|
Report Date : |
12.06.2013 |
IDENTIFICATION DETAILS
|
Name : |
DE BEERS AUCTION SALES BELGIUM |
|
|
|
|
Registered Office : |
Schupstraat 21 Antwerpen, 2018 |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Year of Incorporation : |
1964 |
|
|
|
|
Com. Reg. No.: |
404946690 |
|
|
|
|
Legal Form : |
Private Subsidiary |
|
|
|
|
Line of Business : |
Wholesale trade in rough diamonds |
|
|
|
|
No. of Employees : |
12 |
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) |
|
Belgium |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
BELGIUM - ECONOMIC OVERVIEW
This modern, open, and private-enterprise-based economy has
capitalized on its central geographic location, highly developed transport
network, and diversified industrial and commercial base. Industry is concentrated
mainly in the more heavily-populated region of Flanders in the north. With few
natural resources, Belgium imports substantial quantities of raw materials and
exports a large volume of manufactures, making its economy vulnerable to
volatility in world markets. Roughly three-quarters of Belgium''s trade is with
other EU countries, and Belgium has benefited most from its proximity to
Germany. In 2011 Belgian GDP grew by 1.8%, the unemployment rate decreased
slightly to 7.2% from 8.3% the previous year, and the government reduced the
budget deficit from a peak of 6% of GDP in 2009 to 4.2% in 2011 and 3.3% in
2012. Fourth quarter GDP growth in 2012 was at -0.1%, the third consecutive
quarter of negative growth. This brought economic growth for the whole of 2012
to negative 0.2%. It also left Belgium on the brink of a possible recession at
the end of 2012. However, at year''s end, the government appeared close to
meeting its 2012 budget deficit goal of 3% of GDP. Despite the relative
improvement in Belgium''s budget deficit, public debt hovers around 100% of
GDP, a factor that has contributed to investor perceptions that the country is
increasingly vulnerable to spillover from the euro-zone crisis. Belgian banks
were severely affected by the international financial crisis in 2008 with three
major banks receiving capital injections from the government, and the
nationalization of the Belgian retail arm of a Franco-Belgian bank.
Source
: CIA
De Beers Auction
Sales Belgium
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||
Business
Description
|
Wholesale trade in rough diamonds |
Industry
|
Industry |
|
|
ANZSIC 2006: |
|
|
NACE 2002: |
|
|
NAICS 2002: |
423940 - Jewelry, Watch, Precious Stone, and
Precious Metal Merchant Wholesalers |
|
UK SIC 2003: |
|
|
UK SIC 2007: |
|
|
US SIC 1987: |
5094 - Jewelry, Watches, Precious Stones, and
Precious Metals |
Key Executives
|
1 - Profit &
Loss Item Exchange Rate: USD 1 = EUR 0.7191895
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.770327
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
De Beers Auction
Sales Belgium |
|
|
|
Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
London |
United Kingdom |
Metal Mining |
28,761.0 |
106,000 |
|
|
Subsidiary |
Johannesburg |
South Africa |
Metal Mining |
5,218.6 |
50,873 |
|
|
Subsidiary |
Johannesburg, Gauteng |
South Africa |
Miscellaneous Financial Services |
6,333.2 |
|
|
|
Subsidiary |
Providencia, Santiago |
Chile |
Metal Mining |
1,136.0 |
10,172 |
|
|
Subsidiary |
Centurion |
South Africa |
Metal Mining |
5,536.3 |
7,580 |
|
|
Subsidiary |
Centurion, Gauteng |
South Africa |
Metal Mining |
|
|
|
|
Subsidiary |
Marshalltown |
South Africa |
Iron and Steel |
|
7,000 |
|
|
Joint Venture |
Vanderbijlpark |
South Africa |
Miscellaneous Fabricated Products |
59.4 |
500 |
|
|
Subsidiary |
Germiston, Gauteng |
South Africa |
Construction - Supplies and Fixtures |
|
4,500 |
|
|
Subsidiary |
Edmonton, AB |
Canada |
Construction - Supplies and Fixtures |
340.5 |
375 |
|
|
Subsidiary |
