MIRA INFORM REPORT
|
Report Date : |
04.03.2013 |
IDENTIFICATION DETAILS
|
Name : |
LIEBHERR-WERK
EHINGEN GMBH |
|
|
|
|
Registered Office : |
Dr.-Hans-Liebherr-Strasse 1 , Ehingen
(Donau), 89584 |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
1969 |
|
|
|
|
Com. Reg. No.: |
490123 |
|
|
|
|
Legal Form : |
Private Subsidiary |
|
|
|
|
Line of Business : |
Manufacture of mobile cranes |
|
|
|
|
No. of Employees : |
3,000 |
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 : |
Good |
|
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 &
ADDRESS
LIEBHERR-WERK
EHINGEN GMBH
Dr.-Hans-Liebherr-Strasse 1
Ehingen (Donau), 89584
Germany
Tel: 49-73915020
Fax: 49 (7391) 5
02-3399
Website : www.liebherr.com
SYNTHESIS
Employees: 3,000
Company Type: Private Subsidiary
Corporate Family: 114 Companies
Ultimate Parent: Liebherr
International AG
Incorporation Date: 1969
Financials in: USD
(mil)
Fiscal Year End: 31-Dec-2011
Reporting Currency: Euro
Annual Sales: 2,076.5
Total Assets: 1,246.9
Business Description
Liebherr-Werk Ehingen GmbH is primarily engaged in manufacture of hand
operated or power driven lifting, handling, loading or unloading machinery
(pulley tackle and hoists, winches, capstans and jacks; derricks, cranes,
mobile lifting frames, straddle carriers, etc.; works trucks, whether or not
fitted with lifting or handling equipment whether or not self-propelled, of the
type used in factories;mechanical manipulators and industrial robots
specifically designed for lifting, handling, loading or unloading); manufacture
of conveyors, teleferics, etc.; and manufacture of lifts, escalators and moving
walkways. This class also includes: maintenance of lifts and escalators.
Industry
|
Industry |
|
|
ANZSIC 2006: |
2491 - Lifting
and Material Handling Equipment Manufacturing |
|
NACE 2002: |
|
|
NAICS 2002: |
333923 -
Overhead Traveling Crane, Hoist, and Monorail System Manufacturing |
|
UK SIC 2003: |
|
|
UK SIC 2007: |
|
|
US SIC 1987: |
3536 - Overhead
Traveling Cranes, Hoists, and Monorail Systems |
Key Executives
|
Name |
Title |
|
Mario Trunzer |
General Manager & Manager-Finance |
|
Ulrich Hamme |
Managing director |
|
Robert Bausch |
Executive |
|
Henning Rapp |
Chairman of the board of directors |
|
Rolf Ebe |
Member of the board of directors |
News
|
Registered
No.(DEU):490123
1 - Profit & Loss
Item Exchange Rate: USD 1 = EUR 0.7191895
2 - Balance Sheet Item Exchange Rate:
USD 1 = EUR 0.770327
Location
Dr.-Hans-Liebherr-Strasse 1
Ehingen (Donau), 89584
Germany
Tel: 49-73915020
Fax: 49 (7391) 5 02-3399
Website : www.liebherr.com
Sales EUR(mil): 1,493.4
Assets EUR(mil): 960.5
Employees: 3,000
Fiscal Year End: 31-Dec-2011
Industry: Miscellaneous
Capital Goods
Incorporation Date: 1969
Company Type: Private
Subsidiary
Quoted Status: Not
Quoted
Registered No.(DEU): 490123
Chairman of the board
of directors: Henning Rapp
Manufacture of mobile cranes
More Business Descriptions
Construction Machinery & Mobile Cranes
Liebherr-Werk Ehingen GmbH is primarily engaged in manufacture of hand
operated or power driven lifting, handling, loading or unloading machinery (pulley
tackle and hoists, winches, capstans and jacks; derricks, cranes, mobile
lifting frames, straddle carriers, etc.; works trucks, whether or not fitted
with lifting or handling equipment whether or not self-propelled, of the type
used in factories;mechanical manipulators and industrial robots specifically
designed for lifting, handling, loading or unloading); manufacture of
conveyors, teleferics, etc.; and manufacture of lifts, escalators and moving
walkways. This class also includes: maintenance of lifts and escalators.
