MIRA INFORM REPORT

 

 

Report Date :

21.09.2012

 

IDENTIFICATION DETAILS

 

Name :

FRIESLANDCAMPINA RIEDEL BV -194320

 

 

Registered Office :

Frankeneng 12 6717AG Ede

 

 

Country :

Netherlands

 

 

Financials (as on) :

31.12.2011

 

 

Date of Incorporation :

02.07.2007

 

 

Com. Reg. No.:

09172592

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Manufacturer of fruit and vegetable juice

 

 

No. of Employees :

257 employees 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATIN

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 – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Netherlands

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Netherlands - ECONOMIC OVERVIEW

 

The Dutch economy is the fifth-largest economy in the euro-zone and is noted for its stable industrial relations, moderate unemployment and inflation, a sizable trade surplus, and an important role as a European transportation hub. Industrial activity is predominantly in food processing, chemicals, petroleum refining, and electrical machinery. A highly mechanized agricultural sector employs only 2% of the labor force but provides large surpluses for the food-processing industry and for exports. The Netherlands, along with 11 of its EU partners, began circulating the euro currency on 1 January 2002. After 26 years of uninterrupted economic growth, the Dutch economy - highly dependent on an international financial sector and international trade - contracted by 3.5% in 2009 as a result of the global financial crisis. The Dutch financial sector suffered, due in part to the high exposure of some Dutch banks to U.S. mortgage-backed securities. In 2008, the government nationalized two banks and injected billions of dollars of capital into other financial institutions, to prevent further deterioration of a crucial sector. The government also sought to boost the domestic economy by accelerating infrastructure programs, offering corporate tax breaks for employers to retain workers, and expanding export credit facilities. The stimulus programs and bank bailouts, however, resulted in a government budget deficit of 5.3% of GDP in 2010 that contrasted sharply with a surplus of 0.7% in 2008. The government of Prime Minister Mark RUTTE began implementing fiscal consolidation measures in early 2011, mainly reductions in expenditures, which resulted in an improved budget deficit of 3.8% of GDP.

Source : CIA

CONTACTINFORMATION

 

 

 

Company name

FrieslandCampina Riedel B.V.

Tradename

FrieslandCampina Riedel B.V.

FrieslandCampina Benelux

FrieslandCampina Riedel

FrieslandCampina Corporate Procurement

FrieslandCampina Innovation

FrieslandCampina Branded Netherlands / Belgium

FrieslandCampina Branded Netherlands

Address

Frankeneng 12 6717AG Ede Netherlands

Mail address

Postbus 64

6710BB Ede Netherland

Telephone number

0318679911

Telefax number

0318665401

E-mail address

info@frieslandcampina.com

Website

www.frieslandcampina.com

VAT number / RSIN

818387828

Branch(es)

FrieslandCampina Riedel B.V. (09172592.0001) Vening Meineszstraat 4 6717AJ EDE GLD

FrieslandCampina Riedel B.V. (09172592.0002) Frankeneng 12

6717AG EDE GLD

 

 

History                                      TRAVERSE 2

3905 NL VEENENDAAL

Tot: 7-4-2011

HORAPARK 4

6717 LZ EDE GLD

Tot: 25-9-2008

 


COMPANY INFORMATION

 

 

 

Handelsregisternummer

09172592

Registered in

Chamber of commerce Centraal Gelderland

First registration

02-07-2007

Act of foundation

30-06-2007

Date of constitution

01-07-2007

Last change in statutes

22-10-2009

Legal form

Besloten Vennootschap (Limited Company)

Place of constitution

Amersfoort

Capital

EUR 2.500.000

Issued capital

EUR 500.000

Paid up capital

EUR 500.000

 

 

NACE-code                   Manufacture of fruit and vegetable juice (1532)

 

SBI-code                       Manufacture of fruit and vegetable juice (1032)

Manufacture of soft drinks; production of mineral waters and other bottled waters (1107)

 

Formal objective             De productie van, marketing van en de sales van sappen, sappengerelateerde

producten, fris- dranken, snacks, zuivel en zuivelgerelateerde producten

 

Employees

Total: 257

Employees group

Group: 19036

Employees according to CoC

Chamber of commerce: 257

 

COMPANY STRUCTURE

 

 

 

Shareholder

FrieslandCampina Netherlands Holding B.V.

