|
Report Date : |
02.12.2014 |
IDENTIFICATION DETAILS
|
Name : |
PREC-CAST ÖNTÖDEI KORLÁTOLT FELELŐSSÉGŰ TÁRSASÁG |
|
|
|
|
Registered Office : |
3980 Sátoraljaujhely, Ipar u.
2. |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
27.07.1989 |
|
|
|
|
Legal Form : |
Limited Liability Company (Ltd.)
|
|
|
|
|
Line of Business : |
· Casting of other non-ferrous metals · Manufacture of basic iron and steel and of ferro-alloys · Aluminium production · Other non-ferrous metal production · Casting of iron · Casting of light metals · Manufacture of metal structures and parts of structures · Manufacture of doors and windows of metal |
|
|
|
|
No of Employees : |
1021 |
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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Hungary |
B1 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
HUNGARY - ECONOMIC
OVERVIEW
Hungary has made the
transition from a centrally planned to a market economy, with a per capita income
nearly two-thirds that of the EU-28 average. In late 2008, Hungary's impending
inability to service its short-term debt - brought on by the global financial
crisis - led Budapest to obtain an IMF/EU/World Bank-arranged financial
assistance package worth over $25 billion. The global economic downturn,
declining exports, and low domestic consumption and fixed asset accumulation,
dampened by government austerity measures, resulted in a severe economic
contraction in 2009. In 2010 the new government implemented a number of changes
including cutting business and personal income taxes, but imposed "crisis
taxes" on financial institutions, energy and telecom companies, and
retailers. The IMF/EU bail-out program lapsed at the end of the year and was
replaced by Post Program Monitoring and Article IV Consultations on overall
economic and fiscal processes. At the end of 2011 the government turned to the
IMF and the EU to obtain financial backstop to support its efforts to refinance
foreign currency debt and bond obligations in 2012 and beyond, but Budapest's
rejection of EU and IMF economic policy recommendations led to a breakdown in
talks with the lenders in late 2012. Global demand for high yield has since
helped Hungary to obtain funds on international markets. Hungary’s progress
reducing its deficit to under 3% of GDP led the European Commission in 2013 to
permit Hungary for the first time since joining the EU in 2004 to exit the
Excessive Deficit Procedure.
|
Source
: CIA |
PREC-CAST ÖNTÖDEI
KORLÁTOLT FELELŐSSÉGŰ TÁRSASÁG
3980 Sátoraljaujhely, Ipar u.
2.
Phone: +36(47)523014
Telefax: +36(47)523029
E-Mail: preccast@preccast.hu
Web: www.preccast.hu
Legal form limited liability
company (Ltd.)
Established on 27/07/1989 -
limited liability company (Ltd.)
Registered on 28/04/1990,
Borsod-Abaúj-Zemplén megye, RegNr.: 05 09 000192
Tax number:
10276509-2-05
EU Community VAT
identification number: HU10276509
Statistical
number: 10276509
Last entry: 2014.07.30.
Registered EUR 1 289 031,-
capital From this non-cash
capital EUR
977 072,-
contribution
Owner Regensburger
Druckgußwerk Wolf
GmbH
Prüfeninger Schlossstraße
7.,
93051 Regensburg,
Germany
member of
Ltd.
Beginning of
validity: 25.04.2014
Person in charge
for delivery:
Dr. Simonfay
Tanácsadó Korlátolt
Felelősségű
Társaság
1061 Budapest,
Andrássy út 36. 2.
em. 5.
Authorized to Dipl.Ing. Rambold
Wilhelm
sign (Mothers name:
Gerda Rambold)
Prüfeninger
Schlossstraße 7., 93051 Regensburg, Germany
manager
authorized to sign alone
Beginning of legal
relation: 26.06.1998
Beginning of
validity: 25.04.2014
Person in charge for delivery:
Dr. Simonfay
Tanácsadó Korlátolt Felelősségű Társaság
1061 Budapest,
Andrássy út 36. 2. em. 5.
