|
Report Date : |
11.06.2013 |
IDENTIFICATION DETAILS
|
Name : |
PARKER
HANNIFIN GMBH |
|
|
|
|
Registered Office : |
Am Metallwerk 9 D 33659 Bielefeld |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
30.06.2011 |
|
|
|
|
Date of Incorporation : |
16.08.1962 |
|
|
|
|
Com. Reg. No.: |
HRB
35489 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Manufacture
of pipes, hollow profiles and related fittings, of steel |
|
|
|
|
No. of Employees : |
3,954 |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Good |
|
Payment Behaviour : |
Regular |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
GERMANY - ECONOMIC OVERVIEW
The German economy - the fifth largest economy in the world
in PPP terms and Europe''s largest - is a leading exporter of machinery,
vehicles, chemicals, and household equipment and benefits from a highly skilled
labor force. Like its Western European neighbors, Germany faces significant
demographic challenges to sustained long-term growth. Low fertility rates and
declining net immigration are increasing pressure on the country''s social
welfare system and necessitate structural reforms. Reforms launched by the
government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to
address chronically high unemployment and low average growth, contributed to
strong growth in 2006 and 2007 and falling unemployment. These advances, as
well as a government subsidized, reduced working hour scheme, help explain the
relatively modest increase in unemployment during the 2008-09 recession - the
deepest since World War II - and its decrease to 6.5% in 2012. GDP contracted
5.1% in 2009 but grew by 4.2% in 2010, and 3.0% in 2011, before dipping to 0.7%
in 2012 - a reflection of low investment spending due to crisis-induced
uncertainty and the decreased demand for German exports from recession-stricken
periphery countries. Stimulus and stabilization efforts initiated in 2008 and
2009 and tax cuts introduced in Chancellor Angela MERKEL''s second term
increased Germany''s total budget deficit - including federal, state, and
municipal - to 4.1% in 2010, but slower spending and higher tax revenues
reduced the deficit to 0.8% in 2011. In 2012 Germany reached a budget surplus
of 0.1%. A constitutional amendment approved in 2009 limits the federal
government to structural deficits of no more than 0.35% of GDP per annum as of
2016 though the target was already reached in 2012. By 2014, the federal
government wants to balance its budget. Following the March 2011 Fukushima
nuclear disaster, Chancellor Angela Merkel announced in May 2011 that eight of
the country''s 17 nuclear reactors would be shut down immediately and the
remaining plants would close by 2022. Germany hopes to replace nuclear power
with renewable energy. Before the shutdown of the eight reactors, Germany
relied on nuclear power for 23% of its electricity generating capacity and 46%
of its base-load electricity production.
Source
: CIA
Parker Hannifim GmbH Zweigniederlassung
Offenburg,
Robert-Bosch-Str. 22, D 77656 Offenburg
The
subject of your inquiry is a branch. We are reporting on the headquarters.
Parker Hannifin GmbH
Company Status: active
Am Metallwerk 9
D 33659 Bielefeld
Telephone:0521/4048-0
Telefax: 0521/4048-280
Homepage: www.parker.com
E-mail: parker.germany@parker.com
DE122802922
Business relations are permissible. The
company is considered
solvent for credits within its scope of
business.
