|
Report Date : |
26.02.2014 |
IDENTIFICATION DETAILS
|
Name : |
ZALANDO AG |
|
|
|
|
Registered Office : |
Sonnenburger Str. 73, D 10437 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
26.02.2008 |
|
|
|
|
Com. Reg. No.: |
HRB 154823 B |
|
|
|
|
Legal Form : |
Public limited company |
|
|
|
|
Line of Business : |
·
Manufacture
of other wearing apparel and accessories ·
Retail sale via
mail-order houses or Internet of textiles, clothing, footwear and leather
goods ·
Manufacture
of footwear |
|
|
|
|
No. of Employees : |
1,000 |
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 : |
Slow but correct |
|
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) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
GERMANY - ECONOMIC OVERVIEW
The German economy - the fifth largest economy in the world in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force. Like its Western European neighbors, Germany faces significant demographic challenges to sustained long-term growth. Low fertility rates and declining net immigration are increasing pressure on the country's social welfare system and necessitate structural reforms. Reforms launched by the government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to address chronically high unemployment and low average growth, contributed to strong growth in 2006 and 2007 and falling unemployment. These advances, as well as a government subsidized, reduced working hour scheme, help explain the relatively modest increase in unemployment during the 2008-09 recession - the deepest since World War II - and its decrease to 6.5% in 2012. GDP contracted 5.1% in 2009 but grew by 4.2% in 2010, and 3.0% in 2011, before dipping to 0.7% in 2012 - a reflection of low investment spending due to crisis-induced uncertainty and the decreased demand for German exports from recession-stricken periphery countries. Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's total budget deficit - including federal, state, and municipal - to 4.1% in 2010, but slower spending and higher tax revenues reduced the deficit to 0.8% in 2011. In 2012 Germany reached a budget surplus of 0.1%. A constitutional amendment approved in 2009 limits the federal government to structural deficits of no more than 0.35% of GDP per annum as of 2016 though the target was already reached in 2012. By 2014, the federal government wants to balance its budget. Following the March 2011 Fukushima nuclear disaster, Chancellor Angela Merkel announced in May 2011 that eight of the country's 17 nuclear reactors would be shut down immediately and the remaining plants would close by 2022. Germany hopes to replace nuclear power with renewable energy. Before the shutdown of the eight reactors, Germany relied on nuclear power for 23% of its electricity generating capacity and 46% of its base-load electricity production.
|
Source
: CIA |
ZALANDO AG
Company Status: active
Sonnenburger Str. 73
D 10437 Berlin
Telephone:0800/2401020
Telefax: 030/27594693
Homepage:
www.zalando.de
E-mail:
service@zalando.de
Trade name: EMEZA Modern Luxury Online
VAT no.: DE260543043
Tax ID number: 37/125/21423
Sonnenburger Str. 73, Berlin 10437
Berlin
Business relations are permissible.
LEGAL FORM Public
limited company
Date of foundation: 26.02.2008
Begin of business
activities: 10.2008
Registered on: 12.12.2013
Commercial Register: Local court 14057 Berlin
under: HRB
154823 B
Share
capital: EUR 117,789.00
Shareholder:
Kinnevik Internet 1 AB
Bolagsverket 556884-6470
S 10313 Stockholm
Legal form: Other legal
form
Share: 37.000 %
Member of
the Board of Directors:
David Schneider
Fürstenberger Str. 12
D 10435 Berlin
authorized to jointly
represent the company
born: 29.07.1982
Profession: Businessman
Marital status: unknown
Member of
the Board of Directors:
Robert Gentz
Leipziger Str. 103
D 10117 Berlin
authorized to jointly
represent the company
born: 24.09.1983
Profession: Businessman
Marital status: unknown
Member of
the Board of Directors:
Rubin Ritter
Anklamer Str. 28
D 10115 Berlin
authorized to jointly
represent the company
born: 25.01.1982
Profession: Businessman
Marital status: unknown
President of
the Supervisory Board:
Mia Brunell Livfors
S Älvsjö
Nationality: Swedish
Vice-president of the Supervisory Board:
Lorenzo Grabau
GB London
Nationality: British
Member of
the Supervisory Board:
Lothar Lanz
Axel-Springer-Str. 65
geschäftsansässig
D 10969 Berlin
born: 01.10.1948 in
Bihlafingen
Marital status: married
Member of
the Supervisory Board:
Martin Weber
Oberföhringer Str. 157a
D 81925 München
born: 11.05.1965
Member of
the Supervisory Board:
Mikael Larsson
S - Lidingö
born: 07.01.1968
Member of
the Supervisory Board:
Alexander Samwer
D 82541 Münsing
born: 31.01.1975 in Köln
Profession: Economist
Property regime:
Statutory matrimonial
property regime
Marital status: married
Member of
the Supervisory Board:
Anders Holch Povlsen
Storkowej 20
Orhslev
DK 8260 Viby J.
