|
Report Date : |
25.10.2012 |
IDENTIFICATION DETAILS
|
Name : |
OXITENO SA INDUSTRIA E COMERCIO |
|
|
|
|
|
|
Registered Office : |
Avenida Brigadeiro Luís Antonio, 1343 6º Andar CJ A E 7º Andar - Bela Vista 01317-910 - SÃO PAULO/SP |
|
|
|
|
|
|
Country : |
|
|
|
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
|
|
Date of Incorporation : |
20.07.1969 |
|
|
|
|
|
|
Legal Form : |
Privately Held Corporation |
|
|
|
|
|
|
Line of Business : |
Manufacture of Petrochemicals and Chemicals in General. |
|
|
|
|
|
|
No. of Employees : |
682 |
|
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) |
|
Brazil |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
BRAZIL - ECONOMIC OVERVIEW
Characterized by large and well-developed
agricultural, mining, manufacturing, and service sectors, Brazil's economy
outweighs that of all other South American countries, and Brazil is expanding
its presence in world markets. Since 2003, Brazil has steadily improved its
macroeconomic stability, building up foreign reserves, and reducing its debt
profile by shifting its debt burden toward real denominated and domestically
held instruments. In 2008, Brazil became a net external creditor and two
ratings agencies awarded investment grade status to its debt. After strong
growth in 2007 and 2008, the onset of the global financial crisis hit Brazil in
2008. Brazil experienced two quarters of recession, as global demand for
Brazil's commodity-based exports dwindled and external credit dried up.
However, Brazil was one of the first emerging markets to begin a recovery. In
2010, consumer and investor confidence revived and GDP growth reached 7.5%, the
highest growth rate in the past 25 years. Rising inflation led the authorities
to take measures to cool the economy; these actions and the deteriorating
international economic situation slowed growth to 2.7% for 2011 as a whole,
though forecasts for 2012 growth are somewhat higher. Despite slower growth in
2011, Brazil overtook the United Kingdom as the world's seventh largest economy
in terms of GDP. Urban unemployment is at the historic low of 4.7% (December
2011), and Brazil's traditionally high level of income equality has declined
for each of the last 12 years. Brazil's high interest rates make it an
attractive destination for foreign investors. Large capital inflows over the
past several years have contributed to the appreciation of the currency,
hurting the competitiveness of Brazilian manufacturing and leading the
government to intervene in foreign exchanges markets and raise taxes on some
foreign capital inflows. President Dilma ROUSSEFF has retained the previous
administration's commitment to inflation targeting by the central bank, a
floating exchange rate, and fiscal restraint.
Source
: CIA
OXITENO S/A
INDUSTRIA E COMERCIO
|
MAIN ADDRESS: |
