MIRA INFORM REPORT

 

 

Report Date :

20.02.2013

 

IDENTIFICATION DETAILS

 

Name :

ZAKRYTOE AKTSYONERNOE OBSCHESTVO "TORGOVIY DOM "ORGKHIM"

 

 

Registered Office :

Gagarina prosp., 29D, Nizhni Novgorod, Nizhni Novgorod Region, 603057

 

 

Country :

Russian Federation

 

 

Financials (as on) :

01.01.2012

 

 

Date of Incorporation :

04.09.2002

 

 

Com. Reg. No.:

1025202263327

 

 

Legal Form :

Private Joint Stock Company by Russian Law

 

 

Line of Business :

Wholesale trade in chemical raw materials.

 

 

No. of Employees :

200 (approx.)

 

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 Complaint

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)

Russia

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

russia - ECONOMIC OVERVIEW

 

Russia has undergone significant changes since the collapse of the Soviet Union, moving from a globally-isolated, centrally-planned economy to a more market-based and globally-integrated economy. Economic reforms in the 1990s privatized most industry, with notable exceptions in the energy and defense-related sectors. The protection of property rights is still weak and the private sector remains subject to heavy state interference. Russian industry is primarily split between globally-competitive commodity producers. In 2011, Russia became the world's leading oil producer, surpassing Saudi Arabia; Russia is the second-largest producer of natural gas; Russia holds the world's largest natural gas reserves, the second-largest coal reserves, and the eighth-largest crude oil reserves. Russia is the third-largest exporter of both steel and primary aluminum. Other less competitive heavy industries remain dependent on the Russian domestic market. Russia's reliance on commodity exports makes it vulnerable to boom and bust cycles that follow the highly volatile swings in global commodity prices. The government since 2007 has embarked on an ambitious program to reduce this dependency and build up the country's high technology sectors, but with few results so far. The economy had averaged 7% growth in the decade following the 1998 Russian financial crisis, resulting in a doubling of real disposable incomes and the emergence of a middle class. The Russian economy, however, was one of the hardest hit by the 2008-09 global economic crisis as oil prices plummeted and the foreign credits that Russian banks and firms relied on dried up. According to the World Bank the government's anti-crisis package in 2008-09 amounted to roughly 6.7% of GDP. The Central Bank of Russia spent one-third of its $600 billion international reserves, the world's third largest, in late 2008 to slow the devaluation of the ruble. The government also devoted $200 billion in a rescue plan to increase liquidity in the banking sector and aid Russian firms unable to roll over large foreign debts coming due. The economic decline bottomed out in mid-2009 and the economy began to grow in the third quarter of 2009. However, a severe drought and fires in central Russia reduced agricultural output, prompting a ban on grain exports for part of the year, and slowed growth in other sectors such as manufacturing and retail trade. High oil prices buoyed Russian growth in 2011 and helped Russia reduce the budget deficit inherited from the lean years of 2008-09. Russia has reduced unemployment since 2009 and has made progress on reducing inflation since 2010. Russia's long-term challenges include a shrinking workforce, a high level of corruption, difficulty in accessing capital for smaller, non-energy companies, and poor infrastructure in need of large investments.

 

 

Source : CIA

 

 

 

Comments

 

 

Information

The address and the e-mail mentioned in your inquiry belong to the company Zakrytoe aktsyonernoe obschestvo "TORGOVIY DOM "ORGKHIM" (name in English: "TRADING HOUSE "ORGCHEM" PRIVATE JOINT STOCK COMPANY). We provide the report on this company.

The name CJSC TRADE HOUSE ORGKHIM mentioned in your inquiry is a correct alternative name of company in English.

