MIRA INFORM REPORT

 

 

Report Date :

16.03.2013

 

IDENTIFICATION DETAILS

 

Name :

M CASSAB COMÉRCIO E INDÚSTRIA LTDA

 

 

Registered Office :

Avenida Das Nações Unidas, 20882 - Vila Almeida, 04795-000 - São Paulo

 

 

Country :

Brazil

 

 

Financials (as on) :

30.06.2012

 

 

Date of Incorporation :

24.09.1974

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Manufacture and Sale of Chemicals in General.

 

 

No. of Employees :

1200

 

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 :

Usually correct

Litigation :

Exist related to Tax

 

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)

 Brazil

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Brazil - ECONOMIC OVERVIEW

 

Characterized by large and well-developed agricultural, mining, manufacturing, and service sectors, Brazil's economy outweighs that of all other South American countries, and Brazil is expanding its presence in world markets. Since 2003, Brazil has steadily improved its macroeconomic stability, building up foreign reserves, and reducing its debt profile by shifting its debt burden toward real denominated and domestically held instruments. In 2008, Brazil became a net external creditor and two ratings agencies awarded investment grade status to its debt. After strong growth in 2007 and 2008, the onset of the global financial crisis hit Brazil in 2008. Brazil experienced two quarters of recession, as global demand for Brazil's commodity-based exports dwindled and external credit dried up. However, Brazil was one of the first emerging markets to begin a recovery. In 2010, consumer and investor confidence revived and GDP growth reached 7.5%, the highest growth rate in the past 25 years. Rising inflation led the authorities to take measures to cool the economy; these actions and the deteriorating international economic situation slowed growth to 2.7% for 2011 as a whole, though forecasts for 2012 growth are somewhat higher. Despite slower growth in 2011, Brazil overtook the United Kingdom as the world's seventh largest economy in terms of GDP. Urban unemployment is at the historic low of 4.7% (December 2011), and Brazil's traditionally high level of income equality has declined for each of the last 12 years. Brazil's high interest rates make it an attractive destination for foreign investors. Large capital inflows over the past several years have contributed to the appreciation of the currency, hurting the competitiveness of Brazilian manufacturing and leading the government to intervene in foreign exchanges markets and raise taxes on some foreign capital inflows. President Dilma ROUSSEFF has retained the previous administration's commitment to inflation targeting by the central bank, a floating exchange rate, and fiscal restraint.

 

Source : CIA

 

 

 

Company name

 

M CASSAB COMÉRCIO E INDÚSTRIA LTDA

 

ADDRESSES:

 

MAIN ADDRESS:

AVENIDA DAS NAÇÕES UNIDAS, 20882 - VILA ALMEIDA

ZIP CODE/CITY:

04795-000 - SÃO PAULO/SP

 

 

PHONE:

11 2162-7660 / 11 2162-7833

FAX:

11 2162-7788

E-MAIL:

geraldo.gonçalves@mcassab.com.br

WEB SITE:

www.mcassab.com.br

 

BRANCHES:

 

 

 

ADDRESS:

SUNTIME INTERNATIONAL MANSION 14F - D,450 FU SHAN RD PUDONG

ZIP CODE/CITY:

200122 SHANGHAI / CHINA

 

 

ADDRESS:

RODOVIA BR 163,3023

ZIP CODE/CITY:

79060-230 CAMPO GRANDE/MS

 

 

ADDRESS:

RUA AMÉRICO VESPUCIO,815 - JARDIM PLATINA

ZIP CODE/CITY:

OSASCO/SP

 

 

REQUESTED ADDRESS:

RUA BLUMENAU,2020 - BARRA DO RIO

ZIP CODE/CITY:

88305-102 ITAJAÍ/SC

PHONE:

47 3246-1721

CNPJ:

49.698.723/0011-77

STATE REGISTER:

255158653

 

 

ADDRESS:

AVENIDA V,435 - DISTRITO INDUSTRIAL

ZIP CODE/CITY:

CUIABÁ/MT

 

 

ADDRESS:

AVENIDA C-255,270 - SETOR NOVA SUÍÇA

ZIP CODE/CITY:

GOIANIA/GO

 

 

ADDRESS:

RODOVIA BR 282, KM 500,0 - SEDE

ZIP CODE/CITY:

89820-000 XANXERE/SC

 

