|
Report Date : |
13.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
ABB SWITZERLAND LTD. |
|
|
|
|
Registered Office : |
Brown Boveri
Strasse 6, 5400 Baden/AG |
|
|
|
|
Country : |
Switzerland |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
17.01.1990 |
|
|
|
|
Com. Reg. No.: |
400.3.008.861-1
/ 329381 |
|
|
|
|
Legal Form : |
Company limited
by shares |
|
|
|
|
Line of Business : |
Manufacture of other electrical equipment |
|
|
|
|
No. of Employees : |
6'000-7'999
(Group) |
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 : |
Good |
|
Payment Behaviour : |
Regular |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Switzerland - ECONOMIC OVERVIEW
Switzerland is a peaceful, prosperous, and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies. The Swiss have brought their economic practices largely into conformity with the EU's, to enhance their international competitiveness, but some trade protectionism remains, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of all Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled export demand and put Switzerland in a recession. The Swiss National Bank (SNB) during this period effectively implemented a zero-interest rate policy to boost the economy as well as prevent appreciation of the franc, and Switzerland's economy recovered in 2010 with 2.7% growth. The sovereign debt crises currently unfolding in neighboring euro-zone countries pose a significant risk to Switzerland's financial stability and are driving up demand for the Swiss franc by investors seeking a safehaven currency. The independent SNB has upheld its zero-interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell to 2.1% in 2011. Switzerland has also come under increasing pressure from individual neighboring countries, the EU, the US, and international institutions to reform its banking secrecy laws. Consequently, the government agreed to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The government has renegotiated its double taxation agreements with numerous countries, including the US, to incorporate the OECD standard, and in 2011 it reached deals with Germany and the UK to resolve outstanding issues, particularly the possibility of imposing taxes on bank deposits held by foreigners. These steps will have a lasting impact on Switzerland's long history of bank secrecy.
|
Source : CIA |
ABB
Schweiz AG
Operating address:
Brown Boveri Strasse 6
5400 Baden/AG
Switzerland/CH
Telephone: 058
5850000
Fax: 058
5850100
Web site: http://www.abb.ch
E-mail: info@ch.abb.com
VAT-No.: CHE-101.538.426
Established: 1990
Line of Business: Electro
technology
Industry Division: Manufacturing
Industry-code (NACE): 2790 Manufacture of
other electrical equipment
Import/Export: Export
Quality certification: ISO 9001
Banks: UBS
Ltd
Coverage: Group
Employees: 6'000-7'999
Sales: CHF
2-4 Bil
The company mainly
focuses on the two core businesses energy and automation technologies supplying
systems and total solutions for utilities and industrial enterprises.
Real Estate: The
company owns extensive property.
Company No: 400.3.008.861-1
/ 329381
Legal form: Company
limited by shares
Registration: 17.01.1990
Legal status: active
Responsible Register: Handelsregister des Kantons Aargau
History: Date
of Statutes: 15.05.1998
Date of Statutes: 14.12.1992
Date of Statutes: 12.09.2003
Date of Statutes: 11.12.2001
Date of Statutes: 28.02.1994
Date of Statutes: 22.12.1993
Date of Incorporation Statutes: 10.01.1990
Date of Statutes: 04.06.2007
Entry Deleted Name
active ABB
Schweiz AG
active ABB
Switzerland Ltd (Name translated)
active ABB
Suisse SA (Name translated)
Entry Deleted Legal domicile
active Baden,
Switzerland
Entry Deleted Address
active Brown
Boveri Strasse 6, 5400 Baden/AG, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 55'000'000, paidup CHF 55'000'000
Entry Deleted Capital Structure
active 550'000
Registered shares of CHF 100.--
Entry Deleted Activity (original Language)
27.06.2007 Entwicklung,
Projektierung, Herstellung, Installation und Vertrieb von sowie Handel mit Anlagen,
Systemen, Maschinen, Apparaten und technischen Erzeugnissen irgendwelcher Art
auf dem Gebiet insbesondere der Energie- und Automationstechnik, Erbringung von
Dienstleistungen insbesondere in den Bereichen Forschung, Entwicklung,
Informationstechnologie, Kommunikation sowie Management-und
Geschäftsunterstützung, und nimmt die Interessen der ABB Ltd, Zürich, in der
Schweiz wahr; kann Grundstücke erwerben, Zweigniederlassungen gründen und sich
an anderen Gesellschaften beteiligen; kann Finanzierungsgeschäfte tätigen und
kann auch für Verpflichtungen ihrer Aktionäre und von verbundenen
Gesellschaften Sicherheiten insbesondere in Form von Garantien, Pfändern,
Globalzessionen, Sicherungsübereignungen, Sicherungsabtretungen und
Schadloshaltungserklärungen stellen.