 

Summary

 

 

Original Name

ZAKRYTOE AKTSYONERNOE OBSCHESTVO "TORGOVIY DOM "ORGKHIM"

Legal Form

ZAO (Private Joint Stock Company by Russian Law)

Year of Foundation

2001

Sales

3 819 667 th RUR for 12 months, ended 01.01.2012

Employees

200 (approx.) on February, 18, 2013 (company's data)

 

Company Identification Details

 

 

Original Name

ZAKRYTOE AKTSYONERNOE OBSCHESTVO "TORGOVIY DOM "ORGKHIM"

Short Name

ZAO "TORGOVIY DOM "ORGKHIM"

Name in English

"TRADING HOUSE "ORGCHEM" PRIVATE JOINT STOCK COMPANY

Address

Gagarina prosp., 29D, Nizhni Novgorod, Nizhni Novgorod Region, 603057, Russian Federation

Legal Address

Borskaya str., 17, Nizhni Novgorod, Nizhni Novgorod Region, 603053, Russian Federation

Phone

+7 (831) 2597747

Fax

+7 (831) 2597747

E-mail

info@orghim.com
ud-n.klokov@orgkhim.com

WEB Address

www.orghim.com

 

Official Company Data

 

 

Legal Form

ZAO (Private Joint Stock Company by Russian Law)

Date of Registration

04.09.2002

Registration Number

1025202263327

Statistic Code (OKPO)

57184037

Taxpayer Code (INN)

5256038700

Registration Authority

Ministry for Taxes and Duties of Russian Federation

 

 

 

Public Record Information

 

 

Information

The company Zakrytoe aktsyonernoe obschestvo "TORGOVIY DOM "ORGKHIM" was not included in the published list of bankrupt companies.

 

Share Capital

 

 

Current Share Capital  33 911 220 RUR

 

Shareholders

 

 

Total

legal and private persons, incl.

 

 

Shareholder

Mr Titov Anatoliy Ivanovich

Nationality

Russian Federation

Taxpayer Code (INN)

523500285050

Share

9,17 %

 

 

Shareholder

Mr Kuimov Andrey Fedorovich

Nationality

Russian Federation

Taxpayer Code (INN)

524900863846

Share

9,67 %

 

 

Shareholder

Ms Zelenina Raisa Ivanovna

Nationality

Russian Federation

Taxpayer Code (INN)

523500266748

Share

8,2 %

 

 

Shareholder

Mr Kozin Viktor Mikhaylovich

Nationality

Russian Federation

Taxpayer Code (INN)

524901633813

Share

9,67 %

 

 

Shareholder

Mr Yarovoy Evgeniy Anatol'evich

Nationality

Russian Federation

Taxpayer Code (INN)

524902165621

Share

9,67 %

 

 

Shareholder

Mr Vikharev Vasiliy Fedorovich

Nationality

Russian Federation

Share

6,9 %

 

 

Shareholder

Ms Bol'shakova Vera Petrovna

Nationality

Russian Federation

Share

2,43 %

 

 

Shareholder

Mr Sitnakov Sergey Nikolaevich

Nationality

Russian Federation

Share

4,75 %

 

 

Comments

The information on the shareholders of the company is presented on 21.11.2005:

According to Russian legislation the information on change of shareholders of companies with the legal status joint-stock company isn’t included in the Single State Register of Legal Entities of Russian Federation.


Data on change of shareholders of company (if the company has a status joint-stock company) are reflected in register of shareholders which is conducted either by the company itself or by independent specific company – register holder. According to Russian legislation to get an extract about the composition of shareholders at current situation from the register of shareholders it’s necessary to be a shareholder of this company (to have no less than 1 % of its share).

The inquired company isn’t public corporation (the shares of the company aren’t presented on the exchange), that’s why the company doesn’t publish quarterly reports about the composition of shareholders.


Therefore current composition of company’s shareholders may differ from ours one in the report.

 

Directors

 

 

Director

Mr Khodov Nikolay Vladimirovich

 

Signature Right

Nationality

Russian Federation

Taxpayer Code (INN)

526200550129

 

Re-Registration Data

 

 

Initial Registration

09.06.2001

Registration Number

5586

Registration Authority

Register Chamber of Nizhni Novgorod

 

 

Date of Registration

04.09.2002

 

(Entering into the Single State Register of Legal Entities)

Registration Number

1025202263327

Registration Authority

Ministry for Taxes and Duties of Russian Federation

 

 

Date of Re-registration

19.09.2002

File Number

2025202264635

Registration Authority

Ministry for Taxes and Duties of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

19.09.2005

File Number

2055227086540

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

07.06.2006

File Number

2065256048669

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

27.11.2006

File Number

2065256101326

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

04.12.2008

File Number

2085256097200

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

31.08.2009

File Number

2095256065540

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

04.08.2011

File Number

2115256065824

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

28.02.2012

File Number

2125256013782

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

Operations

 

 

Activities

Wholesale trade in chemical raw materials.