 

ADDRESS:

AVENIDA EIXO DE INTEGRAÇÃO,732 - SETOR M. CASSAB - BLOCO A - GALPÃO A1 E A2 - MURIBECA

ZIP CODE/CITY:

54360-000 JABOATÃO DOS GUARARAPES/PE

PHONE:

81 3476-1679

FAX:

81 3476-1679

CNPJ:

49.698.723/0007-90

 

 

ADDRESS:

ANDES 1362 ESC 310,0

ZIP CODE/CITY:

C.P. 11.1 MOTEVIDEO / URUGUAY

 

 

ADDRESS:

RUA ARACY TANAKA BIAZETTO,16600 PQ. INDUSTRIAL ALBINO NICOLAU SCHIMIDT

ZIP CODE/CITY:

CASCAVEL/PR

 

THE COMPANY ALSO HAS OTHER BRANCHES LOCATED IN VALINHOS/SP, SERRA/ES, SÃO PAULO/SP, RAFAINA/SP, JABOATÃO DOS GUARARAPES/PE , ITAJAÍ/SC AND SAN ISIDRO/ARGENTINA.

 

LEGAL DATA:

 

MAIN ACTIVITIES:

 

MANUFACTURE AND SALE OF CHEMICALS IN GENERAL.

 

LEGAL FORM:

LIMITED LIABILITY COMPANY

 

 

INCORPORATION DATE:

24/09/1974

REGISTER DATE:

24/09/1974

BALANCE SHEET FILING DATE:

31/12

TAX CONTRIBUTOR NUMBER(CNPJ):

49.698.723/0001-03

STATE REGISTER:

109.601.986.112

 

 

SHARE CAPITAL:

R$ 50.000.000,00

LAST REGISTER OF CAPITAL:

08/10/2010

 

BOARD OF DIRECTORS:

 

 

 

FÁBIO CUTAIT

MANAGER

CECÍLIA ELISABETH CASSAB CUTAIT

MANAGER

MÁRIO SÉRGIO CUTAIT

MANAGER

VICTOR CUTAIT NETO

MANAGER

ANDRÉ CUTAIT

MANAGER

ÂNGELA CUTAIT VASTO

MANAGER

 

AUTHORIZED USE OF SIGNATURE:

 

THE MANAGERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY.

 

SHAREHOLDERS / PARTNERS:

 

 

 

M. CASSAB HOLDING S/A

R$ 49.950.000,00

M. SHOP COMERCIAL LTDA

R$     50.000,00

 

AFFILIATES / SUBSIDIARIES:

 

 

 

VITACHEMIE ADMINISTRADORA DE BENS LTDA

 

M. SHOP COMERCIAL LTDA

 

M. CASSAB FOODS LTDA

 

M. BRINQ COMÉRCIO DE BRINQUEDOS LTDA

 

MAGOS COMÉRCIO DE UTILIDADES DOMÉSTICAS LTDA

 

M CASSAB FOODS LIMITADA

 

BARRERA PHARMA REPRESENTAÇÕES LTDA

 

 

COMPANY'S BACKGROUND:

 

IN 1928, FOUNDED UNDER THE NAME J. CASSAB COMERCIO E INDUSTRIA, IN THE CITY OF SÃO PAULO, M. CASSAB BEGAN BY ESTABLISHING A SOLID FOUNDATION FROM WHICH TO BUILD TOWARDS THE FUTURE.

 

THAT FOUNDATION HAS BEEN THE DETERMINATION TO CONSISTENTLY PROVIDE TOP QUALITY PRODUCTS AND SERVICES IN ORDER TO WIN THE TRUST AND RESPECT FROM BOTH DOMESTIC AND INTERNATIONAL MARKETS. THE RESULT HAS BEEN SOLID GROWTH IN EVERY SECTOR OF THE COMPANY'S ACTIVITY.

 

THE STRONG LINKS FORGED AMONG SERVICES RENDERED, TOTAL QUALITY, LONG-TERM PARTNERSHIPS, NATIONAL DISTRIBUTION AND HIGHLY TRAINED PERSONNEL, HAVE BEEN THE KEYS TO THE COMPANY'S EXCEPTIONAL VITALITY.

