|
Report Date : |
25.11.2013 |
IDENTIFICATION DETAILS
|
Name : |
COMPANHIA PROVIDÊNCIA INDÚSTRIA E COMÉRCIO |
|
|
|
|
Registered Office : |
Rodovia Br 376, S/Nº. Km 16,5, Caixa Postal 334 Barro Preto, 83015-000
- São José Dos Pinhais/Pr |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
30.09.2013 |
|
|
|
|
Date of Incorporation : |
04.06.1963 |
|
|
|
|
Legal Form : |
Publicly Held Corporation |
|
|
|
|
Line of Business : |
Manufacture of flexible packages, tubes and connection made of pvc and
non-textile products. |
|
|
|
|
No. of Employees : |
617 |
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 : |
Slow but correct |
|
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) |
|
Brazil |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
BRAZIL - ECONOMIC OVERVIEW
Characterized by large and well-developed agricultural, mining, manufacturing, and service sectors, Brazil's economy outweighs that of all other South American countries, and Brazil is expanding its presence in world markets. Since 2003, Brazil has steadily improved its macroeconomic stability, building up foreign reserves, and reducing its debt profile by shifting its debt burden toward real denominated and domestically held instruments. In 2008, Brazil became a net external creditor and two ratings agencies awarded investment grade status to its debt. After strong growth in 2007 and 2008, the onset of the global financial crisis hit Brazil in 2008. Brazil experienced two quarters of recession, as global demand for Brazil's commodity-based exports dwindled and external credit dried up. However, Brazil was one of the first emerging markets to begin a recovery. In 2010, consumer and investor confidence revived and GDP growth reached 7.5%, the highest growth rate in the past 25 years. Rising inflation led the authorities to take measures to cool the economy; these actions and the deteriorating international economic situation slowed growth to 2.7% in 2011, and 1.3% in 2012. Unemployment is at historic lows and Brazil's traditionally high level of income inequality has declined for each of the last 14 years. Brazil's historically high interest rates have made it an attractive destination for foreign investors. Large capital inflows over the past several years have contributed to the appreciation of the currency, hurting the competitiveness of Brazilian manufacturing and leading the government to intervene in foreign exchange markets and raise taxes on some foreign capital inflows. President Dilma ROUSSEFF has retained the previous administration's commitment to inflation targeting by the central bank, a floating exchange rate, and fiscal restraint. In an effort to boost growth, in 2012 the administration implemented a somewhat more expansionary monetary policy that has failed to stimulate much growth.
|
Source : CIA |
COMPANHIA PROVIDÊNCIA INDÚSTRIA E COMÉRCIO
|
MAIN ADDRESS: |
RODOVIA BR 376, S/Nº. KM 16,5, CAIXA POSTAL 334 BARRO PRETO |
|
ZIP CODE/CITY: |
83015-000 - SÃO JOSÉ DOS PINHAIS/PR |
|
|
|
|
PHONE: |
41 3381-7600 |
|
FAX: |
41 3381-7633 |
|
E-MAIL: |
cia@providencia.com.br |
|
WEB SITE: |
www.providencia.com.br |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
RUA CENNO SBRIGHI, 27 - 5º ANDAR - LAPA |
|
ZIP CODE/CITY: |
