MIRA
INFORM REPORT
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Report Date : |
26.11.2012 |
IDENTIFICATION DETAILS
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Name : |
HEXAGON METROLOGY SPA |
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Formerly Known As : |
DEA SpA |
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Registered Office : |
Via Vittime di Piazza della Loggia 6, Mocalieri, 10024 |
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Country : |
Italy |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
16.06.1986 |
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Com. Reg. No.: |
02091630281 |
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Legal Form : |
Public Subsidiary Company |
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Line of Business : |
manufacturer of electronic instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment |
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No. of Employees : |
267 employees |
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
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
Italy |
A2 |
A2 |
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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 |
ITALY - ECONOMIC OVERVIEW
Italy has a diversified
industrial economy, which is divided into a developed industrial north,
dominated by private companies, and a less-developed, welfare-dependent, agricultural
south, with high unemployment. The Italian economy is driven in large part by
the manufacture of high-quality consumer goods produced by small and
medium-sized enterprises, many of them family owned. Italy also has a sizable
underground economy, which by some estimates accounts for as much as 17% of
GDP. These activities are most common within the agriculture, construction, and
service sectors. Italy is the third-largest economy in the euro-zone, but
exceptionally high public debt burdens and structural impediments to growth
have rendered it vulnerable to scrutiny by financial markets. Public debt has
increased steadily since 2007, reaching 120% of GDP in 2011, and borrowing
costs on sovereign government debt have risen to record levels. During the
second half of 2011 the government passed a series of three austerity packages
to balance its budget by 2013 and decrease its public debt burden. These
measures included a hike in the value-added tax, pension reforms, and cuts to
public administration. The government also faces pressure from investors and
European partners to address Italy's long-standing structural impediments to
growth, such as an inflexible labor market and widespread tax evasion. The
international financial crisis worsened conditions in Italy''s labor market,
with unemployment rising from 6.2% in 2007 to 8.4% in 2011, but in the
longer-term Italy''s low fertility rate and quota-driven immigration policies
will increasingly strain its economy. The euro-zone crisis along with Italian austerity
measures have reduced exports and domestic demand, slowing Italy''s recovery.
Italy''s GDP is still 5% below its 2007 pre-crisis level.
|
Source : CIA |
Company name & address
Hexagon Metrology SpA
Via Vittime di Piazza della Loggia 6
Mocalieri, 10024
Italy
Tel: 39 (011) 4025111
Fax: 39 (011) 7803254
Web: www.hexagonmetrology.com/it
Synthesis
Employees: 267
Company Type: Public Subsidiary
Corporate Family: 179
Companies
Ultimate Parent: Hexagon
AB
Incorporation Date:
16-Jun-1986
Financials in: USD
(Millions)
Fiscal Year End:
31-Dec-2011
Reporting Currency: Euro
Annual Sales: 103.6
Total Assets: 92.4
Business Description
Hexagon Metrology SpA is primarily engaged in manufacture of electronic
instruments and appliances for measuring, checking, testing, navigating and
other purposes, except industrial process control equipment; and manufacture of
non-electronic instruments and appliances for measuring, checking, testing,
navigating and other purposes, except industrial process control equipment.
