MIRA INFORM REPORT
|
Report Date : |
15.05.2013 |
IDENTIFICATION DETAILS
|
Name : |
SOLVIN |
|
|
|
|
Registered Office : |
Rue de Ransbeek 310
Bruxelles, 1120 |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
1999 |
|
|
|
|
Com. Reg. No.: |
466279394 |
|
|
|
|
Legal Form : |
Private Subsidiary |
|
|
|
|
Line of Business : |
Manufacture of plastics in primary forms |
|
|
|
|
No. of Employees : |
192 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No Complaints |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Belgium |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Belgium - ECONOMIC OVERVIEW
This modern, open, and private-enterprise-based economy has
capitalized on its central geographic location, highly developed transport network,
and diversified industrial and commercial base. Industry is concentrated mainly
in the more heavily-populated region of Flanders in the north. With few natural
resources, Belgium imports substantial quantities of raw materials and exports
a large volume of manufactures, making its economy vulnerable to volatility in
world markets. Roughly three-quarters of Belgium's trade is with other EU
countries, and Belgium has benefited most from its proximity to Germany. In
2011 Belgian GDP grew by 1.8%, the unemployment rate decreased slightly to 7.2%
from 8.3% the previous year, and the government reduced the budget deficit from
a peak of 6% of GDP in 2009 to 4.2% in 2011 and 3.3% in 2012. Fourth quarter
GDP growth in 2012 was at -0.1%, the third consecutive quarter of negative
growth. This brought economic growth for the whole of 2012 to negative 0.2%. It
also left Belgium on the brink of a possible recession at the end of 2012.
However, at year's end, the government appeared close to meeting its 2012 budget
deficit goal of 3% of GDP. Despite the relative improvement in Belgium's budget
deficit, public debt hovers around 100% of GDP, a factor that has contributed
to investor perceptions that the country is increasingly vulnerable to
spillover from the euro-zone crisis. Belgian banks were severely affected by
the international financial crisis in 2008 with three major banks receiving
capital injections from the government, and the nationalization of the Belgian
retail arm of a Franco-Belgian bank.
|
Source : CIA |
COMPANY NAME AND ADDRESS
SOLVIN
Rue de Ransbeek 310
Bruxelles, 1120
Belgium
Tel: 02 264 28 22
Fax: 02 264 20 24
Website: www.solvinpvc.com
Employees: 192
Company Type: Private Subsidiary
Corporate Family: 309 Companies
Ultimate Parent: Solvay S.A.
Incorporation Date: 1999
Financials in: USD
(In Millions)
Fiscal Year End: 31-Dec-2011
Reporting Currency: Euro
Annual Sales: 859.1 1
Total Assets: 309.8
Business Description
Plastics Mfr; Management of PVC Sales & Supply
Industry
|
Industry |
|
|
ANZSIC 2006: |
|
|
NACE 2002: |
|
|
NAICS 2002: |
|
|
UK SIC 2003: |
|
|
UK SIC 2007: |
|
|
US SIC 1987: |
2821 - Plastics Materials, Synthetic
Resins, and Nonvulcanizable Elastomers |
Key Executives
|
Name |
Title |
|
Pierre Tucoulat |
CEO |
|
Dirk Willaert |
Manager-Sales |
|
Alain Hanneuse |
Administrator, Everyday management
responsible |
|
Eric Joseph Benoit Nys |
Representative/Auditor |
|
Jean-Marc Michel Louise Ghislain
Chamberland |
Agent |
News
|
Title |
Date |
|
Solvay hails world's largest fuel
cell of type in Flanders |
6-Feb-2012 |
|
SOLVAY HAS SUCCESSFULLY
COMMISSIONED THE LARGEST PEM FUEL CELL IN THE WORLD AT SOLVIN'S ANTWERP PLANT |
6-Feb-2012 |
Registered No.(VAT): 466279394
1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7191895
2 - Balance Sheet Item Exchange Rate:
USD 1 = EUR 0.770327
Location
Rue de Ransbeek 310
Bruxelles, 1120
Belgium
Tel: 02
264 28 22
Fax: 02
264 20 24
Website: www.solvinpvc.com
Sales EUR(mil): 617.8
Assets EUR(mil): 238.6
Employees: 192
Fiscal Year End: 31-Dec-2011
Industry: Chemicals
- Plastics and Rubber
Incorporation Date: 1999
Company Type: Private
Subsidiary
Quoted Status: Not
Quoted
Registered No.(VAT): 466279394
CEO : Pierre
Tucoulat
Industry
Codes
|
ANZSIC 2006 Codes: |
||
|
1821 |
- |
Synthetic Resin
and Synthetic Rubber Manufacturing |
|
NACE 2002 Codes: |
||
|
2416 |
- |
Manufacture of
plastics in primary forms |
|
NAICS 2002 Codes: |
||
|
325211 |
- |
Plastics Material
and Resin Manufacturing |
|
US SIC 1987: |
||
|
2821 |
- |
Plastics Materials,