 

Stationsplein 4

 

3818LE AMERSFOORT

 

Netherlands

 

KvK: 18039614

 

Active since: 31-12-2009

 

Percentage: 100.00%

Ultimate parent company

Zuivelcooperatie FrieslandCampina UA

 

Stationsplein 4

 

3818LE AMERSFOORT

 

KvK: 11024221

Holding company

FrieslandCampina Netherlands Holding B.V.

 

Stationsplein 4

 

KvK: 18039614

 


Affiliated companies                   FrieslandCampina Participations B.V.

Stationsplein 4

3818LE AMERSFOORT

KvK: 01037390

 

FrieslandCampina Kaaspakhuizen B.V.

Frisaxstraat 4

8471ZW WOLVEGA

KvK: 01085277

 

FrieslandCampina Waterzuivering Beheer B.V.

Frisaxstraat 4

8471ZW WOLVEGA

KvK: 01089345

 

FrieslandCampina Kievit B.V.

Oliemolenweg 4

7944HX MEPPEL

KvK: 01123235

 

FrieslandCampina Domo B.V.

Stationsplein 4

3818LE AMERSFOORT

KvK: 01164917

 

Polderland Zuivel B.V.

Traverse 2

3905NL Veenendaal

KvK: 06043724

 

FrieslandCampina Creamy Creation B.V.

Hoogeindsestraat 31

5447PE RIJKEVOORT

KvK: 06047328

 

Consalac B.V.

Stationsplein 4

3818LE AMERSFOORT

KvK: 08039648

 

Mupol B.V.

Hogeweg 9

5301LB ZALTBOMMEL

KvK: 09090066

 

FrieslandCampina Employees B.V.

Frisaxstraat 4

8471ZW WOLVEGA

KvK: 11025399


FrieslandCampina Cheese & Butter B.V.

Stationsplein 4

3818LE Amersfoort

KvK: 31016313

 

FrieslandCampina Consumer Products International B.V.

Pieter Stuyvesantweg 1

8937AC LEEUWARDEN

KvK: 11057383

 

FrieslandCampina Consumer Products Europe B.V.

Stationsplein 4

3818LE AMERSFOORT

KvK: 11057384

 

FrieslandCampina Dairy Feed B.V.

Low Landstraat 7

5462GJ VEGHEL

KvK: 11057385

 

FrieslandCampina DMV B.V.

N.C.B.-laan 80

5462GE VEGHEL

KvK: 11057386

 

FrieslandCampina Valess B.V.

Stationsplein 4

3818LE AMERSFOORT

KvK: 18076078

 

Kaashandel Culemborg B.V.

Industriestraat 14

3371XD HARDINXVELD-GIESSENDAM

KvK: 23078916

 

FrieslandCampina Netherlands B.V.

Stationsplein 4

3818LE AMERSFOORT

KvK: 27116160

 

Zutrans B.V.

Frisaxstraat 4

8471ZW WOLVEGA

KvK: 30144920

 

Bomeka B.V.

Blankenstein 142

7943PE MEPPEL

KvK: 32061627


Liability declaration

Friesland Foods B.V. (01070162)

Stationsplein 4

3818LE AMERSFOORT

Koninklijke FrieslandCampina N.V. (11057544)

Stationsplein 4

3818LE AMERSFOORT

 

 

Bank                                        ABN Amro Bank NV

 

 

MANAGEMENT

 

Management                 FrieslandCampina Netherlands Holding B.V.