Industry
Industry Scientific and Technical
Instruments
ANZSIC 2006: 2419 - Other
Professional and Scientific Equipment Manufacturing
NACE 2002: 3320 - Manufacture
of instruments and appliances for measuring, checking, testing, navigating
and other
purposes, except industrial process control equipment
NAICS 2002: 334519 - Other
Measuring and Controlling Device Manufacturing
UK SIC 2003: 3320 - Manufacture
of instruments and appliances for measuring, checking, testing, navigating
and other
purposes, except industrial process control equipment
UK SIC 2007: 2651 - Manufacture
of instruments and appliances for measuring, testing and navigation
US SIC 1987: 3829 - Measuring
and Controlling Devices, Not Elsewhere Classified
Key Executives
|
Name |
Title |
|
Norbert Hermann Hanke |
President |
|
Levio Valetti |
Marketing Manager |
|
Giacomo Barila' |
Executive |
|
Paolo Ferrero |
Executive |
|
David Anthony Mills |
Member of the board |
news
|
Title |
Date |
|
"Articulating Measuring Arm with
Laser Scanner" in Patent Application Approval Process |
1-Nov-2012 |
|
Hexagon Metrology Measures Up Savings with
Ariba Spend Visibility |
23-Oct-2012 |
|
Agency Reviews Patent Application Approval
Request for "Cmm with Modular Functionality" |
20-Sep-2012 |
|
ROMER Absolute Arm Now Up to 66% Faster |
11-Sep-2012 |
|
Hexagon Metrology Releases New Brown &
Sharpe TWIN-CAL IP67 Caliper |
10-Sep-2012 |
1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7191895
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.770327
Corporate Overview
Location
Via Vittime di Piazza della Loggia 6
Mocalieri, 10024
Italy
Tel: 39 (011) 4025111
Fax: 39 (011) 7803254
Sales EUR(mil): 74.5
Assets EUR(mil): 71.2
Employees: 267
Fiscal Year End: 31-Dec-2011
Industry: Scientific
and Technical Instruments
Incorporation Date: 16-Jun-1986
Company Type: Public
Subsidiary
Quoted Status: Not
Quoted
Previous Name: DEA SpA
Registered No.(ITA): 02091630281
President: Norbert
Hermann Hanke
Contents
Industry Codes
Business Description
Brand/Trade Names
Financial Data
Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
2419 - Other Professional and Scientific Equipment Manufacturing
NACE 2002 Codes:
3320 - Manufacture of instruments and appliances for measuring,
checking, testing, navigating and other purposes, except industrial process
control equipment
NAICS 2002 Codes:
334519 - Other Measuring and Controlling Device Manufacturing
US SIC 1987:
3829 - Measuring and Controlling Devices, Not Elsewhere Classified
UK SIC 2003:
3320 - Manufacture of instruments and appliances for measuring, checking,
testing, navigating and other purposes, except industrial process control
equipment
UK SIC 2007:
2651 - Manufacture of instruments and appliances for measuring,
testing and navigation
Business
Description
Manufacture of coordinate measuring machines
More Business
Descriptions
Hexagon Metrology
SpA is primarily engaged in manufacture of electronic instruments and
appliances for measuring, checking, testing, navigating and other purposes,
except industrial process control equipment; and manufacture of non-electronic
instruments and appliances for measuring, checking, testing, navigating and
other purposes, except industrial process control equipment.
Other Industrial Machinery Manufacturing
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Corporate Family |
Corporate
Structure News: |
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Hexagon Metrology SpA |
