|
Report Date : |
08.08.2013 |
IDENTIFICATION DETAILS
|
Name : |
SYNTHESIA, A.S. |
|
|
|
|
Registered Office : |
Semtín 103 530
02 Pardubice |
|
|
|
|
Country : |
Czech Republic |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
01.01.1994 |
|
|
|
|
Legal Form : |
Public limited company |
|
|
|
|
Line of Business : |
Manufacture and sale of chemical products |
|
|
|
|
No. of Employees : |
1618 |
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 |
SYNTHESIA, A.S.
Semtín 103
530 02 Pardubice
telephone: 00420/ 466 821 111
telefax: 00420/ 466 822 900
e-mail: synthesia@synthesia.cz
Web: www.synthesia.cz
|
Company development |
Positive business development |
|
Order situation |
Satisfactory order situation |
|
Terms of payment |
mostly no complaints, but occasional delays / reminders |
|
Business connection |
Business connections appear permissible |
|
Legal form |
Public limited company |
|
|
Foundation |
01/01/1994 - Public limited company |
|
Comp. Register |
25/11/2002, Krajský soud Hradec Králové, RegNr.:
B 1031 |
|
Share Capital |
01/01/1994 |
CZK |
5 713 319 000,- |
|
|
|
31/12/1998 |
CZK |
10 730 105 600,- |
|
|
|
28/02/2003 |
CZK |
4 292 042 240,- |
|
|
|
04/02/2004 |
CZK |
4 304 599 240,- |
|
|
|
30/12/2010 |
CZK |
3 013 219 468,- |
|
||||
|
|
11/11/2011 |
CZK |
1 657 270 707,- |
|
||||
|
|
12 557 pcs nominative shares at nominal
value of CZK 385,-- |
||||
|
Main Shareholder |
AGROFERT
HOLDING, a.s. (Statistical number: 26185610) |
% |
100 |
|
|
|
Board of Directors |
Ing. Jan Stoklasa (10.05.1971) |
|
|
Ing. Dagmar
Šefčíková (15.06.1963) |
|
|
Ing. Josef Liška (12.03.1970) |
|
|
Ing. Daniel
Rubeš (01.12.1973) |
|
|
Ing. Tomáš
Procházka (07.01.1965) |
|
Supervisory
Board |
Ing. Karel Vabroušek (22.08.1969) |
|
|
Ing. Jiří
Perk (13.11.1949) |
|
|
Pavel Kraval (09.09.1962) |
|
General Data |
Manufacture and sale of chemical products: pigments and colours, |
||
|
|
Main activity: |
|
|
|
|
Former name(s) |
|
|
ALIACHEM a.s. |
|
|
Trade name(s) |
||
|
|
Export: |
79% |
|
|
|
General
contacts: |
|
|
Address: |
|
|
Semtín č.p. 103, 532 17 Pardubice |
|
|
Pardubice č.p. 103, 532 17 Pardubice |
|
|
Kodaňská 46, 100 10 Praha 10 |
|
|
532 17 Pardubice - Semtín |
|
Staff |
2008 |
2044 employees |
|
|
2009 |
1824 employees |
|
|
2010 |
1713 employees |
|
|
2011 |
1635 employees |
|
|
2012 |
1618 employees |
|||||
|
Annual Sales |
2005 |
actual sales |
CZK |
6 715 699 000,- |
|
||
|
|
2006 |
actual sales |
CZK |
3 440 591 000,- |
|
|
|
2007 |
actual sales |
CZK |
3 510 375 000,- |
|
|
|
2008 |
actual sales |
CZK |
3 449 547 000,- |
|
|
|
2009 |
actual sales |
CZK |
2 847 132 000,- |
|
|
|
2010 |
actual sales |
CZK |
3 258 638 000,- |
|
|
|
2011 |
actual sales |
CZK |
3 200 304 000,- |
|
|
|
2012 |
actual sales |
CZK |
3 331 232 000,- |
|
|
|
2013 |
projected sales |
CZK |
3 440 000 000,- |
|
|
Property |
Property of the company: Business premises
|
|
Balance sheets |
The enclosed balance of 2012 is originated
from other source, it is authenticated by the auditor. (31.12.2012 - 1 CZK) |
|
|
The enclosed profit/loss account of 2012
is originated from other source, it is authenticated by the auditor.
