MIRA INFORM REPORT

 

 

Report Date :

18.10.2012

 

IDENTIFICATION DETAILS

 

Name :

VOLGA DIESEL NAMED MAMINS PUBLIC JOINT STOCK COMPANY

 

 

 

 

Registered Office :

Kommunisticheskaya str., 124, Balakovo, Saratov Region, 413850

 

 

Country :

Russian Federation

 

 

Financials (as on) :

01.01.2012

 

 

Date of Incorporation :

27.11.2002

 

 

Com. Reg. No.:

1026401407240

 

 

Legal Form :

OAO (Public Joint Stock Company by Russian Law)

 

 

Line of Business :

Manufacture and sales of diesel engines.

 

 

No. of Employees :

600 Approximately

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

Payment Behaviour :

No Complaints

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – June 30th, 2012

 

Country Name

Previous Rating

(31.03.2011)

Current Rating

(30.06.2012)

Russia

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

RUSSIA - ECONOMIC OVERVIEW

 

Russia has undergone significant changes since the collapse of the Soviet Union, moving from a globally-isolated, centrally-planned economy to a more market-based and globally-integrated economy. Economic reforms in the 1990s privatized most industry, with notable exceptions in the energy and defense-related sectors. The protection of property rights is still weak and the private sector remains subject to heavy state interference. Russian industry is primarily split between globally-competitive commodity producers. In 2011, Russia became the world's leading oil producer, surpassing Saudi Arabia; Russia is the second-largest producer of natural gas; Russia holds the world's largest natural gas reserves, the second-largest coal reserves, and the eighth-largest crude oil reserves. Russia is the third-largest exporter of both steel and primary aluminum. Other less competitive heavy industries remain dependent on the Russian domestic market. Russia's reliance on commodity exports makes it vulnerable to boom and bust cycles that follow the highly volatile swings in global commodity prices. The government since 2007 has embarked on an ambitious program to reduce this dependency and build up the country's high technology sectors, but with few results so far. The economy had averaged 7% growth in the decade following the 1998 Russian financial crisis, resulting in a doubling of real disposable incomes and the emergence of a middle class. The Russian economy, however, was one of the hardest hit by the 2008-09 global economic crisis as oil prices plummeted and the foreign credits that Russian banks and firms relied on dried up. According to the World Bank the government's anti-crisis package in 2008-09 amounted to roughly 6.7% of GDP. The Central Bank of Russia spent one-third of its $600 billion international reserves, the world's third largest, in late 2008 to slow the devaluation of the ruble. The government also devoted $200 billion in a rescue plan to increase liquidity in the banking sector and aid Russian firms unable to roll over large foreign debts coming due. The economic decline bottomed out in mid-2009 and the economy began to grow in the third quarter of 2009. However, a severe drought and fires in central Russia reduced agricultural output, prompting a ban on grain exports for part of the year, and slowed growth in other sectors such as manufacturing and retail trade. High oil prices buoyed Russian growth in 2011 and helped Russia reduce the budget deficit inherited from the lean years of 2008-09. Russia has reduced unemployment since 2009 and has made progress on reducing inflation since 2010. Russia's long-term challenges include a shrinking workforce, a high level of corruption, difficulty in accessing capital for smaller, non-energy companies, and poor infrastructure in need of large investments.

Source : CIA

 

 

 

Comments

 

 

Information

According to the data of the State Register of Legal Entities of Russian Federation the company VOLGO DIESEL MAMINS OJSC hasn't been registered.

The address and the telephone numbers mentioned in your inquiry belong to the company Otkrytoe aktsyonernoe obschestvo "VOLZHSKIY DIZEL' IMENI MAMINYKH" (name in English: "VOLGA DIESEL NAMED MAMINS" PUBLIC JOINT STOCK COMPANY). We provide the report on this company.

In your inquiry the name VOLGO DIESEL MAMINS OJSC is mentioned with error. The correct name of the company is mentioned in our report.