AVENIDA BRIGADEIRO LUÍS ANTONIO, 1343 6º ANDAR CJ A E 7º ANDAR - BELA
VISTA |
|
ZIP CODE/CITY: |
01317-910 |
|
|
|
|
PHONE: |
11 3177-6925 |
|
FAX: |
11 3177-6925 |
|
E-MAIL: |
valdemar@oxiteno.com.br |
|
WEB SITE: |
www.oxiteno.com.br |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
RUA BEZENO,1065 - COMPLEXO BÁSICO |
|
ZIP CODE/CITY: |
42810-000 CAMAÇARI/BA |
|
PHONE: |
71 3634-777 |
|
|
|
|
ADDRESS: |
RUA AGOSTINHO MANFREDINI,56 |
|
ZIP CODE/CITY: |
12120-000 TREMEMBÉ/SP |
|
PHONE: |
12 3607-3200 |
|
|
|
|
ADDRESS: |
RODOVIA TABAÍ - CANOAS, KM,419 LOTE 7 |
|
ZIP CODE/CITY: |
95853-000 TRIUNFO/RS |
|
PHONE: |
51 3457-5100 |
|
|
|
|
ADDRESS: |
AVENIDA AYRTON SENNA DA SILVA,3001 |
|
ZIP CODE/CITY: |
09380-440 MAUÁ/SP |
|
PHONE: |
11 4478-3300 |
|
|
|
|
ADDRESS: |
AVENIDA DAS INDUSTRIAS,365 |
|
ZIP CODE/CITY: |
09380-903 MAUÁ/SP |
|
PHONE: |
11 4478-3300 |
|
|
|
|
ADDRESS: |
AVENIDA JORGE BEI MALUF,2163 |
|
ZIP CODE/CITY: |
08686-000 SUZANO/SP |
|
PHONE: |
11 3607-3200 |
|
|
|
|
ADDRESS: |
RODOVIA PRESIDENTE CASTELO BRANCO 11.10, KM 30,5 |
|
ZIP CODE/CITY: |
06421-400 BARUERI/SP |
|
ADMINISTRACIÓN PORTUARIA INTEGRAL DE COATZACOALCOS, RECINTO PORTUARIO C.P. 95020 COATZACOALCOS, VERACRUZ. MÉXICO PHONE: +52 (921) 214-5492 KM. 1.6 CARRETERA A SAN MARTÍN DE LAS FLORES C.P. 45620 TLAQUEPAQUE, JALISCO MÉXICO PHONE: +52 (33) 3697-0201 INSURGENTES SUR 1685, PISO 11A COL. GUADALUPE INN C. P. 01020 MÉXICO, D. F. - MÉXICO PHONE: 52 (55) 5322-0560 FAX: 52 (55) 5661-6242 AVENIDA CARLOS PELLEGRINI 713, 5º PISO BUENOS AIRES - ARGENTINA PHONE: 54 (11) 4115-5600 FAX: 54 (11) 4115-5680 E-MAIL: OXAR@OXITENO.COM.BR |
|
MAIN ACTIVITIES: |
|
MANUFACTURE OF PETROCHEMICALS AND CHEMICALS IN GENERAL. |
|
LEGAL FORM: |
PRIVATELY
HELD CORPORATION |
|
|
|
|
INCORPORATION DATE: |
20/07/1969 |
|
REGISTER DATE: |
20/07/1969 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
62.545.686/0001-53 |
|
STATE REGISTER: |
108.237.678.117 |
|
|
|
|
SHARE CAPITAL: |
R$
1.393.570.000,00 |
|
LAST REGISTER OF CAPITAL: |
29/03/2011 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
JOÃO BENJAMIN PAROLIN |
SUPERVISING DIRECTOR |
|
ANA PAULA SANTORO CORIA |
DIRECTOR |
|
FLÁVIO DO COUTO BEZERRA CAVALCANTI |
DIRECTOR |
|
ANDRE LUIS POLO |
DIRECTOR |
|
ANDREA CAMPOS SOARES |
DIRECTOR |
|
THE DIRECTORS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
ULTRAPAR PARTICIPAÇÕES S/A |
100% |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
OXITENO NORDESTE S/A IND.E COMERCIO |
|
|
OXICAP IND.DE GASES LTDA |
25,00% |
|
PETROQUÍMICA UNIÃO S/A - PQU |
2,85% |
|
OXITENO INTERNATIONAL CORPORATION |
100,00% |
|
TERMINAL QUÍMICA DE ARATÚ S/A - TEQUIMAR |
20,00% |
|
BARRINGTON S.L. |
100,00% |
|
UAESPE EMPREENDIMENTOS E PARTICIPAÇÕES LTDA |
99,998% |
|
OLEOQUIMICA IND. COM. PROD. QUIMICOS LTDA |
100,00% |
|
OXITENO ARGENTINA SOC DE RESPONSABILIDAD LTDA |
|
|