SĂŁo Paulo, SP |
Brazil |
Metal Mining |
348.7 |
2,500 |
|
|
Subsidiary |
SĂŁo Paulo, SP |
Brazil |
Metal Mining |
|
|
|
|
Subsidiary |
Phalaborwa |
South Africa |
Metal Mining |
1,061.8 |
2,321 |
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Capital Goods |
|
9 |
|
|
Subsidiary |
Guildford |
United Kingdom |
Personal and Household Products |
39.4 |
5 |
|
|
Subsidiary |
Kennesaw, GA |
United States |
Miscellaneous Capital Goods |
|
5 |
|
|
Subsidiary |
SĂŁo Paulo, SP |
Brazil |
Chemical Manufacturing |
545.6 |
1,200 |
|
|
Subsidiary |
|
|
|
|
453 |
|
|
Subsidiary |
Thurles, Tipperary |
Ireland |
Miscellaneous Financial Services |
|
350 |
|
|
Subsidiary |
Thurles, Co Tipperary |
Ireland |
Metal Mining |
32.6 |
370 |
|
|
Subsidiary |
Santiago, Providencia |
Chile |
Metal Mining |
|
330 |
|
|
Subsidiary |
Providencia, Santiago |
Chile |
Metal Mining |
2,320.0 |
2,302 |
|
|
Joint Venture |
Santiago |
Chile |
Metal Mining |
|
978 |
|
|
Subsidiary |
Santiago |
Chile |
Metal Mining |
|
550 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
94.5 |
298 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
300 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
500 |
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Business Services |
|
175 |
|
|
Subsidiary |
West Midlands |
United Kingdom |
Construction - Raw Materials |
1,733.1 |
4,074 |
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Construction - Raw Materials |
273.1 |
814 |
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Construction - Raw Materials |
4.2 |
6 |
|
|
Unit |
Wolverhampton |
United Kingdom |
Construction - Supplies and Fixtures |
|
600 |
|
|
Unit |
Retford |
United Kingdom |
Construction - Supplies and Fixtures |
|
150 |
|
|
Subsidiary |
Coalville |
United Kingdom |
Non-Metallic Mining |
119.4 |
135 |
|
|
UK Branch/Trading address |
Coalville |
United Kingdom |
Non-Metallic Mining |
119.4 |
150 |
|
|
UK Branch/Trading address |
Melrose |
United Kingdom |
Non-Metallic Mining |
1,733.1 |
126 |
|
|
Subsidiary |
Market Rasen |
United Kingdom |
Construction Services |
25.1 |
110 |
|
|
Subsidiary |
Hinckley |
United Kingdom |
Construction Services |
|
|
|
|
Unit |
Kington |
United Kingdom |
Construction - Supplies and Fixtures |
|
100 |
|
|
Subsidiary |
OĂźling, Sachsen |
Germany |
Construction - Supplies and Fixtures |
32.9 |
75 |
|
|
Subsidiary |
Stamford |
United Kingdom |
Nonclassifiable Industries |
|
50 |
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Construction - Supplies and Fixtures |
57.1 |
49 |
|
|
UK Branch/Trading address |
Scunthorpe |
United Kingdom |
Construction - Supplies and Fixtures |
57.1 |
75 |
|
|
UK Branch/Trading address |
Keighley |
United Kingdom |
Construction Services |
1,733.1 |
45 |
|
|
Subsidiary |
Derby |
United Kingdom |
Construction Services |
10.3 |
41 |
|
|
Subsidiary |
Ruthin |
United Kingdom |
Construction Services |
15.9 |
37 |
|
|
Subsidiary |
Rugby |
United Kingdom |
Nonclassifiable Industries |
|
35 |
|
|
UK Branch/Trading address |
Preston |
United Kingdom |
Schools |
|
22 |
|
|
Subsidiary |
Inverness |
United Kingdom |
Construction - Raw Materials |
17.4 |
27 |
|
|
UK Branch/Trading address |
Elgin |
United Kingdom |
Non-Metallic Mining |
17.4 |
4 |
|
|
UK Branch/Trading address |
Nairn |
United Kingdom |
Construction - Raw Materials |
17.4 |
2 |
|
|
UK Branch/Trading address |
Aviemore |
United Kingdom |
Construction - Raw Materials |
17.4 |
1 |
|
|
UK Branch/Trading address |
Stoke-On-Trent |
United Kingdom |
Non-Metallic Mining |
1,733.1 |
26 |
|
|
UK Branch/Trading address |
Bedale |
United Kingdom |
Construction - Raw Materials |
1,733.1 |
24 |
|
|
UK Branch/Trading address |
Carmarthen |
United Kingdom |
Non-Metallic Mining |
1,733.1 |
20 |
|
|
UK Branch/Trading address |
Inverkeithing |
United Kingdom |