 

 

 

Summary

 

 

Original Name

Otkrytoe aktsyonernoe obschestvo "VOLZHSKIY DIZEL' IMENI MAMINYKH"

Legal Form

OAO (Public Joint Stock Company by Russian Law)

Year of Foundation

2002

Sales

1 776 399 th RUR for 12 months, ended 01.01.2012

Employees

600 (approx.) on October, 17, 2012 (company's data)

 

 

 

 

Company Identification Details

 

 

Original Name

Otkrytoe aktsyonernoe obschestvo "VOLZHSKIY DIZEL' IMENI MAMINYKH"

Short Name

OAO "VOLZHSKIY DIZEL' IMENI MAMINYKH"

Name in English

"VOLGA DIESEL NAMED MAMINS" PUBLIC JOINT STOCK COMPANY

Address

Kommunisticheskaya str., 124, Balakovo, Saratov Region, 413850, Russian Federation

Legal Address

Kommunisticheskaya str., 124, Balakovo, Saratov Region, 413850, Russian Federation

Phone

+7 (8453) 464508, 358414, 358465, 353669

Fax

+7 (8453) 464398, 464271, 358497

E-mail

info@vdm-plant.ru

WEB Address

www.vdm-plant.ru

 

 

 

Official Company Data

 

 

Legal Form

OAO (Public Joint Stock Company by Russian Law)

Date of Registration

27.11.2002

Registration Number

1026401407240

Statistic Code (OKPO)

12265181

Taxpayer Code (INN)

6439051997

Registration Authority

Ministry for Taxes and Duties of Russian Federation

 

 

Public Record Information

 

 

Information

The company Otkrytoe aktsyonernoe obschestvo "VOLZHSKIY DIZEL' IMENI MAMINYKH" was not included in the published list of bankrupt companies.

 

 

 

Share Capital

 

 

Current Share Capital

30 000 000 RUR

 

 

 

Shareholders

 

 

Total

1 legal person

 

 

Shareholder

ZAO "VOLZHSKIY DIZEL' IMENI MAMINYKH"

Address

Kommunisticheskaya str., 124, Balakovo, Saratov Region, 413850, Russian Federation

Registration Number

1026401407251

Taxpayer Code (INN)

6439038107

Share

100 %

 

 

Comments

The information on the shareholders of the company is presented on 01.07.2012.

 

 

 

Directors

 

 

Director

Mr Tserkovnyuk Vadim Nikolaevich

 

Signature Right

Nationality

Russian Federation

Taxpayer Code (INN)

645909046238

 

 

 

Re-Registration Data

 

 

Initial Registration

28.06.2002

Registration Number

001400

Registration Authority

Public institution "Registration center of Saratov Region"

 

 

Date of Registration

27.11.2002

 

(Entering into the Single State Register of Legal Entities)

Registration Number

1026401407240

Registration Authority

Ministry for Taxes and Duties of Russian Federation

 

 

Date of Re-registration

18.06.2003

File Number

2036403908825

Registration Authority

Ministry for Taxes and Duties of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

16.09.2003

File Number

2036403911410

Registration Authority

Ministry for Taxes and Duties of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

09.12.2004

File Number

2046403912410

Registration Authority

Ministry for Taxes and Duties of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

03.06.2005

File Number

2056403931626

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

30.09.2008

File Number

2086439043910

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

03.06.2011

File Number

2126439005560

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

14.02.2012

File Number

2126439005560

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

 

Operations

 

 

Activities

Manufacture and sales of diesel engines.