Entry Deleted Remarks (original Language)
active Publishing
authority: SHAB.
active Business
place (-s): Fabrikstrasse 3 und 9, 5600 Lenzburg.
active Business
place (-s): Austrasse, 5300 Turgi.
active Business
place (-s): Zentralstrasse, 5242 Birr.
active Business
place (-s): avenue de Cour, 1007 Lausanne.
active Business
place (-s): Eduard-Imhofstrasse 4, Toro 2, 8050 Zürich.
active Business
place (-s): Jurastrasse 45, Bahnhof TH 10, 5430 Wettingen.
active Business
place (-s): Jurastrasse 45, Bahnhof TH 10, 5430 Wettingen.
active Business
place (-s): Fullachstrasse 150, 8201 Schaffhausen.
active Business
place (-s): Segelhof, 5405 Baden-Dättwil.
active Business
place (-s): Badenerstrasse 780, 8048 Zürich.
active Business
place (-s): Brown Boveri-Strasse 5, 8050 Zürich.
active Business
place (-s): Badenerstrasse 790, 8048 Zürich.
active Business
place (-s): Via Boschina 5, 6963 Pregassona.
active Business
place (-s): Herbergstrasse 21, 9524 Zuzwil.
active Reports:
Mitteilungen an die Aktionäre erfolgen brieflich.
active Merger:
Die Gesellschaft übernimmt bei der Kapitalerhöhung vom 28.02.1994 die "ABB
Process Automation AG", in Baden, durch Fusion gemäss Art. 748 OR. Aktiven
von CHF 158'082'273.92 und Passiven von CHF 134'994'131.75 gehen gemäss
Fusionsbilanz per 01.01.1994 durch Universalsukzession auf die Gesellschaft
über; der Erhöhungsbetrag wurde entsprechend dem Fusionsvertrag liberiert. Die
Aktionäre der übernommenen Gesellschaft erhalten dafür 100'000 voll liberierte
Namenaktien zu CHF 100.-- der übernehmenden Gesellschaft.
active Merger:
Die Gesellschaft übernimmt auf dem Wege der Fusion gemäss Art. 748 OR und
gestützt auf die Fusionsverträge vom 11.12.2001 und Fusionsbilanzen per
31.10.2001 durch Universalsukzession Aktiven von CHF 41'860'902.72 und Passiven
von CHF 36'538'013.29 der "ABB Business Services Ltd", in Baden,
Aktiven von CHF 14'918'138.43 und Passiven von CHF 12'065'799.83 der "ABB
Corporate Research AG", in Baden, Aktiven von CHF 25'307'953.23 und
Passiven von CHF 16'324'675.65 der "ABB Low Voltage Power AG", in
Lenzburg, Aktiven von CHF 252'443'846.19 und Passiven von CHF 200'596'350.27
der "ABB Power Automation AG", in Baden, Aktiven von CHF
190'666'997.85 und Passiven von CHF 215'265'526.36 der "ABB Semiconductors
AG", in Baden, Aktiven von CHF 31'431'583.12 und Passiven von CHF
24'069'918.71 der "ABB Unifer AG", in Birr, Aktiven von CHF
20'347'497.75 und Passiven von CHF 10'996'072.27 der "ABB CMC Carl Maier
AG", in Schaffhausen, Aktiven von CHF 11'550'026.73 und Passiven von CHF
8'950'260.28 der "ABB Flexible Automation AG", in Zürich, Aktiven von
CHF 505'636'663.03 und Passiven von CHF 386'636'324.92 der "ABB
Hochspannungstechnik AG", in Zürich, sowie Aktiven von CHF 31'602'755.33
und Passiven von CHF 21'765'294.26 der "ABB Normelec AG", in Zürich.