Construction - Raw Materials |
1,733.1 |
20 |
|
|
Subsidiary |
Dewsbury |
United Kingdom |
Miscellaneous Capital Goods |
|
20 |
|
|
Unit |
Wolverhampton |
United Kingdom |
Construction - Supplies and Fixtures |
|
20 |
|
|
UK Branch/Trading address |
Alfreton |
United Kingdom |
Construction Services |
1,733.1 |
18 |
|
|
UK Branch/Trading address |
Hope Valley |
United Kingdom |
Construction - Raw Materials |
1,733.1 |
15 |
|
|
UK Branch/Trading address |
Denny |
United Kingdom |
Non-Metallic Mining |
1,733.1 |
12 |
|
|
UK Branch/Trading address |
Snodland |
United Kingdom |
Construction Services |
1,733.1 |
10 |
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Business Services |
11.2 |
9 |
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
8 |
|
|
UK Branch/Trading address |
Clitheroe |
United Kingdom |
Non-Metallic Mining |
1,733.1 |
7 |
|
|
UK Branch/Trading address |
Ipswich |
United Kingdom |
Construction - Raw Materials |
1,733.1 |
7 |
|
|
UK Branch/Trading address |
Havant |
United Kingdom |
Construction - Raw Materials |
1,733.1 |
6 |
|
|
UK Branch/Trading address |
Bury St Edmunds |
United Kingdom |
Construction - Raw Materials |
1,733.1 |
5 |
|
|
Subsidiary |
Alfreton |
United Kingdom |
Nonclassifiable Industries |
|
5 |
|
|
UK Branch/Trading address |
Hull |
United Kingdom |
Construction - Raw Materials |
|
6 |
|
|
UK Branch/Trading address |
Cardiff |
United Kingdom |
Construction - Raw Materials |
|
5 |
|
|
UK Branch/Trading address |
Alfreton |
United Kingdom |
Construction - Raw Materials |
|
2 |
|
|
UK Branch/Trading address |
Newark |
United Kingdom |
Non-Metallic Mining |
1,733.1 |
4 |
|
|
UK Branch/Trading address |
Walsall |
United Kingdom |
Waste Management Services |
1,733.1 |
4 |
|
|
Subsidiary |
Kilmarnock |
United Kingdom |
Nonclassifiable Industries |
|
3 |
|
|
Subsidiary |
Alfreton |
United Kingdom |
Nonclassifiable Industries |
|
3 |
|
|
UK Branch/Trading address |
Alfreton |
United Kingdom |
Nonclassifiable Industries |
|
70 |
|
|
UK Branch/Trading address |
Rotherham |
United Kingdom |
Construction - Raw Materials |
|
14 |
|
|
UK Branch/Trading address |
Bolton |
United Kingdom |
Construction - Raw Materials |
|
12 |
|
|
UK Branch/Trading address |
Basildon |
United Kingdom |
Construction Services |
1,733.1 |
2 |
|
|
Unit |
Chester Le Street |
United Kingdom |
Construction - Supplies and Fixtures |
|
2 |
|
|
UK Branch/Trading address |
Banbury |
United Kingdom |
Construction - Raw Materials |
1,733.1 |
1 |
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
1 |
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Construction - Raw Materials |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Construction - Raw Materials |
58.1 |
63 |
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Construction Services |
|
|
|
|
Subsidiary |
Bellshill |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Bellshill |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Bellshill |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Bellshill |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Coal |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Swansea |
United Kingdom |
Miscellaneous Capital Goods |
|
25 |
|
|
Subsidiary |
Havant |
United Kingdom |
Non-Metallic Mining |
|
5 |
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Non-Metallic Mining |
|
|
|
|
Subsidiary |
Chichester |
United Kingdom |
Personal Services |
46.9 |
11 |
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Water Transportation |
12.7 |
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Water Transportation |
11.7 |
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Water Transportation |
5.3 |
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Water Transportation |
4.8 |
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Personal Services |
0.0 |