Synthetic Resins, and Nonvulcanizable Elastomers |
|
UK SIC 2003: |
||
|
2416 |
- |
Manufacture of
plastics in primary forms |
|
UK SIC 2007: |
||
|
2016 |
- |
Manufacture of
plastics in primary forms |
Business
Description
Wholesale of chemical products
More Business Descriptions
Production of PVC and PVDC vinyls
Plastics Mfr; Management of PVC Sales & Supply
Financial
Data
|
Financials in: |
EUR(mil) |
1 Year Growth |
|
Revenue: |
617.8 |
NA |
|
Assets: |
238.6 |
NA |
|
Current Assets: |
222.0 |
|
|
Fixed Assets: |
16.6 |
|
|
Total Liabilities: |
238.6 |
|
|
Issued Capital: |
15.3 |
|
|
Net Worth: |
38.8 |
|
|
|
|
|
|
Date of Financial Data: |
31-Dec-2011 |
|
Corporate
Structure News
Solvin
Total Corporate Family Members: 309
|
Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
Bruxelles |
Belgium |
Chemicals - Plastics and Rubber |
11,275.2 |
31,000 |
|
|
Acquisition of Sunshield Chemicals Ltd
proposed/announced.See corporate
structure news on Solvay S.A. for details |
||||||
|
Subsidiary |
Taboao Da Serra, Sao Paulo |
Brazil |
Biotechnology and Drugs |
|
33,000 |
|
|
Subsidiary |
Dombasle-sur-Meurthe |
France |
Chemical Manufacturing |
|
5,000 |
|
|
Subsidiary |
Brussels |
Belgium |
Chemical Manufacturing |
|
3,000 |
|
|
Subsidiary |
Bruxelles |
Belgium |
Fabricated Plastic and Rubber |
|
3,000 |
|
|
Subsidiary |
Hannover |
Germany |
Chemical Manufacturing |
1,554.5 |
2,440 |
|
|
Subsidiary |
Hannover |
Germany |
Business Services |
2,556.8 |
4,914 |
|
|
Subsidiary |
Shanghai |
China |
Biotechnology and Drugs |
|
500 |
|
|
Subsidiary |
Munich |
Germany |
Fabricated Plastic and Rubber |
75.0 |
400 |
|
|
Subsidiary |
Massa |
Italy |
Chemical Manufacturing |
|
145 |
|
|
Subsidiary |
Seoul, Ulsan City |
Korea, Republic of |
Chemical Manufacturing |
|
110 |
|
|
Subsidiary |
Chaillac |
France |
Non-Metallic Mining |
|
47 |
|
|
Subsidiary |
Milano, MI |
Italy |
Chemical Manufacturing |
406.2 |
2,225 |
|
|
Subsidiary |
Sao Paulo, SP |
Brazil |
Chemical Manufacturing |
4.5 |
2,000 |
|
|
Subsidiary |
Mumbai |
India |
Chemical Manufacturing |
1.0 |
1,500 |
|
|
Subsidiary |
Croydon |
United Kingdom |
Chemical Manufacturing |
|
1 |
|
|
Subsidiary |
Bharuch, Gujarat |
India |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Weesp |
Netherlands |
Chemical Manufacturing |
|
1,500 |
|
|
Subsidiary |
Paris |
France |
Chemical Manufacturing |
407.1 |
1,499 |
|
|
Subsidiary |
Hannover |
Germany |
Chemical Manufacturing |
|
1,400 |
|
|
Subsidiary |
Hannover |
Germany |
Business Services |
|
1,100 |
|
|
Subsidiary |
Weesp |
Netherlands |
Biotechnology and Drugs |
|
1,000 |
|
|
Subsidiary |
Bollate, MI |
Italy |
Chemical Manufacturing |
510.4 |
958 |
|
|
Subsidiary |
Bollate, Milano |
Italy |
Business Services |
16.1 |
27 |
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Chemical Manufacturing |
102.3 |
|
|
|
Subsidiary |
Devnya |
Bulgaria |
Chemical Manufacturing |
|
928 |
|
|
Subsidiary |
Rheinberg |
Germany |
Chemical Manufacturing |
|
800 |
|
|
Subsidiary |
Rheinberg |
Germany |
Chemical Manufacturing |
|
800 |
|
|
Subsidiary |
Rosignano Marittimo |
Italy |
Chemical Manufacturing |
1.0 |
700 |
|
|
Subsidiary |
Brussels |
Belgium |
Chemical Manufacturing |
|
700 |
|
|
Subsidiary |
Bollate |
Italy |
Chemical Manufacturing |
409.1 |
677 |
|
|
Subsidiary |
Bussi Sul Tirino, Pescara |
Italy |
Chemical Manufacturing |
39.1 |
155 |
|
|
Subsidiary |
Bollate, Milano |
Italy |
Biotechnology and Drugs |
3.1 |
17 |
|
|
Subsidiary |
Rosignano Marittimo, Livorno |
Italy |
Water Transportation |
1.4 |
6 |
|
|
Subsidiary |
Monfalcone |
Italy |
Fabricated Plastic and Rubber |
75.0 |
|
|
|
Subsidiary |
Bruxelles |
Belgium |
Chemicals - Plastics and Rubber |
714.8 |
615 |
|
|
Subsidiary |
Brussels |
Belgium |
Biotechnology and Drugs |
|
600 |
|
|
Subsidiary |
Barreda-Torrelavega |
Spain |
Chemical Manufacturing |
|
600 |
|
|
Subsidiary |
Mumbai, Maharashtra |
India |
Biotechnology and Drugs |
38.6 |
559 |
|
|
Subsidiary |
Martorell, Barcelona |
Spain |
Chemical Manufacturing |
237.4 |
506 |
|
|
Subsidiary |
Suresnes |
France |
Biotechnology and Drugs |
245.4 |
476 |
|
|
Subsidiary |
Bangkok |
Thailand |
Chemicals - Plastics and Rubber |
462.5 |
464 |
|
|
Subsidiary |
Bernburg |
Germany |
Chemical Manufacturing |
1.0 |
420 |
|
|
Subsidiary |
Osasco, SP |
Brazil |
