MIRA INFORM REPORT

 

 

Report Date :

14.11.2013

 

IDENTIFICATION DETAILS

 

Name :

H Y D A C TECHNOLOGY GMBH

 

 

Registered Office :

Industriestr. D 66280 Sulzbach Post Box: 12 51, D 66273 Sulzbach

 

 

Country :

Germany 

 

 

Financials (as on) :

31.12.2011

 

 

Date of Incorporation :

04.10.1963

 

 

Com. Reg. No.:

HRB 347

 

 

Legal Form :

Private limited company

 

 

Line of Business :

  • Manufacture of tools
  • Manufacture of other general-purpose machinery
  • Manufacture of metal forming machinery

 

 

No. of Employees :

334

 

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)

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 6.5% in 2012. GDP contracted 5.1% in 2009 but grew by 4.2% in 2010, and 3.0% in 2011, before dipping to 0.7% in 2012 - a reflection of low investment spending due to crisis-induced uncertainty and the decreased demand for German exports from recession-stricken periphery countries. Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's total budget deficit - including federal, state, and municipal - to 4.1% in 2010, but slower spending and higher tax revenues reduced the deficit to 0.8% in 2011. In 2012 Germany reached a budget surplus of 0.1%. 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 though the target was already reached in 2012. By 2014, the federal government wants to balance its budget. 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 electricity generating capacity and 46% of its base-load electricity production.

 

Source : CIA

 


Company name and address

 

 "H Y D A C TECHNOLOGY GMBH"

 

 Company Status:         active

                                    Industriestr.

                                    D 66280 Sulzbach

                                    Post Box:

                                    12 51, D 66273 Sulzbach

                                    Telephone:06897/50901

                                     Telefax:  06897/509454

                                    E-mail:   info@hydac.com

 

 VAT no.:                      DE138264394

 

 

CONCLUSION

 

 Business relations are permissible.

 

 LEGAL FORM               Private limited company

 Date of foundation:      1963

 Registered on:             04.10.1963

 Commercial Register:   Local court 66121 Saarbrücken

 under:                                       HRB 347

 

 Share capital:                          EUR          5,112,918.81

 

 Shareholder:

                      Dr. Alexander Dieter

                      D 66111 Saarbrücken

                      born: 30.08.1960

                      Share:             EUR          2,020,114.22

 Shareholder:

                      Mathias Dieter Beteiligungsverwaltung GmbH

                      Rotenbühlerweg 70

                      D 66123 Saarbrücken

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR          1,303,794.31

                      Registered on: 27.09.2001

                      Reg. data: 66121 Saarbrücken, HRB 12441

 Shareholder:

                      Mathias Dieter

                      Mühlackerweg 1

                      D 97816 Lohr

                      born: 14.10.1968

                      Share:             EUR            715,297.34

 Shareholder:

                      Renate Huber

                      D 66450 Bexbach

                      born: 16.10.1940

                      Share:             EUR            511,291.88

 Shareholder:

                      Otmar Peter Schön

                      Am Friedhof 17

                      D 66450 Bexbach

                      born: 09.09.1929

                      Share:             EUR            383,468.91

 Shareholder:

                      Otmar P. Schön, Barbara Erke, Susanne Schön,

                      Eveline Schön Gesellschaft des bürgerlichen

                      Rechts

                      D 66280 Sulzbach

                      Legal form: Partnership under the Civil Code

                      Share:             EUR            153,387.56

 Shareholder:

                      Dr. Werner Dieter

                      Sonnenrain 7

                      D 97816 Lohr

                      born: 23.09.1929

                      Share:             EUR             25,564.59

 Manager:

                      Otmar Peter Schön

                      Am Friedhof 17

                      D 66450 Bexbach

                      having sole power of representation

                      born: 09.09.1929

                      Profession: graduate engineer

                      Marital status: married

 Manager:

                      Dr. Alexander Dieter

                      D 66111 Saarbrücken

                      having sole power of representation

                      born: 30.08.1960

 Manager:

                      Mathias Dieter

                      Mühlackerweg 1

                      D 97816 Lohr

                      having sole power of representation

                      born: 14.10.1968

 Proxy:

                      Renate Huber

                      D 66450 Bexbach

                      having sole power of representation

                      born: 16.10.1940

                      Profession: Businessman

 Proxy:

                      Walter Schmidt

                      D 64367 Mühltal

                      born: 23.06.1943

                      Profession: graduate engineer

 Proxy:

                      Hartmut Herzog

                      D 44623 Herne

                      authorized to jointly represent the company

                      born: 27.06.1942

 Proxy:

                      Wolfgang Haering

                      Hallesche Str. 15

                      D 66121 Saarbrücken

                      authorized to jointly represent the company

                      born: 20.03.1958

                      Profession: Fully qualified merchant

                      Marital status: unknown

 Proxy:

                      Wilfried Klein

                      Tannenstr. 12

                      D 53947 Nettersheim

                      authorized to jointly represent the company

                      born: 09.03.1954

                      Marital status: married

 Proxy:

                      Dr. Frank Bauer

                      D 66646 Marpingen

                      authorized to jointly represent the company

                      born: 25.11.1970

 

 Further functions/participations of Otmar Peter Schön (Manager)

 General partner:

                      Otmar P. Schön, Barbara Erke, Susanne Schön,

                      Eveline Schön Gesellschaft des bürgerlichen

                      Rechts

                      D 66280 Sulzbach

                      Legal form: Partnership under the Civil Code

 General partner:

                      Otmar Schön, Barbara Erke, Susanne Schön,

                      Eveline Schön

                      D 66450 Bexbach

                      Legal form: Partnership under the Civil Code

 Shareholder:

                      H Y D A C Filtertechnik GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR          4,601,626.93

                      Share:             EUR            345,122.02

                      Registered

                      on:         16.08.1968

                      Reg. data:  66121 Saarbrücken, HRB 349

 Shareholder:

                      HYDAC System GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Post Box:

                      12 51, D 66273 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR          1,000,000.00

                      Share:             EUR             70,000.00

                      Registered

                      on:         23.07.2001

                      Reg. data:  66121 Saarbrücken, HRB 12384

 Shareholder:

                      Hydac Fluidtechnik GmbH

                      Justus-von-Liebig-Str.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR            511,291.89

                      Share:             EUR             38,346.89

                      Registered

                      on:         19.06.1976

                      Reg. data:  66121 Saarbrücken, HRB 420

 Shareholder:

                      HYDAC Verwaltung GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR            250,000.00

                      Share:             EUR             26,250.00

                      Registered

                      on:         19.01.2012

                      Reg. data:  66121 Saarbrücken, HRB 19999

 Shareholder:

                      HYDAC Electronic GmbH

                      Hauptstr. 27

                      D 66128 Saarbrücken

                      Legal form: Private limited company

                      Share capital:     EUR            255,645.94

                      Share:             EUR             19,173.45

                      Registered

                      on:         28.10.1988

                      Reg. data:  66121 Saarbrücken, HRB 8707

 Shareholder:

                      HYDAC International GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Post Box:

                      12 51, D 66273 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR            255,645.94

                      Share:             EUR             19,173.45

                      Registered

                      on:         27.08.1996

                      Reg. data:  66121 Saarbrücken, HRB 948

 Shareholder:

                      HYDAC Process Technology GmbH

                      Am Wrangelflöz 1

                      D 66538 Neunkirchen

                      Legal form: Private limited company

                      Share capital:     EUR            122,710.05

                      Share:             EUR             15,338.76

                      Registered

                      on:         19.03.1998

                      Reg. data:  66121 Saarbrücken, HRB 92076

 Shareholder:

                      Inthol Beteiligungs- und

                      Verwaltungsgesellschaft mbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR            153,387.58

                      Share:             EUR             14,571.82

                      Registered

                      on:         11.01.1999

                      Reg. data:  66121 Saarbrücken, HRB 11493

 Shareholder:

                      HYDAC Service GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Post Box:

                      12 51, D 66273 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR            100,000.00

                      Share:             EUR             10,500.00

                      Registered

                      on:         07.01.2005

                      Reg. data:  66121 Saarbrücken, HRB 14814

 Shareholder:

                      Sahy GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company dormant

                      Share capital:     EUR            100,000.00

                      Share:             EUR              9,000.00

                      Registered

                      on:         01.03.2001

                      Reg. data:  66121 Saarbrücken, HRB 12237

 Shareholder:

                      HYDAC Accessories GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR             51,129.19

