MIRA INFORM REPORT

Report Date :

13.11.2013

IDENTIFICATION DETAILS

Name :	V.O.F. LANSINK RUITERSPORT

Registered Office :	Loodijk 9 A 7597NV Saasveld

Country :	Netherlands

Date of Incorporation :	25.01.1996

Com. Reg. No.:	06079449

Legal Form :	General Partnership

Line of Business :	Wholesale of sports requisites

No. of Employees :	02

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate
Payment Behaviour :	Unknown
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 31^st, 2013

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

Netherlands

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

NETHERLANDS - ECONOMIC OVERVIEW

The Dutch economy is the sixth-largest economy in the euro-zone and is noted for its stable industrial relations, moderate unemployment and inflation, a sizable trade surplus, and an important role as a European transportation hub. Industrial activity is predominantly in food processing, chemicals, petroleum refining, and electrical machinery. A highly mechanized agricultural sector employs only 2% of the labor force but provides large surpluses for the food-processing industry and for exports. The Netherlands, along with 11 of its EU partners, began circulating the euro currency on 1 January 2002. After 26 years of uninterrupted economic growth, the Dutch economy - highly dependent on an international financial sector and international trade - contracted by 3.5% in 2009 as a result of the global financial crisis. The Dutch financial sector suffered, due in part to the high exposure of some Dutch banks to U.S. mortgage-backed securities. In 2008, the government nationalized two banks and injected billions of dollars of capital into other financial institutions, to prevent further deterioration of a crucial sector. The government also sought to boost the domestic economy by accelerating infrastructure programs, offering corporate tax breaks for employers to retain workers, and expanding export credit facilities. The stimulus programs and bank bailouts, however, resulted in a government budget deficit of 5.3% of GDP in 2010 that contrasted sharply with a surplus of 0.7% in 2008. The government of Prime Minister Mark RUTTE began implementing fiscal consolidation measures in early 2011, mainly reductions in expenditures, which resulted in an improved budget deficit in 2011. In 2012 tax revenues dropped nearly 9%, GDP contracted, and the budget deficit deteriorated. Although jobless claims continued to grow, the unemployment rate remained relatively low at 6.8 percent

Source : CIA

CONTACTINFORMATION

Company name V.O.F. LANSINK RUITERSPORT

Tradename V.O.F. Lansink Ruitersport

Address Loodijk 9 A

7597NV Saasveld

Netherlands

Mail address Loodijk 9 A

7597NV Saasveld

Netherlands

Telephone number 0743494754

Telefax number 0743494754

E-mail address info@lansink.info

Website www.lansink.info

VAT number / RSIN 809914426

MANAGEMENT

Management	G.H.L. Lansink
	Gerhardus Henricus Laurentius
	Loodijk 9 A
	7597NV Saasveld
	Authorization: Limited authorization (max: € 5.000)
	Position: Partner
	Date appointed: 01-01-2001
	Date of birth: 13-09-1968
	M.G.M. Lansink - Zanderink
	Monique Getruda Maria
	Loodijk 9 A
	7597NV Saasveld
	Authorization: Limited authorization (max: € 5.000)
	Position: Partner
	Date appointed: 01-01-2001
	Date of birth: 11-05-1968

PAYMENT INFORMATION

Payment experiences

Payments are regular

FINANCIAL INFORMATION

Annual accounts	The company is not obligated to	publish its financial account.
Tendency	Not to be judged because of the	absence of sufficient financial information
Profitability	Not to be judged
Solvency	Not to be judged
Liquidity	Positive
Currency	Euro

Company structure

• V.O.F. Lansink Ruitersport (06079449) Saasveld

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.63.59
UK Pound	1	Rs.101.56
Euro	1	Rs.85.15

INFORMATION DETAILS

Report Prepared by :

NIS

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.

Handelsregisternummer	06079449
Registered in	Chamber of commerce Oost Netherlands
Date of constitution	25-01-1996
Continuation date	01-01-2001
Legal form	General Partnership

Employees	Total: 2
Employees according to CoC	Chamber of commerce: 2
Bookyear	2013	2011	2002
Number	2	2	2
Change	0,00%	0,00%

MIRA INFORM REPORT

CONTACTINFORMATION

COMPANY INFORMATION

MANAGEMENT

PAYMENT INFORMATION

FINANCIAL INFORMATION

Unit