Chemicals - Plastics and Rubber |
202.5 |
410 |
|
|
Subsidiary |
Buenos Aires |
Argentina |
Chemicals - Plastics and Rubber |
767.6 |
383 |
|
|
Subsidiary |
Ciudad De Buenos Aires |
Argentina |
Electric Utilities |
60.8 |
1 |
|
|
Subsidiary |
Paris |
France |
Chemical Manufacturing |
161.9 |
374 |
|
|
Subsidiary |
Bahia Blanca |
Argentina |
Chemical Manufacturing |
|
370 |
|
|
Subsidiary |
Dijon |
France |
Biotechnology and Drugs |
239.2 |
342 |
|
|
Subsidiary |
Sulzbach, Saarland |
Germany |
Biotechnology and Drugs |
|
2 |
|
|
Subsidiary |
Houston, TX |
United States |
Chemicals - Plastics and Rubber |
1,750.0 |
300 |
|
|
Subsidiary |
Baltimore, MD |
United States |
Containers and Packaging |
70.0 |
350 |
|
|
Branch |
Reno, NV |
United States |
Fabricated Plastic and Rubber |
2.3 |
10 |
|
|
Branch |
Doylestown, PA |
United States |
Miscellaneous Capital Goods |
2.8 |
3 |
|
|
Subsidiary |
Marietta, OH |
United States |
Schools |
249.9 |
236 |
|
|
Subsidiary |
Alpharetta, GA |
United States |
Chemicals - Plastics and Rubber |
125.0 |
200 |
|
|
Branch |
Augusta, GA |
United States |
Chemicals - Plastics and Rubber |
215.4 |
200 |
|
|
Branch |
Bay St Louis, MS |
United States |
Chemical Manufacturing |
5.0 |
5 |
|
|
Branch |
Greenville, SC |
United States |
Business Services |
|
4 |
|
|
Branch |
Alpharetta, GA |
United States |
Business Services |
|
4 |
|
|
Subsidiary |
West Deptford, NJ |
United States |
Fabricated Plastic and Rubber |
171.0 |
150 |
|
|
Branch |
Orange, TX |
United States |
Chemicals - Plastics and Rubber |
71.1 |
66 |
|
|
Branch |
Marshallton, DE |
United States |
Chemicals - Plastics and Rubber |
21.5 |
20 |
|
|
Branch |
Commerce Twp, MI |
United States |
Chemicals - Plastics and Rubber |
8.6 |
8 |
|
|
Subsidiary |
Newark, DE |
United States |
Chemicals - Plastics and Rubber |
8.6 |
8 |
|
|
Subsidiary |
Houston, TX |
United States |
Chemicals - Plastics and Rubber |
125.0 |
150 |
|
|
Branch |
Green River, WY |
United States |
Chemical Manufacturing |
426.4 |
426 |
|
|
Branch |
Longview, WA |
United States |
Chemical Manufacturing |
55.1 |
55 |
|
|
Branch |
La Porte, TX |
United States |
Chemical Manufacturing |
27.5 |
50 |
|
|
Branch |
Parachute, CO |
United States |
Retail (Specialty) |
4.6 |
23 |
|
|
Branch |
Rock Springs, WY |
United States |
Chemical Manufacturing |
5.0 |
5 |
|
|
Branch |
Wadsworth, OH |
United States |
Chemical Manufacturing |
1.0 |
1 |
|
|
Subsidiary |
Cincinnati, OH |
United States |
Biotechnology and Drugs |
69.7 |
50 |
|
|
Subsidiary |
Torrance, CA |
United States |
Biotechnology and Drugs |
8.2 |
19 |
|
|
Subsidiary |
Houston, TX |
United States |
Chemical Manufacturing |
|
10 |
|
|
Branch |
East St Louis, IL |
United States |
Chemical Manufacturing |
16.5 |
30 |
|
|
Subsidiary |
Hannover |
Germany |
Chemical Manufacturing |
|
300 |
|
|
Subsidiary |
Póvoa de Santa Ira |
Portugal |
Chemical Manufacturing |
76.1 |
282 |
|
|
Subsidiary |
Warrington |
United Kingdom |
Commercial Banks |
|
7 |
|
|
Subsidiary |
Warrington |
United Kingdom |
Business Services |
2.5 |
8 |
|
|
Affiliates |
Budapest |
Hungary |
Chemical Manufacturing |
|
280 |
|
|
Subsidiary |
Paris |
France |
Chemical Manufacturing |
|
200 |
|
|
Subsidiary |
Monfalcone |
Italy |
Fabricated Plastic and Rubber |
|
200 |
|
|
Subsidiary |
Oudenaarde |
Belgium |
Chemicals - Plastics and Rubber |
|
200 |
|
|
Subsidiary |
Bruxelles |
Belgium |
Chemicals - Plastics and Rubber |
859.1 |
192 |
|
|
Subsidiary |
Barcelona, Martorell |
Spain |
Chemicals - Plastics and Rubber |
|
400 |
|
|
Subsidiary |
Rheinberg |
Germany |
Chemicals - Plastics and Rubber |
|
200 |
|
|
Subsidiary |
Tavaux |
France |
Chemicals - Plastics and Rubber |
|
100 |
|
|
Joint Venture |
Kstovo |
Russian Federation |
Chemical Manufacturing |
|
|
|
|
Affiliates |
Istanbul |
Turkey |
Fabricated Plastic and Rubber |
51.0 |
150 |
|
|
Subsidiary |
Ciudad Juárez, Chihuahua |
Mexico |
Chemical Manufacturing |
30.0 |
150 |
|
|
Subsidiary |
Martorell, Barcelona |
Spain |
Fabricated Plastic and Rubber |
85.4 |
140 |
|
|
Subsidiary |
Paris |
France |
Chemicals - Plastics and Rubber |
86.3 |
121 |
|
|
Subsidiary |
Quetigny |
France |
Chemical Manufacturing |
|
120 |
|
|
Subsidiary |
Massa, MS |
Italy |
Chemical Manufacturing |
64.1 |
117 |
|
|
Subsidiary |
Venezia, Venezia |
Italy |