LEGAL
FORM Private limited company
Date of foundation: 16.08.1962
Registered on: 14.06.1996
Commercial Register: Local court 33602 Bielefeld
under: HRB
35489
EUR
39,002,000.00
Parker Hannifin Holding
GmbH
Am Metallwerk 9
D 33659 Bielefeld
Legal form: Private
limited company
Share capital: EUR 500,000.00
Share: EUR 39,002,000.00
Registered on: 22.07.1999
Reg. data: 33602
Bielefeld, HRB 36502
Control and profit
transfer agreement
Manager:
Günter Schrank
D 44787 Bochum
born: 01.05.1955
Profession: Businessman
Manager:
Dr. Gerd Scheffel
Danziger Str. 53
D 41352 Korschenbroich
born: 23.04.1949
Profession: graduate
engineer
Manager:
Cornelis Johannes Veraart
D 33659 Bielefeld
authorized to
jointly represent the company
born: 17.10.1959
Profession: Businessman
Nationality: Dutch
Manager:
Ellen Raahede Secher
D 65033 Wiesbaden
born: 05.05.1955
President of the Supervisory Board:
Hansgeorg Greuner
Wanheimer Str. 17
D 40667 Meerbusch
born: 28.06.1939
Vice-president of the Supervisory Board:
Uwe Kohlbeck
Friedrichsdorfer Str. 278
D 33335 Gütersloh
Profession: Electrician
Member of the Supervisory Board:
Helmut Langohr
Ernestinenstr. 43
D 35325 Mücke
born: 04.11.1954
Property regime:
Statutory matrimonial
property regime
Marital status: married
Member of the Supervisory Board:
Klaus Geißler
Hermann-Rombach-Str. 17
D 74321
Bietigheim-Bissingen
born: 08.07.1940
Profession: Businessman
Marital status: married
Member of the Supervisory Board:
Klaus Hütig
Sandgasse 3a
D 76534 Baden-Baden
Profession: Solicitor
Member of the Supervisory Board:
Brigitte Passon
Jungbrunnenweg 68a
D 33609 Bielefeld
Marital status: married
Member of the Supervisory Board:
Mechthild Drepper-Kaske
Kolpingstr. 43
D 51469 Bergisch Gladbach
Profession: Clerk
Member of the Supervisory Board:
Heiko Reese
Hammer Landstr. 5
D 41460 Neuss
Member of the Supervisory Board:
Joachim Guhe
D 76467 Bietigheim
authorized to jointly
represent the company
born: 05.12.1964
Member of the Supervisory Board:
Manfred Kehr
CH Etoy
Nationality: Swiss
Member of the Supervisory Board:
Frank Heßler
D 68159 Mannheim
Member of the Supervisory Board:
Martijn Rouwenhorst
CH Etoy
Nationality: Swiss
Proxy:
Helmut Langohr
Ernestinenstr. 43
D 35325 Mücke
authorized to jointly
represent the company
born: 04.11.1954
Property regime:
Statutory matrimonial
property regime
Marital status: married
Proxy:
Bernd Schnabel
D 85622 Feldkirchen
authorized to jointly
represent the company
born: 03.06.1951
Proxy:
Berthold Waldenmaier
D 73525 Schwäbisch Gmünd
authorized to jointly
represent the company
born: 06.03.1958
Proxy:
Michael Becher
D 40724 Hilden
authorized to jointly
represent the company
born: 10.04.1965
Profession: Businessman
Marital status: unknown
Proxy:
Thomas Schmidt
Forststr. 290
D 45966 Gladbeck
authorized to jointly
represent the company
born: 25.05.1960
Marital status: married
Proxy:
Josef Beiser
D 55278 Friesenheim
authorized to jointly
represent the company
born: 22.10.1961
Proxy:
Josef Pramberger
D 77955 Ettenheim
authorized to jointly
represent the company
born: 29.08.1949
Proxy:
Hans-Günter Fleischer
D 40210 Düsseldorf
authorized to jointly
represent the company
born: 29.06.1959
Proxy:
Jörg Sturm
D 42781 Haan
authorized to jointly
represent the company
born: 13.12.1967
Proxy:
Jochen Nigge
D 74372 Sersheim
authorized to jointly
represent the company
born: 16.07.1968
Proxy:
Alberto Andena
D 77723 Gengenbach
authorized to jointly
represent the company
born: 27.09.1965
Nationality: Italian
Proxy:
Manfred Lange