 

THE CURRENT REGISTERED NAME WAS ADOPTED ON SEPTEMBER 24, 1974 WHEN THE SUBJECT TOOK OVER THE FORMER J. CASSAB COMERCIO E INDUSTRIA LTDA AND SO FAR IT OPERATES WITHIN THE GENERAL SCENE REPORTED HEREIN.

 

TRADE NAME: "M CASSAB".

 

PARTNERS:

 

M. CASSAB HOLDING S/A: HEADQUARTERED AT RUA LAGUNA 365, SÃO PAULO/SP, REGISTRATION # NIRE 35214086118

 

M. SHOP COMERCIAL LTDA: HEADQUARTERED AT AV. NAÇÕES UNIDAS 20882, SALA 06, SÃO PAULO/SP, REGISTRATION # NIRE 35300333772

 

FURTHER DETAILS ARE SO FAR NOT KNOWN.

 

REMARKS:

--------

 

WHEN INTERVIEWED SOURCES AT THE SUBJECT STATED THAT ARE STILL WAITING FOR AUTHORIZATION FROM THE PRINCIPALS TO PROVIDE THE DATA NECESSARY TO COMPLETE THIS REPORT.

 

A REQUEST FOR FURTHER DATA HAS BEEN SENT TO THE COMPANY. PROVIDED THE DATA REQUESTED ARE RECEIVED FROM THE SUBJECT A COMPLEMENTARY REPORT WILL BE SEND TO YOUR ATTENTION.

 

THE DATA CONTAINED HEREIN WERE OBTAINED FROM OUTSIDE SOURCES, OUR DATABASE AND OFFICIAL. NO FURTHER DATA WAS AVAILABLE WITH SEVERAL SOURCES USUALLY INVESTIGATED.

 

PUBLIC INFORMATION

 

LAWSUITS:

 

 

 

DATE:

COURT OF LAW:

 

2

STATE LAWSUITS

18/11/10

3ª VARA DE CURITIBA/PR

1

FEDERAL LAWSUIT

04/05/10

1ª VARA DE SÃO PAULO/SP

 

(RESEARCH DATE: 11/03/2013)

 

FINANCIAL INFORMATION:

 

GENERAL BALANCE SHEETS AS OF 30/06/2012, 31/12/2011 AND 31/12/2010.

( FIGURES ARE IN REAIS ).

 

ASSETS

 

 

 

CURRENT:

30/06/2012

31/12/2011

31/12/2010

 

 

 

 

CASH AND BANKS

11.825.000,00

10.115.786,00

3.538.876,00

INVESTMENTS

 

 

6.711.973,00

CLIENTS

102.278.000,00

84.620.459,00

92.984.425,00

INVENTORY

109.117.000,00

113.204.774,00

64.164.338,00

ADVANCE TO SUPPLIERS

3.731.000,00

1.209.839,00

16.188.886,00

RECOVERABLE TAXES

8.977.000,00

9.660.562,00

9.928.762,00

PRE PAID EXPENSES

 

645.386,00

98.094,00

OTHER

1.221.000,00

 

 

 

----------------

----------------

----------------

TOTAL CURRENT ASSETS

237.149.000,00

219.456.806,00

193.615.354,00

 

LONG-TERM RECEIVABLES:

 

 

 

 

 

 

 

INTERCOMPANY CREDITS

11.301.000,00

20.815.935,00

745.195,00

JUDICIAL DEPOSITS

638.000,00

461.244,00

342.509,00

RECOVERABLE TAXES

9.023.000,00

7.838.622,00

 

 

----------------

----------------

----------------

TOTAL LONG-TERM RECEIVABLES

20.962.000,00

29.115.801,00

1.087.704,00

 

FIXED ASSETS:

 

 

 

 

 

 

 

INVESTMENTS

7.847.000,00

7.534.884,00

6.869.327,00

FIXED ASSETS

29.675.000,00

26.658.486,00

18.412.874,00

INTANGIBLE

3.277.000,00

3.185.665,00

3.455.869,00

 

----------------

----------------

----------------

TOTAL FIXED ASSETS

40.799.000,00

37.379.035,00

28.738.070,00

 

================

================

================

TOTAL ASSETS

298.910.000,00

285.951.642,00

223.441.128,00

 

LIABILITIES:

 

 

 

CURRENT:

30/06/2012

31/12/2011

31/12/2010

 

 

 

 

