|
Report Date : |
04.02.2014 |
IDENTIFICATION DETAILS
|
Name : |
MASCHINENFABRIK RIETER AG |
|
|
|
|
Registered Office : |
Klosterstrasse 20, 8406 Winterthur/ZH |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
01.07.1952 |
|
|
|
|
Com. Reg. No.: |
020.3.916.776-1 / 153459 |
|
|
|
|
Legal Form : |
Company limited by shares |
|
|
|
|
Line of Business : |
Manufacture of machinery for textile, apparel and leather production |
|
|
|
|
No. of Employees : |
1300 |
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 |
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|
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Litigation : |
Exist |
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) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
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High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
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 recovered in 2010 with 3.0% growth. 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 to 1.9% in 2011 and 0.8% in 2012. 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 |
MASCHINENFABRIK
RIETER AG
Operating address:
Klosterstrasse 20
8406 Winterthur/ZH
Switzerland/CH
Telephone : 052
2087171
Fax :
052 2087100
Web site :
http://www.rieter.com
E-mail : info@rieter.com
WIN Worldbox No. : CH0000045427
VAT-No. :
CHE105788761
Established :
1795
History :
1795 : Established as J.J. Rieter Baumwoll- und Kolonialwarenhandel
Line of Business :
Machinery
Industry Division : Manufacturing
Industry-code (NACE) : 2894 Manufacture of machinery for textile, apparel
and leather production
Import/Export :
Export
Banks :
UBS Ltd
CS Credit Suisse
Coverage :
Company
Figures :
approximately
Employees :
1,300
Sales :
CHF 280,000,000.--
Rieter is a leading supplier on the world market
for textile machinery and components used in short staple fiber spinning. The
company develops and manufactures systems, machinery and technology components
used to convert natural and manmade fibers and their blends into yarns. Rieter is the only supplier worldwide to cover spinning
preparation processes as well as all four final spinning processes currently
established on the market. The company has 18 manufacturing locations in 9
countries.
Real Estate :
The company owns extensive property.
Company No :
020.3.916.776-1 / 153459
Legal form :
Company limited by shares
Registration :
01.07.1952
Legal status :
active
Responsible Register :
Handelsregister des Kantons
Zürich (since 07.05.1985)
History :
Date of Statutes: 31.03.2009
Date of Statutes: 30.10.2008
Date of Statutes: 10.03.2004
Date of Statutes: 21.08.1995
Date of Statutes: 29.04.1985
Entry Deleted Name
active Maschinenfabrik Rieter AG
active Rieter Machine Works Ltd (Name translated)
active Ateliers
de Construction Rieter SA (Name translated)
active Fabbrica di Macchine
Rieter SA (Name translated)
active àbrica de Máquinas Rieter SA (Name translated)
Entry Deleted Legal domicile
active Winterthur, Switzerland
Entry Deleted Address
active Klosterstrasse 20, 8406 Winterthur/ZH,
Switzerland/CH
Entry Deleted Capital
09.07.2004 Share
Capital CHF 8,500,000, paidup CHF 8,500,000
Entry Deleted Capital Structure
09.07.2004 85,000
Registered shares of CHF 100.--
Entry Deleted Activity (original Language)
20.04.2009 Die Gesellschaft bezweckt den Betrieb einer Maschinenfabrik
und Handelsunternehmung in Winterthur
und an anderen Orten, den Erwerb von und Handel mit Patenten, Muster- und Modellrechten,
Marken und anderen immateriellen Gütern, die Erstellung von Studien über Beratung bei
der Erstellung und dem Betrieb von Anlagen und Vorgängen auf technischem Gebiet. Die Gesellschaft kann sich an anderen
Industrie- und Handelsunternehmen
beteiligen sowie im In- und Ausland Zweigniederlassungen errichten
und Tochtergesellschaften gründen.
Die Gesellschaft kann Verwaltungsdienstleistungen für Dritte übernehmen. Die Gesellschaft kann alle kommerziellen, finanziellen und anderen Tätigkeiten ausüben, welche mit dem
Zweck der Gesellschaft im Zusammenhang stehen. Sie kann überdies
anderen Gruppengesellschaften
des Rieter-Konzerns Darlehen
oder andere Finanzierungen gewähren und für Verbindlichkeiten von solchen Gruppengesellschaften Sicherheiten aller Art stellen, einschliesslich mittels Pfandrechten an oder fiduziarischen Übereignungen von Aktiven der Gesellschaft oder Garantien jedwelcher Art. Die Gesellschaft kann Grundstücke im In- und Ausland erwerben, verwalten und veräussern.