Da die Aktionäre der übernehmenden Gesellschaft und die Aktionäre der
übernommenen Gesellschaften identisch sind, erlöschen die Aktien der
übernommenen Gesellschaften und das Aktienkapital der übernehmenden Gesellschaft
bleibt unverändert.
active Merger:
Die Gesellschaft übernimmt auf dem Wege der Fusion die "ENTRELEC SWISS
SA", in Belfaux. Aktiven von CHF 1'090'521.-- und Passiven von CHF
662'295.-- gehen gemäss Fusionsvertrag per 20.08.2002 und Fusionsbilanz per 01.04.2002
durch Universalsukzession auf die Gesellschaft über. Da die Aktionäre beider
Gesellschaften identisch sind, erlöschen diese Aktien und das Grundkapital der
übernehmenden Gesellschaft bleibt unverändert.
active Merger:
Die Gesellschaft übernimmt auf dem Wege der Fusion gemäss Art. 748 OR die
"SKYVA Schweiz AG", in Hägendorf. Aktiven von CHF 11'301'617.-- und
Passiven von CHF 10'858'617.-- gehen gemäss Fusionsvertrag vom 28.05.2003 und
Fusionsbilanz per 01.01.2003 durch Universalsukzession auf die Gesellschaft
über. Da die Aktionäre beider Gesellschaften identisch sind, erlöschen die
Aktien der übernommenen Gesellschaft und das Aktienkapital der übernehmenden
Gesellschaft bleibt unverändert.
active Merger:
Die Gesellschaft übernimmt auf dem Wege der Fusion die ABB New Ventures AG, in
Zürich. Aktiven von CHF 6'309'938.93 und Passiven (Fremdkapital) von CHF
6'210'200.49 gehen gemäss Fusionsvertrag vom 20.06.2003 und Fusionsbilanz per
01.01.2003 durch Universalsukzession auf die Gesellschaft über. Da die
Aktionäre beider Gesellschaften identisch sind, erlöschen die Aktien der
übernommenen Gesellschaft, und das Aktienkapital der der übernehmenden
Gesellschaft bleibt unverändert.
active Merger:
Die Gesellschaft übernimmt die Micafil AG, in Zürich (CHE-107.362.143), gemäss
Fusionsvertrag vom 14.06.2004 und Bilanz per 01.01.2004. Aktiven von CHF
22'756'511.99 und Passiven von CHF 20'387'724.58 gehen durch Universukzession
auf die übernehmende Gesellschaft über. Da die Aktionäre beider Gesellschaften
identisch sind, erlöschen die Aktien der übernommenen Gesellschaft, und das
Grundkapital der übernehmenden Gesellschaft bleibt unverändert.
active Merger:
Übernahme der Aktiven und Passiven der "Levy fils AG", in Basel
(CHE-107.731.973), gemäss Fusionsvertrag vom 21.10.2004 und Bilanz per
01.10.2004. Aktiven von CHF 6'422'177.96 und Passiven (Fremdkapital) von CHF
5'988'236.66 gehen auf die übernehmende Gesellschaft über. Da dieselben
Aktionäre sämtliche Aktien der an der Fusion beteiligten Gesellschaften halten,
findet weder eine Kapitalerhöhung noch eine Aktienzuteilung statt.
active Shares:
Die Übertragbarkeit der Namenaktien ist nach Massgabe der Statuten beschränkt.
30.08.2012 Business
place (-s): Industriestrasse 44a, 5314 Kleindöttingen.
30.08.2012 Business
place (-s): Kreuzweg 11, 5401 Baden.
29.05.2012 Merger:
Übernahme der Aktiven und Passiven der Baldor Electric Switzerland AG, in
Feuerthalen (CHE-107.923.047) mit einem Aktienkapital von CHF 2'110'000.00 und
gesetzlichen Reserven von CHF 768'000.00, gemäss Fusionsvertrag vom 25.04.2012
und Bilanz per 31.12.2011. Aktiven von CHF 419'353.00 und Passiven
(Fremdkapital) von CHF 156'538.00 gehen auf die übernehmende Gesellschaft über.
Die übernehmende Gesellschaft verfügt gemäss Bestätigung der zugelassenen
Revisionsexpertin über frei verwendbares Eigenkapital im Umfang des
Kapitalverlustes. Da die übernehmende Gesellschaft sämtliche Aktien der
übertragenden Gesellschaft hält, findet weder eine Kapitalerhöhung noch eine
Aktienzuteilung statt.
23.12.2009 Business
place (-s): Kanalstrasse 12, 5313 Klingnau.
23.12.2009 Business
place (-s): Brühlstrasse 50, 5313 Klingnau.
12.03.2009 Business
place (-s): Waldeggstrasse 76, 3097 Liebefeld.
12.03.2009 Business
place (-s): Brown Boveri Platz 3, 5401 Baden.
12.03.2009 Business
place (-s): Bruggerstrasse 72, 5401 Baden.
