|
Report Date : |
21.02.2013 |
IDENTIFICATION DETAILS
|
Name : |
NIDERA B.V. |
|
|
|
|
Registered Office : |
Willemsplein 492 3016DR Rotterdam |
|
|
|
|
Country : |
Netherlands |
|
|
|
|
Financials (as on) : |
30.09.2012 |
|
|
|
|
Date of Incorporation : |
12.07.2000 |
|
|
|
|
Com. Reg. No.: |
24307569 |
|
|
|
|
Legal Form : |
Besloten Vennootschap |
|
|
|
|
Line of Business : |
Wholesale trade (no motor vehicles and motorcycles) |
|
|
|
|
No. of Employees : |
150 |
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2011) |
Current Rating (30.06.2012) |
|
Netherlands |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
NETHERLANDS - ECONOMIC OVERVIEW
The Dutch economy is the fifth-largest economy in the euro-zone and is noted for its stable industrial relations, moderate unemployment and inflation, a sizable trade surplus, and an important role as a European transportation hub. Industrial activity is predominantly in food processing, chemicals, petroleum refining, and electrical machinery. A highly mechanized agricultural sector employs only 2% of the labor force but provides large surpluses for the food-processing industry and for exports. The Netherlands, along with 11 of its EU partners, began circulating the euro currency on 1 January 2002. After 26 years of uninterrupted economic growth, the Dutch economy - highly dependent on an international financial sector and international trade - contracted by 3.5% in 2009 as a result of the global financial crisis. The Dutch financial sector suffered, due in part to the high exposure of some Dutch banks to U.S. mortgage-backed securities. In 2008, the government nationalized two banks and injected billions of dollars of capital into other financial institutions, to prevent further deterioration of a crucial sector. The government also sought to boost the domestic economy by accelerating infrastructure programs, offering corporate tax breaks for employers to retain workers, and expanding export credit facilities. The stimulus programs and bank bailouts, however, resulted in a government budget deficit of 5.3% of GDP in 2010 that contrasted sharply with a surplus of 0.7% in 2008. The government of Prime Minister Mark RUTTE began implementing fiscal consolidation measures in early 2011, mainly reductions in expenditures, which resulted in an improved budget deficit of 3.8% of GDP.
Source
: CIA
|
Company name |
Nidera B.V. |
|
Tradename |
Nidera B.V. |
|
Address |
Willemsplein 492 |
|
|
3016DR Rotterdam |
|
|
Netherlands |
|
Mail address |
Postbus 676 |
|
|
3000AR Rotterdam |
|
|
Netherlands |
|
Telephone number |
0104301911 |
|
Telefax number |
0104139767 |
|
E-mail address |
unknown |
|
Website |
|
|
VAT number / RSIN |
808979395 |
Handelsregisternummer 24307569
Registered in Chamber
of commerce Rotterdam
First registration 12-07-2000
Act of foundation 11-07-2000
Date of constitution
05-07-2000
Continuation date 12-07-2000
Last change in statutes 02-11-2012
Legal form
Besloten Vennootschap
Place of constitution Rotterdam
|
Capital |
EUR |
|
|
Issued capital |
EUR 3.000.000 |
|
|
Paid up capital |
EUR 3.000.000 |
|
|
NACE-code |
WHOLESALE TRADE AND COMMISSION TRADE (51)
Wholesale of grain (51211) |
|
SBI-code |
Wholesale trade (no motor vehicles and
motorcycles) (46) Wholesale of grain (46211) Wholesale of cattle feeds
(46215) Wholesale of raw vegetable and animal fats
and oils and oleaginous raw materials (46216) Financial holding (6420) |
|
Formal objective |
-handel, import, export
en distributie daaronder begrepen in respectievelijk van goods, onder andere
landbouwproducten -het verrichten van alle handelingen op het gebied van
transport -Het oprichten van, het op enigerlei wijze deelnemen in, het
toezicht houden op en het bevorderen van companies en vennootschappen. |
Employees Total:
150
Employees according to CoC Chamber
of commerce: 150
Bookyear 2013
2012 2011
Number 150
150 150
Change
0,00% 0,00% 0,00%
Shareholder Nidera
Capital B.V.
