MIRA INFORM REPORT

 

 

Report Date :

05.06.2013

 

IDENTIFICATION DETAILS

 

Name :

VICHIUNAI-RUS - LIMITED LIABILITY COMPANY

 

 

Registered Office :

Mayakovskogo str., 3B, Sovetsk, Kaliningrad Region, 238758

 

 

Country :

Russian Federation

 

 

Financials (as on) :

01.01.2012

 

 

Date of Incorporation :

02.10.2002

 

 

Com. Reg. No.:

1023902001947

 

 

Legal Form :

OOO (Limited Liability Company by Russian Law)

 

 

Line of Business :

Manufacture and sales of fish production.

 

 

No. of Employees :

1 500 (approximately)

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

Payment Behaviour :

No Complaints

Litigation :

Clear

 

 

NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March 31st, 2013

 

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

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. 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 also a top exporter of metals such as steel and primary aluminum. Russia's reliance on commodity exports makes it vulnerable to boom and bust cycles that follow the volatile swings in global 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 visible 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 economic decline bottomed out in mid-2009 and the economy began to grow again in the third quarter of 2009. High oil prices buoyed Russian growth in 2011-12 and helped Russia reduce the budget deficit inherited from 2008-09. Russia has reduced unemployment to a record low and has lowered inflation below double digit rates. Russia joined the World Trade Organization in 2012, which will reduce trade barriers in Russia for foreign goods and services and help open foreign markets to Russian goods and services. At the same time, Russia has sought to cement economic ties with countries in the former Soviet space through a Customs Union with Belarus and Kazakhstan, and, in the next several years, through the creation of a new Russia-led economic bloc called the Eurasian Economic Union. Russia has had difficulty attracting foreign direct investment and has experienced large capital outflows in the past several years, leading to official programs to improve Russia's international rankings for its investment climate. Russia's adoption of a new oil-price-based fiscal rule in 2012 and a more flexible exchange rate policy have improved its ability to deal with external shocks, including volatile oil prices. Russia's long-term challenges also include a shrinking workforce, rampant corruption, and underinvestment in infrastructure.

Source : CIA

Comments

 

 

Information

The address, the taxpayer code (INN): 3911008930 and the web address mentioned in your inquiry belong to the company Obschestvo s ogranichennoy otvetstvennostyu "VICHYUNAY-RUS'" (name in English: "VICHIUNAI-RUS" LIMITED LIABILITY COMPANY). We provide the report on this company.

 

 

 

Summary

 

 

Original Name

Obschestvo s ogranichennoy otvetstvennostyu "VICHYUNAY-RUS'"

Legal Form

OOO (Limited Liability Company by Russian Law)

Year of Foundation

2002

Sales

4 602 929 th RUR for 12 months, ended 01.01.2012

Employees

1 500 (approx.) on June, 05, 2013 (company's data)

 

 

 

 

Company Identification Details

 

 

Original Name

Obschestvo s ogranichennoy otvetstvennostyu "VICHYUNAY-RUS'"

Short Name

OOO "VICHYUNAY-RUS'"

Name in English

"VICHIUNAI-RUS" LIMITED LIABILITY COMPANY

Address

Mayakovskogo str., 3B, Sovetsk, Kaliningrad Region, 238758, Russian Federation

Legal Address

Mayakovskogo str., 3B, Sovetsk, Kaliningrad Region, 238758, Russian Federation

Phone

+7 (40161) 36868, 40715, 40774

Fax

+7 (40161) 36868, 40715, 40774

E-mail

info@vici-msk.ru
vici@office.ru

WEB Address

www.vici.lt
www.viciunaigroup.eu

 

 

 

Official Company Data

 

 

Legal Form

OOO (Limited Liability Company by Russian Law)

Date of Registration

02.10.2002

Registration Number

1023902001947

Statistic Code (OKPO)

51813165

Taxpayer Code (INN)

3911008930

Registration Authority

Ministry for Taxes and Duties of Russian Federation

 

 

 

Public Record Information

 

 

Information

The company Obschestvo s ogranichennoy otvetstvennostyu "VICHYUNAY-RUS'" was not included in the published list of bankrupt companies.