OXITENO DISTRIBUIDORA QUIMICA LTDA |
|
|
THE SUBJECT WAS ESTABLISHED ON JULY 20, 1969 AS A LIMITED LIABILITY COMPANY
AND WITH THE REGISTERED NAME OXITENO INDÚSTRIA QUÍMICA LTDA. ON OCTOBER 14,
1970 ITS LEGAL FORM WAS CHANGED TO PRIVATELY HELD CORPORATION AND THE CURRENT
REGISTERED NAME WAS ADOPTED. THE SHARE INTEREST CONTROL AT THE TIME OF ITS INCORPORATION WAS HOLD
BY THE GROUPS ULTRA, PETROQUISA AND MONTEIRO ARANHA. IN 1971 THE SUBJECT AND THE COMPANY OXIGÊNIO DO BRASIL S/A, CURRENT
NAMED AIR LIQUIDE BRASIL LTDA., ESTABLISHED THE COMPANY OXICAP INDÚSTRIA DE
GASES LTDA. THE SUBJECT HOLDS 25% OF THE SHARES OF THE SAID COMPANY. IN 1974 WITH THE BUILDING OF THE SECOND PETROCHEMICAL PARK IN BRAZIL
THE SUBJECT ESTABLISHED ITS PARENT COMPANY OXITENO NORDESTE S/A INDÚSTRIA E
COMÉRCIO. ON AUGUST 26, 1992 THE SUBJECT TOOK OVER THE COMPANY ULTRAQUÍMICA NOVA
S/A A COMPANY FORMERLY OWNED BY ULTRA GROUP. IN AUGUST 2010 THE COMPANY TOOK OVER TSPE E EMPREENDIMENTOS E
PARTICIPAÇÕES LTDA, CNPJ 09.364.319-70. CERTIFICATIONS: ISO 9001:2008 ISO 14001:2004 ISO/TS 16949:2009 ISO/TS 16949:2009 THE INFORMED ADDRESS “ROD. PRESIDENTE CASTELO BRANCO 11100 KM 03 JD
MARIA” IS UNKNOWN BY THE SUBJECT. FURTHER DETAILS ABOUT THE SUBJECT'S HISTORY ARE SO FAR NOT KNOWN. |
|
PUBLIC
INFORMATION: |
|
PROTESTS: |
|
58 PROTESTS,TOTAL AMOUNT R$
160.251,54 |
|
DATE OF FIRST PROTEST:
06/2012 R$ 6.737,25 |
|
DATE OF HIGHEST PROTEST:
07/2012 R$ 7.175,76 |
|
DETAILS OF LATEST PROTESTS: |
|
NOTARY OFFICE: |
DATE: |
VALUE: |
|
1º CARTÓRIO DE MAUA/SP |
09/2012 |
R$ 180,47 |
|
1º CARTÓRIO DE BARUERI/SP |
09/2012 |
R$ 4.406,51 |
|
1º CARTÓRIO DE BARUERI/SP |
09/2012 |
R$ 4.102,45 |
|
1º CARTÓRIO DE BARUERI/SP |
09/2012 |
R$ 2.241,70 |
|
1º CARTÓRIO DE BARUERI/SP |
09/2012 |
R$ 975,14 |
|
LAWSUITS: |
|
|
|
|
DATE: |
COURT OF LAW: |
|
2 |
FEDERAL LAWSUITS |
28/09/12 |
VARA DE SP-TREMEMBE |
|
GENERAL BALANCE SHEETS AS OF 31/12/2011, 31/12/2010 AND 31/12/2009. |
|
( FIGURES ARE IN THOUSANDS OF REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/12/2011 |
31/12/2010 |
31/12/2009 |
|
|
|
|
|
|
CASH AND BANKS |
32.306 |
62.205 |
49.035 |
|
CLIENTS |
167.721 |
150.044 |
101.830 |
|
INVENTORY |
110.048 |
95.639 |
89.868 |
|
RECOVERABLE TAXES |
39.945 |
35.205 |
24.260 |
|
DIVIDENDS RECEIVABLES |
1.640 |
53.801 |
3.059 |
|
OTHER CREDITS |
647 |
1.113 |
860 |
|
PREPAID EXPENSES |
5.493 |
3.875 |
1.826 |
|
INVESTMENTS |
33.440 |
|
3 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT ASSETS |
391.240 |
401.882 |
270.741 |
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
INTERCOMPANY CREDITS |
349.410 |
348.816 |
367.492 |
|
DEFERRED TAXES |
50.876 |
44.545 |
40.890 |
|
RECOVERABLE TAXES |
29.477 |
25.002 |
14.994 |
|
JUDICIAL DEPOSITS |
2.822 |
2.694 |
2.674 |
|
PRE PAID EXPENSES |
7.307 |
3.772 |
3.684 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG-TERM RECEIVABLES |
