MIRA INFORM REPORT

 

 

Report Date :

03.08.2013

 

IDENTIFICATION DETAILS

 

Name :

DEZA, A.S.

 

 

Registered Office :

Masarykova č.p. 753 757 28 Valašské Meziříčí

 

 

Country :

Czech Republic

 

 

Financials (as on) :

31.12.2012

 

 

Date of Incorporation :

29.12.1990

 

 

Com. Reg. No.:

B 120

 

 

Legal Form :

Public limited company

 

 

Line of Business :

Manufacture of basic and auxiliary products made of raw tar

 

 

No. of Employees :

983 employees

 

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 :

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, 2013

 

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

Czech Republic

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

CZECH REPUBLIC - ECONOMIC OVERVIEW

 

The Czech Republic is a stable and prosperous market economy closely integrated with the EU, especially since the country's EU accession in 2004. While the conservative, inward-looking Czech financial system has remained relatively healthy, the small, open, export-driven Czech economy remains sensitive to changes in the economic performance of its main export markets, especially Germany. When Western Europe and Germany fell into recession in late 2008, demand for Czech goods plunged, leading to double digit drops in industrial production and exports. As a result, real GDP fell 4.7% in 2009, with most of the decline occurring during the first quarter. Real GDP, however, slowly recovered with positive quarter-on-quarter growth starting in the second half of 2009 and continuing throughout 2011. In 2012, however, the economy fell into a recession due to a slump in external demand. The auto industry remains the largest single industry, and, together with its upstream suppliers, accounts for nearly 24% of Czech manufacturing. The Czech Republic produced more than a million cars for the first time in 2010, over 80% of which were exported. Foreign and domestic businesses alike voice concerns about corruption especially in public procurement. Other long term challenges include dealing with a rapidly aging population, funding an unsustainable pension and health care system, and diversifying away from manufacturing and toward a more high-tech, services-based, knowledge economy.

Source : CIA


Company name and address


DEZA, a.s.

Masarykova č.p. 753
757 28 Valašské Meziříčí


telephone: 00420/ 571 691 111
telefax: 00420/ 571 611 546
e-mail: info@deza.cz
Web: www.deza.cz

 

 

Company details

 

 

Company development

Positive company development

 

 

Order situation

Good order situation

 

Terms of payment

mostly no complaints, but occasional delays / reminders

 

 

Business connection

Business connections are permissible

 

 

 

Legal form

Public limited company

 

 

Foundation

29/12/1990 - Public limited company

Comp. Register

29/12/1990, Krajský soud v Ostravě, RegNr.: B 120
Statistical number: 00011835
Tax number: CZ00011835

 

Share Capital

29/12/1990

CZK

818 096 000,-

 

 

11/12/1992

CZK

1 101 025 000,-

 

 

 

1.101 pc of common nominative shares at nominal value of CZK 1.000.000,-
02 pc of common nominative shares at nominal value of CZK 10.000,-
01 pc of common nominative shares at nominal value of CZK 5.000,-
- in documentary form

Main Shareholder

AGROFERT HOLDING, a.s. (Statistical number: 26185610)
Pyšelská 2327/2, 149 00 Praha 4

 

 

 

 

Board of Directors

Ing. Zbyněk Průša (06.12.1953)
Sluneční 2355, 755 01 Rožnov pod Radhoštěm
chairman of board
Tel:00420/ 571 692 101
E-mail:z.prusa@deza.cz

 

Ing. Karel Jiříček (23.06.1942)
Sluneční 2408, 756 61 Rožnov pod Radhoštěm
vice-chairman of board

 

 

Ing. Martin Marek (29.01.1970)
Horní Dráhy 2701, 756 61 Rožnov pod Radhoštěm

Supervisory Board

Ing. Oldřich Konečný (02.06.1966)
Sušilova 490, 769 01 Holešov
chairman of supervisory board
Tel:00420/ 581 252 270

 

 

Ing. Karel Vabroušek (22.08.1969)
Jabloňová 1920, 274 01 Slaný
vice-chairman of supervisory board

 

Ing. Marta Bezděková (07.05.1963)
Ve Stráni 690, 757 01 Valašské Meziříčí

 

General Data

Manufacture of basic and auxiliary products made of raw tar,
manufacture of phthalate plasticizers, processing raw benzole,
manufacture of other chemical products, manufacture
and distribution of heat and electricity.

