|
Report Date : |
16.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
LOTTE
CONFECTIONERY CO., LTD. |
|
|
|
|
Registered Office : |
21, Yangpyeongdong 5-ga, Yeongdeungpo-gu, Seoul |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
24.03.1967 |
|
|
|
|
Com. Reg. No.: |
107-81-34848 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Manufacture of Cocoa, Chocolate and Sugar Confectionery |
|
|
|
|
No. of Employees : |
4,251 |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
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) |
|
South Korea |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
South Korea - ECONOMIC OVERVIEW
South Korea over the past four decades has demonstrated incredible growth and global integration to become a high-tech industrialized economy. In the 1960s, GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004, South Korea joined the trillion dollar club of world economies, and currently is among the world's 20 largest economies. Initially, a system of close government and business ties, including directed credit and import restrictions, made this success possible. The government promoted the import of raw materials and technology at the expense of consumer goods, and encouraged savings and investment over consumption. The Asian financial crisis of 1997-98 exposed longstanding weaknesses in South Korea''s development model including high debt/equity ratios and massive short-term foreign borrowing. GDP plunged by 6.9% in 1998, and then recovered by 9% in 1999-2000. Korea adopted numerous economic reforms following the crisis, including greater openness to foreign investment and imports. Growth moderated to about 4% annually between 2003 and 2007. With the global economic downturn in late 2008, South Korean GDP growth slowed to 0.3% in 2009. In the third quarter of 2009, the economy began to recover, in large part due to export growth, low interest rates, and an expansionary fiscal policy, and growth was 3.6% in 2011. In 2011, the US-South Korea Free Trade Agreement was ratified by both governments and is projected to go into effect in early 2012. The South Korean economy''s long term challenges include a rapidly aging population, inflexible labor market, and heavy reliance on exports - which comprise half of GDP.
|
Source : CIA |
|
Company Name |
LOTTE
CONFECTIONERY CO., LTD. (Korean
Company Name :”롯데제과(주)”) |
|
Registered Address |
21,
Yangpyeongdong 5-ga, Yeongdeungpo-gu, Seoul, Korea |
|
Zip Code |
150-866 |
|
Tel |
+82-2-2670-6114 |
|
Fax |
+82-2-6672-6600 |
|
E-mail |
webmast@lotteconf.co.kr;seojo@lotteconf.co.kr;choija@lotteconf.co.kr |
|
Website |
|
|
Trading Address |
21,
Yangpyeongdong 5-ga, Yeongdeungpo-gu, Seoul, Korea (P.O.BOX 3013) |
|
Tel |
+82-2-2670-6114 |
|
Fax |
+82-2-6672-6600 |
|
Other Address-Daejeon Factory |
78-4, Munpyeong-dong, Daedeok-gu, Daejeon, Korea |
|
Tel |