(31.12.2012 - 1 CZK) |
|
Remarks |
The company is a holder of ISO 9001
certificate. |
|
|
The company is a holder of OHSAS 18001
certificate. |
|
|
Bankers |
Komerční banka, a.s. |
(0100) |
|
Financials Details
|
|||||
|
|
balance |
31.12.2009 (CZK)
|
31.12.2010 (CZK)
|
31.12.2011 (CZK)
|
31.12.2012 (CZK)
|
|
r1 |
TOTAL ASSETS |
3 864 745 000 |
3 956 711 000 |
3 490 142 000 |
3 005 820 000 |
|
r2 |
Receivables for subscriptions |
0 |
0 |
0 |
0 |
|
r3 |
Fixed assets |
2 196 115 000 |
1 967 562 000 |
955 355 000 |
1 117 872 000 |
|
r4 |
Intangible fixed assets |
45 033 000 |
37 671 000 |
73 906 000 |
90 117 000 |
|
r6 |
Research and development |
30 808 000
|
10 543 000
|
500 000 |
|
|
r7 |
Software |
1 712 000
|
1 305 000
|
2 865 000
|
3 954 000
|
|
r8 |
Valuable rights |
9 483 000
|
4 388 000
|
11 609 000
|
11 903 000
|
|
r10 |
Other intangible fixed assets |
2 901 000
|
20 124 000
|
48 984 000
|
54 357 000
|
|
r11 |
Intangible fixed assets under construction |
129 000 |
1 311 000
|
9 948 000
|
19 903 000
|
|
r13 |
Tangible fixed assets |
1 091 619 000 |
868 412 000 |
847 844 000 |
992 967 000 |
|
r14 |
Lands |
248 727 000
|
144 379 000
|
146 365 000
|
151 609 000
|
|
r15 |
Constructions |
650 292 000
|
383 573 000
|
267 544 000
|
254 422 000
|
|
r16 |
Equipment |
137 298 000
|
312 826 000
|
418 303 000
|
451 617 000
|
|
r19 |
Other tangible fixed assets |
93 000 |
93 000 |
93 000 |
95 000 |
|
r20 |
Tangible fixed assets under construction |
49 176 000
|
23 399 000
|
14 259 000
|
134 062 000
|
|
r21 |
Advance payments for tangible fixed assets |
4 519 000
|
2 745 000
|
|
|
|
r22 |
Adjustment to acquired assets |
1 514 000
|
1 397 000
|
1 280 000
|
1 162 000
|
|
r23 |
Long-term financial assets |
1 059 463 000 |
1 061 479 000 |
33 605 000 |
34 788 000 |
|
r24 |
Shares in controlled and managed organizations |
1 059 463 000
|
1 061 479 000
|
32 573 000
|
34 537 000
|
|
r26 |
Other securities and shares |
|
|
1 032 000
|
251 000 |
|
r31 |
Current assets |
1 663 878 000 |
1 974 851 000 |
2 527 951 000 |
1 882 925 000 |
|
r32 |
Inventory |
905 172 000 |
697 085 000 |
841 925 000 |
920 641 000 |
|
r33 |
Materials |
339 733 000
|
316 486 000
|
344 979 000
|
365 328 000
|
|
r34 |
Work in progress and semi-products |
157 387 000
|
137 033 000
|
148 317 000
|
142 160 000
|
|
r35 |
Finished products |
395 202 000
|
233 014 000
|
340 364 000
|
404 014 000
|
|
r36 |
Animals |
14 000 |
14 000 |
|
|
|
r37 |
Merchandise |
12 638 000
|
8 276 000
|
5 363 000
|
8 515 000
|
|
r38 |
Advance payments for inventory |
198 000 |
2 262 000
|
2 902 000
|
624 000 |
|
r39 |
Long-term receivables |
101 051 000 |
81 191 000 |
55 396 000 |
31 402 000 |
|
r40 |
Trade receivables |
100 000 000
|
76 000 000
|
52 000 000
|
28 000 000
|
|
r44 |
Long-term deposits given |
1 023 000
|
2 018 000
|
340 000 |
363 000 |
|
r46 |