05036-010 SÃO PAULO/SP |
|
PHONE: |
11 3611-2038 |
|
FAX: |
11 3611-2109 |
|
CNPJ: |
765001800 |
|
|
|
|
ADDRESS: |
AVENIDA DOS ALECRINS, 1130 - DISTRITO INDUSTRIAL |
|
ZIP CODE/CITY: |
37550-000 POUSO ALEGRE/MG |
|
PHONE: |
35 3449-2900 |
|
FAX: |
35 3449-2902 |
|
MAIN ACTIVITIES: |
|
MANUFACTURE OF FLEXIBLE PACKAGES, TUBES AND CONNECTION MADE OF PVC AND
NON-TEXTILE PRODUCTS. |
|
LEGAL FORM: |
PUBLICLY
HELD CORPORATION |
|
|
|
|
INCORPORATION DATE: |
04/06/1963 |
|
REGISTER DATE: |
04/06/1963 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
76.500.180/0001-32 |
|
STATE REGISTER: |
101.09031-02 |
|
|
|
|
SHARE CAPITAL: |
R$
422.268.606,50 |
|
LAST REGISTER OF CAPITAL: |
27/09/2007 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
HERMNIO DE FREITAS |
PRESIDENT DIRECTOR |
|
ROMEO BREGANT |
DIRECTOR |
|
DANIEL SVIRSKI |
DIRECTOR |
|
THE DIRECTORS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
FUNDO DE INVESTIMENTO EM PARTICIPAÇÕES VOLLUTO |
17,431291% |
|
VICTOIRE BRASIL INV. ADM. DE RECURSOS LTDA |
5,108374% |
|
BOREAL AÇÕES III FIA |
3,361648% |
|
FUNDO DE INVESTIMENTOS EM PARTICIPAÇÕES C.A |
1,452607% |
|
BANCO ESPÍRITO SANTOS S/A |
7,322821% |
|
FIP GG (GOV. E GESTÃO INVESTIMENTOS LTDA.) |
12,586557% |
|
BOREAL FUNDO DE INVESTIMENTOS EM PARTICIPAÇÕES |
5,810864% |
|
ESPÍRITO SANTO CAPITAL - SOCIEDADE CAPITAL DE RISCO S/A |
2,440941% |
|
FUNDO DE INVESTIMENTOS GGPAR |
1,212781% |
|
FIP BRASIL EQUITY II |
7,844082% |
|
FIP BSSF II |
11,766122% |
|
SUL AMERICA INV. DISTR. TIT. VAL. MOPBILIÁRIOS S/A |
5,071143% |
|
ADMINISTRADORES |
0,069980% |
|
SHARES IN TREASURY |
0,022863% |
|
OTHERS |
18,497926% |
|
AFFILIATES / SUBSIDIARIES: |
|
|
|
|
|
ISOFILME INDUSTRIA E COMERCIO DE PLÁSTICOS LTDA |
99,99% |
|
PROVIDÊNCIA USA INC. |
100,00% |
|
THE PROVIDÊNCIA CO. IS ONE OF THE FIRST IN THE PRODUCTION OF PLASTICS IN
SOUTH OF BRAZIL, STARTING ITS ACTIVITIES IN 1964, IN THE LINE OF FLEXIBLE
PACKAGING. IN 1968, START THE PRODUCTION OF PIPES AND CONNECTIONS WITH THE
INTRODUCTION OF THE PLANT IN SÃO JOSÉ DOS PINHAIS. OWNER OF ADVANCED
TECHNOLOGY IS THE ONE OF THE MAJOR COMPANY IN THIS BUSINESS. PIPES AND
CONNECTIONS FROM TRADEMARK PROVINIL ARE KNOWN BY ITS HIGH QUALITY AND
RESISTANCE. OUR SLOGAN IS: "LUCKY, WHO USES IT". IN 1990, THE PROVIDÊNCIA CO. INNOVATES AND REVOLUTIONIZES THE
BRAZILIAN MARKET IMPORTING THE FIRST MACHINE REIFENHAUSER OF GERMAN
TECHNOLOGY, FOR THE 'NONWOVEN' PRODUCTION, GETTING THE TRADE MARK
"KAMI". MADE OF POLYPROPYLENE THROUGH THE PROCESS 'SPUNBONDING', ADVANCED
TECHNOLOGY RELATED TO 'NONWOVEN' PRODUCTION, INCREASING ITS PRODUCTION CAPACITY
IN 70% AND EMPHASIZING ITS LEADERSHIP IN LATIN AMERICA IN NONWOVEN WITH
TRADEMARK "KAMI". THE PROVIDÊNCIA CO. USES OWN RESOURCES FOR ITS
INVESTMENTS AND PLANS FOR 2002 THE SEVENTH LINE OF 'NONWOVEN' PRODUCTION,
CONSIDERING THAT THE BUDGET REGARDING THIS HAS ALREADY APPROVED. IN SEPTEMBER 2003 THE SUBJECT TOOK OVER SUL PROVIDÊNCIA ADMINISTRAÇÃO
DE BENS S/A., CNPJ 05.881.666/0001-10. IN JANUARY 2007 THE COMPANY SPLIT PART OF ITS NET EQUITY AND
TRANSFERRED TO KAMI PROVIDÊNCIA PARTICIPAÇÕES S/A. ON JANUARY 18, 2007 THE COMPANY SPLIT PART OF ITS NET EQUITY TO SET UP
ANAMILA ADMINISTRAÇÃO E PARTICIPAÇÕES S/A. ON JANUARY 30, 2007 THE COMPANY AMNAMILA ADMINISTRAÇÃO E PARTICIPAÇÕES