439.892 |
424.829 |
429.734 |
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
INVESTMENTS |
1.716.498 |
1.385.324 |
1.265.909 |
|
FIXED ASSETS |
368.027 |
387.587 |
395.587 |
|
INTANGIBLE |
13.539 |
14.250 |
15.273 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL FIXED ASSETS |
2.098.064 |
1.787.161 |
1.676.769 |
|
|
================ |
================ |
================ |
|
TOTAL ASSETS |
2.929.196 |
2.613.872 |
2.377.244 |
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2011 |
31/12/2010 |
31/12/2009 |
|
|
|
|
|
|
SUPPLIERS |
102.597 |
72.030 |
61.482 |
|
LOANS AND FINANCING |
252.640 |
254.888 |
143.953 |
|
SALARY, TAXES & CONTRIB. |
40.825 |
36.736 |
18.454 |
|
TAXES & CONTRIBUTIONS |
2.797 |
2.210 |
482 |
|
DIVIDENDS |
26.037 |
14.256 |
12.678 |
|
OTHER DEBTS |
2.019 |
1.142 |
519 |
|
INCOME TAX/SOCIAL CONTRIBUTION |
4 |
697 |
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT LIABILITIES |
426.919 |
381.959 |
237.568 |
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
LOANS AND FINANCING |
261.909 |
410.612 |
550.043 |
|
INTERCOMPANY DEBTS |
7.867 |
6.874 |
5.634 |
|
DEFERRED TAXES |
1.464 |
237 |
272 |
|
OTHER |
3.958 |
3.041 |
|
|
PROVISION FOR CONTINGENCIES |
19.635 |
22.614 |
29.585 |
|
ACCOUNTS PAYABLE |
647 |
766 |
980 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG TERM LIABILITIES |
295.480 |
444.144 |
586.514 |
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
1.393.570 |
1.073.570 |
873.570 |
|
REVALUATION RESERVES |
653 |
740 |
852 |
|
PROFIT RESERVES |
816.883 |
733.530 |
687.919 |
|
ADJUSTMENTS |
-4.426 |
-18.597 |
-5.302 |
|
OTHER COMPREHENSIVE INCOME |
117 |
-1.474 |
-3.877 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL NET EQUITY |
2.206.797 |
1.787.769 |
1.553.162 |
|
|
================ |
================ |
================ |
|
TOTAL LIABILITIES |
2.929.196 |
2.613.872 |
2.377.244 |
|
PROFIT AND LOSS ACCOUNTS AS OF 31/12/2011, 31/12/2010 AND 31/12/2009. |
|
( FIGURES ARE IN THOUSANDS OF REAIS ). |
|
|
31/12/2011 |
31/12/2010 |
31/12/2009 |
|
|
|
|
|
|
NET SALES |
807.976 |
754.365 |
670.367 |
|
(-) COST OF SOLD GOODS |
666.722 |
624.120 |
601.117 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS PROFIT |
141.254 |
130.245 |
69.250 |
|
OPERATING REVENUE (EXPENSE) |
-161.620 |
-168.562 |
-129.081 |
|
FINANCIAL REVENUE(EXPENSE) |
118.656 |
93.370 |
104.075 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL PROFIT (LOSS) |
98.290 |
55.053 |
44.244 |
|
CONTRIBUTION/INCOME TAX |
10.910 |
4.600 |
10.205 |
|
|
---------------- |
---------------- |
---------------- |
|
NET PROFIT (LOSS) |
109.200 |
59.653 |
54.449 |
|
RATIOS: |
31/12/2011 |
31/12/2010 |
31/12/2009 |
|
QUICK RATIO |
,66 |
|
,80 |
|
,76 |
|
|
CURRENT RATIO |
,92 |
|
1,05 |
|
1,14 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
4,82 |
TIMES |
5,03 |
TIMES |
