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Report Date : |
23.11.2012 |
IDENTIFICATION DETAILS
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Name : |
MCS COCA COLA LLC |
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Formerly Known As : |
MCS Coca-Cola / M Si Es Koka Kola XXK / M-Si-Es Koka Kola XXK |
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Registered Office : |
MCSCC Plant, |
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Country : |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
26.07.2001 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Subject is engaged as energy and infrastructure, information and
communication technology, beverage manufacturing and distribution, wholesale and
retail, property development, construction and printing. |
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No. of Employees : |
8000 (Group) |
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RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 – June 30th, 2012
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Country Name |
Previous Rating (31.03.2011) |
Current Rating (30.06.2012) |
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C1 |
C1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Mongolia - ECONOMIC OVERVIEW
Economic activity in Mongolia was traditionally based on herding and agriculture - Mongolia's extensive mineral deposits, however, have attracted foreign investors, and the country is undergoing an economic transformation through its mining boom. Mongolia holds copper, gold, coal, molybdenum, fluorspar, uranium, tin, and tungsten deposits, among others, which account for a large part of foreign direct investment and government revenues. Soviet assistance, at its height one-third of GDP, disappeared almost overnight in 1990 and 1991 at the time of the dismantlement of the USSR. The following decade saw Mongolia endure both deep recession, because of political inaction and natural disasters, as well as economic growth, because of reform-embracing, free-market economics and extensive privatization of the formerly state-run economy. The country opened a fledgling stock exchange in 1991. Mongolia joined the World Trade Organization in 1997 and seeks to expand its participation in regional economic and trade regimes. Growth averaged nearly 9% per year in 2004-08 largely because of high copper prices and new gold production. By late 2008, the country was faced with external shocks from the global financial crisis, and a sharp drop in commodity prices slashed government revenues. GDP dropped 1.3% in 2009. In early 2009, the International Monetary Fund reached a $236 million Stand-by Arrangement with Mongolia and the country has largely emerged from the crisis. The banking sector is recovering and the government has started to enact greater supervision regulations. In October 2009, Mongolia passed long-awaited legislation on an investment agreement to develop the Oyu Tolgoi mine, considered to be among the world's largest untapped copper deposits. Another similarly lengthy process is underway for an investment agreement for the massive coal mine at Tavan Tolgoi; it is under review by the National Security Council and a final decision is expected in 2012. The economy grew 6.4% in 2010 and 17.3% in 2011, largely on the strength of commodity exports to nearby countries. Trade with China represents more than half of Mongolia's total external trade - China receives more than 90% of Mongolia's exports. Mongolia purchases 95% of its petroleum products and a substantial amount of electric power from Russia, leaving it vulnerable to price increases. In the face of anticipated growth in mining revenues, the country is grappling with the challenge of avoiding an overheated economy. Due to severe winter weather in 2009-10, Mongolia lost 22% of its total livestock, and meat prices doubled. Renewed concerns are surfacing over controlling inflation, which was more than 10% for much of 2010-11, due in part to soaring food prices. Government spending - on line to increase as much as 75% over 2011 - has added to concerns over inflation. Remittances from Mongolians working abroad, particularly in South Korea, are significant. Money-laundering is a growing concern.
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Source : CIA |
MCS COCA COLA LLC (Correct)
COCA COLA LLC (Requested)
Building : MCSCC Plant
Street : Peace Avenue, Gachuurt Road 104
Area : Amgalan 13260, Bayanzurkh District, 10th
Khoroo
Town : Ulaanbaatar
Country : Mongolia
Telephone : (976 70) 165 555 / Mobile (976 88)
111 399 (Myagmarjav Luvsandash) / (976 88) 117 501 (Khandaa Tsedendamba)
Fax : (976 70) 165 500
E-Mail : khandaa.ts@mcscocacola.mn / myagmarjav.l@mcscocacola.mn
Website : www.mcscocacola.mn
Shortform Name : MCSCC LLC
Also known as : MCS Coca-Cola / M
Si Es Koka Kola XXK / M-Si-Es Koka Kola XXK
Name Position
1. Myagmarjav Luvsandash
Managing Director
2. Mendsaikhan Baldorj Sales Director
3. Narmandakh Norov Production Director
4. Khandaa Tsedendamba
Finance & Planning Director
Total Employees : 580-650
(depending on the projects in hand)
8,000 (group)
No complaints have been heard regarding payments from local suppliers or
banks.