Other Industrial Machinery Manufacturing
|
|
|||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||
|
|
|
Corporate
Family |
Corporate
Structure News: |
|
|
|
|
Liebherr-Werk Ehingen GmbH |
|
|
Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
Bulle |
Switzerland |
Construction and Agriculture Machinery |
11,588.0 |
35,333 |
|
|
Subsidiary |
Biberach An Der RiĂŸ, Baden-WĂ¼rttemberg |
Germany |
Construction and Agriculture Machinery |
|
33,200 |
|
|
Subsidiary |
Neu-Ulm, Bayern |
Germany |
Construction and Agriculture Machinery |
|
65 |
|
|
Subsidiary |
Seoul, Seoul |
Korea, Republic of |
Construction and Agriculture Machinery |
|
8 |
|
|
Subsidiary |
San Juan |
Argentina |
Construction and Agriculture Machinery |
|
|
|
|
Subsidiary |
Bischofshofen |
Austria |
Construction and Agriculture Machinery |
2,585.2 |
6,090 |
|
|
Subsidiary |
Nenzing |
Austria |
Construction and Agriculture Machinery |
1,087.9 |
1,405 |
|
|
Subsidiary |
Sunderland |
United Kingdom |
Construction - Supplies and Fixtures |
68.0 |
196 |
|
|
Subsidiary |
Fanling |
Hong Kong |
Investment Services |
|
70 |
|
|
Subsidiary |
Fan Ling, New Territories |
Hong Kong |
Miscellaneous Capital Goods |
11.9 |
68 |
|
|
Subsidiary |
Istanbul (Anatolia) |
Turkey |
Construction and Agriculture Machinery |
|
46 |
|
|
Subsidiary |
Hamburg, Hamburg |
Germany |
Miscellaneous Capital Goods |
|
40 |
|
|
Subsidiary |
Niederhergheim |
France |
Retail (Specialty) |
4.0 |
4 |
|
|
Subsidiary |
Lienz |
Austria |
Appliance and Tool |
327.4 |
1,308 |
|
|
Subsidiary |
Bischofshofen |
Austria |
Construction and Agriculture Machinery |
410.0 |
863 |
|
|
Subsidiary |
Popuvky |
Czech Republic |
Construction and Agriculture Machinery |
28.3 |
70 |
|
|
Liebherr-Epitoipari
Gepek Magyarorszag Kereskedelmi Korlatolt Felelossegu Tarsasag |
Subsidiary |
Gyor |
Hungary |
Construction and Agriculture Machinery |
4.6 |
25 |
|
Subsidiary |
Korneuburg |
Austria |
Aerospace and Defense |
90.3 |
400 |
|
|
Subsidiary |
Telfs |
Austria |
Hotels and Motels |
26.4 |
240 |
|
|
Subsidiary |
Schruns |
Austria |
Hotels and Motels |
8.2 |
70 |
|
|
Subsidiary |
Ehingen (Donau), Baden-WĂ¼rttemberg |
Germany |
Miscellaneous Capital Goods |
2,076.5 |
3,000 |
|
|
Subsidiary |
Monfalcone |
Italy |
Investment Services |
54.5 |
65 |
|
|
Subsidiary |
Amersfoort |
Netherlands |
Investment Services |
|
45 |
|
|
Subsidiary |
Amersfoort |
Netherlands |
Construction and Agriculture Machinery |
|
25 |
|
|
Subsidiary |
Hatfield |
United Kingdom |
Investment Services |
|
2,000 |
|
|
Subsidiary |
Biberach an der Riss |
Germany |
Miscellaneous Financial Services |
|
2,000 |
|
|
Subsidiary |
Biberach |
Germany |
Miscellaneous Capital Goods |
667.4 |
2,000 |
|
|
Subsidiary |
Kirchdorf |
Germany |
Real Estate Operations |
|
1,800 |
|
|
Subsidiary |
Biberach |
Germany |
Construction and Agriculture Machinery |
|
1,750 |
|
|
Subsidiary |
Biberach an der Riss |
Germany |
Real Estate Operations |
|
1,700 |
|
|
Subsidiary |
Ettlingen |
Germany |
Appliance and Tool |
15.0 |
130 |
|
|
Subsidiary |
Moscow |
Russian Federation |
Construction and Agriculture Machinery |
|
100 |
|
|
Subsidiary |
Ochsenhausen, Baden-WĂ¼rttemberg |
Germany |
Appliance and Tool |
