MIRA INFORM REPORT

 

 

Report Date :

24.12.2013

 

IDENTIFICATION DETAILS

 

Name :

GRUPA AZOTY ZAKLADY AZOTOWE „PULAWY” SA

 

 

Formerly Known as: 

Zaklady Azotowe PUlAWY SA

 

 

Registered Office :

al. Tysiaclecia Panstwa Polskiego 13, 24-100 Pulawy

 

 

Country :

Poland

 

 

Financials (as on) :

30.09.2013

 

 

Year of Establishments:

1961

 

 

Com. Reg. No.:

01.09.1992, District Court Lublin, RHB 2751

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

Engaged in production and sale of nitrogen fertilizers and compounds

 

 

No. of Employees :

3294 (2013)

 

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 :

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 – September 30th, 2013

 

Country Name

Previous Rating

(30.06.2013)

Current Rating

(30.09.2013)

Poland

B1

B1

 

Risk Category

ECGC Classification

 

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Poland ECONOMIC OVERVIEW

 

Poland has pursued a policy of economic liberalization since 1990 and Poland's economy was the only one in the European Union to avoid a recession through the 2008-09 economic downturn. Although EU membership and access to EU structural funds have provided a major boost to the economy since 2004, GDP per capita remains significantly below the EU average while unemployment continues to exceed the EU average. The government of Prime Minister Donald TUSK steered the Polish economy through the economic downturn by skillfully managing public finances without stifling economic growth and adopted controversial pension and tax reforms to further shore up public finances. While the Polish economy has performed well over the past five years, growth slowed in 2012, in part due to the ongoing economic difficulties in the euro zone. The key policy challenge is to provide support to the economy through monetary easing, while maintaining the pace of structural fiscal consolidation. Poland's economic performance could improve over the longer term if the country addresses some of the remaining deficiencies in its road and rail infrastructure and its business environment. An inefficient commercial court system, a rigid labor code, red tape, and a burdensome tax system keep the private sector from realizing its full potential.

 

Source : CIA

 

 


Company name & address

 

GRUPA AZOTY ZAKADY AZOTOWE „PULAWY” SA

al. Tysiaclecia Panstwa Polskiego 13

24-100 Pulawy

Phone:  81 5653000

Fax:      81 5652856

 

 

Company summary

 

Legal form                     Joint Stock Company

Stat.no.                         430528900

Tax ID PL                      7160001822

Establishment               1961 as State-owned enterprise

24.03.1992 as Joint Stock Company

 

Changes of names and addresses

24.03.1992                    Zaklady Azotowe PUlAWY SA

04.04.2013                    GRUPA AZOTY ZAKlADY AZOTOWE „PUlAWY” SA

 

Registration:

11.05.2001, District Court Lublin, VI Department, KRS 11737

 

Data concerning previous registrations:

01.09.1992, District Court Lublin, RHB 2751

 

Shareholders               GRUPA AZOTY SA, ul. Eugeniusza

Kwiatkowskiego 8, 33-101 Tarnów

Percent of owned shares 95.98%

 

shareholders' list as at 22.01.2013

 

Share capital               PLN 191 150 000,00

Share capital divided into 19115000 shares of PLN 10,00 each

 

Changes of share capital

- until 03.11.2005 the capital estimated PLN 136 000 000,00

 

Management

 Marian Rybak , personal ID no. (PESEL) 49020205611

- president

 

Wojciech Krzysztof Kozak , personal ID no. (PESEL) 61060606012

- vice president

 

Zenon Pokojski , personal ID no. (PESEL) 56100903754, ul. Ignacego

Krasickiego 45A, 05-070 Sulejówek

- vice president


Proxies:

Hubert Kamola , personal ID no. (PESEL) 77110206150

Anna Boena Gol , personal ID no. (PESEL) 65100503482

 

Representation:

If one man board – Member of the board of directors or proxy

Individually

 

If numerous managers – Two members of the board of directors jointly

or member of the board of directors and proxy jointly

 

Supervisory board

Cezary Jan Mozenski , personal ID no. (PESEL) 57091507073, ul.

