MIRA INFORM REPORT

 

 

Report Date :

12.01.2013

 

IDENTIFICATION DETAILS

 

Name :

OUTOKUMPU STAINLESS OY

 

 

Formerly Known As :

AvestaPolarit Stainless Oy 

 

 

Registered Office :

Terästie, 95490, Tornio

 

 

Country :

Finland

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

21.11.1990

 

 

Legal Form :

Limited company

 

 

Line of Business :

Manufacturer of basic iron and steel and of ferro-alloys

 

 

No. of Employees :

Not Available

 

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

(31.03.2012)

Current Rating

(30.06.2012)

Finland

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Finland - ECONOMIC OVERVIEW

 

Finland has a highly industrialized, largely free-market economy with per capita output roughly that of Austria, Belgium, the Netherlands, and Sweden. Trade is important with exports accounting for over one third of GDP in recent years. Finland is strongly competitive in manufacturing - principally the wood, metals, engineering, telecommunications, and electronics industries. Finland excels in high-tech exports such as mobile phones. Except for timber and several minerals, Finland depends on imports of raw materials, energy, and some components for manufactured goods. Because of the climate, agricultural development is limited to maintaining self-sufficiency in basic products. Forestry, an important export earner, provides a secondary occupation for the rural population. Finland had been one of the best performing economies within the EU in recent years and its banks and financial markets avoided the worst of global financial crisis. However, the world slowdown hit exports and domestic demand hard in 2009, with Finland experiencing one of the deepest contractions in the euro zone. A recovery of exports, domestic trade, and household consumption stimulated economic growth in 2010. The recession left a deep mark on general government finances and the debt ratio, turning previously strong budget surpluses into deficits. In addition to marginal growth prospects, general government finances will remain in deficit during the next few years. The great challenge of economic policy will be to mitigate a possible recession in 2012 in which measures supporting growth will be combined with general government adjustment measures. Longer-term, Finland must address a rapidly aging population and decreasing productivity that threaten competitiveness, fiscal sustainability, and economic growth.

 

Source : CIA

 

 

REGISTERED NAME & COMPANY SUMMARY

 

Trading Name

Outokumpu Stainless Oy

Trade Registry Number

500880

 

Company Name

Outokumpu Stainless Oy

Business ID

08233159

 

Previous Name

AvestaPolarit Stainless Oy 

 

 

 

Telephone Number

0164521

Registered Address

Terästie, 95490, TORNIO

 

Fax Number

016452620

Visiting Address

Tornion tehtaat, 95400, TORNIO

 

Home Municipality

Tornio

Postal Address

-, -, -

 

Incorporation Date

21.11.1990

Branches

1  

 

Company Type

Limited company

Website Address

 

 

Primary Sic Code

24100

Accountant

KPMG Oy Ab

Primary Sic Description

Manufacture of basic iron and steel and of ferro-alloys

Last Accounts Date

31.12.2010

 

 

Share Capital (€)

78.120.000

Holding Company

 

 

 

Deals in importing

Yes

Foreign Ownership

No

 

 

Deals in exporting

Yes

Currency

EUR

 

 

 

 

DIRECTORS/MANAGEMENT

 

Current Directors

Name

Keränen Sauli Antero

 

 

Date of Birth

20.05.1957

Appointment Date

24.11.2011

Nationality

FINLAND

Function

Actual Member of Board

 

Name

Lauerma Aija Irina

 

 

Date of Birth

31.03.1980

Appointment Date

24.11.2011

Nationality

FINLAND

Function

Actual Member of Board

 

Name

Hautala Hannu Olavi

 

 

Date of Birth

20.10.1965

Appointment Date

30.04.2010

Nationality

FINLAND

Function

Managing director

 

Name

Sanaksenaho Asko Johannes

 

 

Date of Birth

26.08.1959

Appointment Date

24.11.2011

Nationality

FINLAND

Function

Actual Member of Board

 

Name

Seitovirta Mika Ilkka

 

 

Date of Birth

01.01.1962

Appointment Date

24.11.2011

Nationality

FINLAND

Function

Chairman of Board

 

Name

Suurnäkki Matti Antero

 

 