The company ZAO "TORGOVIY DOM "ORGKHIM" is the management company in the group of companies BIOKHIMICHESKIY KHOLDING ORGKHIM.

Also into the group of companies enter the following companies: OAO PO "ORGKHIM". ZAO "SIBIRSKIY LKHZ", ZAO "RUSSKIY KATALIZATOR", OOO "ORGKHIMSPETSTRANS", ORQUIM BRASIL EXTRACOES DE RESINAS LTDA and other.

The group of companies operates on the market of chemical raw materials.

 

 

Staff Employed

200 (approx.) on February, 18, 2013 (company's data)

Employees' History

100 (approx.) on February, 29, 2012 (company's data)
50 (approx.) on September, 02, 2010 (company's data)
57 on April, 01, 2004 (official data)

 

Real Estate

 

 

Own

Office, warehouse
Address: Gagarina prosp., 29D, Nizhni Novgorod, Nizhni Novgorod Region, 603057, Russian Federation
(company's data)

 

 

Rent

none

 

Export & Import

 

 

Export Countries

2011: China, Poland, Finland, Korea, Germany, Ukraine, USA, Czechia, Great Britain, Armenia, Luxembourg, Republic of South Africa, India, Slovenia, Hungary, Peru, Taiwan, Tajikistan
2010: Poland, Hong Kong, Korea, Germany, Finland, Czechia, Slovenia, India, Kazakhstan, Hungary, Armenia, Ukraine, Netherlands, China, Uzbekistan, Taiwan, Republic of South Africa
2009: Poland, Finland, Czechia, Kazakhstan, Armenia, Netherlands, Ukraine, Germany
2008: Ukraine, Finland
2007: Finland, Ukraine, Armenia, Kazakhstan, Brazil

Exported Goods

chemical raw materials, tanks, cleaners

Export Value

in 2011: 45 821 992 USD
in 2010: 29 694 738 USD
in 2009: 5 811 043 USD
in 2008: 127 820 USD
in 2007: 298 684 USD

 

 

Import Countries

2011: Finland, Indonesia, China, Ukraine, France, Malaysia, Germany, Singapore
2010: Finland, China, Ukraine, Indonesia, Germany, Malaysia, France, Czechia
2009: China, Ukraine, Malaysia
2008: Brazil, China, Malaysia, Ukraine
2007: Malaysia, China, Brazil, Hong Kong, Singapore

Imported Goods

chemical raw materials, equipment

Import Value

in 2011: 7 983 308 USD
in 2010: 2 611 392 USD
in 2009: 1 326 943 USD
in 2008: 2 130 656 USD
in 2007: 4 234 918 USD

 

Branches

 

Branch None

 

Participation

 

 

Information

The company is a shareholder of companies:

ZAO "NOVOKUYBYSHEVSKIY ZAVOD "EKOPLAST"
Address: Novozavodskaya str., 8, bldg. 210, Tolyatti, Samara Region, 445007, Russian Federation
Registration Number: 1106330000193
Taxpayer Code (INN): 6330039818

OOO PROIZVODSTVENNO-SERVISNAYA KOMPANIYA "BIOSINTEZ"
Address: Leninskiy prosp., 2, office 1, Voronezh, Voronezh Region, 394014, Russian Federation
Registration Number: 1103668020060
Taxpayer Code (INN): 3663082490

ZAO "SIBIRSKIY LESOKHIMICHESKIY ZAVOD"
Address: Yuzhnyy promyshlennyy uzel str., 12/56, Lesosibirsk, Krasnoyarsk Region, 662544, Russian Federation
Registration Number: 1092454000286
Taxpayer Code (INN): 2454019736

OOO "KHIMMAGISTRAL'"
Address: Lenina str., 29, Uren, Nizhni Novgorod Region, 606800, Russian Federation
Registration Number: 1095235000915
Taxpayer Code (INN): 5235006426