Krasinskiego 4, 24-100 Pulawy

- chairman

 

Jerzy Koziara , personal ID no. (PESEL) 48092804696

- deputy-chairman

 

Marek Kaplucha , personal ID no. (PESEL) 64013000451

- member

 

Andrzej Pawel Bartuzi , personal ID no. (PESEL) 72120404011

- member

 

Jacek Józef Wójtowicz , personal ID no. (PESEL) 58052910017

- member

 

Andrzej Skolmowski , personal ID no. (PESEL) 72071514876

 

Main activity

Production and sale of nitrogen fertilizers and compounds

 

Export 2012 (44.90%)

 

Branches NACE 2007:

Manufacture of fertilizers and nitrogen compounds (C.20.15.Z

 

Manufacture of basic chemicals, fertilizers and nitrogen compounds, plastics and synthetic rubber in primary forms (C.20.1)

 

Employment

2009:    3336 employees

2010:    3332 employees

2011:    3311 employees

2012:    3284 employees

2013:    3294 employees


Employment in the capital group:

2010:                3834 employees

2011:                4178 employees

2012:                4334 employees

30.09.2013:       4477 employees

 

Turnover

01.07.2009 - 30.06.2010             PLN 2 055 903 000,00

01.07.2010 - 30.06.2011             PLN 2 822 689 000,00

01.07.2011 - 30.06.2012             PLN 3 662 097 000,00

01.07.2012 - 30.06.2013             PLN 3 684 534 000,00

01.07.2013 - 30.09.2013             PLN 780 918 000,00

 

Consolidated Turnover

01.07.2010 - 30.06.2011 PLN 2 882 320 000,00

01.07.2011 - 30.06.2012             PLN 3 948 331 000,00

01.07.2012 - 31.12.2012             PLN 1 850 633 000,00

01.07.2012 - 30.06.2013 PLN 3 885 955 000,00

01.01.2013 - 30.09.2013             PLN 7 473 136 000,00

 

 

Financial statements

 

Source of financial data                      other                other                other                            Monitor

Polski B

periodic           annual                         annual                                     annual

Personal balance sheet as at              30.09.2013        30.06.2013        30.06.2012                    30.06.2011

 

Amount in (PLN)

 

-A. Fixed assets...................... 1 940 102 000,00  1 903 633 000,00        1 624 329 000,00    1 498 779 000,00

- I. Tangible assets.................    1 606 186 000,00 1 569 786 000,00         1 385 443 000,00     1 218 509 000,00

- c) buildings and other civil

and water engineering objects....                                                 452 002 000,00 419 917 000,00

- d) technical appliances and

machinery.............................                                                                582 936 000,00 552 177 000,00

- e) means of transport..........                                                                 7 817 000,00                 7 953 000,00

- f) other fixed goods...........                                                                    46 037 000,00                44 027 000,00

- 2. Fixed goods under

construction..........................                                                                296 651 000,00              194 435 000,00

- II. Intangible assets..............    34 233 000,00      34 510 000,00             34 295 000,00                33 722 000,00

- V. Investment real estate.......... 14 568 000,00     14 683 000,00             13 670 000,00                14 427 000,00

- VI. Long term financial assets..... 203 884 000,00 204 531 000,00            190 885 000,00 124 502 000,00

- a) shares and quotas...........                                                                                                     124 502 000,00

-IX. Long term receivables............ 81 231 000,00    80 123 000,00             36 000,00                      107 619 000,00

-B. Current Assets.................... 1 276 679 000,00  1 308 618 000,00       1 403 270 000,00           863 563 000,00


- I. Stocks..........................        263 244 000,00    303 378 000,00           304 866 000,00 306 109 000,00

- III. Receivables due to income

tax/ current..........................                                                                                                      4 766 000,00

- IV. Trade receivables and other

receivables/ supply and services

receivables and other receivables 569 892 000,00   568 677 000,00            656 024 000,00 477 608 000,00

- 3. Trade receivables from other

companies.............................      550 379 000,00  549 164 000,00

- 4. Other receivables and

prepayments...........................     19 513 000,00       19   513 000,00

- VIII. Cash and cash equivalents.... 439 932 000,00  436 532 000,00        442 380 000,00   75 045 000,00