|
|
|
Subsidiary |
Northwich |
United Kingdom |
Construction - Raw Materials |
|
|
|
|
Subsidiary |
Wirral |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Bellshill |
United Kingdom |
Construction - Raw Materials |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Construction - Supplies and Fixtures |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Construction Services |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Construction - Raw Materials |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Personal Services |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Construction Services |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Construction - Raw Materials |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Trucking |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Personal Services |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Belfast |
United Kingdom |
Construction - Raw Materials |
|
|
|
|
Subsidiary |
Belfast |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Waste Management Services |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Waste Management Services |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Clitheroe |
United Kingdom |
Construction - Raw Materials |
|
25 |
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Waste Management Services |
|
|
|
|
Subsidiary |
Bellshill |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Laurencekirk |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Waste Management Services |
|
|
|
|
Subsidiary |
Bellshill |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Liverpool |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wroclaw |
Poland |
Construction - Raw Materials |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Construction Services |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Construction - Raw Materials |
|
|
|
|
Subsidiary |
Bellshill |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Construction Services |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Bellshill |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Investment Services |
|
|
|
|
Subsidiary |
Feytiat |
France |
Non-Metallic Mining |
28.6 |
149 |
|
|
Subsidiary |
Harnes |
France |
Commercial Banks |
|
34 |
|
|
Subsidiary |
Harnes |
France |
Construction - Raw Materials |
87.9 |
374 |
|
|
Subsidiary |
Sailly Labourse |
France |
Construction - Raw Materials |
1.3 |
34 |
|
|
Subsidiary |
St Priest |
France |
Construction - Raw Materials |
2.4 |
14 |
|
|
Subsidiary |
Belleville Sur Vie |
France |
Commercial Banks |
|
14 |
|
|
Subsidiary |
Belleville Sur Vie |
France |
Construction - Raw Materials |
8.7 |
74 |
|
|
Subsidiary |
St Andre |
France |
Construction - Raw Materials |
9.2 |
|
|
|
Joint Venture |
Wolverhampton |
United Kingdom |
Waste Management Services |
1.6 |
|
|
|
Subsidiary |
Buxton |
United Kingdom |
Construction - Raw Materials |
|
|
|
|
UK Branch/Trading address |
Buxton |
United Kingdom |
Construction - Supplies and Fixtures |
|
375 |
|
|
Joint Venture |
Wolverhampton |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Affiliates |
Wolverhampton |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Affiliates |
Wolverhampton |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
11.7 |
21 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
19 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
1 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
290.0 |
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
4.8 |
|
|
|
Subsidiary |
London |
United Kingdom |
Non-Metallic Mining |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Investment Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Investment Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Investment Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