ZAO "RUSSKIY KATALIZATOR"
Address: Borskaya str., 17, Nizhni Novgorod, Nizhni Novgorod Region, 603053, Russian Federation
Registration Number: 1045207041901
Taxpayer Code (INN): 5256047906

 

Related Companies

 

 

Information

Mr Titov Anatoliy Ivanovich is also a shareholder of companies:

OOO PREDPRIYATIE ROZNICHNOY TORGOVLI "ORGKHIM-POTREBTORG"
Registration number: 1025201204467

OOO TRANSPORTNAYA KOMPANIYA "ORGKHIMSPETSTRANS"
Registration number: 1025201203466

Mr Kuimov Andrey Fedorovich is also a shareholder of company:

OOO TRANSPORTNAYA KOMPANIYA "ORGKHIMSPETSTRANS"
Registration number: 1025201203466

Mr Kozin Viktor Mikhaylovich was a shareholder of the companies (now these companies have been excluded from Register):

OOO "REMIT,LK"
Registration number: 1035200532773

OOO "REMIT"
Registration number: 1025201770703

Mr Yarovoy Evgeniy Anatol'evich is also a shareholder of companies:

OOO "NAFTA-SINTEZ"
Registration number: 1065249061536

OOO "NEFKHIMTRANS"
Registration number: 1045206820020

Mr Khodov Nikolay Vladimirovich is also a shareholder of company:

OOO TRANSPORTNAYA KOMPANIYA "ORGKHIMSPETSTRANS"
Registration number: 1025201203466

Ms Zelenina Raisa Ivanovna, Mr Vikharev Vasiliy Fedorovich, Ms Bol'shakova Vera Petrovna and Mr Sitnakov Sergey Nikolaevich aren't shareholders of any other companies in Russian Federation.

 

Bankers

 

 

Bank

OAO AKB "SOYUZ", Nizhni Novgorod branch, bank code: 042253894 (Russian Federation)

Account(s)

40702810000000001385 (RUR)

 

 

Bank

OAO "IMPEKSBANK", Nizhni Novgorod branch, bank code: 042253800 (Russian Federation)

Account(s)

40702810500260000193 (RUR)

 

 

Bank

VOLGO-VYATSKIY BANK SBERBANKA ROSSIYSKOY FEDERATSII, bank code: 042202603 (Russian Federation)

Account(s)

40702810842020001833 (RUR)

 

Financial Data

Profit and Loss (extract)

 

The following figures are shown in units of 1000

 

 

 

Period, months

12

12

12

12

Ended

01.01.2012

01.01.2011

01.01.2010

01.01.2009

Currency

RUR

RUR

RUR

RUR

SALES

3819667

2372137

1264426

770982

Cost of Goods sold

2662850

1670120

996824

633476

GROSS PROFIT

1156817

702017

267602

137506

Distribution Costs

636768

327569

96964

49766

Management Costs

265379

141976

 

 

OPERATING PROFIT

254670

232472

170638

87740

Non Trading Income

-134971

-131317

-90276

-72584

PRE TAX PROFIT

119699

101155

80362

15156

Taxation

42794

31339

6648

6919

PROFIT AFTER TAX

78136

70986

61082

8305

 

Balance Sheet (extract)

 

The following figures are shown in units of 1000

 

As at

01.01.2012

01.01.2011

01.01.2010

01.01.2009

Currency

RUR

RUR

RUR

RUR

TOTAL FIXED ASSETS

1483225

1552946

1541134

310551

 Intangible Assets

951328

1031889

1075450

46

 Fixed Assets

218434

214323

210038

2593

TOTAL CURRENT ASSETS

1351007

848559

309446

279072

 Stock

417045

193355

137019

161089

 Trade debtors

905806

600676

152972

86699

 Cash

9254

17572

1176

11167

TOTAL ASSETS

2834232

2401505

1850580

589623

 

 

 

 

 

TOTAL EQUITY

1296010

1251873

1187702

51263

 Share Capital

33911

33911

33911

33911

 Retained Profits

185021

140884

76713

16072

TOTAL LONG TERM LIABS

1176127

825594

485389

400000

 Long Term Loans

1162304

813000

472830

400000

TOTAL CURRENT LIABS

362095

324038

177489

138360

 Short Term Loans

 

280

 

 

