|
Report Date : |
25.09.2013 |
IDENTIFICATION DETAILS
|
Name : |
NESTLÉ BRASIL LTDA. |
|
|
|
|
Registered Office : |
Avenida Doutor Chucri Zaidan, 246 - Vila Cordeiro 04583-110 - São
Paulo/Sp |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Date of Incorporation : |
30.07.1940 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture, Transformation, Improvement, Conservation, Distribution and
Trade of Foodstuffs, and Other Substances Used in The Manufacture of Food, of
Raw Materials, "In Natura", Frozen Food in General, As Well As Diet
Products and Perfumery, Hygienic, Cosmetic Products, Toiletries For Children,
Toasting and Crushing of Coffee, Trade, Import and Export of Products Related
To Health. |
|
|
|
|
No. of Employees : |
Not Available |
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) |
|
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 |
NESTLÉ BRASIL
LTDA.
|
MAIN ADDRESS: |
AVENIDA DOUTOR CHUCRI ZAIDAN, 246 - VILA CORDEIRO |
|
ZIP CODE/CITY: |
04583-110 - SÃO PAULO/SP |
|
|
|
|
PHONE: |
11 5508-4400 |
|
FAX: |
11 5508-4400 |
|
E-MAIL: |
matheus.menino@br.nestle.com |
|
WEB SITE: |
www.nestle.com.br |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
RODOVIA MARECHAL RONDON, KM,581 |
|
ZIP CODE/CITY: |
16021-900 ARACATUBA/SP |
|
PHONE: |
18 3631-8133 |
|
|
|
|
ADDRESS: |
RUA PERU,1451 |
|
ZIP CODE/CITY: |
RIBEIRÃO PRETO/SP |
|
PHONE: |
16 3601-4305 |
|
FAX: |
16 3601-4305 |
|
|
|
|
ADDRESS: |
RUA GARCIA D`AVILLA,117 - IPANEMA |
|
ZIP CODE/CITY: |
22421-010 RIO DE JANEIRO/RJ |
|
|
|
|
ADDRESS: |
AVENIDA DR. JOSE RUFINO,1050 SALA 1 - ESTÂNCIA |
|
ZIP CODE/CITY: |
50781-350 RECIFE/PE |
|
|
|
|
ADDRESS: |
AVENIDA BRASIL,50701 PARTE, SALA 1 - CAMPO GRANDE |
|
ZIP CODE/CITY: |
23065-480 RIO DE JANEIRO/RJ |
|
|
|
|
ADDRESS: |
SAA, QUADRA 03,345 GALPÃO - ZONA INDUSTRIAL |
|
ZIP CODE/CITY: |
70632-300 BRASÍLIA/DF |
|
|
|
|
ADDRESS: |
AVENIDA HENRY NESTLE,1800 |
|
ZIP CODE/CITY: |
CAÇAPAVA/SP |
|
|
|
|
ADDRESS: |
RODOVIA BR-277, KM 596, S/Nº,0 SALA 03, DEPO - SANTOS DUMONT |
|
ZIP CODE/CITY: |
85804-600 CASCAVEL/PR |
|
|
|
|
ADDRESS: |
RUA FRANCISCO,1630 SALA 1 E ARMA - EXTREMA |
|
ZIP CODE/CITY: |
64076-450 TERESINA/PI |
|
|
|
|
ADDRESS: |
RUA VINTE E OITO DE SETEMBRO,823 SALA 1 E ARMA - CENTRO |
|
ZIP CODE/CITY: |
96810-174 SANTA CRUZ DO SUL/RS |
|
|
|
|
ADDRESS: |
RODOVIA BR 356,3049 NIVEL MARIANA - BELVERDE |
|
ZIP CODE/CITY: |
30320-900 BELO HORIZONTE/MG |
|
|
|
|
ADDRESS: |
AVENIDA ALACID NUNES,1 KM 02, UIRAPURU, |
|
ZIP CODE/CITY: |
68372-100 ALTAMIRA/PA |
|
|
|
|
ADDRESS: |
AVENIDA CORONEL FERNANDO FERREIRA LEITE,1540 RIBEIRAO SHOP - JARDIM CALIFORNIA |
|
ZIP CODE/CITY: |
14026-900 RIBEIRAO PRETO/SP |
|
|
|