05.01.2006 Merger:
Übernahme der Aktiven und Passiven der ABB Insurance Brokers AG, in Baden
(CHE-106.740.202), gemäss Fusionsvertrag vom 26.01.2006 und Bilanz per
01.01.2006. Aktiven von CHF 1'477'495.01 und Passiven (Fremdkapital) von CHF
1'327'495.01 gehen auf die übernehmende Gesellschaft über. Da die übernehmende
Gesellschaft sämtliche Aktien der übertragenden Gesellschaft hält, findet weder
eine Kapitalerhöhung noch eine Aktienzuteilung statt.
12.03.2009 Address:
Wankdorffeldstrasse 68, 3014 Bern.
23.12.2009 Address:
Parkstrasse 14/2, 5313 Klingnau.
Title Name
President Peter
Terwiesch, Origin: Maur, Switzerland, Residential address: Mannheim, Germany,
joint signature of two, Registered since: 27.07.2011
Director René
Cotting, Origin: Tentlingen, Switzerland, Residential address: Stäfa,
Switzerland, joint signature of two, Registered since: 17.01.2013
Director Remo
Lütolf, Origin: Meggen, Switzerland, Residential address: Meggen, Switzerland,
joint signature of two, Registered since: 20.12.2012
Director Volker
Stephan, Origin: Germany, Residential address: Rüschlikon, Switzerland, joint
signature of two, Registered since: 23.12.2009
Management
Title Name
Director Roman
Thomassin, Origin: Germany, Residential address: Zug, Switzerland, joint
signature of two, Registered since: 19.12.2001
Member with signing authority Lorenz Aebersold, Origin: Basel, Switzerland,
Residential address: Aarau/AG, Switzerland, joint signature of two, Registered
since: 13.01.2009
Member with signing authority Oliver Albrecht Rhomberg, Origin: Mels,
St. Gallen, Switzerland, Residential address: 8000 Zürich/ZH, Switzerland, joint
signature of two, Registered since: 10.07.2009
Member with signing authority Roland Bächli, Origin: Würenlingen,
Switzerland, Residential address: Lengnau/AG, Switzerland, joint signature of
two, Registered since: 13.01.2009
Member with signing authority Jürgen Bernauer, Origin: Germany,
Residential address: Embrach, Switzerland, joint signature of two, Registered
since: 04.08.2008
Member with signing authority Daniel Bischofberger, Origin: Oberegg,
Switzerland, Residential address: Hünenberg See, Switzerland, joint signature
of two, Registered since: 25.10.2011
Member with signing authority Mathias Blattner, Origin: Küttigen,
Switzerland, Residential address: 5430 Wettingen/AG, Switzerland, joint
signature of two, Registered since: 30.05.2006
Member with signing authority Arthur Eckert, Origin: Hornussen,
Switzerland, Residential address: Frick, Switzerland, joint signature of two,
Registered since: 17.01.2013
Member with signing authority Alexander Fach, Origin: Germany,
Residential address: Boppelsen, Switzerland, joint signature of two, Registered
since: 27.11.2012
Member with signing authority Wolfgang Felber, Origin: Unterbözberg,
Switzerland, Residential address: 5023 Biberstein/AG, Switzerland, joint
signature of two, Registered since: 04.03.2010
Member with signing authority Jürg Fleischmann, Origin: Altendorf,
Switzerland, Residential address: Niederglatt, Switzerland, joint signature of
two, Registered since: 13.01.2009
Member with signing authority Michael Gabriel, Origin: Winterthur,
Switzerland, Residential address: 8472 Seuzach/ZH, Switzerland, joint signature
of two, Registered since: 04.03.2010
Member with signing authority Antonio Gonzalez, Origin: Spain,
Residential address: Ponte Tresa, Switzerland, joint signature of two,
Registered since: 17.01.2012
Member with signing authority Urs Erwin Gribi, Origin: Lengnau BE,
Switzerland, Residential address: 5452 Oberrohrdorf/AG, Switzerland, joint
signature of two, Registered since: 27.07.2011
Member with signing authority Roger Gschwend, Origin: Altstätten,
Switzerland, Residential address: Bassersdorf, Switzerland, joint signature of
two, Registered since: 27.11.2012
Member with signing authority Georges Haeusermann, Origin: Egliswil,
Switzerland, Residential address: 5405 Dättwil/AG, Switzerland, joint signature
of two, Registered since: 10.07.2009
Member with signing authority Peter Hansen, Origin: Denmark,
Residential address: 5234 Villigen/AG, Switzerland, joint signature of two,
Registered since: 29.04.2009
Member with signing authority Michael Humernik, Origin: Germany,
Residential address: 8000 Zürich/ZH, Switzerland, joint signature of two,
Registered since: 16.07.2010