 

 

Staff Employed

600 (approx.) on October, 17, 2012 (company's data)

Employees' History

607 on January, 01, 2012 (official data)
518 on January, 01, 2011 (official data)
630 on January, 01, 2010 (official data)

 

 

 

Real Estate

 

 

Own

Office, warehouse, industrial area
Address: Kommunisticheskaya str., 124, Balakovo, Saratov Region, 413850, Russian Federation
(company's data)

 

 

Rent

none

 

 

 

Export & Import

 

 

Export Countries

2011: Ukraine
2009-2010: Kazakhstan, Ukraine
2008: Ukraine, Kazakhstan, Egypt, Moldova

Exported Goods

metal products, diesel engines, spare parts

Export Value

in 2011: 402 945 USD
in 2010: 266 963 USD
in 2009: 227 434 USD
in 2008: 2 736 358 USD

 

 

Import Countries

2011: Germany, France, China, USA, Poland, Ukraine, Lithuania, Czechia, Turkey, Netherlands, Korea
2010: Germany, Poland, France, China, Netherlands, USA, Belarus, Ukraine
2009: France, Ukraine, Czechia, Germany, USA, Kazakhstan
2008: Ukraine, Poland, France, Lithuania, Germany, USA

Imported Goods

spare parts, tools, equipment

Import Value

in 2011: 4 054 949 USD
in 2010: 3 020 231 USD
in 2009: 974 547 USD
in 2008: 1 512 454 USD

 

 

 

Branches

 

 

Branch

None

 

 

 

Participation

 

 

Information

The company OAO "VOLZHSKIY DIZEL' IMENI MAMINYKH" is also a shareholder of company:

ZAO "VOLGODIZEL'MASH-URAL"
Address: Stachek str., 19A, office 79, Ekaterinburg, Sverdlovsk Region, 620017, Russian Federation
Registration Number: 1046604801209
Taxpayer Code (INN): 6673115253

 

 

 

 

 

 

Related Companies

 

 

Information

The company ZAO "VOLZHSKIY DIZEL' IMENI MAMINYKH" is also a shareholder of companies:

OOO "STELLIT"
Registration number: 1057813155421

ZAO "VOLZHSKIY LITEYNIY ZAVOD"
Registration number: 1036403908815

Mr Tserkovnyuk Vadim Nikolaevich isn't a shareholder or a director of any other companies in Russian Federation.

 

 

 

Bankers

 

 

Bank

ZAO AB "GAZPROMBANK", Saratov branch, bank code: 046322763 (Russian Federation)

Account(s)

40702810300000000678 (RUR)

 

 

Bank

ZAO AKB "EKSPRESS-VOLGA", Balakovo branch, bank code: 046359822 (Russian Federation)

Account(s)

40702810903000002963 (RUR)

 

 

Bank

OAO BANK "TAVRICHESKIY", bank code: 044030877 (Russian Federation)

Account(s)

40702810300000003620 (RUR)

 

 

 

Financial Data

 

 

Profit and Loss (extract)

 

The following figures are shown in units of 1000

 

 

 

Period, months

12

12

12

12

Ended

01.01.2012

01.01.2011

01.01.2010

01.01.2009

Currency

RUR

RUR

RUR

RUR

SALES

1776399

894762

1068158

1280585

Cost of Goods sold

1560684

777394

950397

1160788

GROSS PROFIT

215715

117368

117761

119797

Distribution Costs

25795

12901

13284

30021

Management Costs

50253

41921

34250

35658

OPERATING PROFIT

139667

62546

70227

54118

Non Trading Income

-75892

-52933

-57314

-27327

PRE TAX PROFIT

63775

9613

12913

26791

Taxation

14499

1527

3604

8839

PROFIT AFTER TAX

52613

6740

7712

18755

 

Balance Sheet (extract)

 

The following figures are shown in units of 1000

 

As at

01.01.2012

01.01.2011

01.01.2010

01.01.2009

Currency

RUR

RUR

RUR

RUR

TOTAL FIXED ASSETS

63123

42753

39658

40915

 Intangible Assets

11

13

15

17

 Fixed Assets

38013

32769

33514

34879

TOTAL CURRENT ASSETS

1847312

836637

596356

678741

 Stock

945642

456215

273217

323018

 Trade debtors

721390

360990

318359

337949

 Cash

172346

15317

1471

11

TOTAL ASSETS

1910435

879390

636014

719656

 

 

 

 

 

