MIRA INFORM REPORT

 

 

Report Date :

06.04.2014

 

IDENTIFICATION DETAILS

 

Name :

PRECHEZA A.S.

 

 

Registered Office :

Nabf. Dr. Edvarda Benese 1170/24, 750 02 Prerov

 

 

Country :

Czech Republic

 

 

Financials (as on) :

31.12.2012

 

 

Date of Incorporation :

31.12.2005

 

 

Com. Reg. No.:

B 2953

 

 

Legal Form :

Public Limited Company

 

 

Line of Business :

Manufacture of dyes and pigments

 

 

No. of Employees :

650

 

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 – September 30, 2013

 

Country Name

Previous Rating

(30.06.2013)

Current Rating

(30.09.2013)

Czech Republic

B1

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

CZECH REPUBLIC - ECONOMIC OVERVIEW

 

The Czech Republic is a stable and prosperous market economy closely integrated with the EU, especially since the country's EU accession in 2004. While the conservative, inward-looking Czech financial system has remained relatively healthy, the small, open, export-driven Czech economy remains sensitive to changes in the economic performance of its main export markets, especially Germany. When Western Europe and Germany fell into recession in late 2008, demand for Czech goods plunged, leading to double digit drops in industrial production and exports. As a result, real GDP fell sharply in 2009. The economy slowly recovered in the second half of 2009 and registered weak growth in the next two years. In 2012, however, the economy fell into a recession again, due both to a slump in external demand and to the government’s austerity measures. The auto industry remains the largest single industry, and, together with its upstream suppliers, accounts for nearly 24% of Czech manufacturing. The Czech Republic produced more than a million cars for the first time in 2010, over 80% of which were exported. Foreign and domestic businesses alike voice concerns about corruption, especially in public procurement. Other long term challenges include dealing with a rapidly aging population, funding an unsustainable pension and health care system, and diversifying away from manufacturing and toward a more high-tech, services-based, knowledge economy.

 

Source : CIA

 

 

 

Company identification

 

PRECHEZA A.S.

telephone

00420/ 581 252 111

nabf. Dr. Edvarda Benese 1170/24

telefax

00420/ 581 217 048

750 02 Prerov

e-mail

precheza@precheza.cz

Czech Republic

Web

www.precheza.cz

 

Crefo Nr.

9210240059

Registration:

Krajsky soud v Ostrave

Statistical Nr.

26872307

Registration Nr.

B 2953

Tax Nr.

CZ26872307

Status

activ

 

 

Economic situation

 

Business connection

Business connections are permissible

Terms of payment

usually within agreed terms

 

 

Basic information

 

Legal form

Public limited company

 

Founded

31/12/2005 as Public limited company

 

Registration

31/12/2005, Krajsky soud v Ostrave, B 2953

Statistical Nr.: 26872307

Tax Nr.: CZ26872307

 

Registered names

 

Valid from        Trade name(s)             

31/12/2005        PRECHEZA a.s.

 

Owners and Capital

 

Crefo Nr.

Name / Address / Status

From

Share

Main Shareholder

9210093422

AGROFERT, a.s.

Statistical Nr.: 26185610

Pyselska 2327/2, 149 00 Praha 4 Czech Republic Phone Nr.: 00420/ 272 192 111 Fax: 00420/ 272 192 272

E-mail: agrofert@agrofert.cz

WWW: www.agrofert.cz

13/02/2014

 

 

Registered capital

 

Date                             Currency          Value

31/12/2005                    CZK                  1,000,000,000

 

10 pes common bearer shares at nominal value of CZK 100.000.000,­- in documentary form

 

Management

 

Crefo Nr.