 Short Term Trade Creditors

356711

323758

177489

79246

TOTAL EQUITY & LIABS

2834232

2401505

1850580

589623

 

Key Credit Ratios

 

The following figures are shown as Ratios or Percentages

 

Accounts Date

01.01.2012

01.01.2011

01.01.2010

01.01.2009

Current Ratio

3,73

2,62

1,74

2,02

Working Capital, x1000 RUR

988912

524521

131957

140712

Quick Ratio

2,58

2,02

0,97

0,85

Debt to Equity Ratio

1,19

0,92

0,56

10,5

Current Assets Turnover

2,83

2,8

4,09

2,76

Total Assets Turnover Ratio

1,35

0,99

0,68

1,31

Pre Tax Profit Margin, %

3,13

4,26

6,36

1,97

Gross Profit, %

30,29

29,59

21,16

17,84

Return on Investment, %

9,24

8,08

6,77

29,57

Return on Assets, %

4,22

4,21

4,34

2,57

 

Clients & Suppliers

 

 

Clients

BECI HANDELS GMBH (Germany)

ARIZONA CHEMICAL OY (Finland)

SYNTHOS DWORY SP. Z O.O. (Poland)

NOKIAN TIRES PLS (Finland)

SYNTHOS KRALUPY V.O. (Czechia)

TOO "SAGAN KOLOR" (Kazakhstan)

TC DEBICA S.A. (Poland)

FRP SERVICES AND COMPANY OSAKA (Taiwan)

FLP BOYKO A.P. (Ukraine)

OAO "SIBIRSKO-URAL'SKAYA NEFTEGAZOKHIMIChESKAYA KOMPANIYA" (Russian Federation)

OOO "PROFSNAB" (Russian Federation)

OOO "TEKHNOKHIMSERVIS-M" (Russian Federation)

GFGUP "POLIGRAFICHESKIE RESURSY" (Russian Federation)

OAO "CHPK" (Russian Federation)

OOO "POLIGRAFTSENTR" (Russian Federation)

OOO "KVAZAR INT" (Russian Federation)

ZAO NPP "POLION-P" (Russian Federation)

OAO "SINTEZ-KAUCHUK" (Russian Federation)

 

 

Suppliers

HYUNDAI MERCHANT MARINE B.V. (Netherlands)

ARIZONA CHEMICAL OY (Finland)

CHINA CENTER MACHINERY CO., LTD. (China)

BECI HANDELS GMBH (Germany)

OOO "DEL'TA VILMAR SNG" (Ukraine)

ASIDCHEM INTERNATIONAL SDN. BHD. (Malaysia)

HUNAN CENTRE MACHINERY CO., LTD. (China)

KOGNIS OLEOCHEMICALS (M) SDN. BHD. (Malaysia)

OOO "TEKHMASHKOMPLEKT" (Russian Federation)

OOO "MAGNUM" (Russian Federation)

OOO "STANTEKHSTROY K" (Russian Federation)

OOO "KONTSERN KHIMRESURS" (Russian Federation)

OOO "VEST GRAND" (Russian Federation)

OOO "NORDTREYDBIZNES" (Russian Federation)

OOO "DEKOTEK" (Russian Federation)

OOO "STAR LINK" (Russian Federation)

OOO "BIZNES-EFFEKT" (Russian Federation)

*** The names of foreign partners may be pointed incorrectly as in official documents (declarations) they’re written in Russian. We present our apologies for possible mistakes in transliteration.

 

Actions at law

 

The information of Arbitration court of Moscow about judicial claims is presented

 

 

Date of registration

27.12.2012

Registration number

A56-78318/2012

Plaintiff

ZAO "TORGOVIY DOM "ORGKHIM"

Defendant

OOO "KHIMKONTRANS"

Claim sum

511 365 RUR

Claim category

Default of obligations under the contract

 

Date of registration

12.10.2011

Registration number

A10-3921/2011

Plaintiff

ZAO "TORGOVIY DOM "ORGKHIM"

Defendant

OAO "SELENGINSKIY TSELLYULOZNO-KARTONNYY KOMBINAT"

Claim sum

10 221 898 RUR

Claim category

Default of obligations under the contract

 

Date of registration

31.05.2011

Registration number

A43-10839/2011

Plaintiff

ZAO "TORGOVIY DOM "ORGKHIM"

Defendant

MUP TEPLOSETI URENSKOGO RAYONA

Claim sum

2 900 831 RUR

Claim category

Default of obligations under the contract

 

Publications

 

 

Date

2013

Source

The Federal Tax Service of Russian Federation

Text of Publication

The Federal Tax Service of Russian Federation has published the information that the Mr Titov Anatoliy Ivanovich (as private person) doesn't have not paid taxes.