Subject is a member of the MCS Group of Companies - one of the largest
private sector entities in terms of number of employees in Mongolia with about
8,000 through its contractors and subcontractors. The Group has more than 32
subsidiaries covering diversified business activities including: energy &
infrastructure, general manufacturing & services, information &
communications, property development, and - food, beverage & alcohol. The
Group had annual sales turnover $US 250 million in 2008.
We consider it is acceptable to deal with subject for LARGE amounts
although it is normal accepted practice for international suppliers to deal on
secured terms with Mongolian importers.
Trade risk assessment : Normal
NAME : TRADE AND DEVELOPMENT BANK OF MONGOLIA
Branch : Juulnchny Gudamj 7
Town : Ulaanbaatar 210646
Telephone : (976 11) 312
362 / 331 133
Fax : (976 11) 325 449
The company also has an account with the following banks:
1. Golomt Bank of Mongolia
Main Branch
Bodi Tower, Sukhbaatar Square
Ulaanbaatar
Telephone : (976 11) 311 530
Fax :
(976 11) 312 307
2. Khan Bank of Mongolia
Peace Avenue
P.O Box-185
Ulaanbaatar
Telephone : (976 11) 457 880
Fax :
(976 11) 457 880
Audited Balance Sheets as at 31 December 2011 showed:
2010 2011
(in thousands of TUGRIK)
ASSETS
Current
assets
Cash
and cash equivalents 919,656,137 2,938,389,723
Accounts
receivables 1,567,091,627 3,871,266,883
Trade
receivables (intercompany)
1,025,413,337 2,746,607,292
Trade
receivables
394,698,490 831,673,358
Amount
due from employee
7,331,950 32,857,620
Amount
due from debtors
25,186,655 129,593,607
AR
- returnable packaging deposit value
100,678,847 104,948,097
AR
- returnable packaging deposit
value
(intercompany)
18,334,580 30,139,140
Dividend
receivables
- -
Current
financial assets
- -
Current
financial assets (intercompany)
- -
Current
finance lease receivables
- -
Current
finance lease receivables (intercompany)
- -
Allowance
for doubtful debts
(4,552,231) (4,552,231)
Tax
recoverable 561,670,652 486,375,238
Amount
due from Intercompany 10,000 34,312,675
Inventory
10,608,411,085 14,164,513,180
Supply
material 1,301,844,040 1,303,675,458
Prepayments 211,889,245 456,285,682
Advances 1,831,576 10,273,520
Assets
held for sale - -
Total
current assets
15,172,404,361 23,265,092,359
Non-current
assets
Tangible
assets 37,794,786,253 37,456,076,692
Intangible
assets 2,375,576 1,195,274
Investments - -
Other
non-current assets 269,286,566 881,636,873
Total
non-current assets
38,066,448,395 38,338,908,839
TOTAL
ASSETS 53,238,852,756 61,604,001,197
EQUITY
AND LIABILITIES
Liabilities
Current
liabilities 7,796,632,332 9,727,227,434
Taxes
payables 1,321,746 218,858,309
Amount
due to Intercompany 1,128,136,151 4,225,200,714
Dividends
payable - -
Unearned
revenue 2,313,960 3,078,620
Non-current
interest free payables - 43,560,000
Loans
and borrowings 23,290,285,305 21,329,246,546
Term
loans (intercompany)
- -
TOTAL
LIABILITIES 32,218,689,494 35,547,171,623
EQUITY
Total
equity
21,020,163,263 26,056,829,575
TOTAL
EQUITY AND LIABILITIES
53,238,852,756 61,604,001,197
INCOME
STATEMENT
Net
sales 46,530,476,087 72,180,010,562
Cost
of sales - variable
(33,667,646,438)(50,200,881,319)
Gross
margin 12,862,829,649 21,979,129,243
Operational
expenses (8,300,124,105)(11,638,731,739)
Marketing
expenses (756,314,240) (1,384,362,779)
Distribution
expenses (3,097,107,082) (5,149,268,882)
General
administration (386,363,446) (361,950,636)
Finance
department (184,918,477) (197,665,058)
Legal
department - -
HR
department (42,463,509) (43,634,074)
Project - -
Marketing
department (97,100,108) (155,337,376)
Legal
& admin department (91,386,198) (118,897,064)
Other
departments - (94,283,686)
Internal
service units - -
Internal
audit - -
Research
department - -
IT - -
PR - -
Other