 

 

 

Share Capital

 

 

Current Share Capital

193 000 000 RUR

 

 

 

Shareholders

 

 

Total

1 legal person

 

 

Shareholder

PLUNGES KOOPERATINE PREKYBA UAB

Address

Lithuania

Registration Number

AV 94-50

Share

100 %

 

 

 

Directors

 

 

Director

Mr Meyshtas Vitautas

 

Signature Right

Nationality

Lithuania

 

 

Comments

The names of foreign director of the company may be pointed incorrectly as in official documents (extracts from register) they’re written in Russian by cyrillic letters. We present our apologies for possible mistakes in transliteration.

 

 

 

Re-Registration Data

 

 

Initial Registration

28.06.2002

Registration Number

R-2166.17

Registration Authority

Administration of Kaliningrad Region

 

 

Date of Registration

02.10.2002

 

(Entering into the Single State Register of Legal Entities)

Registration Number

1023902001947

Registration Authority

Ministry for Taxes and Duties of Russian Federation

 

 

Date of Re-registration

09.12.2002

File Number

2023902004993

Registration Authority

Ministry for Taxes and Duties of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

26.12.2002

File Number

2023902006951

Registration Authority

Ministry for Taxes and Duties of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

03.09.2003

File Number

2033908002478

Registration Authority

Ministry for Taxes and Duties of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

24.01.2005

File Number

2053905500450

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

28.02.2013

File Number

2133926069210

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

 

Operations

 

 

Activities

Manufacture and sales of fish production.

The company sells goods under brand VICI.

The company enters into the group of companies VICIUNAI GROUP.

Also into the group of companies enter the following companies: PLUNGES KOOPERATINE PREKYBA UAB, UAB VICIUNAI IR KO, SIA VICIUNAI-LAT, VICIUNAI BALTIC OU, KAUNO FILIALAS, NV VICHIUNAI EUROPE, S.R.O. VICINAI CENTRAL EUROPE, VICZIUNAI-POL SP.Z.O.O. and other.

The group of companies operates on the market of fish production.

 

 

Staff Employed

1 500 (approx.) on June, 05, 2013 (company's data)

Employees' History

1 500 (approx.) on January, 21, 2013 (company's data)
1 300 (approx.) on November, 08, 2011 (company's data)
1 300 (approx.) on August, 12, 2010 (company's data)
1 300 (approx.) on March, 10, 2010 (company's data)

 

 

 

Real Estate

 

 

Own

Office, warehouse, industrial area
Address: Mayakovskogo str., 3B, Sovetsk, Kaliningrad Region, 238758, Russian Federation
(company's data)

 

 

Rent

none

 

 

 

Export & Import

 

 

Export Countries

2012: Ukraine, Moldova, Georgia, Uzbekistan, Azerbaijan, Kyrgyzstan, Armenia, Lithuania
2011: Ukraine, Moldova, China, Georgia, Spain, Lithuania, Kyrgyzstan, Uzbekistan, Armenia, India
2010: Ukraine, Kazakhstan, Moldova, Belarus, Georgia, Uzbekistan, Lithuania
2009: Ukraine, Kazakhstan, Moldova, Lithuania, Uzbekistan, Georgia, Azerbaijan, Serbia, Armenia
2008: Ukraine, Kazakhstan, Moldova, Serbia, Georgia, Lithuania, Armenia, Sweden, Germany
2007: Ukraine, Kazakhstan, Moldova, Lithuania, Georgia, Armenia

Exported Goods

equipment, foodstuff

Export Value

in 2012: 19 686 014 USD
in 2011: 24 594 955 USD
in 2010: 21 925 608 USD
in 2009: 17 610 873 USD
in 2008: 34 705 980 USD
in 2007: 25 416 080 USD

 

 

Import Countries

2012: Lithuania, India, Peru, Germany, Canada, Thailand, Italy, Norway, Vietnam, Spain, China, USA, Iceland, Denmark, Belgium, Netherlands, Indonesia, Argentina, Korea, Poland, Chile, France, Ukraine, New Zealand, Latvia
2011: Lithuania, India, Canada, Norway, Germany, Vietnam, Peru, China, Thailand, USA, Spain, Italy, Denmark, Ukraine, Argentina, Iceland, Austria, Portugal, Netherlands, Belgium, Korea, France, Poland, Latvia
2010: Germany, Lithuania, Norway, Iceland, Netherlands, Ukraine, Denmark, Latvia, Poland, Sweden, Belgium, USA, Spain, Estonia, Portugal
2009: Germany, Lithuania, Norway, Denmark, Iceland, Latvia, Netherlands, Ukraine, Switzerland, Poland
2008: Lithuania, Germany, Iceland, Norway, Latvia, Netherlands, Denmark, Peru, Estonia
2007: Lithuania, Germany, India, Latvia, Iceland, Thailand, France, Peru, Great Britain, Norway, Italy, Vietnam