|
1,800 |
|
|
Subsidiary |
Ochsenhausen, Baden-WĂ¼rttemberg |
Germany |
Appliance and Tool |
714.8 |
1,850 |
|
|
Subsidiary |
Radinovo |
Bulgaria |
Appliance and Tool |
203.8 |
1,496 |
|
|
Subsidiary |
Kluang, Johor |
Malaysia |
Miscellaneous Capital Goods |
12.3 |
|
|
|
Subsidiary |
Kempten (Allgäu), Bayern |
Germany |
Miscellaneous Capital Goods |
253.5 |
900 |
|
|
Subsidiary |
Collegno, Torino |
Italy |
Miscellaneous Capital Goods |
12.7 |
91 |
|
|
Subsidiary |
Rostock, Mecklenburg-Vorpommern |
Germany |
Construction and Agriculture Machinery |
356.6 |
875 |
|
|
Subsidiary |
Toulouse |
France |
Aerospace and Defense |
497.6 |
749 |
|
|
Subsidiary |
Lindenberg I. Allgäu, Bayern |
Germany |
Aerospace and Defense |
654.5 |
1,950 |
|
|
Subsidiary |
GuaratinguetĂ¡, SP |
Brazil |
Construction and Agriculture Machinery |
|
600 |
|
|
Branch |
Guaratingueta, Sao Paulo |
Brazil |
Construction and Agriculture Machinery |
|
|
|
|
Branch |
Rio De Janeiro, Rio De Janeiro |
Brazil |
Construction and Agriculture Machinery |
|
|
|
|
Subsidiary |
Killarney, Co. Kerry |
Ireland |
Miscellaneous Financial Services |
|
450 |
|
|
Subsidiary |
Killarney, Co Kerry |
Ireland |
Miscellaneous Capital Goods |
|
400 |
|
|
Subsidiary |
Killarney, Co Kerry |
Ireland |
Hotels and Motels |
|
150 |
|
|
Subsidiary |
Telfs |
Austria |
Construction and Agriculture Machinery |
170.6 |
443 |
|
|
Subsidiary |
Para Hills West, SA |
Australia |
Construction and Agriculture Machinery |
320.3 |
420 |
|
|
Subsidiary |
Newport News, VA |
United States |
Miscellaneous Capital Goods |
81.5 |
400 |
|
|
Subsidiary |
Newport News, VA |
United States |
Construction and Agriculture Machinery |
|
325 |
|
|
Subsidiary |
Newport News, VA |
United States |
Miscellaneous Capital Goods |
3.7 |
400 |
|
|
Subsidiary |
Newport News, VA |
United States |
Crops |
|
350 |
|
|
Subsidiary |
Saline, MI |
United States |
Miscellaneous Capital Goods |
|
60 |
|
|
Subsidiary |
Saline, MI |
United States |
Miscellaneous Capital Goods |
|
45 |
|
|
Subsidiary |
Garza Garcia, Nuevo Leon |
Mexico |
Construction and Agriculture Machinery |
|
35 |
|
|
Subsidiary |
Saline, MI |
United States |
Miscellaneous Capital Goods |
34.8 |
31 |
|
|
Subsidiary |
Saline, MI |
United States |
Miscellaneous Capital Goods |
493.6 |
15 |
|
|
Subsidiary |
Newport News, VA |
United States |
Miscellaneous Capital Goods |
|
12 |
|
|
Branch |
Salem, OR |
United States |
Construction Services |
12.7 |
70 |
|
|
Branch |
Medley, FL |
United States |
Miscellaneous Capital Goods |
83.1 |
36 |
|
|
Subsidiary |
Houston, TX |
United States |
Construction and Agriculture Machinery |
62.5 |
9 |
|
|
Branch |
Newport News, VA |
United States |
Construction and Agriculture Machinery |
2.3 |
5 |
|
|
Subsidiary |
Balikpapan, East Kalimantan |
Indonesia |
Construction and Agriculture Machinery |
|
250 |
|
|
Subsidiary |
Pamplona, Navarra |
Spain |
Construction and Agriculture Machinery |
64.5 |
246 |
|
|
Subsidiary |
Springs, Gauteng |
South Africa |
Construction and Agriculture Machinery |
68.6 |
230 |
|
|
Subsidiary |
Rayong |
Thailand |
Construction and Agriculture Machinery |
|
200 |
|
|
Subsidiary |
Azuqueca De Henares, Guadalajara |
Spain |
