MIRA INFORM REPORT

 

 

Report Date :

28.11.2012

 

IDENTIFICATION DETAILS

 

Name :

COOP GENOSSENSCHAFT

 

 

Registered Office :

Thiersteinerallee 12, 4053 Basel/BS

 

 

Country :

Switzerland

 

 

Financials (as on) :

31.12.2011

 

 

Year of Establishment :

1890

 

 

Com. Reg. No.:

550.0.045.526-9 / 38909

 

 

Legal Form :

Cooperative society

 

 

Line of Business :

Subject produces and sells foods and nonfoods and operates 1'991 food stores, hypermarkets, gas stations, convenience stores, and restaurants.

 

 

No. of Employees :

60'000-79'999 employees

 

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 


Status :

Good

Payment Behaviour :

Regular

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)

Switzerland

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 

Switzerland - ECONOMIC OVERVIEW

 

Switzerland is a peaceful, prosperous, and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies. The Swiss have brought their economic practices largely into conformity with the EU's, to enhance their international competitiveness, but some trade protectionism remains, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of all Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled export demand and put Switzerland in a recession. The Swiss National Bank (SNB) during this period effectively implemented a zero-interest rate policy to boost the economy as well as prevent appreciation of the franc, and Switzerland's economy recovered in 2010 with 2.7% growth. The sovereign debt crises currently unfolding in neighboring euro-zone countries pose a significant risk to Switzerland's financial stability and are driving up demand for the Swiss franc by investors seeking a safehaven currency. The independent SNB has upheld its zero-interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell to 2.1% in 2011. Switzerland has also come under increasing pressure from individual neighboring countries, the EU, the US, and international institutions to reform its banking secrecy laws. Consequently, the government agreed to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The government has renegotiated its double taxation agreements with numerous countries, including the US, to incorporate the OECD standard, and in 2011 it reached deals with Germany and the UK to resolve outstanding issues, particularly the possibility of imposing taxes on bank deposits held by foreigners. These steps will have a lasting impact on Switzerland's long history of bank secrecy.

 

Source : CIA

 

 


Company name

 

Coop Genossenschaft

 

 

Operating address

 

Thiersteinerallee 12

4053 Basel/BS

Switzerland/CH

Telephone:                    061 3366666

Fax:                             061 3366040

Web site:                      http://www.coop.ch

E-mail:                         info@coop.ch

VAT-No.:                      CHE109029938

 

 

Profile

 

Established:                  1890

Line of Business:           Consumer markets/Department stores, Retail stores, Provider of meal services

Industry Division:           Retail trade, Services

Industry-code (NACE):     4711     Retail sale in non-specialised stores with food, beverages or tobacco predominating

                                      4752     Retail sale of hardware, paints and glass in specialised stores

                                      4743     Retail sale of audio and video equipment in specialised stores

                                      4719     Other retail sale in non-specialised stores

                                      5610     Restaurants and mobile food service activities

Import/Export:               Import, Export

                                    UBS Ltd

                                    CS Credit Suisse

Banks:                         Bank Coop Ltd

 

Organisation level:         Ultimate Parent

 

 

Operational Figures

 

Coverage:                     Group

Employees:                  60'000-79'999

Sales:                          CHF 10 Bil +

 

 


Activity

 

Coop produces and sells foods and nonfoods and operates 1'991 food stores, hypermarkets, gas stations, convenience stores, and restaurants.

 

Total sales area 2011: 1'761'173 m2

Total sales area 2010: 1'741'914 m2

Total sales area 2009: 1'725'604 m2

 

 

Real Estate

 

Real Estate:                    The company owns extensive property.

 

 

Company Register

 

Company No:                550.0.045.526-9 / 38909

Legal form:                    Cooperative society

Registration:                 03.01.2001

Legal status:                 active

Responsible Register:    Handelsregister des Kantons Basel-Stadt

History:                        Date of Statutes: 14.11.1986

                                    Date of Incorporation Statutes: 19.01.1895

                                    Date of Statutes: 19.12.2008

                                    Date of Statutes: 01.10.1999

                                    Date of Statutes: 01.10.1999

 

Entry            Deleted   Name

06.02.2009                    Coop Genossenschaft

                    removed    Coop Vaud Chablais Valaisan

                    02.02.2001  Coop VD

02.02.2001    06.02.2009  Coop

 

Entry            Deleted   Legal domicile

03.01.2001                    Basel, Switzerland

 

Entry            Deleted   Address

02.02.2001                    Thiersteinerallee 12, 4053 Basel/BS, Switzerland/CH

 

Entry            Deleted   Activity (original Language)

06.02.2009                    Förderung der wirtschaftlichen und sozialen Interessen der Mitglieder der Genossenschaft in gemeinsamer Selbsthilfe sowie der Konsumentinnen und Konsumenten. Die Genossenschaft trifft die notwendigen Vorkehrungen, um ihre Wettbewerbsfähigkeit und dadurch ihr langfristiges Bestehen gemäss marktwirtschaftlichen, ökologischen und ethischen Grundsätzen nachhaltig zu sichern. Sie betreibt als Kerngeschäft den Einzelhandel sowie weitere Aktivitäten einschliesslich der vorgelagerten Stufen und erforderlichen Dienstleistungen. Sie kann sich in weiteren Geschäftsfeldern betätigen. Sie kann sich anderen Unternehmungen und Organisationen im In- und Ausland beteiligen, solche erwerben oder selber gründen sowie gemeinnützige Aktivitäten entfalten.

