MIRA
INFORM REPORT
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Report Date : |
25.10.2012 |
IDENTIFICATION DETAILS
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Name : |
ZARA HOME ESPANA SA |
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Registered Office : |
Avd. Diputacion Edf Inditex, Arteixo, 15142 |
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Country : |
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Financials (as on) : |
31.12.2011 |
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Year of Establishment : |
1991 |
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Com. Reg. No.: |
A15340516 |
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Legal Form : |
Public Subsidiary Company |
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Line of Business : |
Sports Wear Manufacturer |
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No. of Employees : |
996 employees |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Good |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – June 30th, 2012
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Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
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A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
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Source : CIA |
Company name & address
Zara Home EspaNa Sa
Avd. Diputacion Edf Inditex
Arteixo, 15142
Tel: +(34) 981185400
Fax: +(34) 981185503
Web: www.zarahome.com
Synthesis
Employees: 996
Company Type: Public Subsidiary
Corporate Family: 177
Companies
Ultimate Parent: Inditex
SA
Incorporation Date: 1991
Auditor: Kpmg Auditores Sl
Financials in: USD
(Millions)
Fiscal Year End:
03-Apr-2012
Reporting Currency: Euro
Annual Sales: 296.9
1
Net Income: 11.4
Total Assets:
246.6
Business Description
Sports Wear Mfr
Industry
Industry Recreational Products
ANZSIC 2006: 2592 - Toy,
Sporting and Recreational Product Manufacturing
NACE 2002: 3640 - Manufacture
of sports goods
NAICS 2002: 339920 - Sporting
and Athletic Goods Manufacturing
UK SIC 2003: 3640 - Manufacture
of sports goods
UK SIC 2007: 3230 - Manufacture
of sports goods
US SIC 1987: 3949 - Sporting
and Athletic Goods, Not Elsewhere Classified
Key Executives
|
Name |
Title |
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Amancio Ortega |
President |
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Javier Monteoliva Diaz |
Secretary |
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Antonio Gerardo Abril Abadin |
Joint Attorney |
|
Vicente Cortizas Gonzalez-Criado |
Member Of The Board |
|
Ramon Reñon Tuñez |
Member Of The Board |
Registered No.(ESP): A15340516
1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7273092
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7502174
Corporate Overview
Location
Avd. DiputaciĂ³n Edf Inditex
Arteixo, 15142
Tel: +(34) 981185400
Fax: +(34) 981185503
Web: www.zarahome.com
Sales EUR(mil): 216.0
Assets EUR(mil): 185.0
Employees: 996
Fiscal Year End: 03-Apr-2012
Industry Recreational
Products
Incorporation Date: 1991
Company Type: Public
Subsidiary
Quoted Status: Not
Quoted
Registered No.(ESP): A15340516
President : Amancio
Ortega
Contents
Industry Codes
Business Description
Financial Data
Branch Offices
Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
2592 - Toy, Sporting and Recreational Product Manufacturing
NACE 2002 Codes:
3640 - Manufacture of sports goods
NAICS 2002 Codes:
339920 - Sporting and Athletic Goods Manufacturing
US SIC 1987:
3949 - Sporting and Athletic Goods, Not Elsewhere Classified
3640 - Manufacture of sports goods
3230 - Manufacture of sports goods
Business
Description
Retail sale of clothing in specialised stores
More Business
Descriptions
Sports Wear Mfr
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Corporate
Family |
Corporate
Structure News: |
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Zara Home España Sa |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
Arteixo |
|
Retail (Apparel) |
19,117.4 |
111,033 |
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Subsidiary |
Arteixo, La Coruña |
|
Apparel and Accessories |
2,075.0 |
10,206 |
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Subsidiary |
|
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Miscellaneous Transportation |
|
6,000 |
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Subsidiary |
MĂ©xico, D.F. |
|
Retail (Apparel) |
1,223.3 |
5,000 |
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Subsidiary |
Arteixo, La Coruña |
|
Retail (Apparel) |
1,261.9 |
4,461 |
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Subsidiary |
Arteixo, La Coruña |
|
Miscellaneous Transportation |
31.4 |
434 |
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Subsidiary |
Bruxelles |
|
Retail (Apparel) |
25.7 |
133 |
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Subsidiary |
Arteixo, La Coruña |
|
Apparel and Accessories |
904.3 |
3,785 |
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Subsidiary |
Arteixo, La Coruña |
|
Retail (Apparel) |
866.4 |
3,297 |
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Subsidiary |
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Retail (Apparel) |
19.1 |
97 |
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Subsidiary |
Arteixo, La Coruña |
|
Retail (Apparel) |
969.5 |
2,688 |
