MIRA INFORM REPORT

 

 

 

Report Date :

21.06.2013

 

 

Company name na daddress

 

Bayer CropScience Aktiengesellschaft

 

 Company Status:      active

                      Alfred-Nobel-Str. 50

                      D 40789 Monheim

                      Telephone:02173/380

                      Telefax:  02173/380

                      Homepage: agrar.bayer.de

                      www.bayercropscience.com/de

 

 VAT no.:             DE813359838

 

CONCLUSION

 

 Business relations are permissible. The company is considered

 solvent for credits within its scope of business.

 

Registartion data

 

 LEGAL FORM              Public limited company

 Date of foundation:        28.12.2001

 Begin of business

 activities:                                  02.01.2002

 Registered on:              14.01.2002

 Commercial Register:    Local court 40227 Düsseldorf

 under:                          HRB 46985

 

 Share capital:                          EUR        501,001,000.00

 

 

Shareholder

 

                      Bayer Aktiengesellschaft

                      Kaiser-Wilhelm-Allee 1

                      D 51373 Leverkusen

                      Legal form: Public limited company

                      Share capital:     EUR      2,116,986,388.48

                      Share:                             100.000 %

                      Registered on: 15.01.1952

                      Reg. data: 50939 Köln, HRB 48248

                      Control and profit transfer agreement

 Member of the Board of Directors:

                      Dr. Gerhart Marchand

                      D 51371 Leverkusen

                      born: 17.09.1956

 Member of the Board of Directors:

                      Achim Noack

                      D 40210 Düsseldorf

                      born: 17.07.1959

                      Profession: Businessman

                      Marital status: unknown

 Member of the Board of Directors:

                      Lykele van der Broek

                      NL - Roermond

                      born: 30.07.1954

                      Nationality: Dutch

 Member of the Board of Directors:

                      Michael Andreas Schulz

                      D 50667 Köln

                      born: 03.03.1965

 Member of the Board of Directors:

                      Liam Condon

                      D 51427 Bergisch Gladbach

                      born: 27.02.1968

 President of the Supervisory Board:

                      Dr. Roland Hartwig

                      D 51519 Odenthal

                      having sole power of representation

                      born: 22.09.1954

                      Marital status: unknown

 Vice-president of the Supervisory Board:

                      Joachim Reinders

                      Mühlenstr. 62

                      D 51469 Bergisch Gladbach

                      authorized to jointly represent the company

                      born: 09.02.1941

                      Profession: Fully qualified merchant

                      Marital status: unknown

 Member of the Supervisory Board:

                      Klaus Kühn

                      D 10117 Berlin

                      born: 11.02.1952

                      Profession: Businessman

 Member of the Supervisory Board:

                      Yasmin Fahimi

                      Nedderfeldstr. 15

                      D 30451 Hannover

 Proxy:

                      Dr. Joachim Schneider

                      Fritz-Hinrichs-Weg 28

                      D 42799 Leichlingen

                      having sole power of representation

                      born: 19.03.1956

                      Marital status: married

 Proxy:

                      Martin Wietkamp

                      D 13509 Berlin

                      having sole power of representation

                      born: 11.11.1963

 Proxy:

                      Claudia Linder

                      D 40721 Hilden

                      having sole power of representation

                      born: 05.04.1966

                      Profession: Businessman

                      Marital status: unknown

 Proxy:

                      Martin Gruß

                      Max-Schönenberg-Str. 8

                      D 51381 Leverkusen

                      having sole power of representation

                      born: 30.07.1957

                      Profession: Businessman

                      Marital status: married

 Proxy:

                      Dr. Gunnar Riemann

                      D 10115 Berlin

                      having sole power of representation

                      born: 26.10.1958

                      Marital status: unknown

 Proxy:

                      Peter Braun

                      D 55268 Nieder-Olm

                      having sole power of representation

                      born: 11.07.1953

 Proxy:

                      Cornelia Gorski

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 02.09.1969

 Proxy:

                      Frank Meixner

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 18.02.1966

                      Profession: Businessman

                      Marital status: unknown

 Proxy:

                      Kai van Laak

                      D 51371 Leverkusen

                      having sole power of representation

                      born: 29.07.1960

                      Profession: Businessman

                      Marital status: unknown

 Proxy:

                      Gerhard Simons

                      D 53111 Bonn

                      having sole power of representation

                      born: 21.01.1964

                      Profession: Businessman

                      Marital status: unknown

 Proxy:

                      Helmut Blume

                      Müllersommer 16

                      D 51789 Lindlar

                      having sole power of representation

                      born: 11.09.1959

                      Profession: Businessman

                      Marital status: unknown

 Proxy:

                      Dr. Hermann Wilhelm Stübler

                      D 65527 Niedernhausen

                      having sole power of representation

                      born: 29.12.1952

 Proxy:

                      Matthias Haug

                      D 51373 Leverkusen

                      having sole power of representation

                      born: 08.05.1961

 Proxy:

                      Dr. Alexander Nowak

                      D 51427 Bergisch Gladbach

                      having sole power of representation

                      born: 17.10.1967

 Proxy:

                      Olaf Cunitz

                      D 40789 Monheim

                      having sole power of representation

                      born: 11.03.1967

 Proxy:

                      Steffen Kurzawa

                      D 41539 Dormagen

                      having sole power of representation

                      born: 05.08.1970

 Proxy:

                      Dipl. - Ing. Ariane Firus-Göing

                      D 50259 Pulheim

                      having sole power of representation

                      born: 30.08.1969

 Proxy:

                      Dr. Markus Dollinger

                      D 51371 Leverkusen

                      having sole power of representation

                      born: 08.10.1961

 Proxy:

                      Dr. Uwe Stelzer

                      D 51399 Burscheid

                      having sole power of representation

                      born: 07.05.1963

                      Marital status: unknown

 Proxy:

                      Dr. Dirk Backhaus

                      D 50667 Köln

                      having sole power of representation

                      born: 04.02.1967

 Proxy:

                      Dr. Arndt Wellmann

                      D 42799 Leichlingen

                      having sole power of representation

                      born: 20.06.1965

 Proxy:

                      Dr. Robert Graney

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 05.05.1955

 Proxy:

                      Peter Busbach

                      Sürderstr. 4

                      D 51375 Leverkusen

                      having sole power of representation

                      born: 01.09.1965

 Proxy:

                      Hartmut van Lengerich

                      D 50667 Köln

                      having sole power of representation

                      born: 14.10.1960

 Proxy:

                      Markus Hartmann

                      D 50667 Köln

                      having sole power of representation

                      born: 27.02.1972

 Proxy:

                      Dr. Frank Gerhards

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 15.06.1969

 Proxy:

                      Dr. Karsten Hoyer

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 05.12.1971

 Proxy:

                      Dr. Wilhelm Haas

                      Elly-Heuss-Knapp-Str. 23

                      D 40595 Düsseldorf

                      having sole power of representation

                      born: 27.05.1958

 Proxy:

                      Dr. Michael Haug

                      D 51371 Leverkusen

                      having sole power of representation

                      born: 20.09.1958

 Proxy:

                      Dr. Armin Knors

                      D 47798 Krefeld

                      having sole power of representation

                      born: 10.09.1963

 Proxy:

                      Jens Hartmann

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 01.01.1965

 Proxy:

                      Dr. Norbert Lui

                      D 51519 Odenthal

                      having sole power of representation

                      born: 24.02.1963

 Proxy:

                      Dr. Frank Zurmühlen

                      D 50354 Hürth

                      having sole power of representation

                      born: 18.03.1960

 Proxy:

                      Garth Hodges

                      D 40789 Monheim

                      having sole power of representation

                      born: 19.07.1960

 Proxy:

                      Dr. Martina Preu

                      D 42651 Solingen

                      having sole power of representation

                      born: 29.05.1968

 Proxy:

                      Dr. Udo Schneider

                      D 51371 Leverkusen

                      having sole power of representation

                      born: 06.06.1965

 Proxy:

                      Frank Terhorst

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 16.10.1969

 Proxy:

                      Dr. Antje Völker

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 13.01.1968

 Proxy:

                      Edwin Pohl

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 31.10.1963

 Proxy:

                      Dr. Michaela Schwarz

                      D 97526 Sennfeld

                      having sole power of representation

                      born: 14.03.1970

 Proxy:

                      Dr. Miriam Colling-Hendelkens

                      D 41844 Wegberg

                      having sole power of representation

                      born: 02.04.1972

 Proxy:

                      Dr. Lothar Weismantel

                      D 51427 Bergisch Gladbach

                      having sole power of representation

                      born: 13.10.1967

 Proxy:

                      Jean-Marc Besnoin

                      D 40878 Ratingen

                      having sole power of representation

                      born: 16.09.1963

 Proxy:

                      Dr. David Nicholson

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 06.07.1954

 Proxy:

                      Lothar Jäger

                      D 40764 Langenfeld

                      having sole power of representation

                      born: 06.03.1960

 Proxy:

                      Dr. Axel Trautwein

                      D 51427 Bergisch Gladbach

                      having sole power of representation

                      born: 12.05.1970

 Proxy:

                      Joerg Ellmanns

                      D 42799 Leichlingen

                      having sole power of representation

                      born: 05.10.1964

 Proxy:

                      Dr. Bernhard Grimmig

                      D 52511 Geilenkirchen

                      having sole power of representation

                      born: 21.10.1965

 

 Further functions/participations of Dr. Gerhart Marchand (Member of the Board of Directors)

 Manager:

                      AgrEvo VerwaltungsgesellschaftmbH

                      Brüningstr. 50

                      D 65929 Frankfurt

                      Legal form: Private limited company

                      Share capital:     EUR          3,067,800.00

                      Registered

                      on:         24.05.2000

                      Reg. data:  60313 Frankfurt, HRB 49592

 Manager:

                      Agreva GmbH

                      Brüningstr. 50 Industripark

                      Höchst

                      D 65929 Frankfurt

                      Legal form: Private limited company

                      Share capital:     EUR             25,600.00

                      Registered

                      on:         22.02.2002

                      Reg. data:  60313 Frankfurt, HRB 54185

 Manager:

                      Bayer CropScience

                      Vermögensverwaltungsgesellschaft mbH

                      Kaiser-Wilhelm-Allee 12

                      D 51373 Leverkusen

                      Legal form: Private limited company

                      Share capital:     EUR          1,023,000.00

                      Registered

                      on:         18.02.2004

                      Reg. data:  50939 Köln, HRB 52414

 Manager:

                      Bayer CropScience Beteiligungsgesellschaft

                      mit beschränkter Haftung

                      Brüningstr. 50

                      D 65929 Frankfurt

                      Legal form: Private limited company

                      Share capital:     EUR             25,600.00

                      Registered

                      on:         28.02.2001

                      Reg. data:  60313 Frankfurt, HRB 51753

 Manager:

                      Stefes Import/Export GmbH

                      Brüningstr. 607

                      D 65929 Frankfurt

                      Legal form: Private limited company

                                  dissolved

                      Share capital:     EUR             25,600.00

                      Registered

                      on:         09.04.2002

                      Reg. data:  60313 Frankfurt, HRB 54469

 Member of the Board of Directors:

                      Ruder-, Tennis-, Hockey-Club Bayer

                      Leverkusen e.V. (RTHC)

                      Knochenbergsweg

                      D 51373 Leverkusen

                      Legal form: Registered association

                      Registered

                      on:         13.02.1952

                      Reg. data:  50939 Köln, VR 400573

 Proxy:

                      Bayer CropScience GmbH

                      Brüningstr. 50 Industriepark

                      Höchst

                      D 65929 Frankfurt

                      Legal form: Private limited company

                                  dissolved

                      Share capital:     EUR        255,651,100.00

                      Registered

                      on:         30.06.2000

                      Reg. data:  60313 Frankfurt, HRB 49796

 

 Further functions/participations of Michael Andreas Schulz (Member of the Board of Directors)

 Member of the Supervisory Board:

                      Bayer Business Services GmbH

                      Düsseldorfer Str. 600

                      D 51061 Köln

                      Legal form: Private limited company

                      Share capital:     EUR          6,000,000.00

                      Registered

                      on:         08.04.2002

                      Reg. data:  50939 Köln, HRB 49895

 

 Further functions/participations of Liam Condon (Member of the Board of Directors)

 Proxy:

                      Bayer Schering Pharma Aktiengesellschaft

                      Müllerstr. 178

                      D 13353 Berlin

                      Legal form: Public limited company

                      Share capital:     EUR         92,000,000.00

                      Registered

                      on:         10.08.2006

                      Reg. data:  14057 Berlin, HRB 103188 B

 

 

RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

 23.08.2004 - 12.06.2013  Member of the Board of Directors

                          Dr. Rüdiger Scheitza

                          D 51519 Odenthal

 30.08.2010 - 11.12.2012  Member of the Board of Directors

                          Sandra Peterson

                          D 40210 Düsseldorf

 23.08.2004 - 29.07.2011  Member of the Board of Directors

                          Dirk Suwelack

                          D 42549 Velbert

 14.12.2004 - 12.10.2010  President of the Board of Directors

                          Prof. Dr. Friedrich Berschauer

                          D 51371 Leverkusen

 23.08.2004 - 12.10.2010  Member of the Board of Directors

                          Wolfgang Welter

                          D 65719 Hofheim

 

 

BUSINESS ACTIVITIES

 

 Main industrial sector

 20140   Manufacture of other organic basic chemicals

46750   Wholesale of chemical products

 

BRANCHES AND FACTORIES

 

 Branch:

                      Bayer CropScience Aktiengesellschaft

                      Kaiser-Wilhelm-Allee

                      D 51373 Leverkusen

 Branch:

                      Bayer CropScience Aktiengesellschaft

                      Alte Heerstr. 729a

                      D 41540 Dormagen

 Branch:

                      Bayer CropScience Aktiengesellschaft

                      Wendessener Str. 11c

                      D 38300 Wolfenbüttel

                      TEL.: 05331/401227

 Branch:

                      Bayer CropScience Aktiengesellschaft

                      Brüningstr. 50  Industriepark

                      Höchst C 595

                      D 65929 Frankfurt

                      TEL.: 069/3056699

                      FAX.: 069/3053827

 

 

PARTICIPATIONS

 

 Shareholder:

                      Hild Samen GmbH

                      Kirchenweinbergstr. 115

                      D 71672 Marbach

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          3,070,000.00

                      Share:             EUR          3,070,000.00

                      Reg. data:  28.07.1988

                                  Local court 70190 Stuttgart

                                  HRB 310508

 Shareholder:

                      Bayer CropScience Deutschland GmbH

                      Elisabeth-Selbert-Str. 4a

                      D 40764 Langenfeld

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          6,036,000.00

                      Share:             EUR          2,628,074.40

                      Reg. data:  15.11.2002

                                  Local court 40227 Düsseldorf

                                  HRB 47138

 Shareholder:

                      Bayer CropScience

                      Vermögensverwaltungsgesellschaft mbH

                      Kaiser-Wilhelm-Allee 12

                      D 51373 Leverkusen

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          1,023,000.00

                      Share:             EUR          1,023,000.00

                      Reg. data:  18.02.2004

                                  Local court 50939 Köln

                                  HRB 52414

 Shareholder:

                      Bayer CropScience Raps GmbH

                      Streichmühler Str. 8

                      D 24977 Grundhof

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  08.05.2003

                                  Local court 50939 Köln

                                  HRB 50676

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 Negative information:We have no negative information at hand.