02.02.2001  06.02.2009  Förderung der wirtschaftlichen und sozialen Interessen der Mitglieder der Genossenschaft in gemeinsamer Selbsthilfe sowie der Konsumentinnen und Konsumenten. Coop trifft die notwendigen Vorkehrungen, um ihre Wettbewerbsfähigkeit und dadurch ihr langfristiges Bestehen gemäss marktwirtschaftlichen und ökologischen Grundsätzen nachhaltig zu sichern. Coop betreibt als Kerngeschäft den Einzelhandel sowie weitere Aktivitäten einschliesslich der vorgelagerten Stufen und erforderlichen Dienstleistungen. Die Genossenschaft kann sich an anderen Unternehmungen und Organisationen beteiligen, solche erwerben oder selber gründen sowie gemeinnützige Aktivitäten entfalten.

 

Entry          Deleted      Remarks (original Language)

active                           Board of directors: Höchstens 19 Mitglieder.

19.04.2011                    Merger: Übernahme der Aktiven und Passiven der Waro AG, in Basel (CH-020.3.928.077-7), gemäss Fusionsvertrag vom 24.01.2011 und Bilanz per 31.12.2010. Aktiven von CHF 75'597'444.65 und Passiven (Fremdkapital) von CHF 61'631'444.65 gehen auf die übernehmende Gesellschaft über, welche sämtliche Aktien der übertragenden Gesellschaft hält.

28.04.2010                    Merger: Übernahme der Aktiven und Passiven der TT Immobilien AG, in Oberentfelden (CH-400.3.908.161-7), gemäss Fusionsvertrag vom 25.01.2010 und Bilanz per 31.12.2009. Aktiven von CHF 22'731'573.45 und Passiven (Fremdkapital) von CHF 231'573.45 gehen auf die übernehmende Gesellschaft über, welche sämtliche Aktien der übertragenden Gesellschaft hält.

28.04.2010                    Merger: Übernahme der Aktiven und Passiven der PG Immobilien AG, in Basel (CH-550.0.140.040-9), gemäss Fusionsvertrag vom 25.01.2010 und Bilanz per 31.12.2009. Aktiven von CHF 4'944'166.35 und Passiven (Fremdkapital) von CHF 257'166.35 gehen auf die übernehmende Gesellschaft über, welche sämtliche Aktien der übertragenden Gesellschaft hält.

28.04.2010                    Merger: Übernahme der Aktiven und Passiven der Hobby AG, in Heimberg (CH-092.3.006.316-0), gemäss Fusionsvertrag vom 25.01.2010 und Bilanz per 31.12.2009. Aktiven von CHF 16'331'760.30 und Passiven (Fremdkapital) von CHF 6'284'763.23 gehen auf die übernehmende Gesellschaft über, welche sämtliche Aktien der übertragenden Gesellschaft hält.

28.04.2010                    Merger: Übernahme der Aktiven und Passiven der CAG Verwaltungs AG, in Basel (CH-270.3.000.550-2), gemäss Fusionsvertrag vom 25.01.2010 und Bilanz per 31.12.2009. Aktiven von CHF 5'602'534.34 und Passiven (Fremdkapital) von CHF 329'534.34 gehen auf die übernehmende Gesellschaft über, welche sämtliche Aktien der übertragenden Gesellschaft hält.

28.04.2010                    Merger: Übernahme der Aktiven und Passiven der Parking Pré Bournoud S.A., in Prilly (CH-550.0.100.361-1), gemäss Fusionsvertrag vom 25.01.2010 und Bilanz per 31.12.2009. Aktiven von CHF 18'144'377.34 und Passiven (Fremdkapital) von CHF 12'335'603.15 gehen auf die übernehmende Gesellschaft über, welche sämtliche Aktien der übertragenden Gesellschaft hält.

06.02.2009                    Reports: Die Mitteilungen an die Genossenschafter erfolgen in der Coop-Presse.

18.06.2007                    Merger: Übernahme der Aktiven und Passiven der Epa AG, in Zürich (CH-020.3.907.986-3), gemäss Fusionsvertrag vom 13.02.2007 und Bilanz per 31.12.2006. Aktiven von CHF 65'353'244.07 und Passiven (Fremdkapital) von CHF 42'244.07 gehen auf die übernehmende Genossenschaft über, welche sämtliche Aktien der übertragenden Gesellschaft hält.