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Company
Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
Stockholm |
Sweden |
Scientific and Technical Instruments |
3,016.0 |
13,606 |
|
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|
Acquisition of
Microsurvey Software Inc proposed/announced.See corporate
structure news on
Hexagon AB for details |
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|
Subsidiary |
Madison, AL |
United States |
Software and Programming |
808.4 |
3,500 |
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|
Subsidiary |
Madison, AL |
United States |
Computer Services |
|
850 |
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|
|
Division |
Madison, AL |
United States |
Software and Programming |
|
700 |
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Subsidiary |
Secunderabad, Andhra Pradesh |
India |
Software and Programming |
|
425 |
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Subsidiary |
Secunderabad |
India |
Retail (Technology) |
8.0 |
350 |
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Branch |
Hyderabad, Andhra Pradesh |
India |
Nonclassifiable Industries |
|
500 |
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Subsidiary |
Madison, AL |
United States |
Retail (Specialty) |
0.7 |
300 |
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|
Subsidiary |
Ismaning |
Germany |
Software and Programming |
92.7 |
260 |
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|
Subsidiary |
Madison, AL |
United States |
Software and Programming |
|
148 |
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|
Subsidiary |
Swindon |
United Kingdom |
Computer Services |
27.0 |
125 |
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|
Subsidiary |
Runcorn |
United Kingdom |
Nonclassifiable Industries |
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Subsidiary |
Calgary, AB |
Canada |
Retail (Technology) |
4.2 |
125 |
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Subsidiary |
Hoofddorp |
Netherlands |
Software and Programming |
13.0 |
100 |
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Subsidiary |
Hoofddorp |
Netherlands |
Retail (Specialty) |
|
75 |
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|
Subsidiary |
Abu Dhabi |
United Arab Emirates |
Office Equipment |
8.0 |
100 |
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Subsidiary |
Chaoyang District, Beijing |
China |
Office Equipment |
|
100 |
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|
Subsidiary |
Shanghai, Shanghai |
China |
Office Equipment |
|
100 |
|
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|
Subsidiary |
Kuala Lumpur |
Malaysia |
Office Equipment |
|
100 |
|
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|
Subsidiary |
Beijing |
China |
Audio and Video Equipment |
|
100 |
|
|
|
Subsidiary |
Riyadh |
Saudi Arabia |
Software and Programming |
|
80 |
|
|
|
Subsidiary |
Rungis, Cedex |
France |
Software and Programming |
24.2 |
74 |
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|
|
Subsidiary |
Kiryat Motzkin |
Israel |
Retail (Technology) |
|
70 |
|
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|
Subsidiary |
Singapore |
Singapore |
Computer Services |
|
60 |
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Subsidiary |
Brussels |
Belgium |
Audio and Video Equipment |
|
60 |
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Subsidiary |
Warsaw |
Poland |
Photography |
|
60 |
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Subsidiary |