+82-42930-5114 |
|
Fax |
|
|
Other Address-Yangsan Factory |
511, Sanmak-dong, Yangsan-si, Gyeongsangnam-do, Korea |
|
Tel |
+82-55-370-6114 |
|
Fax |
+82-55-370-6001 |
|
Other Address-Pyeongtaek Factory |
538-3, Gagok-ri, Jinwi-myeon, Pyeongtaek-si, Gyeonggi-do, Korea |
|
Tel |
+82-31-667-2201~5 |
|
Fax |
+82-31-667-2206 |
|
Other Address-Sihung Factory |
1005-7, Doksan-dong, Geumcheon-gu, Seoul, Korea |
|
Tel |
+82-2-804-9028 |
|
Fax |
|
|
Other Address-Jeonju Sales Office |
1st Fl., 708-8, Geumam 1-dong, Deokjin-gu, Jeonju-si, Jeollabuk-do,
Korea |
|
Tel |
+82-63-251-4353 |
|
Fax |
+82-63-251-4353 |
|
Other Address-Juan Sales Office |
35-7,
Juan 5-dong, Nam-gu, Incheon, Korea |
|
Tel |
+82-32-434-6931 |
|
Fax |
|
|
Other Address-Busan Business Office |
17-2, Geoje-dong, Yeonje-gu, Busan 611-800 Korea |
|
Tel |
+82-51-8687361 |
|
Fax |
|
|
Other Address-Daejeon Branch Office |
412-4, Gayang-dong. Dong-gu Daejeon 300-805 Korea |
|
Tel |
+82-42-6270201 |
|
Fax |
|
|
Other Address-Gyeongbuk Branch Office |
1044, Nowon 3-ga, Buk-gu, Daegu 702-814 Korea |
|
Tel |
+82-53-3566888 |
|
Fax |
|
|
Other Address-Ulsan Business Office |
570-6, Seonam-dong, Nam-gu, Ulsan 600-819 Korea |
|
Tel |
+82-52-2760618 |
|
Fax |
|
|
Other Address-Incheon Business Office |
7-314, Shinheung-dong 3-ga, Jung-gu, Incheon 400-103 Korea |
|
Tel |
+82-32-8871952 |
|
Fax |
|
|
Other Address-Gwangju Business Office |
853-6, Yongbong-dong, Buk-gu,Gwangju 500-845 Korea |
|
Tel |
+82-62-5251054 |
|
Fax |
|
|
Other Address-Gangwon Branch Office |
1420, Heungeop-ri, Heungeop-myeon, Wonju-si, Gangwon-do 220-844 Korea |
|
Tel |
+82-33-7438614 |
|
Fax |
|
|
Other Address-Daegu Business Office |
235, Nowon 3-ga, Buk-gu, Daegu 702-815 Korea |
|
Tel |
+82-53-3584145 |
|
Fax |
|
|
Other Address-Masan Branch Office |
469-1, Bongam-dong, Masan-si, Gyeongnam-do, 630-804 Korea |
|
Tel |
+82-55-2550820 |
|
Fax |
|
|
Other Address-Goyang Business Office |
102-8, Gajwa-dong, Ilsan-gu, Goyang-si, Gyeonggi-do 411-440 Korea |
|
Tel |
+82-31-9236399 |
|
Fax |
|
|
Other Address-Gyeongsan Business
Office |
835-3, Jungbang-dong, Gyeongsan-si, Gyeonbuk-do
712-802 Korea |
|
Tel |
+82-53-8140977 |
|
Fax |
|
|
Other Address-Gwangyang Business Office |
478-6, Inseo-ri ,Gwangyang-eup, Gwangyang-si, Jeonnam-do 545-807 Korea |
|
Tel |
+82-61-7626238 |
|
Fax |
|
|
Type |
Export/Import |
|
Industry |
Manufacture of Cocoa, Chocolate and Sugar Confectionery |
|
Main Business |
Gum, Chocolate, Snack, Cracker, Ice Cream |
|
Sub
Business |
Manufacture of Ice-Cream and Other Edible Ice Cakes |
|
Established (mm/dd/yyyy) |
03/24/1967 |
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Confectionary products(50161800) |
|
Sell |
Crisps or chips or pretzels or mixes(50192109) |
|
Sell |
Chocolate or chocolate substitute(50161511) |
|
Sell |
Sweet biscuits or cookies(50181905) |
|
Sell |
Snack foods(50192100) |