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Subsidiary |
Arteixo, La Coruña |
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Miscellaneous Transportation |
18.2 |
213 |
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Subsidiary |
|
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Retail (Apparel) |
590.4 |
2,571 |
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UK Branch/Trading address |
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Retail (Apparel) |
590.4 |
1,116 |
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UK Branch/Trading address |
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Retail (Apparel) |
590.4 |
125 |
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UK Branch/Trading address |
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|
Retail (Apparel) |
590.4 |
60 |
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UK Branch/Trading address |
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|
Retail (Apparel) |
590.4 |
55 |
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UK Branch/Trading address |
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Retail (Apparel) |
590.4 |
40 |
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UK Branch/Trading address |
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Retail (Apparel) |
590.4 |
40 |
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UK Branch/Trading address |
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Retail (Apparel) |
590.4 |
35 |
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UK Branch/Trading address |
Bromley |
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Retail (Apparel) |
590.4 |
3 |
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UK Branch/Trading address |
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Retail (Apparel) |
590.4 |
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Subsidiary |
Arteixo, La Coruña |
|
Retail (Apparel) |
304.2 |
1,395 |
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Subsidiary |
Arteixo, La Coruña |
|
Retail (Apparel) |
198.5 |
1,138 |
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Subsidiary |
Bruxelles |
|
Retail (Apparel) |
217.4 |
1,009 |
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Subsidiary |
Arteixo, La Coruña |
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Recreational Products |
296.9 |
996 |
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Subsidiary |
Lisboa |
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Retail (Apparel) |
113.7 |
751 |
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Subsidiary |
Arteixo, La Coruña |
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Retail (Apparel) |
59.8 |
714 |
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Subsidiary |
Lisboa |
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Retail (Apparel) |
116.9 |
692 |
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Subsidiary |
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Retail (Apparel) |
131.6 |
647 |
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Subsidiary |
Fribourg |
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Footwear |
|
600 |
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Subsidiary |
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Business Services |
|
500 |
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Subsidiary |
Tordera |
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Retail (Apparel) |
|
500 |
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Subsidiary |
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Retail (Apparel) |
60.6 |
303 |
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Subsidiary |
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Retail (Apparel) |
30.3 |
260 |
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Subsidiary |
Arteixo, La Coruña |
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Miscellaneous Transportation |
21.7 |
259 |
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Subsidiary |
Arteixo, La Coruña |
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Miscellaneous Transportation |
13.6 |
253 |
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Subsidiary |
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Retail (Apparel) |
45.7 |
157 |
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Subsidiary |
Arteixo, La Coruña |
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Apparel and Accessories |
193.0 |
132 |
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Subsidiary |
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Retail (Apparel) |
31.3 |
132 |
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Subsidiary |
Arteixo, La Coruña |
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Apparel and Accessories |
6.8 |
124 |
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Subsidiary |
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Construction Services |
361.5 |
100 |
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Subsidiary |
Tortuguitas, |
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Business Services |
78.5 |
100 |
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Subsidiary |
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Retail (Apparel) |
|
100 |
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Subsidiary |
Arteixo, La Coruña |
|
Business Services |
