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Report Date : |
13.04.2013 |
IDENTIFICATION DETAILS
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Name : |
DALFILM S.A. |
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Registered Office : |
Avda.Pte.Roque S.Peña 788, 9o.floor, City of Buenos Aires |
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Country : |
Argentina |
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Date of Incorporation : |
13.11.1989 |
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Legal Form : |
Limited Company |
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Line of Business : |
Subject is engaged in the manufacture of various containers. |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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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
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
Argentina |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
|
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 |
argentina - ECONOMIC OVERVIEW
Argentina benefits from rich natural resources, a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Although one of the world's wealthiest countries 100 years ago, Argentina suffered during most of the 20th century from recurring economic crises, persistent fiscal and current account deficits, high inflation, mounting external debt, and capital flight. A severe depression, growing public and external indebtedness, and a bank run culminated in 2001 in the most serious economic, social, and political crisis in the country's turbulent history. Interim President Adolfo RODRIGUEZ SAA declared a default - the largest in history - on the government's foreign debt in December of that year, and abruptly resigned only a few days after taking office. His successor, Eduardo DUHALDE, announced an end to the peso's decade-long 1-to-1 peg to the US dollar in early 2002. The economy bottomed out that year, with real GDP 18% smaller than in 1998 and almost 60% of Argentines under the poverty line. Real GDP rebounded to grow by an average 8.5% annually over the subsequent six years, taking advantage of previously idled industrial capacity and labor, an audacious debt restructuring and reduced debt burden, excellent international financial conditions, and expansionary monetary and fiscal policies. Inflation also increased, however, during the administration of President Nestor KIRCHNER, which responded with price restraints on businesses, as well as export taxes and restraints, and beginning in early 2007, with understating inflation data. Cristina FERNANDEZ DE KIRCHNER succeeded her husband as President in late 2007, and the rapid economic growth of previous years began to slow sharply the following year as government policies held back exports and the world economy fell into recession. The economy has rebounded strongly from the 2009 recession, but the government's continued reliance on expansionary fiscal and monetary policies risks exacerbating already high inflation.
|
Source : CIA |
DALFILM S.A.
CUIT No.: 30-63619715-3
INITIATED IN 1989. BEGINNER OF THE ACTIVITIES. DUE TO ITS POLICY, NO
FINANCIAL INFORMATION IS SUPPLIED TO THIRD PARTIES. SOCIAL CAPITAL $
1.301.278.- NOT REGISTERED NEGATIVE. FIT FOR OPERATIONS OF MODERATED IMPORTANCE
WITH THE ADOPTION OF ADDITIONAL GUARANTEES.
PLASTIC PACKS
MANUFACTURE
COMMERCIALIZATION
Business type:
Limited Company
Incorporated: 13/11/1989
Registered R.P.C.: 26/12/1989
No.9373,Lo.107
Duration: 99 year
End of fiscal yr:
31/12
Mss. Eugenia Pellegrini
Legal address: Avda.Pte.Roque S.Peña 788, 9o.floor, City of Buenos Aires,
Republic Argentina.
Operative address adn administrative: Pte. Frondizi No. 2501 (1629), Pilar,
Province of Buenos Aires, Republic Argentina.
Phonefax: 5918-0100
E.Mail: info@film.com.ar
eugenia-pellegrini@dalfilm.com.ar
Web: www.dalfilm.com.ar
President:
GERZENSTEIN HECTOR
DANIEL
Director: GERZENSTEIN ANDRES GUSTAVO
Alternate Director: TESELMAN
NORMA CORINA
Use of signature: President and Vicepresident.
CORPORATE STOCK $ 1.301.278.-
GERZENSTEIN HECTOR DANIEL:
argentinian, married, born on 25/01/1952, DNI.No. 10.266.148, Engineer.
Although directors can not provide details about the particular procedure
to be by data in our possession the owner has been organized in order to
address the exploitation of activities being conducted by observing that found
originally established in Calle 113 (Alvear) No.2404, Munro, Buenos Aires
Province.
In the above, it adds that it is related to the firm SILILABEL SA on which no
details are obtained.
Continued with the policy of not provided
financial information to third parties.
Through third parties, it appears that the present assets and liabilities of
the company may be represented by the following figures:
ASSETS CURRENT $ 16.000.000
ASSETS NON-CURRENT $
2.300.000
LIABILITIES CURRENT $
11.700.000
LIABILITIES NON-CURRENT $
1.800.000
NET WORK $
4.800.000
Sales annual is $
49.000.000.-
A society is given possession of the property it occupies in Pilar (BA),
of about
SILILABEL S.A.
It is a plastics industry, which is engaged
in the manufacture of various containers.
For the development of the aforementioned steps has proper conformation of
operational structure, in which 35 employees are performing.
Has been the formation of a good client base in the whole area of the country
and are considered stable outlook.
During the last 12 months in office has materialized s imports for $ 124,832. -
From the Federative Republic of Brazil.
The March 19, 2010 had an embargo by the AFIP File 18193/2010 568 processed by
the Court for a total of $ 57,608.42 plus interest of $ 8,641.26 which was
raised immediately.
AFIP Inscripta Agency Number 285 135 Peter esq.Chacabuco Lagrave, Pilar, in the
Province of Buenos Aires, Argentina. –
BBVA BANCO FRANCES S.A.
Branch Pilar
BANCO SANTANDER RIO S.A. Branch Pilar
NUEVO BANCO INDUSTRIAL DE AZUL Branch
Pilar
BANCO DE GALICIA Y BUENOS AIRES Branch
Pilar
CREDIT RISK:
------------
DECEMBER 2012
BBVA BANCO FRANCES $
1.561.100
BANCO INDUSTRIAL 1.311.600
BANCO COMAFI 531.500
BANCO SANTANDER 130.100
AMEX
3.000
Situación 1 = normal.
INSURANCES:
-----------
ZURICH S.A.
MAPFRE S.A.
At present nothing is recorded that would prejudice the commercial
concept of our informed and consulted in the media slogan, which so far has
been adequately concurring cancellation of general obligations.
* Without objection.
Society is considered suitable for loan
holder medium importance in practical conditions. -
In sums of greater economic significance, it is advisable to apply the
guarantees considered necessary.
* SUITABLE FOR CREDITS.
JMC /
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 : |
SDA |
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 |
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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 |
---- |
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.