expenses (3,644,471,045) (4,133,332,184)
Operating
profit/(loss) 4,562,705,544 10,340,397,504
Other
gains and (losses) 4,132,103,324 (2,764,539,545)
Other
income 1,942,401,367 923,570,802
Other
expense (55,535,350) (110,780,683)
Earnings
before interest and tax
10,581,674,885 8,388,648,078
Finance
cost (2,656,843,523) (2,200,790,023)
Earnings
before tax 7,924,831,362 6,187,858,054
Income
Tax (1,089,719,146)
(1,151,191,742)
Net
profit /(loss) 6,835,112,216 5,036,666,312
Unaudited
Balance Sheets as at 30 September 2012 (quarterly results) showed:
ASSETS
Current
assets
Cash
and cash equivalents 2,642,107,187
Excess
cash
0
Accounts
receivables 5,478,669,305
Tax
recoverable
304,530,008
Amount
due from Intercompany 3,805,825
Inventory
15,262,281,213
Supply
material 1,171,085,467
Prepayments 1,031,791,922
Advances 20,015,794
Assets
held for sale -
Total
current assets
25,914,286,720
Non-current
assets
Tangible
assets 43,341,824,182
Intangible
assets 319,148
Investments -
Other
non-current assets 407,967,850
Total
non-current assets 43,750,111,180
TOTAL
ASSETS
69,664,397,901
EQUITY
AND LIABILITIES
Liabilities
Current
liabilities 9,250,396,682
Taxes
payables 1,350,104,543
Amount
due to Intercompany 4,580,607,763
Dividends
payable -
Unearned
revenue 31,605,665
Non-current
interest free payables -
Loans
and borrowings 19,060,305,504
Term
loans (intercompany)
-
TOTAL
LIABILITIES 34,273,020,156
EQUITY
Total
equity
35,391,377,744
TOTAL
EQUITY AND LIABILITIES
69,664,397,901
INCOME
STATEMENT
Net
Sales 73,527,031,533
Total
Sales 76,218,507,111
Sales
returns
(62,630,430)
Sales
discounts
-
Sales
promotions
(2,628,845,148)
Cost
of sales (48,177,460,898)
Gross
Margin
25,349,570,636)
Operational
expenses (12,207,469,752)
Wages
& remuneration
(1,733,890,386)
Social
Security
(299,960,673)
Compensation
& bonus (435,215,358)
Meal
& other allowances to employee
(234,166,592)
Vehicle
and transportation
expenses
(fuel, car maintenance etc)
(56,075,480)
Communication
(telephone, fax,
internet
etc)
(40,629,594)
Business
trip
(40,084,986)
Office
supplies
(20,004,477)
Training (17,911,534)
Safety
expenses
(27,042,252)
Domiciliation
expenses -
Rental
expenses
(735,711,129)
Water
& steam
(26,621,177)
Heating (24,159,045)
Electricity (16,042,514)
Repairs
& maintenance (21,123,793)
Sanitation
& cleaning
(120,850,770)
Testing
laboratory fee
(6,186,885)
Fee
for authorization documents (product
code,
product license, product standardization,
certificate
of origin etc)
(19,718,797)
Asset
write–offs
(5,075,536)
Depreciation
& amortization
(1,380,378,614)
Other
services
(18,473,945)
Social
responsibility
-
PR
(1,667,301)
Brand
marketing
(2,272,682,041)
Marketing
contributions
-
Guarantee -
Selling
cost (freight-on sales,
service
guarantee)
(787,564,453)
Distribution
fee (1,959,754,090)
Insurance -
Customers'
promotion
(437,500)
HR
- recruiting expenses (job fair,
job
ads etc)
(20,645,854)
Other
(subscription, team building etc)
-
Fee
for insufficient workforce of disabled
people
(2,527,200)
Assets'
insurance (89,406,867)
Land
fee
(13,327,116)
Other
duties & levy (immovable assets,
vehicle,
water etc)
(95,184,413)
Audit,
valuation
(40,118,770)
R&D -
Tender
(77,500)
New
business (pre-opening expenses,
research
related)
-
Membership
fee
(387,300)
Bank
charges (8,420,472)
Bad
and doubtful debt
-
Supply
material
(106,614,108)
Diminution
in value of inventory
-
Security
other
(134,015,825)
Intermediary
service fee (Beijing
Representative
office) (86,251,500)
Management
fee
(986,602,615)
IT
(intranet, server, accounting
program-Abacus) (20,400,000)
Fee
for shared services (84,030,300)
License
fee
-
Public
service obligation duty (Unitel)
-
Business
meeting
(8,337,306)
Miscellaneous (25,932,107)
Entertainment (36,114,718)
Sport
games
(8,068,225)
Gifts