Milan, Rozzano |
Italy |
Retail (Specialty) |
|
60 |
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Subsidiary |
Bucharest |
Romania |
Miscellaneous Capital Goods |
2.0 |
50 |
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Subsidiary |
Prosek |
Czech Republic |
Office Equipment |
|
50 |
|
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Subsidiary |
Madrid |
Spain |
Photography |
|
48 |
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Subsidiary |
Bruxelles |
Belgium |
Software and Programming |
14.6 |
47 |
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Subsidiary |
Seoul |
Korea, Republic of |
Retail (Technology) |
|
46 |
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Branch |
Houston, TX |
United States |
Software and Programming |
6.6 |
42 |
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Subsidiary |
Reston, VA |
United States |
Software and Programming |
6.3 |
40 |
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Division |
Singapore |
Singapore |
Photography |
4.5 |
40 |
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Subsidiary |
Central, Hong Kong Island |
Hong Kong |
Office Equipment |
|
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Subsidiary |
Jakarta Pusat |
Indonesia |
Office Equipment |
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Subsidiary |
Bangsa, Kuala Lumpur |
Malaysia |
Office Equipment |
|
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Subsidiary |
Kota Kinabalu, Sabah |
Malaysia |
Office Equipment |
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Subsidiary |
Hanoi |
Viet Nam |
Office Equipment |
|
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Subsidiary |
Ho Chi Minh City |
Viet Nam |
Office Equipment |
|
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Subsidiary |
Dubai |
United Arab Emirates |
Computer Networks |
|
40 |
|
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|
Subsidiary |
Prague |
Czech Republic |
Engineering Consultants |
|
40 |
|
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|
Subsidiary |
Billingstad |
Norway |
Retail (Technology) |
12.2 |
31 |
|
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|
Subsidiary |
North Sydney, NSW |
Australia |
Software and Programming |
29.3 |
30 |
|
|
|
Subsidiary |
Columbia, MD |
United States |
Software and Programming |
6.6 |
30 |
|
|
|
Subsidiary |
Bentley, WA |
Australia |
Software and Programming |
|
30 |
|
|
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Branch |
Lexington Park, MD |
United States |
Software and Programming |
4.2 |
27 |
|
|
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Subsidiary |
Auckland |
New Zealand |
Software and Programming |
|
26 |
|
|
|
Subsidiary |
Morgantown, WV |
United States |
Computer Services |
3.5 |
25 |
|
|
|
Subsidiary |
Dietikon |
Switzerland |
Photography |
|
25 |
|
|
|
Intergraph
(Portugal) - Sistemas De ComputaĂ§Ă£o GrĂ¡fica, S.A. |
Subsidiary |
Lisboa, Lisboa |
Portugal |
Computer Services |
4.8 |
21 |
|
|
Subsidiary |
Sollentuna |
Sweden |
Retail (Technology) |
|
20 |
|
|
|
Subsidiary |
Kuwait |
Kuwait |
Retail (Technology) |
|
20 |
|
|
|
Subsidiary |
Beijing |
China |
Audio and Video Equipment |
|
20 |
|
|
|
Subsidiary |
Bentley, WA |
Australia |
Software and Programming |
|
20 |
|
|
|
Subsidiary |
Runcorn |
United Kingdom |
Computer Services |
7.0 |
18 |
|
|
|
Branch |
Miramar, FL |
United States |
Software and Programming |
2.5 |
16 |
|
|
|
Subsidiary |
MĂ©xico, D.F. |