SUPPLIERS

69.351.000,00

77.750.952,00

75.296.818,00

LOANS AND FINANCING

50.147.000,00

94.994.368,00

66.888.151,00

LABOR OBLIGATIONS

10.998.000,00

7.729.892,00

1.617.969,00

TAXES & CONTRIBUTIONS

 

 

3.170.072,00

PROVISIONS

 

 

2.921.711,00

ADVANCE FROM CLIENTS

1.386.000,00

1.457.377,00

9.021.548,00

DEBT WITH RELATED PARTIES

 

5.886.024,00

678.449,00

DEFERRED INCOME

 

 

620.000,00

OTHER

99.000,00

501.552,00

26.222,00

 

----------------

----------------

----------------

TOTAL CURRENT LIABILITIES

131.981.000,00

188.320.165,00

160.240.940,00

 

LONG TERM LIABILITIES:

 

 

 

 

 

 

 

LOANS AND FINANCING

121.031.000,00

39.175.648,00

1.631.479,00

INSTALLMENTS TAXES PAYABLE

2.531.000,00

3.527.012,00

5.193.912,00

PROVISION FOR CONTINGENCIES

 

1.373.000,00

 

CREDIT FOR CAPITAL INCREASE

 

11.500,00

 

OTHER

1.373.000,00

380.000,00

332.163,00

 

----------------

----------------

----------------

TOTAL LONG TERM LIABILITIES

124.935.000,00

44.467.160,00

7.157.554,00

 

NET EQUITY:

 

 

 

 

 

 

 

SHARE CAPITAL

50.000.000,00

50.000.000,00

50.000.000,00

ACCRUED PROFIT (LOSS)

-8.218.000,00

2.951.024,00

1.210.870,00

PROFIT (LOSS) OF PERIOD

 

 

4.831.764,00

CUMULATIVE TRANSLATION ADJUSTMENT

213.000,00

213.293,00

 

 

----------------

----------------

----------------

TOTAL NET EQUITY

41.995.000,00

53.164.317,00

56.042.634,00

 

================

================

================

TOTAL LIABILITIES

298.911.000,00

285.951.642,00

223.441.128,00

 

PROFIT AND LOSS ACCOUNTS AS OF 30/06/2012, 31/12/2011 AND 31/12/2010.

( FIGURES ARE IN REAIS ).

 

 

30/06/2012

31/12/2011

31/12/2010

 

 

 

 

GROSS SALES

 

 

597.547.439,00

(-) TAXES ON SALES

 

 

117.495.466,00

 

----------------

----------------

----------------

NET SALES

305.197.000,00

560.743.069,00

480.051.973,00

(-) COST OF SOLD GOODS

252.994.000,00

455.748.081,00

398.732.189,00

 

----------------

----------------

----------------

GROSS PROFIT

52.203.000,00

104.994.988,00

81.319.784,00

OPERATING REVENUE (EXPENSE)

-51.121.000,00

-93.233.048,00

-79.304.902,00

FINANCIAL REVENUE(EXPENSE)

-12.140.000,00

-14.708.472,00

5.315.534,00

 

----------------

----------------

----------------

OPERATIONAL PROFIT (LOSS)

-11.058.000,00

-2.946.532,00

7.330.416,00

NON-OPERATING RESULT

-111.000,00

 

 

CONTRIBUTION/INCOME TAX

 

 

-2.498.652,00

 

----------------

----------------

----------------

NET PROFIT (LOSS)

-11.169.000,00

-2.946.532,00

4.831.764,00

 

RATIOS:

30/06/2012

31/12/2011

31/12/2010

 

QUICK RATIO

,97

 

,56

 

,81

 

CURRENT RATIO

1,80

 

1,17

 

1,21

 

ACCOUNTS RECEIVABLE TURNOVER

2,98

TIMES

6,63

TIMES

5,16

TIMES

DAYS' SALES IN RECEIVABLES

60,32

DAYS

54,33

DAYS

69,73

DAYS

INVENTORY TURNOVER

2,32

TIMES

4,03

TIMES

6,21

TIMES

ACCOUNTS PAYABLE PERIOD

49,34

DAYS

61,42

DAYS

67,98

DAYS

RETURN ON ASSETS

1,02

TIMES

1,96

TIMES

2,15

TIMES

SALES TURNOVER ON NET EQUITY

7,27

TIMES

10,55

TIMES

8,57

TIMES

NET WORTH TIE-UP

,71

 