 

 Balance sheet year:  2012

 

 

REAL ESTATE

 

 Type of ownership:   Tenant

 Address              Alfred-Nobel-Str. 50

                      D 40789 Monheim

 

 Land register documents were not available.

 

 

BANKERS

 

 Principal bank

 DEUTSCHE BANK, LEVERKUSEN

 Sort. code: 37570064, BIC: DEUTDEDK375

 

 

FINANCIAL FIGURES

 

 Turnover:            2012               EUR      5,382,689,000.00

 Profit:              2012               EUR        445,672,000.00

 Equipment:                              EUR         18,779,000.00

 Ac/ts receivable:                       EUR      1,650,246,000.00

 Liabilities:                            EUR      1,373,180,000.00

 Employees:                                                 21,000

 

 Control and profit transfer agreement to:

                      Bayer Aktiengesellschaft

                      Kaiser-Wilhelm-Allee 1

                      D 51373 Leverkusen

 

 

BALANCE SHEETS

 

 Balance sheet ratios 01.01.2012 - 31.12.2012

 Equity ratio [%]:                 61.86

 Liquidity ratio:                   1.30

 Return on total capital [%]:       8.87

 

 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:      01.01.2012 - 31.12.2012

 

 ASSETS                                  EUR      5,476,419,000.00

  Fixed assets                           EUR      3,029,859,000.00

   Intangible assets                     EUR        110,286,000.00

    Concessions, licences, rights        EUR        100,138,000.00

    Advance payments for intang. assets  EUR         10,148,000.00

   Tangible assets                       EUR        306,769,000.00

    Land / similar rights                EUR         40,761,000.00

    Plant / machinery                    EUR        207,311,000.00

    Other tangible assets / fixtures and

    fittings                             EUR         18,779,000.00

    Advance payments made / construction

    in progress                          EUR         39,918,000.00

   Financial assets                      EUR      2,612,804,000.00

    Shares in participations /

    subsidiaries and the like            EUR      2,070,500,000.00

     Shares in related companies         EUR      2,063,880,000.00

     Shares in investee companies        EUR          6,620,000.00

    Loans to participations /

    subsidiaries and the like            EUR        481,502,000.00

     Loans to related companies          EUR        481,502,000.00

    Other loans                          EUR            638,000.00

    Other / unspecified financial assets EUR         60,164,000.00

  Current assets                         EUR      2,416,260,000.00

   Stocks                                EUR        765,434,000.00

    Raw materials, consumables and

    supplies                             EUR        214,433,000.00

    Finished goods / work in progress    EUR        546,604,000.00

    Advance payments made                EUR          4,397,000.00

   Accounts receivable                   EUR      1,650,246,000.00

    Trade debtors                        EUR        741,970,000.00

    Amounts due from related companies   EUR        845,592,000.00

    Other debtors and assets             EUR         62,684,000.00

   Liquid means                          EUR            580,000.00

  Remaining other assets                 EUR         30,300,000.00

   Accruals (assets)                     EUR         15,021,000.00

   Active difference from asset

   offsetting                            EUR         15,279,000.00

 

 LIABILITIES                             EUR      5,476,419,000.00

  Shareholders' equity                   EUR      3,113,345,000.00

   Capital                               EUR        501,001,000.00

    Subscribed capital (share capital)   EUR        501,001,000.00

   Reserves                              EUR      2,612,344,000.00

    Capital reserves                     EUR      2,612,344,000.00

  Provisions                             EUR        939,259,000.00

   Pension provisions and comparable

   provisions                            EUR        503,498,000.00

   Provisions for taxes                  EUR            398,000.00

   Other / unspecified provisions        EUR        435,363,000.00

  Liabilities                            EUR      1,373,180,000.00

   Financial debts                       EUR             22,000.00

    Liabilities due to banks             EUR             22,000.00

   Other liabilities                     EUR      1,373,158,000.00

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR        416,206,000.00

    Liabilities from received advance

    payments                             EUR          1,716,000.00

    Liabililties due to related companiesEUR        920,939,000.00

    Unspecified other liabilities        EUR         34,297,000.00

     thereof liabilities from tax /

     financial authorities               EUR         12,627,000.00

     thereof liabilities from social

     security                            EUR          7,674,000.00

  Other liabilities                      EUR         50,635,000.00

   Deferrals (liabilities)               EUR         50,635,000.00

  Guarantees and other commitments       EUR          1,445,000.00

   Guarantees / warranties               EUR          1,445,000.00

    Guarantees                           EUR          1,445,000.00

 

 PROFIT AND LOSS ACCOUNT (cost of sales method) according to Comm.