Chemical Manufacturing |
77.4 |
74 |
|
|
Subsidiary |
Warrington |
United Kingdom |
Chemical Manufacturing |
49.6 |
116 |
|
|
Subsidiary |
Paris |
France |
Chemical Manufacturing |
44.2 |
112 |
|
|
Subsidiary |
Paris |
France |
Electric Utilities |
724.4 |
57 |
|
|
Acquisition of Orbeo proposed/announced.See
corporate
structure news on Solvay S.A. for details |
||||||
|
Subsidiary |
Paris |
France |
Chemical Manufacturing |
307.0 |
|
|
|
Subsidiary |
Zurzach |
Switzerland |
Chemical Manufacturing |
|
106 |
|
|
Subsidiary |
Buenos Aires |
Argentina |
Auto and Truck Parts |
|
103 |
|
|
Subsidiary |
São Paulo, SP |
Brazil |
Chemical Manufacturing |
651.5 |
100 |
|
|
Subsidiary |
Sao Paulo, SP |
Brazil |
Chemical Manufacturing |
32.9 |
100 |
|
|
Subsidiary |
Curitiba, PR |
Brazil |
Chemical Manufacturing |
|
100 |
|
|
Subsidiary |
Paris |
France |
Chemical Manufacturing |
31.1 |
85 |
|
|
Subsidiary |
Lisbon |
Portugal |
Biotechnology and Drugs |
|
80 |
|
|
Subsidiary |
Parma |
Italy |
Chemical Manufacturing |
|
80 |
|
|
Subsidiary |
Voikkaa |
Finland |
Chemical Manufacturing |
|
70 |
|
|
Subsidiary |
Bruxelles |
Belgium |
Chemical Manufacturing |
71.8 |
67 |
|
|
Subsidiary |
Barcelona |
Spain |
Chemicals - Plastics and Rubber |
57.8 |
67 |
|
|
Subsidiary |
Bergisch Gladbach |
Germany |
Biotechnology and Drugs |
13.1 |
64 |
|
|
Subsidiary |
Bad Lauterberg Im Harz, Niedersachsen |
Germany |
Chemical Manufacturing |
|
60 |
|
|
Subsidiary |
Bad Hönningen, Rheinland-Pfalz |
Germany |
Beverages (Non-Alcoholic) |
|
60 |
|
|
Subsidiary |
Martorell, Barcelona |
Spain |
Chemical Manufacturing |
28.1 |
56 |
|
|
Subsidiary |
Wien |
Austria |
Chemical Manufacturing |
14.4 |
55 |
|
|
Subsidiary |
Herten |
Netherlands |
Chemical Manufacturing |
57.4 |
53 |
|
|
Subsidiary |
Ferrara, FE |
Italy |
Construction - Supplies and Fixtures |
58.9 |
50 |
|
|
Subsidiary |
Banksmeadow, NSW |
Australia |
Chemical Manufacturing |
20.9 |
50 |
|
|
Subsidiary |
Martorell, Barcelona |
Spain |
Chemical Manufacturing |
17.3 |
50 |
|
|
Subsidiary |
Bruxelles |
Belgium |
Chemical Manufacturing |
2,919.3 |
46 |
|
|
Subsidiary |
Hannover, Niedersachsen |
Germany |
Chemical Manufacturing |
37.3 |
45 |
|
|
Subsidiary |
Bruxelles |
Belgium |
Biotechnology and Drugs |
15.3 |
45 |
|
|
Subsidiary |
Northwich |
United Kingdom |
Chemical Manufacturing |
16.6 |
42 |
|
|
Subsidiary |
Hannover |
Germany |
Chemical Manufacturing |
1.0 |
40 |
|
|
Subsidiary |
Paris La Défense |
France |
Chemicals - Plastics and Rubber |
8,580.5 |
34 |
|
|
Subsidiary |
Cranbury, NJ |
United States |
Chemical Manufacturing |
6,616.0 |
1,700 |
|
|
Branch |
Charleston, SC |
United States |
Chemical Manufacturing |
233.5 |
245 |
|
|
Division |
University Park, IL |
United States |
Personal and Household Products |
11.5 |
200 |
|
|
Facility |
Watford |
United Kingdom |
Chemical Manufacturing |
|
32 |
|
|
Branch |
Houston, TX |
United States |
Chemical Manufacturing |
90.6 |
165 |
|
|
Branch |
Vernon, TX |
United States |
Miscellaneous Fabricated Products |
17.5 |
90 |
|
|
Branch |
Hammond, IN |
United States |
Chemical Manufacturing |
46.7 |
85 |
|
|
Branch |
Freeport, TX |
United States |
Chemical Manufacturing |
36.6 |
75 |
|
|
Branch |
Winder, GA |
United States |
Chemical Manufacturing |
32.9 |
60 |
|
|
Branch |
Baltimore, MD |
United States |
Chemical Manufacturing |
30.2 |
55 |
|
|
Branch |
Cincinnati, OH |
United States |
Chemical Manufacturing |
27.5 |
50 |
|
|
Branch |
Martinez, CA |
United States |
Chemical Manufacturing |
47.0 |
47 |
|
|
Branch |
Blue Island, IL |
United States |
Chemical Manufacturing |
22.6 |
47 |
|
|
Branch |
Marcus Hook, PA |
United States |
Chemical Manufacturing |
13.7 |
25 |
|
|
Branch |
Madison, WI |
United States |
Chemical Manufacturing |
12.1 |
22 |
|
|
Branch |
Nashville, TN |
United States |
Chemical Manufacturing |
11.5 |
21 |
|
|
Branch |
Sedalia, MO |
United States |
Chemical Manufacturing |
11.5 |
21 |
|
|
Branch |
Charlotte, NC |
United States |
Chemical Manufacturing |
11.5 |
21 |
|
|
Branch |
Morrisville, PA |
United States |
Chemical Manufacturing |
11.5 |
21 |
|
|
Branch |
Bristol, PA |
United States |
Chemical Manufacturing |
11.5 |
21 |
|
|
Branch |
Portland, OR |
United States |
Chemical Manufacturing |
7.1 |
13 |
|
|
Subsidiary |
Mississauga, ON |
Canada |
Chemical Manufacturing |