81.4 |
97 |
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Subsidiary |
Arteixo, La Coruña |
|
Business Services |
80.3 |
95 |
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Subsidiary |
Arteixo, La Coruña |
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Apparel and Accessories |
83.7 |
93 |
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Subsidiary |
Arteixo, La Coruña |
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Apparel and Accessories |
132.1 |
79 |
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Subsidiary |
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Retail (Specialty) |
14.1 |
79 |
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Subsidiary |
|
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Retail (Apparel) |
|
60 |
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Subsidiary |
Arteixo, La Coruña |
|
Apparel and Accessories |
55.9 |
56 |
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Subsidiary |
Arteixo, La Coruña |
|
Apparel and Accessories |
3.3 |
50 |
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Subsidiary |
Arteixo, La Coruña |
|
Apparel and Accessories |
59.6 |
49 |
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Subsidiary |
Arteixo, La Coruña |
|
Apparel and Accessories |
76.9 |
46 |
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Subsidiary |
Arteixo, La Coruña |
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Retail (Apparel) |
140.3 |
45 |
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Subsidiary |
|
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Retail (Apparel) |
|
35 |
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Subsidiary |
|
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Business Services |
|
35 |
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Branch |
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Retail (Apparel) |
11.2 |
60 |
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Branch |
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Retail (Apparel) |
9.3 |
59 |
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Branch |
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Retail (Apparel) |
9.5 |
51 |
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Branch |
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Retail (Apparel) |
9.3 |
50 |
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Branch |
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Retail (Apparel) |
7.9 |
50 |
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Branch |
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Retail (Apparel) |
7.9 |
50 |
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Branch |
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Retail (Apparel) |
7.4 |
40 |
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Branch |
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Retail (Apparel) |
6.3 |
40 |
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Branch |
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Apparel and Accessories |
27.3 |
35 |
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Branch |
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Retail (Apparel) |
5.6 |
30 |
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Branch |
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Retail (Apparel) |
4.7 |
30 |
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Branch |
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Retail (Apparel) |
4.7 |
30 |
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Branch |
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Retail (Apparel) |
4.4 |
28 |
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Branch |
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Retail (Apparel) |
4.7 |
25 |
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Branch |
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Retail (Apparel) |
4.0 |
25 |
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Branch |
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Retail (Apparel) |
3.6 |
23 |
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Branch |
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Retail (Apparel) |
3.5 |
22 |
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Branch |
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Retail (Apparel) |
3.3 |
21 |
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Branch |
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Retail (Apparel) |
3.7 |
20 |
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Branch |
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Retail (Department and Discount) |
3.2 |
20 |
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Branch |
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Retail (Apparel) |
2.8 |
15 |
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Branch |
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Retail (Apparel) |
2.8 |
15 |
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Branch |
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Retail (Apparel) |
2.8 |
15 |
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Branch |
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Retail (Apparel) |
2.8 |
15 |
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Branch |
|
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Retail (Apparel) |