|
Sell |
Chewing gum(50161815) |
|
Sell |
Jams or jellies or fruit preserves(50192401) |
|
Sell |
Popped corn(50192112) |
|
Sell |
Nuts or dried fruits(50192110) |
|
Sell |
Flavored ices or ice cream or ice cream desserts or frozen yogurts(50192303) |
|
Name |
Kim Yong-Soo |
|
Date of Birth |
11/1958 |
|
Title |
Co-President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
7,107,000,000 |
|||||||||||||||||||||||||||||||||||||||
|
Employees |
4,251 |
|||||||||||||||||||||||||||||||||||||||
|
Formation |
Listed Company (Korea Stock Exchange :
004990) as of 02/16/1974 A Company of LOTTE BUSINESS GROUP |
|||||||||||||||||||||||||||||||||||||||
|
Bank Details |
Woori Bank-Dangsan Dong Branch |
|||||||||||||||||||||||||||||||||||||||
|
Corporate Registered No. |
110111-0076300 |
|||||||||||||||||||||||||||||||||||||||
|
Business Registered No. |
107-81-34848 |
|||||||||||||||||||||||||||||||||||||||
|
Permit & Licenses |
04/1997 ISO 9001 04/25/2003 ISO 9001 Acquired the U.S. patent for its technology
to extract polyphenol from cacao Organic Farming Products Certificate from
OTCO(Oregon Tilth Certified Organically Grown) Xylitol Chewing Gum: Preventing Tooth-decade
Certificate Int’l Trade No.: 690362 |
|||||||||||||||||||||||||||||||||||||||
|
Shareholder Position |
|
|||||||||||||||||||||||||||||||||||||||
|
Company History |
03/01/1967 : Established Lotte
Confectionery 06/01/1968 : Opened branch offices in 5 major
cities (Seoul, Busan, Daegu, Daejeon, Kwangju) 02/01/1969 : Completed construction of
Yeongdeungpo Plant 10/01/1969 : Completed construction of Gum
Base Plant (Siheung Plant) 03/01/1970 : Started to operate Siheung
Plant (Gum Base Production) 12/01/1971 : Started gum production at
Yeongdeungpo Plant 02/01/1974 : Listed shares on stock
exchange (1974.2.16) 02/01/1975 : Started chocolate production
at Yeongdeungpo Plant 01/01/1979 : Completed construction of
Yangsan Plant 08/01/1983 : Completed construction of
Pyeongtaek Plant 07/01/1984 : Established branch office in
LA 06/10/1905 : Selected as official supplier
for Olympics 11/01/1989 : Recognized for export volume
of USD 10 million 12/01/1989 : Moved Head Office from
Namyeong-dong to 23 Yangpyeong-dong 4-ga, Yeongdeungpo-gu 05/01/1991 : Opened Welfare Center in
Yeongdeungpo Plant 03/01/1992 : Opened Lotte Industrial
College 12/01/1992 : Established branch office in
Beijing 07/01/1994 : Established LOTTE CHINA FOODS
CO., LTD. 02/01/1995 : Established Lotte Philippines
Joint Venture 07/01/1995 : Established branch office in
Moscow 12/01/1995 : Recognized for export volume
of USD 50 million 04/01/1996 : Completed construction of
Daejeon Plant 04/01/1997 : Acquired ISO9001 11/01/1997 : Established Gimhae Logistics
Center 04/01/1998 : Launched premium ice cream
Natuur 09/01/1998 : Completed construction of
Vietnam Plant for chewing gum production and started sales 12/01/1999 : Opened PI Integrated