7.2 |
10 |
|
|
Branch |
Raleigh, NC |
United States |
Chemical Manufacturing |
5.0 |
5 |
|
|
Branch |
Chicago Heights, IL |
United States |
Chemical Manufacturing |
5.0 |
5 |
|
|
Branch |
Bristol, PA |
United States |
Chemical Manufacturing |
5.0 |
5 |
|
|
Branch |
Cheshire, CT |
United States |
Chemical Manufacturing |
1.0 |
1 |
|
|
Branch |
Mt Pleasant, TN |
United States |
Chemical Manufacturing |
0.5 |
1 |
|
|
Subsidiary |
Freiburg Im Breisgau, Baden-Württemberg |
Germany |
Miscellaneous Fabricated Products |
472.3 |
800 |
|
|
Subsidiary |
|
France |
Fabricated Plastic and Rubber |
350.0 |
500 |
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Chemical Manufacturing |
207.0 |
500 |
|
|
Subsidiary |
Watford |
United Kingdom |
Chemical Manufacturing |
171.2 |
368 |
|
|
Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
São Paulo, SP |
Brazil |
Biotechnology and Drugs |
1,340.0 |
350 |
|
|
Subsidiary |
Lima |
Peru |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Paulina |
Brazil |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
São Bernardo do Campo |
Brazil |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Jacarei |
Brazil |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Santo André |
Brazil |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Bogota |
Colombia |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Guayaquil |
Ecuador |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Guatemala |
Guatemala |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Montevideo |
Uruguay |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Barquisimeto |
Venezuela |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Chemical Manufacturing |
150.0 |
350 |
|
|
Subsidiary |
La Rochelle, Cedex |
France |
Chemical Manufacturing |
|
270 |
|
|
Subsidiary |
Gorzow |
Poland |
Chemical Manufacturing |
|
250 |
|
|
Subsidiary |
Serpukhov G. |
Russian Federation |
Chemical Manufacturing |
113.9 |
200 |
|
|
Subsidiary |
Gresik, Surabaya |
Indonesia |
Chemical Manufacturing |
60.0 |
200 |
|
|
Subsidiary |
Bollate, Milan |
Italy |
Chemical Manufacturing |
175.3 |
193 |
|
|
Subsidiary |
Mumbai |
India |
Chemical Manufacturing |
54.6 |
175 |
|
|
Subsidiary |
University Park, IL |
United States |
Personal and Household Products |
163.5 |
150 |
|
|
Subsidiary |
Singapore |
Singapore |
Chemical Manufacturing |
1.0 |
3 |
|
|
Subsidiary |
Singapore |
Singapore |
Personal and Household Products |
128.2 |
130 |
|
|
Subsidiary |
Shanghai |
China |
Chemicals - Plastics and Rubber |
23.6 |
1,000 |
|
|
Subsidiary |
Tong Zhou District, Beijing |
China |
Chemical Manufacturing |
|
200 |
|
|
Subsidiary |
North Point, Hong Kong Island |
Hong Kong |
Chemical Manufacturing |
41.0 |
100 |
|
|
Subsidiary |
Shanghai, Shanghai |
China |
Chemical Manufacturing |
18.0 |
50 |
|
|
Subsidiary |
Qingdao, Shan Dong |
China |
Chemical Manufacturing |
0.0 |
|
|
|
Subsidiary |
Shanghai |
China |
Consumer Financial Services |
|
|
|
|
Subsidiary |
Zhenjiang |
China |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Wuxi |
China |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Wuxi |
China |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Zhangjiagang |
China |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Baotou |
China |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Wuxi |
China |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Liyang |
China |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Zhejiang |
China |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Chemical Manufacturing |
186.7 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Wuxi |
China |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Kobe |
Japan |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Business Services |
3.1 |
119 |
|
|
Subsidiary |
Madrid |
Spain |
Chemicals - Plastics and Rubber |
116.0 |
103 |
|
|
Subsidiary |
Madrid |
Spain |
Chemical Manufacturing |
49.3 |
121 |
|
|
Subsidiary |
Huelva |
Spain |
Electric Utilities |
4.9 |
|
|
|
Subsidiary |
Madrid |
Spain |
Chemical Manufacturing |
72.2 |
67 |
|
|
Joint Venture |
Makati |
Philippines |
Chemical Manufacturing |
6.6 |
103 |
|
|
Subsidiary |
Metro Manila |
Philippines |
Chemical Manufacturing |
2.4 |
117 |
|
|
Subsidiary |
Makati |
Philippines |
Chemical Manufacturing |
0.0 |
48 |
|
|