Name / Address / Status

Since

Power of attorney

 

Board of Directors

 

9210002070

vice-chairman of board

Ing. Ivo Hanacek(birth date 17/09/1963) Pod Kozincem 1309, 756 61 Roznov pod Radhostem Czech Republic

14/10/2011

 

 

9213192188

Ing. Oldrich Konecny, MBA(birth date 02/06/1966) Susilova 490, 769 01 Holesov Czech Republic Phone Nr.: 00420/ 581 252 270

23/08/2013

 

 

9210076540

chairman of board

Ing. Zbynek Prusa(birth date 06/12/1953)

Slunecnl 2355, 755 01 Roznov pod Radhostem

Czech Republic

Phone Nr.: 00420/571 692 101

E-mail: z.prusa@deza.cz

03/05/2013

 

 

Supervisory Board

9210206308

Ing. Karel Vabrousek(birth date 22/08/1969) Jablonova 1920, 274 01 Slany Czech Republic

17/08/2012

 

9213040615

Ing. Pavel Valasek(birth date 10/03/1977)

Tr. Gen. Janouska 2632/14, 750 02 Prerov Czech

Republic

04/04/2011

 

9210078008

JUDr. Libor Siroky(birth date 09/10/1953) Dlouha 167, 250 66 Zdiby - Brnky Czech Republic

04/11/2009

 

 

Company addresses

 

Valid from

Address

Valid until

15/11/2012

nabr. Dr. Edvarda Benese 1170/24, 750 02 Prerov, Czech Republic

 

31/12/2005

Nabr. Dr. E. Benese 24, 750 62 Prerov, Czech Republic

13/04/2006

13/04/2006           

Nabr. Dr. E. Benese 24, 751 62 Prerov, Czech Republic

15/11/2012

 

 


Business activities

 

Main activity

Nace

Manufacture of dyes and pigments

20.12

Additional activities

Nace

 

Manufacture of chemical products, of inorganic pigments and chemicals, or titanic white, of sulphuric acid.

 

 

Economic data

 

Turnover and Employees

 

Date    

Turnover

Employees

2005

1,922,663,000 CZK

 

2006

1,862,371,000 CZK

 

2007

1,838,091,000 CZK

603

2008

1,758,492,000 CZK

593

2009

2,092,289,000 CZK

565

2010

2,173,028,000 CZK

561

2011

2,830,729,000 CZK

564

2012

3,082,586,000 CZK

604

2013

 

650

 

The company is not registered in the Central register of executions.

 

Import / Export

 

 

Import

Export

Percentage

20%

85%

Countries

Norway, Poland, Ukraine

European Union

 

Properties

 

Name

Detail

Currency

Value

Business premises

Property of the company

Nabr. Dr. E. Benese 1170/24, Prerov - Miesto 750

62, Czech Republic

verified in the real estate registry

 

Unknown

 

There exists restriction to property right: easemetn (according to the document)

 


Supplementary data

 

Remarks          

The company is a holder of certificates: ISO 9001 - Quality Management system Certificate, ISO 14001 - environment protection management system and OHSAS 18001 - security and health protection management system. All the sources of negative data accessible to public (insolvency registers, databases of debtors of health insurance insti­tutions, commercial bulletin, collection database) are currently monitored. The company does not provide its current economic data. Business management:

Ing. Ivo Hanacek - general director, vice-chairman of the Board of Directors, phone. 00420/581 252 100

Pavel Valasek - production director, phone: 00420/ 581 252 500

 

Ing. Oldrich Konecny - economic director, member of Board of Directors, phone: 00420/ 581 252 270, e-mal: oldrich.konecny@precheza.cz

Ing. Josef Winter - technical director, phone 004240/ 581 252 700 Mgr. Tomas Svetnicky, MBA - staff director, phone: 004240/581 252 261

Subsidiaries:

Ceske technologicke centrum pro anorganicke pigmenty a.s., ICC 26834839, Prerov, Nabr. Dr.E.Benese 24, share 100%

KEMIFLOC a.s., IC 47674695, Dluhonska 2858/111, Prerov I-Mesto, share 49 %

Precheza Titanium Dioxide Technology Co. Ltd., China -100 %

 

The company is a part of the group Agrofert. The sole shareholder company

AGROFERT HOLDING, a.s. has the share capital of CZK 628.000.000,-, Turnover for the year 2010 having reached CZK 13.762.733.000,- and the consolidated revenues amounted to CZK 92.139.875.000,-. The sole shareholder is ing. Andrej Babisr.