 

 

Date

2013

Source

The Federal Tax Service of Russian Federation

Text of Publication

The Federal Tax Service of Russian Federation has published the information that the Mr Kuimov Andrey Fedorovich (as private person) doesn't have not paid taxes.

 

 

Date

2013

Source

The Federal Tax Service of Russian Federation

Text of Publication

The Federal Tax Service of Russian Federation has published the information that the Ms Zelenina Raisa Ivanovna (as private person) doesn't have not paid taxes.

 

Original Financial Data

(Russian Accounting Report in English)

 

Balance Sheet

 

The following figures are shown in units of 1000

 

 
ASSETS

Line code

as at
01.01.2010

as at
01.01.2011

as at
01.01.2012

 

 

 

 

 

I. NON-CURRENT ASSETS

 

 

 

 

Intangible assets

110

1075450

1031889

951328

Fixed assets

120

210038

214323

218434

Construction in progress

130

7978

29382

-

Income-bearing investments in tangible assets

135

-

-

-

Long-term financial investments

140

247537

276016

290844

Deferred tax assets

145

131

1336

2184

Other non-current assets

150

-

-

-

Total section I

190

1541134

1552946

1483225

II. CURRENT ASSETS

 

 

 

 

Inventories

210

137019

193355

417045

including :

 

 

 

 

 raw materials and other inventories

211

77908

143304

-

 livestock

212

-

-

-

 work in progress

213

1864

-

-

 finished goods and goods for resale

214

51245

44182

-

 goods dispatched

215

-

-

-

 expenses related to future periods

216

6002

5869

-

 other supplies and expenditures

217

-

-

-

Value added tax on purchased goods

220

1404

11572

1576

Accounts receivable (payments expected beyond 12 months after the reporting date)

230

-

-

-

including :

 

 

 

 

 buyers and customers

231

-

-

-

Accounts receivable (payments expected within 12 months after the reporting date)

240

152972

600676

905806

including :

 

 

 

 

 buyers and customers

241

43579

280102

-

Short-term investments

250

7681

23120

9444

Monetary assets

260

1176

17572

9254

Other current assets

270

9194

2264

7882

Total section II

290

309446

848559

1351007

TOTAL SECTIONS I and II

300

1850580

2401505

2834232


 


 


 


 


 

EQUITY AND LIABILITIES

 

 

 

 

 

 

 

 

 

III. EQUITY AND RESERVES

 

 

 

 

Share capital

410

33911

33911

33911

Treasury shares

411

-

-

-

Additional capital

420

1075383

1075383

-

Legal reserve

430

1695

1695

1695

including :

 

 

 

 

 reserves and provisions formed in
 accordance with legislation

431

-

-

-

 reserves formed in accordance
 with foundation documents

432

1695

1695

-

Retained earnings (loss)

470

76713

140884

185021

Total section III

490

1187702

1251873

1296010

IV. NON-CURRENT LIABILITIES

 

 

 

 

Borrowings

510

472830

813000

1162304

Deferred tax liabilities

515

12559

12594

13823

Other non-current liabilities

520

-

-

-

Total section IV

590

485389

825594

1176127

V. CURRENT LIABILITIES

 

 

 

 

Borrowings

610

-

280

-

Accounts payable

620

177489

323758

356711

including :

 

 

 

 

 suppliers and contractors

621

11798

61093

-

 salaries payable

622

2235

5218

-

 payable to state non-budget funds

623

128

643

-

 taxes payable

624

7255

10040

-

 other creditors

625

156073

246764

-

Dividends payable to participants (shareholders)

630

-

-

-

Income of future periods

640

-

-

-

Reserves for future expenses
and payments

650

-

-

-

Other current liabilities

660

-

-

-

Total section V

690

177489

324038

362095

TOTAL SECTIONS III,IV,V

700

1850580

2401505

2834232

 