2,010.7 |
18 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Morcourt |
France |
Containers and Packaging |
62.9 |
154 |
|
|
Subsidiary |
Libercourt |
France |
Containers and Packaging |
27.7 |
74 |
|
|
Subsidiary |
Tejerias |
Venezuela |
Metal Mining |
|
150 |
|
|
Subsidiary |
Bundoora, VIC |
Australia |
Miscellaneous Fabricated Products |
8.3 |
70 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
17.1 |
33 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
5,839.2 |
11 |
|
|
Subsidiary |
Luxembourg |
Luxembourg |
Miscellaneous Financial Services |
|
11 |
|
|
Subsidiary |
Luxembourg |
Luxembourg |
Non-Metallic Mining |
|
16,000 |
|
|
Subsidiary |
Windhoek |
Namibia |
Non-Metallic Mining |
686.7 |
1,600 |
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Capital Goods |
6,371.2 |
324 |
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
750 |
|
|
UK Branch/Trading address |
Maidenhead |
United Kingdom |
Biotechnology and Drugs |
6,371.2 |
60 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
110.5 |
33 |
|
|
Subsidiary |
Ascot |
United Kingdom |
Miscellaneous Fabricated Products |
44.5 |
103 |
|
|
Subsidiary |
Antwerpen |
Belgium |
Jewelry and Silverware |
414.1 |
12 |
|
|
De Beers Group Services (Pty) Ltd |
Subsidiary |
|
|
|
|
|
|
Subsidiary |
Windhoek |
Namibia |
Non-Metallic Mining |
|
500 |
|
|
Subsidiary |
Kimberley |
South Africa |
Non-Metallic Mining |
5,877.0 |
13,477 |
|
|
Subsidiary |
Gaborone |
Botswana |
Non-Metallic Mining |
|
6,300 |
|
|
Subsidiary |
Robertsfors |
Sweden |
Construction - Supplies and Fixtures |
22.4 |
138 |
|
|
Subsidiary |
Luxembourg |
Luxembourg |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
New York, NY |
United States |
Miscellaneous Fabricated Products |
|
8 |
|
|
Subsidiary |
Central District, Hong Kong |
Hong Kong |
Chemical Manufacturing |
|
6 |
|
|
Subsidiary |
Cuijk, Noord-Brabant |
Netherlands |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
Detroit Lakes, MN |
United States |
Oil and Gas Operations |
16.4 |
6 |
|
|
Subsidiary |
Mold |
United Kingdom |
Nonclassifiable Industries |
|
6 |
|
|
Subsidiary |
Quebec, QC |
Canada |
Construction Services |
1.3 |
5 |
|
|
Subsidiary |
Montreal, QC |
Canada |
Construction Services |
1.3 |
5 |
|
|
Subsidiary |
Salluit, QC |
Canada |
Construction Services |
1.3 |
5 |
|
|
Subsidiary |
Johannesburg, Gauteng |
South Africa |
Miscellaneous Financial Services |
3,820.2 |
|
|
|
Subsidiary |
Johannesburg, Gauteng |
South Africa |
Miscellaneous Financial Services |
3,820.2 |
|
|
|
Subsidiary |
Johannesburg, Gauteng |
South Africa |
Coal |
421.6 |
|
|
|
Subsidiary |
Brisbane, QLD |
Australia |
Coal |
2,392.8 |
|
|
|
Subsidiary |
Brisbane, QLD |
Australia |
Coal |
3,723.8 |
|
|
|
Subsidiary |
Brisbane, QLD |
Australia |
Coal |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Investment Services |
0.1 |
|
|
|
Subsidiary |
London |
United Kingdom |
Investment Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Maastricht, Limburg |
Netherlands |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
Maastricht, Limburg |
Netherlands |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Miscellaneous Transportation |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Investment Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
|
|
|
|
|
Subsidiary |
Beckenham |
United Kingdom |
|
|
|
|
|
Subsidiary |
London |
United Kingdom |
|
|
|
|
|
Subsidiary |
London |
United Kingdom |
|
|
|
|
|
Subsidiary |
London |
United Kingdom |
|
|
|
|
|
Subsidiary |
London |
United Kingdom |
|
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Wolverhampton |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Beverages (Alcoholic) |
|
|
|
|
Subsidiary |
Rio de Janeiro, RJ |
Brazil |
Metal Mining |
|
|
|
|
Subsidiary |
Rio De Janeiro, Rio De Janeiro |
Brazil |
Metal Mining |