PRECHEZA a.s. is the greatest inland manufacturer of inorganic and ferrous pigments.

The exclusive sales subject for products of the company PRECHEZA a.s. is the company

AGROFERT HOLDING a.s., branch office PRECOLOR, ICC 26185610.

The company has taken its origin by division of the company PRECHEZA a.s., ICC 14617064.

To the company, a part of the divided company PRECHEZA a.s., ICr 14617064 has been transferred, namely at the extent stated in the Project of division.

The rest part of property of the divided company has been transferred to the successor company CECHEM - Sprava kapitalovych ucastl, a.s.,

ICr 26872331

(in 2006, it was dissolved and mergered with the company AGROFERT HOLDING, a.s.)

The company has stored at the Companies Register Agreement on sale of a part of enterprise, where AGROFERT HOLDING, a.s. is the sales party and PRECHEZA a.s. is the purchaser. Subject to sale is the part of the company belonging to the sale subject and bearing the marking AGROFERT HOLDING, a.s., branch office PRECOLOR, which has occupied itself with sale of products of the company PRECHEZA a.s. This agreement has come into effect on January 1, 2012.

The company has taken its origin by division of the company PRECHEZA a.s., ICC 14617064.

To the inquired company, as to the successor company, a part of property of the divided company PRECHEZA a.s., ICr 14617064 has been transferred at the extent stated in the Project of division.

Rest part of property of the divided company has been transferred to the successor company CECHEM - Sprava kapitalovych ucasti, a.s., ICC

26872331

(in 2006, it was dissolved and mergered with AGROFERT HOLDING, a.s.)

Contact :

Ing. Fricova - chief accountant, phone: 004240/ 581 252 273

Banks

 

Code

Bank name / Address

Account Nr.

0800

Ceska sporitelna, a. s.

000000­0005046702/0800

0800

Ceska sporitelna, a. s.

4380442/0800

2600

Citibank Europe plc, organizacm sloZka

000000­2016110203/2600

2600

Citibank Europe plc, organizacm slozka

000000­2016110502/2600

2600

Citibank Europe plc, organizacm slozka

2016110107/2600

0100

Komercm banka, a.s.

000043­1866650287/0100

0100

Komercm banka, a.s.

000086­7202910207/0100

0100

Komercm banka, a.s.

10006-2008831/0100

0100

Komercm banka, a.s.

2008831/0100

0100

Komercm banka, a.s.

35-2106990267/0100

2700

UniCredit Bank Czech Republic and Slovakia, a.s.

000000­2107641616/2700

 

 

Main indices

 

Payment experience and credit opinion

 

Terms of payment

usually within agreed terms

Business connection

Business connections are permissible

 

Business development

 

Company development

Positive business development

Order situation

Good course of business

 

Events

 

No negative events registered.

 

 

Balances

 

Balance           

Dec 31, 2012 The enclosed balance of 2012 from business register, -.

Dec 31, 2011 The enclosed balance of 2011 from business register, it is authenticated by the auditor.

Dec 31, 2010 The enclosed balance of 2010 from business register, it is authenticated by the auditor.

Dec 31, 2009 The enclosed balance of 2009 from business register, it is authenticated by the auditor.

 

 

Name

Ref.