Subsidiary |
Makati |
Philippines |
Chemical Manufacturing |
1.0 |
45 |
|
|
Subsidiary |
Singapore |
Singapore |
Chemical Manufacturing |
27.9 |
100 |
|
|
Subsidiary |
Samut Prakan |
Thailand |
Chemical Manufacturing |
|
65 |
|
|
Subsidiary |
Freiburg Im Breisgau, Baden-Württemberg |
Germany |
Chemical Manufacturing |
68.9 |
50 |
|
|
Subsidiary |
Warsaw |
Poland |
Chemical Manufacturing |
30.0 |
50 |
|
|
Subsidiary |
Aubervilliers |
France |
Business Services |
1,324.4 |
20 |
|
|
Subsidiary |
Buenos Aires |
Argentina |
Chemical Manufacturing |
7.2 |
15 |
|
|
Subsidiary |
Praha 10 |
Czech Republic |
Chemical Manufacturing |
3.8 |
14 |
|
|
Subsidiary |
St Fons |
France |
Commercial Banks |
|
14 |
|
|
Subsidiary |
Aubervilliers |
France |
Chemical Manufacturing |
3,454.9 |
3,625 |
|
|
Subsidiary |
Sao Paulo, Sao Paulo |
Brazil |
Chemicals - Plastics and Rubber |
1,362.7 |
2,800 |
|
|
Branch |
Santo Andre, Sao Paulo |
Brazil |
Chemical Manufacturing |
1,362.7 |
3,000 |
|
|
Subsidiary |
Pessac |
France |
Biotechnology and Drugs |
3.8 |
11 |
|
|
Subsidiary |
Bucharest |
Romania |
Chemical Manufacturing |
3.0 |
8 |
|
|
Subsidiary |
Le Pont De Claix |
France |
Miscellaneous Financial Services |
8.1 |
7 |
|
|
Subsidiary |
Levin |
New Zealand |
Chemical Manufacturing |
1.5 |
7 |
|
|
Subsidiary |
Istanbul (Europe) |
Turkey |
Chemical Manufacturing |
|
6 |
|
|
Subsidiary |
Bruxelles |
Belgium |
Miscellaneous Capital Goods |
1.8 |
5 |
|
|
Subsidiary |
Santiago |
Chile |
Chemical Manufacturing |
|
5 |
|
|
Subsidiary |
Watford |
United Kingdom |
Chemical Manufacturing |
|
2 |
|
|
Subsidiary |
Watford |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Watford |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Freiburg Im Breisgau, Baden-Württemberg |
Germany |
Commercial Banks |
|
1 |
|
|
Subsidiary |
Frankfurt |
Germany |
Chemical Manufacturing |
125.0 |
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Consumer Financial Services |
465.4 |
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Chemical Manufacturing |
540.2 |
257 |
|
|
Subsidiary |
Incheon |
Korea, Republic of |
Chemical Manufacturing |
82.1 |
71 |
|
|
Subsidiary |
Seoul, Seoul |
Korea, Republic of |
Business Services |
540.2 |
|
|
|
Subsidiary |
Amstelveen |
Netherlands |
Chemical Manufacturing |
250.0 |
|
|
|
Subsidiary |
Ciudad De Mexico, Distrito Federal |
Mexico |
Chemical Manufacturing |
29.0 |
|
|
|
Subsidiary |
Coatzacoalcos, Veracruz |
Mexico |
Business Services |
|
435 |
|
|
Subsidiary |
Aubervilliers |
France |
Chemical Manufacturing |
13.8 |
|
|
|
Subsidiary |
Watford |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Watford |
United Kingdom |
Commercial Banks |
|
450 |
|
|
Subsidiary |
Watford |
United Kingdom |
Biotechnology and Drugs |
|
|
|
|
Subsidiary |
Watford |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Watford |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Cheshire |
United Kingdom |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Watford |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Lyon |
France |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Courbevoie |
France |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
Aubervilliers |
France |
Miscellaneous Transportation |
2.2 |
13 |
|
|
Subsidiary |
Brisbane, QLD |
Australia |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Budapest |
Hungary |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Brisbane, QLD |
Australia |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Shanghai |
China |
Chemicals - Plastics and Rubber |
|
|
|
|
Rhodia Italia SpA |
Subsidiary |
|
|
|
|
|
|
Subsidiary |
Paliano, Frosinone |
Italy |
Chemicals - Plastics and Rubber |
2.4 |
1 |
|
|
Subsidiary |
Tarragona |
Spain |
Chemical Manufacturing |
|
30 |
|
|
Subsidiary |
Bruxelles |
Belgium |
Biotechnology and Drugs |
20.3 |
24 |
|
|
Subsidiary |
Escuzar, Granada |
Spain |
Chemical Manufacturing |
6.2 |
22 |
|
|
Subsidiary |
San Giuliano Milanese, MI |
Italy |
Scientific and Technical Instruments |
|
20 |
|
|
Subsidiary |
Póvoa De Santa Iria, Vila Franca De Xira |
Portugal |
Biotechnology and Drugs |
10.7 |
19 |
|
|
Subsidiary |
Dusseldorf |
Germany |
Biotechnology and Drugs |
|
15 |
|
|
Subsidiary |
Tokyo |
Japan |
Chemicals - Plastics and Rubber |
|
13 |
|
|
Subsidiary |
Vienna |
Austria |