(5,730,470)
Transit
and storage losses on
goods
purchased
(133,848,164)
Net
operating income 13,142,100,884
Other
income (expenses) 18,289,394
Realized
gain (loss) on foreign currency
Transactions 72,407,614
Unrealized
gain (loss) on foreign
currency
revaluation (78,621,183)
Non-core
business profit
-
Impairment
reversal / (loss) of property,
plant
and equipment
-
Impairment
reversal / (loss) of intangible assets
-
Impairment
reversal / (loss) of investment
-
Gain
(Loss) on disposal of IP
-
Gain
(Loss) on disposal of PPE & IP
24,502,963
Gain
(Loss) on disposal of investment
-
Gain
(Loss) on disposal of other assets
-
Change
in fair value of investment property
-
Revaluation
loss / (reversal) of
property,
plant and equipment
-
Non-operating
income 1,208,098,432
Interest
income
2,171,086
Penalty,
fee income 155,025,378
Rental
income
222,503,806
Miscellaneous -
Dividend
income
-
Other
non-operating income
828,398,162
Non-operating
expenses (86,109,791)
Penalty,
fee income
1,046,500
Donation 18,969,755
Other
non-operating expenses
(66,093,537)
Finance
cost (2,278,090,625)
Expenses
related to the bank loan - approved
(notary
service fee, real estate appraisal
fee,
bond printing etc)
(683,543,250)
Interest
expenses on ST loan
-
Interest
expenses on LT loan (471,124,057)
Bank
guarantee fee
-
Interest
expenses (group)
(1,113,604,962)
Finance
lease interest
expenses
(intercompany)
(9,818,357)
Finance
lease interest expenses
-
Earnings
before tax 12,004,288,293
Total
income tax (2,843,672,996)
Income
Tax
(2,188,181,609)
Income
tax - withheld by others
(51,449,492)
Deferred
tax income (expense) (604,041,895)
Net
profit/(loss) for the period
9,160,615,298
Financial
year ends 31 December.
Historical profit and loss account:
Sales Turnover : TUGRIK 46,530,476,087 - 2010 - exact
: TUGRIK 72,180,010,562
- 2011 - exact
: TUGRIK 73,527,031,533
- 2012 – exact*
Net Profit : TUGRIK 6,835,112,216 - 2010 - exact
: TUGRIK 5,036,666,312 - 2011 - exact
: TUGRIK 9,160,615,298 - 2012 - exact*
5,036,666,312
Total Invested Capital : TUGRIK
9,699,706,000 (as of September 2012)
* 9 months results (January - September).
Financial year ends 31 December.
Date Started : 26 July 2001
History : The company was incorporated in
Mongolia on 26 July 2001 and production commenced on 24 June 2002.
C.R. No. : 9011080120
Tax No. : 2663503
Authorised Capital :
TUGRIK 5,000,000,000
Paid-Up Capital : TUGRIK
5,000,000,000
Limited Liability Company with the following sole shareholder :
MCS Holding LLC 100%
Central Tower, 15th Floor
2 Sukhbaatar Square, SBD-8
Sukhbataar District
Ulaanbaatar 210620a
Telephone: (976 11) 312 625 / 311 079
Fax : (976 11) 312 175
Est.: 1993
Tax No.: 2628236
MCS Holding LLC, founded in 1993 as the first Mongolian private
consulting company in the energy sector, the MCS Group has successfully
expanded its business operations in such diversified fields, as energy and
infrastructure, information and communication technology, beverage
manufacturing and distribution, wholesale and retail, property development,
construction and printing. The MCS Group has 8,000 employees and has been
ranked as one of the top five taxpayers for the last consecutive years.
Personal Profile on Odjargal Jambaljamtsiin :
Odjargal Jambaljamtsiin graduated from the Polytechnic Institute, Kiev,
in 1989, Mr. Odjargal worked as an engineer at the Energy Bureau in Mongolia
for a few years before setting up his own engineering company in 1993. He has a
MBA from Maastricht School of Management.
Od Jambaljamtsiin :
Mr. Od, the older brother of Mr. Odjargal, graduated from Moscow
University of Foreign Relations with a bachelor’s degree and from Oxford School
of Foreign Service with a master’s degree and had served as a diplomat for many
years before joining the company.