31/12/2012

1000

CZK balance

31/12/2011

1000

CZK balance

31/12/2010

1000

CZK balance

31/12/2009

1000

CZK balance

TOTAL ASSETS

r1

2,743,730

2,524,075

1,966,263

2,059,469

Receivables for subscriptions

r2

0

0

0

0

Fixed assets

r3

1,326,128

1,109,037

858,567

906,563

Intangible fixed assets

r4

5,997

6,852

883

2,312

Incorporation expenses

r5

0

 

 

 

Research and development

r6

0

 

 

 

Software

r7

296

391

696

2,312

Valuable rights

r8

4,744

5,724

 

 

Goodwill

r9

0

 

 

 

Other intangible fixed assets

r10

0

 

 

 

Intangible fixed assets under construction

r11

957

737

187

 

Advance payments for intangible fixed assets

r12

0

 

 

 

Tangible fixed assets

r13

1,113,628

790,083

825,883

872,450

Lands

r14

33,964

33,957

32,993

32,964

Constructions

r15

368,501

356,262

391,920

420,215

Equipment

r16

554,737

474,938

503,128

597,184

Perennial corps

r17

0

 

 

 

Breeding and draught animals

r18

0

 

 

 

Other tangible fixed assets

r19

39

39

39

39

Tangible fixed assets under construction

r20

95,629

89,357

77,324

30,125

Advance payments for tangible fixed assets

r21

206,894

4,292

10,336

2,875

Adjustment to acquired assets

r22

-146,136

-168,762

-189,857

-210,952

Long-term financial assets

r23

206,503

312,102

31,801

31,801

Shares in controlled and managed organizations

r24

15,000

78,000

15,000

15,000

Shares in accounting units with substantial influ­ence

r25

16,801

16,801

16,801

16,801

Other securities and shares

r26

0

 

 

 

Loans to controlled and managed organizations and to accounting unit with substantial influence

r27

174,702

217,301

 

 

Other financial investments

r28

0

 

 

 

Financial investments acquired

r29

0

 

 

 

Advance payments for long-term financial assets

r30

0

 

 

 

Current assets

r31

1,415,770

1,382,904

1,072,924

1,125,414

Inventory

r32

771,851

563,343

386,067

358,947

Materials

r33

352,611

200,063

174,287

110,255

Work in progress and semi-products

r34

74,026

61,883

54,153

39,717

 

Finished products

r35

330,680

201,231

143,732

208,975

 

Animals

r36

0

 

 

 

 

Merchandise

r37

14,534

 

 

 

 

Advance payments for inventory

r38

0

100,166

13,895

 

 

Trade receivables

 

 

 

 

 

 

Long-term receivables

r39

0

33,500

53,145

29,344

 

Trade receivables

r40

0

 

 

 

 

Receivables from controlled and managed orga­nizations

r41

0

 

 

 

 

Receivables from accounting units with substan­tial influence

r42

0

 

 

 

 

Receivables from partners, cooperative members and association members

r43

0

 

 

 

 

Long-term deposits given

r44

0

 

 

 

 

Estimated receivable

r45

0

 

 

 

 

Other receivables

r46

0

 

 

 

 

Deferred tax receivable

r47

0

33,500

53,145

29,344

 

Short-term receivables

r48

503,267

749,945

412,987

541,233

 

Trade receivables

r49

447,867

722,647

359,081

372,825

 

Receivables from controlled and managed orga­nizations

r50

3,255

5,163

 

 

 

Receivables from accounting units with substan­tial influence

r51

0

 

 

 

 

Receivables from partners, cooperative members and association members

r52

0

 

 

 

 

Receivables from social security and health insur­ance

r53

0

 

 

 

 

Due from state - tax receivable

r54

39,766

11,568

4,107

6,432

 

Short-term deposits given

r55

6,177

5,955

5,788

14,331

 

Estimated receivable

r56

312

305

3,599

1,022

 

Other receivables

r57

5,890

4,307

40,412

146,623

 

Short-term financial assets

r58

140,652

36,116

220,725

195,890

 

Cash

r59

207

110

174

103

 

Bank accounts

r60

140,445

36,006

220,551

195,787

 

Short-term securities and ownership interests

r61

0

 