PROFIT AND LOSS ACCOUNT

 

The following figures are shown in units of 1000

 

 
PARAMETER

Line code

 
01.01.2012

 
01.01.2011

 
01.01.2010

 

 

 

 

 

INCOME FROM AND EXPENSES ON ORDINARY ACTIVITIES

 

 

 

 

Sale of goods, products, work, services (less VAT, excise tax, other similar mandatory payments)

010

3819667

2372137

1264426

Cost of goods, products, work, services sold

020

2662850

1670120

996824

Gross profit

029

1156817

702017

267602

Selling expenses

030

636768

327569

96964

Administrative expenses

040

265379

141976

-

Profit (loss) from operations

050

254670

232472

170638

OTHER INCOME AND EXPENSES

 

 

 

 

Interest income

060

2

23

59

Interest expenses

070

114218

85993

69306

Income from investments in other companies

080

-

-

-

Other operating income

090

131168

285721

211701

Other operating expenses

100

151923

331068

232730

Non-operating income

120

-

-

-

Non-operating expenses

130

-

-

-

Profit (loss) before profit tax

140

119699

101155

80362

Deferred tax assets

141

1020

1205

-

Deferred tax liabilities

142

-211

35

12632

Current profit tax

150

42794

31339

6648

Net profit (loss) for the reporting period

190

78136

70986

61082

 

Additional information about participation companies

 

 

Below is presented the extended information about the participation companies of subject company.

 

 

 

Name

ZAO "SIBIRSKIY LESOKHIMICHESKIY ZAVOD"

Legal address

Yuzhnyy promyshlennyy uzel str., 12/56, Lesosibirsk, Krasnoyarsk Region, 662544, Russian Federation

Registration Number

1092454000286

Taxpayer code (INN)

2454019736

 

 

 

Profit and Loss (extract)

 

The following figures are shown in units of 1000

 

 

 

Period, months

12

12

12

 

Ended

01.01.2012

01.01.2011

01.01.2010

 

Currency

RUR

RUR

RUR

 

SALES

113393

78584

37796

 

Cost of Goods sold

66378

43687

22302

 

GROSS PROFIT

47015

34897

15494

 

Distribution Costs

 

 

 

 

Management Costs

41784

28483

14015

 

OPERATING PROFIT

5231

6414

1479

 

Non Trading Income

-3117

3442

-167

 

PRE TAX PROFIT

2114

9856

1312

 

Taxation

521

1971

262

 

PROFIT AFTER TAX

1299

7885

1050

 

 

Balance Sheet (extract)

 

The following figures are shown in units of 1000

 

As at

01.01.2012

01.01.2011

01.01.2010

 

Currency

RUR

RUR

RUR

 

TOTAL FIXED ASSETS

96774

161365

10229

 

 Intangible Assets

 

 

 

 

 Fixed Assets

65866

30493

7997

 

TOTAL CURRENT ASSETS

193709

24038

144373

 

 Stock

14968

5532

6504

 

 Trade debtors

31361

17505

12320

 

 Cash

1657

1001

33

 

TOTAL ASSETS

290483

185403

154602

 

 

 

 

 

 

TOTAL EQUITY

36629

28934

21049

 

 Share Capital

20000

20000

20000

 

 Retained Profits

9721

8487

1049

 

TOTAL LONG TERM LIABS

2982

3819

 

 

 Long Term Loans

2928

3819

 

 

TOTAL CURRENT LIABS

250872

152650

133553

 

 Short Term Loans

 

 

 

 

 Short Term Trade Creditors

248415

152650

133553

 

TOTAL EQUITY & LIABS

290483

185403

154602

 

 

Name

OOO "KHIMMAGISTRAL'"

Legal address

Lenina str., 29, Uren, Nizhni Novgorod Region, 606800, Russian Federation

Registration Number

1095235000915

Taxpayer code (INN)

5235006426

 

 

 

Profit and Loss (extract)

 

The following figures are shown in units of 1000

 

 

 

Period, months

12

12

 

 

Ended

01.01.2012

01.01.2011

 

 

Currency

RUR

RUR

 