Date of Birth

27.11.1964

Appointment Date

24.11.2011

Nationality

FINLAND

Function

Actual Member of Board

 

Name

Suutala Niilo Jaakko

 

 

Date of Birth

03.02.1951

Appointment Date

24.11.2011

Nationality

FINLAND

Function

Actual Member of Board

 

Other Company Officials

Name

Parkkila Olavi

 

 

Date of Birth

11.04.1960

Appointment Date

24.11.2011

Nationality

FINLAND

Function

Alternate Member of Board

 

Name

Liisanantti Risto Heikki

 

 

Date of Birth

23.02.1950

Appointment Date

18.10.2011

Nationality

FINLAND

Function

Procurist

 

Name

Niska Erkki Antero

 

 

Date of Birth

13.05.1961

Appointment Date

18.10.2011

Nationality

FINLAND

Function

Procurist

 

Name

Mäki-Jokela Antero Kristian

 

 

Date of Birth

19.08.1980

Appointment Date

24.11.2011

Nationality

FINLAND

Function

Alternate Member of Board

 

Name

Mäki-Kullas Perttu Mikael

 

 

Date of Birth

28.06.1964

Appointment Date

18.10.2011

Nationality

FINLAND

Function

Procurist

 

Name

Rättyä Eero Arvi

 

 

Date of Birth

11.12.1948

Appointment Date

18.10.2011

Nationality

FINLAND

Function

Procurist

 

Name

Palvi Mauri Juha

 

 

Date of Birth

26.06.1951

Appointment Date

29.06.2006

Nationality

FINLAND

Function

Principal accountant

 

Name

Sassi Martti Olavi

 

 

Date of Birth

20.12.1964

Appointment Date

18.10.2011

Nationality

FINLAND

Function

Procurist

 

Name

Ollila Kosti Kalervo

 

 

Date of Birth

23.05.1951

Appointment Date

24.11.2011

Nationality

FINLAND

Function

Alternate Member of Board

 

Name

Tapio Eija Liisa Anita

 

 

Date of Birth

31.10.1967

Appointment Date

24.11.2011

Nationality

FINLAND

Function

Alternate Member of Board

 

Name

Elf Tarja Helena

 

 

Date of Birth

20.04.1963

Appointment Date

18.10.2011

Nationality

FINLAND

Function

Procurist

 

Name

Sillanpää Pertti Kalevi

 

 

Date of Birth

04.11.1957

Appointment Date

24.11.2011

Nationality

FINLAND

Function

Alternate Member of Board

 

Name

Leinonen Risto Juhani

 

 

Date of Birth

27.05.1954

Appointment Date

18.10.2011

Nationality

FINLAND

Function

Procurist

 

Name

Sauso Riku Antero

 

 

Date of Birth

21.10.1978

Appointment Date

18.10.2011

Nationality

FINLAND

Function

Procurist

 

Name

Korteniemi Mikko Tapani

 

 

Date of Birth

03.05.1959

Appointment Date

18.10.2011

Nationality

FINLAND

Function

Procurist

 

Name

Markko Ahti Olavi

 

 

Date of Birth

05.10.1961

Appointment Date

24.11.2011

Nationality

FINLAND

Function

Alternate Member of Board

 

Name

Lähteenmäki Hannu Olavi

 

 

Date of Birth

19.03.1965

Appointment Date

18.10.2011

Nationality

FINLAND

Function

Procurist

 

Name

Ylitalo Mikko Juhani

 

 

Date of Birth

15.01.1967

Appointment Date

18.10.2011

Nationality

FINLAND

Function

Procurist

 

Name

Kuronen Aki Tommi Oskari

 

 

Date of Birth

09.02.1970

Appointment Date

18.10.2011

Nationality

FINLAND

Function

Procurist

 

 

NEGATIVE INFORMATION

 

Na

 

 

SHARE & SHARE CAPITAL INFORMATION

 

Shareholder Information

Year

31.12.2010

 

Total Value of Shares

78.120.000

 

Number of Shares

42.000.000

 

Value of Shares

 

 

 

 

PAYMENT INFORMATION

 

Na

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Group structure

Company Name

 

 

Registered Number

Latest Key Financials

Percentage Owned

Limit

Turnover

OUTOKUMPU OYJ

 

 

02152542

31.12.2011

-

€50.000

€366.104.000

GRANEFORS BRUK AB

 

 

5561543405

31.12.2011

100%

0 KSEK

-

GKAB I VÄSTERÅS AKTIEBOLAG

 

 

N/A

-

100%

-

-

GUSUMS INDUSTRIFASTIGHETS AB

 

 

N/A

-

100%

-

-

LDM B.V.