Member with signing authority Martin Hutzli, Origin: Bern, Zweisimmen,
Switzerland, Residential address: Zürich/ZH, Switzerland, joint signature of
two, Registered since: 27.06.2007
Member with signing authority Dr. Mathias Ingold, Origin: Germany,
Residential address: 8103 Unterengstringen/ZH, Switzerland, joint signature of
two
Member with signing authority Robert Itschner, Origin: Zürich,
Switzerland, Residential address: 8610 Uster/ZH, Switzerland, joint signature
of two, Registered since: 10.07.2009
Member with signing authority Edgar Keller, Origin: Germany,
Residential address: Stühlingen/Mauchen, Germany, joint signature of two,
Registered since: 10.07.2009
Member with signing authority Andreas Koch, Origin: Villmergen,
Switzerland, Residential address: 5620 Bremgarten/AG, Switzerland, joint
signature of two, Registered since: 10.07.2009
Member with signing authority Gabrielle Krafft, Origin: Vevey,
Switzerland, Residential address: Zürich, Switzerland, joint signature of two,
Registered since: 06.01.2012
Member with signing authority Marcel Kuhn, Origin: Winterthur, Mogelsberg,
Switzerland, Residential address: 8400 Winterthur/ZH, Switzerland, joint
signature of two, Registered since: 12.03.2009
Member with signing authority Moritz Küng, Origin: Wangenhausen,
Switzerland, Residential address: Brugg/AG, Switzerland, joint signature of two
Member with signing authority Philipp Lehner, Origin: Rorschacherberg,
Switzerland, Residential address: 8000 Zürich/ZH, Switzerland, joint signature
of two, Registered since: 20.01.2011
Member with signing authority Jari Lemmilä, Origin: Finland,
Residential address: Horgen, Switzerland, joint signature of two, Registered
since: 27.11.2012
Member with signing authority Daniel Looser, Origin: Nesslau,
Switzerland, Residential address: Starrkirch-Wil, Switzerland, joint signature
of two, Registered since: 26.02.2013
Member with signing authority Kurt Lötscher, Origin: Flühli,
Switzerland, Residential address: 6330 Cham/ZG, Switzerland, joint signature of
two, Registered since: 20.12.2006
Member with signing authority John Martin, Origin: South Africa,
Residential address: Wädenswil, Switzerland, joint signature of two, Registered
since: 15.08.2012
Member with signing authority Yann Moor, Origin: Wislikofen,
Switzerland, Residential address: Gebenstorf/AG, Switzerland, joint signature
of two
Member with signing authority Beda Mrose, Origin: Magden, Switzerland,
Residential address: 5313 Klingnau/AG, Switzerland, joint signature of two,
Registered since: 27.06.2007
Member with signing authority Christian Müntener, Origin: Sevelen,
Switzerland, Residential address: 5436 Würenlos/AG, Switzerland, joint
signature of two
Member with signing authority Daniel Neeser, Origin: Adliswil,
Switzerland, Residential address: Thalwil, Switzerland, joint signature of two
Member with signing authority Willi Paul, Origin: Germany, Residential
address: Zürich/ZH, Switzerland, joint signature of two, Registered since:
04.08.2008
Member with signing authority Marco Pellin, Origin: St. Gallen,
Switzerland, Residential address: 8917 Oberlunkhofen/AG, Switzerland, joint
signature of two, Registered since: 12.03.2009
Member with signing authority Madeleine Petit, Origin: France,
Residential address: 5400 Baden/AG, Switzerland, joint signature of two,
Registered since: 12.01.2011
Member with signing authority Ernst Roth, Origin: Ebnat-Kappel,
Switzerland, Residential address: Freienwil, Switzerland, joint signature of
two, Registered since: 15.08.2012
Member with signing authority Adrian Rothenbühler, Origin: Oberdorf SO,
Switzerland, Residential address: Küttigen, Switzerland, joint signature of
two, Registered since: 25.10.2011
Member with signing authority Jacqueline Rowlands, Origin: United
Kingdom, Residential address: 5417 Untersiggenthal/AG, Switzerland, joint
signature of two, Registered since: 05.01.2006
Member with signing authority Clemens Sager, Origin: Ebikon,
Switzerland, Residential address: Ottenbach, Switzerland, joint signature of
two, Registered since: 26.06.2012
Member with signing authority Alexander Scharrer, Origin: Germany,
Residential address: Küssaberg, Germany, joint signature of two, Registered
since: 27.06.2008
Member with signing authority Dieter Schön, Origin: Germany,