20.04.2009 Betrieb
einer Maschinenfabrik und Handelsunternehmung in Winterthur
und an anderen Orten, Erwerb von und Handel mit Patenten, Muster- und Modellrechten,
Marken und anderen immateriellen Gütern, Erstellung von Studien über Beratung bei
der Erstellung und dem Betrieb von Anlagen und Vorgängen auf technischem Gebiet; kann sich
an anderen Industrie- und Handelsunternehmen beteiligen, Verwaltungsdienstleistungen für Dritte übernehmen sowie Grundstücke erwerben, verwalten und veräussern.
Entry Deleted Remarks (original Language)
active Publishing
authority: SHAB.
active Merger: Uebernahm auf dem Wege der Fusion die Bertschinger Maschinenhandel AG,
in Wallisellen. Aktiven und
Passiven der Bertschinger Maschinenhandel AG sind gemäss Fusionsvertrag
vom 5.1.1987 und Fusionsbilanz
per 31.12.1986 im Sinne von
Art. 748 OR an die Maschinenfabrik Rieter AG übergegangen; näheres siehe Tagebuch
11056/1987.
09.07.2004 Shares: Bei der Kapitalherabsetzung
vom 10.3.2004 wird der Nennwert der
85'000 Namenaktien zu CHF
1'000.-- auf CHF 100.-- herabgesetzt und je CHF 900.-- pro Aktie zurückbezahlt; die Beachtung der gesetzlichen Vorschriften von Art. 734 OR wird
mit öffentlicher Urkunde vom 25.5.2004 festgestellt.
29.08.1995 Shares: Die Übertragbarkeit der Namenaktien ist nach Massgabe der
Statuten beschränkt.
29.08.1995 Reports: Alle Mitteilungen der Gesellschaft an die Aktionäre erfolgen durch Brief, Fernschreiben, Telefax oder durch
Telegramm an die im Aktienbuch verzeichneten Adressen.
Title Name
President Peter Gnägi, Origin: Schwadernau,
Switzerland, Residential address: Stäfa, Switzerland,
born: 02.07.1954, joint signature of two
Director Thomas Anwander, Origin: Winterthur,
Switzerland, Residential address: 8400 Winterthur/ZH,
Switzerland, born: 19.02.1960, joint signature of two
Director Joris Gröflin-Liebherr, Origin:
Basel, Switzerland, Residential address: 8000 Zürich/ZH,
Switzerland, joint signature of two, Registered since: 28.06.2011
Title Name
Member with
signing authority Markus Bischof, Origin: Eggersriet,
Switzerland, Residential address: Kaltbrunn,
Switzerland, joint signature of two, Registered since: 02.02.2012
Member with
signing authority Troy Michael Cooley,
Origin: Germany, Residential address: Aristau,
Switzerland, joint signature of two, Registered since: 26.06.2012
Member with
signing authority Martin Deflorin, Origin: Disentis/Mustér,
Switzerland, Residential address: Stäfa/ZH,
Switzerland, joint signature of two, Registered since: 02.02.2012
Member with
signing authority Alper
Düzel, Origin: Winterthur,
Switzerland, Residential address: Winterthur,
Switzerland, joint signature of two, Registered since: 24.08.2012
Member with
signing authority David H. Gehring, Origin: Buchberg,
Switzerland, Residential address: Winterthur,
Switzerland, joint signature of two, Registered since: 29.07.2013
Member with
signing authority Niklaus
Heimberg, Origin: Oberwil im Simmental, Switzerland, Residential address: Iseltwald, Switzerland, joint signature of two, Registered
since: 15.11.2011
Member with
signing authority Franz Hug, Origin:
Germany, Residential address: Gottmadingen , Germany,
joint signature of two, Registered since: 16.11.2012
Member with
signing authority Stephan Jost, Origin: Fahrni,
Switzerland, Residential address: Rapperswil-Jona/SG,
Switzerland, joint signature of two, Registered since: 02.02.2012
Member with