Construction and Agriculture Machinery |
176.9 |
176 |
|
|
Subsidiary |
Benavente, Benavente |
Portugal |
Miscellaneous Capital Goods |
4.3 |
18 |
|
|
Subsidiary |
Venda Do Pinheiro, Mafra |
Portugal |
Construction and Agriculture Machinery |
11.6 |
8 |
|
|
Subsidiary |
Burlington, ON |
Canada |
Construction and Agriculture Machinery |
|
108 |
|
|
Subsidiary |
Singapore |
Singapore |
Investment Services |
156.3 |
91 |
|
|
Subsidiary |
Kirchdorf An Der Iller, Baden-WĂ¼rttemberg |
Germany |
Computer Services |
|
75 |
|
|
Subsidiary |
Jeddah |
Saudi Arabia |
Investment Services |
|
52 |
|
|
Subsidiary |
Guebwiller, Cedex |
France |
Construction and Agriculture Machinery |
33.7 |
34 |
|
|
Subsidiary |
Niederhergheim |
France |
Retail (Specialty) |
9.1 |
34 |
|
|
Subsidiary |
Niederhergheim, Alsace |
France |
Construction and Agriculture Machinery |
5.6 |
34 |
|
|
Subsidiary |
Bulle |
Switzerland |
Miscellaneous Financial Services |
|
30 |
|
|
Subsidiary |
Bulle |
Switzerland |
Miscellaneous Capital Goods |
364.6 |
700 |
|
|
Subsidiary |
Nussbaumen |
Switzerland |
Commercial Banks |
5.8 |
150 |
|
|
Subsidiary |
Nussbaumen |
Switzerland |
Appliance and Tool |
|
150 |
|
|
Subsidiary |
Reiden |
Switzerland |
Investment Services |
5.8 |
120 |
|
|
Subsidiary |
Bulle |
Switzerland |
Real Estate Operations |
|
22 |
|
|
Subsidiary |
Wigan |
United Kingdom |
Construction and Agriculture Machinery |
220.4 |
273 |
|
|
UK Branch/Trading address |
Aberdeen |
United Kingdom |
Construction and Agriculture Machinery |
220.4 |
3 |
|
|
Subsidiary |
Bulle |
Switzerland |
Engineering Consultants |
6,322.4 |
10 |
|
|
Subsidiary |
Bulle |
Switzerland |
Investment Services |
|
5 |
|
|
Joint Venture |
Guaratingueta, SP |
Brazil |
Miscellaneous Fabricated Products |
|
25 |
|
|
Subsidiary |
Bulle |
Switzerland |
Electronic Instruments and Controls |
|
20 |
|
|
Subsidiary |
Lindau (Bodensee), Bayern |
Germany |
Appliance and Tool |
105.1 |
400 |
|
|
Subsidiary |
Ettlingen, Baden-WĂ¼rttemberg |
Germany |
Construction and Agriculture Machinery |
67.0 |
80 |
|
|
Subsidiary |
Yokohama |
Japan |
Construction and Agriculture Machinery |
|
19 |
|
|
Subsidiary |
Kirchdorf An Der Iller, Baden-WĂ¼rttemberg |
Germany |
Commercial Banks |
|
5 |
|
|
Subsidiary |
Kirchdorf An Der Iller, Baden-WĂ¼rttemberg |
Germany |
Construction and Agriculture Machinery |
1,078.3 |
1,700 |
|
|
Subsidiary |
Kirchdorf An Der Iller, Baden-WĂ¼rttemberg |
Germany |
Construction and Agriculture Machinery |
224.1 |
107 |
|
|
Branch |
Dortmund, Nordrhein-Westfalen |
Germany |
Construction and Agriculture Machinery |
|
|
|
|
Subsidiary |
Dortmund |
Germany |
Construction and Agriculture Machinery |
|
83 |
|
|
Subsidiary |
Colmar |
France |
Construction and Agriculture Machinery |
733.5 |
1,511 |
|
|
Subsidiary |
Colmars |
France |
Construction and Agriculture Machinery |
|
29 |
|
|
Subsidiary |
Dzerzhinsk G. |
Russian Federation |
Miscellaneous Capital Goods |
1.2 |
704 |
|
|
Subsidiary |
Dalian, Liaoning |
China |
Construction and Agriculture Machinery |
|
300 |
|
|
Subsidiary |
Ruda Slaska |
Poland |
Construction and Agriculture Machinery |
49.0 |
103 |
|
|
Subsidiary |
Lallio, Bergamo |
Italy |