Other receivables |
28 000 |
3 173 000
|
3 056 000
|
3 039 000
|
|
r48 |
Short-term receivables |
580 901 000 |
793 814 000 |
1 266 703 000 |
546 446 000 |
|
r49 |
Trade receivables |
526 692 000
|
558 622 000
|
490 215 000
|
460 453 000
|
|
r50 |
Receivables from controlled and managed organizations |
|
170 000 000
|
705 477 000
|
|
|
r54 |
Due from state - tax receivable |
28 942 000
|
11 055 000
|
34 742 000
|
48 949 000
|
|
r55 |
Short-term deposits given |
3 009 000
|
2 470 000
|
1 734 000
|
2 722 000
|
|
r56 |
Estimated receivable |
21 373 000
|
17 575 000
|
12 427 000
|
15 272 000
|
|
r57 |
Other receivables |
885 000 |
34 092 000
|
22 108 000
|
19 050 000
|
|
r58 |
Short-term financial assets |
76 754 000 |
402 761 000 |
363 927 000 |
384 436 000 |
|
r59 |
Cash |
789 000 |
870 000 |
1 059 000
|
927 000 |
|
r60 |
Bank accounts |
57 515 000
|
236 935 000
|
202 868 000
|
383 509 000
|
|
r61 |
Short-term securities and ownership interests |
18 450 000
|
164 956 000
|
160 000 000
|
|
|
r63 |
Accruals |
4 752 000 |
14 298 000 |
6 836 000 |
5 023 000 |
|
r64 |
Deferred expenses |
3 852 000
|
13 254 000
|
6 104 000
|
4 474 000
|
|
r65 |
Complex deferred costs |
|
916 000 |
732 000 |
549 000 |
|
r66 |
Deferred income |
900 000 |
128 000 |
|
|
|
r67 |
TOTAL LIABILITIES |
3 864 745 000 |
3 956 711 000 |
3 490 142 000 |
3 005 820 000 |
|
r68 |
Equity |
3 318 476 000 |
3 434 276 000 |
2 867 310 000 |
2 252 270 000 |
|
r69 |
Registered capital |
4 304 599 000 |
3 013 219 000 |
1 657 271 000 |
1 657 271 000 |
|
r70 |
Registered capital |
4 304 599 000
|
3 013 219 000
|
1 657 271 000
|
1 657 271 000
|
|
r73 |
Capital funds |
99 648 000 |
111 929 000 |
103 918 000 |
108 081 000 |
|
r75 |
Other capital funds |
102 645 000
|
102 645 000
|
102 645 000
|
102 651 000
|
|
r76 |
Differences from revaluation of assets and liabilities ( +/- ) |
-2 997 000
|
9 284 000
|
1 273 000
|
5 430 000
|
|
r78 |
Reserve funds, statutory reserve account for cooperatives, and other
retained earnings |
90 664 000 |
55 609 000 |
68 157 000 |
121 038 000 |
|
r79 |
Legal reserve fund / indivisible fund |
11 522 000
|
11 522 000
|
24 198 000
|
76 053 000
|
|
r80 |
Statutory and other funds |
79 142 000
|
44 087 000
|
43 959 000
|
44 985 000
|
|
r81 |
Profit / loss - previous years |
-538 075 000 |
|
862 000 |
114 344 000 |
|
r82 |
Retained earnings from previous years |
|
|
862 000 |
114 344 000
|
|
r83 |
Accumulated losses from previous years |
-538 075 000
|
|
|
|
|
r84 |
Profit / loss - current year (+/-) |
-638 360 000 |
253 519 000 |
1 037 102 000 |
251 536 000 |
|
r85 |
Liabilities |
545 857 000 |
522 067 000 |
622 477 000 |
753 202 000 |
|
r86 |
Reserves |
78 160 000 |
67 886 000 |
120 541 000 |
149 314 000 |
|
r87 |
Reserves under special statutory regulations |
10 722 000
|
3 017 000
|
3 017 000
|
2 978 000
|