 

Main activity:
Manufacture of other organic basic chemicals


(20.14)

 

 

Former name(s)
DEZA, akciová společnost
Beginning of validity: 29.12.1990
End of validity: 06.08.2001

 

Trade name(s)
DEZA, a.s.
Beginning of validity: 06.08.2001

 

 

Export:
Italy
Germany
Poland
India
Ukraine
Slovakia
France
USA
Romania
Austria
Hungary

57%

 

Import:
Poland
Ukraine

 

 

 

General contacts:
telephone:
00420/ 571 691 111
telefax:
00420/ 571 611 546
e-mail:
info@deza.cz
Web:
www.deza.cz

 

Address:
Masarykova č.p. 753, 757 28 Valašské Meziříčí
Beginning of validity: 06.08.2001

 

 

Masarykova 753, 757 28 Valašské Meziříčí
Beginning of validity: 17.07.1997
End of validity: 06.08.2001

 

Hřbitovní 753, 757 28 Valašské Meziříčí
Beginning of validity: 03.09.1993
End of validity: 17.07.1997

 

 

757 27 Valašské Meziříčí
Beginning of validity: 29.12.1990
End of validity: 03.09.1993

 

Branches of the business:
Tomáše Bati 1764, 765 02 Otrokovice
telephone:
00420/ 577 111 611

 

Staff

2006

1069 employees

 

2007

1071 employees

 

 

2008

1081 employees

 

2009

1011 employees

 

 

2010

963 employees

 

2011

968 employees

 

 

2012

983 employees

 

2013

983 employees

 

Annual Sales

2005

actual sales

CZK

7 204 510 000,-

 

 

2006

actual sales

CZK

7 976 791 000,-

 

 

 

2007

actual sales

CZK

8 660 134 000,-

 

 

2008

actual sales

CZK

8 994 596 000,-

 

 

 

2009

actual sales

CZK

5 166 488 000,-

 

 

2010

actual sales

CZK

7 585 128 000,-

 

 

 

2011

actual sales

CZK

8 896 593 000,-

 

 

2012

actual sales

CZK

9 509 681 000,-

 

 

Property

Property of the company: Business premises
(verified in the real estate registry)
CZ-757 28 Valašské Meziříčí - Krásno nad Bečvou, Masarykova 753

Property of the company: Business premises
(verified in the real estate registry)
CZ-765 02 Otrokovice, K. Čapka 1764

Balance sheets

The enclosed balance of 2012 from business register, it is authenticated by the auditor. (31.12.2012 - 1 CZK)
The enclosed balance of 2011 from business register, it is authenticated by the auditor. (31.12.2011 - 1 CZK)
The enclosed balance of 2010 from business register, it is authenticated by the auditor. (31.12.2010 - 1 CZK)
The enclosed balance of 2009 company's own data, it is authenticated by the auditor. (31.12.2009 - 1 CZK)

 

 

The enclosed profit/loss account of 2012 from business register, it is authenticated by the auditor. (31.12.2012 - 1 CZK)
The enclosed profit/loss account of 2011 from business register, it is authenticated by the auditor. (31.12.2011 - 1 CZK)
The enclosed profit/loss account of 2010 from business register, it is authenticated by the auditor. (31.12.2010 - 1 CZK)
The enclosed profit/loss account of 2009 company's own data, it is authenticated by the auditor. (31.12.2009 - 1 CZK)

Remarks

The company is a holder of ISO 9001 and ISO 14001 certificates.