Mexico |
Retail (Technology) |
3.6 |
15 |
|
|
|
Subsidiary |
Houston, TX |
United States |
Software and Programming |
2.4 |
15 |
|
|
|
Branch |
Brisbane, QLD |
Australia |
Software and Programming |
|
15 |
|
|
|
Division |
Caracas |
Venezuela |
Software and Programming |
|
15 |
|
|
|
Subsidiary |
Wien |
Austria |
Computer Services |
1.0 |
13 |
|
|
|
Subsidiary |
Herlev |
Denmark |
Audio and Video Equipment |
0.0 |
13 |
|
|
|
Subsidiary |
Wellington |
New Zealand |
Audio and Video Equipment |
11.0 |
12 |
|
|
|
Branch |
Kapolei, HI |
United States |
Software and Programming |
1.7 |
11 |
|
|
|
Branch |
Doncaster, VIC |
Australia |
Software and Programming |
1.0 |
10 |
|
|
|
Subsidiary |
Taipei |
Taiwan |
Photography |
1.0 |
10 |
|
|
|
Subsidiary |
Auckland, AU |
New Zealand |
Software and Programming |
|
10 |
|
|
|
Branch |
Englewood, CO |
United States |
Software and Programming |
1.3 |
8 |
|
|
|
Subsidiary |
Barcelona |
Spain |
Photography |
|
8 |
|
|
|
Branch |
Beavercreek Twp, OH |
United States |
Software and Programming |
0.9 |
6 |
|
|
|
Subsidiary |
Charlotte, NC |
United States |
Software and Programming |
0.8 |
5 |
|
|
|
Subsidiary |
Redmond, WA |
United States |
Software and Programming |
0.8 |
5 |
|
|
|
Branch |
Las Vegas, NV |
United States |
Software and Programming |
0.8 |
5 |
|
|
|
Branch |
Greenville, SC |
United States |
Software and Programming |
0.8 |
5 |
|
|
|
Branch |
Thompson, CT |
United States |
Software and Programming |
0.8 |
5 |
|
|
|
Branch |
Houston, TX |
United States |
Software and Programming |
0.8 |
5 |
|
|
|
Subsidiary |
Columbia, MD |
United States |
Security Systems and Services |
0.8 |
5 |
|
|
|
Subsidiary |
Atlanta, GA |
United States |
Software and Programming |
0.8 |
5 |
|
|
|
Subsidiary |
Vienna |
Austria |
Audio and Video Equipment |
|
2 |
|
|
|
Branch |
Marlton, NJ |
United States |
Software and Programming |
0.2 |
1 |
|
|
|
Branch |
Cameron, TX |
United States |
Software and Programming |
0.2 |
1 |
|
|
|
Subsidiary |
Swindon |
United Kingdom |
Computer Services |
|
|
|
|
|
Subsidiary |
Kowloon, HGK |
Hong Kong |
Computer Networks |
|
|
|
|
|
Subsidiary |
Huntsville, AL |
United States |
Software and Programming |
|
|
|
|
|
Division |
Madison, AL |
United States |
Software and Programming |
|
|
|
|
|
Division |
Huntsville, AL |
United States |
Engineering Consultants |
|
|
|
|
|
Division |
Huntsville, AL |
United States |
Software and Programming |
|
|
|
|
|
Subsidiary |
Hoora, Manama |
Bahrain |
Office Equipment |
|
|
|
|
|
Subsidiary |
Futian District, Shenzhen |
China |
Office Equipment |
|
|
|
|
|
Subsidiary |
Muscat |
Oman |
Office Equipment |
|
|
|
|
|
Subsidiary |
Makati , Metro Manila |
Philippines |
Office Equipment |
|
|
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Office Equipment |
|
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Office Equipment |
|
|
|
|
|
Subsidiary |
Taipei |
Taiwan |
Office Equipment |
|
|
|
|
|
Subsidiary |
Mölndal |
Sweden |
Nonclassifiable Industries |
0.4 |
2,000 |
|
|
|
Subsidiary |
LaxĂ¥, Ă–rebro |
Sweden |
Fabricated Plastic and Rubber |
25.5 |
82 |
|
|
|
Subsidiary |
Heerbrugg |
Switzerland |
Scientific and Technical Instruments |
690.3 |
1,100 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Scientific and Technical Instruments |
165.0 |
500 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Scientific and Technical Instruments |
79.7 |
170 |
|
|
|
Subsidiary |
MĂ¼nchen, Bayern |
Germany |
Miscellaneous Capital Goods |