2.8 |
15 |
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Branch |
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Retail (Apparel) |
2.8 |
15 |
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Branch |
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Retail (Apparel) |
2.8 |
15 |
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Branch |
|
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Retail (Apparel) |
2.8 |
15 |
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Branch |
|
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Retail (Apparel) |
2.8 |
15 |
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Branch |
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Retail (Apparel) |
2.8 |
15 |
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Branch |
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Retail (Apparel) |
2.4 |
15 |
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Branch |
Garden City, NY |
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Retail (Apparel) |
2.0 |
11 |
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Branch |
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Retail (Apparel) |
1.4 |
9 |
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Branch |
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Retail (Apparel) |
1.4 |
9 |
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Branch |
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Retail (Apparel) |
1.4 |
9 |
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Branch |
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Retail (Apparel) |
1.4 |
9 |
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Branch |
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Retail (Apparel) |
1.4 |
9 |
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Branch |
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Retail (Apparel) |
1.4 |
9 |
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Branch |
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Retail (Apparel) |
1.4 |
9 |
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Branch |
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Retail (Apparel) |
1.4 |
9 |
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Branch |
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Apparel and Accessories |
3.6 |
4 |
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Branch |
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Apparel and Accessories |
1.4 |
3 |
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Subsidiary |
|
|
Business Services |
|
30 |
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|
Subsidiary |
|
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Retail (Specialty) |
|
25 |
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Subsidiary |
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Retail (Apparel) |
|
25 |
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Branch |
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Retail (Apparel) |
20.6 |
80 |
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Branch |
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Retail (Apparel) |
19.7 |
80 |
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Branch |
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Retail (Apparel) |
14.8 |
60 |
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Branch |
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Retail (Apparel) |
14.7 |
60 |
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Branch |
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Retail (Apparel) |
9.9 |
40 |
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Branch |
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Retail (Apparel) |
9.2 |
37 |
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Branch |
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Retail (Apparel) |
8.7 |
35 |
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Branch |
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Retail (Apparel) |
6.2 |
30 |
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Branch |
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Retail (Apparel) |
6.2 |
30 |
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Branch |
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Retail (Apparel) |
5.3 |
30 |
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Branch |
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Retail (Apparel) |
6.2 |
25 |
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Branch |
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Retail (Apparel) |
4.9 |
20 |
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Branch |
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Retail (Apparel) |
3.7 |
18 |
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Branch |
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Retail (Apparel) |
2.9 |
12 |
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Branch |
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Retail (Apparel) |
1.5 |
6 |
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Branch |
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Retail (Apparel) |
0.4 |
2 |
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Subsidiary |
|
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Retail (Apparel) |