 

 

N/A

-

100%

-

-

LDM NONFERRO GMBH

 

 

N/A

-

100%

-

-

ORIJÄRVI OY

 

 

01122819

-

100%

€1.000

-

PRINCETON GAMMA-TECH INC

 

 

N/A

-

100%

-

-

OUTOKUMPU COPPER FABRICATI...

 

 

5565793790

31.12.2011

100%

5 KSEK

75 KSEK

OUTOKUMPU COPPER BRASS SA

 

 

350719258

31.12.2010

100%

-

-

OUTOKUMPU COPPER LDM B.V.

 

 

N/A

-

100%

-

-

OUTOKUMPU HOLDING UK LIM...

 

 

N/A

-

100%

-

-

OUTOKUMPU INDUSTRIUNDERHÅL...

 

 

N/A

-

51%

-

-

OUTOKUMPU ISTANBUL DIS TIC...

 

 

N/A

-

100%

-

-

OUTOKUMPU LDA.

 

 

N/A

-

100%

-

-

OUTOKUMPU METALS OFF-TAKE OY

 

 

19431409

31.12.2006

100%

€10.000

€130.764.000

OUTOKUMPU MINES, INC.

 

 

N/A

-

100%

-

-

OUTOKUMPU ROSSIJA OY

 

 

07566621

31.12.2010

100%

€50.000

€141.329.000

OUTOKUMPU STAINLESS STEEL OY

 

 

08233124

31.12.2005

100%

€0

€11.493.000

OUTOKUMPU ASIA PACIFIC LTD

 

 

N/A

-

100%

-

-

OUTOKUMPU ASIA PACIFIC...

 

 

N/A

-

100%

-

-

OUTOKUMPU ASIA PACIFIC...

 

 

N/A

-

100%

-

-

OUTOKUMPU ASIA PACIFIC...

 

 

N/A

-

100%

-

-

OUTOKUMPU CHROME OY

 

 

07727683

31.12.2010

100%

€50.000

€265.203.000

OUTOKUMPU INDIA PRIVATE...

 

 

N/A

-

100%

-

-

OUTOKUMPU MIDDLE EAST FZCO

 

 

N/A

-

100%

-

-

OUTOKUMPU SRL

 

 

N/A

-

100%

-

-

OUTOKUMPU STAINLESS AB

 

 

5560018748

31.12.2010

100%

250.000 KSEK

13.882.000 KSEK

AVESTA KLIPPCENTER AB

 

 

5565098109

31.12.2010

100%

7.900 KSEK

134.750 KSEK

EUROTEC NV

 

 

443917233

31.12.2011

100%

€105.000

-

OUTOKUMPU (PTY) LTD

 

 

N/A

-

100%

-

-

OUTOKUMPU (S.E.A.) PTE...

 

 

N/A

-

100%

-

-

OUTOKUMPU (S.E.A.) P...

 

 

N/A

-

100%

-

-

OUTOKUMPU A/S

 

 

N/A

-

100%

-

-

OUTOKUMPU AS

 

 

934869028

31.12.2011

100%

€357.000

€4.854.308

OUTOKUMPU BALTIC OÜ

 

 

N/A

-

100%

-

-

OUTOKUMPU BENELUX B.V.

 

 

33196410

31.12.2010

100%

€500.000

€48.992.000

OUTOKUMPU B.V.

 

 

33083900

-

100%

-

-

OUTOKUMPU GEBOUWEN B.V.

 

 

33202753

-

100%

-

-

OUTOKUMPU PSC BENELU...

 

 

09030502

-

100%

-

-

OUTOKUMPU BRASIL COMER...