49.5 |
110 |
|
|
|
Subsidiary |
Quarry Bay, Hong Kong Island |
Hong Kong |
Miscellaneous Capital Goods |
|
100 |
|
|
|
Subsidiary |
Le Pecq |
France |
Construction and Agriculture
Machinery |
39.8 |
90 |
|
|
|
Subsidiary |
Milton Keynes |
United Kingdom |
Construction and Agriculture
Machinery |
55.0 |
73 |
|
|
|
Subsidiary |
Barcelona |
Spain |
Miscellaneous Capital Goods |
23.4 |
71 |
|
|
|
Division |
Norcross, GA |
United States |
Jewelry and Silverware |
7.4 |
65 |
|
|
|
Subsidiary |
Aalen, Baden-WĂ¼rttemberg |
Germany |
Software and Programming |
|
40 |
|
|
|
Subsidiary |
Grand Rapids, MI |
United States |
Engineering Consultants |
|
35 |
|
|
|
Subsidiary |
Cornegliano Laudense, Lodi |
Italy |
Miscellaneous Capital Goods |
38.6 |
32 |
|
|
|
Subsidiary |
Sollentuna, Stockholm |
Sweden |
Scientific and Technical Instruments |
17.4 |
23 |
|
|
|
Subsidiary |
Herlev |
Denmark |
Rental and Leasing |
0.0 |
20 |
|
|
|
Subsidiary |
Oslo, Oslo |
Norway |
Scientific and Technical Instruments |
14.0 |
18 |
|
|
|
Subsidiary |
Centennial, CO |
United States |
Retail (Technology) |
5.5 |
16 |
|
|
|
Subsidiary |
Willowdale, ON |
Canada |
Scientific and Technical Instruments |
10.9 |
10 |
|
|
|
Leica
Geosystems - Sistemas Para Geodesia E Topografia - Sociedade Unipessoal, LDA |
Subsidiary |
Moscavide, Loures |
Portugal |
Electronic Instruments and Controls |
3.9 |
10 |
|
|
Subsidiary |
Westford, MA |
United States |
Medical Equipment and Supplies |
3.6 |
9 |
|
|
|
Subsidiary |
Livonia, MI |
United States |
Construction and Agriculture
Machinery |
4.9 |
6 |
|
|
|
Subsidiary |
Dartmouth, NS |
Canada |
Construction and Agriculture
Machinery |
3.2 |
3 |
|
|
|
Subsidiary |
Bayonne, NJ |
United States |
Nonclassifiable Industries |
|
3 |
|
|
|
Subsidiary |
Wateringen |
Netherlands |
Scientific and Technical Instruments |
|
|
|
|
|
Subsidiary |
Midrand, Gauteng |
South Africa |
Scientific and Technical Instruments |
|
|
|
|
|
Subsidiary |
Calgary, AB |
Canada |
Nonclassifiable Industries |
|
|
|
|
|
Subsidiary |
Qingdao |
China |
Aerospace and Defense |
1.0 |
500 |
|
|
|
Joint Venture |
Taizhou City, Jiang Su |
China |
Miscellaneous Capital Goods |
7.7 |
390 |
|
|
|
Subsidiary |
Ismaning, Bayern |
Germany |
Commercial Banks |
|
327 |
|
|
|
Subsidiary |
Ismaning, Bayern |
Germany |
Software and Programming |
|
280 |
|
|
|
Subsidiary |
Ismaning, Bayern |
Germany |
Software and Programming |
|
70 |
|
|
|
Subsidiary |
Mocalieri, TO |
Italy |
Scientific and Technical Instruments |
103.6 |
275 |
|
|
|
Subsidiary |
North Kingstown, RI |
United States |
Scientific and Technical Instruments |
68.3 |
250 |
|
|
|
Subsidiary |
Calgary, AB |
Canada |
Aerospace and Defense |
259.9 |
230 |
|
|
|
Subsidiary |
North Kingstown, RI |
United States |
Photography |
26.0 |
200 |
|
|
|
Subsidiary |
Norcross, GA |
United States |
Personal Services |
|
130 |
|
|
|
Subsidiary |
Sao Paulo, Sao Paulo |
Brazil |
Miscellaneous Capital Goods |
20.7 |
100 |
|
|
|
Subsidiary |
Odense Sv |
Denmark |
Construction and Agriculture
Machinery |
0.0 |
100 |
|
|
|
Subsidiary |
Jacksonville, AR |
United States |
Electronic Instruments and Controls |
23.4 |
90 |
|
|
|
Subsidiary |
Eskilstuna |
Sweden |
Jewelry and Silverware |
21.8 |
70 |
|
|
|
Subsidiary |
Waldburg, Baden-WĂ¼rttemberg |
Germany |
Scientific and Technical Instruments |
|
60 |
|
|
|
Subsidiary |
Huddinge, Stockholm |
Sweden |
Engineering Consultants |
10.5 |
52 |
|
|
|
Subsidiary |
Norcross, GA |
United States |