 

 

 

Short-term financial assets acquired

r62

0

 

 

 

 

Accruals

r63

1,832

32,134

34,772

27,492

 

Deferred expenses

r64

1,832

32,134

34,772

27,492

 

Complex deferred costs

r65

0

 

 

 

 

Deferred income

r66

0

 

 

 

 

TOTAL LIABILITIES

r67

2,743,730

2,524,075

1,966,263

2,059,469

 

Equity

r68

2,391,760        

2,053,812

1,658,051

1,718,288

 

Registered capital

r69

1,000,000

1,000,000

1,000,000

1,000,000

Registered capital

r70

1,000,000

1,000,000

1,000,000

1,000,000

Company's own shares and ownership interests

(-)

r71

0

 

 

 

Changes of registered capital ( +/-)

r72

0

 

 

 

Capital funds

r73

-3,719

-32,646

-15,165

-106,376

Share premium

r74

0

 

Other capital funds

r75

642

642

202

202

Differences from revaluation of assets and liabili­ties ( +/- )

r76

-4,361

-33,288

-15,367

-106,578

Differences from revaluation in transformation ( +/-

)

r77

0

 

 

 

Diferences from tranformation of companies ( +/-

)

 

 

 

 

 

Reserve funds, statutory reserve account for cooperatives, and other retained earnings

r78

220,063

219,566

219,065

218,565

Legal reserve fund / indivisible fund

r79

216,265

216,265

216,265

216,265

Statutory and other funds

r80

3,798

3,301

2,800

2,300

Profit / loss - previous years

r81

437,904

150,582

102,558

439,877

Retained earnings from previous years

r82

437,904

150,582

102,558

439,877

Accumulated losses from previous years

r83

0

 

Profit / loss - current year (+/-)

r84

737,512

716,310

351,593

166,222

Liabilities

r85

351,970

470,263

308,062

341,181

Reserves

r86

23,644

132,717

39,373

33,811

Reserves under special statutory regulations

r87

0

 

 

 

Reserves for pension and similar payables

r88

0

 

 

 

Income tax reserves

r89

13,289

94,247

 

 

Other reserves

r90

10,355

38,470

39,373

33,811

Long-term payables

r91

5,251

0

0

0

Trade payables

r92

0

 

 

 

Payables to controlled and managed organiza­tions

r93

0

 

 

 

Payables to accounting units with substantial in­fluence

r94

0

 

 

 

Payables from partners, cooperative members and association members

r95

0

 

 

 

Long-term advances received

r96

0

 

 

 

Issues bonds

r97

0

 

 

 

Long-term notes payables

r98

0

 

 

 

Estimated payables

r99

0

 

 

 

Other payables

r100

0

 

 

 

Deferred tax liability

r101

5,251

 

 

 

Short-term payables

r102

323,075

337,546

268,689

307,370

Trade payables

r103

268,039

242,947

189,898

134,779

Payables to controlled and managed organiza­tions

r104

0

 

 

 

Payables to accounting units with substantial in­fluence

r105

0

 

 

 

Payables from partners, cooperative members and association members

r106

0

 

 

 

Payroll

r107

11,518

13,526

9,736

9,693

Payables to social securities and health insurance

r108

7,003

8,390

5,799

5,895

Due from state - tax liabilities and subsidies

r109

1,621

2,433

2,116

1,332

Short-term deposits received

r110

351

46

57

59

Issues bonds

r111

0

 

Estimated payables

r112

21,853

15,843

15,399

14,961

Other payables

r113

12,690

54,361

45,684

140,651

Bank loans and financial accommodations

r114

0

0

0

0

Long-term bank loans

r115

0

0

0

0

Short-term bank loans

r116

0

0

0

0

Short-term accommodations

r117

0

0

0

0

Accruals

r118

0

0

150

0

Accrued expenses

r119

0

 

 

 

Deferred revenues

r120

0

 

150

 

 

 

Profit and loss accounts

 

Dec 31, 2012 The enclosed profit/loss account of 2012 from business register, -.