born: 04.11.1972
Profession: Businessman
Nationality: danish
Proxy:
Dr. Jan Kemper
Möckernstr. 66
D 10965 Berlin
authorized to jointly
represent the company
born: 14.03.1980
Marital status: unknown
Proxy:
Philipp Erler
Fröbelstr. 12c
D 10405 Berlin
authorized to jointly
represent the company
born: 17.03.1983
Proxy:
Jerome Cochet
D 10437 Berlin
authorized to jointly
represent the company
born: 13.05.1978
Proxy:
Dr. Moritz Hahn
D 10437 Berlin
authorized to jointly represent the
company
born: 22.01.1979
Proxy:
Christoph Lange
D 10437 Berlin
authorized to jointly
represent the company
born: 05.10.1984
Proxy:
Dr. Michael Menz
D 10437 Berlin
authorized to jointly
represent the company
born: 05.01.1975
Further
functions/participations of David Schneider (Member of the Board of Directors)
Limited
partner:
La Plata Real Estate GmbH
& Co. KG
Am Schweizer Garten 78
D 10407 Berlin
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 1,000.00
contribution:
Share: EUR 1,000.00
Registered
on: 04.11.2013
Reg. data: 14057 Berlin, HRA 48809 B
Limited
partner:
Maronen Grundstücks GmbH
& Co. KG
Am Schweizer Garten 78
D 10407 Berlin
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 2,000.00
contribution:
Share: EUR 1,000.00
Registered
on: 02.12.2013
Reg. data: 14057 Berlin, HRA 48925 B
Shareholder:
La Plata GmbH
Willy-Brandt-Platz 2
D 12529 Schönefeld
Legal form: Private
limited company
Share capital: EUR 26,000.00
Share: EUR 26,000.00
Registered
on: 29.01.2013
Reg. data: 03044 Cottbus, HRB 10922 CB
Manager:
zOutlet Berlin GmbH
Köpenicker Str. 20
D 10997 Berlin
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered
on: 14.10.2013
Reg. data:
14057 Berlin, HRB 153374 B
Manager:
zOutlet Frankfurt GmbH
Leipziger Str. 41-43
D 60487 Frankfurt
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 16.10.2013
Reg. data: 60313 Frankfurt, HRB 97686
Manager:
Kiomi GmbH
Sonnenburger Str. 73
D 10437 Berlin
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 17.12.2012
Reg. data: 14057 Berlin, HRB 146657 B
Manager:
aptus 858. GmbH
Am Schweizer Garten 78
D 10407 Berlin
Legal form: Private
limited company
Share
capital: EUR 25,000.00
Registered
on: 16.10.2013
Reg. data: 14057 Berlin, HRB 153428 B
Manager:
zLabels GmbH
Neue Bahnhofstr.