D 35415 Pohlheim
authorized to jointly
represent the company
born: 26.07.1959
Proxy:
Anton Moerkerken
NL Steenbergen
authorized to jointly
represent the company
born: 24.10.1966
Nationality: Dutch
Proxy:
Michael Handke
D 33330 Gütersloh
authorized to jointly
represent the company
born: 22.09.1966
FURTHER FUNCTIONS/PARTICIPATIONS OF GÜNTER
SCHRANK (MANAGER)
Manager:
WARNER LEWIS GmbH
Fasanenweg 5
D 65451 Kelsterbach
Legal form: Private
limited company
Share capital: EUR
530,000.00
Registered
on: 05.08.1980
Reg. data: 64283 Darmstadt, HRB 82419
Manager:
OLAER INDUSTRIES GmbH
Zum Gunterstal 4
D 66440 Blieskastel
Legal form: Private
limited company
Share capital: EUR 894,760.79
Registered
on: 27.09.1994
Reg. data:
66121 Saarbrücken, HRB 3372
Manager:
Parker Hannifin Holding
GmbH
Am Metallwerk 9
D 33659 Bielefeld
Legal form: Private
limited company
Share capital: EUR 500,000.00
Registered
on: 22.07.1999
Reg. data: 33602 Bielefeld, HRB 36502
Manager:
Twin Filter Verwaltungs
GmbH
Fasanenweg 5
D 65451 Kelsterbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 17.07.2012
Reg. data: 64283 Darmstadt, HRB 91266
FURTHER FUNCTIONS/PARTICIPATIONS OF DR. GERD
SCHEFFEL (MANAGER)
Manager:
Parker Hannifin
Verwaltungs-GmbH
Am Metallwerk 9
D 33659 Bielefeld
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 02.02.2005
Reg. data:
33602 Bielefeld, HRB 38315
Manager:
Parker Hannifin Holding
GmbH
Am Metallwerk 9
D 33659 Bielefeld
Legal form: Private
limited company
Share capital: EUR 500,000.00
Registered
on: 22.07.1999
Reg. data: 33602 Bielefeld, HRB 36502
Manager:
Parker Hannifin Real
Estate Holding GmbH
Am Metallwerk 9
D 33659 Bielefeld
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 30.06.2010
Reg. data: 33602 Bielefeld, HRB 40015
FURTHER FUNCTIONS/PARTICIPATIONS OF CORNELIS
JOHANNES VERAART (MANAGER)
Manager:
Parker Hannifin
Verwaltungs-GmbH
Am Metallwerk 9
D 33659 Bielefeld
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 02.02.2005
Reg. data: 33602 Bielefeld, HRB 38315
Manager:
Parker Hannifin Real
Estate Holding GmbH
Am Metallwerk 9
D 33659 Bielefeld
Legal form: Private limited
company
Share capital: EUR 25,000.00
Registered
on: 30.06.2010
Reg. data: 33602 Bielefeld, HRB 40015
Proxy:
Parker Hannifin GmbH
Fluid Verbindungsteile
Freiherr-vom-Stein-Str. 2
D 35325 Mücke
Legal form: Private
limited company
Registered
on: 09.07.2009
Reg. data: 33602 Bielefeld, HRB 35489
FURTHER FUNCTIONS/PARTICIPATIONS OF ELLEN
RAAHEDE SECHER (MANAGER)
Manager:
Parker Hannifin Holding
GmbH
Am Metallwerk 9
D 33659 Bielefeld
Legal form: Private
limited company
Share capital: EUR 500,000.00
Registered
on: 22.07.1999
Reg. data: 33602 Bielefeld, HRB 36502
16.08.1962 - 16.11.1993 Parker Hannifin GmbH
Geestemünder Str. 42
D 50735 Köln
Private limited
company
16.11.1993 - 14.06.1996 Parker Hannifin GmbH
Delmenhorster Str. 10
D 50735 Köln
Private limited
company
14.06.1996 - 14.01.2005 Parker Hannifin GmbH
Am Metallwerk 9
D 33659 Bielefeld
Private limited
company
15.01.2005 - 30.06.2009 Parker Hannifin Management GmbH
Am Metallwerk 9
D 33659 Bielefeld
Private limited
company
01.07.2009 - 17.10.2012 Parker Hannifin GmbH
Von-Humboldt-Str. 10
D 64646 Heppenheim
Private limited
company
20.03.2008
- 14.11.2012 Manager
Christian Stein
D 33428 Marienfeld
Main industrial sector
24203
Manufacture of pipes, hollow profiles and related
fittings, of steel
Secondary industrial sector
25993
Manufacture of metal products n.e.c.
2790
Manufacture of other electric equipment n.e.c.