Information System 12/01/2002 : Achieved sales of KRW 1
trillion, a record in the domestic Confectionery industry 05/01/2004 : Acquired 80% of Parrys'
shares (in India) (currently Lotte India Co., LTD.) 03/01/2005 : Acquired 100% of Lotte
Qingdao Foods Co., LTD. 09/01/2006 : Established Lotte Taiwan Co.,
LTD. 12/01/2006 : Established Lotte Food
Holding Co., Limited 04/01/2007 : Established Lotte KF Rus Llc 07/2008 : Established LOTTE CONFECTIONERY
HOLDINGS B.V 08/2008 : Established LOTTE FOODS INDIA
PRIVATE LIMITED 02/2010 : Moved to the present HQ address
from 23, Yangpyeong-dong 4-ga, Yeongdeungpo-gu, Seoul, Korea 04/01/2013 Acquired KIRIN FOOD CO.,
LTD.(180111-0693879) |
Management
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education |
|
Co-President & CEO |
Mr. |
Kim Yong-Soo |
Korean |
1958.11. |
Korea University, Korea |
|
Co-President & CEO |
Mr. |
Shin Dong-Bin |
Korean |
1955.02.14 |
Columbia University, USA |
|
Chairman |
Mr. |
Shin Kyuck-Ho |
Korean |
1922.10.04 |
Waseda University, USA |
|
Outside Director/Auditor |
Mr. |
Kim Sang-Hyun |
Korean |
1952.02.17 |
Busan National University, Korea |
|
Outside Director/Auditor |
Mr. |
Ki Geon-Ho |
Korean |
1947.09.07 |
Sejong University, Korea |
|
Outside Director/Auditor |
Mr. |
Lim Hong-Jae |
Korean |
1950.01.16 |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Song Jae-Yong |
Korean |
1964.03. |
Seoul National University, Korea |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
1,524,226,497,579 |
3,852,362,096,630 |
102,925,068,994 |
|
|
(*)2011 |
1,521,967,419,501 |
3,733,217,138,025 |
127,203,725,972 |
|
(*)2010 |
1,411,975,380,287 |
3,802,156,971,513 |
122,682,722,514 |
|
2009 |
1,316,786,015,179 |
3,461,944,642,631 |
95,565,208,092 |
|
2008 |
1,244,745,872,741 |
2,452,052,843,587 |
178,080,587,156 |
|
2007 |
1,134,173,968,565 |
2,158,010,287,718 |
108,991,128,948 |
|
2006 |
1,079,216,668,067 |
1,924,004,507,330 |
249,338,802,718 |
|
2005 |
1,116,531,899,038 |
1,631,159,411,013 |
99,211,206,817 |
|
2004 |
1,092,564,533,020 |
1,442,782,493,457 |
91,363,515,089 |
(*)Figures are based
on the K-IFRS Accounting System.
Financial
Description
|
Authorized Capital(KRW) |
15,000,000,000 |
|
Paid-Up Capital(KRW) |
7,107,000,000 |
|
Total Issues Shares |
1,421,400 |
|
Unit : Korean Won |
As of 12/31/2012 |
As of 12/31/2011 |
As of 12/31/2010 |
|
Total Assets |
3,852,362,096,630 |
3,733,217,138,025 |
3,802,156,971,513 |
|
Current
Assets |
527,761,951,591 |
587,027,938,127 |
545,735,359,754 |
|
Cash & Cash Equivalents |
114,177,189,426 |
139,478,049,298 |
152,154,315,528 |
|
Trade Receivables & Other
Receivables |
187,057,436,817 |
180,866,287,734 |
159,073,691,423 |
|
Current Financial Instruments |
50,774,432,904 |
100,866,651,904 |
109,519,729,488 |
|
Inventories |
158,708,476,724 |
148,255,190,533 |
117,705,866,074 |
|
Other Current Assets |