Stationsplein 4

3818LE AMERSFOORT

Netherlands

KvK: 18039614

Authorization: Fully authorized

Position: Manager

Date appointed: 01-01-2010

 

F. Rijna

Freek

Authorization: Limited authorization

Position: Managing Director

Date appointed: 01-07-2007

Date of birth: 21-09-1955

Other directorships:

- Manager: Koninklijke FrieslandCampina N.V. - AMERSFOORT (KvK: 11057544)

- Proxy: FrieslandCampina Consumer Products Europe B.V. - ROTTERDAM (KvK:

11057384)

 

E.J. Bisschoff

Erwin Johannes

Authorization: Limited authorization

Position: Proxy

Date appointed: 24-06-2010

Date of birth: 03-01-1962

 

C.G.F. Buiks

Cornelis Gerardus Franciscus

Authorization: Limited authorization

Position: Proxy

Date appointed: 01-07-2011

Date of birth: 06-07-1971


S. Bulthuis

Stefan

Authorization: Limited authorization

Position: Proxy

Date appointed: 24-06-2010

Date of birth: 19-06-1973

Other directorships:

- Proxy: FrieslandCampina Consumer Products Europe B.V. - ROTTERDAM (KvK:

11057384)

 

T.E. Couplez

Thierry Edgard

Authorization: Limited authorization

Position: Proxy

Date appointed: 24-06-2010

Date of birth: 11-01-1959

Other directorships:

- Proxy: FrieslandCampina Consumer Products Europe B.V. - ROTTERDAM (KvK:

11057384)

 

S.G. van den Berg

Sebastiaan Gijsbertus

Authorization: Limited authorization

Position: Proxy

Date appointed: 01-05-2012

Date of birth: 14-05-1968

 

J. van der Borst

Johannes

Authorization: Limited authorization

Position: Proxy

Date appointed: 24-06-2010

Date of birth: 29-05-1960

 

W.B. van Dijken

Wilco Berend

Authorization: Limited authorization

Position: Proxy

Date appointed: 01-05-2012

Date of birth: 23-01-1976

 

W.H. de Graaf

Winette Hendrika

Authorization: Limited authorization

Position: Proxy

Date appointed: 30-03-2010

Date of birth: 15-05-1975

Other directorships:

- Proxy: FrieslandCampina Employees B.V. - WOLVEGA (KvK: 11025399)


P.J.M. Haasen

Petrus Johannes Maria

Authorization: Limited authorization

Position: Proxy

Date appointed: 01-07-2011

Date of birth: 01-11-1968

 

J. Hagedorn Jürgen

Authorization: Limited authorization

Position: Proxy

Date appointed: 01-05-2012

Date of birth: 02-03-1968

 

E.S.J.J. van Huisstede

Eric Serge Jelle Johan

Authorization: Limited authorization

Position: Proxy

Date appointed: 01-07-2007

Date of birth: 10-02-1972

 

N. Kist

Nicole

Authorization: Limited authorization

Position: Proxy

Date appointed: 01-02-2012

Date of birth: 28-05-1982

 

S. Kokke

Sander

Authorization: Limited authorization

Position: Proxy

Date appointed: 01-01-2011

Date of birth: 14-03-1976

L.J.P.E. Kouijzer

Leontien Johannes Philomena El

Authorization: Limited authorization

Position: Proxy

Date appointed: 01-07-2011

Date of birth: 09-12-1976

 

I. Mannaerts - Oerlemans

Irene

Authorization: Limited authorization

Position: Proxy

Date appointed: 01-11-2011

Date of birth: 20-04-1971

R.M. Noordermeer

 


Raymond Maurice

Authorization: Limited authorization

Position: Proxy

Date appointed: 01-07-2007

Date of birth: 27-07-1964

 

K. Potkamp

Klaas

Authorization: Limited authorization

Position: Proxy

Date appointed: 01-05-2012

Date of birth: 17-07-1967

 

H.L.T. Raijmakers

Henricus Ludwig Theodorus

Authorization: Limited authorization

Position: Proxy

Date appointed: 22-10-2010

Date of birth: 02-07-1975

 

B.A.A.A. Roelofs - Nissen

Bas Anthonius Adrianus Alphons

Authorization: Limited authorization

Position: Proxy

Date appointed: 01-05-2012

Date of birth: 30-11-1973

 

B.C.F. Spelbos

Bernd Clemens Franciscus

Authorization: Limited authorization

Position: Proxy

Date appointed: 01-06-2012

Date of birth: 06-02-1967

 