Affiliated companies of MCS Coca Cola LLC :
Associates
1. Enerko LLC
MCS Anun Center
Chinggis Avenue
Khan-Uul District, 3rd Khoroo
Ulaanbaatar 210136
Telephone: (976 11) 346 464
Fax : (976 11) 346 262
2. Erchim Suljee LLC
MCS Anun Center
Chinggis Avenue
Khan-Uul District, 3rd Khoroo
Ulaanbaatar 210136
Telephone: (976 11) 346 464
Fax : (976 11) 346 262
3. MCS Electronics Co Ltd
Central Tower 14/F
Sukhbaatar Square No. 2
Sukhbaatar District,
SBD-8
Ulaanbaatar-210620A
Telephone: (976 11) 323 705 /
Mobile (976 88) 113 263
Fax : (976 11) 312 699
4. Spirt Bal Buram JSC
Mandal sum
Selenge aimag
Telephone: (976 11) 311 079
Fax : (976 11) 312 175
E-mail : eldevoch@mcs.mn
5. Interpress Co Ltd
MCS Plaza, 1st Floor
Seoul Street 4
Ulaanbaatar 210644
Telephone: (976 11) 326 898 /
Mobile (976 99) 118 668
Fax : (976 11) 329 474
E-mail : interpress@magicnet.mn
6. MCS Property LLC
MCS Palaza
Seoul Street 4
Ulaabaatar 210644
Telephone: (976 11) 311 079 /
312 625
Fax : (976 11) 312 175
7. Anungoo Co Ltd (Procter &
Gamble)
MCS Plaza, 2nd Floor
Seoul Street 4
Ulaanbaatar 210644
Telephone: (976 11) 961 619
Fax : (976 11) 312 175
E-mail : anungoo@mcs.mn
8. MCS International LLC
MCS Anun Center
Chinggis Avenue
Khan-Uul District, 3rd Khoroo
Ulaanbaatar 210136
Telephone: (976 77) 226 363 /
226 6264
Fax : (976 77) 226 030
Est.: 1 April 1996
C.R. No. : 9011035035
Tax No.: 2090007
Capital : TUGRIK 700,000,000
Sole shareholder : MCS Holding
LLC
9. Chinggiz Eco Tour Co Ltd
MCS Plaza, 5th Floor
Seoul Street 4
Ulaanbaatar 210644
Telephone: (976 99) 115 153
Fax : (976 11) 312175
10. Devshil-Trade Co Ltd
Sonsgolon
Bayangol District
Ulaanbaatar
Telephone: (976 11) 632 964 /
631 539
Fax : (976 11) 631 709
E-mail : deb_enkh@mcs.mn
11. MCS Gyals Medical Centre
1st Floor
Russian Hospital
Jukov Ave.131
Bayanzurkh district
Ulaanbaatar
Telephone: (976 99) 112 603 /
(11) 457 781
Fax : (976 11) 451 807
E-mail : mcsInter@mcs.mn
12. Zuunkharaa Trade Co Ltd
MCS Coca-Cola Plaza
Chingis Avenue
Khan Uul district
Ulaanbaatar-19
Telephone: (976 11) 345 234
Fax : (976 11) 345 228
13. Unitel LLC
Central Tower, 8th Floor
Sukhbatar Square 2
Sukhbatar District 8
Ulaanbaatar 210620A
Mongolia
Telephone: (976 11) 331 730
Fax :
(976 11) 330 708
E-Mail :
bayarbakhdal@unitel.mn
Est.: 5 October 2005
C.R. No.: 482106
14. MCS Anun LLC
1st floor, Building M-100
Chingeltei District
Ulaanbaatar
Telephone: (976 11) 312 908 /
312 938
Fax : (976 11) 312 907
15. Mon Sat Co Ltd
MCS Plaza, 3rd Floor
Seoul Street 4
Ulaanbaatar 210644
Telephone: (976 11) 312 625
Fax : (976 11) 312 175
16. Orbitnet Co LLC
Central Tower 14/F
Sukhbaatar Square No. 2
Sukhbaatar District,
SBD-8
Ulaanbaatar-210620A
Telephone: (976 11) 323 705
Fax : (976 11) 312 699
17. Officenet LLC
MCS Plaza, 3rd Floor
Seoul Street 4
Ulaanbaatar 210644
Telephone: (976 11) 344 931
Fax : (976 11) 312 175
18. Goyo Co Ltd
MCS Plaza, 3rd Floor
Seoul Street 4
Ulaanbaatar 210644
Telephone: (976 11) 342 531
Fax : (976 11) 344 015
19. Shangrila Hotel
Ulaanbaatar
Telephone: (976 11) 326 602
Fax : (976 11) 326 643
20. Orchlon School
Ulaanbaatar
Telephone: (976 11) 353 519
Fax : (976 11) 354 115
21. Orchlon Club
Ulaanbaatar
Telephone: (976 11) 354 327
Fax : (976 11) 354 326
22. MCS Distribution LLC