Julius Durstewitz
Thomas
(Mothers name:
Adelheid Wett)
Cadolhofen 26.,
91635 Windelsbach, Germany
manager
authorized to
collective sign
Beginning of legal
relation: 01.01.2013
Beginning of
validity: 08.07.2014
Zsolt Szabó
(Mothers name:
Gellérfi Kataliln)
3532 Miskolc,
Károly utca 5. fszt. 1a.
manager
authorized to
collective sign
Beginning of legal
relation: 14.05.2014
Beginning of
validity: 08.07.2014
Supervisory Dr. Géza
Simonfay
Board (Mothers name:
Krcal Mária)
1014 Budapest, Dísz tér 3.
member of the
supervisory board
Beginning of legal
relation: 01.01.2012
End of legal
relation: 31.12.2016
Beginning of
validity: 01.01.2012
János Tibor
Négyesi
(Mothers name:
Kassai Mária)
3961 Vajdácska,
Vásáros utca 1. a. ép.
member of the
supervisory board
Beginning of legal
relation: 20.12.2012
End of legal
relation: 20.12.2017
Beginning of
validity: 20.12.2012
Richárd
Hörcsik
(Mothers name:
Cinege Johanna)
3950 Sárospatak,
Kazinczy út 8.
member of the
supervisory board
Beginning of legal
relation: 25.04.2014
End of legal
relation: 25.04.2019
Beginning of
validity: 25.04.2014
Auditor HLB Magyarország
Könyvvizsgáló és
Tanácsadó
Korlátolt Felelősségű
Társaság
1143 Budapest, Stefánia út
101-103.
Szabolcs
Szeles
1016 Budapest, Ág
utca 3.
General data Main
activity: Code: Insolvency
Észak- Borsod-
Casting of other
non-ferrous (2454.) risk: magyarországi Abaúj-
metals 4,17 % régió: Zemplén:
0,00
% 0,00 %
Full name:
PREC-CAST Öntödei
Korlátolt Felelősségű Társaság
Name in foreign language:
PREC-CAST Foundry
Limited Liability Company
PREC-CAST
Giesserei Gesellschaft mit beschränkter Haftung
PREC-CAST Société
de Fonderie a responsabilité Limitée
Short name:
PREC-CAST
Kft.
Export:
Germany
Slovakia
Sweden
USA
Import:
Austria
Germany
Slovakia
General
contacts:
Phone:
+36(47)523014
+36(47)523017
Telefax:
+36(47)523029
E-Mail:
preccast@preccast.hu
r.szabo@preccast.hu
Web:
www.preccast.hu
Residence
address:
3980
Sátoraljaujhely, Ipar u. 2.
postal
address:
3981 Sátoraljaújhely, Pf:
189.
The company has
ISO 14001 quality certificate.
Other
activities
TEÁOR 2008 (NACE rev. 2): Code:
Insolvency Észak- Borsod-
risk: magyarországi Abaúj-
régió: Zemplén:
Manufacture of basic iron
and (2410.) 9,43 % 7,14 %
0,00 %
steel and of ferro-alloys
Aluminium production (2442.) 6,25 % 0,00 %
0,00 %
Other non-ferrous metal (2445.) 0,00 % 0,00 %
0,00 %
production
Casting of iron (2451.) 0,00 % 0,00 %
0,00 %
Casting of light metals (2453.) 4,60 % 0,00 %
0,00 %
Manufacture of metal (2511.) 5,99 % 6,17 %
7,41 %
structures and parts of
structures
Manufacture of doors and (2512.) 4,96 % 4,76 %
9,09 %
windows of metal
Treatment and coating of metals
(2561.) 3,77 % 0,00 % 0,00 %
Machining (2562.) 5,57 % 3,74 %
1,85 %
Manufacture of tools (2573.) 2,88 % 5,00 %
9,09 %
Manufacture of light metal (2592.) 0,00 % 0,00 %
0,00 %
packaging
Manufacture of other (2599.) 3,46 % 4,76 %
0,00 %
fabricated metal products
n.e.c.