 

 

Business management:
Ing. Zbyněk Průša – general director
Ing. Daniel Hruška – director for finance, economy and property administration,
phone: 00420/ 571 692 401, e-mail: d.hruska@deza.cz
Ing. Martin Marek – business director
Ing. Ladislav Haiker – staff director
Ing. Pavel Pustějovský – production director

The company is a part of the consolidation complex Agrofert Holding.

Subsidiaries:
- TK DEZA Valašské Meziříčí spol. s r.o., IČ 64087247,
Kouty 26, 757 01 Valašké Meziříčí, share 65%
- CS CABOT, spol. s r.o., IČ 14612411,
Masarykova 753, 757 27 Valašské Meziříčí, share 48%
- DEZA POLSKA Sp. z o.o.,
Bytomska 9, Szcecin, Poland, share 100%

To the company as to the successor company, property of the company AGROBOHEMIE a.s., IČ 63078121 as of the disappearing company has been transferred on the basis of Agreement on fusion by merger from May 14, 2008; the latter cited company was dissolved without liquidation.
Record date of the merger was stipulated for January 1, 2008.

According to information provided by the Chairman of the Board of Directors Ing. Zbynek Průša, suspension in the automotive industry and in building industry has had a really great impact upon the situation of the chemical factory. Further negative factor is the fact that the price of tar, one of the principal commodities produced by the company Deza, has strongly decreased. The second half of the year 2013 will be of decisive importance.

Contact:
Ing. J. Gvozdek – economic department chief,
phone 00420/ 571 692 421
Ing. Jaroslav Obermajer, Ph.D. – press spokesman
phone 00420/ 571 692 347

Bankers

The Royal Bank of Scotland N.V., organizační složka
Account number: 000000-7510003924/5400

Komerční banka, a.s.
Account number: 000000-6818780207/0100

The Royal Bank of Scotland N.V., organizační složka
Account number: 7510003895/5400

HSBC Bank plc - pobočka Praha
Account number: 271603102/8150

UniCredit Bank Czech Republic, a.s.
Account number: 7127499015/2700

Komerční banka, a.s.
Account number: 605851/0100

UniCredit Bank Czech Republic, a.s.
Account number: 000000-7127499007/2700

Citibank Europe plc, organizační složka
Account number: 2006580105/2600
Account number: 000000-2006580308/2600

HSBC Bank plc - pobočka Praha
Account number: 000000-0271600200/8150

(5400)

(0100)

(5400)

(8150)

(2700)

(0100)

(2700)

(2600)

(8150)

 

 

balance

31.12.2009 (CZK)

31.12.2010 (CZK)

31.12.2011 (CZK)

31.12.2012 (CZK)

r1

TOTAL ASSETS

4 411 221 000

4 642 145 000

5 216 660 000

5 514 555 000

r2

Receivables for subscriptions

 

0

0

0

r3

Fixed assets

2 628 135 000

2 663 333 000

2 702 501 000

2 718 867 000

r4

Intangible fixed assets

7 330 000

15 812 000

72 917 000

77 560 000

r5

Incorporation expenses

 

 

0

 

r6

Research and development

 

 

0

 

r7

Software

336 000

265 000

300 000

761 000

r8

Valuable rights

2 247 000

1 543 000

36 037 000

31 351 000

r9

Goodwill

 

 

0

 

r10

Other intangible fixed assets

4 747 000

14 004 000

33 621 000

35 867 000

r11

Intangible fixed assets under construction

 

 

2 959 000

9 581 000

r12

Advance payments for intangible fixed assets

 

 

0

 

r13

Tangible fixed assets

2 294 430 000

2 324 358 000

2 335 781 000

2 352 392 000

r14

Lands

97 328 000

97 267 000

97 576 000

97 507 000

r15

Constructions

1 019 089 000

1 008 021 000

980 470 000

1 072 942 000

r16

Equipment

1 160 888 000

1 092 067 000

1 047 795 000

1 035 671 000

r17

Perennial corps

 

 

136 000

 

r18

Breeding and draught animals

 