                      Share:             EUR              4,857.27

                      Registered

                      on:         27.01.1994

                      Reg. data:  66121 Saarbrücken, HRB 859

 Shareholder:

                      HYDAC Grundstücksverwaltung GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR             26,000.00

                      Share:             EUR              2,730.00

                      Registered

                      on:         10.10.2012

                      Reg. data:  66121 Saarbrücken, HRB 100546

 Manager:

                      BUV Beteiligungs- und

                      Verwaltungsgesellschaft mbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR             51,129.19

                      Registered

                      on:         22.01.1993

                      Reg. data:  66121 Saarbrücken, HRB 842

 Manager:

                      HYDAC System GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Post Box:

                      12 51, D 66273 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR          1,000,000.00

                      Registered

                      on:         23.07.2001

                      Reg. data:  66121 Saarbrücken, HRB 12384

 Manager:

                      Inthol Beteiligungs- und

                      Verwaltungsgesellschaft mbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR            153,387.58

                      Registered

                      on:         11.01.1999

                      Reg. data:  66121 Saarbrücken, HRB 11493

 Manager:

                      HYDAC Accessories GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR             51,129.19

                      Registered

                      on:         27.01.1994

                      Reg. data:  66121 Saarbrücken, HRB 859

 Manager:

                      HYDROSAAR GmbH

                      Hirschbachstr. 7

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         02.12.2004

                      Reg. data:  66121 Saarbrücken, HRB 14741

 Member of the Board of Directors:

                      Verband der Metall- & Elektroindustrie des

                      Saarlandes e. V.

                      Harthweg 15

                      D 66119 Saarbrücken

                      Legal form: Registered association

                      Registered

                      on:         29.03.1951

                      Reg. data:  66121 Saarbrücken, VR 2181

 Proxy:

                      HYDAC Process Technology GmbH

                      Am Wrangelflöz 1

                      D 66538 Neunkirchen

                      Legal form: Private limited company

                      Share capital:     EUR            122,710.05

                      Registered

                      on:         19.03.1998

                      Reg. data:  66121 Saarbrücken, HRB 92076

 

 Further functions/participations of Dr. Alexander Dieter

 (Manager)

 Shareholder:

                      H Y D A C Filtertechnik GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR          4,601,626.93

                      Share:             EUR          1,818,102.80

                      Registered

                      on:         16.08.1968

                      Reg. data:  66121 Saarbrücken, HRB 349

 Shareholder:

                      Hydac Fluidtechnik GmbH

                      Justus-von-Liebig-Str.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR            511,291.89

                      Share:             EUR            203,238.53

                      Registered

                      on:         19.06.1976

                      Reg. data:  66121 Saarbrücken, HRB 420

 Shareholder:

                      HYDAC System GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Post Box:

                      12 51, D 66273 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR          1,000,000.00

                      Share:             EUR            125,500.00

                      Registered

                      on:         23.07.2001

                      Reg. data:  66121 Saarbrücken, HRB 12384

 Shareholder:

                      HYDAC Electronic GmbH

                      Hauptstr. 27

                      D 66128 Saarbrücken

                      Legal form: Private limited company

                      Share capital:     EUR            255,645.94

                      Share:             EUR            100,468.85

                      Registered

                      on:         28.10.1988

                      Reg. data:  66121 Saarbrücken, HRB 8707

 Shareholder:

                      Inthol Beteiligungs- und

                      Verwaltungsgesellschaft mbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR            153,387.58

                      Share:             EUR             50,617.90

                      Registered

                      on:         11.01.1999

                      Reg. data:  66121 Saarbrücken, HRB 11493

 Shareholder:

                      Sahy GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company dormant

                      Share capital:     EUR            100,000.00

                      Share:             EUR             30,850.00

                      Registered

                      on:         01.03.2001

                      Reg. data:  66121 Saarbrücken, HRB 12237

 Shareholder:

                      Dr. Alexander Dieter Beteiligungsverwaltung

                      GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Registered

                      on:         09.09.2002

                      Reg. data:  66121 Saarbrücken, HRB 13194

 Shareholder:

                      HYDAC Process Technology GmbH

                      Am Wrangelflöz 1

                      D 66538 Neunkirchen

                      Legal form: Private limited company

                      Share capital:     EUR            122,710.05

                      Share:             EUR             24,542.01

                      Registered

                      on:         19.03.1998

                      Reg. data:  66121 Saarbrücken, HRB 92076

 Shareholder:

                      HYDAC Accessories GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR             51,129.19

                      Share:             EUR             14,367.30

                      Registered

                      on:         27.01.1994

                      Reg. data:  66121 Saarbrücken, HRB 859

 Shareholder:

                      HYDAC International GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Post Box:

                      12 51, D 66273 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR            255,645.94

                      Share:             EUR             12,986.81

                      Registered

                      on:         27.08.1996

                      Reg. data:  66121 Saarbrücken, HRB 948

 Shareholder:

                      HYDAC Service GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Post Box:

                      12 51, D 66273 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR            100,000.00

                      Share:             EUR             12,550.00

                      Registered

                      on:         07.01.2005

                      Reg. data:  66121 Saarbrücken, HRB 14814

 Shareholder:

                      HYDAC Grundstücksverwaltung GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR             26,000.00

                      Share:             EUR             10,335.00

                      Registered

                      on:         10.10.2012

                      Reg. data:  66121 Saarbrücken, HRB 100546

 Manager:

                      HYDAC Grundstücksverwaltung GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR             26,000.00

                      Registered

                      on:         10.10.2012

                      Reg. data:  66121 Saarbrücken, HRB 100546

 Manager:

                      HYDAC PTK Produktionstechnik GmbH

                      Industriestr. 8

                      D 66280 Sulzbach

                      Post Box:

                      12 51, D 66273 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR            500,000.00

                      Registered

                      on:         21.02.2006

                      Reg. data:  66121 Saarbrücken, HRB 15564

 Manager:

                      H Y D A C Filtertechnik GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR          4,601,626.93

                      Registered

                      on:         16.08.1968

                      Reg. data:  66121 Saarbrücken, HRB 349

 Manager:

                      Hydac Fluidtechnik GmbH

                      Justus-von-Liebig-Str.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR            511,291.89

                      Registered

                      on:         19.06.1976

                      Reg. data:  66121 Saarbrücken, HRB 420

 Manager:

                      BUV Beteiligungs- und

                      Verwaltungsgesellschaft mbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR             51,129.19

                      Registered

                      on:         22.01.1993

                      Reg. data:  66121 Saarbrücken, HRB 842

 Manager:

                      HYDAC Cooling GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR            250,000.00

                      Registered

                      on:         28.04.2006

                      Reg. data:  66121 Saarbrücken, HRB 15702

 Manager:

                      HYDAC International GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Post Box:

                      12 51, D 66273 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR            255,645.94

                      Registered

                      on:         27.08.1996

                      Reg. data:  66121 Saarbrücken, HRB 948

 Manager:

                      Sahy GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company dormant

                      Share capital:     EUR            100,000.00

                      Registered

                      on:         01.03.2001

                      Reg. data:  66121 Saarbrücken, HRB 12237

 Manager:

                      Inthol Beteiligungs- und

                      Verwaltungsgesellschaft mbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR            153,387.58

                      Registered

                      on:         11.01.1999

                      Reg. data:  66121 Saarbrücken, HRB 11493

 Manager:

                      Dr. Alexander Dieter Beteiligungsverwaltung

                      GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         09.09.2002

                      Reg. data:  66121 Saarbrücken, HRB 13194

 Manager:

                      HYDAC Speichertechnik GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         08.12.2010

                      Reg. data:  66121 Saarbrücken, HRB 19080

 Member of the Supervisory Board:

                      Bank 1 Saar eG

                      Kaiserstr. 20

                      D 66111 Saarbrücken

                      Legal form: Registered cooperative

                      Registered

                      on:         28.11.1977

                      Reg. data:  66121 Saarbrücken, GnR 317

 

 Further functions/participations of Mathias Dieter (Manager)

 Shareholder:

                      Hydac Fluidtechnik GmbH

                      Justus-von-Liebig-Str.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR            511,291.89

                      Share:             EUR            198,176.73

                      Registered

                      on:         19.06.1976

                      Reg. data:  66121 Saarbrücken, HRB 420

 Shareholder:

                      HYDAC International GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Post Box:

                      12 51, D 66273 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR            255,645.94

                      Share:             EUR            100,366.60

                      Registered

                      on:         27.08.1996

                      Reg. data:  66121 Saarbrücken, HRB 948

 Shareholder:

                      HYDAC Electronic GmbH

                      Hauptstr. 27

                      D 66128 Saarbrücken

                      Legal form: Private limited company

                      Share capital:     EUR            255,645.94

                      Share:             EUR            100,264.34

                      Registered

                      on:         28.10.1988

                      Reg. data:  66121 Saarbrücken, HRB 8707

 Shareholder:

                      HYDAC Process Technology GmbH

                      Am Wrangelflöz 1

                      D 66538 Neunkirchen

                      Legal form: Private limited company

                      Share capital:     EUR            122,710.05

                      Share:             EUR             11,657.45

                      Registered

                      on:         19.03.1998

                      Reg. data:  66121 Saarbrücken, HRB 92076

 Shareholder:

                      HYDAC Accessories GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Share capital:     EUR             51,129.19

                      Share:             EUR              5,061.79

                      Registered

                      on:         27.01.1994

                      Reg. data:  66121 Saarbrücken, HRB 859

 

 

BUSINESS ACTIVITIES

 

 Main industrial sector

 2573    Manufacture of tools

28290   Manufacture of other general-purpose machinery

28410   Manufacture of metal forming machinery

 

 Secondary industrial sector

 6420    Activities of holding companies

 

 

 

 BRANCHES AND FACTORIES

 

 Works:

                      "H Y D A C Technology GmbH"

                      D 12209 Berlin

 Works:

                      "H Y D A C Technology GmbH"

                      Podbielskistr. 102

                      D 30177 Hannover

                      TEL.: 0511/695021

                      FAX.: 0511/6966610

 Works:

                      "H Y D A C Technology GmbH"

                      D 07551 Gera

 Works:

                      "H Y D A C Technology GmbH"

                      D 82239 Alling

 Works:

                      "H Y D A C Technology GmbH"

                      D 64293 Darmstadt

 Works:

                      "H Y D A C Technology GmbH"

                      D 66117 Saarbrücken

 Branch:

                      "H Y D A C Technology GmbH"

                      Riedingerstr. 6

                      D 45141 Essen

                      TEL.: 0201/42836

                      FAX.: 0201/328441

 Branch:

                      "H Y D A C Technology GmbH"

                      Ginsterweg 4

                      D 91227 Leinburg

                      TEL.: 09120/1849-0

 Branch:

                      "H Y D A C Technology GmbH"

                      D 13127 Berlin

 Branch:

                      "H Y D A C Technology GmbH"

                      Dieselstr. 30

                      D 71546 Aspach

                      TEL.: 07191/3451-0

                      FAX.: 07191/3451-4033

 

 

 PARTICIPATIONS

 

 Shareholder:

                      HYDAC PTK Produktionstechnik GmbH

                      Industriestr. 8

                      D 66280 Sulzbach

                      Post Box:

                      12 51

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            500,000.00

                      Share:             EUR            500,000.00

                      Reg. data:  21.02.2006

                                  Local court 66121 Saarbrücken

                                  HRB 15564

 Shareholder:

                      HYDROSAAR GmbH

                      Hirschbachstr. 7

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  02.12.2004

                                  Local court 66121 Saarbrücken

                                  HRB 14741

 Shareholder:

                      HYDAC Speichertechnik GmbH

                      Industriestr.

                      D 66280 Sulzbach

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  08.12.2010

                                  Local court 66121 Saarbrücken

                                  HRB 19080

 

 

FINANCIAL INFORMATION

 

Payment experience:  within periods customary in this trade

 

 Negative information:   We have no negative information at hand.

 

 Balance sheet year:      2011

 

 

 

 REAL ESTATE

 

 Type of ownership:       proprietor

 Share:                           100.00 %

 Address                        Industriestr.

                                    D 66280 Sulzbach

 

 Land register documents were not available.