TOTAL EQUITY

147805

95192

88542

81131

 Share Capital

30000

30000

30000

30000

 Retained Profits

116305

63692

57042

49631

TOTAL LONG TERM LIABS

102411

31992

2703

1106

 Long Term Loans

101377

27943

 

 

TOTAL CURRENT LIABS

1660219

752206

544769

637419

 Short Term Loans

556338

378267

345676

256177

 Short Term Trade Creditors

1096902

373939

199093

381242

TOTAL EQUITY & LIABS

1910435

879390

636014

719656

 

 

Key Credit Ratios

 

 

The following figures are shown as Ratios or Percentages

 

Accounts Date

01.01.2012

01.01.2011

01.01.2010

01.01.2009

Current Ratio

1,11

1,11

1,09

1,06

Working Capital, x1000 RUR

187093

84431

51587

41322

Quick Ratio

0,54

0,51

0,59

0,56

Debt to Equity Ratio

11,93

8,24

6,18

7,87

Current Assets Turnover

0,96

1,07

1,79

1,89

Total Assets Turnover Ratio

0,93

1,02

1,68

1,78

Pre Tax Profit Margin, %

3,59

1,07

1,21

2,09

Gross Profit, %

12,14

13,12

11,02

9,35

Return on Investment, %

43,15

10,1

14,58

33,02

Return on Assets, %

3,34

1,09

2,03

3,72

 

 

 

Clients & Suppliers

 

 

Clients

OOO "VOLZHSKIY DIZEL'" (Ukraine)

PAO "ARSELORMITTAL KRIVOY ROG" (Ukraine)

AO "SOKOLOVSKO-SARBAYSKOE GPO" (Kazakhstan)

SZAO "MOLDAVSKIY METALLURGICHESKIY ZAVOD" (Moldova)

AO "KOSTANAYSKIE MINERALY" (Kazakhstan)

TOO "KAZFOSFAT" (Kazakhstan)

EGYPTIAN METALLURGICAL COMPANY (Egypt)

OOO "DIZEL'TREYD" (Russian Federation)

OOO "MONOLIT" (Russian Federation)

OOO "DIZEL'MASHKHOLDING" (Russian Federation)

ZAO SK "BASHVOLGOTANKER" (Russian Federation)

OAO "KOSOGORSKIY METALLURGICHESKIY ZAVOD" (Russian Federation)

OAO "VYKSUNSKIY METALLURGICHESKIY ZAVOD" (Russian Federation)

OAO "SEMILUKSKIY OGNEUPORNYY ZAVOD" (Russian Federation)

OAO "BALAKOVOREZINOTEKHNIKA" (Russian Federation)

OAO "PODOL'SKOE PPZHT" (Russian Federation)

OAO "ZLATOUSTOVSKIY METALLURGICHESKIY ZAVOD" (Russian Federation)

OOO "SORSKIY GORNOOBOGATITEL'NYY KOMBINAT" (Russian Federation)

 

 

Suppliers

M.JUERGENSEN GMBH (Germany)

MOTEURS LEROY SOMER ANGOULEME (France)

FRITZ HEINZMANN GMBH & CO. KG (Germany)

GEA NEMA WARMETAUSCHER GMBH (Germany)

OOO "MUL'TI-VING UKRAINA" (Ukraine)

ALTRONIC LLC (USA)

S&S OST-WEST-HANDELSGES MBH (Germany)

MTU FRIEDRICHSHAFEN GMBH (Germany)

PANOTO RADYATOR MAKINE SAN.VE TIC. A.S. (Turkey)

OOO "DIZEL'TREYD" (Russian Federation)

OOO "MONOLIT" (Russian Federation)

OOO "MEGA-INVEST" (Russian Federation)

OOO "SFERO-PLAST" (Russian Federation)

OAO "METALLURGICHESKIY ZAVOD ELEKTROSTAL'" (Russian Federation)

OOO "PAKO XXI" (Russian Federation)

OOO "TORGOVYY DOM MECHEL" (Russian Federation)

OAO "IZHSTAL'" (Russian Federation)

ZAO "ALLMET" (Russian Federation)

OOO "INTELSERVIS" (Russian Federation)

OOO "ELLISKOM" (Russian Federation)

OOO "MEDITEARANEN" (Russian Federation)

*** The names of foreign partners may be pointed incorrectly as in official documents (declarations) they’re written in Russian. We present our apologies for possible mistakes in transliteration.

