|
Report Date : |
10.10.2013 |
IDENTIFICATION DETAILS
|
Name : |
SIBUR INTERNATIONAL GMBH |
|
|
|
|
Registered Office : |
Nußdorferplatz 8, A-1190 Wien |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
2002 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale of liquid and gaseous fuels |
|
|
|
|
No. of Employees : |
30 |
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 : |
Good |
|
Payment Behaviour : |
Regular |
|
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) |
|
Austria |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
AUSTRIA - ECONOMIC OVERVIEW
Austria, with its well-developed market economy, skilled labor force, and high standard of living, is closely tied to other EU economies, especially Germany's. Its economy features a large service sector, a sound industrial sector, and a small, but highly developed agricultural sector. Following several years of solid foreign demand for Austrian exports and record employment growth, the international financial crisis of 2008 and subsequent global economic downturn led to a sharp but brief recession. Austrian GDP contracted 3.8% in 2009 but saw positive growth of about 2% in 2010 and 2.7% in 2011. Growth fell to 0.6% in 2012. Unemployment did not rise as steeply in Austria as elsewhere in Europe, partly because the government subsidized reduced working hour schemes to allow companies to retain employees. The 2012 unemployment rate of 4.3% was the lowest within the EU. Stabilization measures, stimulus spending, and an income tax reform pushed the budget deficit to 4.5% in 2010 and 2.6% in 2011, from only about 0.9% in 2008. The international financial crisis of 2008 caused difficulties for Austria's largest banks whose extensive operations in central, eastern, and southeastern Europe faced large losses. The government provided bank support - including in some instances, nationalization - to support aggregate demand and stabilize the banking system. Austria's fiscal position compares favorably with other euro-zone countries, but it faces external risks, such as Austrian banks' continued exposure to Central and Eastern Europe as well as political and economic uncertainties caused by the European sovereign debt crisis. In 2011 the government attempted to pass a constitutional amendment limiting public debt to 60% of GDP by 2020, but it was unable to obtain sufficient support in parliament and instead passed the measure as a simple law. In March 2012, the Austrian parliament approved an austerity package consisting of a mix of expenditure cuts and new revenues that will bring public finances into balance by 2016. In 2012, the budget deficit rose to 3.1% of GDP.
Source
: CIA
|
Company name: |
SIBUR International GmbH |
|
Status: |
active company |
|
Locations: |
Nußdorferplatz 8, A-1190 Wien |
|
Phone: |
0043 (1) 3708000 |
|
Fax: |
0043 (1) 3708000 - 20 |
|
E-mail: |
office@sibur-int.com |
|
Internet: |
http://www.sibur-int.com |
|
Activities: |
Önace 46712 90% Wholesale of liquid and gaseous fuels |
|
|
Önace 46120 10% Agents involved in the sale of fuels, ores, metals and
industrial chemicals |
|
|
|
|
Detail Assessment: |
Payment Payments are made according to conditions. There are no negative
experiences at this time. |
|
|
Assessment Company's solvency is average. Earnings potential is positive.
Position is regarded to be positive. |
|
|
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|||||
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Year of incorporation: |
2002 |
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||||
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Activities: |
|
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||||
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Type of company: |
Wholesale and retail trade; repair of motor vehicles |
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||||
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Legal form: |
limited liability company since 2002-11-25 |
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||||
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companies' house number: |
FN 229446 x Wien 2002-12-03 |
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||||
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VAT number: |
ATU 56388233 |
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||||
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number - Austrian National Bank: |
5712378 |
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Import |
Country |
|
|
|
||
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Import |
Russian Federation |
|
2013 |
|
||
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|
||||
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Export |
Country |
|
|
|
|
Export |
world-wide |
|
2013 |
|
|
total turnover (total sales) |
2012 |
EUR 2.975.033.009,79 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR 3.293.651.189,91 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR 2.492.463.474,48 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 1.582.081.585,91 |
(exact) |
|
total turnover (total sales) |
2008 |
EUR 1.867.531.171,27 |
(exact) |
|
total employees |
2013 |
30 |
(approx.) |
|
white collar workers |
2013 |
30 |
(approx.) |
|
total company vehicles |
2013 |
1 |
(exact) |
|
cars |
2013 |
1 |
(exact) |
|
firm (style): |
|
18 SIBUR International GmbH |
|
legal form: |
|
1 Gesellschaft mit
beschränkter Haftung |
|
registered
office: |
|
1 politischer Gemeinde Wien |
|
business adress: |
|
9 Nussdorfer Platz 8 |
|
capital: |
|
10 EUR 1.000.000 |
|
reference date
annual accounts: |
|
1 31. Dezember |
|
annual accounts: |
|
23 zum 31.12.2012
eingereicht am 17.07.2013 |
|
power of
representation: |
|
1 Die Gesellschaft wird,
wenn mehrere Geschäftsführer |
|
proxy: |
|
I Ilya Gushchin, geb.