- XI. Derivate financial instruments. 3 503 000,00        31 000,00                                                    31 000,00

- XIV. Fixed assets for sale.........  108 000,00             4 000,00

-Total assets.........................       3 216 781 000,00  3 212 251 000,00     3 027 599 000,00  2 362 342 000,00

-A. Equity............................       2 606 985 000,00   2 589 919 000,00     2 377 557 000,00  1 851 957 000,00

- I. Initial capital.................        191 150 000,00      191 150 000,00          191 150 000,00      191 150 000,00

- III. Issued capital over nominal

value of shares.......................    237 650 000,00        237 650 000,00        237 650 000,00 237 650 000,00

- XI. Retained earnings.............. 2 178 185 000,00   2 161 119 000,00        1 948 757 000,00    1 423 157 000,00

-B. Long term liabilities............. 156 018 000,00   158 068 000,00          130 405 000,00        110 328 000,00

- I. Credits, loans/ Liabilities

due to credits, land and other debt

instruments..........................  .2 809 000,00             3 175 000,00           2 248 000,00                 1 428 000,00

- II. Long-term liabilities due to

issued commercial papers.....     37 529 000,00

- III. Liabilities due to

employees' benefits...................88 877 000,00    89 195 000,00               63 719 000,00                60 857 000,00

- VI. Reserves.......................     5 172 000,00     5 153 000,00                 3 061 000,00                 5 002 000,00

- VII. Reserve due to deferred

income tax/ Liabilities due to

deferred income tax.............                              38 289 000,00                36 683 000,00                24 987 000,00

- VIII. Other long term liabilities.. 78 000,00          75 000,00                      10 000,00                      37 000,00

- XI. Government grants.............21 553 000,00     22 181 000,00                24 684 000,00                18 017 000,00

-C. Short term liabilities......... 453 778 000,00  464 264 000,00              519 637 000,00 400 057 000,00

- I. Credits and loans/ Current

account credits.......................   1 898 000,00     2 014 000,00                 1 218 000,00                 822 000,00

- IV. Derivate instruments........ 1 166 000,00        2 933 000,00                                                     9 000,00

- VIII. Liabilities due to income

tax/ current..........................      1 968 000,00       15 656 000,00 21 588 000,00

- IX. Trade and other liabilities.... 432 924 000,00  423 185 000,00 465 867 000,00 350 711 000,00

- XI. Reserves/ other short term

reserves..............................         2 435 000,00 5   316 000,00                 16 226 000,00                36 141 000,00

- XX. Government grants.............. 2 543 000,00       2 552 000,00              2 543 000,00                 1 593 000,00

- Liabilities for employee benefits.. 10 844 000,00  12 608 000,00   12 195 000,00                10 781 000,00

-Total liabilities....................      3 216 781 000,00  3 212 251 000,00      3 027 599 000,00   2 362 342 000,00


Source of financial data                      other                other                   other                         Monitor

          Polski B

periodic           annual                           annual                       annual

individual  

PROFIT AND LOSS A/C                        01.07.2013-       01.07.2012-          01.07.2011-                01.07.2010-

30.09.2013        30.06.2013           30.06.2012                 30.06.2011

(Amount PLN)

-A. Income from sales and similar..... 780 918 000,00   3 684 534 000,00  3 662 097 000,00    2 822 689 000,00

- I. Net revenue form sale of

products..............................                  741 479 000,00  3 387 578 000,00  3 395 037 000,00   2 641 485 000,00

- II. Net revenue from sale of

goods.................................                  39 439 000,00    296 956 000,00    267 060 000,00      181 204 000,00

-B.Cost of products, goods sold....... 677 329 000,00   2 875 203 000,00   2 685 188 000,00   2 197 453 000,00

- I. Cost of production of

products sold.........................                641 380 000,00  2 582 033 000,00  2 432 786 000,00   2 029 372 000,00

- II. Value of products sold........              35 949 000,00   293 170 000,00       252 402 000,00         168 081 000,00

-C. Gross profit on sale..............          103 589 000,00  809 331 000,00     976  909 000,00         625 236 000,00

-D. Costs of sale.....................              54 712 000,00  236 430 000,00      211 056 000,00           168 851 000,00