,50

 

,33

 

INDEBTEDNESS

6,12

 

4,38

 

2,99

 

EQUITY RATIO

14,05

%

18,59

%

25,08

%

WORKING CAPITAL RATIO

79,68

%

16,53

%

20,83

%

GENERAL SOLVENCY

1,16

 

1,23

 

1,33

 

RETURN ON NET EQUITY

-26,60

%

-5,54

%

8,62

%

RETURN ON SALES (PROFIT MARGIN)

-3,66

%

-,53

%

1,01

%

GROSS PROFIT MARGIN

17,10

%

18,72

%

16,94

%

OPERATIONAL RESULT

-3,62

%

-,53

%

1,53

%

SALES TURNOVER ON LIABILITIES

2,31

TIMES

2,98

TIMES

3,00

TIMES

FOREIGN CURRENCY ON ASSETS

 

 

 

 

 

 

FOREIGN CURRENCY ON LIABILITIES

 

 

 

 

 

 

 

EXCHANGE RATE:

 

 

US$ 1,00 = R$ 1,95

 - OFFICIAL RATE ON 11/03/2013

US$ 1,00 = R$ 2,02

 - OFFICIAL RATE ON 30/06/2012

US$ 1,00 = R$ 1,87

 - OFFICIAL RATE ON 31/12/2011

US$ 1,00 = R$ 1,66

 - OFFICIAL RATE ON 31/12/2010

 

COMMENTS ON THE FINANCIAL INFORMATION:

 

FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS.

 

THE ANNUAL FIGURES FOR 2011 SHOW A FAIR FINANCIAL STANDING. THE LEVEL OF INDEBTEDNESS WAS VERY HIGH BUT IT HAD NORMAL CURRENT RATIO AND GOOD WORKING CAPITAL AMOUNT, CONSIDERED ENOUGH TO COVER THE SHORT-TERM LIABILITIES. IN ADDITION IT SHOWED HIGH SALES GROWTH BUT THE INCREASE IN FINANCIAL EXPENSES DROVE THE COMPANY TO MAKE LOSS.

 

THE INTERIM FIGURES FOR JUNE 2012 SHOW HIGH LEVEL OF INDEBTEDNESS BUT THE CURRENT RATIO IS GOOD. IT ALSO SHOWS GROWING SALES TREND BUT THE COSTS AND EXPENSES INCREASED AND LED THE COMPANY TO MAKE LOSS AGAIN.

 

REAL ESTATE

 

 OWNED PREMISES ARE VALUED AT R$ 102.600.000,00

 

VEHICLES

 

  NOT AVAILABLE

 

MACHINES

 

  NOT AVAILABLE

 

INSURANCE

 

INSURANCE COMPANY:

TOKIO MARINE

COVERAGE:

VEHICLES

EXPIRATION:

26/02/2012

VALUE:

R$ 2.660.000,00

 

 

INSURANCE COMPANY:

LIBERTY

COVERAGE:

EQUITY - MULT RISK

EXPIRATION:

23/03/2012

VALUE:

R$ 167.537.000,00

 

 

INSURANCE COMPANY:

TOKIO MARINE

COVERAGE:

CARGO

EXPIRATION:

17/09/2011

VALUE:

R$ 500.000,00

 

BANKING REFERENCES

 

 

BRANCH/PHONE:

CITY:

BANCO DO BRASIL S/A

3132-1 / 11 2128-7209

SÃO PAULO/SP

BANCO BRADESCO S/A

3396-0 / 11 2178-4147

SANTO AMARO/SP

HSBC BANK BRASIL S/A

001   / 11 3847-5197

 

BANCO ITAÚ S/A

262    / 11 2172-8051

SÃO PAULO/SP

BANCO SANTANDER S/A

2175   / 11 3553-2534

 

 

REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW PROHIBITION WE ARE UNABLE TO PROVIDE ANY BANKING DETAILS.

 

ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL REPORT, THE COMPANY HAS NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682 BRAZILIAN CENTRAL BANK"). DATE RESEARCHED: MARCH 11, 2013.

 

ACTIVITIES COMMENTS

 

THE COMPANY IS ENGAGED IN THE MANUFACTURE AND SALES OF CHEMICALS IN GENERAL.