|
25 |
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Subsidiary |
|
|
Business Services |
|
25 |
|
|
Subsidiary |
|
|
Textiles - Non Apparel |
|
25 |
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|
Subsidiary |
|
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Business Services |
|
25 |
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|
Subsidiary |
|
|
Textiles - Non Apparel |
|
23 |
|
|
Subsidiary |
|
|
Retail (Apparel) |
|
20 |
|
|
Subsidiary |
|
|
Retail (Apparel) |
|
20 |
|
|
Subsidiary |
|
|
Retail (Apparel) |
|
20 |
|
|
Subsidiary |
Fribourg |
|
Retail (Apparel) |
|
15 |
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Subsidiary |
Seiersberg, Styria |
|
Retail (Apparel) |
|
15 |
|
|
Subsidiary |
|
|
Retail (Apparel) |
|
14 |
|
|
Subsidiary |
|
|
Footwear |
|
11 |
|
|
Subsidiary |
|
|
Retail (Apparel) |
|
11 |
|
|
Subsidiary |
|
|
Investment Services |
|
10 |
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|
Subsidiary |
|
|
Retail (Apparel) |
1,027.0 |
4,505 |
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Subsidiary |
Lisboa |
|
Retail (Apparel) |
352.6 |
2,429 |
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|
Subsidiary |
|
|
Retail (Apparel) |
258.2 |
1,400 |
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|
Subsidiary |
|
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Investment Services |
|
|
|
|
Subsidiary |
|
|
Miscellaneous Financial Services |
|
|
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Subsidiary |
Ciudad De |
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Retail (Apparel) |
|
811 |
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Branch |
|
|
Retail (Apparel) |
|
45 |
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|
Branch |
|
|
Retail (Apparel) |
|
40 |
|
|
Branch |
|
|
Retail (Apparel) |
|
33 |
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|
Branch |
|
|
Apparel and Accessories |
|
|
|
|
Branch |
|
|
Retail (Apparel) |
|
|
|
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Subsidiary |
Almere, Flevoland |
|
Retail (Apparel) |
|
8 |
|
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Subsidiary |
Arteixo, La Coruña |
|
Apparel and Accessories |
27.2 |
7 |
|
|
Subsidiary |
Brugge, |
|
Business Services |
|
5 |
|
|
Subsidiary |
|
|
Retail (Apparel) |
|
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
|
Apparel and Accessories |
|
|
|
|
Subsidiary |
|
|
Apparel and Accessories |
|
|
|
|
Subsidiary |
|
|
Electric Utilities |
|
|
|
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Subsidiary |
|
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Retail (Apparel) |
|
|
|
|
Subsidiary |
|
|
Retail (Apparel) |
|
|
|
|
Subsidiary |
Sellent, |
|
Apparel and Accessories |
|
|
|
|
Subsidiary |
|
|
Retail (Apparel) |
|
|
|
|
Subsidiary |
|
|
Footwear |
|
|
|
|
Subsidiary |
|
|
Apparel and Accessories |
|
|
|
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Subsidiary |
Arcueil, Val-de-Marne |
|
Personal and Household Products |
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Subsidiary |
|
|
Retail (Apparel) |
|
|
|
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Subsidiary |
Cuauhtemoc, Colima |
|
Footwear |
|
|
|
|
Subsidiary |
|
|
Retail (Apparel) |
|
|
|
|
Subsidiary |
|
|
Retail (Apparel) |
|
|
|
|
Subsidiary |
|
|
Real Estate Operations |
|
|
|
|
Subsidiary |
|
|
Retail (Apparel) |
|
|
|
|
Subsidiary |
Tordera, |
|
Retail (Apparel) |
|
|
|
|
Subsidiary |
|
|
Textiles - Non Apparel |
|
|
|
|
Subsidiary |
|
|
Apparel and Accessories |
|
|
|
|
Subsidiary |
|
|
Retail (Apparel) |
|
|
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
|
|
Business Services |
|
|
|
|
Subsidiary |
|
|
Retail (Apparel) |
|
|
|
|
Subsidiary |
|
|
Retail (Apparel) |
|
|
|
|
Subsidiary |
|
|
Recreational Products |
|
|
|
|
Subsidiary |
|
|
Miscellaneous Transportation |
|
|
|
|
Subsidiary |
Tordera, |
|
Retail (Apparel) |
|
|
|
|
Subsidiary |
|
|
Retail (Apparel) |
|
|
|
|
Subsidiary |
Englos, Nord |
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Retail (Apparel) |
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Executive report
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Board of
Directors |
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Member Of The Board |
Director/Board Member |
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Member Of The Board |
Director/Board Member |
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Executives |
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President |
President |
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Secretary |
Administration Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Joint Attorney |
Legal Executive |
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Annual Profit & Loss
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31-Dec-2011 |
31-Dec-2009 |
31-Dec-2008 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate (Period
Average) |
0.71919 |
0.719047 |
0.683679 |
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Consolidated |
No |
No |
No |
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Charges |
291.6 |
212.3 |
233.3 |
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Supplies |
155.4 |
119.5 |
127.9 |
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Goods
Consumption |
147.3 |
113.8 |
119.5 |