 

203 225 000

 

r19

Other tangible fixed assets

136 000

136 000

6 579 000

148 000

r20

Tangible fixed assets under construction

14 800 000

124 667 000

0

92 586 000

r21

Advance payments for tangible fixed assets

2 189 000

2 200 000

0

53 538 000

r22

Adjustment to acquired assets

 

 

0

 

r23

Long-term financial assets

326 375 000

323 163 000

293 803 000

288 915 000

r24

Shares in controlled and managed organizations

46 813 000

45 799 000

42 038 000

44 813 000

r25

Shares in accounting units with substantial influence

178 327 000

178 327 000

178 327 000

178 327 000

r26

Other securities and shares

1 000

1 000

1 000

1 000

r27

Loans to controlled and managed organizations and to accounting unit with substantial influence

0

 

73 437 000

 

r28

Other financial investments

101 234 000

99 036 000

0

65 774 000

r29

Financial investments acquired

 

 

0

 

r30

Advance payments for long-term financial assets

 

 

0

 

r31

Current assets

1 770 696 000

1 942 474 000

2 510 086 000

2 789 390 000

r32

Inventory

877 501 000

831 157 000

1 159 264 000

1 463 377 000

r33

Materials

385 418 000

336 046 000

539 891 000

488 562 000

r34

Work in progress and semi-products

221 893 000

181 918 000

248 341 000

398 625 000

r35

Finished products

265 525 000

285 445 000

345 319 000

509 934 000

r36

Animals

 

 

0

 

r37

Merchandise

376 000

435 000

148 000

424 000

r38

Advance payments for inventory

4 289 000

27 313 000

25 565 000

65 832 000

r39

Long-term receivables

9 123 000

8 397 000

7 096 000

5 286 000

r40

Trade receivables

 

 

5 281 000

 

r41

Receivables from controlled and managed organizations

 

 

1 815 000

 

r42

Receivables from accounting units with substantial influence

 

 

0

 

r43

Receivables from partners, cooperative members and association members

 

 

0

 

r44

Long-term deposits given

4 060 000

5 275 000

0

5 286 000

r45

Estimated receivable

 

 

0

 

r46

Other receivables

5 063 000

3 122 000

0

 

r47

Deferred tax receivable

 

 

0

 

r48

Short-term receivables

788 021 000

939 732 000

1 200 155 000

1 219 686 000

r49

Trade receivables

732 000 000

866 663 000

1 099 032 000

1 155 713 000

r50

Receivables from controlled and managed organizations

0

 

0

 

r51

Receivables from accounting units with substantial influence

 

 

0

 

r52

Receivables from partners, cooperative members and association members

 

 

0

 

r53

Receivables from social security and health insurance

 

 

0

 

r54

Due from state - tax receivable

10 501 000

14 730 000

43 997 000

54 874 000

r55

Short-term deposits given

24 272 000

25 216 000

55 720 000

3 106 000

r56

Estimated receivable

1 034 000

25 494 000

20 000

5 680 000

r57

Other receivables

20 214 000

7 629 000

1 386 000

313 000

r58

Short-term financial assets

96 051 000

163 188 000

143 571 000

101 041 000

r59

Cash

401 000

469 000

431 000

457 000

r60

Bank accounts

95 650 000

162 719 000

143 140 000

100 584 000

r61

Short-term securities and ownership interests

 

 

0

 

r62

Short-term financial assets acquired

 

 

0

 

r63

Accruals

12 390 000

36 338 000

4 073 000

6 298 000

r64

Deferred expenses

12 380 000

36 335 000

3 337 000

3 903 000

r65

Complex deferred costs

0

 

735 000

2 338 000

r66

Deferred income

10 000

3 000

1 000

57 000

r67

TOTAL LIABILITIES

4 411 221 000

4 642 145 000

5 216 660 000

5 514 555 000

r68

Equity

2 849 336 000

3 442 163 000

3 695 447 000

3 450 012 000

r69

Registered capital

1 101 025 000

1 101 025 000

1 101 025 000

1 101 025 000

r70

Registered capital

1 101 025 000

1 101 025 000

1 101 025 000

1 101 025 000

r71

Company’s own shares and ownership interests (-)