 

IT HAS THE FOLLOWING DIVISIONS:

 

ANIMAL NUTRITION

HUMAN NUTRITION

CHEMICAL INDUSTRY

PHARMACEUTICAL

COSMETIC

HOUSE PRODUCTS

 

IMPORT AND EXPORT

 

IMPORTS FROM:

INDIA, AUSTRIA, CHINA, UNITED STATES, ARGENTINA, GERMANY, DENMARK, HOLLAND, CHILE, SWEDEN, FRANCE, SINGAPORE, BELGIUM, JAPAN, TAIWAN, ENGLAND AND KOREA.

 

EXPORTS TO:

SAUDI ARABIA, FRANCE AND PORTUGAL.

 

MAIN CLIENTS:

 

 

 

 

 

DOMESTIC CLIENTS:

 

PHONE:

B2W COMPANHIA GLOBAL DE VAREJO

 

21 2206-6321

BRF - BRASIL FOODS S/A

 

49 3533-9611

BUNGE ALIMENTOS S/A

 

47 3331-2558

COOPERATIVA LANGUIRU LTDA

 

51 3762-5600

DA BARRA ALIMENTOS LTDA

 

19 3403-2188

EMS IND. FARMACÊUTICA

 

19 3887-9978

EVIALIS DO BRASIL NUTRIÇÃO ANIMAL LTDA

 

19 3884-9850

FAST SHOP COMERCIAL LTDA

 

11 3232-3075

FATEC S/A

 

11 2168-9525

HIPERMARCAS

 

11 3238-8884

IGL

 

19 3876-7113

JBS S/A

 

17 3321-4400

JEANS STORE COMERCIAL LTDA

 

21 3326-2440

LOJAS BLUMENAU TXTIL E UTIL. LTDA

 

11 3322-1717

L`OREAL (PROCOSA)

 

21 2131-6164

MARFRIG FRIGO E COM. DE ALIMENTOS S/A

 

14 3541-0099

MAXMIX COMERCIAL LTDA

 

21 3326-2439

NATURA COSMETICOS S.A.

 

11 4446-4000

NUTRON ALIMENTOS

 

19 2102-5084

NYCOMED PHARMA LTDA

 

19 3847-5526

PBKIDS BRINQUEDOS LTDA

 

11 3819-2511

PERDIGÃO

 

49 3555-1222

PONTOFRIO.COM COMERCIO ELETRON. S/A

 

21 2472-8428

PPG INDL DO BRASIL TINTAS E VERNIZES

 

19 2103-6000

PRO HOME COM. MAD. FERR. E UTENS. LTDA

 

11 2189-1000

RI HAPPY BRINQUEDOS LTDA

 

11 6914-7504

RI HAPPY BRINQUEDOS LTDA.

 

 

SCHENECTADY BRASIL LTDA

 

19 3535-9815

SHERWIN WILLIANS BRASIL IND. COM. LTDA

 

11 2137-5000

SOCIEDADE COML E EMPORT. HERMES S/A

 

21 3541-3261

TIRRENO IND. COM. DE PRODS. QUÍMICOS LTDA

 

11 4053-3333

TORTUGA CIA ZOOTÉCNICA AGRÁRIA

 

11 2117-7781

UNILEVER BRA HIGIENE PESSOAL E LIMPEZA

 

19 3876-7113

UNILEVER BRASIL INDUSTRIAL LTDA

 

19 3876-7170

UTILPLAST COM DE PLAST LTDA

 

11 3081-3397

WAL MART BRASIL S.A.

 

21 3326-2441

WMS SUPERMERCADOS DO BRASIL LTDA

 

21 3326-2441

 

FOREIGN CLIENTS:

COUNTRY:

 

CED - COMPAGNIE EUROPÉENNE DISTRIB.

FRANCE

 

NUNAAT INC.