Construction and Agriculture Machinery |
40.5 |
82 |
|
|
Subsidiary |
Ludwigshafen Am Rhein, Rheinland-Pfalz |
Germany |
Rental and Leasing |
100.7 |
18 |
|
|
Subsidiary |
Niederhergheim |
France |
Rental and Leasing |
34.7 |
34 |
|
|
Subsidiary |
Biggleswade |
United Kingdom |
Rental and Leasing |
10.8 |
10 |
|
|
Subsidiary |
Tuusula |
Finland |
Construction and Agriculture Machinery |
19.1 |
|
|
|
Subsidiary |
Toulouse |
France |
Commercial Banks |
|
4 |
|
|
Liebherr
Aerospace Brasil IndĂºstria E ComĂ©rcio De Equipamentos Aeronauticos Ltda. |
Subsidiary |
Guaratingueta, Sao Paulo |
Brazil |
Aerospace and Defense |
|
200 |
|
Subsidiary |
Xuzhou, Jiangsu |
China |
Construction and Agriculture Machinery |
|
|
|
|
Subsidiary |
Shanghai |
China |
Construction and Agriculture Machinery |
|
|
|
|
Subsidiary |
Biberach An Der RiĂŸ, Baden-WĂ¼rttemberg |
Germany |
Commercial Banks |
|
|
|
|
Subsidiary |
Biberach An Der RiĂŸ, Baden-WĂ¼rttemberg |
Germany |
Construction and Agriculture Machinery |
841.1 |
2,259 |
|
|
Subsidiary |
Bad Schussenried, Baden-WĂ¼rttemberg |
Germany |
Construction and Agriculture Machinery |
143.0 |
500 |
Executives Report
|
News
|
|
||
|
"Driving
Device for a Crane" in Patent Application Approval Process |
14-Feb-2013 |
|
|
Researchers
Submit Patent Application, "Crane Control System and Crane", for
Approval |
07-Feb-2013 |
|
|
Agency Reviews
Patent Application Approval Request for "Method of Operating a Crane and
Crane" |
17-Jan-2013 |
|
|
Vehicle-mounted
cranes |
15-Jan-2013 |
|
|
Heavy crane
shipment heading to BP Whiting Refinery |
31-Jul-2012 |
|
Annual Profit & Loss
|
|
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate
(Period Average) |
0.71919 |
0.755078 |
0.719047 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Total income |
2,076.5 |
2,086.1 |
2,288.8 |
|
Raw materials and services |
1,270.4 |
1,196.7 |
1,414.2 |
|
Net sales |
2,076.5 |
2,086.1 |
2,288.8 |
|
Change in stock |
8.7 |
51.6 |
30.6 |
|
Own work capitalised |
- |
0.2 |
0.3 |
|
Other operating income |
38.6 |
32.9 |
21.0 |
|
Raw materials and consumables employed |
1,270.4 |
1,196.7 |
1,414.2 |
|
Other external charges |
74.3 |
74.0 |
109.6 |
|
Cost of goods sold |
1,344.7 |
1,270.7 |
1,523.8 |
|
Cost of raw materials |
1,344.7 |
1,270.7 |
1,523.8 |
|
Taxes and social security costs |
40.2 |
36.3 |
38.2 |
|
Total payroll costs |
239.0 |
212.5 |
233.0 |
|
Fixed asset depreciation and amortisation |
24.4 |
22.5 |
19.2 |
|
Other operating costs |
217.7 |
225.0 |
199.2 |
|
Net operating income |
297.8 |
440.1 |
365.6 |
|
Interest received from loans |
12.8 |
14.4 |
22.0 |
|
Other income |
0.7 |
1.6 |
0.9 |
|
Interest payable on loans |
5.2 |
4.2 |
6.7 |
|
Other expenses |
1.4 |
- |
- |
|
Total expenses |
-6.8 |
-11.8 |
-16.1 |
|
Profit before tax |
304.7 |
451.9 |
381.7 |
|
Provisions |
169.9 |
201.4 |
212.4 |
|
Other taxes |
0.5 |
0.5 |
0.5 |
|
Total taxation |
76.8 |
108.7 |
103.6 |
|
Net profit |
227.4 |
342.7 |
277.6 |
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 |
|
|
|
|
|
|
Issued capital |
194.7 |
201.2 |
107.6 |
|
Other reserves |
- |
- |
107.6 |
|
Total reserves |
- |
- |
107.6 |
|
Profits for the year |
578.0 |
579.1 |
456.2 |
|