Manufacture of bearings, (2815.) 3,57 % 0,00 %
0,00 %
gears, gearing and driving
elements
Manufacture of metal
forming (2841.) 1,47 % 0,00 %
0,00 %
machinery
Manufacture of other parts
and (2932.) 1,73 % 0,00 %
0,00 %
accessories for motor
vehicles
Agents involved in the sale
of (4614.) 2,50 % 0,00 %
0,00 %
machinery, industrial
equipment, ships and aircraft
Agents involved in the sale
of (4619.) 5,52 % 5,63 %
2,15 %
a variety of goods
Wholesale of metals and
metal (4672.) 6,81 % 8,51 %
6,90 %
ores
Warehousing and storage (5210.) 3,51 % 0,00 %
0,00 %
Renting and operating of
own (6820.) 2,03 % 2,75 %
3,21 %
or leased real estate
Business and other
management (7022.) 2,01 % 2,44 %
1,90 %
consultancy activities
Other research and (7219.) 1,37 % 1,79 %
1,32 %
experimental development
on
natural sciences and
engineering
Renting and leasing of (7731.) 0,00 % 0,00 %
0,00 %
agricultural machinery and
equipment
Renting and leasing of
other (7739.) 2,58 % 1,75 %
2,78 %
machinery, equipment and
tangible goods n.e.c.
Combined office
administrative (8211.) 2,43 % 4,17 %
0,00 %
service activities
Employees 2006 760 employees
2007
984 employees
2008
910 employees
2009
665 employees
2010
851 employees
2011
977 employees
2012
956 employees
2013
954 employees
27/01/
1034 employees
2014
27/02/
1039 employees
2014
10/03/
1064 employees
2014
07/04/
1087 employees
2014
07/05/
1087 employees
2014
04/06/
1086 employees
2014
04/07/
1078 employees
2014
05/08/ 988 employees
2014
05/09/
973 employees
2014
03/10/
992 employees
2014
04/11/
1021 employees
2014
Annual turnover
2004 Net income EUR 36 533 197,-
2005 Net income EUR 36 769 378,-
2006 Net income EUR 47 245 402,-
2007 Net income EUR 51 351 094,-
2008 Net income EUR 42 295 063,-
2009 Net income EUR 26 572 225,-
2010 Net income EUR 37 435 201,-
2011 Net income EUR 48 740 587,-
2012 Net income EUR 46 202 612,-
2013 Net income EUR 48 413 410,-
Property Company's
property: Technological equipments, machines, vehicles
Book value:
3 470 604,- EUR (According to balance - 2013)
Company's
property: property
Book value:
5 760 741,- EUR (According to balance - 2013)
Balance sheets The enclosed balance of 2013 is originated
from official
source, it is
authenticated by the auditor . (31.12.2013 - 1
EUR)
The enclosed balance of 2012 is
originated from official
source, it is
authenticated by the auditor . (31.12.2012 - 1
EUR)
The enclosed
balance of 2011 is originated from official
source, it is
authenticated by the auditor . (31.12.2011 - 1
EUR)
The enclosed
balance of 2010 is originated from official
source, it is
authenticated by the auditor . (31.12.2010 - 1
EUR)
The enclosed profit
and loss account of 2013 is originated
from official
source, it is authenticated by the auditor .
(31.12.2013 - 1
EUR)
The enclosed
profit and loss account of 2012 is originated
from official
source, it is authenticated by the auditor .
(31.12.2012 - 1
EUR)
The enclosed
profit and loss account of 2011 is originated
from official
source, it is authenticated by the auditor .
(31.12.2011 - 1
EUR)
The enclosed
profit and loss account of 2010 is originated
from official
source, it is authenticated by the auditor .