Willemsplein 492
3016DR Rotterdam Netherlands
KvK: 24043517
Active since: 17-07-2012
Percentage: 100.00%
Holding company
Nidera Capital B.V. Willemsplein 492 3016DR Rotterdam
KvK:
24043517
Subsidiary Concordia Trading
B.V. Willemsplein 492 3016DR ROTTERDAM
KvK: 24145844
Transfeed B.V. Willemsplein 492 3016DR
ROTTERDAM
KvK:
24179149
Nidera Participations B.V. Willemsplein 492
3016DR ROTTERDAM
KvK: 24449453
Concordia Middle East B.V. Willemsplein 492
3016DR ROTTERDAM
KvK: 24449464
Transgrain Transport B.V. Willemsplein 492
3016DR ROTTERDAM
KvK: 24129395
Transgrain Shipping B.V. Willemsplein 492
3016DR ROTTERDAM
KvK: 24151995
Anglo Netherlands Grain B.V. Willemsplein
492 3016DR ROTTERDAM
KvK: 24186995
NiFS B.V. Willemsplein 492 3016DR ROTTERDAM
KvK: 24455199
Nidera Agri Enterprises B.V. Willemsplein
492 3016DR ROTTERDAM
KvK: 33246301
Affiliated companies NGM
International B.V. Willemsplein 492 3016DR ROTTERDAM
KvK: 24186996
Trenova B.V.
Willemsplein 492 3016DR ROTTERDAM
KvK: 24291969
Bank MeesPierson NV
|
Real estate |
Unknown |
|
|
The real estate is
checked at the land registration office |
|
|
Object code: No
registration |
Management B. van Haaren - van
Duijn Birgitte
Authorization:
Jointly authorized
Position: Manager
Date appointed:
01-06-2012
Date of birth:
18-04-1964
R.M. López Mayorga Ricardo Manuel
Authorization: Jointly authorized
Position: Manager
Date appointed: 30-06-2010
Date of birth: 17-06-1946
I.V. Popov Igor Vladimirovich
Authorization: Limited authorization
Position: Manager
Date appointed: 10-10-2005
Date of birth: 07-01-1963
F. Karsbergen Frank
Position: Commissaris
Date appointed: 02-11-2012
Date of birth: 06-06-1946
Other directorships: - Commissaris: NGM International
B.V. - ROTTERDAM (KvK: 24186996)
A.H.A.M. van Laack Anthonius Hendricus
Adrianus M
Position: Commissaris
Date appointed: 02-11-2012
Date of birth: 04-04-1963
M.K. Ungethüm Manfred Karl
Position: Commissaris
Date appointed: 02-11-2012
Date of birth: 13-11-1946
R.L.M. de Boeck René Lucas Maria
Authorization: Limited authorization
Position: Proxy
Date appointed: 12-07-2000
Date of birth: 03-08-1958
P.H. Bolomey Pieter Hans
Authorization: Limited authorization
Position: Proxy
Date appointed: 12-07-2000
Date of birth: 05-08-1961
S. de Bruin Stanley
Authorization: Limited authorization
Position: Proxy
Date appointed: 10-10-2007
Date of birth: 18-02-1964
J. Buurman Jacob
Authorization: Limited authorization
Position: Proxy
Date appointed: 16-02-2011
Date of birth: 15-07-1969
V. Casan Vila-San Juan Victor
Authorization: Limited authorization
Position: Proxy
Date appointed: 15-09-2011
Date of birth: 26-11-1981
P. Deelstra Paul
Authorization: Limited authorization
Position: Proxy
Date appointed: 12-07-2000
Date of birth: 12-08-1959
H.C. van der Avoort Henricus Cornelis
Authorization: Limited authorization
Position: Proxy
Date appointed: 12-07-2000
Date of birth: 27-04-1965
C. van der Helm Coenraad