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Consumption
of Raw Materials |
7.5 |
5.5 |
8.2 |
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Miscellaneous
External Expenditures |
0.6 |
0.2 |
0.2 |
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Staff Costs |
31.3 |
27.4 |
28.4 |
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Wages
and Salaries |
24.8 |
21.3 |
21.5 |
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Social
Security Costs |
6.5 |
6.1 |
6.9 |
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Depreciation |
10.8 |
9.6 |
8.7 |
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Allowance for
Trade Operations |
0.0 |
0.2 |
- |
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Variation
of Other Trade Provisions |
0.0 |
0.2 |
- |
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Other Operating
Charges |
66.0 |
51.5 |
57.3 |
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External
Services |
65.3 |
51.0 |
56.7 |
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Taxes |
0.7 |
0.5 |
0.5 |
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Other
Operating Expenses |
0.0 |
- |
0.1 |
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Operating
Benefits |
39.1 |
28.4 |
21.2 |
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Financials and
Similar Charges |
0.8 |
2.2 |
2.5 |
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Due
to Liabilities With Associated Companies |
0.8 |
2.2 |
2.5 |
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Due
to Other Liabilities |
0.0 |
0.0 |
0.0 |
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Changes in
Financial Investment Provisions |
23.7 |
- |
- |
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Exchange Losses |
- |
0.1 |
1.2 |
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Net Financial
Income |
- |
1.0 |
- |
|
Profit From
Ordinary Activities |
15.2 |
29.4 |
20.9 |
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Changes in
Provisions for Assets |
- |
-0.8 |
5.1 |
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Losses From Assets
and Securities Portfolio |
0.4 |
0.4 |
0.0 |
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Extraordinary
Expenses |
0.1 |
0.1 |
0.1 |
|
Expenses and
Losses From Previous Years |
- |
- |
0.4 |
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Extraordinary
Profit |
- |
0.4 |
- |
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Profit Before
Taxes |
14.7 |
29.8 |
15.5 |
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Corporation Tax |
3.1 |
2.2 |
1.7 |
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Financial Year
Result (Profit) |
11.6 |
27.6 |
13.8 |
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Income |
303.2 |
239.9 |
247.1 |
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Net Total Sales |
300.3 |
234.2 |
242.1 |
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Sales |
296.9 |
234.2 |
242.0 |
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Rendering
of Services |
3.4 |
- |
0.1 |
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Increase in Stocks |
- |
- |
0.0 |
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Miscellaneous
Operating Income |
2.2 |
2.3 |
1.4 |
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Auxiliary
Income From Current Management |
2.2 |
2.3 |
1.4 |
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Grants |
0.1 |
0.1 |
- |
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Charges
for Provisions |
- |
0.0 |
- |
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Income From Equity
Investment |
- |
3.3 |
3.2 |
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In
Group Companies |
- |
3.3 |
3.2 |
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Income From Other
Securities and Receivables |
- |
- |
0.0 |
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From
Group Companies |
- |
- |
0.0 |
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Income From
Miscellaneous Interests |
0.0 |
0.0 |
0.0 |
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Miscellaneous
Interests |
0.0 |
0.0 |
0.0 |
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Gains from
Exchange Rate |
0.6 |
- |
0.2 |
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Negative
Financial Results |
23.9 |
- |
0.3 |
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Extraordinary
Income |
- |
- |
0.1 |
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Negative
Extraordinary Results |
0.5 |
- |
5.4 |
Annual Balance
Sheet
Financials in: USD (mil)
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|
31-Dec-2011 |
31-Dec-2009 |
31-Dec-2008 |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.770327 |
0.696986 |
0.719399 |
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Consolidated |
No |
No |
No |
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Concessions,
Patents, Trademarks |
1.0 |
1.2 |
1.2 |
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Fees
Paid for Premises |
5.3 |
4.4 |
5.9 |
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Software |
- |
0.0 |
0.0 |
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Accumulated
Depreciation |
- |
- |
-1.4 |
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Total Intangible
Fixed Assets |
6.4 |
5.6 |
5.7 |
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Land
and Construction |
8.1 |
5.6 |
4.4 |
