|
Report Date : |
26.04.2014 |
IDENTIFICATION DETAILS
|
Name : |
TALOCA GMBH |
|
|
|
|
Registered Office : |
Chollerstrasse 4 6300 Zug/ZG Switzerland/CH |
|
|
|
|
Country : |
Switzerland |
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|
|
|
Financials (as on) : |
29.12.2012 |
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|
|
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Date of Incorporation : |
10.01.1972 |
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|
|
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Com. Reg. No.: |
170.3.002.024-9 / 189987 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale of coffee, tea, cocoa and spices |
|
|
|
|
No. of Employees |
60 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
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, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
SWITZERLAND ECONOMIC OVERVIEW
Switzerland is a peaceful, prosperous, and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies. The Swiss have brought their economic practices largely into conformity with the EU's to enhance their international competitiveness, but some trade protectionism remains, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of all Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled export demand and put Switzerland in a recession. The Swiss National Bank (SNB) during this period effectively implemented a zero-interest rate policy to boost the economy as well as prevent appreciation of the franc, and Switzerland's economy began to recover in 2010. The sovereign debt crises currently unfolding in neighboring euro-zone countries pose a significant risk to Switzerland's financial stability and are driving up demand for the Swiss franc by investors seeking a safe-haven currency. The independent SNB has upheld its zero-interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell below 2% per year during 2011-13. Switzerland has also come under increasing pressure from individual neighboring countries, the EU, the US, and international institutions to reform its banking secrecy laws. Consequently, the government agreed to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The government has renegotiated its double taxation agreements with numerous countries, including the US, to incorporate the OECD standard, and is considering the possibility of imposing taxes on bank deposits held by foreigners. These steps will have a lasting impact on Switzerland's long history of bank secrecy
|
Source
: CIA |
TALOCA GMBH
Chollerstrasse 4
6300 Zug/ZG
Switzerland/CH
Telephone: 041
7490101
Fax: 041
7498010
Web
site: http://www.mondelezinternational.ch
WIN
Worldbox No.: CH0000083884
VAT-No.: CHE107891826
Established: 1972
Line
of Business: Consumer goods
wholesale
Industry
Division: Wholesale trade
Industry-code (NACE): 4637 Wholesale of coffee, tea, cocoa and
spices
Import/Export: Export
Banks: Citibank London
Coverage: Company
Figures: estimated
Employees: 60
Sales: CHF 20-40 Mio
The business activities includes
international trade in food, especially coffee, cocoa and nuts.
Information on property ownership was not
available.
Company
No: 170.3.002.024-9 / 189987
Legal
form: Limited Liability
Company
Registration: 10.01.1972
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Zug
History: Date of Statutes:
06.06.2008
Entry Deleted Name
12.06.2008 Taloca
GmbH
12.06.2008 Taloca
LLC (Name translated)
12.06.2008 Taloca
Sàrl (Name translated)
12.06.2008 Taloca AG
12.06.2008 Taloca SA (Name translated)
12.06.2008 Taloca Ltd (Name translated)
Entry Deleted Legal domicile
active Zug,
Switzerland
Entry Deleted Address
active Chollerstrasse
4, 6300 Zug/ZG, Switzerland/CH
Entry Deleted Capital
active LLC
Capital CHF 500,000
Entry Deleted Capital Structure
12.06.2008 5,000
Participation shares of CHF 100.--
Entry Deleted Activity (original Language)
12.06.2008 Handel
mit Waren aller Art, insbesondere mit Kaffee und anderen Rohwaren für die
Nahrungsmittelindustrie; vollständige Zweckumschreibung gemäss Statuten.
Entry Deleted Remarks (original Language)
active Publishing
authority: SHAB.
12.06.2008 Reports:
Mitteilungen erfolgen an die Gesellschafter an ihre letzte im Anteilbuch
eingetragene Adresse schriftlich (einschliesslich Telefax oder E-Mail) oder
durch Veröffentlichung im SHAB.
12.06.2008 Change
of Corporate Form: Die Gesellschaft wird gemäss Umwandlungsplan vom 28.05.2008
und Bilanz per 15.12.2007 mit Aktiven von CHF 152'770'634.00 und Passiven (Fremdkapital)
von CHF 99'918'345.00 in eine Gesellschaft mit beschränkter Haftung
umgewandelt. Die alleinige Aktionärin erhält 5'000 Stammeinlagen zu CHF 100.00.