 

 

 BANKERS

 

 Principal bank

 DEUTSCHE BANK PRIVAT UND GESCHÄFTSKUNDEN, SAARBRÜCKEN

 Sort. code: 59070070, BIC: DEUTDEDB595

 

 Further banks

 COMMERZBANK VORMALS DRESDNER BANK, SAARBRÜCKEN

 Sort. code: 59080090, BIC: DRESDEFF590

 UNICREDIT BANK - HYPOVEREINSBANK, SAARBRÜCKEN

 Sort. code: 59020090, BIC: HYVEDEMM432

 POSTBANK, SAARBRÜCKEN

 Sort. code: 59010066, BIC: PBNKDEFF590

 BANK 1 SAAR, SAARBRÜCKEN

 Sort. code: 59190000, BIC: SABADE5SXXX

 LANDESBANK SAAR, SAARBRÜCKEN

 Sort. code: 59050000, BIC: SALADE55XXX

 

 

FINANCIAL FIGURES

 

 Turnover:            2011               EUR        387,300,148.00

 Profit:              2011               EUR         29,117,607.00

 Equipment:                              EUR          1,306,950.00

 Ac/ts receivable:                       EUR         97,860,370.00

 Liabilities:                            EUR         35,000,739.00

 Employees:                                                    334

 - thereof permanent staff:                                    329

 - Temporary workers:                                            5

 

 

 BALANCE SHEETS

 

 Balance sheet ratios                 01.01.2011 - 31.12.2011

 Equity ratio [%]:                       72.74

 Liquidity ratio:                           10.00

 Return on total capital [%]:      15.70

 

 Balance sheet ratios                 01.01.2010 - 31.12.2010

 Equity ratio [%]:                       72.42

 Liquidity ratio:                          10.00

 Return on total capital [%]:      24.66

 

 Balance sheet ratios                 01.01.2009 - 31.12.2009

 Equity ratio [%]:                       64.30

 Liquidity ratio:                          10.00

 Return on total capital [%]:      15.82

 

 Balance sheet ratios                 01.01.2008 - 31.12.2008

 Equity ratio [%]:                         45.09

 Liquidity ratio:                            1.76

 Return on total capital [%]:      16.10

 

 Equity ratio

 The equity ratio indicates the portion of the equity as compared

 to the total capital. The higher the equity ratio, the better the

 economic stability (solvency) and thus the financial autonomy of

 a company.

 

 Liquidity ratio

 The liquidity ratio shows the proportion between adjusted

 receivables and net liabilities. The higher the ratio, the lower

 the company's financial dependancy from external creditors.

 

 Return on total capital

 The return on total capital shows the efficiency and return on

 the total capital employed in the company. The higher the return

 on total capital, the more economically does the company work

 with the invested capital.

 

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2011 - 31.12.2011

 

 ASSETS                                  EUR        185,438,021.60

  Fixed assets                           EUR         28,042,393.83

   Intangible assets                     EUR          2,413,887.00

    Concessions, licences, rights        EUR            913,887.00

    Advance payments for intang. assets  EUR          1,500,000.00

   Tangible assets                       EUR          4,008,877.23

    Land / similar rights                EUR            818,089.48

    Plant / machinery                    EUR          1,802,702.00

    Other tangible assets / fixtures and

    fittings                             EUR          1,306,950.06

    Advance payments made / construction

    in progress                          EUR             81,135.69

   Financial assets                      EUR         21,619,629.60

    Shares in participations /

    subsidiaries and the like            EUR         17,319,629.60

     Shares in related companies         EUR         17,319,629.60

    Loans to participations /

    subsidiaries and the like            EUR          4,300,000.00

     Loans to related companies          EUR          4,300,000.00

  Current assets                         EUR        157,376,141.24

   Stocks                                EUR         17,940,011.93

    Raw materials, consumables and

    supplies                             EUR         12,923,782.00

    Finished goods / work in progress    EUR          4,787,361.00

    Advance payments made                EUR            228,868.93

   Accounts receivable                   EUR         97,860,369.73

    Trade debtors                        EUR         44,260,847.38

    Amounts due from related companies   EUR         18,839,063.74

    Other debtors and assets             EUR         34,760,458.61

   Liquid means                          EUR         41,575,759.58

  Remaining other assets                 EUR             19,486.53

   Accruals (assets)                     EUR             19,486.53

 