 

 

 

Actions at law

 

 

The information of Arbitration court of Moscow about judicial claims is presented

 

 

 

Date of registration

10.10.2012

Registration number

A57-20546/2012

Plaintiff

OAO "NIZHEGORODSKAYA INZHINIRINGOVAYA KOMPANIYA "ATOMENERGOPROEKT"

Defendant

OAO "VOLZHSKIY DIZEL' IMENI MAMINYKH"

Claim sum

-

Claim category

Default of obligations under the contract

 

Date of registration

21.08.2012

Registration number

A40-113416/2012

Plaintiff

OAO "KONTSERN ROSENERGOATOM"

Defendant

OAO "VOLZHSKIY DIZEL' IMENI MAMINYKH"

Claim sum

2 028 105 RUR

Claim category

Default of obligations under the contract

 

Date of registration

13.08.2012

Registration number

A40-109997/2012

Plaintiff

OAO "KONTSERN ROSENERGOATOM"

Defendant

OAO "VOLZHSKIY DIZEL' IMENI MAMINYKH"

Claim sum

2 474 666 RUR

Claim category

Default of obligations under the contract

 

Date of registration

08.08.2012

Registration number

A40-108313/2012

Plaintiff

OAO "KONTSERN ROSENERGOATOM"

Defendant

OAO "VOLZHSKIY DIZEL' IMENI MAMINYKH"

Claim sum

489 456 RUR

Claim category

Default of obligations under the contract

 

Date of registration

03.08.2012

Registration number

A57-16674/2012

Plaintiff

OAO "KONTSERN ROSENERGOATOM"

Defendant

OAO "VOLZHSKIY DIZEL' IMENI MAMINYKH"

Claim sum

3 094 835 RUR

Claim category

Default of obligations under the contract

 

 

 

Original Financial Data

(Russian Accounting Report in English)

 

 

Balance Sheet

 

The following figures are shown in units of 1000

 

 
ASSETS

Line code

as at
01.01.2010

as at
01.01.2011

as at
01.01.2012

 

 

 

 

 

I. NON-CURRENT ASSETS

 

 

 

 

Intangible assets

110

15

13

11

Fixed assets

120

33514

32769

38013

Construction in progress

130

5869

9721

-

Income-bearing investments in tangible assets

135

-

-

-

Long-term financial investments

140

260

250

353

Deferred tax assets

145

-

-

-

Other non-current assets

150

-

-

-

Total section I

190

39658

42753

63123

II. CURRENT ASSETS

 

 

 

 

Inventories

210

273217

456215

945642

including :

 

 

 

 

 raw materials and other inventories

211

170102

232959

-

 livestock

212

-

-

-

 work in progress

213

50963

68767

-

 finished goods and goods for resale

214

51531

153511

-

 goods dispatched

215

-

-

-

 expenses related to future periods

216

621

978

-

 other supplies and expenditures

217

-

-

-

Value added tax on purchased goods

220

3309

4115

7934

Accounts receivable (payments expected beyond 12 months after the reporting date)

230

-

-

-

including :

 

 

 

 

 buyers and customers

231

-

-

-

Accounts receivable (payments expected within 12 months after the reporting date)

240

318359

360990

721390

including :

 

 

 

 

 buyers and customers

241

113290

163268

-

Short-term investments

250

-

-

-

Monetary assets

260

1471

15317

172346

Other current assets

270

-

-

-

Total section II

290

596356

836637

1847312

TOTAL SECTIONS I and II

300

636014

879390

1910435


 


 


 


 


 

EQUITY AND LIABILITIES

 

 

 

 

 

 

 

 

 