17,044,415,720 |
17,561,758,658 |
7,281,757,241 |
|
Non-Current
Assets |
3,324,600,145,039 |
3,146,189,199,898 |
3,256,421,611,759 |
|
Investment_Subsidiaries |
438,106,566,577 |
387,716,675,215 |
366,096,514,907 |
|
Investment_Related Companies |
157,285,330,027 |
199,502,034,476 |
179,889,183,917 |
|
Non-Current Financial Instruments |
1,694,513,954,360 |
1,530,452,847,856 |
1,706,304,714,521 |
|
Tangibles |
960,243,129,619 |
964,654,042,944 |
938,009,155,470 |
|
Intangibles |
5,455,737,063 |
2,987,677,944 |
3,279,048,474 |
|
Investment_Real Estates |
68,002,576,023 |
59,569,342,752 |
61,367,545,742 |
|
Other Non-Current Assets |
992,851,370 |
1,306,578,711 |
1,475,448,728 |
|
Total
Liabilities |
1,068,453,733,995 |
1,168,046,206,441 |
1,191,266,536,233 |
|
Current
Liabilities |
241,144,527,442 |
586,098,482,516 |
443,444,604,051 |
|
Trade Payables &
Other Payables |
155,385,240,314 |
202,494,621,899 |
185,222,481,043 |
|
Short-Term Borrowings |
265,777,938 |
715,252,594 |
923,207,837 |
|
Debentures |
0 |
289,357,562,974 |
153,567,572,539 |
|
Other Current
Financial Debts |
33,604,342,845 |
39,969,567,572 |
45,296,288,023 |
|
Accrued Income Tax |
14,185,235,802 |
16,536,887,950 |
21,522,019,416 |
|
Deferred Income |
331,048,315 |
819,952,793 |
1,362,822,423 |
|
Provisions |
21,158,711,116 |
21,312,050,500 |
21,767,251,638 |
|
Other Current
Liabilities |
16,214,171,112 |
14,892,586,234 |
13,782,961,132 |
|
Non-Current Liabilities |
827,309,206,553 |
581,947,723,925 |
747,821,932,182 |
|
Long-Term Borrowings |
0 |
0 |
325,046,000 |
|
Debentures |
299,148,858,547 |
99,605,166,035 |
271,888,395,077 |
|
Other Non-Current
Financial Debts |
22,641,521,285 |
22,063,103,120 |
22,288,979,155 |
|
Provision for
Severance & Retirement |
13,462,665,497 |
4,910,241,434 |
8,921,587,065 |
|
Deferred Income Tax Credit |
474,489,003,657 |
437,014,211,936 |
423,904,270,753 |
|
Deferred Income |
9,293,092,686 |
9,544,778,627 |
10,700,279,225 |
|
Other Non-Current
Liabilities |
8,274,064,881 |
8,810,222,773 |
9,793,374,907 |
|
Capital Stock |
7,107,000,000 |
7,107,000,000 |
7,107,000,000 |
|
Capital Surplus |
12,998,116,109 |
12,998,116,109 |
12,998,116,109 |
|
Others |
-6,247,971,000 |
-6,247,971,000 |
-6,247,971,000 |
|
Installments |
1,132,749,778,025 |
1,008,515,236,453 |
1,175,598,561,271 |
|
Profit Surplus |
1,637,301,439,501 |
1,542,798,550,022 |
1,421,434,728,900 |
|
Total Equity |
2,783,908,362,635 |
2,565,170,931,584 |
2,610,890,435,280 |
|
Liab. &
Shareholder’s Equity |
3,852,362,096,630 |
3,733,217,138,025 |
3,802,156,971,513 |
|
Unit : Korean Won |
As of 12/31/2012 |
As of 12/31/2011 |
As of 12/31/2010 |
|
Sales |
1,524,226,497,579 |
1,521,967,419,501 |
1,411,975,380,287 |
|
Cost of Sold Goods |
930,954,433,986 |
913,541,773,786 |
831,374,497,028 |
|
Gross Profit |
593,272,063,593 |
608,425,645,715 |
580,600,883,259 |
|
Selling & Admin.