|
592 |
|
|
Subsidiary |
Santana, Amapa |
Brazil |
Trucking |
|
200 |
|
|
Subsidiary |
Rio de Janeiro |
Brazil |
Metal Mining |
|
|
|
|
Subsidiary |
Johannesburg, Gauteng |
South Africa |
Coal |
|
|
|
|
Subsidiary |
Cuijk, Noord-Brabant |
Netherlands |
Metal Mining |
|
|
|
|
Subsidiary |
Maastricht, Limburg |
Netherlands |
Engineering Consultants |
|
|
|
|
Subsidiary |
Maastricht, Limburg |
Netherlands |
Engineering Consultants |
|
|
|
|
Subsidiary |
Lima |
Peru |
Metal Mining |
|
|
|
|
Subsidiary |
Springbok, Northern Cape |
South Africa |
Metal Mining |
|
|
|
|
Subsidiary |
Rustenburg, North West |
South Africa |
Metal Mining |
|
|
|
|
Subsidiary |
Maastricht, Limburg |
Netherlands |
Miscellaneous Financial Services |
|
|
|
|
Anglo Coal (Dawson) Limited |
Subsidiary |
|
|
|
|
|
Executives Report
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate
(Period Average) |
0.71919 |
0.755078 |
0.719047 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Turnover |
414.1 |
266.7 |
58.4 |
|
Other Operating Income |
1.2 |
0.8 |
3.0 |
|
Operating Income |
415.3 |
267.5 |
61.4 |
|
Purchases |
357.7 |
243.8 |
53.2 |
|
Increase or Decrease
in Stocks |
-4.6 |
-0.5 |
9.6 |
|
Raw Materials, Consumables, and Goods for
Release |
353.1 |
243.2 |
62.8 |
|
Services and Sundry Goods |
6.6 |
4.9 |
2.6 |
|
Remuneration, Social Security Charges, and
Pensions |
3.7 |
1.7 |
4.2 |
|
Depreciation of and Other Amounts Written Off of
Formation Expense, Intangible and Tangible Fixed Assets |
0.2 |
0.1 |
0.6 |
|
Increase or Decrease in Amounts Written Off
Stocks, Orders, and Trade Debtors |
0.8 |
0.0 |
-5.3 |
|
Other Operating Charges |
1.8 |
0.8 |
0.3 |
|
Operating Charges |
366.2 |
250.8 |
65.2 |
|
Income From Current Assets |
0.1 |
0.0 |
0.1 |
|
Other Financial Income |
0.1 |
0.1 |
0.1 |
|
Financial Income |
0.2 |
0.1 |
0.2 |
|
Interest and Other Debt Charges |
0.1 |
0.1 |
0.2 |
|
Other Financial Charges |
0.2 |
0.2 |
0.3 |
|
Financial Charges |
0.3 |
0.3 |
0.5 |
|
Other Extraordinary Income |
- |
- |
0.0 |
|
Extraordinary Income |
- |
- |
0.0 |
|
Loss on Disposal of Fixed Assets |
- |
0.0 |
- |
|
Other Extraordinary Charges |
- |
- |
0.1 |
|
Extraordinary Charges |
- |
0.0 |
0.1 |
|
Income Taxes |
14.3 |
- |
- |
|
Income Taxes |
14.3 |
- |
- |
|
To the Legal Reserve |
0.1 |
0.6 |
- |
|
Transfers to Capital and Reserves |
0.1 |
0.6 |
- |
|
Return on Capital |
- |
4.2 |
- |
|
Profit to be Distributed |
- |
4.2 |
- |
|
Employees |
12 |
10 |
7 |
|
|
|
Annual Balance
Sheet |
|
Financials in:
USD (mil) |
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.770327 |
0.745406 |
0.696986 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Intangible Assets |
0.5 |
0.2 |
0.0 |
|
Land & Buildings |
- |
0.0 |
0.0 |
|
Plant, Machinery, and
Equipment |
0.5 |
0.2 |
0.3 |
|
Furniture and Vehicles |
0.1 |
0.0 |
- |
|
Tangible Assets |
0.6 |
0.2 |
0.3 |
|
Shares |
0.0 |
0.0 |
0.0 |
|
Amounts Receivable and
Cash Guarantees |
0.1 |
0.1 |
0.2 |
|
Other Capital Assets |
0.1 |
0.1 |
0.2 |
|
Capital Assets |
0.1 |
0.1 |
0.2 |
|
Fixed Assets |
1.1 |
0.6 |
0.5 |
|
Other Amounts
Receivable |
0.1 |
0.1 |
0.1 |
|
Amounts Receivable After More Than One Year |
0.1 |
0.1 |
0.1 |
|
Goods Purchased for
Resale |
4.1 |
0.5 |
0.0 |
|
Stocks |
4.1 |
0.5 |
0.0 |
|
Inventory and Orders in Progress |
4.1 |
0.5 |
0.0 |
|
Trade Debtors |
0.0 |
- |
0.1 |
|
Other Amounts
Receivable |
56.3 |
15.8 |
11.5 |
|
Amounts Receivable Within One Year |
56.3 |
15.8 |
11.5 |
|
Liquid Assets |
3.7 |
6.2 |
2.6 |
|
Adjustment Accounts |
0.1 |
0.0 |
0.0 |
|
Current Assets |
64.2 |
22.5 |
14.2 |
|
Total Assets |
65.4 |
23.1 |
14.7 |
|
Issued Capital |
7.7 |
7.7 |
7.6 |
|
Capital |
7.7 |
7.7 |
7.6 |
|
Paid-In Capital |
0.1 |
0.1 |
0.1 |
|
Legal Reserve |
0.8 |
0.6 |
0.0 |
|
Reserves Available for
Distribution |
0.9 |
0.9 |
0.9 |
|