III. EQUITY AND RESERVES

 

 

 

 

Share capital

410

30000

30000

30000

Treasury shares

411

-

-

-

Additional capital

420

-

-

-

Legal reserve

430

1500

1500

1500

including :

 

 

 

 

 reserves and provisions formed in
 accordance with legislation

431

1500

1500

-

 reserves formed in accordance
 with foundation documents

432

-

-

-

Retained earnings (loss)

470

57042

63692

116305

Total section III

490

88542

95192

147805

IV. NON-CURRENT LIABILITIES

 

 

 

 

Borrowings

510

-

27943

101377

Deferred tax liabilities

515

2703

4049

1034

Other non-current liabilities

520

-

-

-

Total section IV

590

2703

31992

102411

V. CURRENT LIABILITIES

 

 

 

 

Borrowings

610

345676

378267

556338

Accounts payable

620

199093

373939

1096902

including :

 

 

 

 

 suppliers and contractors

621

123986

194931

-

 salaries payable

622

5244

5313

-

 payable to state non-budget funds

623

1043

1972

-

 taxes payable

624

1058

3683

-

 other creditors

625

67762

168040

-

Dividends payable to participants (shareholders)

630

-

-

-

Income of future periods

640

-

-

-

Reserves for future expenses
and payments

650

-

-

-

Other current liabilities

660

-

-

-

Total section V

690

544769

752206

1660219

TOTAL SECTIONS III,IV,V

700

636014

879390

1910435

 

PROFIT AND LOSS ACCOUNT

 

The following figures are shown in units of 1000

 

 
PARAMETER

Line code

 
01.01.2012

 
01.01.2011

 
01.01.2010

 

 

 

 

 

INCOME FROM AND EXPENSES ON ORDINARY ACTIVITIES

 

 

 

 

Sale of goods, products, work, services (less VAT, excise tax, other similar mandatory payments)

010

1776399

894762

1068158

Cost of goods, products, work, services sold

020

1560684

777394

950397

Gross profit

029

215715

117368

117761

Selling expenses

030

25795

12901

13284

Administrative expenses

040

50253

41921

34250

Profit (loss) from operations

050

139667

62546

70227

OTHER INCOME AND EXPENSES

 

 

 

 

Interest income

060

-

-

-

Interest expenses

070

60697

46869

48785

Income from investments in other companies

080

-

-

-

Other operating income

090

481318

270276

455278

Other operating expenses

100

496513

276340

463807

Non-operating income

120

-

-

-

Non-operating expenses

130

-

-

-

Profit (loss) before profit tax

140

63775

9613

12913

Deferred tax assets

141

3337

-

-

Deferred tax liabilities

142

-

1346

1597

Current profit tax

150

14499

1527

3604

Net profit (loss) for the reporting period

190

52613

6740

7712

 

 

Additional information about shareholders (legal persons)

 

 

 

Below is presented the extended information about the shareholders (legal persons) of subject company.

 

 

 

Name

ZAO "VOLZHSKIY DIZEL' IMENI MAMINYKH"

Legal address

Kommunisticheskaya str., 124, Balakovo, Saratov Region, 413850, Russian Federation

Taxpayer code (INN)

6439038107

Registration Number

1026401407251

Share

100 %

 

 

 

Profit and Loss (extract)

 

The following figures are shown in units of 1000

 

 

 

Period, months

12

12

12

12

Ended

01.01.2012

01.01.2011

01.01.2010

01.01.2009

Currency

RUR

RUR

RUR

RUR

SALES

510427

237731

436266

347912

Cost of Goods sold

485875

215010

415205

307356

GROSS PROFIT

24552

22721

21061

40556

Distribution Costs

2582

1799

1265

7541

Management Costs

15166

9837

11071

15819

OPERATING PROFIT

6804

11085

8725

17196

Non Trading Income

-5625

-9069

-5433

-5616

PRE TAX PROFIT

1179

2016

3292

11580

Taxation

 