MIAMI/USA

 

POLIRESINAS SAN LUIS S/A

BUENOS AIRES/ARGENTINA

 

PORTAL IMPORTAÇÃO E EXPORTAÇÃO LTDA

SINTRA/PORTUGAL

 

PRODUCTORA LA FLORIDA S/A

SAN JOSE/COSTA RICA

 

ROWAIE COSMETICS TRADING

SAUDI ARABIA

 

RP MODA E ACESSORIOS PROFISSIONAIS

PORTUGAL

 

YAMA BOLIVIA

SANTA CRUZ/BOLIVIA

 

 

STAFF:

 

THE COMPANY HAS: 1200 EMPLOYEE(S)

 

CONCEPT AND FULFILMENT

 

THE SUBJECT IS AN OLD AND WELL-ESTABLISHED COMPANY OPERATING WITH A CLEAR TRADE HISTORY AND GOOD PAYMENT BEHAVIOR. IT IS FAMILY OWNED AND OPERATES WITH AN EXPRESSIVE SCALE OF ACTIVITIES AND AN EXCELLENT REPUTATION.

 

THE COMPANY HAS TRADE RELATIONS WITH SEVERAL SUPPLIERS IN BRAZIL AND UP TO DATE NO PAYMENT PROBLEMS ARE NOTED. THE SUPPLIERS REPORTED THAT EXTEND CREDIT FACILITIES TO THE COMPANY IN TERMS AND AMOUNTS ACCORDING TO THE COMPANY'S NEEDS.

 

THE LAWSUITS REPORTED ARE NOT RELATED WITH TRADE DEBTS. THEY ARE RELATED TO TAX DEBTS THAT FOR ANY REASON THE COMPANY HAS NOT YET PAID. NEVERTHELESS WE POINT OUT THAT THE SAID LAWSUITS DO NOT AFFECT THE COMPANY'S TRADE REPUTATION.

 

MAIN SUPPLIERS:

 

 

 

 

 

DOMESTIC SUPPLIERS:

 

PHONE:

ADISSEO BRASIL LTDA

 

11 3741-8835

AJINOMOTO BIOLATINA COM. IND. LTDA

 

11 5579-6971

APC DO BRASIL

 

19 3402-4502

ARC INTERNATIONAL BRASIL

 

11 3709-1037

BARBARA ENGENHARIA E CONSTRUTORA LTDA

 

11 2114-1235

BASF BRASILEIRA S/A

 

11 4343-2857

BRASILIA ALIMENTOS LTDA

 

 

BUNGE FERTILIZANTES S/A

 

41 3918-7382

CARBOCLORO S/A IND. QUÍMICAS

 

11 3845-7677

CHR HANSEN IND COM LTDA

 

 

CONSTRUTORA E INCORPORADORA LTDA

 

11 3887-4077

COSAN ALIMENTOS

 

11 3816-9469

COTIA FOODS

 

11 2842-3000

DOW BRASIL S/A

 

11 5188-9375

DSM PRODUTOS NUTRICIONAIS BRASIL LTDA

 

11 3719-4607

ELI LILLY DO BRASIL LTDA

 

11 5532-6800

EVONIK DEGUSSA

 

11 3146-4136

IQ SOLUÇÕES & QUIMICA S/A

 

 

NESTLE BRASIL LTDA

 

11 3061-6531

OXITENO NORDESTE S/A INDÚSTRIA E COMÉRCIO

 

11 3177-6942

PETROLEO BRASILEIRO S/A PETROBRAS

 

71 3642-4708

PHIBRO SAÚDE ANIMAL

 

11 6472-4444

PRODUQUIMICA IND. COM. LTDA

 

11 3016-9605

PROT-CAP ARTIG/PROTEÇÃO INDL LTDA

 

 

QUÍMICA GERAL DO NORDESTE

 

21 2534-0077

S.Q.M. BRASIL LTDA

 

11 4133-7207

SHEEL BRASIL LTDA

 

11 3089-5236

ST JAMES INDUSTRIAL LTDA

 

11 6955-5344

TINTAS MC LTDA

 

 

TRAMONTINA SUDESTE S/A

 

11 4197-1266

VICUNHA TÊXTIL S/A

 

19 3471-2133

WHIRLPOOL S/A

 

11 3566-1000

 

FOREIGN SUPPLIERS:

COUNTRY:

 

A.H.A. INTERNATIONAL CO. LTD

CHINA

 

A.P.C. AMERICAN PROTEIN CO.