18.06.2007                    Merger: Übernahme der Aktiven und Passiven der AX4 AG, in Basel (CH-020.3.027.659-5), gemäss Fusionsvertrag vom 19.03.2007 und Bilanz per 31.12.2006. Aktiven von CHF 45'928'168.-- und Passiven (Fremdkapital) von CHF 24'845'673.-- gehen auf die übernehmende Genossenschaft über, welche sämtliche Aktien der übertragenden Gesellschaft hält.

30.06.2005                    Merger: Übernahme der Aktiven und Passiven der "Könizer Siedlungs-Aktiengesellschaft", in Köniz (CH-035.5.014.902-5), gemäss Fusionsvertrag vom 29.04.2005 und Bilanz per 31.12.2004. Aktiven von CHF 12'043'690.28 und Passiven (Fremdkapital) von CHF 9'273'690.28 gehen auf die übernehmende Genossenschaft über. Die übernehmende Genossenschaft hält sämtliche Aktien der übertragenden Gesellschaft.

30.06.2005                    Merger: Übernahme der Aktiven und Passiven der "Baugenossenschaft Buchiacker, Bützberg", in Thunstetten (CH-053.5.000.725-3), gemäss Fusionsvertrag vom 29.04.2005 und Bilanz per 31.12.2004. Aktiven von CHF 3'438'709.27 und Passiven (Fremdkapital) von CHF 398'709.27 gehen auf die übernehmende Genossenschaft über. Die übernehmende Genossenschaft ist die einzige Genossenschafterin der übertragenden Genossenschaft.

02.02.2001                    Liability/Obligations: Ohne persönliche Haftung und ohne Nachschusspflicht. 

02.02.2001                    Merger: Die Genossenschaft übernimmt Aktiven von CHF101'406'300.-- und Passiven von CHF 59'013'800.-- der "Coop AA", in Basel, gemäss Fusionsvertrag vom 21.08 und 30.08.1999 sowie Fusionsbilanz per 31.12.2000. Aktiven und Passiven der "Coop AA" gehen durch Universalsukzession auf die Genossenschaft über.

02.02.2001                    Merger: Die Genossenschaft übernimmt Aktiven von CHF 704'944'700.-- und Passiven von CHF 556'800'000.-- der "Coop Basel Liestal Fricktal", in Basel, gemäss Fusionsvertrag vom 21.08 und 30.08.1999 sowie Fusionsbilanz per 31.12.2000. Aktiven und Passiven der "Coop Basel Liestal Fricktal" gehen durch Universalsukzession auf die Genossenschaft über.

02.02.2001                    Merger: Die Genossenschaft übernimmt Aktiven von CHF 225'223'000.-- und Passiven von CHF 155'070'837.-- der "Coop BE", in Basel, gemäss Fusionsvertrag vom 21.08 und 30.08.1999 sowie Fusionsbilanz per 31.12.2000. Aktiven und Passiven der "Coop BE" gehen durch Universalsukzession auf die Genossenschaft über.

02.02.2001                    Merger: Die Genossenschaft übernimmt Aktiven von CHF 162'555'500.-- und Passiven von CHF 157'055'500.-- der "Coop GE", in Basel, gemäss Fusionsvertrag vom 21.08 und 30.08.1999 sowie Fusionsbilanz per 31.12.2000. Aktiven und Passiven der "Coop GE" gehen durch Universalsukzession auf die Genossenschaft über.

02.02.2001                    Merger: Die Genossenschaft übernimmt Aktiven von CHF 122'100'000.-- und Passiven von CHF 111'312'679.-- der "Coop TI", in Basel, gemäss Fusionsvertrag vom 21.08 und 30.08.1999 sowie Fusionsbilanz per 31.12.2000. Aktiven und Passiven der "Coop TI" gehen durch Universalsukzession auf die Genossenschaft über.

02.02.2001                    Merger: Die Genossenschaft übernimmt Aktiven von CHF 66'426'365.-- und Passiven von CHF 66'334'966.-- der "Coop VS", in Basel, gemäss Fusionsvertrag vom 21.08 und 30.08.1999 sowie Fusionsbilanz per 31.12.2000. Aktiven und Passiven der "Coop VS" gehen durch Universalsukzession auf die Genossenschaft über.

02.02.2001                    Merger: Die Genossenschaft übernimmt Aktiven von CHF 141'637'250.-- und Passiven von CHF 100'237'250.-- der "Coop ZS", in Basel, gemäss Fusionsvertrag vom 21.08 und 30.08.1999 sowie Fusionsbilanz per 31.12.2000. Aktiven und Passiven der "Coop ZS" gehen durch Universalsukzession auf die Genossenschaft über.

02.02.2001                    Merger: Die Genossenschaft übernimmt Aktiven von CHF 317'368'000.-- und Passiven von CHF 285'436'000.-- der "Coop ZL", in Basel, gemäss Fusionsvertrag vom 21.08 und 30.08.1999 sowie Fusionsbilanz per 31.12.2000. Aktiven und Passiven der "Coop ZL" gehen durch Universalsukzession auf die Genossenschaft über.