Residential address: Klettgau , Germany, joint signature of two, Registered
since: 06.01.2012
Member with signing authority Marcelo Schumacker, Origin: Brazil,
Residential address: Fislisbach, Switzerland, joint signature of two,
Registered since: 06.01.2012
Member with signing authority Federico Scrugli, Origin: Italy,
Residential address: 5436 Würenlos/AG, Switzerland, joint signature of two
Member with signing authority Dominique Sigl, Origin: Basel, Arbon,
Switzerland, Residential address: Zürich/ZH, Switzerland, joint signature of
two, Registered since: 09.03.2006
Member with signing authority Thomas Stäuble, Origin: Laufenburg,
Switzerland, Residential address: Gipf-Oberfrick, Switzerland, joint signature
of two, Registered since: 26.02.2013
Member with signing authority Helen Stauffiger, Origin: Zürich,
Switzerland, Residential address: Oberlunkhofen, Switzerland, joint signature
of two, Registered since: 27.11.2012
Member with signing authority Detlef Steck, Origin: Zollikon,
Switzerland, Residential address: Erlenbach/ZH, Switzerland, joint signature of
two, Registered since: 07.03.2012
Member with signing authority Bernadette Stirnimann, Origin: Urdorf,
Switzerland, Residential address: Zürich/ZH, Switzerland, joint signature of
two, Registered since: 10.04.2008
Member with signing authority Tomas Vit, Origin: Czech, Residential address:
5452 Oberrohrdorf/AG, Switzerland, joint signature of two, Registered since:
12.03.2009
Member with signing authority Urs von Wartburg, Origin: Wangen bei
Olten, Rüttenen, Riedholz, Switzerland, Residential address: Steinhausen,
Switzerland, joint signature of two, Registered since: 23.12.2009
Member with signing authority Patrick Vorburger, Origin: St.
Margrethen, Switzerland, Residential address: 6300 Zug/ZG, Switzerland, joint
signature of two, Registered since: 11.12.2007
Member with signing authority Frank Wentzler, Origin: Germany,
Residential address: Eschenz, Switzerland, joint signature of two
Member with signing authority Leonhard Widenhorn, Origin: Germany,
Residential address: Zug/ZG, Switzerland, joint signature of two, Registered
since: 21.08.2008
Member with signing authority Peter Widmer, Origin: Lengnau AG,
Switzerland, Residential address: 5400 Baden/AG, Switzerland, joint signature
of two
Member with signing authority Max Wüthrich, Origin: Trub, Switzerland,
Residential address: Risch, Switzerland, joint signature of two
Member with signing authority Daniel Zeidler, Origin: Arlesheim,
Switzerland, Residential address: Kesswil, Switzerland, joint signature of two,
Registered since: 25.10.2011
Member with signing authority Thomas Zickler, Origin: Germany,
Residential address: 8320 Fehraltorf/ZH, Switzerland, joint signature of two,
Registered since: 18.10.2010
Member with signing authority Gilbert Zimmermann, Origin: Schwändi,
Switzerland, Residential address: 5420 Ehrendingen/AG, Switzerland, joint
signature of two, Registered since: 11.05.2007
Member with signing authority Martin Zimmermann, Origin: Germany,
Residential address: Küssaberg, Germany, joint signature of two, Registered
since: 11.05.2007
Member with signing authority Martin Zürcher, Origin: Trub,
Switzerland, Residential address: Buchs /ZH, Switzerland, joint signature of
two, Registered since: 25.10.2011
Member with procuration Marianne Bernath, Origin: Thayngen, Switzerland,
Residential address: Thayngen, Switzerland, joint power of attorney of two,
Registered since: 19.12.2001
Member with procuration Thomas Forster, Origin: Hauptwil-Gottshaus,
Switzerland, Residential address: Widnau, Switzerland, joint power of attorney
of two, Registered since: 19.12.2001
Member with procuration Peter Nachbur, Origin: Basel, Switzerland, Residential
address: Muri bei Bern, Switzerland, joint power of attorney of two, Registered
since: 19.12.2001
Member with procuration Rainer Sernatinger, Origin: Germany, Residential
address: Singen, Germany, joint power of attorney of two, Registered since:
19.12.2001
Title Name
Auditor Ernst
& Young AG, Residential address: Zürich, Switzerland, Id: CHE-491.907.686
Title Name
Chief Financial Officer Yann Moor (yann.moor@ch.abb.com)
Consolidation: consolidated
(Segment)
Industry: Trade/Industry
Fiscal year end: 31.12.2011 31.12.2010 31.12.2009 31.12.2008
Number of months: 12 12 12 12
Currency: mil.