|
r90 |
Other reserves |
67 438 000
|
64 869 000
|
117 524 000
|
146 336 000
|
|
r91 |
Long-term payables |
51 000 |
49 000 |
1 425 000 |
739 000 |
|
r92 |
Trade payables |
|
|
1 372 000
|
686 000 |
|
r96 |
Long-term advances received |
51 000 |
49 000 |
53 000 |
53 000 |
|
r102 |
Short-term payables |
467 646 000 |
454 132 000 |
500 511 000 |
603 149 000 |
|
r103 |
Trade payables |
266 267 000
|
255 733 000
|
301 468 000
|
422 756 000
|
|
r104 |
Payables to controlled and managed organizations |
1 900 000
|
|
|
|
|
r107 |
Payroll |
31 554 000
|
29 085 000
|
26 953 000
|
27 384 000
|
|
r108 |
Payables to social securities and health insurance |
17 323 000
|
15 903 000
|
15 712 000
|
15 930 000
|
|
r109 |
Due from state - tax liabilities and subsidies |
9 236 000
|
23 515 000
|
52 230 000
|
44 163 000
|
|
r110 |
Short-term deposits received |
6 913 000
|
10 604 000
|
8 377 000
|
6 852 000
|
|
r112 |
Estimated payables |
119 932 000
|
116 690 000
|
61 952 000
|
69 507 000
|
|
r113 |
Other payables |
14 521 000
|
2 602 000
|
33 819 000
|
16 557 000
|
|
r114 |
Bank loans and financial accommodations |
0 |
0 |
0 |
0 |
|
r115 |
Long-term bank loans |
0 |
0 |
0 |
0 |
|
r116 |
Short-term bank loans |
0 |
0 |
0 |
0 |
|
r117 |
Short-term accommodations |
0 |
0 |
0 |
0 |
|
r118 |
Accruals |
412 000 |
368 000 |
355 000 |
348 000 |
|
r119 |
Accrued expenses |
41 000 |
5 000 |
|
|
|
r120 |
Deferred revenues |
371 000 |
363 000 |
355 000 |
348 000 |
|
|
profit/loss account |
31.12.2009 (CZK)
|
31.12.2010 (CZK)
|
31.12.2011 (CZK)
|
31.12.2012 (CZK)
|
|||||
|
a1 |
Turnover |
2 847 132 000 |
3 258 638 000 |
3 200 304 000 |
3 331 232 000 |
|||||
|
a2 |
Revenues from sold goods |
34 404 000
|
53 073 000
|
39 867 000
|
40 623 000
|
|||||
|
a3 |
Expenses on sold goods |
26 413 000
|
44 308 000
|
31 126 000
|
33 509 000
|
|||||
|
a4 |
Sale margin |
7 991 000 |
8 765 000 |
8 741 000 |
7 114 000 |
|||||
|
a5 |
Production |
2 597 502 000 |
3 004 883 000 |
3 304 936 000 |
3 384 181 000 |
|||||
|
a6 |
Revenues from own products and services |
2 812 728 000
|
3 205 565 000
|
3 160 437 000
|
3 290 609 000
|
|||||
|
a7 |
Change in inventory of own products |
-243 462 000
|
-237 707 000
|
112 699 000
|
35 247 000
|
|||||
|
a8 |
Capitalization |
28 236 000
|
37 025 000
|
31 800 000
|
58 325 000
|
|||||
|
a9 |
Production consumption |
1 869 534 000 |
2 064 018 000 |
2 344 672 000 |
2 435 219 000 |
|||||
|
a10 |
Consumption of material and energy |
1 496 648 000
|
1 664 061 000
|
1 903 758 000
|
1 974 501 000
|
|||||
|
a11 |
Services |
372 886 000
|
399 957 000
|
440 914 000
|
460 718 000
|
|||||
|
a12 |
Added value |
735 959 000 |
949 630 000 |
969 005 000 |
956 076 000 |
|||||
|
a13 |
Personnel expenses |
602 162 000 |
618 186 000 |
568 638 000 |
618 023 000 |
|||||
|
a14 |
Wages and salaries |
447 891 000
|
456 966 000