Dec 31, 2011 The enclosed profit/loss account of 2011 from business register, it is authenticated by the auditor. Dec 31, 2010 The enclosed profit/loss account of 2010 from business register, it is authenticated by the auditor. Dec 31, 2009 The enclosed profit/loss account of 2009 from business register, it is authenticated by the auditor.

 

Name

Ref.

31/12/2012

1000

CZK

profit/loss account

31/12/2011

1000

CZK

profit/loss account

31/12/2010

1000

CZK

profit/loss account

31/12/2009

1000

CZK

profit/loss account

 

Turnover

a1

3,082,586

2,830,729

2,173,028

2,092,289

 

Revenues from sold goods

a2

31,572

0

0

0

 

Expenses on sold goods

a3

23,982

0

0

0

 

Sale margin

a4

7,590

0

0

0

 

Production

a5

3,200,863

2,901,225

2,127,602

2,044,827

 

Revenues from own products and services

a6

3,051,014

2,830,729

2,173,028

2,092,289

 

Change in inventory of own products

a7

143,730

65,434

-52,295

-55,817

 

Capitalization

a8

6,119

5,062

6,869

8,355

 

Production consumption

a9

2,015,381

1,738,004

1,487,503

1,490,939

 

Consumption of material and energy

a10

1,617,525

1,321,435

1,109,568

1,120,367

 

Services

a11

397,856

416,569

377,935

370,572

 

Added value

a12

1,193,072

1,163,221

640,099

553,888

 

Personnel expenses

a13

261,077

244,453

219,495

216,162

 

Wages and salaries

a14

193,769

181,295

162,280

160,944

 

Renumeration of board members

a15

168

214

216

215

 

Social security expenses and health insurance

a16

64,639

60,545

54,614

52,536

 

Other social expenses

a17

2,501

2,399

2,385

2,467

 

Taxes and fees

a18

7,493

6,408

8,989

6,096

 

Depreciations of intangible and tangible assets

a19

144,054

155,806

160,798

174,167

 

Revenues from disposals of fixed assets and materials

a20

7,310

15,991

15,057

4,707

 

Revenues from disposals of fixed assets

a21

485

9,827

3,295

813

 

Revenues from disposals of materials

a22

6,825

6,164

11,762

3,894

 

Net book value of disposed fixed assets and materials

a23

4,952

6,586

10,763

2,808

 

Net book value of sold fixed assets

a24

480

1,388

466

109

 

Net book value of sold material

a25

4,472

5,198

10,297

2,699

 

Change in operating reserves and adjustments and complex deferred costs ( + / -)

a26

9,113

4,170

10,733

-7,187

 

Other operating revenues

a27

36,755

29,859

29,531

21,926

 

Other operating expenses

a28

16,378

39,067

13,558

11,335

 

Transfer of operating revenues

a29

0

 

 

 

 

Transfer of operating expenses

a30

0

 

 

 

 

Operating profit / loss

a31

794,070

752,581

260,351

177,140

 

Revenues from sales of securities and ownership interests

a32

0

 

 

 

 

Sold securities and ownership interests

a33

0

 

 

 

 

Revenues from long-term financial assets

a34

41,656

38,416

47,619

34,815

 

Revenues from shares in controlled and managed organizations and in accounting units with sub­stantial influence

a35

41,656

38,416

47,619

34,815

 

Revenues from others securities and ownership interests

a36

0

 

 

 

 

Revenues from other long-term financial assets

a37

0

 

 

 

 

Revenues from short-term financial assets

a38

0

 

 

 

 

Expenses associated with financial assets

a39

0

 

 

 

 

Revenues from revaluation of securities and derivatives

a40

7,540

7,883

13,507

21,714

 

Cost of revaluation of securities and derivatives

a41

0

 