J.H.H. Statz

Johann Hermann Hubertus

Authorization: Limited authorization

Position: Proxy

Date appointed: 06-09-2010

Date of birth: 25-12-1952

 

J.A.D. Thewissen

Job Andreas David

Authorization: Limited authorization

Position: Proxy

Date appointed: 06-06-2011

Date of birth: 17-02-1966

 


C. de Vries

Cornelis

Authorization: Limited authorization

Position: Proxy

Date appointed: 14-01-2011

Date of birth: 27-10-1964

 

 

PAYMENT INFORMATION

 

Payment experiences     There are no payment experiences known

Payments Based on multiple payment experiences up to € 50.000

·         Quarter: 4 2011: 59 Average days

Quarter: 1 2012: 46 Average days

Quarter: 2 2012: 47 Average days

Quarter: 3 2012: 41 Average days

 

 

 

invoices

current quarter

2012 Q2

2012 Q1

2011 Q4

Total

97

100%

339.354

366.568

338.818

371.514

Within terms

59

73,3%

248.609

221.365

207.742

166.875

Delayed 0 - 30

33

26,7%

90.745

100.828

131.076

144.520

Delayed 31 - 60

3

0,0%

 

44.375

 

26.625

Delayed 61 - 90

2

0,0%

 

 

 

33.494

Delayed 91 - 120

 

 

 

 

 

 

Delayed 120+ days

 

 

 

 

 

 

 

 

FINANCIAL INFORMATION

 

 

 

Type of publication

Consolidated

Annual accounts van

Koninklijke FrieslandCampina N.V.

 

Stationsplein 4

 

3818LE AMERSFOORT

 

KvK: 11057544

Publication

Steady

 

 

CORE FIGURES

 

 

 

BOOKYEAR

2011

2010

2009

Quick ratio

0,77

0,69

1,16

Current ratio

1,30

1,18

1,16

Nett workingcapital / Balance total

0,11

0,07

0,06

Capital and reserves / Balance total

0,37

0,37

0,37

Capital and reserves / Fixed assets

0,69

0,68

0,64

Solvency

0,62

0,62

0,58

Nett workingcapital

606.000.000

363.000.000

271.000.000

Capital and reserves

2.148.000.000

1.961.000.000

1.749.000.000

Change capital and reserves

9,54%

12,12%

275,32%

change short term liabilities

-1,40%

18,68%

-21,15%

Nett Turnover

9.646.000.000

8.992.000.000

8.187.000.000

Operating profit

403.000.000

434.000.000

258.000.000

 

Annual accounts                        The published financial information is the consolidated group information.

Last annual accounts                 2011

 

Type of publication                     Consolidated

Turnover                                    2011: 9.646.000.000

2010: 8.992.000.000

2009: 8.187.000.000

2008: 9.481.000.000

2007: 9.008.000.000

 

Gross profit                               2007: 3.016.000.000

 

Operating profit                          2011: 403.000.000

2010: 434.000.000

2009: 258.000.000

2008: 248.000.000

2007: 373.000.000

Result after taxes                       2011: 216.000.000

2010: 230.000.000

2009: 182.000.000

2008: 109.000.000

2007: 256.000.000

Capital and reserves                   2011 2.148.000.000

Total debt                                  2011 3.450.000.000

Current ratio                              2011 1,30

Quick ratio                                2011 0,77

Nett workingcapital                     2011 606.000.000

 

Profitability                                More than sufficient

Solvency                                   Positive

Liquidity                                    Moderate

 

 

 

 

 


Balance sheet

 

BOOKYEAR

2011

2010

2009

End of bookyear

31-12-2011

31-12-2010

31-12-2009

Other intangible assets

 

233.000.000

 

Intangible assets

945.000.000

233.000.000

 

Machinery

 

903.000.000

 

Tangible assets

1.660.000.000

2.398.000.000

 

Financial assets

486.000.000

234.000.000

 

Fixed assets

3.091.000.000

2.865.000.000

2.754.000.000

 