|
ADDRESS: |
RUA PADRE JOAO MANOEL,1164 - CERQUEIRA CESAR |
|
ZIP CODE/CITY: |
01411-000 SAO PAULO/SP |
|
THE COMPANY ALSO HAS OTHER BRANCHES LOCATED IN: RIALMA/GO,
NIQUELANDIA/GO, JATAI/GO, ITUMBIARA/GO, GOIANIA/GO, INOCENCIA/MS, CUIABA/MT,
RIO GRANDE/RS, PORTO ALEGRE/RS, PELOTAS/RS, PASSO FUNDO/RS, GRAVATAI/RS,
ESTEIO/RS, CARAZINHO/RS, CANOAS/RS, CAMPO BOM/RS, CAMAQUIA/RS, BRASILIA/DF,
SÃO JOSÉ/SC AND ITAJAI/SC. |
|
MAIN ACTIVITIES: |
|
MANUFACTURE, TRANSFORMATION, IMPROVEMENT, CONSERVATION, DISTRIBUTION
AND TRADE OF FOODSTUFFS, AND OTHER SUBSTANCES USED IN THE MANUFACTURE OF FOOD,
OF RAW MATERIALS, "IN NATURA", FROZEN FOOD IN GENERAL, AS WELL AS
DIET PRODUCTS AND PERFUMERY, HYGIENIC, COSMETIC PRODUCTS, TOILETRIES FOR
CHILDREN, TOASTING AND CRUSHING OF COFFEE, TRADE, IMPORT AND EXPORT OF
PRODUCTS RELATED TO HEALTH. |
|
LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
|
|
|
|
INCORPORATION DATE: |
30/07/1940 |
|
REGISTER DATE: |
30/07/1940 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
60.409.075/0001-52 |
|
STATE REGISTER: |
104.251.825.114 |
|
|
|
|
SHARE CAPITAL: |
R$ 450.092.396,00 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
JUAN CARLOS MARROQUIN CUESTA |
PRESIDENT DIRECTOR |
|
MARTIN HUBER |
FINANCIAL DIRECTOR |
|
RICARDO VOLPE CITRANGULO |
PRODUCTION DIRECTOR |
|
BEATRICE VALERIE ANTOINETTE FASQUEL PADOVESE |
DIRECTOR |
|
ANTONIO MANUEL BARROS DIOGO |
DIRECTOR |
|
CESAR AUGUSTO MOREIRA FRANCA |
DIRECTOR |
|
JOAO BATISTA FERREIRA DORNELLAS |
DIRECTOR |
|
JOSE FLAVIO AROUCHE DE SOUZA |
DIRECTOR |
|
LILIAN CRISTINA DE MIRANDA |
DIRECTOR |
|
LUIS ALBERTO BRINCKMANN DE OLIVEIRA |
DIRECTOR |
|
MARCELO MAIA DO NASCIMENTO, |
DIRECTOR |
|
MARCO ANTONIO COSTA GUIMARAES |
DIRECTOR |
|
MARCO ANTONIO HIDALGO PEREIRA DA COSTA |
DIRECTOR |
|
NILS STEFAN NILSSON, |
DIRECTOR |
|
PATRICK ALAN TRAELNES |
DIRECTOR |
|
ROGERIO LOPES |
DIRECTOR |
|
WESTERMANN FERREIRA GERALDES |
DIRECTOR |
|
THE DIRECTORS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
NESTLÉ S/A (SWITZERLAND) |
R$ 450.092.392,00 |
|
SOCOPAL - SOC COML DE CORRETAGEM DE SEGUROS E DE PART. LTDA |
R$ 4,00 |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
CHOCOLATES GAROTO S/A |
100,00% |
|
COPEKA AGROPECUARIA LTDA |
90,90% |
|
AGROZ IND E COMÉCIO DE BEBIDAS ZURITA LTDA |
50,00% |
|
NETPAR - SERVICOS E PARTICIPAÇÕES LTDA |
35,00% |
|
NESTLE NORDESTE ALIMENTOS E BEBIDAS LTDA |
99,99% |
|
INPROLAC INDUSTRIA DE PRODUTOS LACTOES LTDA |
100% |
|
REIMASSAS PRODUTOS ALIMENTICIOS LTDA |
100,0% |
|
NESTLE SUL - ALIMENTOS E BEBIDAS LTDA |
|
|
NESTLE SUDESTE ALIMENTOS E BEBIDAS LTDA. |
|
|
NESTLE INDUSTRIA E COMERCIO DE PRODUTOS NUTRICIONAIS E HOSPI |
|
|