Authorization: Limited authorization
Position: Proxy
Date appointed: 12-07-2000
Date of birth: 23-09-1951
W.R. van Kempen Willem Robertus
Authorization: Limited authorization
Position: Proxy
Date appointed: 01-11-2011
Date of birth: 04-11-1966
Other directorships: - Proxy: Concordia
Trading
B.V. - ROTTERDAM (KvK: 24145844) - Proxy:
Concordia Trading B.V. - ROTTERDAM (KvK: 24145844)
F.M. Du Moulin Ferdinand Michel
Authorization: Limited authorization
Position: Proxy
Date appointed: 12-07-2000
Date of birth: 13-06-1963
A. Muijen Andries
Authorization: Limited authorization
Position: Proxy
Date appointed: 01-06-2001
Date of birth: 18-02-1960
G.L. Novák Gergely László
Authorization: Limited authorization
Position: Proxy
Date appointed: 01-10-2007
Date of birth: 03-08-1976
R.A. van Orlé Robin Alexander
Authorization: Limited authorization (max: €
100.000)
Position: Proxy
Date appointed: 18-12-2012
Date of birth: 30-01-1965
A.J.M. Pfaff Antonius Joseph Martinus
Authorization: Limited authorization
Position: Proxy
Date appointed: 10-12-2003
Date of birth: 30-11-1952
J.G. Rietkerk Job Gijsbert
Authorization: Fully authorized
Position: Proxy
Date appointed: 02-02-2011
Date of birth: 09-05-1970
E. Schimmel Evert
Authorization: Limited authorization
Position: Proxy
Date appointed: 01-11-2011
Date of birth: 31-10-1954
Other directorships: - Manager: Concordia
Trading B.V. - ROTTERDAM (KvK: 24145844)
R.F. van Son René Franciscus
Authorization: Limited authorization
Position: Proxy
Date appointed: 10-12-2003
Date of birth: 16-08-1962
R.W. Stieber Robert Willem
Authorization: Limited authorization
Position: Proxy
Date appointed: 12-07-2000
Date of birth: 17-09-1953
A.M. Stouten Anna Maria
Authorization: Limited authorization
Position: Proxy
Date appointed: 12-07-2000
Date of birth: 13-04-1952
A.S. Walker Anthony Stuart
Authorization: Limited authorization
Position: Proxy
Date appointed: 01-04-2012
Date of birth: 23-04-1968
|
Payment experiences |
Payments are regular, no
complaints are known |
|
Payments |
Based on multiple payment
experiences up to € 50.000 |
|
|
Quarter: 1 2010: 47
Average days |
|
|
Quarter: 2 2010: 56
Average days |
|
|
Quarter: 3 2010: 47
Average days |
|
|
Quarter: 4 2010: 47
Average days |
Auditor Ernst
& Young
Publication
financial statement Annual
accounts 2012 are published on 20-12-2012 (Broken accounting year)
Annual accounts 2011 are published on
07-02-2012 (Broken accounting year)
Annual accounts 2010 are published on
09-02-2011 (Broken accounting year)
Annual accounts 2009 are published on
18-03-2010 (Broken accounting year)
Annual accounts 2008 are published on
29-05-2009 (Broken accounting year)
Type of publication Consolidated
Annual accounts van Nidera
B.V. Willemsplein 492 3016DR Rotterdam
KvK: 24307569
Publication Steady
|
BOOKYEAR |
2012 |
2011 |
2010 |
|
Quick ratio |
0,63 |
0,77 |
0,85 |
|
Current ratio |
1,21 |
1,23 |
1,30 |
|