S/A, WHICH SHAREHOLDERS ARE AIG GLOBAL MANAGEMENT - 28,9%, FUNDO DE INVESTIMENTO
EM PARTICIPACOES GOVERNANÇA E GESTÇÃO - 28,9%, FUNDO DE INVESTIMENTO EM
PARTICIPACOES - SAS - 27,8% E BANCO ESPIRITO SANTO S/A %, AQUIRED THE
SHAREHOLDING CONTROL OF THE SUBJECT, THOUGH THE PURCHASE OF THE SHARES OF THE
CONTROLLING COMPANY STAR FUNDO DE INVESTIMENTOS EM PARTICIPACOES. ON FEBRUARY 28, 2007 THE SUBJECT TOOK OVER ALNILAN S/A AND THE SHARE
CAPITAL WAS INCREASED FROM R$ 222.785.242,92 TO R$ 419.768.606,06. ALL THESE RESTRUCTURING PROCEEDINGS WERE CARRIED OUT IN ORDER TO MAKE
THE COMPANY FULLY ABLE TO GO PUBLIC. ITS REGISTRATION AT THE BRAZILIAN
SECURITIES AND EXCHANGE COMMISSION HAS JUST BEEN APPROVED AND THE COMPANY HAS
ALREADY CARRIED OUT ITS IPO. FURTHER DETAILS ARE SO FAR NOT KNOWN. |
|
PROTESTS: |
|
3 PROTESTS,TOTAL AMOUNT R$
629,21 |
|
DETAILS OF LATEST PROTESTS: |
|
NOTARY OFFICE: |
DATE: |
VALUE: |
|
2º CARTÓRIO DE PR-SÃO JOSÉ DOS PINHAIS |
11/11/2013 |
R$ 61,22 |
|
2º CARTÓRIO DE PR-SÃO JOSÉ DOS PINHAIS |
11/11/2013 |
R$ 269,99 |
|
2º CARTÓRIO DE PR-SÃO JOSÉ DOS PINHAIS |
11/11/2013 |
R$ 298,00 |
|
GENERAL BALANCE
SHEETS AS OF 30/09/2013, 31/12/2012 AND 31/12/2011. |
|
( FIGURES ARE IN
THOUSANDS OF REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
30/09/2013 |
31/12/2012 |
31/12/2011 |
|
|
|
|
|
|
CASH AND BANKS |
3.455 |
4.291 |
2.940 |
|
INVESTMENTS |
59.632 |
82.423 |
70.460 |
|
CLIENTS |
116.645 |
106.361 |
133.245 |
|
INVENTORY |
33.953 |
31.763 |
38.773 |
|
RECOVERABLE TAXES |
31.965 |
33.457 |
30.697 |
|
OTHER CREDITS |
18.980 |
24.339 |
6.747 |
|
CREDIT WITH RELATED PARTIES |
|
|
9.486 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT ASSETS |
264.630 |
282.634 |
292.348 |
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
RECOVERABLE TAXES |
15.473 |
19.855 |
26.690 |
|
COMPULSORY LOANS |
31 |
30 |
29 |
|
DEFERRED TAXES |
35.054 |
44.302 |
62.870 |
|
JUDICIAL DEPOSITS |
44 |
22 |
39 |
|
CLIENTS |
1.370 |
1.859 |
2.177 |
|
OTHER CREDITS |
127 |
127 |
127 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG-TERM RECEIVABLES |
52.099 |
66.195 |
91.932 |
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
INVESTMENTS |
134.493 |
129.649 |
120.234 |
|
FIXED ASSETS |
411.316 |
417.507 |
427.870 |
|
INTANGIBLE |
7.529 |
8.478 |
10.217 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL FIXED ASSETS |
553.338 |
555.634 |
558.321 |
|
|
================ |
================ |
================ |
|
TOTAL ASSETS |
870.067 |
904.463 |
942.601 |
|
LIABILITIES: |
|
|
|
|
CURRENT: |
30/09/2013 |
31/12/2012 |
31/12/2011 |
|
|
|
|
|
|
LOANS AND FINANCING |
21.863 |
76.440 |
44.430 |
|
SUPPLIERS |
13.880 |
21.586 |
20.900 |
|
TAX LIABILITIES |
1.225 |
1.882 |
1.391 |
|
PROVISIONS |
200 |
225 |
379 |
|
SOCIAL / LABOR OBLIGATIONS |
7.533 |
7.229 |
6.816 |
|
DIVIDENDS |
17.958 |
9 |
|
|
OTHER DEBTS |
2.554 |
2.076 |
10.318 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT LIABILITIES |
65.213 |
109.447 |
84.234 |
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
TRIBUTARY OBLIGATIONS |
172 |
218 |
500 |
|
LOANS AND FINANCING |
134.329 |
96.728 |
161.083 |
|
PROVISIONS |
8.254 |
8.093 |
7.499 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG TERM LIABILITIES |
142.755 |
105.039 |