CHF mil. CHF mil. CHF mil. CHF
Operating revenue 3'571.0 3'602.0 3'680.0 4'000.0
Capital 55.0 55.0 55.0 55.0
Research and
Development 412.0 398.0
Orders received 3'368.0 3'612.0
Employees at year end 6'647 6'137 6'359 6'338
Financial
Data ABB Group
Consolidation: consolidated
Industry: Trade/Industry
Fiscal year end: 31.12.2012 31.12.2011 31.12.2010 31.12.2009 31.12.2008
Number of months: 12 12 12 12 12
Currency: mil.
USD mil. USD mil. USD mil. USD mil.
USD
Statement norm: US-GAAP US-GAAP US-GAAP US-GAAP US-GAAP
Balance
Sheet
Intangible fixed
assets 13'727.0 9'522.0 4'786.0 3'469.0 3'228.0
Tangible fixed
assets 5'947.0 4'922.0 4'356.0 4'072.0 3'562.0
Financial fixed
assets 213.0 156.0 19.0 49.0 68.0
other fixed assets 1'181.0 1'261.0 1'786.0 1'909.0 1'976.0
Fixed assets 21'068.0 15'861.0 10'947.0 9'499.0 8'834.0
Stocks 6'182.0 5'737.0 4'878.0 4'550.0 5'306.0
Trade accounts
receivable 11'575.0 10'773.0 9'970.0 9'451.0 9'245.0
Liquid assets 6'875.0 4'819.0 5'897.0 7'119.0 6'399.0
Securities 1'606.0 948.0 2'713.0 2'433.0 1'407.0
other trade
accounts 1'453.0 1'283.0 1'697.0 1'440.0 1'753.0
Accruals 311.0 227.0 193.0 236.0 237.0
Other current
assets 10'245.0 7'277.0 10'500.0 11'228.0 9'796.0
Current assets 28'002.0 23'787.0 25'348.0 25'229.0 24'347.0
Total assets 49'070.0 39'648.0 36'295.0 34'728.0 33'181.0
Capital 1'691.0 1'621.0 1'454.0 3'943.0 4'695.0
Other shareholders
funds 15'215.0 14'156.0 13'431.0 9'847.0 6'463.0
Total shareholders
equity 16'906.0 15'777.0 14'885.0 13'790.0 11'158.0
Minority interests 540.0 559.0 573.0 683.0 612.0
long term debt
(financial debts) 7'534.0 3'231.0 1'139.0 2'172.0 2'009.0
Provisions 3'550.0 2'024.0 1'242.0 1'507.0 1'496.0
Other non current
liabilities 1'566.0 1'496.0 1'718.0 1'997.0 1'902.0
Non current
liabilities 12'650.0 6'751.0 4'099.0 5'676.0 5'407.0
short term debt
(financial debts) 2'537.0 765.0 1'043.0 161.0 354.0
Trade accounts
payable 7'027.0 6'546.0 6'319.0 5'659.0 4'451.0
Provisions 3'658.0 3'943.0 4'119.0 3'883.0 4'572.0
Accruals 2'096.0 1'822.0 1'644.0 1'600.0 1'569.0
other accounts
payable 3'656.0 3'485.0 3'613.0 3'276.0 5'058.0
other current
liabilities 9'410.0 9'250.0 9'376.0 8'759.0 11'199.0
Current
liabilities 18'974.0 16'561.0 16'738.0 14'579.0 16'004.0
Shareh. equity,
min. interests + liabilities 49'070.0 39'648.0 36'295.0 34'728.0 33'181.0
Profit
and loss account
Net sales 39'336.0 37'990.0 31'589.0 31'795.0 34'912.0
Other operating
revenue 0.0 0.0 0.0 329.0 0.0
Operating revenue 39'336.0 37'990.0 31'589.0 32'124.0 34'912.0
Cost of goods sold 27'958.0 26'556.0 22'060.0 22'470.0 23'972.0
Gross profit 11'378.0 11'434.0 9'529.0 9'654.0 10'940.0
Other operating
expenses 7'320.0 6'767.0 5'711.0 5'528.0 6'388.0
Operating result 4'058.0 4'667.0 3'818.0 4'126.0 4'552.0
Interest revenues 73.0 90.0 95.0 121.0 315.0
Financial income 73.0 90.0 95.0 121.0 315.0
Interest expenses 293.0 207.0 173.0 127.0 349.0
Financial expenses 293.0 207.0 173.0 127.0 349.0
Financial result -220.0 -117.0 -78.0 -6.0 -34.0
Result before
extraordinary items 3'838.0 4'550.0 3'740.0 4'120.0 4'518.0