 

SALES

26671

21314

 

 

Cost of Goods sold

 

11040

 

 

GROSS PROFIT

26671

10274

 

 

Distribution Costs

20051

8514

 

 

Management Costs

 

 

 

 

OPERATING PROFIT

6620

1760

 

 

Non Trading Income

-46

-32

 

 

PRE TAX PROFIT

6574

1728

 

 

Taxation

1315

346

 

 

PROFIT AFTER TAX

5259

1382

 

 

 

Balance Sheet (extract)

 

The following figures are shown in units of 1000

 

As at

01.01.2012

01.01.2011

 

 

Currency

RUR

RUR

 

 

TOTAL FIXED ASSETS

1246

 

 

 

 Intangible Assets

 

 

 

 

 Fixed Assets

 

 

 

 

TOTAL CURRENT ASSETS

16701

8741

 

 

 Stock

169

415

 

 

 Trade debtors

16389

8006

 

 

 Cash

22

200

 

 

TOTAL ASSETS

17947

8741

 

 

 

 

 

 

 

TOTAL EQUITY

7141

1882

 

 

 Share Capital

500

500

 

 

 Retained Profits

6641

1382

 

 

TOTAL LONG TERM LIABS

 

 

 

 

 Long Term Loans

 

 

 

 

TOTAL CURRENT LIABS

10806

6860

 

 

 Short Term Loans

 

 

 

 

 Short Term Trade Creditors

10806

6844

 

 

TOTAL EQUITY & LIABS

17947

8741

 

 

 

Name

ZAO "RUSSKIY KATALIZATOR"

Legal address

Borskaya str., 17, Nizhni Novgorod, Nizhni Novgorod Region, 603053, Russian Federation

Registration Number

1045207041901

Taxpayer code (INN)

5256047906

 

 

 

Profit and Loss (extract)

 

The following figures are shown in units of 1000

 

 

 

Period, months

12

12

12

12

Ended

01.01.2012

01.01.2011

01.01.2010

01.01.2009

Currency

RUR

RUR

RUR

RUR

SALES

58538

5297

4946

1650

Cost of Goods sold

49538

4711

4633

1225

GROSS PROFIT

9000

586

313

425

Distribution Costs

1607

 

 

 

Management Costs

5645

 

 

 

OPERATING PROFIT

1748

586

313

425

Non Trading Income

-93

-388

-97

-73

PRE TAX PROFIT

1655

198

216

352

Taxation

336

59

46

86

PROFIT AFTER TAX

1319

139

160

266

 

Balance Sheet (extract)

 

The following figures are shown in units of 1000

 

As at

01.01.2012

01.01.2011

01.01.2010

01.01.2009

Currency

RUR

RUR

RUR

RUR

TOTAL FIXED ASSETS

532

415

450

575

 Intangible Assets

241

379

398

506

 Fixed Assets

291

36

52

69

TOTAL CURRENT ASSETS

8519

5628

2054

1372

 Stock

5288

4816

345

871

 Trade debtors

2563

464

1645

500

 Cash

395

348

64

1

TOTAL ASSETS

9051

6043

2504

1947

 

 

 

 

 

TOTAL EQUITY

2885

1566

1427

1267

 Share Capital

1000

1000

1000

1000

 Retained Profits

1835

535

403

251

TOTAL LONG TERM LIABS

 

 

 

 

 Long Term Loans

 

 

 

 

TOTAL CURRENT LIABS

6166

4477

1077

680

 Short Term Loans

 

 

 

 

 Short Term Trade Creditors

6166

4477

1077

680

TOTAL EQUITY & LIABS

9051

6043

2504

1947

 

Rates of Exchange

 

 

RUR - Russian Rouble

01.01.2012:   1 EUR = 41.67 RUR,   1 USD = 32.19 RUR

EUR - EURO

01.01.2011:   1 EUR = 40.49 RUR,   1 USD = 30.35 RUR

USD - US Dollar

01.01.2010:   1 EUR = 43.46 RUR,   1 USD = 30.19 RUR

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.54.05

UK Pound

1

Rs.83.44

Euro

1

Rs.72.53

 

INFORMATION DETAILS

 

Report Prepared by :

NLM

 

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.