 

 

N/A

-

100%

-

-

OUTOKUMPU DISTRIBUTION OY

 

 

06480551

31.12.2010

100%

€50.000

€43.540.000

OUTOKUMPU GES.M.B.H

 

 

N/A

-

100%

-

-

OUTOKUMPU K.K.

 

 

N/A

-

100%

-

-

OUTOKUMPU KFT

 

 

N/A

-

100%

-

-

OUTOKUMPU LIMITED

 

 

IE072111

31.12.2010

100%

-

-

OUTOKUMPU NORDIC AKTIE...

 

 

5560691924

31.12.2011

100%

25.000 KSEK

1.002.571 KSEK

OUTOKUMPU NV

 

 

401923656

31.12.2011

100%

€905.000

€32.727.738

OUTOKUMPU PREFAB AB

 

 

5562328897

31.12.2011

100%

4.450 KSEK

127.424 KSEK

OUTOKUMPU PRESS PLATE AB

 

 

5560508839

31.12.2011

100%

3.100 KSEK

154.103 KSEK

OUTOKUMPU PTY LTD

 

 

N/A

-

100%

-

-

OUTOKUMPU S.A.

 

 

N/A

-

100%

-

-

OUTOKUMPU S.A.S.

 

 

N/A

-

100%

-

-

OUTOKUMPU S.R.O.

 

 

N/A

-

100%

-

-

OUTOKUMPU SP.ZO.O.

 

 

N/A

-

100%

-

-

OUTOKUMPU SPA

 

 

N/A

-

100%

-

-

OUTOKUMPU STAINLESS HO...

 

 

HRB 4114

31.12.2010

100%

€25.000

-

OUTOKUMPU GMBH

 

 

HRB 6151

31.12.2010

100%

€1.050.000

€272.766.000

OUTOKUMPU PSC GERMAN...

 

 

HRB 541182

31.12.2010

100%

€63.000

€28.136.431

OUTOKUMPU STAINLESS HO...

 

 

02721293

31.12.2010

100%

£495.000

-

AVESTAPOLARIT PENSIO...

 

 

04220484

31.12.2011

100%

-

-

OUTOKUMPU STAINLESS...

 

 

02794127

31.12.2010

100%

£4.950.000

£616.900.000

SOGEPAR UK LIMITED

 

 

01707316

31.12.2010

100%

-

-

SOGEPAR IRELAND...

 

 

IE166859

31.12.2009

100%

-

-

OUTOKUMPU STAINLESS INC

 

 

N/A

-

100%

-

-

2843617 CANADA INC

 

 

N/A

-

100%

-

-

OUTOKUMPU STAINLESS...

 

 

N/A

-

100%

-

-

OUTOKUMPU STAINLESS...

 

 

N/A

-

100%

-

-

OUTOKUMPU STAINLESS...

 

 

N/A

-

100%

-

-

OUTOKUMPU STAINLESS...

 

 

N/A

-

100%

-

-

POLARIT WELDING INC

 

 

N/A

-

100%

-

-

OUTOKUMPU UAB

 

 

N/A

-

100%

-

-

OUTOKUMPU UAB

 

 

N/A

-

100%

-

-

VISENT INVEST AKTIEBOLAG

 

 

5560359076

31.12.2011

100%

0 KSEK

-

VISENTA FÖRSÄKRINGS AB

 

 

N/A

-

100%

-

-

ZAO OUTOKUMPU

 

 

N/A

-

100%

-

-

OUTOKUMPU STAINLESS OY

 

 

08233159

31.12.2010

100%

€50.000

€2.220.416.000

OUTOKUMPU SHIPPING OY

 

 

01933734

31.12.2010

100%

€12.500

€7.876.000

OUTOKUMPU STAINLESS B.V.

 

 

21016484

31.12.2011

100%

€195.000

€28.276.388

OUTOKUMPU STAINLESS STEE...

 

 

N/A

-

100%

-

-

OUTOKUMPU STAINLESS TRAI...

 

 

N/A

-

100%

-

-

OUTOKUMPU STAINLESS TUBU...