28.05.1976 |
|
managing
director: |
|
K Mag. Ilja Tultschinsky, geb.
03.06.1973 |
|
shareholder: |
|
F Open Joint Stock Company |
|
general table: |
|
Handelsgericht Wien |
|
Real estate text: |
|
No real estate property registered |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered in the
companies' house) |
|
Mag. Ilja Tultschinsky |
1973-06-03 |
1210 Wien Wacholderweg 9a |
manager |
4 |
|
Ilya Gushchin |
1976-05-28 |
125252 Moskau Alabyana Str 13 |
individual signing clerk |
0 |
|
Yulia Popova |
1974-09-15 |
119421 Moskau South West 38 |
individual signing clerk |
0 |
|
Beate Klautzer |
|
1190 Wien Nußdorferplatz 8(c/o) |
head of accounting |
0 |
(absolute) all
amounts in EUR
|
|
2012-12-31 |
|
Franchises, patents, licences, trademarks and similar rights and
advantages |
305.674,63 |
|
Sum intangible assets |
305.674,63 |
|
Land with buildings (building value) |
290.600,60 |
|
Other operating and business equipment |
278.000,25 |
|
Sum tangible assets |
568.600,85 |
|
Shares on related firms |
114.153,98 |
|
Loans to related firms |
124.467.159,81 |
|
Sum financial assets |
124.581.313,79 |
|
Sum fixed assets |
125.455.589,27 |
|
Finished products |
186.652.362,95 |
|
Sum stock |
186.652.362,95 |
|
Claims from delivered goods and performed services |
143.150.198,80 |
|
Claims against related firmes Claims against companies with
shareholding relationship |
6.317.402,31 |
|
Special account claims |
5.403.743,42 |
|
Sum claims |
154.871.344,53 |
|
Cash on hand, cheques and bank deposits |
12.098.363,57 |
|
Sum cash and bank |
12.098.363,57 |
|
Sum current assets |
353.622.071,05 |
|
Deferred charges |
335.397,01 |
|
Sum deferred charges |
335.397,01 |
|
Assets |
479.413.057,33 |
|
Subscribed/declared capital |
1.000.000,00 |
|
Legal reserves |
100.000,00 |
|
Balance sheet profit/balance sheet loss |
109.591.219,61 |
|
Thereof profit/loss carried forward |
81.555.079,62 |
|
Sum equity capital |
110.691.219,61 |
|
Tax reserves |
1.333.359,59 |
|
Other reserves |
2.533.633,94 |
|
Sum reserves |
3.866.993,53 |
|
Liabilities against credit institutes |
15.418.925,73 |
|
Received advanced payments for orders |
36.149.138,98 |
|
Liabilities from delivered goods and performed services from the
acceptance of drafts and emission of promissory notes |
3.088.059,23 |
|
Liabilities against related firms |
310.085.128,90 |
|
Other liabilities |
113.591,35 |
|
Sum liabilities |
364.854.844,19 |
|
Liabilities |
479.413.057,33 |
|
Balance sheet sum |
479.413.057,33 |
(absolute) all amounts in EUR
|
|
2012-12-31 |
|
Gross sales |
2.975.033.009,79 |
|
Sum turnover or sum gross profit |
2.975.033.009,79 |
|
Profits from retirement of fixed assets, except financial assets |
4.283,42 |
|
Income from dissolution of reserves |
34.913,30 |
|
Other operating profits |
386.871.012,29 |
|
Other operating profits totally |
386.910.209,01 |
|
Costs for obtained services |
-66.666.093,07 |
|
Special account material costs |
-2.879.757.796,03 |
|
Costs for obtained services totally |
-2.946.423.889,10 |
|
Salaries |
-4.766.467,86 |
|
Costs for severance pays |
-30.421,28 |
|
Legal fringe benefits and other payments depending on salaries |
-814.139,86 |
|
Other social fringe benefits |
-230.242,97 |
|
Personnel expenses totally |
-5.841.271,97 |
|
Depreciation of intangible assets, tangible assets,activated expenses for
the set up and expansion of business operation |
-247.311,82 |
|
Depreciation tangible assets / intangible assets totally |
-247.311,82 |
|