 

 

0

 

r72

Changes of registered capital ( +/- )

 

 

0

 

r73

Capital funds

-21 977 000

-25 189 000

-31 631 000

-21 095 000

r74

Share premium

 

 

0

 

r75

Other capital funds

15 552 000

15 552 000

15 552 000

15 552 000

r76

Differences from revaluation of assets and liabilities ( +/- )

-37 529 000

-40 741 000

-47 183 000

-36 647 000

r77

Differences from revaluation in transformation ( +/- )

 

 

0

 

r78

Reserve funds, statutory reserve account for cooperatives, and other retained earnings

221 086 000

220 896 000

220 755 000

220 537 000

r79

Legal reserve fund / indivisible fund

220 205 000

220 205 000

220 205 000

220 205 000

r80

Statutory and other funds

881 000

691 000

550 000

332 000

r81

Profit / loss - previous years

1 062 154 000

1 044 114 000

1 389 206 000

1 398 922 000

r82

Retained earnings from previous years

1 062 154 000

1 044 114 000

1 389 206 000

1 398 922 000

r83

Accumulated losses from previous years

 

 

0

 

r84

Profit / loss - current year (+/-)

487 048 000

1 101 317 000

1 016 092 000

750 623 000

r85

Liabilities

1 523 433 000

1 176 212 000

1 454 518 000

2 063 679 000

r86

Reserves

248 270 000

213 801 000

226 426 000

80 143 000

r87

Reserves under special statutory regulations

245 904 000

88 242 000

28 709 000

66 972 000

r88

Reserves for pension and similar payables

 

 

0

 

r89

Income tax reserves

0

121 470 000

187 804 000

 

r90

Other reserves

2 366 000

4 089 000

9 913 000

13 171 000

r91

Long-term payables

302 094 000

237 635 000

208 275 000

166 406 000

r92

Trade payables

 

 

0

 

r93

Payables to controlled and managed organizations

 

 

0

 

r94

Payables to accounting units with substantial influence

 

 

0

 

r95

Payables from partners, cooperative members and association members

 

 

0

 

r96

Long-term advances received

0

 

0

 

r97

Issues bonds

 

 

0

 

r98

Long-term notes payables

 

 

0

 

r99

Estimated payables

 

 

0

 

r100

Other payables

137 273 000

47 836 000

30 218 000

 

r101

Deferred tax liability

164 821 000

189 799 000

178 057 000

166 406 000

r102

Short-term payables

585 535 000

686 192 000

794 443 000

839 385 000

r103

Trade payables

394 149 000

539 906 000

673 357 000

712 078 000

r104

Payables to controlled and managed organizations

 

 

0

 

r105

Payables to accounting units with substantial influence

 

 

0

 

r106

Payables from partners, cooperative members and association members

0

 

0

 

r107

Payroll

25 208 000

25 637 000

20 801 000

27 430 000

r108

Payables to social securities and health insurance

14 364 000

15 661 000

12 458 000

13 953 000

r109

Due from state - tax liabilities and subsidies

17 322 000

21 458 000

37 397 000

35 500 000

r110

Short-term deposits received

45 602 000

32 595 000

910 000

6 703 000

r111

Issues bonds

 

 

0

 

r112

Estimated payables

12 592 000

9 163 000

9 206 000

5 383 000

r113

Other payables

76 298 000

41 772 000

40 314 000

38 338 000

r114

Bank loans and financial accommodations

387 534 000

38 584 000

225 374 000

977 745 000

r115

Long-term bank loans

80 000 000

0

0

0

r116

Short-term bank loans

307 534 000

38 584 000

225 374 000

977 745 000

r117

Short-term accommodations

 