169.082 |
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
409.003 |
409.003 |
409.003 |
|
CAPITAL RESERVES |
12.211 |
11.065 |
10.251 |
|
PROFIT RESERVES |
78.258 |
112.047 |
101.434 |
|
OTHER COMPREHENSIVE INCOME |
149.444 |
157.862 |
168.597 |
|
ACCRUED PROFIT (LOSS) |
13.183 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL NET EQUITY |
662.099 |
689.977 |
689.285 |
|
|
================ |
================ |
================ |
|
TOTAL LIABILITIES |
870.067 |
904.463 |
942.601 |
|
PROFIT AND LOSS
ACCOUNTS AS OF 30/09/2013, 31/12/2012 AND 31/12/2011. |
|
( FIGURES ARE IN
THOUSANDS OF REAIS ). |
|
|
30/09/2013 |
31/12/2012 |
31/12/2011 |
|
|
|
|
|
|
NET SALES |
345.412 |
441.108 |
408.708 |
|
(-) COST OF SOLD GOODS |
246.837 |
304.597 |
282.229 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS PROFIT |
98.575 |
136.511 |
126.479 |
|
OPERATING REVENUE (EXPENSE) |
-57.368 |
-65.594 |
-78.666 |
|
FINANCIAL REVENUE(EXPENSE) |
-8.720 |
-7.278 |
-6.846 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL PROFIT (LOSS) |
32.487 |
63.639 |
40.967 |
|
CONTRIBUTION/INCOME TAX |
-9.248 |
-18.568 |
-11.516 |
|
|
---------------- |
---------------- |
---------------- |
|
NET PROFIT (LOSS) |
23.239 |
45.071 |
29.451 |
|
RATIOS: |
30/09/2013 |
31/12/2012 |
31/12/2011 |
|
QUICK RATIO |
3,54 |
|
2,29 |
|
3,01 |
|
|
CURRENT RATIO |
4,06 |
|
2,58 |
|
3,47 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
2,96 |
TIMES |
4,15 |
TIMES |
3,07 |
TIMES |
|
DAYS' SALES IN RECEIVABLES |
91,18 |
DAYS |
86,80 |
DAYS |
117,37 |
DAYS |
|
INVENTORY TURNOVER |
7,27 |
TIMES |
9,59 |
TIMES |
7,28 |
TIMES |
|
ACCOUNTS PAYABLE PERIOD |
15,18 |
DAYS |
25,51 |
DAYS |
26,66 |
DAYS |
|
RETURN ON ASSETS |
,40 |
TIMES |
,49 |
TIMES |
,43 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
,52 |
TIMES |
,64 |
TIMES |
,59 |
TIMES |
|
NET WORTH TIE-UP |
,62 |
|
,61 |
|
,62 |
|
|
INDEBTEDNESS |
,31 |
|
,31 |
|
,37 |
|
|
EQUITY RATIO |
76,10 |
% |
76,29 |
% |
73,13 |
% |
|
WORKING CAPITAL RATIO |
305,79 |
% |
158,24 |
% |
247,07 |
% |
|
GENERAL SOLVENCY |
4,18 |
|
4,22 |
|
3,72 |
|
|
RETURN ON NET EQUITY |
3,51 |
% |
6,53 |
% |
4,27 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
6,73 |
% |
10,22 |
% |
7,21 |
% |
|
GROSS PROFIT MARGIN |
28,54 |
% |
30,95 |
% |
30,95 |
% |
|
OPERATIONAL RESULT |
9,41 |
% |
14,43 |
% |
10,02 |
% |
|
SALES TURNOVER ON LIABILITIES |
5,30 |
TIMES |
4,03 |
TIMES |
4,85 |
TIMES |
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 2,27 |
- OFFICIAL RATE ON 20/11/2013 |
|
US$ 1,00 = R$ 2,23 |
- OFFICIAL RATE ON 30/09/2013 |
|
US$ 1,00 = R$ 2,04 |
- OFFICIAL RATE ON 31/12/2012 |
|
US$ 1,00 = R$ 1,87 |
- OFFICIAL RATE ON 31/12/2011 |
|
COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE ANNUAL FIGURES FOR 2012 SHOW A GOOD FINANCIAL STANDING. IT HAD
HIGH LIQUIDITY RATIOS AND LOW LEVEL OF INDEBTEDNESS. FURTHER, IT SHOWED
GROWING SALES AND POSITIVE RESULT. THE QUARTERLY FIGURES FOR SEPTEMBER 2013 SHOW THAT THE LIQUIDITY
REMAINS HIGH AND THE LEVEL OF INDEBTEDNESS LOW. IT ALSO SHOWS GROWING SALES
TREND AND IT MADE PROFIT. |
|
REAL ESTATE: |
OWNED PREMISES ARE VALUED AT R$ 147.110.000,00
|
VEHICLES: |
NOT AVAILABLE
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS ARE VALUED AT R$ 697.052.000,00