2812
Manufacture of hydraulic and pneumatic components and systems
Branch:
Parker Hannifin GmbH
Römerweg 13
D 78727 Oberndorf
TEL.: 07423/8110
FAX.: 07423/811162
Branch:
Parker Hannifin GmbH
An der Tuchbleiche 4
D 68623 Lampertheim
TEL.: 06256/810
FAX.: 06256/81100
Branch:
Parker Hannifin GmbH
Stuifenstr. 55
D 74385 Pleidelsheim
TEL.: 07144/2060
Branch:
Parker Hannifin GmbH
Robert-Bosch-Str. 22
D 77656 Offenburg
TEL.: 0781/509-0
FAX.: 0781/509-176
Reg. entry: 09.07.2009
Branch:
Parker Hannifin GmbH
Lorenz-Schott-Str. 9
D 55252 Mainz-Kastel
TEL.: 06134/204-0
FAX.: 06134/204-143
Reg. entry: 09.07.2009
Branch:
Parker Hannifin GmbH
Dresdener Str. 115
D 09326 Geringswalde
TEL.: 037382/82100
FAX.: 037382/82210
Branch:
Parker Hannifin GmbH
Pat-Parker-Platz 1
D 41564 Kaarst
TEL.: 02131/513-0
FAX.: 02131/513230
Reg. entry: 09.07.2009
Branch:
Parker Hannifin GmbH
Bahndamm 35
D 33758 Schloß
Holte-Stukenbrock
TEL.: 05207/9150-0
Branch:
Parker Hannifin GmbH
Otto-Schmerbach-Str. 19
D 09117 Chemnitz
TEL.: 0371/81410
FAX.: 0371/814150
Branch:
Parker Hannifin GmbH
Im Teelbruch 118
D 45219 Essen
TEL.: 02054/9340
FAX.: 02054/934164
General partner:
Parker Hannifin
Manufacturing Germany GmbH &
Co. KG
Am Metallwerk 9
D 33659 Bielefeld
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 1,000.00
contribution:
Reg. data: 24.05.2011
Local court
33602 Bielefeld
HRA 15699
Limited partner:
Parker Hannifin
Gebaeudeverwaltung zwei GmbH
& Co. KG
Am Metallwerk 9
D 33659 Bielefeld
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Company Status: active
Total cap. EUR 900.00
contribution:
Share: EUR 900.00
Reg. data: 04.08.2010
Local court
33602 Bielefeld
HRA 15594
Payment experience: takes advantage of cash discount
Negative
information:We have no negative information at hand.
Balance sheet year: 2010/2011
Type of ownership: proprietor
Share: 100.00 %
Address Am Metallwerk 9
D 33659 Bielefeld
Land
register documents were not available.
COMMERZBANK, BIELEFELD
Sort. code: 48040035, Account no.: 766024400,
BIC: COBADEFF480
Turnover: 2010/2011 EUR 1,069,695,008.00
2011/2012 EUR 544,773,000.00
Profit: 2010/2011 EUR -63,989,634.00
further business figures:
Equipment: EUR 13,102,860.00
Ac/ts receivable: EUR 210,756,855.00
Liabilities: EUR 97,242,884.00
Employees:
3,954
-
thereof permanent staff: 3,954
Control and profit transfer agreement to:
Parker Hannifin Holding
GmbH
Am Metallwerk 9
D 33659 Bielefeld
Balance sheet ratios 01.07.2010 - 30.06.2011
Equity ratio [%]: 43.15
Liquidity ratio: 1.10
Return on total capital [%]: 10.08
Balance sheet ratios 01.07.2009 - 30.06.2010
Equity ratio [%]: 59.66
Liquidity ratio: 0.92
Return on total capital [%]: -5.98
Balance sheet ratios 01.07.2008 - 30.06.2009
Equity ratio [%]: 93.86
Liquidity ratio: 1.42
Return on total capital [%]: 7.75
Balance sheet ratios 01.07.2007 - 30.06.2008
Equity ratio [%]: 93.63
Liquidity ratio: 2.99
Return on total capital [%]: 18.47
Equity ratio
The
equity ratio indicates the portion of the equity as compared
to
the total capital. The higher the equity ratio, the better the
economic stability (solvency) and thus the financial
autonomy of
a
company.
Liquidity ratio
The
liquidity ratio shows the proportion between adjusted
receivables and net liabilities. The higher
the ratio, the lower
the
company's financial dependancy from external creditors.
Return on total capital
The
return on total capital shows the efficiency and return on
the
total capital employed in the company. The higher the return
on
total capital, the more economically does the company work
with the invested capital.