11-17
D 10245 Berlin
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 06.01.2010
Reg. data: 14057 Berlin, HRB 123975 B
Manager:
La Plata GmbH
Willy-Brandt-Platz 2
D 12529 Schönefeld
Legal form: Private limited
company
Share capital: EUR 26,000.00
Registered
on: 29.01.2013
Reg. data: 03044 Cottbus, HRB 10922 CB
Liquidator:
MyBrands GmbH
Sonnenburger Str. 73
D 10437 Berlin
Legal form: Private
limited company in
liquidation
Share capital: EUR 46,400.00
Registered
on: 13.01.2009
Reg. data: 14057 Berlin, HRB 117226 B
Liquidator:
Unibicate GmbH
Monbijouplatz 3a
D 10178 Berlin
Legal form: Private
limited company
dissolved by
official decree
Share capital: EUR 42,000.00
Registered
on: 07.08.2007
Reg. data: 14057 Berlin, HRB 108806 B
Further
functions/participations of Robert Gentz (Member of the Board of Directors)
Limited
partner:
Maronen Grundstücks GmbH
& Co. KG
Am Schweizer
Garten 78
D 10407 Berlin
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 2,000.00
contribution:
Share: EUR 1,000.00
Registered
on: 02.12.2013
Reg. data: 14057 Berlin, HRA 48925 B
Limited
partner:
Manoa Real Estate GmbH
& Co. KG
Auguststr. 62
D 10117 Berlin
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 1,000.00
contribution:
Share: EUR 1,000.00
Registered
on: 01.07.2013
Reg. data: 14057 Berlin, HRA 48344 B
Shareholder:
Celeus GmbH
Willy-Brandt-Platz 2
D 12529 Schönefeld
Legal form: Private
limited company
Share capital: EUR 26,000.00
Share: EUR 26,000.00
Registered
on: 29.01.2013
Reg. data: 03044 Cottbus, HRB 10921 CB
Shareholder:
GeRo Fashion Commerce UG
(haftungsbeschränkt)
Sonnenburger Str. 73 c/o
Zalando GmbH
D 10437 Berlin
Legal form: Entrepreneur Company
(limited
liability)
Share capital: EUR 1.00
Share: EUR 1.00
Registered
on: 19.10.2010
Reg. data: 14057 Berlin, HRB 129735 B
Manager:
Manoa Real Estate
Verwaltungs GmbH
Auguststr. 62
D 10117 Berlin
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 29.05.2013
Reg. data: 14057 Berlin, HRB 150183 B
Manager:
Bambino 49. V V UG
(haftungsbeschränkt)
Johannisstr. 20
D 10117 Berlin
Legal form: Entrepreneur
Company (limited
liability)
Share capital: EUR 500.00
Registered
on: 17.05.2010
Reg. data: 14057 Berlin, HRB 126721 B
Manager:
zLabels GmbH
Neue Bahnhofstr. 11-17
D 10245 Berlin
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 06.01.2010
Reg. data: 14057 Berlin, HRB 123975 B
Manager:
Celeus GmbH
Willy-Brandt-Platz 2
D 12529 Schönefeld
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered
on: 29.01.2013
Reg. data: 03044 Cottbus, HRB 10921 CB
Manager:
GeRo Fashion
Commerce UG
(haftungsbeschränkt)
Sonnenburger Str. 73 c/o
Zalando GmbH
D 10437 Berlin
Legal form: Entrepreneur
Company (limited
liability)
Share capital: EUR 1.00
Registered
on: 19.10.2010
Reg. data: 14057 Berlin, HRB 129735 B
Manager:
Manoa Ventures GmbH
Willy-Brandt-Platz 2
D 12529 Schönefeld
Legal form: Private
limited company
Share capital: EUR
25,000.00
Registered
on: 29.10.2013
Reg. data: 03044 Cottbus, HRB 11310 CB
Manager:
Zalando Lounge Service
GmbH
Am Treptower Park 28-30
Schuckert-Höfe
D 12435 Berlin
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 14.10.2013
Reg. data: 14057 Berlin, HRB 153385 B
Liquidator:
MyBrands GmbH
Sonnenburger Str. 73
D 10437 Berlin
Legal form: Private limited company in
liquidation
Share capital: EUR 46,400.00
Registered
on: 13.01.2009
Reg. data: 14057 Berlin, HRB 117226 B
Liquidator:
Unibicate GmbH
Monbijouplatz 3a
D 10178 Berlin
Legal form: Private
limited company
dissolved by
official decree
Share capital: EUR 42,000.00
Registered
on: 07.08.2007
Reg. data: 14057 Berlin, HRB 108806 B
Further functions/participations
of Rubin Ritter (Member of the Board of Directors)
Manager:
Zalando Lounge Service
GmbH
Am Treptower Park 28-30
Schuckert-Höfe
D 12435 Berlin
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 14.10.2013
Reg. data: 14057 Berlin, HRB 153385 B
Proxy:
zLabels GmbH
Neue Bahnhofstr. 11-17
D 10245 Berlin
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 06.01.2010
Reg. data: 14057 Berlin, HRB 123975 B
12.03.2008 - 03.07.2008 Blitz B08-713 GmbH
Torstr. 138
D 10119 Berlin
Private limited company
03.07.2008 - 11.09.2008 ifansho
GmbH
Saarbrücker Str. 21-22
D 10405 Berlin
Private limited company
11.09.2008 - 11.02.2009 ifansho
GmbH
Torstr. 218
D 10115 Berlin
Private limited company
11.02.2009 - 13.08.2009 Zalando
GmbH
Torstr. 218
D 10115 Berlin
Private limited company
13.08.2009 - 16.07.2010 Zalando
GmbH
Zinnowitzer Str. 1
D 10115 Berlin
Private limited company
17.07.2010 - 12.12.2013 Zalando GmbH
Sonnenburger Str. 73
D 10437 Berlin
Private limited company
Sectors
14190
Manufacture of other wearing apparel and accessories n.e.c.