02.02.2001                    Merger: Die Genossenschaft übernimmt Aktiven von CHF 2'399'791'243.-- und Passiven von CHF 2'195'873'971.-- der "Coop Schweiz", in Basel, gemäss Fusionsvertrag vom 21.08 und 30.08.1999 sowie Fusionsbilanz per 31.12.2000. Aktiven und Passiven der "Coop Schweiz" gehen durch Universalsukzession auf die Genossenschaft über.

02.02.2001                    Merger: Die Genossenschaft übernimmt Aktiven von CHF 82'293'628.-- und Passiven von CHF 56'793'628.-- der "Coop BEO", in Basel, gemäss Fusionsvertrag vom 21.08 und 30.08.1999 sowie Fusionsbilanz per 31.12.2000. Aktiven und Passiven der "Coop BEO" gehen durch Universalsukzession auf die Genossenschaft über.

02.02.2001                    Merger: Die Genossenschaft übernimmt Aktiven von CHF 67'444'432.-- und Passiven von CHF 63'044'432.-- der "Coop BFM", in Basel, gemäss Fusionsvertrag vom 21.08 und 30.08.1999 sowie Fusionsbilanz per 31.12.2000. Aktiven und Passiven der "Coop BFM" gehen durch Universalsukzession auf die Genossenschaft über.

02.02.2001                    Merger: Die Genossenschaft übernimmt Aktiven von CHF 251'568'000.-- und Passiven von CHF 205'514'000.-- der "Coop ML", in Basel, gemäss Fusionsvertrag vom 21.08 und 30.08.1999 sowie Fusionsbilanz per 31.12.2000. Aktiven und Passiven der "Coop ML" gehen durch Universalsukzession auf die Genossenschaft über.

02.02.2001                    Merger: Die Genossenschaft übernimmt Aktiven von CHF 63'390'676.-- und Passiven von CHF 35'539'960.-- der "Coop NE", in Basel, gemäss Fusionsvertrag vom 21.08 und 30.08.1999 sowie Fusionsbilanz per 31.12.2000. Aktiven und Passiven der "Coop NE" gehen durch Universalsukzession auf die Genossenschaft über.

02.02.2001                    Merger: Die Genossenschaft übernimmt Aktiven von CHF 372'251'969.-- und Passiven von CHF 235'233'330.-- der "Coop OS", in Basel, gemäss Fusionsvertrag vom 21.08 und 30.08.1999 sowie Fusionsbilanz per 31.12.2000. Aktiven und Passiven der "Coop OS" gehen durch Universalsukzession auf die Genossenschaft über.

03.01.2001                    Publishing authority: SHAB.

 

Entry          Deleted      Branches

                  19.11.2001  , Morges, VD, Switzerland/CH

 

 

Official Administration

 

Title                                           Name

President                                    Hansueli Loosli, Origin: Wyssachen, Switzerland, Residential address: Würenlos/AG, Switzerland, born: 1955, joint signature of two, Registered since: 02.02.2001

Vice-President                            Dr. Irene Kaufmann, Origin: Zürich, Switzerland, Residential address: 8000 Zürich/ZH, Switzerland, joint signature of two, Registered since: 02.02.2001

Director                                      Peter Eisenhut, Origin: Wald AR, Switzerland, Residential address: 9414 Schachen bei Reute/AR, Switzerland, without signature, Registered since: 26.05.2009

Director                                      Michela Ferrari-Testa, Origin: Capriasca, Switzerland, Residential address: Tesserete, Switzerland, without signature, Registered since: 11.01.2007

Director                                      Hans-Jürg Käser, Origin: Kleindietwil, Switzerland, Residential address: 4663 Aarburg/AG, Switzerland, without signature, Registered since: 26.05.2009

Director                                      Beth Krasna, Origin: Genève, Switzerland, United States of America, Residential address: Chêne-Bougeries, Switzerland, without signature, Registered since: 06.06.2005

Director                                      Roman Kuhn, Origin: Wohlen AG, Switzerland, Residential address: 5000 Aarau/AG, Switzerland, without signature, Registered since: 01.12.2010

Director                                      Lillia Rebsamen-Sala, Origin: Kirchberg SG, Switzerland, Residential address: 6043 Adligenswil/LU, Switzerland, without signature, Registered since: 26.05.2009

Director                                      Bernard Rüeger, Origin: Trüllikon, Switzerland, Residential address: 1173 Féchy/VD, Switzerland, without signature, Registered since: 26.05.2009

Director                                      Giusep Valaulta, Origin: Rueun, Switzerland, Residential address: 3063 Ittigen/BE, Switzerland, without signature, Registered since: 24.01.2002

 

 

Management

 