-E. General management costs.......... 31 778 000,00   159 034 000,00    120 245 000,00             125 042 000,00

-F. Profit on sale....................              17 099 000,00   413 867 000,00    645 608 000,00            331 343 000,00

-G. Other operating incomes...........    2 349 000,00   16 623 000,00        15 391 000,00 8 479 000,00

-H. Other operating costs.............        2 311 000,00    7 927 000,00         12 239 000,00 61 421 000,00

-I. Profit on operating activities....       17 137 000,00  422 563 000,00    648 760 000,00             278 401 000,00

-J. Financial incomes.................         1 583 000,00    31 559 000,00       34 390 000,00 15 362 000,00

-L. Gross profit on economic activity. 18 720 000,00  454 122 000,00         683 150 000,00          293 763 000,00

-N. Gross profit......................               18 720 000,00  454 122 000,00       683 150 000,00          293 763 000,00

-O. Corporation tax...................           1 532 000,00     67 256 000,00      86 582 000,00             57 379 000,00

-R. Net profit........................                17 188 000,00  386 866 000,00    596 568 000,00            236 384 000,00

 

AUDITOR

 

Balance sheet as at 30.06.2013

DORADCA ZESPÓL DORADCÓW FINANSOWO-KSIEGOWYCH Sp. z o.o.,

al. Pilsudskiego Józefa 1A, 20-011 Lublin No. 232

Expert auditor Stefan Czerwinski No. 9449

 

Balance sheet as at 30.06.2012

DORADCA ZESPÓL DORADCÓW FINANSOWO-KSIEGOWYCH Sp. z o.o.,

al. Pilsudskiego Józefa 1A, 20-011 Lublin

No. 232

Expert auditor zukowska-Kalita Joanna No. 11744

 

Balance sheet as at 30.06.2011

DORADCA ZESPÓL DORADCÓW FINANSOWO-KSIEGOWYCH Sp. z o.o.,

al. Pilsudskiego Józefa 1A, 20-011 Lublin

No. 232

Expert auditor Anna Zurek No. 9954

Expert auditor Stefan Czerwinski No. 9449


 

Ratios

 

01.07.2013-       01.07.2012-       01.07.2011-       01.07.2010-

30.09.2013        30.06.2013        30.06.2012        30.06.2011

 

Current ratio                                                      2,81                  2,82                  2,70                  2,16

Quick ratio                                                        2,23                  2,17                  2,11                  1,38

Immediate ratio                                                  0,97                  0,94                  0,85                  0,19

Return on sale                                                   2,20                  10,50               16,29                8,37

Return on assets                                               0,53                  12,04                19,70               10,01

Return on equity                                                0,66                  14,94                25,09                12,76

Average trade debtors' days                                67,14                56,33                65,56                61,76

Average stock turnover's days                             31,01                30,05                30,47                39,58

average payables payment period                        53,46                45,99                51,93                51,73

Total indebtedness ratio                          18,96                19,37                21,47                21,61

 

While rating the company, it is advisable

to take into consideration information about the branch , the company is acting in

 

(C.20.15.Z - NACE 2007), as at : 30.09.2013       31.12.2012        31.12.2011        31.12.2010 31.12.2009

Current ratio............................              1,78                  1,84                  1,91                  1,43                  1,41

Quick ratio..............................              1,14                  1,13                  1,23                 0,90                  0,95

Immediate ratio..........................                       0,35                  0,37                  0,36                  0,18                  0,34

Return on sale...........................                        7,44                  8,75                  12,08               2,27                  -10,47

Return on assets.........................          4,71                 10,19                17,68                2,97                 -11,80

Return on equity.........................           6,33                  14,38                26,56                4,61                  -18,66

Average trade debtors' days..............      48,05                44,15                53,78                56,18                58,48

Average stock turnover's days............     39,06                41,87                41,25                41,50                44,26

average payables payment period.......... 61,52                 59,88               61,76                77,98                96,45

Total indebtedness ratio.................         25,52                29,18               33,42                35,54               36,73

Percent share in the examinated group

of companies with net profit.............        90,00                90,00                100,00              100,00              55,60