Expenses |
462,266,831,563 |
438,118,111,099 |
413,348,684,483 |
|
Operating Income |
131,005,232,030 |
170,307,534,616 |
164,895,685,361 |
|
Other Operating
Income |
12,538,480,121 |
30,887,405,209 |
8,392,593,730 |
|
Other Operating
Expenses |
27,547,181,208 |
12,691,094,758 |
10,749,107,145 |
|
Finance Income |
60,838,258,791 |
31,568,492,692 |
53,003,235,287 |
|
Finance Expenses |
43,270,111,451 |
38,623,770,745 |
59,845,505,925 |
|
Income Before Taxes |
133,564,678,283 |
181,448,567,014 |
158,053,414,723 |
|
Income Taxes Expenses |
30,639,609,289 |
54,244,841,042 |
35,370,692,209 |
|
Net Income |
102,925,068,994 |
127,203,725,972 |
122,682,722,514 |
|
Unit : Korean Won |
As of 12/31/2012 |
As of 12/31/2011 |
As of 12/31/2010 |
|
Operating Activities Cash Flows |
78,794,251,691 |
120,548,270,727 |
164,346,814,514 |
|
Net Income |
102,925,068,994 |
127,203,725,972 |
122,682,722,514 |
|
Cash
Flows from Investing |
-29,357,233,019 |
-92,167,178,126 |
-40,894,715,996 |
|
Cash Inflow from
Investing |
50,382,211,797 |
37,068,311,611 |
126,138,889,037 |
|
Cash Outflows for
Investing |
-79,739,444,816 |
-129,235,489,737 |
-167,033,605,033 |
|
Cash
Flows from Financing |
-74,638,560,163 |
-42,335,292,295 |
-23,635,977,769 |
|
Cash Inflows from
Financing |
216,826,208,005 |
151,956,377,130 |
56,000,000,000 |
|
Cash Outflows from
Financing |
-291,464,768,168 |
-194,291,669,425 |
-79,635,977,769 |
|
Increase/Decrease in Cash |
-25,201,541,491 |
-12,677,711,273 |
99,816,120,749 |
|
Cash at the Beginning of Year |
139,478,049,298 |
152,154,315,528 |
52,356,720,486 |
|
Cash at the End of Year |
114,177,189,426 |
139,478,049,298 |
152,154,315,528 |
|
Main Products & Services |
PRODUCTS & BRAND NAMES Chewing gum-Xylitol,Flavono, etc. Candy-Anytime,Herb Throat Candy, etc. Biscuits-Custard, Magaret, etc. Chocolate-Pepero, Dream Cacao, etc. Sherbet-World Cone, Seol-Lae-Im, etc. Other-Kko Kkal Corn, Cheetos, etc. Sherbet-Joo-Mool-Lu, Precious Bar, etc. Other-Vegetable Cracker, Choco Rice Cake,
Rental revenues, etc. Ice creams |
||||||||||||||||
|
Production Capacity (Unit : Ton) |
|
||||||||||||||||
|
Technologies Acquired |
|
|
Suppliers |
CJ CORPORATION(110111-0015639) ADDRESS: CJ BLDG., 500, NAMDAEMUNNO 5-GA,
JUNG-KU, SEOUL 100-802 KOREA TEL:+82-2-726-8114 FAX:+82-2-726-8179 DAESANG CORPORATION(110111-0327125) ADDRESS: 96-48, SINSEOL-DONG,
DONGDAEMUN-KU, SEOUL 130-706 KOREA TEL:+82-2-2220-9500 FAX:+82-2-2232-3719 LOTTE MILK CO., LTD.(110111-3650838) 6-1, MULLAEDONG 6-GA, YEONGDEUNGPO-GU,
SEOUL, KOREA TEL:+82-2-2639-3114 FAX:+82-2-2639-3000 LOTTE SAMKANG CO., LTD(110111-0033722) 21, MULLAE-DONG 6-GA, YEONGDEUNGPO-GU,
SEOUL, KOREA TEL:+82-2-2629-0114 FAX:+82-2-2629-0291 FORTERRA ED & F MAN HASEGAWA |
|
Customers |
|
|
Competitors |
ORION CORPORATION 30-10, MUNBAE-DONG, YONGSAN-GU, SEOUL,