Title Name
General
Manager Udo
Kagerbauer, Origin: Maur, Switzerland, Residential address: Mettmenstetten,
Switzerland, joint signature of two, Registered since: 25.02.2014
General
Manager René
Köppel, Origin: Widnau, Switzerland, Residential address: Hünenberg,
Switzerland, joint signature of two, Registered since: 25.02.2014
Chairman
of the management Roger-Marc
Lebreton, Origin: France, Residential address: Cham, Switzerland, joint
signature of two
Member
with signing authority Alexandra
Arlt, Origin: Germany, Residential address: Zürich/ZH, Switzerland, joint
signature of two, Registered since: 02.10.2008
Member
with signing authority Gion Conrad,
Origin: Sils im Domleschg, Switzerland, Residential address: 6332 Hagendorn/ZG,
Switzerland, joint signature of two
Member
with signing authority Ursula
Danieli, Origin: Baar, Switzerland, Residential address: Zug/ZG, Switzerland,
joint signature of two
Member
with signing authority Peter Fuchs,
Origin: Luzern, Switzerland, Residential address: Unterägeri, Switzerland,
joint signature of two
Member
with signing authority Victor
Gfeller, Origin: Bern, Switzerland, Residential address: Küssnacht am Rigi,
Switzerland, joint signature of two
Member
with signing authority Rolf Hegglin,
Origin: Menzingen, Switzerland, Residential address: Baar, Switzerland, joint
signature of two
Member
with signing authority Roland Iten,
Origin: Unterägeri, Switzerland, Residential address: Oberwil bei Zug,
Switzerland, joint signature of two
Member
with signing authority Pierre Leudet,
Origin: France, Residential address: Oberägeri, Switzerland, joint signature of
two
Member
with signing authority Andreas
Müller, Origin: Uitikon, Switzerland, Residential address: Zug/ZG, Switzerland,
joint signature of two
Member
with signing authority José-Luis
Perez Rodriguez, Origin: Zug, Switzerland, Residential address: Zug/ZG,
Switzerland, joint signature of two
Member
with signing authority Patrick Sültz,
Origin: Germany, Residential address: 6343 Risch, Switzerland, joint signature
of two
Member
with signing authority Eveline
Tschuor, Origin: Kriens, Rueun, Switzerland, Residential address:
Merlischachen, Switzerland, joint signature of two
Title Name
Auditor PricewaterhouseCoopers
AG, Residential address: Zürich, Switzerland, Id: CH-020.3.020.876-5
Title Name
Chief
Executive Officer Roger-Marc
Lebreton
Consolidation: consolidated
Industry: Trade/Industry
Fiscal year end: 29.12.2012 31.12.2011 31.12.2010 31.12.2009 31.12.2008
Number of months: 12 12 12 12 12
Currency: mil.
USD mil. USD mil. USD mil. USD mil.
USD
Intangible fixed
assets 13,977.0 62,483.0 63,819.0 42,193.0 40,507.0
Tangible fixed
assets 4,204.0 13,813.0 13,792.0 10,693.0 9,917.0
other fixed assets 325.0 1,339.0 1,457.0 1,374.0 1,288.0
Fixed assets 18,506.0 77,635.0 79,068.0 54,260.0 51,712.0
Stocks 1,928.0 5,706.0 5,310.0 3,775.0 3,881.0
Trade accounts
receivable 1,089.0 6,361.0 6,539.0 5,197.0 4,704.0
Liquid assets 1,255.0 1,974.0 2,481.0 2,101.0 1,244.0
other trade
accounts 551.0 2,161.0 1,891.0 1,381.0 1,632.0
Other current
assets 1,806.0 4,135.0 4,372.0 3,482.0 2,876.0
Current assets 4,823.0 16,202.0 16,221.0 12,454.0 11,461.0
Total assets 23,329.0 93,837.0 95,289.0 66,714.0 63,173.0
Capital 4,240.0 31,318.0 31,231.0 23,611.0 23,563.0
Other shareholders
funds -668.0 3,899.0 4,603.0 2,265.0 -1,268.0
Total shareholders
equity 3,572.0 35,217.0 35,834.0 25,876.0 22,295.0
Minority interests 0.0 111.0 108.0 96.0 61.0
long term debt
(financial debts) 9,966.0 23,095.0 26,859.0 18,024.0 18,589.0
Other non current
liabilities 6,185.0 16,969.0 16,828.0 11,227.0 11,184.0
Non current
liabilities 16,151.0 40,064.0 43,687.0 29,251.0 29,773.0
short term debt
(financial debts) 5.0 3,836.0 1,865.0 966.0 1,662.0
Trade accounts
payable 1,556.0 5,525.0 5,409.0 3,766.0 3,373.0
Accruals 1,170.0 4,228.0 3,807.0 3,356.0 2,754.0
other accounts
payable 875.0 4,856.0 4,579.0 3,403.0 3,255.0
other current
liabilities 2,045.0 9,084.0 8,386.0 6,759.0 6,009.0
Current
liabilities 3,606.0 18,445.0 15,660.0 11,491.0 11,044.0
Shareh. equity,
min. interests + liabilities 23,329.0 93,837.0 95,289.0 66,714.0 63,173.0
Sales 18,339.0 54,365.0 49,207.0 40,386.0 41,932.0