(31.12.2010 - 1
EUR)
Interests Dr. Géza
Simonfay:
Andrássy út 7
Ingatlanfejlesztő Authorized to
sign
Korlátolt
Felelősségű Társaság
(Statistical
number: 14026038)
*** Last event influencing the credit risk:
2013.01.03. ***
BB Part
Ingatlanbefektető és - Authorized to
sign
Fejlesztő
Korlátolt Felelősségű
Társaság (Statistical
number:
22726403)
*** Last event
influencing the credit risk: 2013.01.03. ***
Dr. Simonfay
Tanácsadó Korlátolt Owner
Felelősségű
Társaság (Statistical
number:
10836189)
*** Last event
influencing the credit risk: 2012.12.10. ***
Euro Consult
Tanácsadó Korlátolt Owner
Felelősségű
Társaság (Statistical
number:
11453299)
*** Last event
influencing the credit risk: 2013.01.03. ***
Euro Consult
Tanácsadó Korlátolt Authorized to
sign
Felelősségű
Társaság (Statistical
number:
11453299)
*** Last event
influencing the credit risk: 2013.01.03. ***
GVS-RealConsulting
Services Owner
Korlátolt Felelősségű Társaság
(Statistical
number: 22614838)
*** Last event
influencing the credit risk: 2013.01.03. ***
MULTISERVICE
Tanácsadó Korlátolt Owner
Felelősségű
Társaság (Statistical
number:
10421307)
*** Last event
influencing the credit risk: 2013.07.29. ***
RSB Speedpark
Korlátolt Owner
Felelősségű
Társaság (Statistical
number:
22926311)
*** Last event
influencing the credit risk: 2013.01.30. ***
RSB Speedpark
Korlátolt Authorized to
sign
Felelősségű
Társaság (Statistical
number:
22926311)
*** Last event
influencing the credit risk: 2013.01.30. ***
Simonfay &
Györffy Kereskedelmi Owner
Korlátolt
Felelősségű Társaság
(Statistical
number: 10826001)
*** Last event
influencing the credit risk: 2013.01.02. ***
Simonfay & Györffy
Kereskedelmi Authorized to sign
Korlátolt
Felelősségű Társaság
(Statistical
number: 10826001)
*** Last event
influencing the credit risk: 2013.01.02. ***
Simonfay
Mezőgazdasági, Termelő Owner
Korlátolt
Felelősségű Társaság
(Statistical number:
13368292)
*** Last event
influencing the credit risk: 2012.12.13. ***
Simonfay
Mezőgazdasági, Termelő Authorized to
sign
Korlátolt
Felelősségű Társaság
(Statistical
number: 13368292)
*** Last event
influencing the credit risk: 2012.12.13. ***
Társ Befektető
Vagyonkezelő és Owner
Tanácsadó
Korlátolt Felelősségű
Társaság
(Statistical number:
10623396)
*** Last event
influencing the credit risk: 2014.05.05. ***
Törökvész-Immo
Ingatlankezelő Owner
Korlátolt
Felelőségű Társaság
(Statistical
number: 14127490)
*** Last event
influencing the credit risk: 2013.01.03. ***
Törökvész-Immo
Ingatlankezelő Authorized to
sign
Korlátolt Felelőségű Társaság
(Statistical
number: 14127490)
*** Last event
influencing the credit risk: 2013.01.03. ***
Richárd Hörcsik:
DYNAMIS Ipari,
Kereskedelmi és Owner
Szolgáltató
Korlátolt Felelősségű
Társaság
(Statistical number:
13211248)
*** Last event
influencing the credit risk: 2013.01.24. ***
Bank relations K&H Bank Zrt.
275 Sátoraljaújhely:
Central address:
HU Sátoraljaújhely, Petőfi u. 3.
Account number:
104027572751002100000000
MKB Bank
Zrt.:
Central address:
HU Budapest, Váci utca 38.
Account number:
103000022550154600003285
K&H Bank Zrt.
275 Sátoraljaújhely:
Central address:
HU Sátoraljaújhely, Petőfi u. 3.
Account number:
104027574948485350541039
K&H Bank Zrt.
BPNyugat:
Central address:
HU Budapest, Lechner Ödön fasor 9.
Account number:
104080072449643248840000
MKB Bank
Zrt.:
Central address:
HU Budapest, Váci utca 38.
Account number:
103000022550154620023285
Account number:
103000026460003726304889
COMMERZBANK
ZRT.:
Central address:
HU Budapest, Széchenyi rkp. 8.
Account number:
142202495028600700000000
Account number:
142202495028600701000003
Raiffeisen Bank
Zrt. Miskolci Fiók:
Central address:
HU Miskolc, Bajcsy Zs. út 2-4.
Account number:
120461020130125800300009
Account number:
120461020130125800100005
Company constant
development
Business course good (
Terms of without
compliants, supplier feedback show no
payment negative data
Business The establishing
of the busness connection is
connection allowed
A.
The enclosed balance of 2010 is originated from official source, it is
authenticated
by the auditor . (31.12.2010 - 1 EUR)
B.
The enclosed balance of 2011 is originated from official source, it is
authenticated
by the auditor . (31.12.2011 - 1 EUR)
C.