 LIABILITIES                             EUR        185,438,021.60

  Shareholders' equity                   EUR        134,879,611.27

   Capital                               EUR          5,112,918.81

    Subscribed capital (share capital)   EUR          5,112,918.81

   Reserves                              EUR            968,475.55

    Retained earnings / revenue reserves EUR            968,475.55

   Balance sheet profit/loss (+/-)       EUR        128,798,216.91

    Profit / loss brought forward        EUR         99,680,610.00

    Annual surplus / annual deficit      EUR         29,117,606.91

  Provisions                             EUR         15,557,671.00

   Pension provisions and comparable

   provisions                            EUR          4,632,785.00

   Provisions for taxes                  EUR          3,544,000.00

   Other / unspecified provisions        EUR          7,380,886.00

  Liabilities                            EUR         35,000,739.33

   Financial debts                       EUR          7,212,120.00

    Liabilities due to banks             EUR          7,212,120.00

   Other liabilities                     EUR         27,788,619.33

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR          6,017,386.67

    Liabilities from received advance

    payments                             EUR            649,898.03

    Liabililties due to related companiesEUR            777,132.18

    Unspecified other liabilities        EUR         20,344,202.45

     thereof liabilities from tax /

     financial authorities               EUR          2,413,707.77

     thereof liabilities from social

     security                            EUR            136,242.35

 

 PROFIT AND LOSS ACCOUNT (cost-summary method) according to Comm.

 Code (HGB)

  Sales                                  EUR        387,300,147.79

  Inventory change + own costs (+/-)     EUR            766,827.00

   Inventory change (+/-)                EUR            766,827.00

  Other operating income                 EUR         15,705,117.71

  Cost of materials                      EUR        323,476,569.81

   Raw materials and supplies, purchased

   goods                                 EUR        299,278,345.50

   Purchased services                    EUR         24,198,224.31

  Gross result (+/-)                     EUR         80,295,522.69

  Staff expenses                         EUR         19,991,688.67

   Wages and salaries                    EUR         17,087,460.18

   Social security contributions and

   expenses for pension plans and

   benefits                              EUR          2,904,228.49

  Total depreciation                     EUR          1,597,932.50

   Depreciation on tangible / intangible

   asssets (incl. start-up and exp. of

   bus.                                  EUR          1,597,932.50

  Other operating expenses               EUR         42,463,275.67

  Operating result from continuing

  operations                             EUR         16,242,625.85

  Result from participating interests

  (+/-)                                  EUR         19,720,329.33

   Expenses / income from participations EUR         21,249,875.00

    Income from related companies        EUR         21,249,875.00

   Expenses for participations           EUR          1,529,545.67

    Expenses for other participations    EUR          1,529,545.67

  Interest result (+/-)                  EUR             33,970.91

   Interest and similar income           EUR          1,670,239.58

    thereof from related companies       EUR            315,828.00

   Interest and similar expenses         EUR          1,636,268.67

    thereof paid to related companies    EUR                  0.00

  Other financial result                 EUR             60,000.00

   Income from securities and loans from

   financial assets                      EUR             60,000.00

    thereof related companies            EUR             60,000.00

  Financial result (+/-)                 EUR         19,814,300.24

  Result from ordinary operations (+/-)  EUR         36,056,926.09

  Income tax / refund of income tax (+/-)EUR         -6,922,759.60

  Other taxes / refund of taxes          EUR            -16,559.58

  Tax (+/-)                              EUR         -6,939,319.18

  Annual surplus / annual deficit        EUR         29,117,606.91

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2010 - 31.12.2010

 

 ASSETS                                  EUR        157,335,388.32

  Fixed assets                           EUR         26,735,164.43

   Intangible assets                     EUR          2,335,958.00

    Concessions, licences, rights        EUR          1,435,958.00

    Advance payments for intang. assets  EUR            900,000.00

   Tangible assets                       EUR          4,279,576.83

    Land / similar rights                EUR            932,500.48

    Plant / machinery                    EUR          2,247,193.00

    Other tangible assets / fixtures and

    fittings                             EUR            886,963.06

    Advance payments made / construction

    in progress                          EUR            212,920.29

   Financial assets                      EUR         20,119,629.60

    Shares in participations /

    subsidiaries and the like            EUR         15,819,629.60

     Shares in related companies         EUR         15,819,629.60

    Loans to participations /

    subsidiaries and the like            EUR          4,300,000.00

     Loans to related companies          EUR          4,300,000.00

  Current assets                         EUR        130,579,370.84

   Stocks                                EUR         11,618,218.15

    Raw materials, consumables and

    supplies                             EUR          7,546,486.00

    Finished goods / work in progress    EUR          4,020,534.00

    Advance payments made                EUR             51,198.15

   Accounts receivable                   EUR         72,001,080.06

    Trade debtors                        EUR         34,570,847.96

    Amounts due from related companies   EUR         14,300,824.88

    Other debtors and assets             EUR         23,129,407.22

   Liquid means                          EUR         46,960,072.63

  Remaining other assets                 EUR             20,853.05

   Accruals (assets)                     EUR             20,853.05

 