Imported Goods

equipment, food raw materials, boxes, clothes, furniture, trucks, electroproduction, spare parts

Import Value

in 2012: 55 926 170 USD
in 2011: 94 057 387 USD
in 2010: 76 058 633 USD
in 2009: 64 277 896 USD
in 2008: 87 642 286 USD
in 2007: 65 678 014 USD

 

 

 

Branches

 

 

Branch

None

 

 

 

Participation

 

 

Information

None

 

 

 

Related Companies

 

 

Information

The company PLUNGES KOOPERATINE PREKYBA UAB is also a shareholder of company

OOO "BALTKO"
Registration number: 1037707029777

Mr Meyshtas Vitautas isn't a shareholder or a director of any other companies in Russian Federation.

 

 

 

Bankers

 

 

Bank

AKTSIONERNYY KOMMERCHESKIY SBEREGATEL'NYY BANK ROSSIYSKOY FEDERATSII, Kaliningrad branch No 8626, bank code: 042748634 (Russian Federation)

Account(s)

40702810420180100430 (RUR)

 

 

Bank

OOO KB "PROMSVYAZ'BANK", Kaliningrad branch (Russian Federation)

 

 

Bank

ZAO "RAYFFAYZENBANK", St.-Petersburg branch (Russian Federation)

 

 

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

4602929

3861417

3550871

3302404

Cost of Goods sold

3844761

3164920

2644968

2808447

GROSS PROFIT

758168

696497

905903

493957

Distribution Costs

376231

376643

277072

272347

Management Costs

35953

25791

27388

38963

OPERATING PROFIT

345984

294063

601443

182647

Non Trading Income

-110040

-95060

-319639

-233713

PRE TAX PROFIT

235944

199003

281804

-51066

Taxation

43397

11206

15900

 

PROFIT AFTER TAX

189315

161213

223516

-44962

 

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

981385

849264

834997

635313

 Intangible Assets

5716

 

 

 

 Fixed Assets

725128

625393

603866

484634

TOTAL CURRENT ASSETS

2205000

2036586

1663194

1311082

 Stock

867810

980218

618643

227924

 Trade debtors

1217192

896323

972903

1023110

 Cash

17312

66848

14395

3386

TOTAL ASSETS

3186385

2885851

2498191

1946394

 

 

 

 

 

TOTAL EQUITY

788266

621679

460466

239770

 Share Capital

193000

193000

193000

193000

 Retained Profits

586164

428677

267464

46768

TOTAL LONG TERM LIABS

586220

610583

456277

199996

 Long Term Loans

484500

485326

300000

 

TOTAL CURRENT LIABS

1811898

1653589

1581448

1506628

 Short Term Loans

1052184

983291

385341

537684

 Short Term Trade Creditors

748430

649893

1177896

961590

TOTAL EQUITY & LIABS

3186385

2885851

2498191

1946394

 

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

1,22

1,23

1,05

0,87

Working Capital, x1000 RUR

393102

382997

81746

-195546

Quick Ratio

0,74

0,64

0,66

0,72

Debt to Equity Ratio

3,04

3,64

4,43

7,12

Current Assets Turnover

2,09

1,9

2,13

2,52

Total Assets Turnover Ratio

1,44

1,34

1,42

1,7

Pre Tax Profit Margin, %

5,13

5,15

7,94

-1,55

Gross Profit, %

16,47

18,04

25,51

14,96

Return on Investment, %

29,93

32,01

61,2

-21,3

Return on Assets, %

7,4

6,9

11,28

-2,62

 

 

Clients & Suppliers

 

 

Clients

OOO "VICHUNAY-UKRAINA" (Ukraine)

SRL "ACOREX-TRADING" (Moldova)

TOO "VICHUNAY KAZAKHSTAN" (Kazakhstan)

SLAVENA-LUX S.R.L. (Moldova)