The enclosed balance of 2012 is originated from official source, it is
authenticated
by the auditor . (31.12.2012 - 1 EUR)
D.
The enclosed balance of 2013 is originated from official source, it is
authenticated
by the auditor . (31.12.2013 - 1 EUR)
balance A B C D
2010.12.31.
2011.12.31. 2012.12.31. 2013.12.31.
>FIXED
ASSETS
>14 399 891 >18 972 824
>18 978 292 >23 932 110
>Intangible
assets >12 048 >37 066 >20 150 >20 094
Capitalised
value of
0
fundantion
and
restructuring
costs
Capitalised
value of
0
research
and development
costs
Consessions
and similar 11 995 37 066 20 150 7 655
rights
and assents
Intellectual
property 53 0 12 439
Goodwill 0
Advance
payments on on
0
intangible
assets
Revaluation
of intangible
0
assets
>Tangible
assets >12 139 486
>11 516 732 >11 639 747 >16 805 297
Land
and buildings and
6 044 708
5 863 937
5 712 441 5 760 741
related
concessions and
similar
rights
Technical
equipment,
4 221 221
3 458 689
3 992 392 3 470 604
machinery
and vehicles
Other
equipment, fittings
1 535 439
1 328 649
1 276 055 2 563 925
and
vehicles
Breeding
stock
0
Capital
WIP, renovations 260 000 220 974 466 226 4 786 365
Advance
payments on 78 118 644 483 192 633 223 662
Capital
WIP
Revaluation
of tangible
0
assets
>Financial
investments
>2 248 357
>7 419 026
>7 318 395
>7 106 719
Long
term investments in
2 245 934 5 105 936 5 005 795 4 794 119
related
companies
Long
term loans given to
2 312 600
2 312 600
2 312 600
related
companies
Other
long term
0
investments
Long
term loans given to
0
other
investees
Other
loag term loans
2 423 490
given
Securities
representing 0
long
term loans
Revaluation
of financial
0
investments
>CURRENT
ASSETS
>22 278 893 >21 738 078
>21 829 244 >23 339 711
>Inventories >8 204 269 >8 507 836 >9 087 149 >8 705 523
Raw
materials and
4 873 327
3 744 251
4 136 001 3 131 866
consumables
Work
in progress and semi-
1 911 567
2 859 220
2 449 450 3 539 910
finished
products
Animals
0
Finished
goods
1 417 343
1 819 728
2 073 001 1 415 610
Goodss,
services 2 032 60 700 405 539 513 546
Advance
payments on
23 937 23 158 104 591
inventories
>Receivables >13 957 587
>13 108 812 >12 297 595 >13 336 207
Trade
accounts receivable
3 448 368
3 929 142
5 855 661 7 502 805
Receivables
from related 10 043 654 8 798 476 5 651 685 5 447 996
companies
Receivables
from other
0
investees
Bills
of exchange
0
receivable
Other
receivables
465 565 381 194 790 249 385 406
Revaluation
difference on
0
receivables
Revaluation
difference (+
0
)
on derivative
transactions
>Securities >0
Investments
in related
0
companies
Other
investments
0
Own
shares, own quotas
0
Securities
personifying 0
circulational
credit
relation
aim
>Liquid
assets
>117 037
>121 430 >444 500 >1 297 981
Cash
in hand, cheques
2 217 1 617 7 292 28 018
Bank
deposits
114 820 119 813 437 208 1 269 963
>PREPAID
EXPENSES AND
>221 998
>181 459
>66 252 >51 650
ACCRUED
INCOME
Accrued
income 178 519 541 706 255
Prepaid
expenses 43 479 180 918 65 546 51 395
Deferred
expenses 0
>TOTAL
ASSETS
>36 900 782 >40 892 361
>40 873 788 >47 323 471
>SHAREHOLDERS'
EQUITY >25 630 817
>26 993 923 >28 122 217 >29 619 904
Capital
subscribed
1 289 031
1 289 031
1 289 031 1 289 031
thereof:
treasure shares
0
repurchased
at face value
Issued
but not paid 0
capital
(-)
Capital
reserves 897 003 897 003 897 003 897 003
Retained
earnings from
22 437 944
23 444 783 24 807 889 25 936 183
previous
years
Non-distributable