|
THE GROUP AND ITS SUBSIDIARIES ISOFILME INDÚSTRIA E COMÉRCIO DE
PLÁSTICOS LTDA. AND PROVIDÊNCIA USA, INC. HAVE ASSETS INSURED AGAINST RISKS AT
AMOUNTS CONSIDERED SUFFICIENT BY MANAGEMENT TO COVER ANY LOSSES, TAKING INTO
ACCOUNT THE NATURE OF THEIR ACTIVITIES. THE POLICIES ARE QUOTED WITH SEVERAL
INSURANCE COMPANIES, ARE CURRENTLY IN EFFECT AND THE PREMIUMS HAVE BEEN DULY
PAID. THE GROUP HAS A RISK MANAGEMENT PROGRAM WITH THE OBJECTIVE OF LIMITING
THE RISKS, OBTAINING IN THE MARKET COVER COMPATIBLE WITH ITS SIZE AND
OPERATIONS, AND THE INSURANCE COVER IS CONSISTENT WITH THAT OF OTHER
COMPANIES OF A SIMILAR SIZE OPERATING IN THE SECTOR. AT SEPTEMBER 30, 2013, THE COMPANY AND ITS SUBSIDIARIES HAD THE
FOLLOWING INSURANCE POLICIES: |
|
COVERAGE: |
EQUITY (OPERATIONS, CEASING PROFIT) |
|
VALUE: |
R$ 894.090.000,00 |
|
|
|
|
COVERAGE: |
CIVIL LIABILITY |
|
VALUE: |
R$ 137.641.000,00 |
|
|
|
|
COVERAGE: |
INTERNATIONAL TRANSPORTATION (IMPORT AND EXPORT) |
|
VALUE: |
R$ 34.495.000,00 |
|
|
BRANCH/PHONE: |
|
|
HSBC BANK BRASIL S/A |
0124 |
|
|
BANCO DO BRASIL S/A |
2823 |
|
|
BANCO PINE S/A |
0003 |
|
|
BANCO SANTANDER (BRASIL) S/A |
0070 |
|
|
BANCO ITAÚ S/A |
0274 |
|
|
BANCO DO BRASIL S/A |
1518 |
|
|
REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE
INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW PROHIBITION
WE ARE UNABLE TO PROVIDE ANY BANKING DETAILS. ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL REPORT, THE COMPANY
HAS NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682
BRAZILIAN CENTRAL BANK |
|
THE COMPANY IS ENGAGED IN THE MANUFACTURE OF FLEXIBLE PACKAGES, TUBES
AND CONNECTION MADE OF PVC AND NON-TEXTILE PRODUCTS. THE FOLLOWING % OF THE GOODS ARE NOTED REGARDING THE TOTAL PRODUCTION
CAPACITY: FLEXIBLE PACKAGES
09 % TUBES AND CONNECTIONS OF PVC
28 % NON-TEXTILES
93 % PRODUCTION CAPACITY (TONS/MONTHLY) TUBES AND CONNECTIONS OF PVC
4.500 TON PLASTIC PACKAGES
350 TON NON-TEXTILES
1.700 TON |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
ARGENTINA, GERMANY, UNITED STATES, COSTA RICA AND CHILE. |
EXPORTS TO:
|
ARGENTINA, BOLIVIA, CHILE, COSTA RICA, UNITED ARAB EMIRATES AND UNITED
STATES. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
|
PHONE: |
|
ALOES INDÚSTRIA E COMÉRCIO LTDA |
|
21 3602-4400 |
|
AORTA DO BRASIL IND. COMÉRCIO LTDA |
|
21 3672-0552 |
|
BALAROTI COM. MAT. CONST. LTDA |
|
41 3322-7333 |
|
CASSOL MAT. CONSTRUÇÃO LTDA |
|
41 3356-3434 |
|
DCR 3 IND. COM. DE BOLSAS LTDA |
|
21 3671-5486 |
|
DIMASOL COMERCIAL LTDA |
|
11 3227-2952 |
|
DRYPERS DO BRASIL IND. COM. LTDA |
|
11 3246-6796 |
|
EDRA DO BRASIL IND. E COMÉRCIO |
|
19 3576-9300 |
|
EVER GREEN IND. E COM. LTDA |
|
11 3758-1177 |
|
INDÚSTRIA TODESCHINI S/A |
|
41 3346-9339 |
|
JOHNSON E JOHNSON COMÉRCIO E DISTRIBUIÇÃO LTDA |
|
11 3332-3100 |
|
KIMBERLY CLARK KENKO IND. E COMÉRCIO |
|
11 3038-1212 |
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M. P. C. IND. E COM. LTDA |
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21 3671-7304 |
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MILI DISTR. DE PAPEIS S/A |
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11 3227-8000 |
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POM POM PROD. HIGIÊNICOS LTDA |