signing authority René Meier, Origin: Baldingen, Switzerland, Residential address: Wiesendangen, Switzerland, joint signature of two,
Registered since: 02.02.2012
Member with
signing authority Lars Olböter, Origin: Germany, Residential address: Sankt Augustin , Germany, joint
signature of two, Registered since: 15.11.2011
Member with
signing authority Andreas Parpan, Origin: Vaz/Obervaz,
Switzerland, Residential address: Jenins,
Switzerland, joint signature of two, Registered since: 20.03.2012
Member with
signing authority Fabio Patera, Origin: Zürich,
Switzerland, Residential address: Rümlang/ZH,
Switzerland, joint signature of two, Registered since: 05.06.2012
Member with
signing authority Patrick Senn, Origin: Wald BE,
Switzerland, Residential address: Schalunen,
Switzerland, joint signature of two, Registered since: 24.08.2012
Member with
signing authority Thomas Speck,
Origin: Appenzell, Switzerland, Residential address: Lachen, Switzerland, joint signature of two, Registered
since: 23.07.2012
Member with
signing authority Alexander Stampfer, Origin: Germany, Residential address: Ingoldstadt, Germany, joint signature of two, Registered
since: 11.10.2012
Member with
signing authority Thomas Stäubli, Origin: Magden,
Switzerland, Residential address: Magden,
Switzerland, joint signature of two, Registered since: 19.08.2011
Member with
signing authority Werner Strasser, Origin: Nussbaumen, Winterthur, Switzerland, Residential address: Steckborn, Switzerland, joint signature of two
Member with
signing authority Reto
Thom, Origin: Susch, Switzerland, Residential
address: Seuzach, Switzerland, born: 04.01.1959,
joint signature of two
Member with
signing authority Andrea Zweifel, Origin: Glarus Süd, Switzerland, Residential address: Dübendorf/ZH,
Switzerland, joint signature of two, Registered since: 20.03.2012
Member with procuration Nicole
Balhuber, Origin: Zürich,
Switzerland, Residential address: 8000 Zürich/ZH,
Switzerland, joint power of attorney of two, Registered since: 14.02.2011
Member with procuration Marco
Beutler, Origin: Altstätten,
Switzerland, Residential address: Kilchberg /ZH,
Switzerland, joint power of attorney of two, Registered since: 11.09.2009
Member with procuration Antonina Di Mario, Origin: Winterthur, Switzerland, Residential address: 8400 Winterthur/ZH, Switzerland, joint power of attorney of two,
Registered since: 11.09.2009
Member with procuration Juan
Gonzalez, Origin: Spain, Residential address: Dägerlen,
Switzerland, joint power of attorney of two, Registered since: 30.11.2010
Member with procuration Susanne
Gygax, Origin: Thunstetten,
Switzerland, Residential address: 8500 Frauenfeld/TG,
Switzerland, joint power of attorney of two, Registered since: 14.02.2011
Member with procuration Rudolf
Härdi, Origin: Schlossrued,
Switzerland, Residential address: 5616 Meisterschwanden/AG,
Switzerland, joint power of attorney of two, Registered since: 02.12.2009
Member with procuration Nanette
Susanne Haubensak, Origin: Germany, Residential address:
8001 Zürich/ZH, Switzerland, joint power of attorney
of two, Registered since: 14.07.2010
Member with procuration Marc
Heim, Origin: Thun, Switzerland, Residential address:
Nürensdorf, Switzerland, joint power of attorney of
two, Registered since: 30.11.2010
Member with procuration Björn Gunnar Johansson, Origin:
Sweden, Residential address: 8400 Winterthur/ZH,