reserves 0
Revaluation
reserve
0
Profit
per balance-sheet
1 006 839
1 363 106
1 128 294 1 497 687
>PROVISIONS >0 >0
Provisions
for expected
0
liabilities
Provisions
for future
0
expenses
Other
provision
0
>LIABILITIES >10 859 207
>13 608 531 >12 465 799 >17 265 834
>Subordinated
liabilities
>0
Subordinated
liabilities
0
to
related companies
Subordinated
liabilities
0
to
ither investees
Subordinated
liabilities 0
to
other enterprises
>Long
term liabilities
>483 334
>1 500 000
>3 091 665 >3 220 829
Long
term credits
0
Convertible
bonds
0
Debts on the issue of 0
bonds
Investment
and 0
development
loans
Other
long term loans
483 334
1 500 000
3 091 665 3 220 829
Long
term liabilities to
0
related
companies
Long
term liabilities to
0
other
investees
Other
long term
0
liabilities
>Short
term liabilities
>10 375 873 >12 108 531 >9 374 134
>14 045 005
Short
term loans 0
thereof:
convertible bonds
0
Short
term credits
3 147 922
4 733 178
4 074 135 4 601 864
Advance
payments received 146 756 523 722 71 888 184 765
from
customers
Trade
accounts payable
2 662 518
2 337 945
1 493 474 5 055 172
Bills
of exchange payable
0
Short
term liabilities to
3 383 399
3 316 861
2 697 179 2 912 169
related
companies
Short
term liabilities to
0
other
investees
Other
short term
1 035 278
1 196 825
1 037 458 1 291 035
liabilities
Revaluation
difference on
0
liabilities
Revaluation
difference
0
(–)
on derivative
transactions
>ACCRUED
EXPENSES AND
>410 758
>289 907
>285 772 >437 733
DEFERRED
INCOME
Deferred
revenues 0
Accrued
expenses and 58 425 54 787 81 692 237 836
deferred
income
Deferred
income 352 333 235 120 204 080 199 897
>TOTAL
LIABILITIES AND
>36 900 782 >40 892 361
>40 873 788 >47 323 471
SHEREHOLDERS
EQUITY
A.
The enclosed profit and loss account of 2010 is originated from official
source,
it is authenticated by the auditor . (31.12.2010 - 1 EUR)
B.
The enclosed profit and loss account of 2011 is originated from official
source,
it is authenticated by the auditor . (31.12.2011 - 1 EUR)
C.
The enclosed profit and loss account of 2012 is originated from official
source,
it is authenticated by the auditor . (31.12.2012 - 1 EUR)
D.
The enclosed profit and loss account of 2013 is originated from official
source,
it is authenticated by the auditor . (31.12.2013 - 1 EUR)
profit
and loss account A B C D
2010.12.31.
2011.12.31. 2012.12.31. 2013.12.31.
Net
domestic sales
7 189 553
10 314 622 10 439 468 11 403 361
revenues
Net
export sales revenues
30 245 648
38 425 965
35 763 144 37 010 049
>Net
sales revenues
>37 435 201 >48 740 587
>46 202 612 >48 413 410
Change
in self- -46 370 1 350 038 -156 497 433 069
manufactured
inventories
Capitalised
value of self- 2 534 15 142 99 316 81 453
manufactures
assets
Capitalised
value of own -43 836 1 365 180 -57 181 514 522
performance
Other
revenues
386 170 23 333 302 916 72 927
of
which: reversal of
0 268 130
impairment
loss provision
Cost
of raw materials
17 659 132
24 896 981
22 891 298 22 635 813
Value
of services used
3 248 908
4 871 110
4 587 951
4 727 268
Value
of other services
78 370 81 000 84 795 125 866
Cost
of goods sold
989 514
1 631 382
1 845 858 2 348 210
Value
of recharged
14 249 132 944 30 387 26 973
services
>Material
type expenditure >21 990 173 >31 613 417
>29 440 289 >29 864 130
Wages
6 396 525
7 793 651
8 464 195 8 771 900
Other
payments to
1 274 781
1 805 033
1 185 466 1 008 003
personnel
Personnel
related