Total stockholders equity |
772.7 |
780.4 |
671.4 |
|
Deferred taxation |
- |
40.0 |
31.9 |
|
Other provisions |
149.6 |
155.3 |
178.0 |
|
Provision for pensions |
9.0 |
8.6 |
9.2 |
|
Provisions and allowances |
158.6 |
204.0 |
219.1 |
|
Other debentures |
17.7 |
21.3 |
29.0 |
|
Trade accounts payable |
0.1 |
0.1 |
0.2 |
|
Taxes and social security |
- |
- |
0.0 |
|
Total long-term liabilities |
17.7 |
21.4 |
29.2 |
|
Trade creditors |
125.4 |
96.4 |
104.6 |
|
Advances received |
19.8 |
21.4 |
- |
|
Other loans |
15.9 |
3.0 |
46.7 |
|
Taxation and social security |
4.8 |
6.2 |
21.1 |
|
Due to group companies |
132.0 |
70.3 |
38.4 |
|
Total current liabilities |
297.9 |
197.3 |
210.7 |
|
Total liabilities (including net worth) |
1,246.9 |
1,203.0 |
1,130.5 |
|
Patents |
0.8 |
0.8 |
1.0 |
|
Intangibles |
0.8 |
0.8 |
1.0 |
|
Land and buildings |
146.7 |
137.4 |
123.8 |
|
Machinery and tools |
40.4 |
36.2 |
33.0 |
|
Fixtures and equipment |
146.7 |
137.4 |
123.8 |
|
Fixed assets under construction |
6.8 |
24.9 |
37.3 |
|
Total tangible fixed assets |
215.6 |
220.8 |
217.3 |
|
Long-term investments |
- |
1.3 |
1.4 |
|
Shares held in associated companies |
32.1 |
33.2 |
35.5 |
|
Participating interest |
0.0 |
0.0 |
0.0 |
|
Total financial assets |
32.1 |
34.5 |
36.9 |
|
Total non-current assets |
248.5 |
256.1 |
255.2 |
|
Raw materials |
146.4 |
120.4 |
- |
|
Work in progress |
109.0 |
110.7 |
- |
|
Finished goods |
388.0 |
409.3 |
- |
|
Net stocks and work in progress |
643.3 |
640.4 |
578.5 |
|
Trade debtors |
87.0 |
122.3 |
99.9 |
|
Other receivables |
19.6 |
14.1 |
16.2 |
|
Total receivables |
339.0 |
273.3 |
283.9 |
|
Owing from associated companies |
232.4 |
136.9 |
167.7 |
|
Cash and liquid assets |
14.4 |
31.2 |
7.2 |
|
Marketable securities |
- |
- |
5.3 |
|
Short-term investments |
- |
- |
5.3 |
|
Total current assets |
996.6 |
944.9 |
874.8 |
|
Prepaid expenses and deferred costs |
0.3 |
2.0 |
0.5 |
|
Total assets |
1,246.9 |
1,203.0 |
1,130.5 |
Annual Ratios
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.770327 |
0.745406 |
0.696986 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Current ratio |
33.46 |
47.89 |
41.51 |
|
Acid test ratio |
11.86 |
15.43 |
14.06 |
|
Total liabilities to net worth |
0.04% |
0.03% |
0.04% |
|
Net worth to total assets |
0.06% |
0.06% |
0.06% |
|
Current liabilities to net worth |
0.04% |
0.03% |
0.03% |
|
Current liabilities to stock |
0.05% |
0.03% |
0.04% |
|
Fixed assets to net worth |
0.03% |
0.03% |
0.04% |
|
Collection period |
164.00 |
212.00 |
153.00 |
|
Stock turnover rate |
3.32 |
3.03 |
2.45 |
|
Profit margin |
0.01% |
0.02% |
0.01% |
|
Return on assets |
0.02% |
0.03% |
0.03% |
|
Shareholders' return |
0.03% |
0.04% |
0.04% |
|
Sales per employee |
54.03 |
58.97 |
61.45 |
|
Profit per employee |
5.92 |
9.69 |
7.45 |
|
Average wage per employee |
6.22 |
6.01 |
6.26 |
|
Net worth |
772.7 |
780.4 |
671.4 |
|
Number of employees |
2,764 |
2,671 |
2,678 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian
Rupees |
|
US Dollar |
1 |
Rs.54.48 |
|
UK Pound |
1 |
Rs.82.71 |
|
Euro |
1 |
Rs.71.27 |
INFORMATION DETAILS
|
Report
Prepared by : |
NLM |
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.