KOREA TEL:+82-2-710-6000 FAX:+82-2-715-8280 CROWN CONFECTIONERY CO. LTD. 131-1, NAMYEONG-DONG, YONGSAN-GU, SEOUL, KOREA TEL:+82-2-791-9133 FAX:+82-2-791-9119 BINGGRAE CO., LTD. 344-3, DONONG-DONG, NAMYANGJU-SI,
GYEONGGI-DO, KOREA TEL:+82-31-560-8000 FAX:+82-31-560-8201 |
Related Parties
(Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates-Domestic |
LOTTE SAMKANG CO., LTD(110111-0033722) LOTTE CHILSUNG BEVERAGE
CO.,LTD(110111-0003684) HONAM PETRO CHEMICAL
CORPORATION(110111-0193196) KP CHEMICAL CORP(230111-0082112) LOTTE SHOPPING CO., LTD.(110111-0000086) LOTTE MIDOPA CO., LTD(110111-0045983) LOTTE NON-LIFE INSURANCE CO.,
LTD.(110111-0014459) LOTTE HAM CO., LTD.(110111-0229371) LOTTERIA CO., LTD.(110111-0262850) LOTTE FRESH DELICA CO.,
LTD.(134511-0034295) LOTTE BOULANGERIE CO., LTD(135511-0109807) LOTTE PHARM CO., LTD.(110111-0657788) FOOD STAR, INC.(110111-1739155) CINEMA TRADING CO., LTD(110111-3180918) WELLGA INC.(184511-0000379) SANJUNG BEVERAGE CO., LTD.(111511-0013288) CHANG DAE TRADING CO., LTD.(110111-0904907) HOTEL LOTTE CO., LTD.(110111-0145410) LOTTE GIANTS BASEBALL CLUB(110111-0317556) HOTEL LOTTE PUSAN CO., LTD(180111-0053461) LOTTE MOOLSAN CO., LTD.(110111-0320707) LOTTE JTB CO., LTD(110111-3685710) THE CINEMA OF KOREA(110111-3837501) LOTTE CITY HOTEL CO., LTD(110111-3946518) LOTTE TRADING CO., LTD(110111-0159099) LOTTE STATION BUILDING CO.,
LTD.(110111-0505903) LOTTE LOGISTICS CORP.(110111-0040446) KOREA SEVEN CO., LTD.(110111-0899976) LOTTE.COM INC(110111-1843972) LOTTE ASAHI LIQUOR COMPANY
LTD.(110111-0530033) WOORI HOME SHOPPING(110111-2248957) LOTTE DAESAN PETROCHEMICAL
CORPORATION(161411-0014684) KP CHEMTECH(230111-0100443) DAESAN MMA CORPORATION(161411-0016995) KOREA FUJIFILM CO., LTD(110111-0042715) HOWTECH
CORPORATION(110111-2110114) LOTTE ALUMINUM CO., LTD.(110111-0003121) LOTTE ENGINEERING & MACHINERY MFG. CO.,
LTD.(110111-0154560) CANON KOREA BUSINESS SOLUTIONS
INC.(130111-0007666) LOTTE ENGINEERING & CONSTRUCTION CO.,
LTD(110111-0014764) LOTTE ASSET DEVELOPMENT CO.,
LTD(110111-2394263) DAEHONG COMMUNICATIONS INC.(110111-0249981) LOTTE DATA COMMUNICATION COMPANY(110111-1358343) FRL KOREA CO., LTD.(110111-3133298) LOTTE CAPITAL CO., LTD.(110111-1217416) LOTTE CARD CO., LTD.(110111-0641434) CHEONGNA ENERGY CO., LTD.(110111-3256818) LOTTE MILK CO., LTD.(110111-3650838) SEETECH CO., LTD. |
|
Affiliates-Overseas |
LOTTE INDIA CO., LTD. LOTTE CONFECTIONERY HOLDINGS B.V. CHOCOLATERIE GUYLIAN NV LOTTE FOOD HOLDING CO., LTD. LOTTE CHINA INVESTMENT CO.,LTD LOTTE CHINA FOODS CO.,LTD CHOCOLATERIE GUYLIAN DEUTSCHLAND CHOCOLATERIE GUYLIAN IBERIA AIMEE BVBA GUYLIAN ASIA GUYLIAN UK GUYLIAN USA SAS CHOCOLATERIE GUYLIAN FRANCE K.S.S.E(PAKISTAN) KOLSON INDUSTRIES(PRIVATE) LIMITED LOTTE QINGDAO FOODS CO., LTD LOTTE ICE (SHANDONG) CO., LTD LOTTE CONFECTIONERY (S.E.A)PTE.,LTD |
|
Overseas Office |