Nett workingcapital / Balance total |
0,15 |
0,18 |
0,22 |
|
Capital and reserves / Balance total |
0,17 |
0,19 |
0,14 |
|
Capital and reserves / Fixed assets |
1,56 |
3,08 |
2,69 |
|
Solvency |
0,21 |
0,24 |
0,16 |
|
Nett workingcapital |
501.275.336 |
231.683.338 |
393.327.000 |
|
Capital and reserves |
565.136.125 |
246.241.584 |
247.466.000 |
|
Change capital and reserves |
129,50% |
-0,49% |
-13,68% |
|
change short term liabilities |
139,56% |
-22,09% |
47,53% |
|
Nett Turnover |
13.211.871.018 |
11.806.953.668 |
10.008.356.000 |
|
Operating profit |
46.784.997 |
68.662.522 |
-44.203.000 |
|
Profitability operating profit |
positive |
positive |
negative |
Annual accounts The
company is obligated to publish its annual accounts
Last annual accounts 2012
Type of publication Corporate
Turnover 2012:
13.211.871.018
2011:
11.806.953.668
2010: 10.008.356.000
2009: 7.057.723.000
2008: 7.059.748.000
Gross profit
2012: 271.351.125
2011: 165.464.717
Operating profit 2012:
46.784.997
2011: 68.662.522
2010: -44.203.000
2009: 73.100.000
2008: 274.146.000
Result after taxes 2012: 55.563.032
2011:
10.679.109
2010: -68.386.000
2009: 34.593.000
2008: 158.194.000
Tendency Changeable
Capital and reserves 2012
565.136.125
Total debt 2012
2.711.875.519
Current ratio 2012
1,21
Quick ratio 2012
0,63
Nett workingcapital 2012
501.275.336
Profitability More
than sufficient
Solvency Moderate
Liquidity Moderate
Currency Euro
|
BOOKYEAR |
2012 |
2011 |
2010 |
|
End of bookyear |
30-09-2012 |
30-09-2011 |
30-09-2010 |
|
Intangible assets |
22.901.006 |
10.927.202 |
11.629.000 |
|
Other tangible assets |
|
|
26.480.000 |
|
Tangible assets |
275.232.796 |
20.905.725 |
26.480.000 |
|
Other financial assets |
|
|
53.810.000 |
|
Financial assets |
63.667.441 |
48.173.741 |
53.810.000 |
|
Fixed assets |
361.801.242 |
80.006.668 |
91.920.000 |
|
|
|||
|
Stocks and work in progress |
1.406.151.604 |
465.355.122 |
584.333.000 |
|
Trade debtors |
543.960.564 |
316.832.566 |
352.548.000 |
|
Other amounts receivable |
939.410.685 |
450.416.219 |
510.458.000 |
|
Accounts receivable |
1.483.371.249 |
767.248.785 |
863.006.000 |
|
Liquid assets |
32.735.499 |
9.669.703 |
243.087.000 |
|
Deferred charges and accrued income |
|
|
510.458.000 |
|
Current assets |
2.922.258.353 |
1.242.273.611 |
1.690.427.000 |
|
Total assets |
3.284.059.595 |
1.322.280.279 |
1.782.347.000 |
|
|
|||
|
Minority interest |
7.047.951 |
-53.321 |
-1.043.000 |
|
Capital and reserves |
565.136.125 |
246.241.584 |
247.466.000 |
|
Provisions |
42.855.376 |
6.085.315 |
18.278.000 |
|
Achtergestelde leningen |
|
57.362.070 |
15.474.000 |
|
Financial debts |
|
57.362.070 |
15.474.000 |
|
other long term debts |
|
-55.307.711 |
205.073.000 |
|
Long term liabilities |
248.037.126 |
2.054.358 |
220.547.000 |
|
Trade debts suppliers |
354.897.917 |
195.433.614 |
272.017.000 |
|
Other short term debts |
2.066.085.101 |
815.156.659 |
1.025.083.000 |