|
420 596 000
|
455 819 000
|
|||||
|
a15 |
Renumeration of board members |
215 000 |
153 000 |
139 000 |
129 000 |
|||||
|
a16 |
Social security expenses and health insurance |
144 375 000
|
152 430 000
|
139 968 000
|
151 269 000
|
|||||
|
a17 |
Other social expenses |
9 681 000
|
8 637 000
|
7 935 000
|
10 806 000
|
|||||
|
a18 |
Taxes and fees |
7 439 000
|
4 698 000
|
6 894 000
|
9 737 000
|
|||||
|
a19 |
Depreciations of intangible and tangible assets |
808 876 000
|
287 455 000
|
249 524 000
|
241 479 000
|
|||||
|
a20 |
Revenues from disposals of fixed assets and materials |
155 296 000 |
71 455 000 |
38 297 000 |
22 290 000 |
|||||
|
a21 |
Revenues from disposals of fixed assets |
130 248 000
|
33 253 000
|
8 092 000
|
3 350 000
|
|||||
|
a22 |
Revenues from disposals of materials |
25 048 000
|
38 202 000
|
30 205 000
|
18 940 000
|
|||||
|
a23 |
Net book value of disposed fixed assets and materials |
27 028 000 |
52 735 000 |
14 177 000 |
9 652 000 |
|||||
|
a24 |
Net book value of sold fixed assets |
4 990 000
|
4 839 000
|
491 000 |
823 000 |
|||||
|
a25 |
Net book value of sold material |
22 038 000
|
47 896 000
|
13 686 000
|
8 829 000
|
|||||
|
a26 |
Change in operating reserves and adjustments and complex deferred
costs ( + / - ) |
-23 072 000
|
-107 054 000
|
-11 877 000
|
-133 422 000
|
|||||
|
a27 |
Other operating revenues |
151 017 000
|
162 504 000
|
301 335 000
|
160 949 000
|
|||||
|
a28 |
Other operating expenses |
285 870 000
|
211 752 000
|
286 340 000
|
186 139 000
|
|||||
|
a31 |
Operating profit / loss |
-666 031 000 |
115 817 000 |
194 941 000 |
207 707 000 |
|||||
|
a32 |
Revenues from sales of securities and ownership interests |
|
50 000 |
1 741 426 000
|
|
|||||
|
a33 |
Sold securities and ownership interests |
|
100 000 |
1 028 955 000
|
|
|||||
|
a34 |
Revenues from long-term financial assets |
21 602 000 |
66 077 000 |
100 000 000 |
20 113 000 |
|||||
|
a35 |
Revenues from shares in controlled and managed organizations and in
accounting units with substantial influence |
21 602 000
|
66 077 000
|
100 000 000
|
20 059 000
|
|||||
|
a37 |
Revenues from other long-term financial assets |
|
|
|
54 000 |
|||||
|
a38 |
Revenues from short-term financial assets |
|
1 293 000
|
1 744 000
|
336 000 |
|||||
|
a40 |
Revenues from revaluation of securities and derivatives |
66 239 000
|
87 031 000
|
18 970 000
|
24 477 000
|
|||||
|
a41 |
Cost of revaluation of securities and derivatives |
8 995 000
|
3 437 000
|
10 537 000
|
5 738 000
|
|||||
|
a42 |
Change in financial reserves and adjustments ( + / - ) |
50 000 |
-50 000 |
|
|
|||||
|
a43 |
Interest revenues |
8 542 000
|
8 618 000
|
12 242 000
|
9 879 000
|
|||||
|
a44 |
Interest expenses |
8 516 000
|
10 000 |
2 000 |
0 |
|||||
|
a45 |
Other financial revenues |
230 788 000
|
91 592 000
|
68 549 000