Stocks and work in progress

1.085.000.000

1.005.000.000

 

Trade debtors

964.000.000

1.088.000.000

 

Other amounts receivable

179.000.000

49.000.000

 

Accounts receivable

1.143.000.000

1.137.000.000

 

Liquid assets

420.000.000

292.000.000

 

Other current assets

 

 

2.012.000.000

Deferred charges and accrued income

 

 

4.000.000

Current assets

2.648.000.000

2.434.000.000

2.016.000.000

Total assets

5.739.000.000

5.299.000.000

4.770.000.000

 

Minority interest

116.000.000

110.000.000

 

Capital and reserves

2.148.000.000

1.961.000.000

1.749.000.000

Provisions

25.000.000

45.000.000

 

other long term debts

 

1.112.000.000

 

Long term liabilities

1.408.000.000

1.112.000.000

1.276.000.000

Other short term debts

1.199.000.000

2.071.000.000

 

Total short term debt

2.042.000.000

2.071.000.000

1.745.000.000

Total debt

3.450.000.000

3.183.000.000

3.021.000.000

Total Liabilities

5.739.000.000

5.299.000.000

4.770.000.000

 

PROFIT & LOSS ACCOUNT

 

 

 

BOOKYEAR

2011

2010

2009

Turnover

9.626.000.000

8.972.000.000

8.160.000.000

Other operating income

20.000.000

20.000.000

27.000.000

Nett Turnover

9.646.000.000

8.992.000.000

8.187.000.000

Wages employees

 

817.000.000

 

Depreciation and amortization

 

210.000.000

 

Raw materials

 

5.779.000.000

 

Other operating charges

 

1.752.000.000

 

Operating charges

9.243.000.000

8.558.000.000

7.929.000.000

Operating profit

403.000.000

434.000.000

258.000.000

Financial income

34.000.000

53.000.000

11.000.000

Financial charges

106.000.000

109.000.000

70.000.000

Financial result

-72.000.000

-56.000.000

-59.000.000

Result participations

13.000.000

 

21.000.000

Result before taxes

344.000.000

378.000.000

220.000.000

Income taxes

128.000.000

93.000.000

38.000.000

Result after taxes

216.000.000

285.000.000

182.000.000

Nett result

216.000.000

230.000.000

182.000.000

Income attributable to minority interest

 

-55.000.000

 

 

 

History

 

Liability statements

Per 24-01-2011 filed a declaration of liability by Koninklijke FrieslandCampina N.V..

Per 26-05-2010 filed a withdrawal of declaration of liability by Friesland Foods B.V..

Per 26-05-2010 filed a withdrawal of declaration of liability by Friesland Foods B.V..

Per 29-11-2007 filed a declaration of liability by Friesland Foods B.V..

 

Consent statements

Over bookyear 2011 a consent agreement is filed

Over bookyear 2010 a consent agreement is filed

Over bookyear 2007 a consent agreement is filed

Over bookyear 2008 a consent agreement is filed

Over bookyear 2009 a consent agreement is filed

 

Management

Per 01-06-2012 is Proxy Bernd Clemens Franciscus Spelbos appointed.

Per 01-05-2012 is Proxy Sebastiaan Gijsbertus van den Berg appointed.

Per 01-05-2012 is Proxy Jürgen Hagedorn appointed.

Per 01-05-2012 is Proxy Wilco Berend van Dijken appointed.

Per 01-05-2012 is Proxy Klaas Potkamp appointed.

Per 01-05-2012 is Proxy Bas Anthonius Adrianus Alphonsius Roelofs-Nissen appointed.

Per 01-05-2012 is Proxy Robert Nicolaas Emile Teijink out of office.

Per 01-05-2012 is Proxy Patrick Leo Simone Reekmans out of office.

Per 01-02-2012 is Proxy Nicole Kist appointed.

Per 01-02-2012 is Proxy Ronald Casper Armand Westenberg out of office.

Per 01-11-2011 is Proxy Irene Mannaerts-Oerlemans appointed.

Per 01-07-2011 is Proxy Cornelis Gerardus Franciscus Buiks appointed.