|
Total short term debt |
2.420.983.017 |
1.010.590.273 |
1.297.100.000 |
|
Total debt |
2.711.875.519 |
1.018.729.946 |
1.517.647.000 |
|
Total Liabilities |
3.284.059.595 |
1.322.280.279 |
1.782.347.000 |
|
|
|||
|
PROFIT & LOSS ACCOUNT |
|
|
|
|
BOOKYEAR |
2012 |
2011 |
2010 |
|
Turnover |
13.211.871.018 |
11.806.953.668 |
10.045.509.000 |
|
Other operating income |
|
|
37.153.000 |
|
Nett Turnover |
13.211.871.018 |
11.806.953.668 |
10.008.356.000 |
|
Gross profit |
271.351.125 |
165.464.717 |
|
|
Wages employees |
158.788.092 |
64.361.996 |
75.545.000 |
|
Sales costs |
12.940.519.893 |
11.641.488.951 |
|
|
Depreciation and amortization |
20.870.843 |
4.136.118 |
4.568.000 |
|
Raw materials |
|
|
9.964.218.000 |
|
Other operating charges |
44.907.193 |
28.304.082 |
45.381.000 |
|
Operating charges |
13.165.086.022 |
11.738.291.146 |
10.089.712.000 |
|
Result participations |
|
|
-94.000 |
|
Operating profit |
46.784.997 |
68.662.522 |
-44.203.000 |
|
Financial income |
12.122.970 |
5.807.599 |
7.426.000 |
|
Financial charges |
77.194.897 |
47.222.841 |
44.065.000 |
|
Financial result |
-65.071.927 |
-41.415.242 |
-36.639.000 |
|
Result before taxes |
-18.286.930 |
27.247.279 |
-80.936.000 |
|
Income taxes |
41.082.754 |
13.362.216 |
-12.923.000 |
|
Result after taxes |
-59.369.684 |
13.885.063 |
-68.014.000 |
|
Extraordinary income |
114.819.027 |
|
4.000 |
|
Extraordinary charges |
|
3.238.540 |
377.000 |
|
Extraordinary result after taxes |
114.819.027 |
-3.238.540 |
-373.000 |
|
Nett result |
55.563.032 |
10.679.109 |
-68.386.000 |
|
Income attributable to minority interest |
-113.689 |
-32.585 |
|
Merger and
demerger Op 17-07-2012 merger
taken place. New registration: Nidera B.V., 24307569 Ceased registration:
Nidera Activities of holding companies B.V., 24353180. Op 27-03-2012 merger proposal
filed. New registration: Nidera Handelscompagnie B.V., 24307569 Ceased
registration: Nidera Activities of holding companies B.V., 24353180.
Management Per
01-01-2013 is Proxy Nicolaas Huber out of office.
Per 01-01-2013 is Proxy Herman Cornelis Bart
Rehm out of office.
Per 01-01-2013 is Proxy Bernadette Maria
Kester out of office.
Per 18-12-2012 is Proxy Robin Alexander van
Orlé appointed.
Per
02-11-2012 is Commissaris Manfred Karl Ungethüm appointed.
Per 02-11-2012 is Commissaris Anthonius
Hendricus Adrianus Maria van Laack appointed.
Per 02-11-2012 is Commissaris Frank
Karsbergen appointed.
Per 01-10-2012 is Proxy Henderik Ensing out
of office.
Per 01-09-2012 is Proxy Johannes Josephus
Broekhans out of office.
Per 14-08-2012 manager Santiago Bernal
Montesinos out of office.
Per 02-02-2011 is Proxy Job Gijsbert
Rietkerk appointed.
Per 01-06-2012 manager Daniël Gerrit Cor van
Vliet out of office.
Per 01-06-2012 manager Birgitte van
Haaren-van Duijn appointed.
Per 01-04-2012 is Proxy Anthony Stuart
Walker appointed.
Per 01-11-2011 is Proxy Evert Schimmel
appointed.