0

0

0

r118

Accruals

38 452 000

23 770 000

66 695 000

864 000

r119

Accrued expenses

38 452 000

23 770 000

66 695 000

864 000

r120

Deferred revenues

 

 

0

 

 

 

profit/loss account

31.12.2009 (CZK)

31.12.2010 (CZK)

31.12.2011 (CZK)

31.12.2012 (CZK)

a1

Turnover

5 166 488 000

7 585 128 000

8 896 593 000

9 509 681 000

a2

Revenues from sold goods

7 052 000

6 563 000

7 386 000

6 044 000

a3

Expenses on sold goods

6 145 000

5 450 000

6 212 000

5 162 000

a4

Sale margin

907 000

1 113 000

1 174 000

882 000

a5

Production

4 797 692 000

7 563 082 000

9 070 807 000

9 913 043 000

a6

Revenues from own products and services

5 159 436 000

7 578 565 000

8 889 207 000

9 503 637 000

a7

Change in inventory of own products

-382 915 000

-40 416 000

141 187 000

380 815 000

a8

Capitalization

21 171 000

24 933 000

40 413 000

28 591 000

a9

Production consumption

4 126 214 000

5 885 233 000

7 147 263 000

8 224 246 000

a10

Consumption of material and energy

3 463 037 000

5 008 033 000

6 354 830 000

7 470 198 000

a11

Services

663 177 000

877 200 000

792 433 000

754 048 000

a12

Added value

672 385 000

1 678 962 000

1 924 718 000

1 689 679 000

a13

Personnel expenses

470 570 000

451 231 000

471 157 000

486 680 000

a14

Wages and salaries

355 453 000

331 439 000

347 561 000

359 636 000

a15

Renumeration of board members

135 000

153 000

144 000

130 000

a16

Social security expenses and health insurance

104 611 000

109 567 000

112 583 000

115 776 000

a17

Other social expenses

10 371 000

10 072 000

10 869 000

11 138 000

a18

Taxes and fees

5 816 000

5 219 000

5 231 000

8 661 000

a19

Depreciations of intangible and tangible assets

387 994 000

321 622 000

321 345 000

339 565 000

a20

Revenues from disposals of fixed assets and materials

92 965 000

55 882 000

20 573 000

22 544 000

a21

Revenues from disposals of fixed assets

76 682 000

34 454 000

498 000

1 635 000

a22

Revenues from disposals of materials

16 283 000

21 428 000

20 075 000

20 909 000

a23

Net book value of disposed fixed assets and materials

76 224 000

18 131 000

17 280 000

18 718 000

a24

Net book value of sold fixed assets

62 526 000

233 000

42 000

813 000

a25

Net book value of sold material

13 698 000

17 898 000

17 238 000

17 905 000

a26

Change in operating reserves and adjustments and complex deferred costs ( + / - )

-277 047 000

-165 448 000

5 486 000

110 175 000

a27

Other operating revenues

66 649 000

303 394 000

95 063 000

57 208 000

a28

Other operating expenses

101 083 000

331 960 000

130 185 000

95 816 000

a29

Transfer of operating revenues

 

 

0

 

a30

Transfer of operating expenses

 

 

0

 

a31

Operating profit / loss

67 359 000

1 075 523 000

1 089 670 000

709 816 000

a32

Revenues from sales of securities and ownership interests

2 047 571 000

 

0

 

a33

Sold securities and ownership interests

1 993 239 000

 

0

 

a34

Revenues from long-term financial assets

395 284 000

110 596 000

120 710 000

194 732 000

a35

Revenues from shares in controlled and managed organizations and in accounting units with substantial influence

395 284 000

110 596 000

120 710 000

194 732 000

a36

Revenues from others securities and ownership interests

 

 

0

 

a37

Revenues from other long-term financial assets

 

 

0

 

a38

Revenues from short-term financial assets

57 000

8 000

2 000

33 000

a39

Expenses associated with financial assets

 

 