15200
Manufacture of footwear
47911
Retail sale via mail-order houses or Internet of textiles, clothing,
footwear and leather goods
52299
Service activities incidental to transportation n.e.c.
Works:
Zalando AG
Löwenstr. 11a
D 44135 Dortmund
Works:
Zalando AG
Neue Bahnhofstr. 11-17
D 10245 Berlin
Works:
Zalando AG
Brandenburgische Str.
51-52
D 14974 Ludwigsfelde
Works:
Zalando AG
Mollstr. 1
D 10178 Berlin
Branch:
Zalando AG
Am Treptower Park 28-30
D 12435 Berlin
TEL.: 0800/2402222
FAX.: 030/27594693
Branch:
Zalando AG
Köpenicker Str. 18-20
D 10997 Berlin
General
partner:
Portokali Property
Development III AG & Co.
KG
Sonnenburger
Str. 73
D 10437 Berlin
Legal form: Limited
partnership with public
limited
company as gen. part
Company Status: active
Total cap. EUR 1.00
contribution:
Reg. data: 23.04.2013
Local court
14057 Berlin
HRA 48081 B
General
partner:
Portokali Property
Development I AG & Co. KG
Sonnenburger Str. 73
D 10437 Berlin
Legal form: Limited
partnership with public
limited company as gen. part
Company Status: active
Total cap. EUR 1.00
contribution:
Reg. data: 23.04.2013
Local court 14057 Berlin
HRA 48082 B
General
partner:
Portokali Property
Development II AG & Co.
KG
Sonnenburger Str. 73
D 10437 Berlin
Legal form: Limited
partnership with public
limited
company as gen. part
Company Status: active
Total cap. EUR 1.00
contribution:
Reg. data: 23.04.2013
Local court
14057 Berlin
HRA 48085 B
Limited
partner:
Zalando Logistics
Mönchengladbach GmbH & Co.
KG
Regioparkring 25
D 41199 Mönchengladbach
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status:
active
Total cap. EUR 100.00
contribution:
Share: EUR 100.00
Reg. data: 08.07.2013
Local court
41061
Mönchengladbach
HRA 7069
Limited
partner:
Zalando Logistics GmbH
& Co. KG
Havellandstr. 6
D 14656 Brieselang
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 100.00
contribution:
Share: EUR 100.00
Reg. data: 02.04.2012
Local court
14467 Potsdam
HRA 5572 P
Limited
partner:
Zalando Customer Service
DACH GmbH & Co. KG
Johannisstr. 20
D 10117 Berlin
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Company Status: active
Total cap. EUR 100.00
contribution:
Share: EUR 100.00
Reg. data: 11.11.2010
Local court
14057 Berlin
HRA 44526 B
Limited
partner:
Zalando Content Creation
GmbH & Co. KG
In der Hochstedter Ecke 2
D 99098 Erfurt
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 100.00
contribution:
Share: EUR 100.00
Reg. data: 19.09.2012
Local court
07745 Jena
HRA 502800
Limited
partner:
MyBrands Zalando eStyles
GmbH & Co. KG
Am Treptower Park 28-30
Schuckert-Höfe
D 12435 Berlin
Legal form: Ltd partnership with priv.
ltd.