CPW BRASIL LTDA. |
|
|
LILLO DO BRASIL INDUSTRIA E COMERCIO DE PRODUTOS INFANTIS LTDA |
|
|
THE SUBJECT WAS ESTABLISHED ON JULY 30, 1940 AS CIA NESTLE. ON
DECEMBER 15, 1987 IT ALTERED TO NESTLE INDUSTRIAL E COMERCIO LTDA AND ON
JANUARY 01, 1999 THE COMPANY CHANGED ITS CORPORATE NAME TO THE PRESENT
REGISTERED ONE. THE COMPANY OPERATES WITH THE TRADE NAME NESTLE AND IS A WHOLE-OWNED
SUBSIDIARY OF NESTLÉ GROUP ONE OF THE WORLD'S MOST IMPORTANT GROUPS ENGAGED
IN THE MANUFACTURE OF FOODSTUFFS. ON MAY 25, 2000, THE SUBJECT TOOK OVER THE COMPANY INSOL-INDÚSTRIA DE
SORVETES LTDA. IN DECEMBER 2005 THE SUBJECT ACQUIRED RALSTON PURINA DO BRASIL LTDA
AND IN JANUARY 2006 TOOK OVER ALL ITS ACTIVITIES. THE COMPANY STILL EXISTS
LEGALLY DUE TO SOME PENDING BUREAUCRATIC PROCEEDINGS, HOWEVER, IT DOES NOT
OPERATE ANY LONGER. PARTNERS: NESTLE S.A.: HEADQUARTERED AT AVENUE NESTLE, 55, VEVY, SWITZERLAND;
REGISTRATION # CNPJ: 05.497.900/0001-00. SOCOPAL SOCIEDADE COM DE CORRETAGEM DE SEGUROS E DE PARTICIPAÇÕES
LTDA: REGISTRATION # NIRE 35.201.102.586, HEADQUARTERED AT AV. DAS NAÇÕES
UNIDAS, 12495, 9°. ANDAR, PARTE, SÃO PAULO/SP. REMARKS: -------- AT THE REQUESTED ADDRESS “AV. 2, ARARAS/SP” THERE IS A COMPANY THAT
PROVIDES SERVICES TO NESTLE. WHEN CONTACTING THE SUBJECT WE INTERVIEWED MS. LUANA, FINANCIAL
DEPARTMENT, WHO INFORMED THAT WOULD NOT DISCLOSE ANY KIND OF INFORMATION
UNLESS THE INQUIRING PARTY'S NAME WAS DISCLOSED. IF IT IS POSSIBLE TO DISCLOSE THE NAME OF THE INTERESTED SUPPLIER OF
THE SUBJECT, WE MAY RESUME OUR CONTACTS AND TRY TO OBTAIN FURTHER
INFORMATION. THE DATA CONTAINED HEREIN WERE OBTAINED FROM OUTSIDE SOURCES, OUR
DATABASE AND OFFICIAL. NO FURTHER DATA WAS AVAILABLE WITH SEVERAL SOURCES
USUALLY INVESTIGATED. |
|
PUBLIC INFORMATION: |
|
PROTESTS: |
|
932 PROTESTS,TOTAL AMOUNT R$ 5.439.979,82 |
|
DATE OF FIRST PROTEST:
09/2008 R$ 396,00 |
|
DATE OF HIGHEST PROTEST:
12/2012 R$ 198.792,58 |
|
DETAILS OF LATEST PROTESTS: |
|
NOTARY OFFICE: |
DATE: |
VALUE: |
|
7º CARTORIO DE SAO PAULO/SP/CAPITAL |
09/2013 |
R$ 2.275,00 |
|
2º CARTORIO DE ARARAS/SP |
09/2013 |
R$ 1.872,24 |
|
1º CARTORIO DE SAO BERNARDO DO CAMPO/SP |
09/2013 |
R$ 632,67 |
|
CARTORIO DE CORDEIROPOLIS/SP |
09/2013 |
R$ 921,50 |
|
22º CARTORIO DE MARILIA/SP |
09/2013 |
R$ 775,00 |
|
LAWSUITS: |
|
|
|
|
DATE: |
COURT OF LAW: |
|
29 |
STATES LAWSUITS |
20/06/13 |
1ª VARA DE ITUIUTABA/MG |
|
64 |
FEDERAL LAWSUITS |
27/08/13 |
VARA DE ARARAS/SP |
|
5 |
MUNICIPAL LAWSUITS |
05/10/12 |
2ªVARA DE OSASCO/SP |
|
1 |
EXECUTIVE LAWSUIT |
27/01/12 |
7º VARA DE SÃO BERNARDO DO CAMPO/SP |
|
DUE TO THE SUBJECT'S LEGAL FORM, IT IS NOT OBLIGED TO PUBLISH THE
BALANCE SHEET INFORMATION. WHEN INTERVIEWING SOURCES AT THE SUBJECT COMPANY DECLINED