Title                                           Name

Chairman of the management       Joos-Rudolf Sutter, Origin: Versam, Switzerland, Residential address: Schüpfen, Switzerland, born: 1964, joint signature of two, Registered since: 04.01.2010

Member of the management         Jean-Marc Chapuis, Origin: Bonfol, Switzerland, Residential address: Le Landron, Switzerland, born: 1954, joint signature of two, Registered since: 02.02.2001

Member of the management         Reto Conrad, Origin: Davos, Switzerland, Residential address: Binningen, Switzerland, joint signature of two, Registered since: 24.05.2012

Member of the management         Leo Pius Ebneter, Origin: Häggenschwil, Switzerland, Residential address: 9308 Lömmenschwil/SG, Switzerland, born: 1954, joint signature of two, Registered since: 11.12.2006

Member of the management         Daniel Stucker, Origin: Bowil, Switzerland, Residential address: Maur, Switzerland, joint signature of two, Registered since: 15.08.2011

Deputy chairman of the management       Philipp Wyss, Origin: Büron, Switzerland, Residential address: 6214 Schenkon/LU, Switzerland, born: 1966, joint signature of two, Registered since: 11.06.2009

Company Secretary                     Dr. Alfred Jürg Hubler, Origin: Bätterkinden, Switzerland, Residential address: Basel/BS, Switzerland, joint signature of two, Registered since: 03.08.2007

Member with signing authority      Heinrich Beer, Origin: Trub, Switzerland, Residential address: Burgdorf/BE, Switzerland, joint signature of two, Registered since: 19.01.2009

Member with signing authority      Jürg Berger, Origin: Linden, Zürich, Switzerland, Residential address: 5600 Lenzburg/AG, Switzerland, joint signature of two, Registered since: 12.03.2009

Member with signing authority      Livio Bontognali, Origin: Poschiavo, Switzerland, Residential address: Gossau/SG, Switzerland, joint signature of two, Registered since: 29.03.2001

Member with signing authority      Ivo Dietsche, Origin: Oberriet-Kriessern, Switzerland, Residential address: Andwil, Switzerland, joint signature of two, Registered since: 26.06.2012

Member with signing authority      Stefano Donzelli, Origin: Bodio, Switzerland, Residential address: 1752 Villars-sur-Glâne/FR, Switzerland, joint signature of two, Registered since: 08.06.2006

Member with signing authority      Daniel Peter Hintermann, Origin: Beinwil am See, Bolligen, Switzerland, Residential address: 3033 Wohlen b. Bern/BE, Switzerland, joint signature of two, Registered since: 28.04.2011

Member with signing authority      Sébastien Jacquet, Origin: Bassecourt, Switzerland, Residential address: 2022 Bevaix/NE, Switzerland, joint signature of two, Registered since: 03.08.2009

Member with signing authority      Nicolas Kirsch, Origin: Isérables, Switzerland, Residential address: 1176 St-Livres/VD, Switzerland, joint signature of two, Registered since: 01.12.2010

Member with signing authority      Sissigno Murgia, Origin: Italy, Residential address: Bons en Chablais, France, joint signature of two, Registered since: 01.07.2010

Member with signing authority      Domenico Repetto, Origin: Muri bei Bern, Switzerland, Residential address: 3400 Burgdorf/BE, Switzerland, joint signature of two, Registered since: 11.12.2006

Member with signing authority      Peter Schmid, Origin: Rubigen, Switzerland, Residential address: Toffen, Switzerland, joint signature of two, Registered since: 29.03.2001

Member with signing authority      Philippe Etienne Joseph Sublet, Origin: Eschlikon, Switzerland, Residential address: Château-d''Oex, Switzerland, joint signature of two, Registered since: 19.01.2009

Member with signing authority      Fritz Andreas Ulmann, Origin: Trub, Switzerland, Residential address: Hochdorf, Switzerland, joint signature of two, Registered since: 19.01.2009

Member with signing authority      Roger Vogt, Origin: Wangen SZ, Switzerland, Residential address: Buchs /ZH, Switzerland, joint signature of two, Registered since: 15.08.2011

Member with signing authority      Daniel Woodtli, Origin: Wangen bei Olten, Switzerland, Residential address: 4613 Rickenbach/SO, Switzerland, joint signature of two, Registered since: 11.12.2006

Member with signing authority      Danilo Giorgio Zampieri, Origin: Lenzburg, Switzerland, Residential address: 5600 Lenzburg/AG, Switzerland, joint signature of two, Registered since: 11.12.2006

Member with signing authority      Beat Zaugg, Origin: Trub, Switzerland, Residential address: 3123 Belp/BE, Switzerland, joint signature of two, Registered since: 11.12.2006

Member with signing authority      Josef Zettel, Origin: Altbüron, Switzerland, Residential address: 6276 Hohenrain/LU, Switzerland, joint signature of two, Registered since: 11.12.2006

 

 

External Positions

 