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11 6412-1212 |
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PROCTER E GAMBLE DO BRASIL & CIA |
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11 3748-0150 |
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SANEPAR-CIA SAN. DO PARANÁ |
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41 3330-3636 |
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FOREIGN CLIENTS: |
COUNTRY: |
PHONE: |
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ACCUTEC DISTRIBUTORS INC. |
HIALIAH, FLORIDA - USA |
305 822-5519 |
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ACCUTES DISTRIBUTORS |
MIAMI FLORIDA- USA |
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CUEROS KOCHEN S/A |
BUENOS AIRES - ARGENTINA |
54-023-728122 |
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ESPUMAS PILAR S.R.L |
BUENOS AIRES - ARGENTINA |
(0541) 543 6492 |
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HEMLEY CORPORATION |
BROOKLIM- USA |
001 718 456 1117 |
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HORTICULTURE TRAB 7 IMP CO |
AL AIN - UAE |
8713 662213 |
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INDÚSTRIA CRUCENA DEL PAPEL "KUPEL LTDA. |
SANTA CRUZ DE LA SIERRA - BOLIVIA |
34 5525 |
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KIMBERLY BOLIVIA S/A. |
BOLIVIA |
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KIMBERLY CLASK CHILE S/A |
SANTIAGO - CHILE |
562 394-4800 |
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PERKINS SALES INC |
EDISTO ISLAND, USA SC 29438 |
843 869-1166 |
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PROCTER E GAMBLE S/A |
SANTIAGO - CHILE |
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PRODESA S/A |
SANTIAGO - CHILE |
562 551-5353 |
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SCOTT PAPER CO. DE COSTA RICA |
HEREDIA - COSTA RICA |
506-239-0222 |
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STAFF: |
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THE COMPANY HAS: 617 EMPLOYEE(S) |
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THE SUBJECT IS AN OLD AND WELL-ESTABLISHED COMPANY OPERATING SINCE
1963. IT IS A FAMILY OWNED COMPANY OPERATING WITH A GROWING SCALE OF
ACTIVITIES AND A CLEAR TRADE HISTORY. THE COMPANY HAS TRADE RELATIONS WITH SEVERAL LOCAL SUPPLIERS CREDIT
FACILITIES ARE EXTENDED WITHIN TERMS AND AMOUNTS ACCORDING TO THE COMPANY'S
NEEDS AND SO FAR NO PAYMENT PROBLEMS ARE NOTED. THE PROTESTS FOUND ARE NOT CONSIDERED RELEVANT. |
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MAIN SUPPLIERS: |
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DOMESTIC
SUPPLIERS: |
CITY: |
PHONE: |
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CIA. BRASILEIRA DE PETRÓLEO IPIRANGA |
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DACARTO BENVIC S/A |
SANTO ANDRÉ/SP |
11 3658-9490 |
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DOW BRASIL S/A |
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IMERYS DO BRASIL COM. DE EXTRAÇÃO DE MINÉRIOS LTDA |
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IPIRANGA PETROQUIMICA S/A |
TRIUNFO/RS |
51 3216-4411 |
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MULTIPACK PROD. QUIM. IND. E COMÉRCIO |
GUARULHOS/SP |
11 6412-7433 |