TO PROVIDE ANY KIND OF FINANCIAL INFORMATION. OUR INVESTIGATION THROUGH THE OUTSIDE SOURCES SHOWED NO FINANCIAL DATA
ABOUT THE SUBJECT. |
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 2,20 |
- OFFICIAL RATE ON 20/09/2013 |
|
COMMENTS ON THE FINANCIAL
INFORMATION: |
|
IN THE ABSENCE OF FINANCIAL INFORMATION NO COMMENTS CAN BE MADE ABOUT
THE SUBJECT'S CURRENT FINANCIAL STANDING. NEVERTHELESS, SUBJECT IS A
SUBSIDIARY OF THE NESTLE GROUP, WHICH IS ONE OF THE WORLD'S LARGEST COMPANIES
IN ITS LINE OF BUSINESS AND HOLDER OF HUGE FNANCIAL POWER. |
|
REAL ESTATE: |
OWNED PREMISES ARE VALUED AT R$ 321.578.565,93
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$ 13.506.111,31
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS ARE VALUED AT R$ 952.525.394,60
THE SUBJECT IS SAID TO HOLD INSURANCE POLICIES BUT DETAILS WERE NOT
DISCLOSED.
|
|
BRANCH/PHONE: |
CITY: |
|
BANCO BRADESCO S/A |
2.585 |
SÃO PAULO/SP |
|
BANCO ITAÚ S/A |
0912 |
SÃO PAULO/SP |
|
BANCO DO BRASIL S/A |
1.893 |
SÃO PAULO/SP |
|
BANCO ITAUBANK S/A |
001 |
SÃO PAULO/SP |
|
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"). |
|
MANUFACTURE, TRANSFORMATION, IMPROVEMENT, CONSERVATION, DISTRIBUTION
AND TRADE OF FOODSTUFFS, AND OTHER SUBSTANCES USED IN THE MANUFACTURE OF
FOOD, OF RAW MATERIALS, "IN NATURA", FROZEN FOOD IN GENERAL, AS
WELL AS DIET PRODUCTS AND PERFUMERY, HYGIENIC, COSMETIC PRODUCTS, TOILETRIES
FOR CHILDREN, TOASTING AND CRUSHING OF COFFEE, TRADE, IMPORT AND EXPORT OF
PRODUCTS RELATED TO HEALTH. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
U.S.A, FRANCE, PORTUGAL, UNITED KINGDOM. |
EXPORTS TO:
|
JAPAN, ARGENTINA AND OTHERS. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
CITY: |
|
|
CARREFOUR COMÉRCIO E INDUSTRIA LTDA |
SÃO PAULO/SP |
|
|
CIA BRASILEIRA DE DISTRIBUIÇÃO (PÃO DE AÇÚCAR) |
SÃO PAULO/SP |
|
|
MAKRO ATACADISTA S/A |
NATAL/RN |
|
|
MARTINS COM. SERV. DISTR. S/A |
UBERLANDIA/MG |
|
|
SENDAS S/A |
RIO DE JANEIRO/RJ |
|
|
SONAE DIST. BRASIL LTDA |
PORTO ALEGRE/RS |
|
|
WAL MART BRASIL LTDA |
OSASCO/SP |
|
|
STAFF: |
|
|
|
NOT AVAILABLE |
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY OPERATING AS A SUBSIDIARY OF
AN IMPORTANT MULTINATIONAL GROUP WITH OPERATIONS WORLDWIDE. IT HAS A HIGH
SCALE OF ACTIVITIES AND AN EXCELLENT TRADE REPUTATION. THE COMPANY HAS TRADE RELATIONS WITH SEVERAL SUPPLIERS IN BRAZIL. THE
SUPPLIERS EXTEND CREDIT FACILITIES TO THE SUBJECT IN TERMS AND AMOUNTS
ACCORDING TO THE COMPANY'S NEEDS AND SO FAR NO PAYMENT PROBLEMS ARE
NOTED. THE LAWSUITS REPORTED ARE NOT RELATED WITH TRADE DEBTS. THEY ARE
RELATED TO TAX DEBTS THAT FOR ANY REASON THE COMPANY HAS NOT YET PAID.