Type
of balance
sheet: Company balance sheet
Financial year: 01.07.2010 - 30.06.2011
ASSETS EUR 451,865,141.12
Fixed assets
EUR 129,017,247.93
Intangible assets
EUR 23,935,124.23
Concessions, licences, rights
EUR 8,250,314.50
Goodwill
EUR 15,684,809.73
Tangible assets
EUR 53,368,405.37
Plant / machinery EUR 38,776,603.75
Other tangible assets / fixtures and
fittings
EUR 13,102,859.93
Advance payments made / construction
in progress
EUR 1,488,941.69
Financial assets
EUR 51,713,718.33
Shares in participations /
subsidiaries and the like
EUR 51,713,718.33
Shares in related companies
EUR 51,713,718.33
Current assets EUR 318,762,063.96
Stocks
EUR 106,843,993.36
Raw materials, consumables and
supplies
EUR 19,947,032.44
Finished goods / work in progress
EUR 86,896,960.92
Accounts receivable
EUR 210,756,855.14
Trade debtors
EUR 79,207,712.04
Amounts due from related companies
EUR 128,125,074.65
Other debtors and assets EUR 3,424,068.45
Liquid means
EUR 1,161,215.46
Remaining other assets
EUR 4,085,829.23
Accruals (assets)
EUR 4,085,829.23
LIABILITIES EUR 451,865,141.12
Shareholders' equity
EUR 263,842,114.19
Capital
EUR 39,002,000.00
Subscribed capital (share capital)
EUR 39,002,000.00
Reserves
EUR 182,007,959.90
Capital reserves
EUR 181,109,390.90
Retained earnings / revenue reserves EUR 898,569.00
Balance sheet profit/loss (+/-)
EUR 42,832,154.29
Profit / loss brought forward
EUR 42,832,154.29
Provisions
EUR 90,780,143.16
Pension provisions and comparable
provisions
EUR 35,218,035.95
Other / unspecified provisions
EUR 55,562,107.21
Liabilities
EUR 97,242,883.77
Other liabilities
EUR 97,242,883.77
Trade creditors (for IAS incl. bills
of exchange) EUR 48,021,497.79
Liabilities from received advance
payments
EUR 166,230.00
Liabililties due to related companiesEUR 41,474,404.77
Unspecified other liabilities
EUR 7,580,751.21
thereof liabilities from tax /
financial authorities
EUR 4,526,574.81
thereof liabilities from social
security
EUR 835,221.27
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 1,069,695,008.49
Inventory change + own costs (+/-)
EUR -3,430,254.17
Inventory change (+/-)
EUR -3,439,024.02
Capitalised own costs EUR 8,769.85
Other operating income
EUR 14,156,927.65
Cost of materials
EUR 624,088,096.80
Raw materials and supplies, purchased
goods EUR 602,183,830.45
Purchased services
EUR 21,904,266.35
Gross result (+/-)
EUR 456,333,585.17
Staff expenses
EUR 259,879,631.27
Wages
and salaries EUR 211,034,337.00
Social security contributions and
expenses for pension plans and
benefits
EUR 48,845,294.27
Total depreciation
EUR 19,191,840.77
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 19,191,840.77
Other operating expenses
EUR 129,154,012.16
Operating result from continuing
operations
EUR 48,108,100.97
Interest result (+/-)
EUR -4,103,686.79
Interest and similar income
EUR 28,609.80
thereof from related companies
EUR 18,940.12
Interest and similar expenses
EUR 4,132,296.59
thereof paid to related companies
EUR 1,505,870.80
Financial result (+/-)
EUR -4,103,686.79
Result from ordinary operations (+/-)
EUR 44,004,414.18
Extraordinary income
EUR 7,244,968.99
Extraordinary expenses
EUR 104,568,602.21
Extraordinary result (+/-)
EUR -97,323,633.22
Income
from assumption of loss by
parent company
EUR 63,989,633.99
Income tax / refund of income tax (+/-)EUR -10,049,014.69
Other taxes / refund of taxes
EUR -621,400.26
Tax
(+/-) EUR -10,670,414.95
Annual surplus / annual deficit
EUR 0.00
Type
of balance
sheet: Company balance sheet
Financial year: 01.07.2009 - 30.06.2010
ASSETS EUR 574,305,452.73
Fixed assets
EUR 335,244,886.50
Intangible assets
EUR 26,463,449.41
Concessions, licences, rights
EUR 8,950,940.66
Goodwill EUR 17,512,508.75
Tangible assets
EUR 99,418,477.10