Switzerland, joint power of attorney of two, Registered since: 30.11.2010
Member with procuration Carsten Liske, Origin: Germany,
Residential address: Freienbach , Switzerland, joint
power of attorney of two, Registered since: 22.10.2009
Member with procuration Roger
Lörtscher, Origin: Oberwil im Simmental, Switzerland, Residential address: Elgg, Switzerland, joint power of attorney of two, Registered
since: 29.01.2009
Member with procuration Kurt
Lüttinger, Origin: Winterthur,
Switzerland, Residential address: 8400 Winterthur/ZH,
Switzerland, joint power of attorney of two, Registered since: 24.03.2010
Member with procuration Peter
Müller, Origin: Rohrbach,
Switzerland, Residential address: 8400 Winterthur/ZH,
Switzerland, joint power of attorney of two
Member with procuration Felix
Scherrer, Origin: Zürich,
Switzerland, Residential address: Zumikon,
Switzerland, joint power of attorney of two, Registered since: 29.08.2011
Member with procuration Heinz
Schmid, Origin: Waltalingen,
Switzerland, Residential address: Wil/SG,
Switzerland, joint power of attorney of two, Registered since: 29.01.2009
Member with procuration Peter
Schulz, Origin: Germany, Residential address: Maxhütte-Haidhof,
Germany, joint power of attorney of two, Registered since: 02.12.2009
Member with procuration Reto Starkenmann, Origin: Winterthur, Switzerland, Residential address: 8478 Thalheim an der Thur/ZH, Switzerland, joint power of attorney of two,
Registered since: 14.02.2011
Member with procuration Gerlad Steiner, Origin: Sursee,
Switzerland, Residential address: 8302 Kloten/ZH,
Switzerland, joint power of attorney of two, Registered since: 24.03.2010
Member with procuration Matthias
Stüssi, Origin: Niederurnen,
Switzerland, Residential address: 8451 Kleinandelfingen/ZH,
Switzerland, joint power of attorney of two, Registered since: 02.02.2010
Member with procuration Arne
Thielemann, Origin: Germany, Residential address: Lengwil, Switzerland, joint power of attorney of two
Member with procuration Urs Tschanz, Origin: Wichtrach, Switzerland, Residential address: 8239 Dörflingen/SH, Switzerland, joint power of attorney of two,
Registered since: 28.06.2011
Member with procuration Pascal
von Gunten, Origin: Sigriswil,
Switzerland, Residential address: 9000 St. Gallen/SG,
Switzerland, joint power of attorney of two, Registered since: 10.08.2010
Member with procuration Christoph Wäger, Origin: Adliswil, Switzerland, Residential address: 9100 Herisau/AR, Switzerland, joint power of attorney of two,
Registered since: 28.06.2011
Member with procuration Edda Walraf, Origin: Oberhelfenschwil, Switzerland, Residential address: Pfäffikon/ZH, Switzerland, joint power of attorney of two
Member with procuration Cafer Tayyar Yörüker,
Origin: Winterthur, Switzerland, Residential address:
8602 Wangen-Brüttisellen/ZH, Switzerland, joint power
of attorney of two, Registered since: 31.03.2010
Member with procuration Andreas
Zanini, Origin: Sarmenstorf,
Switzerland, Residential address: Embrach,
Switzerland, joint power of attorney of two
Member with procuration Rolf
Zimmermann, Origin: Elsau, Switzerland, Residential
address: Schwerzenbach, Switzerland, joint power of
attorney of two, Registered since: 29.01.2009
Title Name
Auditor PricewaterhouseCoopers
AG, Residential address: Zürich, Switzerland, Id:
CH-020.3.020.876-5
Title Name
Chief Executive Officer Peter
Gnägi
Chief Financial Officer Peter