Ulaanbaatar
Telephone: (976 11) 345 234
Fax : (976 11) 345 460
23. Energy Resources LLC
Central Tower
2 Sukhbaatar square, SBD-8
15th floor
Ulaanbaatar 210620A
Telephone: (976 70) 122 279 /
132 279
Fax : (976 11) 322 279
24. Global Energy
Ulaanbaatar
Telephone: (976 11) 311 079
Fax : (976 11) 312 175
25. Medimpex
Ulaanbaatar
Telephone: (976 11) 310 429
Fax : (976 11) 318 254
26. Irish Pub Grand Khaan
Ulaanbaatar
Telephone: (976 11) 336 666
Fax : (976 11) 330 995
27. MCS - APB LCL
Ulaanbaatar
Telephone: (976 11) 464 304
Fax : (976 11) 464 306
28. Sky Resort
Ulaanbaatar
Telephone: (976 11) 311 079
Fax : (976 11) 311 079
29. MCS Estates
Ulaanbaatar
Telephone: (976 11) 311 079
Fax : (976 11) 312 175
30. Green Catering LLC
14th Floor, Central Tower
Ulaanbaatar
Mongolia
Telephone: (976 11) 314 411
Fax : (976 11) 314 411
Est.: 2008
31. MCSCom LLC
Central Tower 14/F
Sukhbaatar Square No. 2
Sukhbaatar District,
SBD-8
Ulaanbaatar-210620A
Telephone: (976 11) 323 705
Fax : (976 11) 312 699
32. Glamour LLC
Ulaanbaatar
33. MCS Health LLC
34. SBB Trade LC
35. MCS Armor LLC
36. Uniservice Solution LLC
37. MCS Metals LLC
38. MCS Tour Co Ltd
MCS Plaza, 5th Floor
Seoul St 4
Ulaanbaatar 210644
Telephone: (976 99) 115 153
Fax : (976 11) 312175
E-mail : MCSTour@mcs.mn
(dormant)
The Company is involved in the following activities :
Bottlers of Coca Cola, Fanta Sprite, Nestea and Schweppes soft drinks as
well as Bon Aqua mineral water.
Imports from Hong Kong, Japan, Switzerland, Russia, China and South
Korea.
NACE Code : 1107 / 4617 / 4634
Annual production capacity (in liters) : 150,000,000
Subject does not export, all sales are domestic.
Principal suppliers include :
1. Coca Cola China Limited
18/F Lincoln House, Taikoo
Place, 979 King’s Road
Quarry Bay
Hong Kong
2. Coca Cola Bottlers Manufacturing (Dongguan)
Shigu Industry Park
Nancheng District
Dongguan 52308-1
China
3. Cargill International SA
14 Chemin De-Normandie
P.O. Box: CH-1211
Geneva 12
Switzerland
4. Swire Coca Cola HK
17-19 Yuen Shun Circuit Siu Lek
Yuen Shatin N.T.
Hong Kong
The Company has the following facilities :
Owned premises comprising administrative offices, bottling factory
(11,650 sq. m.) and storage facilities (4,370 sq. m.) located at the heading
address.
Subject also has additional rented storage facilities (9,100 sq. m.)
located at elsewhere in Ulaanbaatar (see 'Branch Offices' below).
Subject is building a storage facility (15,900 sq. m.) located at
elsewhere in Ulaanbaatar planning to commence in May 2013.
Until 2009 subject was located at :
Enkhtaivan Avenue, Batsurkh Road 102
Bayanzurkh District, 1 Amgalon
Ulaanbaatar
Until March 2009 subject was located at :
MCS Coca Cola LLC Complex
Chinggis Avenue
Khan-Uul District, 1st Khoroo
Ulaanbaatar
Telephone: (976 11) 345 555
Fax : (976 11) 345 500
MCS Coca Cola LLC Complex
Chinggis Avenue
Khan-Uul District, 1st Khoroo
Ulaanbaatar
You enquired on: COCA COLA LLC. Please note that the correct name is as
per heading.
Interviewed: Khandaa Tsedendamba (Finance & Planning Director).
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.16 |
|
|
1 |
Rs.88.03 |
|
Euro |
1 |
Rs.70.86 |
INFORMATION DETAILS
|
Report
Prepared by : |
SDA |
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.