Title                                           Name

Auditor                                       PricewaterhouseCoopers AG, Residential address: Basel, Switzerland, Registered since: 26.05.2009

 

 

Executive board

 

Title                                           Name

Chief Executive Officer                 Hansueli Loosli

Chief Business Segment Officer    Jean-Marc Chapuis

Chief Business Segment Officer    Joos-Rudolf Sutter

Chief Business Segment Officer    Philipp Wyss

Chief Logistics Officer                  Leo Pius Ebneter

 

 


Financial Data Coop Group

 

Consolidation:               consolidated

Industry:                       Trade/Industry

 

Fiscal year end:                                     31.12.2011        31.12.2010        31.12.2009        31.12.2008        31.12.2007

Number of months:                                       12                    12                    12                    12                    12

Currency:                                                mil. CHF           mil. CHF           mil. CHF           mil. CHF           mil. CHF

Statement norm:                                         ARR                 ARR                 ARR                 ARR                 ARR

 

 

Balance Sheet

Intangible fixed assets                                    1'633.0              1'101.0             1'517.0              1'279.0             1'017.0

Land and buildings                                         8'330.0              6'191.0             6'325.0              6'361.0             6'143.0

Other tangible fixed assets                             1'553.0              1'285.0             1'340.0              1'330.0             1'293.0

Tangible fixed assets                                     9'883.0              7'476.0             7'665.0              7'691.0             7'436.0

Financial fixed assets                                       261.0              1'170.0             1'271.0                584.0                384.0

Fixed assets                                               11'777.0              9'747.0            10'453.0              9'554.0             8'837.0

Stocks                                                          2'581.0              1'942.0             1'872.0              1'914.0             1'788.0

Trade accounts receivable                                 951.0                552.0                525.0                501.0                434.0

Liquid assets                                                   442.0              1'762.0                497.0                576.0                315.0

Securities                                                        130.0                110.0                 83.0                  84.0                 75.0

other trade accounts                                        282.0                217.0                235.0                133.0                137.0

Accruals                                                         329.0                294.0                309.0                219.0                224.0

Other current assets                                      1'183.0              2'383.0             1'124.0              1'012.0                751.0

Current assets                                               4'715.0              4'877.0             3'521.0              3'427.0             2'973.0

Total assets                                                16'492.0            14'624.0            13'974.0            12'981.0            11'810.0

 

Other shareholders funds                                6'436.0              6'080.0             5'773.0              5'385.0             5'021.0

Total shareholders equity                                6'436.0              6'080.0             5'773.0              5'385.0             5'021.0

Minority interests                                             350.0                331.0                326.0                290.0                304.0

long term debt (financial debts)                       3'551.0              3'681.0             3'128.0              1'966.0             2'089.0

Provisions                                                     1'022.0              1'078.0             1'107.0              1'078.0                948.0

Non current liabilities                                      4'573.0              4'759.0             4'235.0              3'044.0             3'037.0

short term debt (financial debts)                      1'529.0              1'005.0             1'294.0              2'006.0             1'445.0

Trade accounts payable                                 2'224.0              1'326.0             1'124.0              1'096.0                988.0

Provisions                                                       304.0                140.0                153.0                160.0                149.0

Accruals                                                         598.0                562.0                615.0                550.0                505.0

other accounts payable                                    478.0                421.0                454.0                450.0                361.0

other current liabilities                                    1'380.0              1'123.0             1'222.0              1'160.0             1'015.0

Current liabilities                                            5'133.0              3'454.0             3'640.0              4'262.0             3'448.0

Shareh. equity, min. interests + liabilities       16'492.0            14'624.0            13'974.0            12'981.0            11'810.0

 

Profit and loss account

Net sales                                                    26'640.0            18'965.0            18'717.0            18'271.0            15'812.0

Other operating revenue                                    975.0                788.0                697.0                684.0                656.0

Operating revenue                                        27'615.0            19'753.0            19'414.0            18'955.0            16'468.0

Cost of goods sold                                       18'941.0            12'480.0            12'286.0            12'217.0            10'514.0

Gross profit                                                   8'674.0              7'273.0             7'128.0              6'738.0             5'954.0

Other operating expenses                               7'963.0              6'563.0             6'514.0              6'079.0             5'310.0

Operating result                                               711.0                710.0                614.0                659.0                644.0

Interest revenues                                               17.0                  29.0                 40.0                  26.0                 22.0

other financial revenues                                    131.0                  52.0                228.0                117.0                113.0

Financial income                                              148.0                  81.0                268.0                143.0                135.0

Interest expenses                                            140.0                123.0                134.0                126.0                 92.0

other financial expenses                                     94.0                  15.0                197.0                138.0                 82.0

Financial expenses                                          234.0                138.0                331.0                264.0                174.0

Financial result                                                 -86.0                 -57.0                -63.0               -121.0                -39.0

Result before extraordinary items                      625.0                653.0                551.0                538.0                605.0

Extraordinary income                                           0.0                  40.0                 90.0                  73.0                 44.0