 

 

5560578592

31.12.2010

100%

50.000 KSEK

1.230.800 KSEK

AB ÖRNSKÖLDSVIKS MEKAN...

 

 

N/A

-

100%

-

-

AS OUTOKUMPU STAINLESS...

 

 

N/A

-

100%

-

-

OUTOKUMPU ARMETAL STAI...

 

 

N/A

-

51%

-

-

OUTOKUMPU STAINLESS TU...

 

 

N/A

-

100%

-

-

OUTOKUMPU STAINLESS TU...

 

 

17313177

31.12.2010

100%

€50.000

€71.739.000

SH-TRADE OY

 

 

05760455

31.12.2010

100%

€50.000

€4.289.000

OUTOKUMPU TREASURY BELGIUM NV

 

 

892953690

31.12.2011

100%

€0

-

OUTOKUMPU ZINC B.V.

 

 

24175160

31.12.2011

100%

€54.000

-

OUTOKUMPU MINING AUSTRAL...

 

 

N/A

-

100%

-

-

OUTOKUMPU EXPLORATION...

 

 

N/A

-

100%

-

-

OUTOKUMPU MINING OY

 

 

07732845

31.12.2010

100%

€50.000

€50.000

OUTOKUMPU NICKEL RESOURC...

 

 

24280117

31.12.2011

100%

€1.000

-

OUTOKUMPU ZINC AUSTRALIA...

 

 

N/A

-

100%

-

-

PANCARELIAN LTD

 

 

N/A

-

100%

-

-

RULLFORMNINGSCENTRUM I FAG...

 

 

N/A

-

80%

-

-

VISCARIA AKTIEBOLAG

 

 

5562072891

31.12.2011

100%

0 KSEK

-

Linked Companies

Name

 

Latest Key financials

limit

Turnover

OUTOTEC OYJ

 

31.12.2011

€50.000

€29.900.000

VISENTA FÖRSÄKRINGSAKTIEBOLAG

 

-

-

-

SAS OUTOKUMPU

 

31.12.2010

€2.000.000

€75.772.381

OUTOKUMPU COPPER HME B.V.

 

31.10.2010

-

-

GKAB I VÄSTERÅS AKTIEBOLAG

 

31.12.2011

-

24 KSEK

OUTOKUMPU STAINLESS TUBULAR PRODUCT

 

31.12.2006

-

€23.051.227

OUTOTEC (KIL) AKTIEBOLAG

 

31.12.2009

-

435.650 KSEK

AKTIEBOLAGET ÖRNSKÖLDSVIKS MEKANISKA VERKSTAD

 

31.12.2011

625 KSEK

114.586 KSEK

OUTOKUMPU SHARED SERVICES AB

 

01.12.2005

-

130.966 KSEK

OUTOKUMPU INDUSTRIUNDERHÅLL AB

 

31.12.2011

1.950 KSEK

39.149 KSEK

RFC RULLFORMNINGSCENTRUM I FAGERSTA AB

 

31.12.2011

-

6.620 KSEK

GUSUMS INDUSTRIFASTIGHETS AB

 

31.12.2010

180 KSEK

2.259 KSEK

AVESTAPOLARIT FÖRSÄLJNING AB

 

31.12.2011

-

-

PRINCETON GAMMA-TECH (UK) LIMITED

 

31.12.2010

-

-

LEE STEEL STRIP LIMITED

 

31.12.2011

-

-

AVESTA SHEFFIELD DISTRIBUTION LIMITED

 

31.12.2011

-

-

ALLOY & METAL (OVERSEAS) LIMITED

 

31.12.2011

-

-

AVESTA-JOHNSON STAINLESS LIMITED

 

31.12.2011

-

-

OUTOKUMPU HOLDINGS UK LIMITED

 

31.12.2011

-

-

AVESTA SHEFFIELD PRECISION STRIP LIMITED

 

31.12.2011

-

-

AVESTA SHEFFIELD TRADING LTD

 

31.12.2011

-

-

STAINLESS AUTOMOTIVE COMPONENTS LIMITED

 

31.12.2011

-

-

FINNPIPE OY

 

-

-

-

LDM B.V.

 

31.12.2011

€265.000

€74.395.000

OUTOKUMPU ZINC AUSTRALIA B.V.