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OPP PETROQUÍMICA S/A |
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11 5180-5656 |
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OPP POLIETILENOS S/A |
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11 5180-5656 |
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OPP QUÍMICA S/A |
ARAUCÁRIA/PR |
41 3643-1744 |
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POLIBRASIL RESINAS S/A |
MAUA/SP |
11 3345-5900 |
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POLITENO IND. E COMÉRCIO S/A |
CAMAÇARI/BA |
71 3832-4444 |
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QUIMICA IND. BARRA DO PIRAI S/A |
ARCOS/MG |
37 3351-1196 |
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SOLVAY DO BRASIL S/A |
SANTO ANDRÉ/SP |
11 4439-8822 |
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TRIKEM S/A |
IMBITUBA/SC |
48 3255-0328 |
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VIVACOR IND. TINTAS E VERNIZES |
DIADEMA/SP |
11 4075-3611 |
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FOREIGN
SUPPLIERS: |
COUNTRY: |
PHONE: |
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ACELLI SPA (1508) |
VIA ROMANA OVERT 212 - ITALY |
039 0583-21171 |
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AMPACET SOUTH AMERICA S/A |
ARGENTINA |
(02320) 494144 |
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HOECHST AG |
FRANKFURT AM MAIN - GERMANY |
(069) 305-0 |
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REIFENHAUSER GMBH & MASCHINENFABRIK |
TROISDORF-SIEGLAR - GERMANY |
(02241) 481-0 |
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SML MASCHINENGESELLSCHAFT MBH (1972) |
LENZING - AUSTRIA |
43 7672-912-0 |
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08 SUPPLIERS REPORTED PAYMENTS: |
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TOTAL AMOUNT: R$ 319.543,00 |
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AMOUNT OF INVOICES PAID: 70 |
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TOTAL OF PROMPT PAYMENTS: 89,7% |
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TOTAL OF DELAYED PAYMENTS: 10,3% |
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HIGHEST INVOICE: R$ 182.743,00 |
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HIGHEST CREDIT: R$ 182.743,00 |
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THE SUBJECT IS AN OLD-ESTABLISHED COMPANY IN BUSINESS FOR SEVERAL
YEARS. UP TO DATE IT HAS GOOD FINANCIAL STANDING, A CLEAR TRADE HISTORY AND
GOOD PAYMENT RECORD. BASED ON THE OVERALL INFORMATION AVAILABLE, IT IS BELIEVED THAT GOOD
TRADE RELATIONS MAY BE ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED WITHIN
TERMS AND AMOUNTS ADEQUATE TO THE COMPANY'S SIZE AND FINANCIAL STRENGTH. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian
Rupees |
|
US Dollar |
1 |
Rs.63.02 |
|
UK Pound |
1 |
Rs.102.04 |
|
Euro |
1 |
Rs.84.91 |
INFORMATION DETAILS
|
Report
Prepared by : |
NLM |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the
strongest capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall
operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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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.