Per 01-07-2011 is Proxy Leontien Johannes Philomena Elly Kouijzer appointed.

Per 15-08-2011 is Proxy Baukje Ibelle de Boer out of office.

Per 01-07-2011 is Proxy Petrus Johannes Maria Haasen appointed.

Per 01-07-2011 is Proxy Johannes Herman Dominicus Habets out of office.

Per 18-07-2011 is Proxy Marijke de Ridder out of office.

Per 06-06-2011 is Proxy Job Andreas David Thewissen appointed.

Per 01-01-2011 is Proxy Sander Kokke appointed.

Per 01-01-2011 is Proxy Ruud Claassen out of office.

Per 14-01-2011 is Proxy Cornelis de Vries appointed.

Per 21-12-2010 is Proxy Ruud Claassen appointed.

Per 10-12-2010 is Proxy Hendrik Jan Heij out of office.

Per 22-10-2010 is Proxy Henricus Ludwig Theodorus Raijmakers appointed.

Per 11-10-2010 is Proxy Yvette Miriam van de Meerakker-Opsteeg out of office.

Per 01-10-2010 is Proxy Antje Hoitje Zwierenberg-Kuik out of office.

Per 06-09-2010 is Proxy Ronald Casper Ar

Per 09-06-2010 is Proxy Hendrik Jan Heij out of office.

Per 20-04-2010 is Proxy Acronius Tjebbe Jozef Hettinga out of office.

Per 30-03-2010 is Proxy Winette Hendrika de Graaf appointed.

Per 01-01-2010 is Proxy Marijke de Ridder appointed.

Per 01-01-2010 is Proxy Antje Hoitje Zwierenberg-Kuik appointed.

Per 01-01-2010 is Proxy Baukje Ibelle de Boer appointed.

Per 01-01-2010 manager 18039614 FrieslandCampina Netherlands Holding B.V. appointed.

Per 01-01-2010 manager 01070162 Friesland Foods B.V. out of office.

Per 01-01-2010 manager Freek Rijna out of office.

 

Modifications

Per 22-10-2009 statutes modified. Per 22-10-2009 name changed to: FrieslandCampina

Riedel B.V..

Office changed to: Amersfoort.

 

 

Company structure

 

Zuivelcoöperatie FrieslandCampina UA (11024221)

AMERSFOORT

 

Koninklijke FrieslandCampina N.V. (11057544)

AMERSFOORT

Subsidiary

 

Friesland Brands B.V. (01070163)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina International Holding B.V. (11031866)

Amersfoort

Subsidiary (100%)

 

FrieslandCampina Hungary Holding B.V. (01022069)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina Nigeria Holding B.V. (01040414)

AMERSFOORT

Subsidiary (100%)

 

Handelsonderneming van Muyden en Piek B.V. (01047595)

AMERSFOORT

Subsidiary (100%)

 

K.H. de Jong's Exporthandel B.V. (01055119)

WOLVEGA

Subsidiary (100%)

 

FrieslandCampina Hong Kong Holding B.V. (01068203)

AMERSFOORT

Subsidiary (100%)

FrieslandCampina DLMI Malaysia Holding B.V. (01068204)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina CPI China Holding B.V. (01068788)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina Singapore Holding B.V. (01068817)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina Vietnam Holding B.V. (01068884)

AMERSFOORT

Subsidiary (100%)

 

Frint Beheer VI B.V. (01069205)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina Ghana Holding B.V. (01069777)

AMERSFOORT

Subsidiary (100%)

 

Frint Beheer IX B.V. (01069778)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina Hellas Holding B.V. (01070277)

AMERSFOORT

Subsidiary (100%)

 

Frint Beheer XIV B.V. (01070279)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina BDU Malaysia Holding B.V. (01070280)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina Romania Holding B.V. (01072019)

AMERSFOORT

Subsidiary (100%)

 

Frint Beheer XVII B.V. (01072020)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina Australia Holding B.V. (01072021)

AMERSFOORT

Subsidiary (100%)