8,117

31,802

 

Change in financial reserves and adjustments ( +

/-)

a42

0

35,150

 

 

Interest revenues

a43

16,549

4,921

3,383

1,616

 

Interest expenses

a44

7

69

0

2,304

 

Other financial revenues

a45

88,208

139,876

93,849

104,045

Other financial expenses

a46

118,266

71,849

90,481

135,299

Transfer of financial revenues

a47

0

 

 

 

Transfer of financial expenses

a48

0

 

 

 

Profit / loss from financial operations (trans­actions )

a49

35,680

84,028

59,760

-7,215

Income tax on ordinary income

a50

92,238

120,299

-31,482

3,703

Due tax

a51

60,273

94,377

515

 

Tax deferred

a52

31,965

25,922

-31,997

3,703

Operating profit / loss ordinary activity

a53

737,512

716,310

351,593

166,222

Extraordinary revenues

a54

0

 

 

 

Extraordinary expenses

a55

0

 

 

 

Income tax on extraordinary income

a56

0

 

 

 

Due tax

a57

0

 

 

 

Tax deferred

a58

0

 

 

 

Operating profit / loss extraordinary activity

a59

0

0

0

0

Transfer profit (loss ) to partners (+/-)

a60

0

 

Profit / loss of current accounting period (+/-)

a61

737,512

716,310

351,593

166,222

Profit / loss before tax (+/-)

a62

829,750

836,609

320,111

169,925

Operating cash flow

 

814,229

499,191

486,665

462,248

Investment cash flow

 

-281,201

-380,732

41,211

-182,801

Financial cash flow

 

-428,492

-303,068

503,041

-100,928

Receivables after due date total

 

30,042

6,336

11,274

7,559

Receivables more than 360 days after due date

 

 

 

 

 

Receivables more than 180 days after due date

 

 

 

 

 

Receivables more than 90 days after due date

 

 

 

 

 

Receivables more than 60 days after due date

 

 

 

 

 

Receivables more than 30 days after due date

 

 

 

 

 

Receivables less than 30 days after due date

 

 

 

 

 

Liabilities after due date total

 

1,536

60

73

12

Liabilities more than 360 days after due date

 

 

 

 

 

Liabilities more than 180 days after due date

 

 

 

 

 

Liabilities more than 90 days after due date

 

 

 

 

 

Liabilities more than 60 days after due date

 

 

 

 

 

Liabilities more than 30 days after due date

 

 

 

 

 

Liabilities less than 30 days after due date

 

 

 

 

 

 

 

Financial Ratios

 

Name

Ref.

31/12/2012

31/12/2011

31/12/2010

31/12/2009

Return on total assets ROA (in %)

1

30.24

33.15

16.28

8.25

Return on equity ROE (in %)

2

34.69

40.73

19.31

9.89

Return on sales ROS (in %)

3

26.92

29.55

14.73

8.12

 

Turnover of receivables (in days)

4

53.03

93.18

60.31

65.04

 

Turnover of liabilities (in days)

5

31.74

31.33

31.90

23.51

 

Turnover of inventories (days)

6

91.39

72.64

64.85

62.62

 

Net working capital (in ths. CZK)

7

1092695.00

1045358.00

804235.00

818044.00

 

Ratio of accounts payable to accounts receivable

(in %)

8

153.28

232.10

173.48

185.63

 

Ratio of profit/loss to tangible assets (in%)

9

43.02

39.18

39.51

43.33

 

Current ratio

10

4.38

4.10

3.99

3.66

 

Quick ratio

11

1.99

2.33

2.36

2.40

 

Cash ratio

12

0.44

0.11

0.82

0.64

 

Debt ratio I (in %)

13

12.83

18.63

15.68

16.57

 

Debt ratio II (in %)

14

12.83

18.63

15.67

16.57

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.60.32

UK Pound

1

Rs.100.04

Euro

1

Rs.82.65

 

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.