Sales/revenue per employee in th. PLN. 752,58                1 077,17            1 002,44            671,83              544,28

Average sales/revenue per company in

th. PLN..................................               691 625,60        980 653,90        814 314,44        576 208,33  483 925,11

 


according to the Central Statistical Office

 

Source of financial data                                  other                            other                            other

annual                         periodic                       annual

Consolidated balance sheet as at                    30.09.2013                    31.12.2012                    30.06.2012

Amount in (PLN)

-Fixed assets.........................                           2 016 420 000,00           1 903 518 000,00   1 756 321 000,00

- Tangible assets....................                           1 849 157 000,00           1 721 526 000,00   1 585 998 000,00

- Goodwill...........................                               60 216 000,00                                                    61 221 000,00

- Other intangible assets............                         45 188 000,00                50 560 000,00                51 240 000,00

- Long term financial assets.........                       61 019 000,00                1 967 000,00                 57 589 000,00

- Assets due to deferred income tax..                  790 000,00                    252 000,00                    237 000,00

- Long term receivables and

miscellaneous items...................                       50 000,00                                                          36 000,00

-Current assets.......................                          3 409 212 000,00           1 474 143 000,00     1 461 331 000,00

- Stocks.............................                               339 291 000,00             3 639 000,00           352 250 000,00

- Short term receivables and

miscellaneous items...................                       551 280 000,00             595 312 000,00 597 575 000,00

- Receivables due to income tax......                    126 000,00                                                        115 000,00

- Cash and equivalents...............                        478 797 000,00             473 191 000,00 511 391 000,00

-Total assets.........................                            3 409 212 000,00          3 377 661 000,00   3 217 652 000,00

-Equity...............................                              2 688 766 000,00           2 402 385 000,00    2 459 647 000,00

- Initial capital....................                                191 150 000,00 191       150 000,00               191 150 000,00

 

- Surplus from sale of shares over

nominal value............                                         237 650 000,00             237 650 000,00             237 650 000,00

- Reserve and uncalled capital.......                      1 382 000,00                 1 122 000,00                 877 000,00

- Retained earnings..................                          2 243 347 000,00           1 957 341 000,00        2 015 271 000,00

- Minority Shares....................                           15 237 000,00                15 122 000,00                14 699 000,00

-Long term liabilities................                       230 361 000,00             210 220 000,00              191 729 000,00

- Reserves...........................                              9 708 000,00                 13 203 000,00                12 182 000,00

- Reserve due to deferred income tax.                  52 526 000,00                54 301 000,00                49 788 000,00

- Long term bank credits and loans...                   5 777 000,00                 45 001 000,00                32 274 000,00

- Other long term financial

liabilities...........................                                                                                                         95 939 000,00

- Long term liabilities and

miscellaneous items..................                        .2 977 000,00                                                    1 546 000,00

-Short term liabilities...............                        490 085 000,00             765 056 000,00             566 276 000,00

- Reserves...........................                              4 106 000,00                 22 832 000,00                20 073 000,00

- Short term bank credits and loans..                   12 719 000,00                7 347 000,00                 7 468 000,00

- Other short term financial

liabilities...........................                                                                     39 000,00                      16 107 000,00

- Short term liabilities and

miscellaneous items...................                                   455 310 000,00                                      499 283 000,00

- Liabilities due to income tax......                        2 598 000,00                 205 000,00                    23 345 000,00

-Total liabilities....................                            3 409 212 000,00           3 377 661 000,00   3 217 652 000,00




Source of financial data                                  other                            other                            other

annual                         periodic                       annual

CONSOLIDATED Consolidated P/L                   01.07.2013-                   01.07.2012-                   01.07.2011-

30.09.2013                    31.12.2012                    30.06.2012

Amount  in PLN

 

-A. Net income form sale of goods,

products and materials................                    839 760 000,00             1 850 633 000,00    3 948 331 000,00

- I. Net income form sale of

products..............................                              814 704 000,00             1 781 213 000,00    3 787 208 000,00

- II. Net income form sale of goods

and materials.........................                            25 056 000,00               69 420 000,00                161 123 000,00