PLUNGES KOOPERATINE PREKYBA UAB (Lithuania)

SRL "TIMCAT" (Moldova)

SRL "HORECO IMPEX" (Moldova)

TENESI-COM SRL (Moldova)

OOO "YUPITER" (Russian Federation)

OOO "BALTKO" (Russian Federation)

 

 

Suppliers

PLUNGES KOOPERATINE PREKYBA UAB (Lithuania)

ZAO "REKHA" (Lithuania)

CMA-CGM DEUTSCHLAND GMBH (Germany)

ZAO "LIETPAK" (Lithuania)

ZAO "SCA PAKAGING" (Lithuania)

COSCO CONTAINER LINE GERMANY GMBH (Germany)

ZAO "VOLUNTA PAK" (Lithuania)

ICE INTERNATIONAL (Iceland)

A.D.M. BALTIC SIA (Latvia)

KFS VALLAU (Germany)

HAMBURG UND DEUTSCHLAND (Germany)

OOO "YUPITER" (Russian Federation)

OOO "BALTKO" (Russian Federation)

OOO "YUNIVERSAL MEDIA UORLDVAYD" (Russian Federation)

OOO "STROITEL'NYE TEKHNOLOGII" (Russian Federation)

OOO "TRANSSERVIS" (Russian Federation)

OOO "MVS PRODUKT" (Russian Federation)

OOO "IMPERIAL LAYN" (Russian Federation)

ZAO "POLIFON" (Russian Federation)

OOO SP "EDVIK" (Russian Federation)

OOO "SPRINT" (Russian Federation)

OOO "U.K.F.-SAL'DO" (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

25.09.2012

Registration number

A21-8730/2012

Plaintiff

OOO "DIALOG INFORMATSIONNYE TEKHNOLOGII"

Defendant

OOO "VICHYUNAY-RUS'"

Claim sum

354 812 RUR

Claim category

Default of obligations under the contract

 

Date of registration

09.04.2012

Registration number

A21-3623/2012

Plaintiff

OOO "VICHYUNAY-RUS'"

Defendant

OOO "ALGORITM"

Claim sum

1 622 188 RUR

Claim category

Default of obligations under the contract

 

Date of registration

22.02.2011

Registration number

A21-1092/2011

Plaintiff

OOO "VICHYUNAY-RUS'"

Defendant

Kaliningrad customs

Claim sum

-

Claim category

Customs dispute

 

Date of registration

25.12.2009

Registration number

A21-14921/2009

Plaintiff

OOO "VICHYUNAY-RUS'"

Defendant

OAO "NOVOSELOVSKOE"

Claim sum

1 724 197 RUR

Claim category

Default of obligations under the contract

 

Date of registration

04.12.2009

Registration number

A40-58357/09

Plaintiff

OOO "VICHYUNAY-RUS'"

Defendant

OOO "KAYROS-M"

Claim sum

1 139 628 RUR

Claim category

Default of obligations under the contract

 

Date of registration

14.04.2008

Registration number

A21-1723/2008

Plaintiff

OOO "VICHYUNAY-RUS'"

Defendant

OOO TPG "ANFROST"

Claim sum

647 076 RUR

Claim category

Default of obligations under the contract

 

 

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

-

-

5716

Fixed assets

120

603866

625393

725128

Construction in progress

130

15358

8818

-

Income-bearing investments in tangible assets

135

-

-

-

Long-term financial investments

140

214568

214568

216253

Deferred tax assets

145

1205

486

17008

Other non-current assets

150

-

-

-

Total section I

190

834997

849264

981385

II. CURRENT ASSETS

 

 

 

 

Inventories

210

618643

980218

867810

including :

 

 

 

 

 raw materials and other inventories

211

524789

729273

-

 livestock

212

-

-

-

 work in progress

213

3364

7561

-

 finished goods and goods for resale

214

88901

185778

-

 goods dispatched

215

-

55366

-

 expenses related to future periods

216

1589

2241

-

 other supplies and expenditures

217

-

-

-

Value added tax on purchased goods

220

50854

55641

45419

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

972903

896323

1217192

including :

 

 

 

 

 buyers and customers

241

816214

800663

-

Short-term investments

250

6400

37556

57267

Monetary assets

260

14395

66848

17312

Other current assets

270

-

-

-

Total section II

290

1663194

2036586

2205000

TOTAL SECTIONS I and II

300

2498191

2885851

3186385


 