0

 

a40

Revenues from revaluation of securities and derivatives

60 777 000

59 857 000

229 000

7 189 000

a41

Cost of revaluation of securities and derivatives

32 777 000

1 316 000

8 160 000

1 665 000

a42

Change in financial reserves and adjustments ( + / - )

 

 

0

 

a43

Interest revenues

1 849 000

662 000

547 000

724 000

a44

Interest expenses

26 147 000

3 613 000

2 321 000

1 541 000

a45

Other financial revenues

113 109 000

142 370 000

157 792 000

115 781 000

a46

Other financial expenses

131 939 000

140 147 000

133 116 000

143 603 000

a47

Transfer of financial revenues

 

 

0

0

a48

Transfer of financial expenses

 

 

0

0

a49

Profit / loss from financial operations ( transactions )

434 545 000

168 417 000

135 683 000

171 650 000

a50

Income tax on ordinary income

14 856 000

147 904 000

209 261 000

130 843 000

a51

Due tax

211 000

122 926 000

221 003 000

142 494 000

a52

Tax deferred

14 645 000

24 978 000

-11 742 000

-11 651 000

a53

Operating profit / loss ordinary activity

487 048 000

1 096 036 000

1 016 092 000

750 623 000

a54

Extraordinary revenues

 

6 025 000

0

 

a55

Extraordinary expenses

 

 

0

 

a56

Income tax on extraordinary income

 

744 000

0

0

a57

Due tax

 

744 000

0

 

a58

Tax deferred

 

 

0

 

a59

Operating profit / loss extraordinary activity

 

5 281 000

0

0

a60

Transfer profit ( loss ) to partners (+/-)

 

 

0

 

a61

Profit / loss of current accounting period (+/-)

487 048 000

1 101 317 000

1 016 092 000

750 623 000

a62

Profit / loss before tax (+/-)

501 904 000

1 249 965 000

1 225 353 000

881 466 000

 

Operating cash flow

985 571 000

1 287 957 000

 

599 376 000

 

Investment cash flow

-725 029 000

-465 876 000

 

-357 465 000

 

Financial cash flow

-310 114 000

-754 944 000

 

-284 441 000

 

Receivables after due date total

91 612 000

110 546 000

145 368 000

165 844 000

 

Liabilities after due date total

2 486 000

4 839 000

1 053 000

7 451 000

Balance indices

 

31.12.2009

31.12.2010

31.12.2011

31.12.2012

Return on total assets ROA (in %)

a62/r1 * 100

11,38

26,93

23,49

15,98

Return on equity ROE (in %)

a62/r68 * 100

17,61

36,31

33,16

25,55

Return on sales ROS (in %)

a62/a1 * 100

9,71

16,48

13,77

9,27

Turnover of receivables (in days)

r49/a1 * 365

51,71

41,70

45,09

44,36

Turnover of liabilities (in days)

r103/a1 * 365

27,85

25,98

27,63

27,33

Turnover of inventories (days)

r32/a1 * 365

61,99

40,00

47,56

56,17

Net working capital (in ths. CZK)

r31 - r102 - r116 - r117

877 627,00

1 217 698,00

1 490 269,00

972 260,00

Ratio of accounts payable to accounts receivable (in %)

(r39+r48) / (r91+r102) * 100

89,81

102,63

120,40

121,79

Ratio of profit/loss to tangible assets (in%)

r3 / a1 * 100

50,87

35,11

30,38

28,59

Current ratio

r31 / (r102+r116+r117)

1,98

2,68

2,46

1,54

Quick ratio

(r58+r48) / (r102+r116+r117)

0,99

1,52

1,32

0,73

Cash ratio

r58 / (r102+r116+r117)

0,11

0,23

0,14

0,06

Debt ratio I (in %)

(1-r68/r67) * 100

35,41

25,85

29,16

37,44

Debt ratio II (in %)

r85/r67 * 100

34,54

25,34

27,88

37,42

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.60.80

UK Pound

1

Rs.91.95

Euro

1

Rs.80.36

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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.