-B. Costs of sale of goods, products

and materials.........................                         720 992 000,00             1 506 564 000,00     2 914 175 000,00

- I. Costs of manufacture of sold

products..............................                              699 291 000,00             1 442 081 000,00     2 760 758 000,00

- II. Value of sold goods and

materials.............................                              21 701 000,00               64 483 000,00                153 417 000,00

-C. Gross profit from sale (A-B)......                   118 768 000,00             344 069 000,00          1 034 156 000,00

-D. Costs of sale.....................                          59 046 000,00                122 449 000,00             237 578 000,00

-E. Cost of management................                  41 006 000,00                95 350 000,00                159 006 000,00

-F. Profit from sale (C-D-E)..........                     18 716 000,00                126 270 000,00             637 572 000,00

-G. Other operating income............                 2 422 000,00                 5 847 000,00                42 445 000,00

-H. Other operating costs.............                    2 507 000,00                 3 564 000,00                 15 969 000,00

-I. Profit from ordinary activity

(F+G+H)...............................                            18 631 000,00                128 553 000,00          664 048 000,00

-J. Financial income..................                      1 557 000,00                                              22 719 000,00         

-L.Profit on sale of total or part

of shares of subsidiaries.............                                                                                             88 000,00

-L. Profit on sale of total or part

of shares of subsidiaries.............                     138 000,00

-M. Profit from business activity

(I+J-K+-L)............................                             20 050 000,00                                                    686 855 000,00

-Q. Gross profit (M+/-N-O+P)..........                   20 050 000,00                145 614 000,00             686 855 000,00

-R. Income tax........................                         2 136 000,00                 23 368 000,00                85 273 000,00

-W. Net profit (Q-R-S+-T+/-U).........                   17 774 000,00               122 246 000,00             601 582 000,00

 

 

AUDITOR

Consolidated balance sheet as at 01.07.2012- 31.12.2012

DORADCA ZESPol DORADCÓW FINANSOWO-KSIEGOWYCH Sp. z o.o., al. Pilsudskiego Józefa 1A, 20-011 Lublin No. 232

Expert auditor Lukowska-Kalita Joanna No. 11744

 

Consolidated balance sheet as at 30.06.2012

DORADCA ZESPÓL DORADCÓW FINANSOWO-KSIEGOWYCH Sp. z o.o., al. Pilsudskiego Józefa 1A, 20-011 Lublin No. 232

Expert auditor Lukowska-Kalita Joanna No. 11744


Locations:                    seat:

al. Tysiaclecia Panstwa Polskiego 13, 24-100 Pulawy

Phone:              81 5653000

81 8863431

Fax:                  81 5652856

Website:           WWW.ZAPULAWY.PL

 

 

Real Estate                   Book value of buildings as at 30.06.2012              PLN 452 002 000,00

 

Verification of information on real estate

ownership position through the Real Estate

Register is not covered by the standard

report.

 

Shares in other companies

 

Gdanskie Zaklady Nawozów Fosforowych FOSFORY Sp. z o.o.

NIP PL 5830001675, ul. Kujawska 2, 80-550 Gdansk

PLN 28 527 500,00 (98,36%)

 

 

BAlTYCKA BAZA MASOWA Sp. z o.o. NIP 5861733617, ul.

Weglowa 3, 81-341 Gdynia

PLN 9 750 000,00 (50,00%)

 

 

PROZAP sp. z o.o. NIP PL 7160004482, al. Tysialecia

Panstwa Polskiego 13, 24-100 Pulawy

PLN 699 500,00 (84,69%)

 

 

REMZAP sp. z o.o. NIP PL 7160001762, ul. Ignacego

Moscickiego 12, 24-110 Pulawy

PLN 1 714 020,00 (94,61%)

 

 

CTL KOLZAP Sp. z o.o. NIP 7162628560, ul. 1000-lecia

Panstwa Polskiego 13, 24-110 Pulawy

PLN 980 000,00 (49,00%)

 

 

PRZEDSIEBIORSTWO ZYWIENIA ZBIOROWEGO I USLUG STO-ZAP

SPOLKA Z O.O. NIP PL 7160025314, ul. 1000-lecia Panstwa

Polskiego 13, 24-110 Pulawy

PLN 1 073 500,00 (96,15%)