Müller
Chief Marketing Officer Edda Walraf
Consolidation : consolidated
Industry :
Trade/Industry
Fiscal year end: 31.12.2012 31.12.2011 31.12.2010 31.12.2009 31.12.2008
Number of months: 12 12 12 12 12
Currency: th. CHF th. CHF th. CHF th. CHF th. CHF
Statement norm: IAS IAS IAS IAS IAS
Balance Sheet
Intangible
fixed assets 20,100.0 9,500.0 15,200.0 23,000.0 30,200.0
Land
and buildings 133,200.0 118,600.0 232,400.0 264,100.0 290,500.0
Other
tangible fixed assets 125,100.0 109,000.0 373,700.0 431,900.0 495,800.0
Tangible
fixed assets 258,300.0 227,600.0 606,100.0 696,000.0 786,300.0
Financial
fixed assets 2,700.0 78,400.0 175,600.0 164,000.0 107,900.0
other
fixed assets 75,200.0 6,500.0 5,300.0 3,500.0 4,900.0
Fixed
assets 356,300.0 322,000.0 802,200.0 886,500.0 929,300.0
Stocks 229,300.0 234,800.0 328,400.0 266,000.0 361,300.0
Trade
accounts receivable 91,100.0 84,100.0 381,500.0 331,500.0 382,100.0
Liquid
assets 342,600.0 408,300.0 351,900.0 217,700.0 282,600.0
Securities 9,300.0 7,300.0 7,100.0 13,000.0 7,700.0
other
trade accounts 36,900.0 49,200.0 86,200.0 92,400.0 125,900.0
Accruals 4,600.0 5,700.0 11,800.0 7,000.0 0.0
Other
current assets 393,400.0 470,500.0 457,000.0 330,100.0 416,200.0
Current
assets 713,800.0 789,400.0 1,166,900.0 927,600.0 1,159,600.0
Total
assets 1,070,100.0 1,111,400.0 1,969,100.0 1,814,100.0 2,088,900.0
Capital 23,400.0 23,400.0 23,400.0 23,400.0 21,400.0
Other
shareholders funds 348,400.0 355,900.0 533,500.0 563,800.0 668,500.0
Total
shareholders equity 371,800.0 379,300.0 556,900.0 587,200.0 689,900.0
Minority
interests 5,000.0 8,400.0 70,700.0 68,600.0 56,300.0
long
term debt (financial debts) 249,600.0 253,500.0 296,300.0 140,700.0 128,800.0
Provisions 104,700.0 104,300.0 180,700.0 182,200.0 226,800.0
Other
non current liabilities 32,400.0 42,300.0 80,100.0 76,400.0 63,300.0
Non
current liabilities 386,700.0 400,100.0 557,100.0 399,300.0 418,900.0
short
term debt (financial debts) 6,700.0 3,100.0 66,200.0 81,700.0 198,300.0
Trade
accounts payable 97,300.0 176,200.0 426,700.0 226,800.0 268,500.0
Provisions 37,800.0 38,600.0 89,000.0 174,300.0 153,700.0
Accruals 53,900.0 64,100.0 104,300.0 115,700.0 113,700.0
other
accounts payable 110,900.0 41,600.0 98,200.0 160,500.0 189,600.0
other
current liabilities 202,600.0 144,300.0 291,500.0 450,500.0 457,000.0
Current
liabilities 306,600.0 323,600.0 784,400.0 759,000.0 923,800.0
Shareh. equity, min. interests + liabilities 1,070,100.0 1,111,400.0 1,969,100.0 1,814,100.0 2,088,900.0
Profit and loss
account
Sales 1,060,800.0 2,585,800.0 1,956,300.0 3,142,500.0
Reduction
of proceeds 60,100.0 96,400.0 73,600.0 130,600.0
Net
sales 888,500.0 1,000,700.0 2,489,400.0 1,882,700.0 3,011,900.0
Other
operating revenue 36,900.0 70,600.0 66,100.0 -36,200.0 -40,200.0
Operating
revenue 925,400.0 1,071,300.0 2,555,500.0 1,846,500.0 2,971,700.0
Cost
of goods sold 412,100.0 497,800.0 1,213,200.0 885,100.0 1,440,800.0
Gross
profit 513,300.0 573,500.0 1,342,300.0 961,400.0 1,530,900.0
Other
operating expenses 479,700.0 460,900.0 1,244,300.0 1,148,000.0 1,843,000.0
Operating
result 33,600.0 112,600.0 98,000.0 -186,600.0 -312,100.0
Interest
revenues 1,800.0 6,900.0 2,800.0 4,000.0 9,500.0
other
financial revenues 18,400.0 52,300.0 800.0 700.0 500.0
Financial
income 20,200.0 59,200.0 3,600.0 4,700.0 10,000.0
Interest
expenses 15,400.0 17,100.0 29,400.0 27,600.0 21,100.0