 

31.12.2011

€525.000

-

KRUGER IN VEREFFENING BVBA

 

31.12.2006

-

-

CONTISTEEL NV

 

31.12.2008

-

€28.070.297

AVESTA SHEFFIELD IMMO IN VEREFFENING NV

 

-

-

-

OUTOKUMPU STAINLESS AB

 

-

-

-

AS OUTKUMPU STAINLESS TUBULAR PRODUCTS

 

-

-

-

AVESTA POLARIT ABE SA DE CV

 

-

-

-

AVESTA POLARIT DO BRASIL IND. E CORO LTDA

 

-

-

-

AVESTAPOLARIT ABE INC

 

-

-

-

AVESTAPOLARIT ABE SA DE CV

 

-

-

-

AVESTAPOLARIT DISTRIBUTION LTD

 

-

-

-

AVESTAPOLARIT DISTRIBUTION LTD

 

-

-

-

AVESTAPOLARIT DO BRASIL IND E COM LTDA

 

-

-

-

BOLIDEN CONTECH CHILE SA

 

-

-

-

ETIRES LAMINES FORGES ESTANTES SA

 

-

-

-

FAGERSTA STAINLESS INC

 

-

-

-

HERTECANT NV

 

-

-

-

OUTOKUMOU STAINLESS TUBULAR PRODUCTS LTD

 

-

-

-

OUTOKUMPU , ZAO

 

-

-

-

OUTOKUMPU A/S

 

-

-

-

OUTOKUMPU A/S

 

-

-

-

OUTOKUMPU ARAMETAL STAINLESS PIPE CO LTD

 

-

-

-

OUTOKUMPU BALTIC OÜ

 

-

-

-

OUTOKUMPU BENELUX B.V.

 

-

-

-

OUTOKUMPU COPPER BCZ SA

 

-

-

-

OUTOKUMPU COPPER HOLDING UK

 

-

-

-

OUTOKUMPU COPPER ITALIA SA

 

-

-

-

OUTOKUMPU COPPER LDM BV

 

-

-

-

OUTOKUMPU COPPER LDM BV

 

-

-

-

OUTOKUMPU COPPER TUBE HUNGARY KFT

 

-

-

-

OUTOKUMPU GESMBH

 

-

-

-

OUTOKUMPU GESMBH

 

-

-

-

OUTOKUMPU KFT

 

-

-

-

OUTOKUMPU KFT

 

-

-

-

OUTOKUMPU KK

 

-

-

-

OUTOKUMPU KK

 

-

-

-

OUTOKUMPU LTD

 

-

-

-

OUTOKUMPU LTD

 

-

-

-

OUTOKUMPU N.V.

 

-

-

-

OUTOKUMPU NV

 

-

-

-

OUTOKUMPU PORI TUBE OY

 

-

-

-

OUTOKUMPU PTE LTD

 

-

-

-

OUTOKUMPU PTE LTD.

 

-

-

-

OUTOKUMPU PTY LTD

 

-

-

-

OUTOKUMPU PTY LTD

 

-

-

-

OUTOKUMPU PTY LTD

 

-

-

-

OUTOKUMPU PTY LTD

 

-

-

-

OUTOKUMPU S.A.

 

-

-

-

OUTOKUMPU S.A.

 

-

-

-

OUTOKUMPU S.R.O.

 

-

-

-

OUTOKUMPU SA

 

-

-

-

OUTOKUMPU SP ZOO

 

-

-

-

OUTOKUMPU SP. Z.O.O.

 

-

-

-

OUTOKUMPU SPA

 

-

-

-

OUTOKUMPU SPA

 

-

-

-

OUTOKUMPU SRO

 

-

-

-

OUTOKUMPU STAILESS TUBULAR PRODUCTS, AS

 

-

-

-

OUTOKUMPU STAINLESS AB

 

-

-

-

OUTOKUMPU STAINLESS HOLDING GMBH

 

-

-

-

OUTOKUMPU STAINLESS HOLDINGS LTD

 

-

-

-

OUTOKUMPU STAINLESS INC

 

-

-

-

OUTOKUMPU STAINLESS INC.