 


 

ZAKLAD OPIEKI ZDROWOTNEJ MEDICAL SPOLKA Z O.O. NIP

7162142969, ul. 1000-lecia Panstwa Polskiego 13, 24-110

Pulawy

PLN 981 500,00 (91,41%)

 

 

DOM WCZASOWY „JAWOR” sp. z o.o. w likwidacji NIP

5482288834, ul. Wczasowa 51, 43-450 Ustron

PLN 3 757 000,00 (99,96%)

 

 

ELEKTROWNIA PULAWY Sp. z o.o. NIP PL 7162573965, ul.

Komunalna 24, 24-100 Pulawy

PLN 11 074 000,00 (50,00%)

 

 

NAVITRANS SPOLKA Z O.O. NIP 5860158223, ul. Swietojanska

18/5, 81-368 Gdynia

PLN 20 000,00 (26,45%)

 

 

SCF NATURAL sp. z o.o., al. Tysialecia Panstwa Polskiego

13, 24-110 Pulawy

PLN 15 000 000,00 (99,99%)

 

 

ZAKLADY AZOTOWE CHORZÓW SA NIP PL 6270011643, ul.

Narutowicza 15, 41-503 Chorzów

- 85 %

 

TECHNOCHIMSERWIS S.A., Moskwa, Russian Federation

- 25 %

 

Data concerning shares in other companies are valid as at: 23.12.2013.

 

Connections:

Andrzej Skolmowski , personal ID no. (PESEL) 72071514876

- GRUPA AZOTY POLSKIE KONSORCJUM CHEMICZNE sp. z o.o. NIP

PL 5213508624, ul. E.Kwiatkowskiego 7, 33-101 Tarnów

· member of supervisory board

 

 

- GRUPA AZOTY ZAKLADY CHEMICZNE „POLICE” SA NIP PL

8510205573, ul. Kuznicka 1, 72-010 Police

· member

 

 

- GRUPA AZOTY SA NIP PL 8730006829, ul. Eugeniusza

Kwiatkowskiego 8, 33-101 Tarnów

· vice president

 

- GRUPA AZOTY ZAKLADY AZOTOWE KEDZIERZYN SA NIP PL

7490005094, ul. Mostowa 30A, 47-220 Kedzierzyn-Kozle

· chairman

 

Jerzy Koziara , personal ID no. (PESEL) 48092804696

 

- GRUPA AZOTY ZAKLADY AZOTOWE KEDZIERZYN SA NIP PL

7490005094, ul. Mostowa 30A, 47-220 Kedzierzyn-Kozle

· deputy-chairman

 

 

- Maopolska Wytwórnia Maszyn BRZESKO Sp. z o.o. NIP PL

8691750391, ul. Szczepanowska 21, 32-800 Brzesko

· member of supervisory board

 

 

- Unia Tarnów Sportowa Spólka Akcyjna w Tarnowie NIP

9930180254, ul. Chemiczna 2, 33-101 Tarnów

· member of supervisory board

 

Anna Boena Gol , personal ID no. (PESEL) 65100503482

 

 

- ZAKLADY AZOTOWE CHORZÓW SA NIP PL 6270011643, ul.

Narutowicza 15, 41-503 Chorzów

· member of supervisory board

Hubert Kamola , personal ID no. (PESEL) 77110206150

 

 

- AGROCHEM SPOLKA Z O.O. NIP 7393025028, ul. Spichrzowa

13, 11-040 Dobre Miasto

· member of supervisory board

Zenon Pokojski , personal ID no. (PESEL) 56100903754

 

 

- AGROCHEM SPOLKA Z O.O. NIP 7393025028, ul. Spichrzowa

13, 11-040 Dobre Miasto

· member of supervisory board

 

 

- STOWARZYSZENIE NA RZECZ PROMOCJI I ROZWOJU MIASTA

SULEJÓWEK "VOX POPULI", ul. Swietochowskiego 30A, 05-071

Sulejówek

· member of board of directors

 

- „PROMER” sp. z o.o. w likwidacji, ul. Wincentego Witosa

16, 57-300 Kodzko

· member of supervisory board


 

GRUPA AZOTY SA

- GRUPA AZOTY POLSKIE KONSORCJUM CHEMICZNE sp. z o.o. NIP

PL 5213508624, ul. E.Kwiatkowskiego 7, 33-101 Tarnów

· shareholder: PLN 54 176 300,00 (63,27%)

 

- GRUPA AZOTY „KOLTAR” sp. z o.o. NIP PL 9930177482, ul.