Extraordinary expenses                                       0.0                  16.0                 24.0                  39.0                180.0

Extraordinary Result                                            0.0                  24.0                 66.0                  34.0               -136.0

Result before taxes                                          625.0                677.0                617.0                572.0                469.0

Taxes                                                             122.0                144.0                134.0                131.0                 74.0

Result before minority interests                         503.0                533.0                483.0                441.0                395.0

minority interests                                               71.0                  63.0                 53.0                  51.0                 45.0

Result for the financial year                               432.0                470.0                430.0                390.0                350.0

 

Cash flow

Depreciation                                                    881.0                742.0             1'146.0                904.0                832.0

Cash flow                                                      1'384.0              1'275.0             1'621.0              1'336.0             1'227.0

Cash flow from operating activities                   1'761.0              1'709.0             1'626.0              1'515.0             1'155.0

Investments in tangible fixed assets                1'399.0                286.0                290.0                299.0                253.0

Cash flow from investing activities                   -3'116.0               -653.0            -2'055.0             -1'476.0            -1'351.0

Cash flow from financing activities                       40.0                211.0                350.0                250.0                231.0

Others                                                               -5.0                  -2.0                   0.0                 -29.0                   1.0

Change in liquidity                                        -1'320.0              1'265.0                -79.0                260.0                 36.0

Liquidity at beginning of the year                     1'762.0                497.0                576.0                316.0                280.0

Liquidity at end ot the year                                442.0              1'762.0                497.0                576.0                316.0

 

Notes

Material costs                                              18'941.0            12'480.0            12'286.0            12'217.0            10'596.0

Cost of employees                                         3'998.0              3'141.0             3'175.0              3'017.0             2'698.0

Added value                                                  5'644.0              4'683.0             5'065.0              4'611.0             4'091.0

Working Capital                                             1'308.0              1'168.0             1'273.0              1'319.0             1'228.0

Sales per Employee                                            0.4                   0.4                   0.4                   0.4                   0.4

Gross cost land and buildings                       13'344.0            10'422.0            10'297.0            10'064.0             9'546.0

Gross cost other tangible fixed assets             4'190.0              3'482.0             3'312.0              3'144.0             2'941.0

Gross cost total                                           17'534.0            13'904.0            13'609.0            13'208.0            12'487.0

Insurance value total                                     16'788.0            13'289.0            13'080.0            12'581.0            11'788.0

 

Employees  at year end                                  75'296               53'559              52'974               53'880              48'200

Full time units at year end                               64'507               43'925              44'154               41'550              38'230

Employees inland                                           75'296               53'559              52'974               53'880              48'200

Employees abroad                                                 0                      0                      0                      0                      0

 

Offices                                                             1'991                1'915                1'864                1'885                1'739

Offices inland                                                   1'991                1'915                1'864                1'885                1'739

Offices abroad                                                        0                      0                      0                      0                      0

 

 

Owner/-s

 

No. of Owner/-s:            2'895'062

Owner:                         The company is owned by various parties.

 

 

Investments

 

Class:                          100%

Name:                          CapCo AG

City/Country:                 Vaduz, Liechtenstein/LI

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          100%

Name:                          Coop Bildungszentrum, Centre de formation Coop, Centro di formazione Coop (Stiftung von Bernhard Jaeggi)

City/Country:                 Muttenz/BL, Switzerland/CH

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          100%

Name:                          Coop Immobilien AG

City/Country:                 Bern/BE, Switzerland/CH

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          100%

Name:                          Coop Switzerland Far East Limited

City/Country:                 Tsim Sha Tsui/Hong Kong, Hong Kong/HK

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          100%

Name:                          Dipl. Ing. Fust AG

City/Country:                 Oberbüren/SG, Switzerland/CH

Interest:                        100.00% voting right, 100.00% capital interest (since 2007)

 

Class:                          100%

Name:                          DISTRIBUTIS AG

City/Country:                 Dietlikon/ZH, Switzerland/CH

Interest:                        100.00% voting right, 100.00% capital interest (since 2008)

 

Class:                          100%

Name:                          Panflor AG

City/Country:                 Zürich/ZH, Switzerland/CH

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          100%

Name:                          railCare AG

City/Country:                 Härkingen/SO, Switzerland/CH

Interest:                        100.00% voting right, 100.00% capital interest (since 01.09.2010)

 

Class:                          100%

Name:                          Société coopérative Centre de Formation "du Léman", Jongny

City/Country:                 Jongny/VD, Switzerland/CH

Interest:                        100.00% voting right, 100.00% capital interest

 

Class:                          100%

Name:                          Swisscare GmbH

City/Country:                 Konstanz, Germany/DE

Interest:                        100.00% voting right, 100.00% capital interest (since 2007)

 

Class:                          100%

Name:                          The Body Shop Switzerland AG

City/Country:                 Uster/ZH, Switzerland/CH

Interest:                        100.00% voting right, 100.00% capital interest (since 01.06.2010)