 

-

-

-

OUTOKUMPU STAINLESS TUBULAR PRODUCTS LTD

 

-

-

-

OUTOKUMPU UAB

 

-

-

-

OUTOKUMPU UAB

 

-

-

-

PRINCETON GAMMA-TECH INC

 

-

-

-

ZAO OUTOKUMPU

 

-

-

-

 

 

FINANCIAL INFORMATION

 

Key Financials

Year

31.12.2010

%

31.12.2009

%

31.12.2008

%

31.12.2007

Turnover (€)

2.220.416.000

77%

1.256.222.000

-53%

2.650.673.000

-22%

3.395.239.000

Result After Taxes (€)

-17.807.000

89%

-167.854.000

-888%

21.294.000

-1%

21.536.000

Total Assets(€)

1.951.631.100

19%

1.633.859.720

-13%

1.867.818.090

-16%

2.211.551.050

Number of Employees

2178

7%

2037

-9%

2241

3%

2185

Estimated Shareholders Funds

487.907.775

-10%

539.173.708

-24%

709.770.874

 

707.696.336

Ratios

Year

31.12.2010

 

31.12.2009

 

31.12.2008

 

31.12.2007

Solvency Ratio

25% 

 

33% 

 

38% 

 

32% 

 

Moderate Indebtedness

 

Moderate Indebtedness

 

Moderate Indebtedness

 

Moderate Indebtedness

Operating Result Ratio

-3,20

 

-13,20

 

-1,30

 

3,60

Turnover Employee Ratio

101.947,00

 

6.167,00

 

118.281,00

 

155.389,00

Solvency Ratio Definitions

Solvency Ratio is calculated as:

Shareholders Funds
      Total Assets

This ratio measures if the total liabilities of a business (both secured and unsecured) are too high, indicating a possible over dependency on outside sources for long-term financial support. An average score would be between 20% and 40% whilst poor performers can generate scores of below 20% or even have a negative score. Exceptionally performing businesses could reach a value in excess of 60%.

 

Less than zero % - Extremely High Indebtedness

0 – 20% - High Indebtedness

21 – 40% - Moderate Indebtedness

41 – 60% - Low Indebtedness

Greater than 60% - Exceptionally Low Indebtedness

 

Profit & Loss (€)

 

Operating Income

 

 

 

 

 

 

 

 

Number of weeks

 

 

 

 

 

 

 

 

Consolidated Accounts

 

 

 

 

 

 

 

 

Sales Revenue

 

 

 

 

 

 

 

 

Other Operating Income

 

 

 

 

 

 

 

 

Total Operating Income

 

 

 

 

 

 

 

 

Wages & Salaries

 

 

 

 

 

 

 

 

Depreciation

 

 

 

 

 

 

 

 

Total Operating Expenses

 

 

 

 

 

 

 

 

Operating Profit/Loss

 

 

 

 

 

 

 

 

Result From Financial Investments

 

Financial Income

 

 

 

 

 

 

 

 

Financial Expenses

 

 

 

 

 

 

 

 

Total Financial Investments

 

 

 

 

 

 

 

 

Profit/Loss after Financial Items

 

 

 

 

 

 

 

 

Extraordinary Income

 

 

 

 

 

 

 

 

Extraordinary Expenses

 

 

 

 

 

 

 

 

Profit/Loss Before Tax

 

 

 

 

 

 

 

 

Tax

 

 

 

 

 

 

 

 

Profit/Loss After Tax

 

 

 

 

 

 

 

Balance Sheet (€)

 

Assets

 

 

 

 

 

 

 

 

Number of weeks

 

 

 

 

 

 

 

 

Consolidated Accounts

 

 

 

 

 

 

 

 

Fixed Assets

 

Intangible Assets

 

 

 

 

 

 

 

 

Tangible Assets

 

 

 

 

 

 

 

 

Other Fixed Assets

 

 

 

 

 

 

 

 

Total Fixed Assets

 

 

 

 

 

 

 

 

Current Assets

 

Inventories

 

 

 

 

 

 

 

 

Trade Receivables

 

 

 

 

 

 

 

 

Other Receivables

 