6,58 |
TIMES |
|
DAYS' SALES IN RECEIVABLES |
74,73 |
DAYS |
71,60 |
DAYS |
54,68 |
DAYS |
|
INVENTORY TURNOVER |
6,06 |
TIMES |
6,53 |
TIMES |
6,69 |
TIMES |
|
ACCOUNTS PAYABLE PERIOD |
55,40 |
DAYS |
41,55 |
DAYS |
36,82 |
DAYS |
|
RETURN ON ASSETS |
,28 |
TIMES |
,29 |
TIMES |
,28 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
,37 |
TIMES |
,42 |
TIMES |
,43 |
TIMES |
|
NET WORTH TIE-UP |
,17 |
|
,22 |
|
,25 |
|
|
INDEBTEDNESS |
,33 |
|
,46 |
|
,53 |
|
|
EQUITY RATIO |
75,34 |
% |
68,40 |
% |
65,33 |
% |
|
WORKING CAPITAL RATIO |
-8,36 |
% |
5,22 |
% |
13,96 |
% |
|
GENERAL SOLVENCY |
4,05 |
|
3,16 |
|
2,88 |
|
|
RETURN ON NET EQUITY |
4,95 |
% |
3,34 |
% |
3,51 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
13,52 |
% |
7,91 |
% |
8,12 |
% |
|
GROSS PROFIT MARGIN |
17,48 |
% |
17,27 |
% |
10,33 |
% |
|
OPERATIONAL RESULT |
12,17 |
% |
7,30 |
% |
6,60 |
% |
|
SALES TURNOVER ON LIABILITIES |
1,89 |
TIMES |
1,98 |
TIMES |
2,82 |
TIMES |
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 2,02 |
- OFFICIAL RATE ON 22/10/2012 |
|
US$ 1,00 = R$ 1,87 |
- OFFICIAL RATE ON 31/12/2011 |
|
US$ 1,00 = R$ 1,66 |
- OFFICIAL RATE ON 31/12/2010 |
|
US$ 1,00 = R$ 1,74 |
- OFFICIAL RATE ON 31/12/2009 |
|
COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE FIGURES AVAILABLE SHOW A NORMAL FINANCIAL STANDING. IT IS NOTED
LOW CURRENT RATIO BUT THE LEVEL OF INDEBTEDNESS IS ALSO LOW. IN ADDITION IT
IS NOTED GROWING SALES AND POSTED PROFIT. IT IS WORTH TO COMMENT THAT THE COMPANY HAS HIGH FINANCIAL STRENGTH AND
BELONGS TO A FINANCIALLY-SOUND GROUP, THUS IT IS NOT LIKELY TO FACE FINANCIAL
PROBLEMS. |
|
REAL ESTATE: |
NOT AVAILABLE
|
VEHICLES: |
NOT AVAILABLE
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS
ARE VALUED AT R$ 53.425.000,00
|
THE SUBJECT IS SAID TO HOLD INSURANCE POLICIES BUT DETAILS WERE NOT
DISCLOSED. |
|
|
BRANCH/PHONE: |
CITY: |
|
BANCO REAL (SANTANDER) S/A |
11 3174-6267 |
SÃO PAULO/SP |
|
BANCO ITAÚ S/A |
11 3708-8064 |
SÃO PAULO/SP |
|
BANCO ITAUBANK S/A |
11 3118-6625 |
SÃO PAULO/SP |
|
BANCO ITAÚ S/A |
11 867-4613 |
SÃO PAULO/SP |
|
BANCO BRADESCO S/A |
11 253-1911 |
SÃO PAULO/SP |
|
BANCO DO BRASIL S/A |
11 2128-7203 |
|
|
REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE
INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW
PROHIBITION WE ARE UNABLE TO PROVIDE ANY BANKING DETAILS. ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL REPORT, THE COMPANY
HAS NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682
BRAZILIAN CENTRAL BANK"). |
|
THE SUBJECT IS ENGAGED IN THE MANUFACTURE OF PETROCHEMICALS AND
CHEMICALS IN GENERAL. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
NOT AVAILABLE. |
EXPORTS TO:
|
MERCOSUR, FAR EAST, U.S.A., EUROPE, SOUTH AFRICA AND AUSTRALIA. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
CITY: |
PHONE: |
|
CLARIANT S/A |