company as
general partner
Company Status: active
Total cap. EUR 100.00
contribution:
Share: EUR 100.00
Reg. data: 25.04.2013
Local court
14057 Berlin
HRA 48097 B
Limited
partner:
Zalando Customer Service International
GmbH
& Co. KG
Reinhardtstr. 23
D 10117 Berlin
Legal form: Ltd
partnership with priv. ltd.
company as general partner
Company Status: active
Total cap. EUR 100.00
contribution:
Share: EUR 100.00
Reg. data: 16.08.2013
Local court
14057 Berlin
HRA 48546 B
Shareholder:
zOutlet Berlin GmbH
Köpenicker Str. 20
D 10997 Berlin
Legal form: Private
limited company
Company Status: active
Share capital: EUR 26,000.00
Share: EUR 26,000.00
Reg. data: 14.10.2013
Local court
14057 Berlin
HRB 153374 B
Shareholder:
zOutlet Frankfurt GmbH
Leipziger Str. 41-43
D 60487 Frankfurt
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 16.10.2013
Local court
60313 Frankfurt
HRB 97686
Shareholder:
zLabels GmbH
Neue Bahnhofstr. 11-17
D 10245 Berlin
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 06.01.2010
Local court
14057 Berlin
HRB 123975 B
Shareholder:
Zalando Operations GmbH
Mollstr. 1
D 10178 Berlin
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 04.08.2010
Local court
14057 Berlin
HRB 128299 B
Shareholder:
Kiomi GmbH
Sonnenburger Str. 73
D 10437 Berlin
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 17.12.2012
Local court
14057 Berlin
HRB 146657 B
Shareholder:
Zalando Lounge Service
GmbH
Am Treptower Park 28-30
Schuckert-Höfe
D 12435 Berlin
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 14.10.2013
Local court
14057 Berlin
HRB 153385 B
Payment experience: within periods customary in
this trade
Negative information: We have no negative information at hand.
Balance sheet year: 2011
Type of ownership: Tenant
Address Sonnenburger
Str. 73
D 10437 Berlin
Land register documents were not available.
Principal bank
DEUTSCHE BANK, 24011 KIEL
Sort. code: 21070020
BIC: DEUTDEHH210, IBAN: DE86210700200123010101
Turnover: 2012 EUR 1,150,000,000.00
2013
EUR 1,200,000,000.00
further business figures:
Equipment: EUR 2,783,342.00
Ac/ts receivable: EUR 41,401,513.00
Liabilities: EUR 122,882,720.00
Employees:
1,000
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity
ratio [%]: 40.19
Liquidity ratio: 2.48
Return on total capital [%]: -20.54
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 35.02
Liquidity ratio: 1.46
Return
on total capital [%]: -19.78
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 88.73
Liquidity ratio: 10.00
Return on total capital [%]: -6.41
Balance sheet ratios 26.02.2008 - 31.12.2008
Equity ratio [%]: 70.70
Liquidity ratio: 10.00
Return on total capital [%]: -62.32
Equity ratio
The equity ratio indicates the portion of the
equity as compared
to the total capital. The higher the equity ratio,
the better the
economic stability (solvency) and thus the
financial autonomy of
a company.
Liquidity ratio
The liquidity ratio shows the proportion
between adjusted
receivables and net liabilities. The higher
the ratio, the lower
the
company's financial dependancy from external creditors.
Return on
total capital
The return on total capital shows the
efficiency and return on
the total capital employed in the company. The
higher the return
on total capital, the more economically does
the company work
with the invested capital.