1 998 393
2 501 616
2 663 527 2 625 906
contributions
>Payments
to personnel >9 669 699
>12 100 300 >12 313 188 >12 405 809
Deprecation
change 2 251 748 1 878 051 1 599 296 1 592 184
Other
expenses
885 593 1 103 918
778 788 980 466
of
which: impairment loss
211 152 587 939 756 2 571
provision
TRADING
PROFIT
2 980 322
3 433 414
2 316 786 4 158 270
Dividend
received
0
of
which: received from
0
related
companies
Gain
on sale of investment 0
Given
to associated
0
company
Interest
received and
0
gain
on financial
transactions
of
which: received from
0
related
companies
Other
interest received
76 213 65 762 65 411 53 268
of
which: received from
75 339 64 753 64 753 50 877
related
companies
Other
revenues from
410 131 755 501 443 141 369 164
financial
transactions
Revenues
from financial 486 344 821 263 508 552 422 432
transactions
Losst
on financial
0
investments
of
which: given to 0
related
companies
Interest
paid 132 808 111 843 132 828 128 517
of
which: given to
0
related
companies
Impairment
loss of
0
financial
investment,
secunties
and bank
deposits
Other
expenditures on
111 151 209 004 360 003 319 111
financial
transactions
Expenditures
of financial 243 959 320 847 492 831 447 628
transactions
FINANCIAL
PROFIT 242 385 500 416 15 721
-25 196
PROFIT
FROM ORDINARY
3 222 707
3 933 830
2 332 507 4 133 074
BUSINESS
Extraordinary
revenues 206 730 227 868 31 040 8 935
Extraordinary
expenditures 37 714 106 231 120 818 46 496
PROFIT
ON EXTRAORDINARY 169 016 121 637 -89 778 -37 561
EVENTS
>NET
PROFIT BEFORE
>3 391 723
>4 055 467
>2 242 729
>4 095 513
TAXATION
Tax
liability
584 884 692 361 114 435 597 826
>AFTER
TAX PROFIT
>2 806 839
>3 363 106
>2 128 294 >3 497 687
Dividends
paid out of
0
accumulated
profit reserve
Dividends
paid (approved)
1 800 000
2 000 000
1 000 000 2 000 000
out
of current year
profits
>NET
PROFIT PER BALANCE
>1 006 839
>1 363 106
>1 128 294
>1 497 687
SHEET
Ratios 2010 2011
2012 2013
Equity ratio 0,69 0,66
0,69 0,63
Cleared equity ratio
0,69 0,66 0,69
0,63
Current liquidity 2,15 1,8
2,33 1,66
Quick liquidity 1,36 1,09
1,36 1,04
Working capital 11903020 9629547 12455110 9294706
Gearing 0,42 0,5
0,44 0,58
Cleared gearing 0,14 0,23
0,25 0,26
Profitability 9,06 8,32
4,85 8,46
Operating profitability 7,96
7,04 5,01 8,59
Stock days 79,99 63,71
71,79 65,63
Debtor days 136 98,17
97,15 101
Supplier days 44,19
26,99 18,52 61,78
equity ratio (%) 69,46 66,01
68,8 62,59
Long term debt ratio 1,85
5,26 9,9 9,81
(%)
Leverage (%)
27,37 35,38 35,07
36,24
Coverage of fixed 181 150
164 137
assets (%)
Receivables turnover 132
95,31 90,91 97,64
ratio (day)
P/L after tax/Turnover 7,96
7,04 5,01 8,59
(%)
Return On Investment 0,08
0,08 0,06 0,09
Interest cover 22,44 30,7
17,44 32,36
Return On Equity (%) 10,95
12,46 7,57 11,81
Return On Assets (%) 7,61
8,22 5,21 7,39
Net income/Turnover (%) 2,69
2,8 2,44 3,09
Change in Turnover (%) 40,88
30,2 -5,21 4,79
Change in Net income 5,16
10,82 -0,05 15,78
(%)
Debtors/Creditors 1,3 1,68
3,92 1,48
Change in P/L before 128
15,2 -32,52 79,48
tax (%)
Turnover 10456760056 15136828261
13470149271 14365997033
Turnover/Employees 10960964 15866696 14119653 15058697
Share capital 7159446089 8383205901 8198897085
8789289021
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.14 |
|
|
1 |
Rs.97.05 |
|
Euro |
1 |
Rs.77.37 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
SMN |
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.