other
financial expenses 3,300.0 16,700.0 5,400.0 2,000.0 53,600.0
Financial
expenses 18,700.0 33,800.0 34,800.0 29,600.0 74,700.0
Financial
result 1,500.0 25,400.0 -31,200.0 -24,900.0 -64,700.0
Result
before extraordinary items 35,100.0 138,000.0 66,800.0 -211,500.0 -376,800.0
Extraordinary
income 151,000.0
Extraordinary
Result 0.0 151,000.0 0.0 0.0 0.0
Result
before taxes 35,100.0 289,000.0 66,800.0 -211,500.0 -376,800.0
Taxes 8,600.0 19,000.0 25,200.0 6,000.0 19,900.0
Result
before minority interests 26,500.0 270,000.0 41,600.0 -217,500.0 -396,700.0
minority
interests -3,000.0 2,800.0 15,100.0 6,400.0 9,200.0
Result
for the financial year 29,500.0 267,200.0 26,500.0 -223,900.0 -405,900.0
Cash flow
Depreciation 33,200.0 33,900.0 124,800.0 140,900.0 259,500.0
Cash
flow 59,700.0 303,900.0 166,400.0 -76,600.0 -137,200.0
Cash
flow from operating activities 9,300.0 10,100.0 106,100.0 -1,600.0 57,200.0
Investments
in tangible fixed assets 81,600.0 57,300.0 98,200.0 61,700.0 140,900.0
Cash
flow from investing activities -41,600.0 -21,500.0 -92,500.0 -33,200.0 -35,800.0
Cash
flow from financing activities -31,800.0 71,200.0 129,300.0 -27,800.0 8,800.0
Others -1,600.0 -3,400.0 -8,700.0 -2,300.0 -5,100.0
Change
in liquidity -65,700.0 56,400.0 134,200.0 -64,900.0 25,100.0
Liquidity
at beginning of the year 408,300.0 351,900.0 217,700.0 282,600.0 257,500.0
Liquidity
at end ot the year 342,600.0 408,300.0 351,900.0 217,700.0 282,600.0
Notes
Material
costs 412,100.0 497,800.0 1,213,200.0 885,100.0 1,440,800.0
Cost
of employees 278,900.0 302,300.0 764,700.0 693,000.0 938,200.0
Research
and Development 42,700.0 39,500.0 93,900.0 98,700.0 122,300.0
Orders
received 839,700.0 958,300.0 3,170,000.0 1,935,100.0 2,561,600.0
Added
value 362,600.0 642,300.0 985,700.0 650,000.0 842,000.0
Working
Capital 223,100.0 142,700.0 283,200.0 370,700.0 474,900.0
Sales
per Employee 250.8 213.1 194.4 147.5 212.4
Market
capitalisation 736,700.0 653,200.0 1,565,800.0 1,084,500.0 650,900.0
Gross
cost land and buildings 270,000.0 257,000.0 495,600.0 543,700.0 566,400.0
Gross
cost other tangible fixed assets 472,700.0 473,000.0 1,541,300.0 1,774,200.0 1,764,100.0
Gross
cost total 742,700.0 730,000.0 2,036,900.0 2,317,900.0 2,330,500.0
Insurance
value land and buildings 540,900.0 539,800.0 1,024,200.0 1,353,400.0 1,337,900.0
Employees at year end 3,542 4,695 12,804 12,761 14,183
Employees
inland 1,536 1,660 1,750
Employees
abroad 11,268 11,101 12,433
Ultimate Parent
Company
Name : Rieter Holding AG
City/Country : Winterthur/ZH, Switzerland/CH
Owner/-s
No. of Owner/-s: 1
Owner : The company
is domestic owned.
Class : 100%
Type : indirect,
Group-Level 1
Name : Rieter Holding AG
City/Country : Winterthur/ZH, Switzerland/CH
Interest : 100,00%
voting right, 100,00% capital interest
Investments
It is believed that the company has no investments.
Control date Year No. Amount CHF Status
17.10.2013 2013 1 87.-- Legal actions
17.10.2013 2012 0
17.10.2013 2011 0
17.10.2013 2010 1 4,740.-- Legal actions
17.10.2013 2009 1 59,597.-- Legal actions
17.10.2013 2008 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 good.
Payment experiences : Financial
obligations are paid promptly.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.69 |
|
|
1 |
Rs.102.97 |
|
Euro |
1 |
Rs.84.58 |
INFORMATION DETAILS
|
Report Prepared by
: |
NNA |
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.