745

1664

3833

PROFIT AFTER TAX

620

1192

1777

7808

 

Balance Sheet (extract)

 

The following figures are shown in units of 1000

 

As at

01.01.2012

01.01.2011

01.01.2010

01.01.2009

Currency

RUR

RUR

RUR

RUR

TOTAL FIXED ASSETS

327604

121583

241551

238912

 Intangible Assets

3

4

4

5

 Fixed Assets

33950

7474

7967

10247

TOTAL CURRENT ASSETS

143770

234803

244318

69655

 Stock

43789

20924

28178

24307

 Trade debtors

92301

207799

210419

44166

 Cash

3242

2395

3628

90

TOTAL ASSETS

471374

356386

485869

308567

 

 

 

 

 

TOTAL EQUITY

109053

108433

107241

105464

 Share Capital

100000

100000

100000

100000

 Retained Profits

9053

8433

7241

5464

TOTAL LONG TERM LIABS

201122

89

16017

40176

 Long Term Loans

200334

 

16000

40000

TOTAL CURRENT LIABS

161199

247864

362611

162927

 Short Term Loans

 

60000

 

 

 Short Term Trade Creditors

158253

187864

362611

162927

TOTAL EQUITY & LIABS

471374

356386

485869

308567

 

 

Additional information about participation companies

 

 

 

Below is presented the extended information about the participation companies of subject company.

 

 

 

Name

ZAO "VOLGODIZEL'MASH-URAL"

Legal address

Stachek str., 19A, office 79, Ekaterinburg, Sverdlovsk Region, 620017, Russian Federation

Registration Number

1046604801209

Taxpayer code (INN)

6673115253

 

 

 

Profit and Loss (extract)

 

The following figures are shown in units of 1000

 

 

 

Period, months

12

12

12

12

Ended

01.01.2012

01.01.2011

01.01.2010

01.01.2009

Currency

RUR

RUR

RUR

RUR

SALES

3719

2810

1513

5027

Cost of Goods sold

3361

2110

1070

4877

GROSS PROFIT

358

700

443

150

Distribution Costs

 

1

156

9

Management Costs

306

327

435

325

OPERATING PROFIT

52

372

-148

-184

Non Trading Income

-22

-21

-39

189

PRE TAX PROFIT

30

351

-187

5

Taxation

6

37

1

 

PROFIT AFTER TAX

24

314

-188

5

 

Balance Sheet (extract)

 

The following figures are shown in units of 1000

 

As at

01.01.2012

01.01.2011

01.01.2010

01.01.2009

Currency

RUR

RUR

RUR

RUR

TOTAL FIXED ASSETS

1

8

16

 

 Intangible Assets

 

 

 

 

 Fixed Assets

1

8

16

 

TOTAL CURRENT ASSETS

1085

1062

677

2215

 Stock

717

594

305

205

 Trade debtors

225

219

358

644

 Cash

14

243

8

1361

TOTAL ASSETS

1086

1070

693

2215

 

 

 

 

 

TOTAL EQUITY

174

150

-164

12

 Share Capital

10

10

10

10

 Retained Profits

164

140

-174

14

TOTAL LONG TERM LIABS

 

 

 

 

 Long Term Loans

 

 

 

 

TOTAL CURRENT LIABS

912

920

857

2203

 Short Term Loans

 

 

 

 

 Short Term Trade Creditors

911

920

857

2203

TOTAL EQUITY & LIABS

1086

1070

693

2215

 

 

Additional information about related companies

 

 

 

Below is presented the extended information about the related companies of subject company.