 

Class:                          100%

Name:                          transCoop GmbH

City/Country:                 Köln/Nordrhein-Westfalen, Germany/DE

Interest:                        100.00% voting right, 100.00% capital interest (since 08.01.2009)

 

Class:                          100%

Name:                          Transgourmet Deutschland AG

City/Country:                 Basel/BS, Switzerland/CH

Interest:                        100.00% voting right, 100.00% capital interest (since 19.10.2010)

 

Class:                          100%

Name:                          Transgourmet Holding AG

City/Country:                 Basel/BS, Switzerland/CH

Interest:                        100.00% voting right, 100.00% capital interest (since 15.10.2010)

 

Class:                          50-99%

Name:                          Pearlwater Mineralquellen AG

City/Country:                 Termen/VS, Switzerland/CH

Interest:                        98.50% voting right, 98.50% capital interest (since 01.01.2011)

 

Class:                          50-99%

Name:                          Tropenhaus Frutigen AG

City/Country:                 Frutigen/BE, Switzerland/CH

Interest:                        69.16% voting right, 69.16% capital interest (since 2007)

 

Class:                          50-99%

Name:                          Bell AG

City/Country:                 Basel/BS, Switzerland/CH

Interest:                        66.29% voting right, 66.29% capital interest

 

Class:                          50-99%

Name:                          Baugesellschaft Rosengarten Solothurn AG

City/Country:                 Solothurn/SO, Switzerland/CH

Interest:                        62.00% voting right, 62.00% capital interest

 

Class:                          50-99%

Name:                          Coop Mineraloel AG

City/Country:                 Allschwil/BL, Switzerland/CH

Interest:                        51.00% voting right, 51.00% capital interest

 

Class:                          50-99%

Name:                          Coop Vitality AG

City/Country:                 Bern/BE, Switzerland/CH

Interest:                        51.00% voting right, 51.00% capital interest (since 2000)

 

Class:                          50%

Name:                          Betty Bossi AG

City/Country:                 Zürich/ZH, Switzerland/CH

Interest:                        50.00% voting right, 50.00% capital interest (since 2001)

 

Class:                          50%

Name:                          COOP-ITS-TRAVEL AG

City/Country:                 Wilen SZ/SZ, Switzerland/CH

Interest:                        50.00% voting right, 50.00% capital interest (since 2006)

 

Class:                          50%

Name:                          Eurogroup SA

City/Country:                 Bruxelles, Belgium/BE

Interest:                        50.00% voting right, 50.00% capital interest

 

Class:                          50%

Name:                          transGourmet Holding GmbH

City/Country:                 Köln/Nordrhein-Westfalen, Germany/DE

Interest:                        50.00% voting right, 50.00% capital interest (since 20.11.2008)

 

Class:                          40-49%

Name:                          EUROGROUP FAR EAST LIMITED

City/Country:                 Tsim Sha Tsui/Kowloon , Hong Kong/HK

Interest:                        41.66% voting right, 41.66% capital interest (since 2003)

 

Class:                          40-49%

Name:                          Tropenhaus Wolhusen AG

City/Country:                 Wolhusen/LU, Switzerland/CH

Interest:                        40.66% voting right, 40.66% capital interest (since 2007)

 

Class:                          40-49%

Name:                          HiCoPain AG

City/Country:                 Dagmersellen/LU, Switzerland/CH

Interest:                        40.00% voting right, 40.00% capital interest (since 2002)

 

Class:                          20-29%

Name:                          EUROBUY GmbH

City/Country:                 Köln/Nordrhein-Westfalen , Germany/DE

Interest:                        25.00% voting right, 25.00% capital interest (since 2003)

 

Class:                          20-29%

Name:                          Coopernic Scrl

City/Country:                 Bruxelles, Belgium/BE

Interest:                        20.00% voting right, 20.00% capital interest (since 2006)

 

Class:                          20-29%

Name:                          Palink UAB

City/Country:                 Vilnius, Lithuania/LT

Interest:                        20.00% voting right, 20.00% capital interest (since 2008)

 

Class:                          10-19%

Name:                          Bank Coop AG

City/Country:                 Basel/BS, Switzerland/CH

No. of shares:               1'751'850

Interest:                        10.38% voting right, 10.38% capital interest

 

Class:                          0-9%

Name:                          Proviande Genossenschaft

City/Country:                 Bern/BE, Switzerland/CH

Interest:                        4.55% voting right, 4.55% capital interest

 

 

Legal Actions

 

An updated legal action check is only available against proof of interest. e.g. a copy of an enquiry letter, and order or invoice relating to the subject company.

 

 

Credit Information

 

Financial Situation:        The financial situation is very good.

 

Payment experiences:   Payment habits are considered good.

 

Business development:  The business trend is considered constant.


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.70

UK Pound

1

Rs.89.34

Euro

1

Rs.72.35

 

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%)

 

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.