Different operating costs |
-374.549.658,96 |
|
Other taxes |
-28.836,73 |
|
Other operating costs totally |
-374.578.495,69 |
|
Operating result totally |
34.852.250,22 |
|
Income from other securities and loans of financial assets |
2.835.731,54 |
|
Interest income, securties income and similar income |
19.839,26 |
|
Interest and similar disbursements |
-1.009.493,21 |
|
Financial profits totally |
1.846.077,59 |
|
Results from usual business activity
totally |
36.698.327,81 |
|
Taxes on income and profits |
-8.662.187,82 |
|
Taxes on income and profits totally |
-8.662.187,82 |
|
Annual surplus/annual deficit totally |
28.036.139,99 |
|
Annual profit/annual loss totally |
28.036.139,99 |
|
Profit and loss carried forward from previous year |
81.555.079,62 |
|
Transfer of profits totally |
81.555.079,62 |
|
B/S profit/ B/S loss from profit and loss
account |
109.591.219,61 |
|
|
2012 |
|
Cash flow II |
28.283.451,81 |
|
Debt amortisation period |
11,33 |
|
Bank indebtedness |
3,21 |
|
Equity capital share |
24,97 |
|
Social capital share |
0,00 |
|
Fixed assets coverage |
88,23 |
|
Net profit ratio |
1,23 |
|
Capital turnover |
6,20 |
|
Return on investment |
7,86 |
|
Cash flow in % of operating performance |
0,95 |
|
Cash flow I |
36.945.639,63 |
|
Gross productivity |
509,31 |
|
Net productivity |
4,89 |
|
Operating performance |
2.975.033.009,79 |
|
Inventories in % of operating performance |
6,27 |
|
Gross profit |
28.609.120,69 |
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Nußdorfer Platz 8, A-1190 Wien |
registered office |
|
|
|
|
|
operational |
Nußdorferplatz 8, A-1190 Wien |
registered headquarters, rented premises |
|
|
|
office@sibur-int.com |
|
operational |
Krzhizhanovskogo 18/4, 117997 Moskau, RUS |
representation |
|
|
|
|
|
former |
Lehmanngasse 7, A-1230 Wien |
registered office |
|
|
|
|
|
former |
Lehmanngasse 7, A-1230 Wien |
registered headquarters |
|
|
|
|
|
Company name |
Postal code |
Stake in % |
|
|
Shares in this company are held by: |
|||
|
Open Joint Stock Company "SIBUR Holding" |
Galernayastreet 5 A, 190000 St. Petersburg, RUS |
100 % 2009-07-15 |
|
|
|
|
|
|
Banker |
Bank sort code |
Type of banking connection |
|
ING Bank N.V. Zweignl.Wien, 1011 Wien |
19360 |
main bank connection |
|
Citibank International plc - Austria Branch, 1015 Wien |
18140 |
secondary banking connection |
|
The Royal Bank of Scotland N.V., 1011 Wien |
19985 |
secondary banking connection |
|
Year of incorporation: |
2002 |
|
Date of registration: |
2002-12-03 |
|
Change of company name: |
||
|
From |
To |
Company name |
|
|
2011-09-24 |
Citco Waren- Handelsgesellschaft m.b.H. |
|
2011-09-24 |
|
SIBUR International GmbH |
|
Change in share capital: |
||
|
From |
To |
Capital |
|
|
2008-09-24 |
EUR 35.000,00 |
|
2008-09-24 |
|
EUR 1.000.000,00 |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
2002-12-03 |
2009-07-15 |
manager |
Mag. Christian Wilhelm |
|
2009-07-15 |
2011-09-24 |
manager |
Viktor Viehweg |
|
|
2013-04-18 |
manager |
Mikhail Mikhaylov |
|
2010-12-22 |
2011-08-24 |
individual signing clerk |
Marina Leonidovna Stetsenko |
|
2003-08-27 |
2009-07-15 |
manager |
Erich Hoop |
|
2009-10-03 |
2011-09-24 |
individual signing clerk |
Mikhail Mikhaylov |
|
Former shareholders: |
|||
|
From |
To |
Function |
Name |
|
2002-12-03 |
2002-12-11 |
partner |
AUDITOR TREUHAND GMBH |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.92 |
|
|
1 |
Rs.99.45 |
|
Euro |
1 |
Rs.83.92 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.