Chemical Manufacturing |
|
13 |
|
|
Subsidiary |
Singapore |
Singapore |
Biotechnology and Drugs |
1.0 |
11 |
|
|
Subsidiary |
São Paulo |
Brazil |
Chemical Manufacturing |
|
11 |
|
|
Subsidiary |
Paris |
France |
Chemicals - Plastics and Rubber |
571.8 |
10 |
|
|
Subsidiary |
Ferrara, FE |
Italy |
Chemicals - Plastics and Rubber |
226.5 |
9 |
|
|
Subsidiary |
Ferrara, Ferrara |
Italy |
Fabricated Plastic and Rubber |
3.8 |
22 |
|
|
Subsidiary |
Bruxelles |
Belgium |
Miscellaneous Capital Goods |
2.6 |
10 |
|
|
Subsidiary |
Zelem |
Belgium |
Construction Services |
0.0 |
9 |
|
|
Subsidiary |
Gilly |
Belgium |
Retail (Specialty) |
0.0 |
8 |
|
|
Subsidiary |
Concord, ON |
Canada |
Chemical Manufacturing |
|
8 |
|
|
Subsidiary |
Paris |
France |
Chemical Manufacturing |
106.9 |
7 |
|
|
Subsidiary |
Bruxelles |
Belgium |
Chemicals - Plastics and Rubber |
0.0 |
5 |
|
|
Subsidiary |
Wanze |
Belgium |
Construction - Raw Materials |
0.0 |
5 |
|
|
Subsidiary |
Warrington |
United Kingdom |
Miscellaneous Capital Goods |
|
5 |
|
|
Subsidiary |
Paris |
France |
Chemical Manufacturing |
125.2 |
3 |
|
|
Subsidiary |
Bruxelles |
Belgium |
Insurance (Accident and Health) |
0.0 |
3 |
|
|
Subsidiary |
Sint-Michiels |
Belgium |
Retail (Grocery) |
0.0 |
3 |
|
|
Subsidiary |
Bruxelles |
Belgium |
Motion Pictures |
0.0 |
1 |
|
|
Subsidiary |
Weesp |
Netherlands |
Biotechnology and Drugs |
38,851.3 |
|
|
|
Subsidiary |
Sofia |
Bulgaria |
Chemical Manufacturing |
75.0 |
|
|
|
Subsidiary |
Ebensee |
Austria |
Chemical Manufacturing |
40.0 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Biotechnology and Drugs |
1.0 |
|
|
|
Subsidiary |
Lisbon |
Portugal |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Paris |
France |
Biotechnology and Drugs |
|
|
|
|
Subsidiary |
Zagreb |
Croatia |
Biotechnology and Drugs |
|
|
|
|
Subsidiary |
Luxembourg |
Luxembourg |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Louviers |
France |
Fabricated Plastic and Rubber |
|
|
|
|
Subsidiary |
Bangkok |
Thailand |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Zagreb |
Croatia |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Buenos Aires |
Argentina |
Chemical Manufacturing |
|
|
|
|
Societa Gernerale per l'Industria
della Magnesia (SGIM) S.p.A. |
Subsidiary |
Varese |
Italy |
Chemical Manufacturing |
|
|
|
Affiliates |
Chengdu |
China |
Fabricated Plastic and Rubber |
|
|
|
|
Affiliates |
Chengdu |
China |
Fabricated Plastic and Rubber |
|
|
|
|
Subsidiary |
Trento |
Italy |
Fabricated Plastic and Rubber |
|
|
|
|
Subsidiary |
Weesp |
Netherlands |
Biotechnology and Drugs |
|
|
|
|
Subsidiary |
Varna |
Bulgaria |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Barcelona |
Spain |
Biotechnology and Drugs |
|
|
|
|
Subsidiary |
Barcelona |
Spain |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Jeddah, Makkah |
Saudi Arabia |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Lisbon |
Portugal |
Chemical Manufacturing |
|
|
|
|
Subsidiary |
Litomerice, Most-Cepirohy |
Czech Republic |
Biotechnology and Drugs |
|
|
|
|
Subsidiary |
Buenos Aires, Puerto Madero |
Argentina |
Biotechnology and Drugs |
|
|
|
|
Affiliates |
Chengdu, Xipu |
China |
Fabricated Plastic and Rubber |
|
|
|
Executives
|
|
|
|||
|
CEO |
Chief Executive Officer |
|||
|
Administrator, Everyday management
responsible |
Managing Director |
|||
|
Administrator |
Administration Executive |
|||
|
Administrator |
Administration Executive |
|||
|
Administrator |
Administration Executive |
|||
|
Administrator |
Administration Executive |
|||
|
Administrator |
Administration Executive |
|||
|
|||||
|
Representative/Auditor |
Accounting Executive |
|
||
|
|||||
|
Manager-Sales |
Sales Executive |
|
||
|
Marketing Manager |
Marketing Executive |
|
||
|
Agent |
Other |
|
||
|
|||||
|
Agent |
Other |
|
||
News
|
Solvay
hails world's largest fuel cell of type in Flanders |
06-Feb-2012 |
|
SOLVAY HAS
SUCCESSFULLY COMMISSIONED THE LARGEST PEM FUEL CELL IN THE WORLD AT SOLVIN'S
ANTWERP PLANT |
06-Feb-2012 |
Annual
Profit & Loss
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate
(Period Average) |
0.71919 |
0.755078 |
0.719047 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Turnover |
859.1 |
773.6 |
545.0 |
|
Increase or Decrease in Stocks of Finished
Goods, and Orders in Progress |
-14.2 |
-74.4 |