Per 01-11-2011 is Proxy Willem Robertus van
Kempen appointed.
Per 01-02-2012 is Proxy Adrianus Pieter
Lerensveld out of office.
Per 01-10-2011 is Proxy Adrianus Frederik
Sébastian van Hoorn out of office.
Per 15-09-2011 is Proxy Victor Casan
Vila-San Juan appointed.
Per 01-07-2011 manager Santiago Bernal
Montesinos appointed.
Per 17-03-2011 manager Eldert Sjoerd de
Vries out of office.
Per 19-03-2011 manager Joseph Noel Kenny out
of office.
Per 16-02-2011 is Proxy Jacob Buurman
appointed.
Per 24-01-2011 is Proxy Bernadette Maria
Kester appointed.
Per 23-01-2011 is Proxy Sebastiaan Willem
Peter van de Graaff out of office.
Per 01-10-2010 is Proxy Pjotr Gregor Damages
out of office.
Per 01-11-2010 manager Martin Gerard Dru out
of office.
Per 01-11-2010 is Proxy Steven Frank Verbeek
out of office.
Per 14-09-2010 is Proxy Marcelo Luís Martins
out of office.
Per 01-09-2010 manager Daniël Gerrit Cor van
Vliet appointed.
Per 30-06-2010 manager Ricardo Manuel López
Mayorga appointed.
Per 29-06-2010 manager Godefridus Louis
Maria Arthur van Lanschot out of office.
Per 30-04-2009 is Proxy Raymond Scheffel out
of office.
Per 15-11-2009 is Proxy Norbert de Jong out
of office.
Per 29-04-2010 is Proxy Jacob Pieter
Fontijne out of office.
Per 01-04-2010 manager Eldert Sjoerd de
Vries appointed.
Per 13-01-2010 manager Hendrik Peter Wijnen
out of office.
Per 01-04-2010 manager Martin Gerard Dru
appointed.
Modifications Per
2-11-2012 statutes modified.
Per 1-6-2012 is the responsibility of
manager Birgitte van Haaren-van Duijn changed..
Per 30-6-2010 is the responsibility of
manager Ricardo Manuel López Mayorga changed..
Other publications
... Date of filing:
19-12-2012 Deponeringsjaar: 2012 Type of deposit: Lijst van subsidiary (art.
379 section 5 BW2). ... Date of filing: 30-01-2012 Deponeringsjaar: 2012 Type
of deposit: Lijst van subsidiary Type of deposit: Lijst van subsidiary (art.379
section 5 BW2).
* * Date of filing: 12-03-2010 Type of
deposit: Lijst subsidiary bookyear 2009.
• Nidera Capital B.V. (24043517)
Rotterdam
o NGM International B.V. (24186996)
ROTTERDAM
Subsidiary
o Trenova B.V. (24291969)
ROTTERDAM
Subsidiary
o Nidera B.V. (24307569) Rotterdam Subsidiary
■ Concordia
Trading B.V. (24145844)
ROTTERDAM
Subsidiary
■ Transfeed B.V. (24179149)
ROTTERDAM
Subsidiary (100%)
■ Agridient B.V.
(24452826)
AMSTERDAM
Subsidiary (100%) Nidera
Participations B.V. (24449453)
ROTTERDAM
Subsidiary (100%)
Concordia Middle East B.V.
(24449464)
ROTTERDAM
Subsidiary (100%)
Transgrain Transport B.V. (24129395)
ROTTERDAM
Management relation
Transgrain Shipping B.V. (24151995)
ROTTERDAM
Management relation Anglo
Netherlands Grain B.V. (24186995)
ROTTERDAM
Management relation NiFS
B.V. (24455199)
ROTTERDAM
Management relation Nidera
Agri Enterprises B.V. (33246301)
ROTTERDAM
Management relation
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.05 |
|
|
1 |
Rs.83.45 |
|
Euro |
1 |
Rs.72.53 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.