TOKYO OFFICE 3-20-1 NISHISHINJUKU 1600023 SHINJUKU-KU
TOKYO JAPAN
TEL:+81-3-5388-5631 FAX: 81-3-3373-5501 BEIJING OFFICE RM 710, LANDMARK BLDG., 8 NORTH DONGSANHUAN
RD., CHAOYANG DIS., BEIJING 100004 TEL:+86-10-6590-0192 FAX: 86-10-6590-0117 LA OFFICE SUITE 902 WILSHIRE BUSINESS CENTER 3435
WILSHIRE BLVD LOS ANGELES CALIFORNIA 90010 U.S.A RUSSIA OFFICE 12 KRASNOPRESNENSKAYA RD MOSCOW 123610
RUSSIA LOTTE PHILIPPINES SMI COMPOUND C RAYMUNDO AVE 1607 MAYBUNGA
PASIG NCR PHILLIPPINES LOTTE VIETNAM 41 NGUYEN THI MINH KHAI ST DISTRICT 1 HO
CHI MINH VIETNAM |
|
Subsidiary |
LOTTE PHARM CO., LTD.(110111-0657788) (100.0% held by the subject company) 904-8, SANGSIN-RI, HYANGNAM-MYEON,
HWASEONG-SI, GYEONGGI-DO 445-922 KOREA TEL: +82-31-353-4660 FAX: +82-31-353-2195 LOTTE CHINA FOODS CO., LTD (35.96% held by the subject company) LOTTE QINGDAO FOODS CO., LTD (90.0% held by the subject company) LOTTE PHILIPPINES CO.,INC (10.0% held by the subject company) LOTTE VIETNAM CO., LTD (35.71% held by the subject company) LOTTE INDIA CO., LTD (80.39% held by the subject company) LOTTE TAIWAN CO., LTD (50.0% held by the subject company) LOTTE FOOD HOLDING CO.,LIMITED (100.0% held by the subject company) BIBICA CORPORATION (36.81% held by the subject company) LOTTE EUROPE HOLDINGS B.V. (26.87% held by the subject company) LOTTE CONFECTIONERY HOLDINGS B.V. (51.0% held by the subject company) LOTTE FOOD INDIA PVT LTD (99.99% held by the subject company) |
|
Cooperative Enterprise |
The Subject has signed the agreement as
below companies for license; Contract for ice cream manufacturing
technology with U.S. Wilkes & Associates - Period: 2005. 10 ~ 2015. 10| - Payment: Net sales * 1.15% Contract for biscuit manufacturing
technology with U.S. Wilkes & Associates. - Period: 2004. 2 ~ 2014. 2 - Payment : Net sales * 0.75% Contract for snack manufacturing technology
with U.S. PepsiCo - Period : 2006.5 ~ 2009.12 - Payment : Net sales * 3% Contract for snack manufacturing technology
with U.S. Miles Willard Technologies - Period : 2006.9 ~ 2013.3 - Payment : Net sales * 1.0% Contract for Hello Kitty character use with
Sanrio Korea - Period : 2007.1 ~ 2007.12 (Contract
renewal negotiation is under way) - Payment : Net sales * 5.0% Contract for Let's & Go Max character
use with Tretoon - Period : 2007.8 ~ 2008.7 - Payment : Net sales * 1.2% Contract for Pocket Monsters character use
with Daewon C&A - Period : 2007.11 ~ 2008.10 - Payment : Net sales * 1.2 -Insured Company LOTTE NON-LIFE INSURANCE CO., LTD.(110111-0014459) |
|
Sales/ Unit :Mil KRW |
2012 |
2011 |
2010 |
|
Export |
91,599 |
81,008 |
75,904 |
|
Domestic |
1,432,627 |
1,440,959 |
1,340,565 |
|
Total |
1,524,226 |
1,521,967 |
1,416,469 |
No.
---
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.62 |
|
|
1 |
Rs.83.69 |
|
Euro |
1 |
Rs.71.41 |
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.