|
67 403 000
|
|||||
|
a46 |
Other financial expenses |
281 939 000
|
113 462 000
|
61 273 000
|
72 634 000
|
|||||
|
a49 |
Profit / loss from financial operations ( transactions ) |
27 671 000 |
137 702 000 |
842 164 000 |
43 836 000 |
|||||
|
a50 |
Income tax on ordinary income |
0 |
0 |
3 000 |
7 000 |
|||||
|
a51 |
Due tax |
|
|
3 000 |
7 000 |
|||||
|
a53 |
Operating profit / loss ordinary activity |
-638 360 000 |
253 519 000 |
1 037 102 000 |
251 536 000 |
|||||
|
a59 |
Operating profit / loss extraordinary activity |
0 |
0 |
0 |
0 |
|||||
|
a61 |
Profit / loss of current accounting period (+/-) |
-638 360 000 |
253 519 000 |
1 037 102 000 |
251 536 000 |
|||||
|
a62 |
Profit / loss before tax (+/-) |
-638 360 000 |
253 519 000 |
1 037 105 000 |
251 543 000 |
|||||
|
|
Operating cash flow |
152 401 000 |
491 228 000 |
389 157 000 |
594 180 000 |
|||||
|
|
Investment cash flow |
-15 373 000 |
-13 321 000 |
1 168 066 000 |
297 146 000 |
|||||
|
|
Financial cash flow |
-359 416 000 |
-151 900 000 |
-1 596 057 000 |
-870 817 000 |
|||||
|
|
Receivables after due date total |
698 828 000 |
643 779 000 |
708 715 000 |
690 298 000 |
|||||
|
|
Liabilities after due date total |
1 682 000 |
843 000 |
2 344 000 |
2 342 000 |
|||||
|
Balance indices |
|
31.12.2009 |
31.12.2010 |
31.12.2011 |
31.12.2012 |
|||||
|
Return on total assets ROA (in %) |
a62/r1 * 100 |
-16,52 |
6,41 |
29,72 |
8,37 |
|||||
|
Return on equity ROE (in %) |
a62/r68 * 100 |
-19,24 |
7,38 |
36,17 |
11,17 |
|||||
|
Return on sales ROS (in %) |
a62/a1 * 100 |
-22,42 |
7,78 |
32,41 |
7,55 |
|||||
|
Turnover of receivables (in days) |
r49/a1 * 365 |
67,52 |
62,57 |
55,91 |
50,45 |
|||||
|
Turnover of liabilities (in days) |
r103/a1 * 365 |
34,14 |
28,64 |
34,38 |
46,32 |
|||||
|
Turnover of inventories (days) |
r32/a1 * 365 |
116,04 |
78,08 |
96,02 |
100,87 |
|||||
|
Net working capital (in ths. CZK) |
r31 - r102 - r116 - r117 |
1 196 232,00
|
1 520 719,00
|
2 027 440,00
|
1 279 776,00
|
|||||
|
Ratio of accounts payable to accounts receivable (in %) |
(r39+r48) / (r91+r102) * 100 |
145,81 |
192,66 |
263,40 |
95,69 |
|||||
|
Ratio of profit/loss to tangible assets (in%) |
r3 / a1 * 100 |
77,13 |
60,38 |
29,85 |
33,56 |
|||||
|
Current ratio |
r31 / (r102+r116+r117) |
3,56 |
4,35 |
5,05 |
3,12 |
|||||
|
Quick ratio |
(r58+r48) / (r102+r116+r117) |
1,41 |
2,63 |
3,26 |
1,54 |
|||||
|
Cash ratio |
r58 / (r102+r116+r117) |
0,16 |
0,89 |
0,73 |
0,64 |
|||||
|
Debt ratio I (in %) |
(1-r68/r67) * 100 |
14,13 |
13,20 |
17,85 |
25,07 |
|||||
|
Debt ratio II (in %) |
r85/r67 * 100 |
14,12 |
13,19 |
17,84 |
25,06 |
|||||
|
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.39 |
|
|
1 |
Rs.94.17 |
|
Euro |
1 |
Rs.81.70 |
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 |
|
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.