Net sales 18,339.0 54,365.0 49,207.0 40,386.0 41,932.0
Other operating
revenue 41.0 7.0 0.0 64.0 0.0
Operating revenue 18,380.0 54,372.0 49,207.0 40,450.0 41,932.0
Cost of goods sold 12,499.0 35,350.0 31,305.0 25,786.0 28,088.0
Gross profit 5,881.0 19,022.0 17,902.0 14,664.0 13,844.0
Other operating
expenses 3,170.0 12,365.0 12,236.0 9,140.0 10,001.0
Operating result 2,711.0 6,657.0 5,666.0 5,524.0 3,843.0
Interest revenues 0.0 0.0 0.0 0.0 0.0
other financial
revenues 0.0 0.0 17.0 0.0 1,045.0
Financial income 0.0 0.0 17.0 0.0 1,045.0
Interest expenses 0.0 1,645.0 1,790.0 0.0 0.0
other financial
expenses 0.0 240.0 251.0 1,237.0 1,240.0
Financial expenses 356.0 1,885.0 2,041.0 1,237.0 1,240.0
Financial result -356.0 -1,885.0 -2,024.0 -1,237.0 -195.0
Result before
extraordinary items 2,355.0 4,772.0 3,642.0 4,287.0 3,648.0
Extraordinary
income 0.0 0.0 1,644.0 0.0 0.0
Extraordinary
expenses 0.0 0.0 0.0 0.0 0.0
Extraordinary
Result 0.0 0.0 1,644.0 0.0 0.0
Result before
taxes 2,355.0 4,772.0 5,286.0 4,287.0 3,648.0
Taxes 811.0 1,225.0 1,147.0 1,259.0 755.0
Result before
minority interests 1,544.0 3,547.0 4,139.0 3,028.0 2,893.0
minority interests 0.0 20.0 25.0 7.0 9.0
Result for the
financial year 1,544.0 3,527.0 4,114.0 3,021.0 2,884.0
Depreciation 428.0 1,485.0 1,440.0 931.0 986.0
Cash flow 1,972.0 5,032.0 5,579.0 3,959.0 3,879.0
Cash flow from
operating activities 3,035.0 4,520.0 3,748.0 5,084.0 4,141.0
Investments in
tangible fixed assets 440.0 1,771.0 1,661.0 1,330.0 1,367.0
Cash flow from
investing activities -422.0 -1,728.0 -7,462.0 -1,239.0 -1,320.0
Cash flow from
financing activities -1,358.0 -3,175.0 4,188.0 -3,133.0 -2,057.0
Others 0.0 -124.0 -94.0 145.0 -87.0
Change in
liquidity 1,255.0 -507.0 380.0 857.0 677.0
Liquidity at
beginning of the year 2,481.0 2,101.0 1,244.0 567.0
Liquidity at end
ot the year 1,255.0 1,974.0 2,481.0 2,101.0 1,244.0
Research and
Development 702.0 583.0 477.0 498.0
Added value 2,783.0 7,902.0 8,516.0 5,218.0 4,634.0
Working Capital 1,461.0 6,542.0 6,440.0 5,206.0 5,212.0
Sales per Employee 0.8 0.4 0.4 0.4
Gross cost land
and buildings 2,480.0 6,998.0 6,883.0 5,551.0 5,225.0
Gross cost other
tangible fixed assets 5,922.0 16,934.0 16,147.0 13,872.0 12,590.0
Gross cost total 8,402.0 23,932.0 23,030.0 19,423.0 17,815.0
Employees at year end 23,000 126,000 127,000 97,000
Employees inland 20,900
Employees abroad 2,100
Name: MONDELEZ
INTERNATIONAL, INC.
City/Country: Northfield/Illinois, United
States of America/US
No.
of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Type: indirect, Group-Level
1
Name: MONDELEZ INTERNATIONAL,
INC.
City/Country: Northfield/Illinois, United
States of America/US
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%
Type: direct, Group-Level 2
Name: Kraft Foods Schweiz
Holding GmbH
City/Country: Zug/ZG, Switzerland/CH
Interest: 100,00% voting right,
100,00% capital interest
Name: Mondelez Europe
Procurement GmbH
City/Country: Glattpark (Opfikon)/ZH,
Switzerland/CH
Name: Mondelez Europe
Services GmbH
City/Country: Glattpark (Opfikon)/ZH,
Switzerland/CH
Name: Mondelez Schweiz GmbH
City/Country: Glattpark (Opfikon)/ZH,
Switzerland/CH
Name: Mondelez Europe
GmbH
City/Country: Glattpark (Opfikon)/ZH,
Switzerland/CH
It is believed that the company has no
investments.
Control date Year No. Amount CHF Status
04.08.2009 2009 0
04.08.2009 2008 0
04.08.2009 2007 0
04.08.2009 2006 0
An updated legal action check is only
available against proof of interest. e.g. a copy of an enquiry letter, and
order or invoice relating to the subject company.
Financial
Statements: The company does not
disclose any financial statements. Third parties are not permitted any insight
into the financial affairs. It is therefore difficult to make a proper
assessment of the actual situation.
Financial
Situation: The financial situation
is in order.
Payment
experiences: Financial obligations are
met as appropriate.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.12 |
|
|
1 |
Rs.102.71 |
|
Euro |
1 |
Rs.84.52 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
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|
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.