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Technical
Installations and Machinery |
34.3 |
44.8 |
66.7 |
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Other
Installations, Tools, and Furniture |
1.2 |
1.6 |
2.4 |
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Tangible
Fixed Assets Under Construction |
1.1 |
0.2 |
0.9 |
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Other
Tangible Assets |
0.2 |
0.3 |
0.5 |
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Provisions |
- |
- |
-0.8 |
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Accumulated
Depreciation |
- |
- |
-21.7 |
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Total Tangible
Fixed Assets |
45.0 |
52.5 |
52.2 |
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Investments
in Group Companies |
129.8 |
117.7 |
55.1 |
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Long-Term
Guarantees and Deposits |
3.0 |
2.9 |
2.6 |
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Provisions |
- |
- |
-5.0 |
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Financial Investments |
132.8 |
120.6 |
52.7 |
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Long-Term Trade
Receivables |
0.3 |
0.1 |
- |
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Total Fixed Assets |
184.4 |
178.9 |
110.6 |
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Deferred Expenses |
- |
- |
0.1 |
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Goods
for Resale |
34.6 |
27.3 |
39.3 |
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Total Stocks |
34.6 |
27.3 |
39.3 |
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Trade
Debtors |
2.2 |
0.2 |
9.4 |
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Receivables,
Group Companies |
10.1 |
11.2 |
0.5 |
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Other
Debtors |
0.9 |
0.2 |
0.5 |
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Staff |
0.0 |
0.0 |
0.0 |
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Public
Bodies |
6.0 |
1.6 |
1.9 |
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Total Debtors |
19.3 |
13.3 |
12.3 |
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Receivables
from Group Companies |
- |
2.0 |
- |
|
Other
Receivables |
- |
0.0 |
1.7 |
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Short-Term
Guarantees and Deposits |
- |
2.9 |
- |
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Total Short-Term
Investments |
- |
4.9 |
1.7 |
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Cash |
1.9 |
2.5 |
0.7 |
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Total Current Assets |
55.7 |
47.9 |
54.1 |
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Total Assets |
240.2 |
226.8 |
164.8 |
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Legal
Reserve |
1.4 |
1.6 |
1.5 |
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Miscellaneous
Reserves |
54.8 |
40.1 |
- |
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Capital
Adjustment to Euros |
- |
- |
22.9 |
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Total Reserves |
56.2 |
41.7 |
24.4 |
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Partners
Contribution to Loss Compensation |
1.4 |
1.5 |
- |
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Profit or Loss
Brought Forward |
1.4 |
1.5 |
- |
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Profit or Loss for
the Financial Year |
10.8 |
28.4 |
13.1 |
|
Interim Dividend
Paid |
- |
-14.3 |
- |
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Total Equity |
75.6 |
65.2 |
45.1 |
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Capital
Grants |
- |
- |
3.4 |
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Unrealised
Exchange Gains |
- |
- |
0.6 |
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Total Deferred Income |
- |
- |
4.0 |
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Other
Provisions |
1.1 |
0.1 |
0.3 |
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Total Provisions for Liabilities and
Charges |
1.1 |
0.1 |
0.3 |
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Long-Term
Payables to Public Bodies |
3.8 |
6.7 |
- |
|
Total Other
Creditors |
3.8 |
6.7 |
- |
|
Total Long Term Liabilities |
3.8 |
6.7 |
- |
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Loans
and Other Liabilities |
0.0 |
- |
- |
|
Total Amounts Owed
to Credit Institutions |
0.0 |
- |
- |
|
Amounts
Owed to Group Companies |
91.4 |
100.3 |
64.4 |
|
Total Short-Term
Amounts Owed to Group and Associa |
91.4 |
100.3 |
64.4 |
|
Advanced
Payments from Customers |
0.0 |
0.0 |
0.0 |
|
Amounts
Owed for Purchases of Goods or Services |
40.1 |
25.5 |
43.1 |
|
Total Trade
Creditors |
40.1 |
25.5 |
43.1 |
|
Public
Bodies |
4.0 |
3.1 |
3.4 |
|
Miscellaneous
Debts |
0.0 |
0.2 |
0.3 |
|
Wages
and Salaries Payable |
2.8 |
2.0 |
3.9 |
|
Total Other
Creditors |
6.9 |
5.3 |
7.5 |
|
Prepayments and
Accrued Income |
21.3 |
23.7 |
0.4 |
|
Total Short Term Creditors |
159.7 |
154.7 |
115.4 |
|
Total
Liabilities and Equity |
240.2 |
226.8 |
164.8 |
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 : |
MNL |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>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 |
|
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NB |
New Business |
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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.