FrieslandCampina Philippines Holding B.V. (01077035)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina Ingredients China Holding B.V. (01077036)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina SCAP Malaysia Holding B.V. (01077038)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina Singapore Holding II B.V. (01078621)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina Domo Malaysia Holding B.V. (01078622)

AMERSFOORT

Subsidiary (100%)

 

Feh Beheer III B.V. (01078623)

AMERSFOORT

Subsidiary (100%)

 

Feh Beheer IV B.V. (01078624)

AMERSFOORT

Subsidiary (100%)

 

Feh Beheer V B.V. (01078625)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina Cheese Trading USA B.V. (04060670)

WOLVEGA

Subsidiary (100%)

 

FrieslandCampina Thailand Holding B.V. (04060671)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina Betagen Holding B.V. (04060672)

AMERSFOORT

Subsidiary (100%)

 

Campina Beheer Romania B.V. (06051624)

AMERSFOORT

Subsidiary (100%)

 

DMV Japan B.V. (11059332)

AMERSFOORT

Subsidiary (100%)


Hollandse Blikmelk Internationaal Holland Canned Milk International B.V. (16034618)

AMERSFOORT

Subsidiary (100%)

 

DMV USA B.V. (16038009)

AMERSFOORT

Subsidiary (100%)

 

Bontje Kaas B.V. (23080432)

WOLVEGA

Subsidiary (100%)

 

FrieslandCampina Chile Holding B.V. (30196207)

AMERSFOORT

Subsidiary (100%)

 

B.V. Hollandsche Melksuikerfabriek (35001975)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina Netherlands Holding B.V. (18039614)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina Participations B.V. (01037390)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina Kaaspakhuizen B.V. (01085277)

WOLVEGA

Subsidiary (100%)

 

FrieslandCampina Waterzuivering Beheer B.V. (01089345)

WOLVEGA

Subsidiary (100%)

 

FrieslandCampina Kievit B.V. (01123235)

MEPPEL

Subsidiary (100%)

 

FrieslandCampina Domo B.V. (01164917)

AMERSFOORT

Subsidiary (100%)

 

Polderland Zuivel B.V. (06043724)

Veenendaal

Subsidiary (100%)


FrieslandCampina Creamy Creation B.V. (06047328)

RIJKEVOORT

Subsidiary (100%)

 

Consalac B.V. (08039648)

AMERSFOORT

Subsidiary (100%)

 

Mupol B.V. (09090066)

ZALTBOMMEL

Subsidiary (100%)

 

FrieslandCampina Riedel B.V. (09172592)

Ede

Subsidiary (100%)

 

FrieslandCampina Employees B.V. (11025399)

WOLVEGA

Subsidiary (100%)

 

Association Industriewater (17146714)

'S-HERTOGENBOSCH

Management relation

 

FrieslandCampina Cheese & Butter B.V. (31016313)

Amersfoort

Subsidiary (100%)

 

FrieslandCampina Consumer Products International B.V. (11057383)

LEEUWARDEN

Subsidiary (100%)

 

FrieslandCampina Consumer Products Europe B.V. (11057384)

AMERSFOORT

Subsidiary (100%)

 

FrieslandCampina Dairy Feed B.V. (11057385)

VEGHEL

Subsidiary (100%)

 

Foundation "De Schothorst (41188144)

LELYSTAD

Management relation

 

FrieslandCampina DMV B.V. (11057386)

VEGHEL

Subsidiary (100%)

 

FrieslandCampina Valess B.V. (18076078)

AMERSFOORT

Subsidiary (100%)


Kaashandel Culemborg B.V. (23078916)

HARDINXVELD-GIESSENDAM

Subsidiary (100%)

 

FrieslandCampina Netherlands B.V. (27116160)

AMERSFOORT

Subsidiary (100%)

 

Zutrans B.V. (30144920)

WOLVEGA

Subsidiary (100%)

 

Bomeka B.V. (32061627)

MEPPEL

Subsidiary (100%)


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.34

UK Pound

1

Rs.87.91

Euro

1

Rs.70.57

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

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

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

----

NB

New Business

----

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.