Kwiatkowskiego 8, 33-101 Tarnów

· shareholder: PLN 32 760 000,00 (100,00%)

 

- NAVITRANS SPÓLKA Z O.O. NIP 5860158223, ul.

Swietojanska 18/5, 81-368 Gdynia

· shareholder: PLN 20 000,00 (26,45%)

 

 

- GRUPA AZOTY ZAKLADY AZOTOWE KDZIERZYN SA NIP PL

7490005094, ul. Mostowa 30A, 47-220 Kedzierzyn-Kozle

· Shareholder: 93,48 %

 

 

- TARNOWSKIE WODOCIAGI SPOLKA Z O.O. NIP 8731000214, ul.

Narutowicza 37, 33-100 Tarnów

· shareholder: PLN 21 050 000,00 (12,39%)

 

 

- Francusko-Polskie Przeds. Instalacji Przemyslowych

POLSNIG Sp. z o.o. NIP 8730006396, ul. Kwiatkowskiego 8,

33-100 Tarnów

· shareholder: PLN 49 800,00 (2,67%)

 

 

- GRUPA AZOTY ZAKLADY CHEMICZNE „POLICE” SA NIP PL

8510205573, ul. Kuznicka 1, 72-010 Police

· Shareholder: 66 %

 

 

- ATT Polymers GmbH, Forster Straße 72, D-03172 Guben,

Germany

· shareholder: EUR 9 000 000,00

Marian Rybak , personal ID no. (PESEL) 49020205611

 

 

- GRUPA AZOTY SA NIP PL 8730006829, ul. Eugeniusza

Kwiatkowskiego 8, 33-101 Tarnów

· vice president

 

- Gdanskie ZakLady Nawozów Fosforowych FOSFORY Sp. z o.o.

NIP PL 5830001675, ul. Kujawska 2, 80-550 Gdansk

· member of supervisory board

 

 

- BALTYCKA BAZA MASOWA Sp. z o.o. NIP 5861733617, ul.

Weglowa 3, 81-341 Gdynia

· member of supervisory board

Wojciech Krzysztof Kozak , personal ID no. (PESEL)

61060606012

 

 

- REMZAP sp. z o.o. NIP PL 7160001762, ul. Ignacego

Mocickiego 12, 24-110 Pulawy

· chairman

Cezary Jan Mozenski , personal ID no. (PESEL) 57091507073

 

 

- INSTYTUT NAWOZÓW SZTUCZNYCH NIP PL 7160002098,

al.Tysialecia Panstwa Polskiego 13A, 24-110 Pulawy

· director

 

 

- Polski Koncern Naftowy ORLEN SA NIP PL 7740001454, ul.

Chemików 7, 09-411 Plock

· member

 

Data concerning connections are valid as at: 23.12.2013.

 

Certificates:

ISO 9001:2000

ISO 18001:2004

ISO 14001:2004

 

General information

Since 19.10.2005 Shares of the said company are quoted on the Warsaw

Stock Exchange.

 

Banks

Bank Polskiej Spóldzielczosci SA

ul. Plocka 9/11B, 01-231 Warszawa

 

Kredyt Bank SA

ul. Kasprzaka 2/8, 01-211 Warszawa

 

Bank Polska Kasa Opieki SA

ul. Grzybowska 53/57, 00-950 Warszawa

 

RAIFFEISEN BANK POLSKA SA

ul. Piekna 20, 00-549 Warszawa

 

Powszechna Kasa Oszczednosci Bank Polski SA

ul. Pulawska 15, 02-515 Warszawa

 

Payment Manner                       Nothing detrimental noted.

Credit capability                        Business connections are permissible.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.99

UK Pound

1

Rs.101.37

Euro

1

Rs.84.82

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.