Software and Programming |
12.7 |
50 |
|
|
|
Subsidiary |
Telford |
United Kingdom |
Nonclassifiable Industries |
|
50 |
|
|
|
Subsidiary |
Wetzlar, Hessen |
Germany |
Commercial Banks |
|
42 |
|
|
|
Subsidiary |
Duluth, GA |
United States |
Scientific and Technical Instruments |
26.1 |
40 |
|
|
|
Subsidiary |
Wetzlar, Hessen |
Germany |
Software and Programming |
|
40 |
|
|
|
Subsidiary |
Villebon Sur Yvette |
France |
Miscellaneous Capital Goods |
52.7 |
34 |
|
|
|
Subsidiary |
Le Pecq |
France |
Scientific and Technical Instruments |
9.2 |
34 |
|
|
|
Subsidiary |
WĂ¼lfrath, Nordrhein-Westfalen |
Germany |
Scientific and Technical Instruments |
|
18 |
|
|
|
Subsidiary |
Quarry Bay, Hong Kong |
Hong Kong |
Electronic Instruments and Controls |
10.0 |
|
|
|
|
Subsidiary |
Tucson, AZ |
United States |
Retail (Technology) |
10.3 |
30 |
|
|
|
Subsidiary |
Aurskog, Akershus |
Norway |
Scientific and Technical Instruments |
12.8 |
25 |
|
|
|
Subsidiary |
Moncalieri, Torino |
Italy |
Miscellaneous Fabricated Products |
4.3 |
25 |
|
|
|
Subsidiary |
West Leederville, WA |
Australia |
Computer Hardware |
3.3 |
25 |
|
|
|
Holding |
London |
United Kingdom |
Jewelry and Silverware |
|
25 |
|
|
|
Division |
Cobham |
United Kingdom |
Scientific and Technical Instruments |
|
80 |
|
|
|
Division |
North Kingstown, RI |
United States |
Miscellaneous Capital Goods |
|
600 |
|
|
|
Subsidiary |
Wetzlar, Hessen |
Germany |
Jewelry and Silverware |
83.5 |
250 |
|
|
|
Subsidiary |
Courtaboeuf, Cedex |
France |
Jewelry and Silverware |
|
100 |
|
|
|
Division |
Unterentfelden |
Switzerland |
Scientific and Technical Instruments |
|
65 |
|
|
|
Subsidiary |
Costa Mesa, CA |
United States |
Construction and Agriculture
Machinery |
16.3 |
20 |
|
|
|
Subsidiary |
Huntersville, NC |
United States |
Miscellaneous Capital Goods |
14.2 |
15 |
|
|
|
Subsidiary |
Le Pecq |
France |
Miscellaneous Financial Services |
3.4 |
14 |
|
|
|
Subsidiary |
Telford |
United Kingdom |
Scientific and Technical Instruments |
2.7 |
10 |
|
|
|
Subsidiary |
Nashville, TN |
United States |
Appliance and Tool |
2.3 |
10 |
|
|
|
Subsidiary |
Espoo |
Finland |
Retail (Specialty) |
2.9 |
8 |
|
|
|
Subsidiary |
Miamisburg, OH |
United States |
Miscellaneous Capital Goods |
2.1 |
8 |
|
|
|
Subsidiary |
Cormano, Milano |
Italy |
Business Services |
4.2 |
6 |
|
|
|
Subsidiary |
Telford |
United Kingdom |
Business Services |
|
6 |
|
|
|
Subsidiary |
Telford |
United Kingdom |
Scientific and Technical Instruments |
25.9 |
82 |
|
|
|
Subsidiary |
Telford |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
|
Subsidiary |
Kent, WA |
United States |
Nonclassifiable Industries |
|
6 |
|
|
|
Subsidiary |
Albuquerque, NM |
United States |
Construction and Agriculture
Machinery |
2.4 |
3 |
|
|
|
Subsidiary |
Burlington, ON |
Canada |
Scientific and Technical Instruments |
1.1 |
3 |
|
|
|
Subsidiary |
Irving, TX |
United States |
Nonclassifiable Industries |
|
3 |
|
|
|
Subsidiary |
Tucson, AZ |
United States |
Construction and Agriculture
Machinery |
1.6 |
2 |
|
|
|
Subsidiary |
Maryland Heights, MO |
United States |
Construction and Agriculture
Machinery |
0.8 |
1 |
|
|
|
Subsidiary |
Bullaren, Västra Götaland |
Sweden |
Scientific and Technical Instruments |
31.8 |
|
|
|
|
Subsidiary |
Stoke On Trent |
United Kingdom |
Miscellaneous Fabricated Products |
|
|
|
|
|
Subsidiary |
Haryana |
India |
Construction Services |
|
|
|
|
|
Subsidiary |
Ebina, Kanagawa |
Japan |