 


 


 


 

EQUITY AND LIABILITIES

 

 

 

 

 

 

 

 

 

III. EQUITY AND RESERVES

 

 

 

 

Share capital

410

193000

193000

193000

Treasury shares

411

-

-

-

Additional capital

420

2

2

2

Legal reserve

430

-

-

-

including :

 

 

 

 

 reserves and provisions formed in
 accordance with legislation

431

-

-

-

 reserves formed in accordance
 with foundation documents

432

-

-

-

Retained earnings (loss)

470

267464

428677

586164

Total section III

490

460466

621679

788266

IV. NON-CURRENT LIABILITIES

 

 

 

 

Borrowings

510

300000

485326

484500

Deferred tax liabilities

515

29497

55361

69433

Other non-current liabilities

520

126780

69895

32287

Total section IV

590

456277

610583

586220

V. CURRENT LIABILITIES

 

 

 

 

Borrowings

610

385341

983291

1052184

Accounts payable

620

1177896

649893

748430

including :

 

 

 

 

 suppliers and contractors

621

794513

449966

-

 salaries payable

622

14021

17649

-

 payable to state non-budget funds

623

4757

5613

-

 taxes payable

624

78030

39689

-

 other creditors

625

286575

136977

-

Dividends payable to participants (shareholders)

630

-

-

-

Income of future periods

640

11609

10541

-

Reserves for future expenses
and payments

650

6602

9864

-

Other current liabilities

660

-

-

-

Total section V

690

1581448

1653589

1811898

TOTAL SECTIONS III,IV,V

700

2498191

2885851

3186385

 

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

4602929

3861417

3550871

Cost of goods, products, work, services sold

020

3844761

3164920

2644968

Gross profit

029

758168

696497

905903

Selling expenses

030

376231

376643

277072

Administrative expenses

040

35953

25791

27388

Profit (loss) from operations

050

345984

294063

601443

OTHER INCOME AND EXPENSES

 

 

 

 

Interest income

060

10470

3668

584

Interest expenses

070

126781

95397

88915

Income from investments in other companies

080

-

-

-

Other operating income

090

424630

234126

291203

Other operating expenses

100

418359

237457

522511

Non-operating income

120

-

-

-

Non-operating expenses

130

-

-

-

Profit (loss) before profit tax

140

235944

199003

281804

Deferred tax assets

141

8565

-720

-29686

Deferred tax liabilities

142

11797

25864

12702

Current profit tax

150

43397

11206

15900

Net profit (loss) for the reporting period

190

189315

161213

223516

 

 

Additional information about related companies

 

 

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

 

 

 

Name

OOO "BALTKO"

Registration Number

1037707029777

Taxpayer code (INN)

7707328335

 

 

 

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

4570986

4024844

 

 

Cost of Goods sold

3522948

3139505

 

 

GROSS PROFIT

1048038

885339

 

 

Distribution Costs

630103

509731

 

 

Management Costs

 

 

 

 

OPERATING PROFIT

417935

375608

 

 

Non Trading Income

-396303

-354774

 

 

PRE TAX PROFIT

21632

20834

 

 

Taxation

13208

20349

 

 

PROFIT AFTER TAX

8424

485

 

 

 

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

55327

56176

 

 

 Intangible Assets

 

 

 

 

 Fixed Assets

7282

8109

 

 

TOTAL CURRENT ASSETS

812142

672906

 

 

 Stock

196944

130285

 

 

 Trade debtors

537869

474073

 

 

 Cash

75529

65528

 

 

TOTAL ASSETS

867470

729082

 

 

 

 

 

 

 

TOTAL EQUITY

18190

9768

 

 

 Share Capital

21800

21800

 

 

 Retained Profits

-3610

-12032

 

 

TOTAL LONG TERM LIABS

 

 

 

 

 Long Term Loans

 

 

 

 

TOTAL CURRENT LIABS

849279

719314

 

 

 Short Term Loans

312884

253524

 

 

 Short Term Trade Creditors

530388

461257

 

 

TOTAL EQUITY & LIABS

867470

729082

 

 

 

 

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.56.64

UK Pound

1

Rs.86.68

Euro

1

Rs.73.97

 

 

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%)

 

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.