 Code (HGB)

  Sales                                  EUR      5,382,689,000.00

  Manufacturing costs                    EUR      3,778,102,000.00

  Gross result on sales                  EUR      1,604,587,000.00

  Distribution costs                     EUR        762,090,000.00

  General administration expenses        EUR        116,938,000.00

  Research and development costs         EUR        565,745,000.00

  Other operating income                 EUR        184,896,000.00

  Other operating expenses               EUR        161,925,000.00

  Operating result from continuing

  operations                             EUR        182,785,000.00

  Result from participating interests

  (+/-)                                  EUR        330,105,000.00

   Expenses / income from participations EUR        330,105,000.00

    Income from transfer of profits      EUR          2,311,000.00

    Income from related companies        EUR        327,794,000.00

  Expenses for the transfer of losses    EUR          6,716,000.00

  Interest result (+/-)                  EUR        -36,730,000.00

   Interest and similar income           EUR          7,602,000.00

    thereof from related companies       EUR          5,630,000.00

   Interest and similar expenses         EUR         44,332,000.00

    thereof paid to related companies    EUR          9,032,000.00

  Other financial result                 EUR        -23,772,000.00

   Income from securities and loans from

   financial assets                      EUR             32,000.00

   Depreciation on financial assets and

   marketable securities                 EUR            386,000.00

   Other financial income                EUR        169,839,000.00

   Other financial expenses              EUR        193,257,000.00

  Financial result (+/-)                 EUR        262,887,000.00

  Result from ordinary operations (+/-)  EUR        445,672,000.00

  Expenses for transfer of profits to a

  parent company                         EUR        445,672,000.00

  Annual surplus / annual deficit        EUR                  0.00


MIRA INFORM REPORT

 

 

Report Date :

12.01.2013

 

IDENTIFICATION DETAILS

 

Name :

BAYER CROPSCIENCE AKTIENGESELLSCHAFT

 

 

Registered Office :

Alfred-Nobel-Str. 50  D 40789 Monheim

 

 

Country :

Germany

 

 

Date of Incorporation :

28.12.2001

 

 

Com. Reg. No.:

HRB 46985

 

 

Legal Form :

Public limited company

 

 

Line of Business :

Manufacture of other organic basic chemicals

 

 

No. of Employees :

21,000

 

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)

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 6.0% in 2011. GDP contracted 5.1% in 2009 but grew by 3.6% in 2010, and 2.7% in 2011. The recovery was attributable primarily to rebounding manufacturing orders and exports - increasingly outside the Euro Zone. Germany's central bank projects that GDP will grow 0.6% in 2012, a reflection of the worsening euro-zone financial crisis and the financial burden it places on Germany as well as falling demand for German exports. Domestic demand is therefore becoming a more significant driver of Germany's economic expansion. Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's budget deficit to 3.3% in 2010, but slower spending and higher tax revenues reduce the deficit to 1.7% in 2011, below the EU's 3% limit. 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. 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 energy and 46% of its base-load electrical production.

 

Source : CIA

 

 


Company name and address

 

BAYER CROPSCIENCE AKTIENGESELLSCHAFT

 

 Company Status:          active

                                    Alfred-Nobel-Str. 50

                                    D 40789 Monheim

                                    Telephone:02173/380

                                    Telefax:  02173/380

                                    Homepage: agrar.bayer.de

                                    www.bayercropscience.com/de

 

 VAT no.:                      DE813359838

 

 

CONCLUSION

 

 Business relations are permissible. The company is considered solvent for credits within its scope of business.

 

 LEGAL FORM              Public limited company

 Date of foundation:        28.12.2001

 Begin of business

 activities:                                  02.01.2002

 Registered on:              14.01.2002

 Commercial Register:    Local court 40213 Düsseldorf

 under:                          HRB 46985

 

 Share capital:                          EUR        501,001,000.00

 

 Shareholder:

                      Bayer Aktiengesellschaft

                      Kaiser-Wilhelm-Allee 1

                      D 51373 Leverkusen

                      Legal form: Public limited company

                      Share capital:     EUR      2,116,986,388.48

                      Share:                             100.000 %

                      Registered on: 15.01.1952

                      Reg. data: 50939 Köln, HRB 48248

                      Control and profit transfer agreement

 Member of the Board of Directors:

                      Dr. Gerhart Marchand

                      D 51371 Leverkusen

                      born: 17.09.1956

 Member of the Board of Directors:

                      Dr. Rüdiger Scheitza

                      D 51519 Odenthal

                      born: 17.03.1953

 Member of the Board of Directors:

                      Achim Noack

                      D 40210 Düsseldorf

                      born: 17.07.1959

                      Profession: Businessman

                      Marital status: unknown

 Member of the Board of Directors:

                      Lykele van der Broek

                      NL - Roermond

                      born: 30.07.1954

                      Nationality: Dutch

 Member of the Board of Directors:

                      Michael Andreas Schulz

                      D 50667 Köln

                      born: 03.03.1965

 Member of the Board of Directors:

                      Liam Condon

                      D 51427 Bergisch Gladbach

                      born: 27.02.1968

 President of the Supervisory Board:

                      Dr. Roland Hartwig

                      D 51519 Odenthal

                      having sole power of representation

                      born: 22.09.1954

                      Marital status: unknown

 Vice-president of the Supervisory Board:

                      Joachim Reinders

                      Mühlenstr. 62

                      D 51469 Bergisch Gladbach

                      authorized to jointly represent the company

                      born: 09.02.1941

                      Profession: Fully qualified merchant

                      Marital status: unknown

 Member of the Supervisory Board:

                      Klaus Kühn

                      D 10117 Berlin

                      born: 11.02.1952

                      Profession: Businessman

 Member of the Supervisory Board:

                      Yasmin Fahimi

                      Nedderfeldstr. 15

                      D 30451 Hannover

 Proxy:

                      Dr. Joachim Schneider

                      Fritz-Hinrichs-Weg 28

                      D 42799 Leichlingen

                      having sole power of representation

                      born: 19.03.1956

                      Marital status: married

 Proxy:

                      Martin Wietkamp

                      D 13509 Berlin

                      having sole power of representation

                      born: 11.11.1963

 Proxy:

                      Claudia Linder

                      D 40721 Hilden

                      having sole power of representation

                      born: 05.04.1966

                      Profession: Businessman

                      Marital status: unknown

 Proxy:

                      David Giles

                      Friederike-Fliedner-Weg 156

                      D 40489 Düsseldorf

                      having sole power of representation

                      born: 06.10.1951

 Proxy:

                      Martin Gruß

                      Max-Schönenberg-Str. 8

                      D 51381 Leverkusen

                      having sole power of representation

                      born: 30.07.1957

                      Profession: Businessman

                      Marital status: married

 Proxy:

                      Dr. Gunnar Riemann

                      D 10115 Berlin

                      having sole power of representation

                      born: 26.10.1958

                      Marital status: unknown

 Proxy:

                      Peter Braun

                      D 55268 Nieder-Olm

                      having sole power of representation

                      born: 11.07.1953

 Proxy:

                      Cornelia Gorski

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 02.09.1969

 Proxy:

                      Frank Meixner

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 18.02.1966

                      Profession: Businessman

                      Marital status: unknown

 Proxy:

                      Kai van Laak

                      D 51371 Leverkusen

                      having sole power of representation

                      born: 29.07.1960

                      Profession: Businessman

                      Marital status: unknown

 Proxy:

                      Gerhard Simons

                      D 53111 Bonn

                      having sole power of representation

                      born: 21.01.1964

                      Profession: Businessman

                      Marital status: unknown

 Proxy:

                      Helmut Blume

                      Müllersommer 16

                      D 51789 Lindlar

                      having sole power of representation

                      born: 11.09.1959

                      Profession: Businessman

                      Marital status: unknown

 Proxy:

                      Dr. Hermann Wilhelm Stübler

                      D 65527 Niedernhausen

                      having sole power of representation

                      born: 29.12.1952

 Proxy:

                      Christophe Dumont

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 06.04.1964

 Proxy:

                      Matthias Haug

                      D 51373 Leverkusen

                      having sole power of representation

                      born: 08.05.1961

 Proxy:

                      Dr. Alexander Nowak

                      D 51427 Bergisch Gladbach

                      having sole power of representation

                      born: 17.10.1967

 Proxy:

                      Olaf Cunitz

                      D 40789 Monheim

                      having sole power of representation

                      born: 11.03.1967

 Proxy:

                      Dr. Friedrich Gruber

                      D 51427 Bergisch Gladbach

                      having sole power of representation

                      born: 13.08.1952

 Proxy:

                      Steffen Kurzawa

                      D 41539 Dormagen

                      having sole power of representation

                      born: 05.08.1970

 Proxy:

                      Dipl. - Ing. Ariane Firus-Göing

                      D 50259 Pulheim

                      having sole power of representation

                      born: 30.08.1969

 Proxy:

                      Dr. Markus Dollinger

                      D 51371 Leverkusen

                      having sole power of representation

                      born: 08.10.1961

 Proxy:

                      Dr. Ian Chisholm

                      D 50667 Köln

                      having sole power of representation

                      born: 18.01.1953

 Proxy:

                      Dr. Uwe Stelzer

                      D 51399 Burscheid

                      having sole power of representation

                      born: 07.05.1963

                      Marital status: unknown

 Proxy:

                      Dr. Dirk Backhaus

                      D 50667 Köln

                      having sole power of representation

                      born: 04.02.1967

 Proxy:

                      Dr. Arndt Wellmann

                      D 42799 Leichlingen

                      having sole power of representation

                      born: 20.06.1965

 Proxy:

                      Dr. Robert Graney

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 05.05.1955

 Proxy:

                      Peter Busbach

                      Sürderstr. 4

                      D 51375 Leverkusen

                      having sole power of representation

                      born: 01.09.1965

 Proxy:

                      Hartmut van Lengerich

                      D 50667 Köln

                      having sole power of representation

                      born: 14.10.1960

 Proxy:

                      Markus Hartmann

                      D 50667 Köln

                      having sole power of representation

                      born: 27.02.1972

 Proxy:

                      Dr. Frank Gerhards

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 15.06.1969

 Proxy:

                      Dr. Karsten Hoyer

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 05.12.1971

 Proxy:

                      Dr. Wilhelm Haas

                      Elly-Heuss-Knapp-Str. 23

                      D 40595 Düsseldorf

                      having sole power of representation

                      born: 27.05.1958

 Proxy:

                      Dr. Michael Haug

                      D 51371 Leverkusen

                      having sole power of representation

                      born: 20.09.1958

 Proxy:

                      Dr. Armin Knors

                      D 47798 Krefeld

                      having sole power of representation

                      born: 10.09.1963

 Proxy:

                      Jens Hartmann

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 01.01.1965

 Proxy:

                      Dr. Norbert Lui

                      D 51519 Odenthal

                      having sole power of representation

                      born: 24.02.1963

 Proxy:

                      Dr. Frank Zurmühlen

                      D 50354 Hürth

                      having sole power of representation

                      born: 18.03.1960

 Proxy:

                      Garth Hodges

                      D 40789 Monheim

                      having sole power of representation

                      born: 19.07.1960

 Proxy:

                      Dr. Martina Preu

                      D 42651 Solingen

                      having sole power of representation

                      born: 29.05.1968

 Proxy:

                      Dr. Udo Schneider

                      D 51371 Leverkusen

                      having sole power of representation

                      born: 06.06.1965

 Proxy:

                      Frank Terhorst

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 16.10.1969

 Proxy:

                      Dr. Antje Völker

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 13.01.1968

 Proxy:

                      Edwin Pohl

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 31.10.1963

 Proxy:

                      Dr. Michaela Schwarz

                      D 97526 Sennfeld

                      having sole power of representation

                      born: 14.03.1970

 Proxy:

                      Dr. Miriam Colling-Hendelkens

                      D 41844 Wegberg

                      having sole power of representation

                      born: 02.04.1972

 Proxy:

                      Dr. Lothar Weismantel

                      D 51427 Bergisch Gladbach

                      having sole power of representation

                      born: 13.10.1967

 Proxy:

                      Jean-Marc Besnoin

                      D 40878 Ratingen

                      having sole power of representation

                      born: 16.09.1963

 Proxy:

                      Dr. David Nicholson

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 06.07.1954

 

 Further functions/participations of Dr. Gerhart Marchand (Member

 of the Board of Directors)

 Manager:

                      AgrEvo VerwaltungsgesellschaftmbH

                      Brüningstr. 50

                      D 65929 Frankfurt

                      Legal form: Private limited company

                      Share capital:     EUR          3,067,800.00

                      Registered

                      on:         24.05.2000

                      Reg. data:  60313 Frankfurt, HRB 49592

 Manager:

                      Agreva GmbH

                      Brüningstr. 50 Industripark

                      Höchst

                      D 65929 Frankfurt

                      Legal form: Private limited company

                      Share capital:     EUR             25,600.00

                      Registered

                      on:         22.02.2002

                      Reg. data:  60313 Frankfurt, HRB 54185

 Manager:

                      Bayer CropScience

                      Vermögensverwaltungsgesellschaft mbH

                      Kaiser-Wilhelm-Allee 12

                      D 51373 Leverkusen

                      Legal form: Private limited company

                      Share capital:     EUR          1,023,000.00

                      Registered

                      on:         18.02.2004

                      Reg. data:  50939 Köln, HRB 52414

 Manager:

                      Bayer CropScience Beteiligungsgesellschaft

                      mit beschränkter Haftung

                      Brüningstr. 50

                      D 65929 Frankfurt

                      Legal form: Private limited company

                      Share capital:     EUR             25,600.00

                      Registered

                      on:         28.02.2001

                      Reg. data:  60313 Frankfurt, HRB 51753

 Manager:

                      Stefes Import/Export GmbH

                      Brüningstr. 607

                      D 65929 Frankfurt

                      Legal form: Private limited company

                                  dissolved

                      Share capital:     EUR             25,600.00

                      Registered

                      on:         09.04.2002

                      Reg. data:  60313 Frankfurt, HRB 54469

 Member of the Board of Directors:

                      Ruder-, Tennis-, Hockey-Club Bayer

                      Leverkusen e.V. (RTHC)

                      Knochenbergsweg

                      D 51373 Leverkusen

                      Legal form: Registered association

                      Registered

                      on:         13.02.1952

                      Reg. data:  50939 Köln, VR 400573

 Proxy:

                      Bayer CropScience GmbH

                      Brüningstr. 50 Industriepark

                      Höchst

                      D 65929 Frankfurt

                      Legal form: Private limited company

                                  dissolved

                      Share capital:     EUR        255,651,100.00

                      Registered

                      on:         30.06.2000

                      Reg. data:  60313 Frankfurt, HRB 49796

 

 Further functions/participations of Michael Andreas Schulz

 (Member of the Board of Directors)

 Member of the Supervisory Board:

                      Bayer Business Services GmbH

                      Düsseldorfer Str. 600

                      D 51061 Köln

                      Legal form: Private limited company

                      Share capital:     EUR          6,000,000.00

                      Registered

                      on:         08.04.2002

                      Reg. data:  50939 Köln, HRB 49895

 

 Further functions/participations of Liam Condon (Member of the

 Board of Directors)

 Proxy:

                      Bayer Schering Pharma Aktiengesellschaft

                      Müllerstr. 178

                      D 13585 Berlin

                      Legal form: Public limited company

                      Share capital:     EUR         92,000,000.00

                      Registered

                      on:         10.08.2006

                      Reg. data:  14057 Berlin, HRB 103188 B

 

 

 RESIGNED ACTING PERSONS AND SHAREHOLDERS

 30.08.2010 - 11.12.2012  Member of the Board of Directors

                          Sandra Peterson

                          D 40210 Düsseldorf

 23.08.2004 - 29.07.2011  Member of the Board of Directors

                          Dirk Suwelack

                          D 42549 Velbert

 14.12.2004 - 12.10.2010  President of the Board of Directors

                          Prof. Dr. Friedrich Berschauer

                          D 51371 Leverkusen

 23.08.2004 - 12.10.2010  Member of the Board of Directors

                          Wolfgang Welter

                          D 65719 Hofheim

 

 

BUSINESS ACTIVITIES

 

 Main industrial sector

 20140   Manufacture of other organic basic chemicals

46750   Wholesale of chemical products

 

 

BRANCHES AND FACTORIES

 

 Branch:

                      Bayer CropScience Aktiengesellschaft

                      Kaiser-Wilhelm-Allee

                      D 51373 Leverkusen

 Branch:

                      Bayer CropScience Aktiengesellschaft

                      Alte Heerstr. 729a

                      D 41540 Dormagen

 Branch:

                      Bayer CropScience Aktiengesellschaft

                      Wendessener Str. 11c

                      D 38300 Wolfenbüttel

                      TEL.: 05331/401227

 Branch:

                      Bayer CropScience Aktiengesellschaft

                      Brüningstr. 50  Industriepark

                      Höchst C 595

                      D 65929 Frankfurt

                      TEL.: 069/3056699

                      FAX.: 069/3053827

 

 

PARTICIPATIONS

 

 Shareholder:

                      Hild Samen GmbH

                      Kirchenweinbergstr. 115

                      D 71672 Marbach

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          3,070,000.00

                      Share:             EUR          3,070,000.00

                      Reg. data:  28.07.1988

                                  Local court 70190 Stuttgart

                                  HRB 310508

 Shareholder:

                      Bayer CropScience Deutschland GmbH

                      Elisabeth-Selbert-Str. 4a

                      D 40764 Langenfeld

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          6,036,000.00

                      Share:             EUR          2,628,074.40

                      Reg. data:  15.11.2002

                                  Local court 40213 Düsseldorf

                                  HRB 47138

 Shareholder:

                      Bayer CropScience

                      Vermögensverwaltungsgesellschaft mbH

                      Kaiser-Wilhelm-Allee 12

                      D 51373 Leverkusen

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          1,023,000.00

                      Share:             EUR          1,023,000.00

                      Reg. data:  18.02.2004

                                  Local court 50939 Köln

                                  HRB 52414

 Shareholder:

                      Bayer CropScience Raps GmbH

                      Streichmühler Str. 8

                      D 24977 Grundhof

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  08.05.2003

                                  Local court 50939 Köln

                                  HRB 50676

 

 

 FINANCIAL INFORMATION

 

 Payment experience:    within agreed terms

 

 Negative information:     We have no negative information at hand.

 

 

REAL ESTATE

 

 Type of ownership:         Tenant

 Address                        Alfred-Nobel-Str. 50

                                    D 40789 Monheim

 

 Land register documents were not available.

 

 

 BANKERS

 

 Principal bank

 DEUTSCHE BANK, LEVERKUSEN

 Sort. code: 37570064, BIC: DEUTDEDK375

 

 

 FINANCIAL FIGURES

 

 Financial year:              01.01. - 31.12.

 Turnover:                       2011               EUR         20,000,000.00

 Employees:                                                       21,000

 

 Control and profit transfer agreement to:

                      Bayer Aktiengesellschaft

                      Kaiser-Wilhelm-Allee 1

                      D 51373 Leverkusen

 

 The aforementioned business figures may partly be estimated information based on average values in the line of business.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.59.70

UK Pound

1

Rs.92.22

Euro

1

Rs.79.18

 

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%)

 

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.