Land / similar rights
EUR 45,814,164.61
Plant / machinery
EUR 41,058,607.73
Other tangible assets / fixtures and
fittings
EUR 11,038,085.83
Advance payments made / construction
in progress
EUR 1,507,618.93
Financial assets
EUR 209,362,959.99
Shares in participations /
subsidiaries and the like
EUR 209,362,959.99
Shares in related companies
EUR 209,362,959.99
Current assets
EUR 235,318,275.51
Stocks EUR 86,201,974.82
Raw materials, consumables and
supplies
EUR 13,336,574.01
Finished goods / work in progress
EUR 72,634,400.81
Advance payments made
EUR 231,000.00
Accounts receivable
EUR 148,948,885.92
Trade debtors
EUR 59,217,411.67
Amounts due from related companies
EUR 86,610,979.04
Other debtors and assets
EUR 3,120,495.21
Liquid means
EUR 167,414.77
Remaining other assets
EUR 3,742,290.72
Accruals (assets)
EUR 3,742,290.72
LIABILITIES EUR 574,305,452.73
Shareholders' equity
EUR 262,943,545.18
Capital
EUR 39,002,000.00
Subscribed capital (share capital)
EUR 39,002,000.00
Reserves
EUR 181,109,390.90
Capital reserves
EUR 181,109,390.90
Balance sheet profit/loss (+/-)
EUR 42,832,154.28
Profit / loss brought forward
EUR 42,832,154.28
Provisions
EUR 70,369,983.99
Pension provisions and comparable
provisions
EUR 27,202,655.00
Other / unspecified provisions
EUR 43,167,328.99
Liabilities
EUR 240,991,923.56
Financial debts
EUR 144,995.14
Liabilities due to banks
EUR 144,995.14
Other liabilities
EUR 240,846,928.42
Trade creditors (for IAS incl. bills
of exchange)
EUR 32,691,949.24
Liabilities from received advance
payments
EUR 107,166.44
Liabililties due to related companiesEUR 200,369,179.89
Unspecified other liabilities
EUR 7,678,632.85
thereof liabilities from tax /
financial authorities
EUR 5,145,298.02
thereof liabilities from social
security EUR 1,044,256.60
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 703,299,411.09
Inventory change + own costs (+/-)
EUR 6,637,839.66
Inventory change (+/-)
EUR 6,600,360.31
Capitalised own costs
EUR 37,479.35
Other operating income
EUR 9,885,406.70
Cost of materials EUR
409,994,809.48
Raw materials and supplies, purchased
goods
EUR 396,064,211.83
Purchased services
EUR 13,930,597.65
Gross result (+/-)
EUR 309,827,847.97
Staff expenses
EUR 206,118,816.46
Wages and salaries
EUR 162,284,995.58
Social security contributions and
expenses for pension plans and
benefits EUR 43,833,820.88
Total depreciation
EUR 19,487,539.29
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 19,487,539.29
Other operating expenses
EUR 78,161,877.32
Operating result from continuing
operations
EUR 6,059,614.90
Result from participating interests
(+/-)
EUR 1,495,826.17
Expenses / income from participations EUR 6,839,428.40
Income from transfer of profits
EUR 6,839,428.40
Expenses for participations
EUR 5,343,602.23
Expenses for other participations
EUR 5,343,602.23
Interest result (+/-)
EUR -3,788,548.48
Interest and similar income
EUR 243,157.21
thereof from related companies
EUR 227,103.23
Interest and similar expenses EUR 4,031,705.69
thereof paid to related companies
EUR 4,005,888.43
Other financial result
EUR -35,990,599.56
Depreciation on financial assets and
marketable securities
EUR 35,990,599.56
Financial result (+/-)
EUR -38,283,321.87
Result from ordinary operations (+/-)
EUR -32,223,706.97
Extraordinary expenses
EUR 11,254,336.50
Extraordinary result (+/-)
EUR -11,254,336.50
Income from assumption of loss by
parent company
EUR 43,956,355.95
Income tax / refund of income tax (+/-)EUR 11,828.78
Other taxes / refund of taxes
EUR -490,141.26
Tax
(+/-)
EUR -478,312.48
Annual surplus / annual deficit
EUR 0.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.57.78 |
|
|
1 |
Rs.89.71 |
|
Euro |
1 |
Rs.76.23 |
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.