 LIABILITIES                             EUR        157,335,388.32

  Shareholders' equity                   EUR        114,262,004.36

   Capital                               EUR          5,112,918.81

    Subscribed capital (share capital)   EUR          5,112,918.81

   Reserves                              EUR            968,475.55

    Retained earnings / revenue reserves EUR            968,475.55

   Balance sheet profit/loss (+/-)       EUR        108,180,610.00

    Profit / loss brought forward        EUR         70,269,420.61

    Annual surplus / annual deficit      EUR         37,911,189.39

  Provisions                             EUR         11,726,574.00

   Pension provisions and comparable

   provisions                            EUR          4,326,740.00

   Provisions for taxes                  EUR            997,000.00

   Other / unspecified provisions        EUR          6,402,834.00

  Liabilities                            EUR         31,346,809.96

   Financial debts                       EUR         12,529,738.88

    Liabilities due to banks             EUR         12,529,738.88

   Other liabilities                     EUR         18,817,071.08

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR          4,829,232.13

    Liabilities from received advance

    payments                             EUR            435,877.02

    Liabililties due to related companiesEUR            517,301.78

    Unspecified other liabilities        EUR         13,034,660.15

     thereof liabilities from tax /

     financial authorities               EUR          1,005,359.09

     thereof liabilities from social

     security                            EUR             34,655.75

  Guarantees and other commitments       EUR         39,576,000.00

   Discounted bills of exchange          EUR             88,000.00

   Guarantees / warranties               EUR         37,806,000.00

    Guarantees                           EUR         13,901,000.00

    Warranties                           EUR         23,905,000.00

   Liability from creation of a security

   interest for third parties            EUR          1,682,000.00

 

 PROFIT AND LOSS ACCOUNT (cost-summary method) according to Comm.

 Code (HGB)

  Sales                                  EUR        303,404,453.90

  Inventory change + own costs (+/-)     EUR          1,546,973.00

   Inventory change (+/-)                EUR          1,546,973.00

  Other operating income                 EUR         13,323,957.73

  Cost of materials                      EUR        254,457,335.83

   Raw materials and supplies, purchased

   goods                                 EUR        238,319,257.11

   Purchased services                    EUR         16,138,078.72

  Gross result (+/-)                     EUR         63,818,048.80

  Staff expenses                         EUR         16,843,945.72

   Wages and salaries                    EUR         14,458,057.86

   Social security contributions and

   expenses for pension plans and

   benefits                              EUR          2,385,887.86

  Total depreciation                     EUR          1,285,926.27

   Depreciation on tangible / intangible

   asssets (incl. start-up and exp. of

   bus.                                  EUR          1,285,926.27

  Other operating expenses               EUR         34,989,493.05

  Operating result from continuing

  operations                             EUR         10,698,683.76

  Result from participating interests

  (+/-)                                  EUR         35,391,515.01

   Expenses / income from participations EUR         37,572,920.89

    Income from related companies        EUR         37,572,920.89

   Expenses for participations           EUR          2,181,405.88

    Expenses for other participations    EUR          2,181,405.88

  Interest result (+/-)                  EUR         -2,269,850.62

   Interest and similar income           EUR          1,305,771.44

    thereof from related companies       EUR            293,777.00

   Interest and similar expenses         EUR          3,575,622.06

    thereof paid to related companies    EUR                  0.00

  Financial result (+/-)                 EUR         33,121,664.39

  Result from ordinary operations (+/-)  EUR         43,820,348.15

  Extraordinary expenses                 EUR            601,452.00

  Extraordinary result (+/-)             EUR           -601,452.00

  Income tax / refund of income tax (+/-)EUR         -5,289,351.87

  Other taxes / refund of taxes          EUR            -18,354.89

  Tax (+/-)                              EUR         -5,307,706.76

  Annual surplus / annual deficit        EUR         37,911,189.39


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.63.45

UK Pound

1

Rs.101.17

Euro

1

Rs.85.55

 

 

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%)

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.