Miscellaneous Capital Goods |
|
|
|
|
Executive report
|
Board of
Directors |
|
|
|
|
||||
|
Member of the board |
Director/Board Member |
|
|
Executives |
|
|
|
|
|||
|
President |
President |
|
|||
|
Managing director |
Managing Director |
|
|||
|
Marketing Manager |
Marketing Executive |
|
|||
|
Executive |
Other |
|
|||
|
Executive |
Other |
|
|||
|
Executive |
Other |
|
|||
|
Executive |
Other |
|
|||
|
Executive |
Other |
|
|||
|
Executive |
Other |
|
|||
|
Executive |
Other |
|
|||
|
Executive |
Other |
|
|||
|
Executive |
Other |
|
Annual profit & loss
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate
(Period Average) |
0.71919 |
0.755078 |
0.719047 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Total income |
111.6 |
80.9 |
64.3 |
|
Net sales |
103.6 |
74.0 |
63.3 |
|
Other operating income |
5.5 |
4.5 |
5.3 |
|
Raw materials and consumables employed |
56.9 |
38.2 |
27.9 |
|
Other expenses |
22.8 |
18.9 |
16.7 |
|
Total payroll costs |
25.0 |
20.8 |
21.1 |
|
Fixed asset depreciation and amortisation |
1.0 |
1.0 |
1.7 |
|
Other operating costs |
0.4 |
0.3 |
0.2 |
|
Net operating income |
5.5 |
1.8 |
-3.5 |
|
Total financial income |
0.2 |
0.1 |
0.3 |
|
Total expenses |
0.1 |
0.1 |
0.1 |
|
Profit before tax |
5.5 |
1.8 |
-3.3 |
|
Extraordinary result |
0.6 |
-0.1 |
-2.7 |
|
Profit after extraordinary items and before tax |
6.1 |
1.7 |
-6.0 |
|
Total taxation |
1.5 |
0.6 |
0.3 |
|
Net profit |
4.6 |
1.1 |
- |
|
Net loss |
- |
- |
6.2 |
Annual Balance Sheet
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.770327 |
0.745406 |
0.696986 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Total stockholders equity |
43.5 |
40.6 |
42.2 |
|
Provision for risks |
1.4 |
1.4 |
1.4 |
|
Provision for pensions |
7.1 |
7.3 |
7.9 |
|
Trade creditors |
15.7 |
13.1 |
9.7 |
|
Bank loans and overdrafts |
4.6 |
4.0 |
4.5 |
|
Other current liabilities |
18.9 |
17.5 |
13.4 |
|
Accruals and deferred income |
1.3 |
1.0 |
0.9 |
|
Total current liabilities |
40.4 |
35.7 |
28.6 |
|
Total liabilities (including net worth) |
92.4 |
84.9 |
80.0 |
|
Intangibles |
0.9 |
0.8 |
0.8 |
|
Total tangible fixed assets |
0.9 |
0.9 |
1.2 |
|
Long-term investments |
1.3 |
1.3 |
1.4 |
|
Total financial assets |
1.3 |
1.4 |
1.4 |
|
Total non-current assets |
3.1 |
3.0 |
3.4 |
|
Finished goods |
17.4 |
15.6 |
14.1 |
|
Net stocks and work in progress |
32.3 |
29.1 |
25.4 |
|
Trade debtors |
22.7 |
20.0 |
20.8 |
|
Other receivables |
16.9 |
31.2 |
29.6 |
|
Cash and liquid assets |
0.1 |
1.1 |
0.3 |
|
Marketable securities |
16.9 |
- |
- |
|
Accruals |
0.4 |
0.5 |
0.5 |
|
Total current assets |
89.4 |
81.9 |
76.6 |
|
Total assets |
92.4 |
84.9 |
80.0 |
Annual Ratios
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.770327 |
0.745406 |
0.696986 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Current ratio |
2.20 |
2.30 |
2.70 |
|
Quick ratio |
1.40 |
1.50 |
1.80 |
|
Current liabilities to net worth |
0.01% |
0.01% |
0.01% |
|
Sales per employee |
0.28 |
0.22 |
0.18 |
|
Profit per employee |
0.02 |
0.01 |
-0.02 |
|
Average wage per employee |
0.07 |
0.06 |
0.06 |
|
Net worth |
43.5 |
40.6 |
42.2 |
|
Number of employees |
267 |
257 |
253 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.34 |
|
UK Pound |
1 |
Rs.88.30 |
|
Euro |
1 |
Rs.71.37 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
---- |
NB |
New Business |
---- |
This score serves as a reference to assess SC’s credit risk and
to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.