NEVERTHELESS WE POINT OUT THAT THE SAID LAWSUITS DO NOT AFFECT THE COMPANY'S
TRADE REPUTATION. OUR INVESTIGATION THROUGH THE PUBLIC RECORDS SHOWED SOME DETRIMENTAL
FILES REGISTERED AGAINST THE SUBJECT BUT DUE TO THE SUBJECT'S HIGH FINANCIAL
STRENGTH AND HIGH SCALE OF OPERATIONS THE DETRIMENTAL FILES DO NOT AFFECT ITS
TRADE REPUTATION. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
CITY: |
|
|
ALFA LAVAL EQUIPAMENTOS |
SÃO PAULO/SP |
|
|
CIA SIDERÚRGICA NACIONAL - CSN |
RIO DE JANEIRO/RJ |
|
|
CIA UNIÃO REFINADORES AÇUCAR E CAFÉ |
|
|
|
COBRA CORRENTES BRAS LTDA. |
|
|
|
COOPERSUGAR |
LIMEIRA/SP |
|
|
FELAP MAQUINAS E EQUIPAMENTOS LTDA |
|
|
|
GERIBA DISTR LTDA. |
|
|
|
INDUSTRIA BANDEIRANTE DE ARTEFATOS DE PLASTICO MAD LTDA. |
|
|
|
JBS S/A |
|
|
|
LANZARA S/A |
GUARULHOS/SP |
|
|
LIGUIGÁS DO BRASIL S/A |
SÃO PAULO/SP |
|
|
PETROBRÁS DISTRIBUIDORA S/A-BR |
SÃO PAULO/SP |
|
|
TETRA PAK LTDA |
CAMPINAS/SP |
|
|
PAYMENT HISTORY: |
|
43 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 33.695.761,00 |
|
|
|
AMOUNT OF INVOICES PAID: 2101 |
|
TOTAL OF PROMPT PAYMENTS: 98,2% |
|
TOTAL OF DELAYED PAYMENTS: 1,8% |
|
|
|
HIGHEST INVOICE: R$ 351.445,00 |
|
HIGHEST CREDIT: R$ 239.654,00 |
|
|
|
OUTSTANDING
INVOICES DUE WITHIN THE NEXT 91 DAYS: |
|
--------------------------- |
SUPPLIERS: |
INVOICES: |
TOTAL AMOUNT: |
|
DUE WITHIN 30 DAYS |
10 |
68 |
R$ 1.267.842,00 |
|
DUE WITHIN 60 DAYS |
9 |
37 |
R$ 683.851,00 |
|
DUE WITHIN 90 DAYS |
6 |
17 |
R$ 325.923,00 |
|
DUE WITHIN 91 DAYS |
1 |
2 |
R$ 50.449,71 |
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN BUSINESS FOR SEVERAL YEARS.
IT IS A LEADING COMPANY IN ITS LINE OF BUSINESS, OPERATES WITH A HUGE
FINANCIAL POWER AND HAS AN EXCELLENT PAYMENT RECORD. BASED ON THE GENERAL INFORMATION AVAILABLE THE SUBJECT CAN BE
CONSIDERED FOR IMPORTANT BUSINESS COMMITMENTS. CREDIT FACILITIES MAY BE
EXTENDED IN HIGH AMOUNTS ADEQUATE TO THE COMPANY'S HUGE FINANCIAL STRENGTH. AN INITIAL CREDIT LIMIT OF US$ 500.000,00 MAY BE CONSIDERED. FOR
HIGHER AMOUNTS IT WOULD BE RECOMMENDED DEMANDING THE APPROPRIATE COLLATERAL. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.66 |
|
|
1 |
Rs.100.46 |
|
Euro |
1 |
Rs.84.59 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.