 

 

 

 

 

 

 

Cash & Bank Balances

 

 

 

 

 

 

 

 

Other Current Assets

 

 

 

 

 

 

 

 

Total Current Assets

 

 

 

 

 

 

 

 

Total Assets

 

 

 

 

 

 

 

Equity and Liabilities (€)

 

EQUITY

 

Share Capital

 

 

 

 

 

 

 

 

Share Premium Reserve

 

 

 

 

 

 

 

 

Retained Earnings

 

 

 

 

 

 

 

 

Other Reserves

 

 

 

 

 

 

 

 

Total Equity

 

 

 

 

 

 

 

 

LONG TERM LIABILITIES

 

Long Term Liabilities to Financial Institutions

 

 

 

 

 

 

 

 

Other Long Term Liabilities Finance

 

 

 

 

 

 

 

 

Other Long Term Liabilities

 

 

 

 

 

 

 

 

Total Long Term Debts

 

 

 

 

 

 

 

 

CURRENT LIABILITIES

 

Trade Payables

 

 

 

 

 

 

 

 

Liabilities to Financial Institutions

 

 

 

 

 

 

 

 

Other Short Term Financial Loans

 

 

 

 

 

 

 

 

Other Short Term Liabilities

 

 

 

 

 

 

 

 

Total Current Liabilities

 

 

 

 

 

 

 

 

Total Liabilities

 

 

 

 

 

 

 

 

Total Equity & Liabilities

 

 

 

 

 

 

 

Other Financials (€)

 

Working Capital

 

 

 

 

 

 

 

 

Net Worth

 

 

 

 

 

 

 

Key Ratios

 

 

 

 

 

 

 

 

 

 

Number of weeks

 

 

 

 

 

 

 

 

Consolidated Accounts

 

 

 

 

 

 

 

 

PROFITABILITY

 

Net Margin %

 

 

 

 

 

 

 

 

Operating Profit/Loss %

 

 

 

 

 

 

 

 

Pre-Tax Profit Margin %

 

 

 

 

 

 

 

 

TRADING PERFORMANCE

 

Return on Net Assets Employed %

 

 

 

 

 

 

 

 

Return on Total Capital %

 

 

 

 

 

 

 

 

Interest Coverage Ratio (times)

 

 

 

 

 

 

 

 

Return on Capital Employed %

 

 

 

 

 

 

 

 

Return on Total Assets Employed %

 

 

 

 

 

 

 

 

Interest on Debt %

 

 

 

 

 

 

 

 

Risk Buffer %

 

 

 

 

 

 

 

 

SHORT TERM LIQUIDITY

 

Liquidity Ratio/Acid Test

 

 

 

 

 

 

 

 

Current Ratio %

 

 

 

 

 

 

 

 

Debtor Days

 

 

 

 

 

 

 

 

Working capital

 

 

 

 

 

 

 

 

LONG TERM LIQUIDITY

 

Equity Ratio %

 

 

 

 

 

 

 

 

Gearing %

 

 

 

 

 

 

 

 

Current Debt Ratio

 

 

 

 

 

 

 

 

Total Debt Ratio

 

 

 

 

 

 

 

 

Relative debt %

 

 

 

 

 

 

 

 

BUSINESS MEASURES

 

Change in turnover %

 

 

 

 

 

 

 

 

Turnover/employees

 

 

 

 

 

 

 

 

Sales/Net Working Capital

 

 

 

 

 

 

 

 

Stock Turnover Ratio %

 

 

 

 

 

 

 

 

Creditor Days

 

 

 

 

 

 

 

 

Equity in Percentage %

 

 

 

 

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Na

 

 

ADDITIONAL INFORMATION

 

Registrations in Force

 

State

Registration Date

Tax Administration

Registered

28.11.1990

Trade Register

Registered

21.11.1990

Employer Register

Registered

01.01.1991

Prepayment Register

Registered

01.03.1995

Value Added Tax-Liability

VAT-liable for business activity

01.06.1994

 

 

NOTES & COMMENTS

 

Na

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.54.54

UK Pound

1

Rs.88.05

Euro

1

Rs.72.29

 

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%)

 

 

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.