 

 

 

Name

OOO "STELLIT"

Registration Number

1057813155421

Taxpayer code (INN)

7805385684

 

 

 

Profit and Loss (extract)

 

The following figures are shown in units of 1000

 

 

 

Period, months

12

12

 

 

Ended

01.01.2012

01.01.2011

 

 

Currency

RUR

RUR

 

 

SALES

17438

17438

 

 

Cost of Goods sold

 

 

 

 

GROSS PROFIT

17438

17438

 

 

Distribution Costs

 

 

 

 

Management Costs

817

719

 

 

OPERATING PROFIT

16621

16719

 

 

Non Trading Income

-14530

-14544

 

 

PRE TAX PROFIT

2091

2175

 

 

Taxation

402

443

 

 

PROFIT AFTER TAX

1689

1732

 

 

 

Balance Sheet (extract)

 

The following figures are shown in units of 1000

 

As at

01.01.2012

01.01.2011

 

 

Currency

RUR

RUR

 

 

TOTAL FIXED ASSETS

45225

45173

 

 

 Intangible Assets

 

 

 

 

 Fixed Assets

45225

45173

 

 

TOTAL CURRENT ASSETS

85775

87104

 

 

 Stock

92

 

 

 

 Trade debtors

9383

7657

 

 

 Cash

33

34

 

 

TOTAL ASSETS

131000

132278

 

 

 

 

 

 

 

TOTAL EQUITY

13106

11417

 

 

 Share Capital

11

11

 

 

 Retained Profits

-14792

-16480

 

 

TOTAL LONG TERM LIABS

 

 

 

 

 Long Term Loans

 

 

 

 

TOTAL CURRENT LIABS

117894

120861

 

 

 Short Term Loans

76528

89346

 

 

 Short Term Trade Creditors

41366

31515

 

 

TOTAL EQUITY & LIABS

131000

132278

 

 

 

Name

ZAO "VOLZHSKIY LITEYNIY ZAVOD"

Registration Number

1036403908815

Taxpayer code (INN)

6439054229

 

 

 

Profit and Loss (extract)

 

The following figures are shown in units of 1000

 

 

 

Period, months

12

12

12

12

Ended

01.01.2012

01.01.2011

01.01.2010

01.01.2009

Currency

RUR

RUR

RUR

RUR

SALES

155191

99253

76115

137649

Cost of Goods sold

141744

91601

75285

129155

GROSS PROFIT

13447

7652

830

8494

Distribution Costs

62

 

 

25

Management Costs

9072

7002

5388

5948

OPERATING PROFIT

4313

650

-4558

2521

Non Trading Income

-1812

-104

-1050

-1426

PRE TAX PROFIT

2501

546

-5608

1095

Taxation

463

 

 

52

PROFIT AFTER TAX

1933

377

-4632

717

 

Balance Sheet (extract)

 

The following figures are shown in units of 1000

 

As at

01.01.2012

01.01.2011

01.01.2010

01.01.2009

Currency

RUR

RUR

RUR

RUR

TOTAL FIXED ASSETS

10390

11705

13045

5237

 Intangible Assets

 

 

 

 

 Fixed Assets

7021

7972

4728

5237

TOTAL CURRENT ASSETS

35145

23801

17229

52376

 Stock

18195

13659

8984

14374

 Trade debtors

15515

8861

6800

37991

 Cash

829

675

81

11

TOTAL ASSETS

45535

35506

30274

57613

 

 

 

 

 

TOTAL EQUITY

5492

3559

3182

7735

 Share Capital

5000

5000

5000

5000

 Retained Profits

336

-1597

-1974

2614

TOTAL LONG TERM LIABS

 

 

162

476

 Long Term Loans

 

 

 

 

TOTAL CURRENT LIABS

40043

31947

26930

49402

 Short Term Loans

 

 

 

10000

 Short Term Trade Creditors

38442

31947

26930

39402

TOTAL EQUITY & LIABS

45535

35506

30274

57613

 

 

Rates of Exchange

 

 

RUR - Russian Rouble

01.01.2011:   1 EUR = 40.49 RUR,   1 USD = 30.35 RUR

EUR - EURO

01.01.2010:   1 EUR = 43.46 RUR,   1 USD = 30.19 RUR

USD - US Dollar

01.01.2009:   1 EUR = 41.43 RUR,   1 USD = 29.39 RUR

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.52.75

UK Pound

1

Rs.85.07

Euro

1

Rs.69.04

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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.