Type of
balance sheet: Company
balance sheet
Financial
year: 01.01.2011 - 31.12.2011
ASSETS EUR 275,169,426.29
Fixed assets EUR 17,018,437.60
Intangible assets
EUR 3,797,801.00
Internally generated industrial
property rights and similar rights
and assets
EUR 2,068,328.00
Concessions, licences, rights
EUR 1,729,473.00
Tangible assets
EUR 2,783,341.77
Other tangible assets / fixtures and
fittings
EUR 2,783,341.77
Financial assets EUR 10,437,294.83
Shares in participations /
subsidiaries and the like
EUR 10,437,294.83
Shares in related companies
EUR 10,437,294.83
Current assets
EUR 257,656,524.76
Stocks
EUR 110,075,758.83
Finished goods / work in progress
EUR 108,998,006.01
Advance payments made
EUR 1,077,752.82
Accounts receivable EUR
41,401,512.60
Amounts due from shareholders
EUR 11.65
Trade debtors
EUR 33,081,343.11
Amounts due from related companies
EUR 3,363,298.41
Other debtors and assets
EUR 4,956,859.43
Liquid means
EUR 106,179,253.33
Remaining other assets
EUR 494,463.93
Accruals (assets)
EUR 494,463.93
LIABILITIES EUR 275,169,426.29
Shareholders' equity
EUR 110,580,194.80
Capital
EUR 93,248.00
Subscribed capital (share capital)
EUR 93,248.00
Reserves
EUR 189,184,270.04
Capital reserves
EUR 189,184,270.04
Balance sheet profit/loss (+/-)
EUR -78,697,323.24
Profit / loss brought forward
EUR -22,181,724.46
Annual surplus / annual deficit
EUR -56,515,598.78
Provisions
EUR 41,706,511.97
Other / unspecified provisions
EUR 41,706,511.97
Liabilities
EUR 122,882,719.52
Other liabilities
EUR 122,882,719.52
Trade creditors (for IAS incl. bills
of exchange)
EUR 97,088,879.10
Liabilities from received advance
payments EUR 1,381,004.96
Liabilities due to shareholders
EUR 0.00
Liabililties due to related companiesEUR 10,664,086.94
Unspecified other liabilities
EUR 13,748,748.52
thereof liabilities from tax /
financial authorities
EUR 10,399,866.31
thereof liabilities from social
security
EUR 0.00
PROFIT AND
LOSS ACCOUNT (cost of sales method) according to Comm. Code (HGB)
Sales
EUR 509,857,640.23
Manufacturing costs
EUR 268,672,049.25
Gross result on sales
EUR 241,185,590.98
Other operating income EUR 3,040,514.48
Other operating expenses
EUR 300,333,170.19
Operating result from continuing
operations
EUR -56,107,064.73
Result from participating interests
(+/-) EUR 203,858.96
Expenses / income from participations EUR 203,858.96
Income from related companies
EUR 203,858.96
Interest result (+/-)
EUR -612,188.11
Interest and similar income
EUR 527,601.87
thereof from related companies
EUR 1,986.55
Interest and similar expenses
EUR 1,139,789.98
Financial result (+/-)
EUR -408,329.15
Result from ordinary operations (+/-)
EUR -56,515,393.88
Other taxes / refund of taxes
EUR -204.90
Tax (+/-)
EUR -204.90
Annual surplus / annual deficit
EUR -56,515,598.78
Type of
balance sheet: Company
balance sheet
Financial
year: 01.01.2010 - 31.12.2010
ASSETS EUR 103,649,880.81
Fixed assets
EUR 2,578,366.92
Intangible assets
EUR 1,247,000.00
Other / unspecified intangible assetsEUR 1,247,000.00
Tangible assets
EUR 932,366.92
Other / unspecified tangible assets
EUR 932,366.92
Financial assets
EUR 399,000.00
Other / unspecified financial assets EUR 399,000.00
Current assets
EUR 101,023,189.53
Stocks EUR 41,826,408.79
Accounts receivable
EUR 25,031,215.88
Other debtors and assets
EUR 25,031,215.88
Liquid means
EUR 34,165,564.86
Remaining other assets
EUR 48,324.36
Accruals (assets)
EUR 48,324.36
LIABILITIES EUR 103,649,880.81
Shareholders' equity
EUR 36,702,314.58
Capital
EUR 82,760.00
Subscribed capital (share capital)
EUR 82,760.00
Reserves
EUR 58,801,279.04
Capital reserves
EUR 58,801,279.04
Balance sheet profit/loss (+/-)
EUR -22,181,724.46
Profit / loss brought forward
EUR -1,799,092.86
Annual surplus / annual deficit
EUR -20,382,631.60
Provisions
EUR 15,650,013.26
Liabilities
EUR 51,297,552.97
Other liabilities
EUR 51,297,552.97
Unspecified other liabilities
EUR 51,297,552.97
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.98 |
|
|
1 |
Rs.103.31 |
|
Euro |
1 |
Rs.85.14 |
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.