-76.1 |
|
Immobilized Production |
0.1 |
0.0 |
0.0 |
|
Other Operating Income |
64.8 |
56.7 |
73.8 |
|
Operating Income |
909.8 |
755.8 |
542.7 |
|
Purchases |
774.5 |
709.5 |
496.9 |
|
Increase or Decrease
in Stocks |
-0.3 |
-83.3 |
-54.9 |
|
Raw Materials, Consumables, and Goods for
Release |
774.1 |
626.2 |
441.9 |
|
Services and Sundry Goods |
82.9 |
72.9 |
71.0 |
|
Remuneration, Social Security Charges, and
Pensions |
31.3 |
28.2 |
28.2 |
|
Depreciation of and Other Amounts Written Off
of Formation Expense, Intangible and Tangible Fixed Assets |
6.6 |
6.4 |
7.2 |
|
Increase or Decrease in Amounts Written Off
Stocks, Orders, and Trade Debtors |
2.2 |
-0.2 |
-1.7 |
|
Provisions for Liabilities and Charges |
3.5 |
0.5 |
1.5 |
|
Other Operating Charges |
1.2 |
1.1 |
1.2 |
|
Operating Charges |
901.7 |
735.1 |
549.3 |
|
Income From Financial Fixed Assets |
0.0 |
0.0 |
0.0 |
|
Income From Current Assets |
2.4 |
1.1 |
2.5 |
|
Other Financial Income |
1.8 |
1.7 |
3.2 |
|
Financial Income |
4.2 |
2.8 |
5.7 |
|
Interest and Other Debt Charges |
2.7 |
0.9 |
2.0 |
|
Other Financial Charges |
6.1 |
6.1 |
5.6 |
|
Financial Charges |
8.7 |
6.9 |
7.6 |
|
Adjustments to Provisions for Extraordinary
Liabilities and Charges |
0.3 |
- |
- |
|
Extraordinary Income |
0.3 |
- |
- |
|
Provisions for Extraordinary Liabilities and
Charges |
0.1 |
9.3 |
- |
|
Extraordinary Charges |
0.1 |
9.3 |
- |
|
Income Taxes |
1.8 |
2.1 |
0.4 |
|
Income Taxes |
1.8 |
2.1 |
0.4 |
|
Employees |
192 |
189 |
189 |
Annual
Balance Sheet
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.770327 |
0.745406 |
0.696986 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
|
Intangible Assets |
- |
0.0 |
0.0 |
|
Land & Buildings |
2.0 |
2.2 |
2.6 |
|
Plant, Machinery, and
Equipment |
18.7 |
24.3 |
29.8 |
|
Furniture and Vehicles |
0.0 |
0.0 |
0.0 |
|
Assets Under
Construction and Advance Payments |
0.9 |
0.2 |
0.7 |
|
Tangible Assets |
21.6 |
26.7 |
33.2 |
|
Shares |
0.0 |
0.0 |
0.0 |
|
Other Capital Assets |
0.0 |
0.0 |
0.0 |
|
Capital Assets |
0.0 |
0.0 |
0.0 |
|
Fixed Assets |
21.6 |
26.7 |
33.2 |
|
Other Amounts Receivable |
0.6 |
0.7 |
1.0 |
|
Amounts Receivable After More Than One Year |
0.6 |
0.7 |
1.0 |
|
Raw Materials and
Consumables |
2.1 |
1.8 |
1.8 |
|
Finished Goods |
8.5 |
7.9 |
3.4 |
|
Goods Purchased for
Resale |
1.5 |
9.2 |
6.9 |
|
Stocks |
12.0 |
18.9 |
12.0 |
|
Orders in Progress |
6.7 |
16.0 |
15.5 |
|
Inventory and Orders in Progress |
18.7 |
34.8 |
27.5 |
|
Trade Debtors |
80.4 |
106.1 |
83.1 |
|
Other Amounts
Receivable |
7.3 |
9.9 |
7.8 |
|
Amounts Receivable Within One Year |
87.7 |
116.0 |
90.9 |
|
Other Investments and
Deposits |
141.4 |
92.3 |
201.4 |
|
Investments |
141.4 |
92.3 |
201.4 |
|
Liquid Assets |
38.9 |
0.0 |
0.0 |
|
Adjustment Accounts |
0.8 |
0.1 |
0.2 |
|
Current Assets |
288.2 |
244.0 |
320.9 |
|
Total Assets |
309.8 |
270.7 |
354.1 |
|
Issued Capital |
19.8 |
20.5 |
21.9 |
|
Capital |
19.8 |
20.5 |
21.9 |
|
Paid-In Capital |
30.5 |
31.5 |
33.7 |
|
Legal Reserve |
0.9 |
0.9 |
1.0 |
|
Reserves |
0.9 |
0.9 |
1.0 |
|
Pensions and Similar
Obligations |
11.5 |
8.5 |
8.6 |
|
Other Liabilities and
Charges |
8.9 |
9.4 |
- |
|
Provisions for
Liabilities and Charges |
20.4 |
17.9 |
8.6 |
|
Provisions and Deferred Taxes |
20.4 |
17.9 |
8.6 |
|
Capital and Reserves |
50.8 |
50.6 |
48.5 |
|
Other Loans |
- |
14.8 |
15.8 |
|
Financial Debts |
- |
14.8 |
15.8 |
|
Amounts Due After More Than One Year |
- |
14.8 |
15.8 |
|
Credit Institutions |
142.8 |
0.1 |
- |
|
Other Loans |
27.3 |
96.1 |
220.6 |
|
Financial Debts |
170.1 |
96.1 |
220.6 |
|
Suppliers |
53.7 |
82.0 |
54.2 |
|
Trade Debts |
53.7 |
82.0 |
54.2 |
|
Advances Received on
Orders in Progress |
5.8 |
- |
- |
|
Taxes |
3.5 |
3.5 |
1.8 |
|
Remuneration and
Social Security |
4.8 |
5.0 |
4.6 |
|
Taxes, Wages, and
Social Security |
8.2 |
8.6 |
6.4 |
|
Other Amounts Payable |
0.0 |
0.0 |
0.0 |
|
Amounts Payable Within One Year |
237.9 |
186.7 |
281.3 |
|
Adjustment Accounts |
0.7 |
0.7 |
0.0 |
|
Creditors |
238.6 |
202.2 |
297.1 |
|
Total Liabilities + Shareholders' Equity |
309.8 |
270.7 |
354.1 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.63 |
|
|
1 |
Rs.83.67 |
|
Euro |
1 |
Rs.71.02 |
INFORMATION DETAILS
|
Report
Prepared by : |
SDA |
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.