SÃO PAULO/SP |
11 5683-7233 |
|
COGNIS BRASIL LTDA |
JACAREÍ/SP |
12 354-6186 |
|
COLGATE /PALMOLIVE IND. E COM. LTDA |
SÃO PAULO/SP |
|
|
DOW BRASIL SUDESTE INDUSTRIAL LTDA |
GUARUJA/SP |
|
|
DOW QUÍMICA S/A |
GUARUJÁ/SP |
13 546-9122 |
|
DUPONT DO BRASIL S/A |
BARUERI/SP |
|
|
INDÚSTRIAS GESSY LEVER LTDA |
SÃO PAULO/SP |
|
|
LEDERVIN IND.COM.LTDA |
OSASCO/SP |
11 864-1155 |
|
TRW AUTOMOTIVE SOUTH AMERICA S/A |
LIMEIRA/SP |
19 440-1355 |
|
UNILEVER BRASIL HIG PESSOAL LIMP LTDA |
SÃO PAULO/SP |
|
|
STAFF: |
|
|
|
THE COMPANY HAS: 682 EMPLOYEE(S) |
|
THE SUBJECT IS AN OLD AND WELL-ESTABLISHED COMPANY IN BUSINESS SINCE
1969 WITH A CLEAR TRADE HISTORY AND GOOD PAYMENT BEHAVIOR. IT HAS A HIGH
SCALE OF OPERATIONS AND AN EXCELLENT TRADE REPUTATION. THE COMPANY HAS TRADE RELATIONS WITH SEVERAL SUPPLIERS IN BRAZIL. THE
SUPPLIERS EXTEND CREDIT FACILITIES TO THE SUBJECT IN TERMS AND AMOUNTS
ACCORDING TO THE COMPANY'S NEEDS AND SO FAR NO PAYMENT PROBLEMS ARE NOTED. THE LAWSUITS REPORTED ARE NOT RELATED WITH TRADE DEBTS. THEY ARE
RELATED TO TAX DEBTS THAT FOR ANY REASON THE COMPANY HAS NOT YET PAID.
NEVERTHELESS WE POINT OUT THAT THE SAID LAWSUITS DO NOT AFFECT THE COMPANY’S
TRADE REPUTATION. OUR INVESTIGATION THROUGH THE PUBLIC SHOWED SOME DETRIMENTAL FILES
REGISTERED AGAINST THE SUBJECT BUT DUE TO THE SUBJECT’S HIGH FINANCIAL
STRENGTH AND HIGH SCALE OF OPERATIONS THE DETRIMENTAL FILES ARE CONSIDERED
NORMAL AND DO NOT AFFECT ITS TRADE REPUTATION OR ITS CREDITWORTHINESS. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
CITY: |
PHONE: |
|
COMGAS-COMPANHIA DE GÁS SÃO PAULO |
SÃO PAULO/SP |
11 4504-5072 |
|
FASCIATUS PARTICIPAÇÕES S/A |
MAUA/SP |
11 4977-2000 |
|
GMM EMBALAGENS INDUSTRIAIS S/A |
|
11 3040-1657 |
|
METALBASA MEALÚRGICA DA BAHIA S/A |
SALVADOR/BA |
71 241-7619 |
|
PETROQUÍMICA UNIÃO S/A |
MAUÁ/SP |
11 4478-1634 |
|
RHODIA POLIAMIDA E ESPECIALIDADES LTDA |
SÃO PAULO/SP |
11 3741-7082 |
|
UNIPAR COMERCIAL E DISTR. S/A |
MAUÁ/SP |
11 4472-1155 |
|
UNIPAR-UNIÃO INDS.PETROQ. S/A |
MAUÁ/SP |
11 4472-1155 |
|
FOREIGN
SUPPLIERS: |
COUNTRY: |
|
|
CELANESE LTD |
UNITED STATES |
|
|
PAYMENT HISTORY: |
|
16 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 4.607.579,00 |
|
|
|
AMOUNT OF INVOICES PAID: 112 |
|
TOTAL OF PROMPT PAYMENTS: 100% |
|
HIGHEST INVOICE: R$ 580.042,00 |
|
HIGHEST CREDIT: R$ 580.042,00 |
|
THE SUBJECT IS AN OLD AND WELL-ESTABLISHED COMPANY. IT HAS A HIGH SCALE
OF OPERATIONS AND A HUGE FINANCIAL POWER. BASED ON THE OVERALL
INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD TRADE RELATIONS MAY BE
ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED WITHIN TERMS AND AMOUNTS
ADEQUATE TO THE COMPANY'S SIZE AND FINANCIAL STRENGTH. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.59 |
|
|
1 |
Rs.85.81 |
|
Euro |
1 |
Rs.69.91 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.