MIRA INFORM REPORT

Report Date :

02.10.2013

IDENTIFICATION DETAILS

Name :	_{PEIKKO FINLAND OY}

Registered Office :	Voimakatu 3, Lahti 15170

Country :	Finland

Financials (as on) :	2011

Date of Incorporation :	12.12.2008

Com. Reg. No.:	22377677

Legal Form :	Limited company

Line of Business :	Manufacture of metal structures and parts of structures.

No. of Employees :	213

RATING & COMMENTS

MIRA’s Rating :

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 31^st, 2013

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

Finland

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

FINLAND - ECONOMIC OVERVIEW

Finland has a highly industrialized, largely free-market economy with per capita output almost as high as that of Austria, Belgium, the Netherlands, and Sweden. Trade is important with exports accounting for over one third of GDP in recent years. Finland is strongly competitive in manufacturing - principally the wood, metals, engineering, telecommunications, and electronics industries. Finland excels in high-tech exports such as mobile phones. Except for timber and several minerals, Finland depends on imports of raw materials, energy, and some components for manufactured goods. Because of the climate, agricultural development is limited to maintaining self-sufficiency in basic products. Forestry, an important export earner, provides a secondary occupation for the rural population. Finland had been one of the best performing economies within the EU in recent years and its banks and financial markets avoided the worst of global financial crisis. However, the world slowdown hit exports and domestic demand hard in 2009, with Finland experiencing one of the deepest contractions in the euro zone. A recovery of exports, domestic trade, and household consumption stimulated economic growth in 2010-11. The recession affected general government finances and the debt ratio, turning previously strong budget surpluses into deficits, but Finland has taken action to ensure it will meet EU deficit targets by 2013 and retains its triple-A credit rating. Finland's main challenge in 2013 will be to stimulate growth in the face of weak demand in EU export markets and government austerity measures meant to reduce its budget deficit. Longer-term, Finland must address a rapidly aging population and decreasing productivity that threaten competitiveness, fiscal sustainability, and economic growth

Source : CIA

Company name

_{PEIKKO FINLAND OY}

Company Summary

Company Name Peikko Finland Oy Company Registration Number 22377677

Country FI Number FI01064100

Activity Code 25110 Activity Description Manufacture of metal structures and parts of structures

Company Status Active Latest Turnover 52,309,000.00 (EUR)

Company Identification

Activities

Activity Code 25110

Activity Description Manufacture of metal structures and parts of structures

Previous Names

Previous Name Vipusen Metalli Oy

Basic Information

Company Name Peikko Finland Oy

Registered Company Name Peikko Finland Oy

Company Registration Number 22377677

Country FI

VAT Registration Number 22377677

VAT Registration Date 01/01/2009

Date of Company Registration 12/12/2008

Date of Starting Operations 12/12/2008

Legal Form Limited company

Company Status Active

Principal Activity Code 25110

Principal Activity Description Manufacture of metal structures and parts of structures

Contact Address Voimakatu 3, LAHTI 15170

Contact Telephone Number 03844511

Main Address

Address Voimakatu 3, LAHTI 15170

Country FI

Telephone 03844511

Other Addresses

Address Voimakatu 3, LAHTI 15170

Address LAHTI 15101

Web Addresses

www.peikko.fi

Current Directors Managers

Name Rusila Esa Sakari

Date of Birth 05/08/1973

Position Actual Member of Board

Date Appointed 14/06/2012

Name Rusila Esa Sakari

Date of Birth 05/08/1973

Position Managing director

Date Appointed 17/04/2013

Name Paananen Topi Anselmi

Date of Birth 13/02/1971

Position Chairman of Board

Date Appointed 14/06/2012

Share Capital Structure

Issued Share capital 2,500.00 (EUR)

Extended Group Structure
Company Name	Registration Number	Status	Last Financials
1 Troll Capital Oy	15450151	Active	31/12/2011
2 Asunto Osakeyhtiö Helsingin Villa Rosa	10780776	Active
2 Peikko Group Oy	06419267	Active	31/12/2011
3 DELTABEAM SLOVAKIA SRO		Other
3 OOO PEIKKO		Other
3 PEIKKO AB		Other
3 PEIKKO AUSTRIA GMBH		Other
3 Peikko Benelux B.V.	081467620000	Active	31/12/2012
3 PEIKKO CEE SRO		Other
3 PEIKKO CZECH REPUBLIC SRO		Other
3 PEIKKO DANMARK APS		Other
3 Peikko Deutschland GmbH	910558379	Active	31/12/2011
3 PEIKKO EESTI OÜ		Other
3 Peikko Finland Oy	22377677	Active	31/12/2011
3 PEIKKO FRANCE	50523073000028	Active	31/12/2011
3 PEIKKO GREECE A.E.		Other
3 PEIKKO ITALIA S.R.L.	MI1799395	Other
3 PEIKKO LTD. ST		Other
3 PEIKKO NORGE AS	946249114	Active	31/12/2012
3 PEIKKO POLSKA SP ZOO		Other
3 PEIKKO SCHWEIZ AG		Other
3 PEIKKO SPAIN	1511883	Active	31/12/2012
3 PEIKKO UK LIMITED	05815367	Active	31/12/2012
3 PEIKKO UKRAINA LTD		Other
3 SIA PEIKKO LATVIJA		Other
3 UAB PEIKKO KAUNAS REAL ESTATE		Other
3 UAB PEIKKO LIETUVA		Other
2 Troll Ventures Oy	20651580	Active	31/12/2008

Affiliated Companies

Affiliate Name Asunto Osakeyhtiö Helsingin Villa Rosa

Affiliate ID FI014/X/10780776

Country FI

Affiliate Name Peikko Benelux B.V.

Affiliate ID NL007/X/081467620000

Country NL

Affiliate Name Peikko Deutschland GmbH

Affiliate ID

Country DE

Affiliate Name PEIKKO FRANCE

Affiliate ID FR002/X/50523073000028

Country FR

Affiliate Name PEIKKO ITALIA S.R.L.

Affiliate ID IT013/X/MI1799395

Country IT

Affiliate Name PEIKKO NORGE AS

Affiliate ID NO017/X/946249114

Country NO

Affiliate Name PEIKKO SPAIN

Affiliate ID ES022/X/1511883

Country ES

Affiliate Name PEIKKO UK LIMITED

Affiliate ID GB003/0/05815367

Country GB

Affiliate Name Troll Ventures Oy

Affiliate ID FI014/X/20651580

Country FI

Employee Information

Year 2011

Number of Employees 213

Year 2010

Number of Employees 244

Year 2009

Number of Employees 305

Year 2008

Number of Employees 100-249

Financial Statements

PROFIT & LOSS

Financial Year 2011 2010 2009

Number of Weeks 52 52 52

Currency EUR EUR EUR

Revenue 52,309,000.00 38,869,000.00 41,555,000.00

Profit After Tax 1,416,000.00 293,000.00 812,000.00

BALANCE SHEET

Financial Year 2011 2010 2009

Number of Weeks 52 52 52

Currency EUR EUR EUR

Total Assets 30,194,050.00 33,460,460.00 25,399,060.00

Other Financials

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.62.36
UK Pound	1	Rs.101.20
Euro	1	Rs.84.54

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.

MIRA INFORM REPORT

Company name

Company Summary

Company Identification

Basic Information

Main Address

Other Addresses

Current Directors Managers

Share Capital Structure

Affiliated Companies

Employee Information

Financial Statements

Unit