UNITED STATES

 

AARTI DRUGS LTD

INDIA

 

AGROLINZ MELAMIN GMBH

AUSTRIA

 

AJINOMOTO HEARTLAND, LLC

UNITED STATES

 

ANHUI BBCA BIOCHEMICAL CO. LTD

CHINA

 

ANNO CHEMICALS NV

BELGIUM

 

APC AMERICAN PROTEIN CO. IQA

UNITED STATES

 

ARMOUR POLYMERS LIMITED

INDIA

 

ATANOR S/A

ARGENTINA

 

ATLANTIC CHEMICAL TRADING GMBH

GERMANY

 

BASF AG

GERMANY

 

BASF CORPORATION

UNITED STATES

 

BASF HEALTH 7 NUTRITION A/S

DENMARK

 

BIESTERFELD SIEMSGLUES INTERNATIONAL GMBH

GERMANY

 

BIOSOLUTIONS CO., LTD

CHINA

 

BRUNO BOCK CHEMICHE FABRIC GMBH & CO.

GERMANY

 

CABOT GMBH

GERMANY

 

CALDIC CHEMIE

HOLLAND

 

CHANGZHOU PHARMACEUTICAL FACTORY

CHINA

 

CHEMLINE HELTHCARE AMARAL & CO

SWITZERLAND

 

CHENGDU TAIXIAO CHEMICAL AND INDL LTD

CHINA

 

CHINA JIANGSU MEDICINES & HEALTH GROUP

CHINA

 

CHINA VITAMINS LLC

UNITED STATES

 

COFACE INSURANCE CO.

FRANCE

 

D.S.M.

HOLLAND

 

DALBO GMBH CHEMIEHANDEL

GERMANY

 

DALIAN FTZ WENDA INTERNATIONAL TRADE

CHINA

 

DEGUSSA AG.

GERMANY

 

DELATRADE HANDELS GMBH

GERMANY

 

DSM SPECIAL PROCUCTS

HOLLAND

 

EASTMAN CHEMICAL LTD

UNITED STATES

 

ECOGREEN OLECHEMICALS LTD

SINGAPORE

 

EMSA WERKE WVLF GMBH & CO.

GERMANY

 

EUROLYSIN

FRANCE

 

HACHEMIE HAMB. CHEM. GESELLSCHAFT. MBH

GERMANY

 

HELM AG

GERMANY

 

HERMES INSURANCE CO

GERMANY

 

IMPEXTRACO N.V.

BELGIUM

 

INDUKERN

SPAIN

 

ITACOLOR

HOLLAND

 

ITOCHU TECHNO - CHEMICAL INC.

JAPAN

 

JEBSEN & JESSEN

GERMANY

 

K.D.FEDDEERSEN

GERMANY

 

MITSUI & CO LTD

JAPAN

 

NEPERA INC

UNITED STATES

 

NOVENO KALAMA

UNITED STATES

 

ODDA SMELTEVERK A/S

NORWAY

 

UENO FINE CHIMICALS

JAPAN

 

VOEST ALPINE

AUSTRIA

 

 

PAYMENT HISTORY

 

9 SUPPLIERS REPORTED PAYMENTS:

   TOTAL AMOUNT:  R$ 701.905,00

 

AMOUNT OF INVOICES PAID: 139

TOTAL OF PROMPT PAYMENTS: 98,9%

TOTAL OF DELAYED PAYMENTS: 1,1%

 

HIGHEST INVOICE: R$ 22.807,00

HIGHEST CREDIT: R$ 22.807,00

 

OUTSTANDING INVOICES DUE WITHIN THE NEXT 60 DAYS:

 

---------------------------

SUPPLIERS:

INVOICES:

TOTAL AMOUNT:

DUE WITHIN 30 DAYS

2

14

R$ 57.535,17

DUE WITHIN 60 DAYS

1

1

R$ 5.365,20

ALL

2

15

R$ 62.900,37

 

FINAL OPINION

 

IT OPERATES WITH A CLEAR TRADE HISTORY AND AN EXCELLENT REPUTATION. THE FINANCIAL SITUATION IS FAIR AND THE TRADE COMMITMENTS ARE MET ON TIME.

 

BASED ON THE OVERALL INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD TRADE RELATIONS MAY BE ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED WITHIN TERMS AND AMOUNTS ADEQUATE TO THE COMPANY'S SIZE AND FINANCIAL STRENGTH.

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.16

UK Pound

1

Rs.81.74

Euro

1

Rs.70.50

 

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%)

 

 

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.