Extraordinary
income 4.0 9.0 10.0 17.0 0.0
Extraordinary
expenses 0.0 0.0 21.0
Extraordinary
Result 4.0 9.0 10.0 17.0 -21.0
Result before
taxes 3'842.0 4'559.0 3'750.0 4'137.0 4'497.0
Taxes 1'030.0 1'244.0 1'018.0 1'001.0 1'119.0
Result before minority
interests 2'812.0 3'315.0 2'732.0 3'136.0 3'378.0
minority interests 108.0 147.0 171.0 235.0 260.0
Result for the
financial year 2'704.0 3'168.0 2'561.0 2'901.0 3'118.0
Cash
flow
Depreciation 1'182.0 995.0 702.0 655.0 661.0
Cash flow 3'994.0 4'310.0 3'434.0 3'791.0 4'039.0
Cash flow from
operating activities 3'779.0 3'612.0 4'197.0 4'027.0 3'958.0
Investments in
tangible fixed assets 1'293.0 1'021.0 840.0 967.0 1'171.0
Cash flow from
investing activities -5'575.0 -3'253.0 -2'747.0 -2'220.0 114.0
Cash flow from
financing activities 3'762.0 -1'208.0 -2'530.0 -1'301.0 -2'119.0
Others 90.0 -229.0 -142.0 214.0 -204.0
Change in
liquidity 2'056.0 -1'078.0 -1'222.0 720.0 1'749.0
Liquidity at
beginning of the year 4'819.0 5'897.0 7'119.0 6'399.0 4'650.0
Liquidity at end
ot the year 6'875.0 4'819.0 5'897.0 7'119.0 6'399.0
Notes
Research and
Development 1'464.0 1'371.0 1'082.0 1'037.0 1'242.0
Orders received 40'232.0 40'210.0 32'681.0 30'969.0 38'282.0
Added value 5'317.0 5'761.0 4'625.0 4'911.0 5'507.0
Working Capital 10'730.0 9'964.0 8'529.0 8'342.0 10'100.0
Sales per Employee 0.3 0.3 0.3 0.3 0.3
Market
capitalisation 43'000.0 43'152.1 47'564.6 45'700.0 35'600.0
Gross cost land
and buildings 4'316.0 3'648.0 3'887.0 3'677.0 2'817.0
Gross cost other
tangible fixed assets 8'230.0 7'395.0 6'371.0 6'047.0 5'879.0
Gross cost total 12'546.0 11'043.0 10'258.0 9'724.0 8'696.0
Employees at year end 146'100 133'600 116'500 116'100 119'393
Employees inland 6'800 6'400 6'300 6'200
Employees abroad 126'800 110'100 109'800 113'193
Name: ABB
Ltd
City/Country: Zürich/ZH,
Switzerland/CH
No. of Owner/-s: 1
Owner: The
company is domestic owned.
Class: 100%
Name: ABB
Ltd
City/Country: Zürich/ZH,
Switzerland/CH
Interest: 100.00%
voting right, 100.00% capital interest
Class: 100%
Name: Newave
Energy Holding SA
City/Country: Quartino/TI,
Switzerland/CH
Interest: 100.00%
voting right, 100.00% capital interest (since 11.12.2011)
Class: 0-9%
Name: REFUNA
AG
City/Country: Döttingen/AG,
Switzerland/CH
No. of shares: 145
Interest: 8.06%
voting right, 8.06% capital interest
Control
date Year No. Amount
CHF Status
07.05.2012 2012 1 89.-- Legal actions
07.05.2012 2011 0
07.05.2012 2010 0
07.05.2012 2009 2 8'001'162.-- Legal actions
07.05.2012 2008 1 119.-- Legal actions
An updated legal
action check is only available against proof of interest. e.g. a copy of an
enquiry letter, and order or invoice relating to the subject company.
Debt collection
case:
JUL 2010: CHF
30.00, paid.
Financial Situation: The financial situation is considered to be very good.
Payment experiences: Payment habits are considered good.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.44 |
|
|
1 |
Rs.83.77 |
|
Euro |
1 |
Rs.71.33 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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.