Reserves |
1.7 |
1.5 |
0.9 |
|
Capital and Reserves |
49.0 |
16.6 |
4.0 |
|
Credit Institutions |
- |
- |
5.0 |
|
Financial Debts |
- |
- |
5.0 |
|
Amounts Due After More Than One Year |
- |
- |
5.0 |
|
Current Portion of
Amounts Payable After More Than One Year |
- |
5.0 |
5.0 |
|
Suppliers |
1.7 |
0.8 |
0.4 |
|
Trade Debts |
1.7 |
0.8 |
0.4 |
|
Taxes |
13.3 |
- |
- |
|
Remuneration and
Social Security |
1.2 |
0.6 |
0.1 |
|
Taxes, Wages, and
Social Security |
14.5 |
0.6 |
0.1 |
|
Other Amounts Payable |
0.1 |
0.1 |
0.2 |
|
Amounts Payable Within One Year |
16.3 |
6.5 |
5.7 |
|
Adjustment Accounts |
0.1 |
0.0 |
0.0 |
|
Creditors |
16.4 |
6.5 |
10.7 |
|
Total Liabilities + Shareholders' Equity |
65.4 |
23.1 |
14.7 |
DIAMOND INDUSTRY – INDIA
-
From time immemorial, India is well known in the world
as the birthplace for diamonds. It is difficult to trace the origin of
diamonds but history says that in the remote past, diamonds were mined only in
India. Diamond production in India can be traced back to almost 8th
Century B.C. India, in fact, remained undisputed leader till 18th
Century when Brazilian fields were discovered in 1725 followed by emergence of
S. Africa, Russia and Australia.
-
The achievement of the Indian diamond industry was
possible only due to combination of the manufacturing skills of the Indian
workforce and the untiring and unflagging efforts of the Indian diamantaires,
supported by progressive Government policies.
-
The area of study of family owned diamond businesses
derives its importance from the huge conglomerate of family run organizations
which operate in the diamond industry since many generations.
-
Some of the basic traits of family run business
enterprises include spirit of entrepreneurship, mutual trust lowers transaction
costs, small, nimble and quick to react, information as a source of advantage
and philanthropy.
-
Family owned diamond businesses need to improve on
many fronts including higher standard of corporate governance, long-term
performance – focused strategies, modern management and technology.
-
Utmost caution is to be exercised while dealing with
some medium and large diamond traders which are usually engaged in fictitious
import – export, inter-company transactions, financially assisted by banks. In
the process, several public sector banks lost several hundred million rupees.
They mostly diverted borrowed money for diamond business into real estate and
capital markets.
-
Excerpts from Times of India dated 30th
October 2010 is as under –
-
Gem & Jewellery Export Promotion Council in its
statistical data has shown the export of polished diamonds to have increase by
28 % in February 2013. Compared to $ 1.4 bn worth of polished diamond export in
February, 2012, India exported $ 1.84 billion worth of polished diamonds in
February 2013. A senior executive of GJEPC said, “Export of cut and polished
diamonds started falling month-wise after the imposition of 2 % of import duty
on the polished diamonds. But February, 2013 has given a new ray of hope to the
industry as the export of polished diamonds has actually increased by 28 %. It
means the industry is on the track of recovery and round tripping of
diamonds has stopped completely.” Demand has started coming from the US, the
UK, Japan and China. India’s polished diamond export is expected to cross $ 21
bn in 2013-14.
-
The banking sector has started exercising restraint
while following prudent risk management norms when lending money to gems and
jewellery sector. This follows the implementation of Basel III accord – a
global voluntary regulatory standard on bank capital adequacy, stress testing
and market liquidity.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.58.92 |
|
|
1 |
Rs.91.80 |
|
Euro |
1 |
Rs.78.18 |
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.