|
Report Date : |
14.01.2014 |
IDENTIFICATION DETAILS
|
Name : |
3D CHEMOPRAG a.s. |
|
|
|
|
Formerly Known As : |
SPIGGENE a.s. |
|
|
|
|
Registered Office : |
Na Babě 1526/35, 160 00 Praha 6 |
|
|
|
|
Country : |
Czech Republic |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
26.05.2008 |
|
|
|
|
Com. Reg. No.: |
B 14330 |
|
|
|
|
Legal Form : |
Public Limited Company |
|
|
|
|
Line of Business : |
Projection, engineering and delivery activities in the sphere of
investment construction, projecting technological complexes in 3D
technologies, projection, industrial production in the sphere of processing
and manipulation of loose materials. |
|
|
|
|
No. of Employees : |
27 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No complaints |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
Czech Republic |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
CZECH REPUBLIC - ECONOMIC OVERVIEW
The Czech Republic is a stable and prosperous market economy closely integrated with the EU, especially since the country's EU accession in 2004. While the conservative, inward-looking Czech financial system has remained relatively healthy, the small, open, export-driven Czech economy remains sensitive to changes in the economic performance of its main export markets, especially Germany. When Western Europe and Germany fell into recession in late 2008, demand for Czech goods plunged, leading to double digit drops in industrial production and exports. As a result, real GDP fell 4.7% in 2009, with most of the decline occurring during the first quarter. Real GDP, however, slowly recovered with positive quarter-on-quarter growth starting in the second half of 2009 and continuing throughout 2011. In 2012, however, the economy fell into a recession due to a slump in external demand. The auto industry remains the largest single industry, and, together with its upstream suppliers, accounts for nearly 24% of Czech manufacturing. The Czech Republic produced more than a million cars for the first time in 2010, over 80% of which were exported. Foreign and domestic businesses alike voice concerns about corruption especially in public procurement. Other long term challenges include dealing with a rapidly aging population, funding an unsustainable pension and health care system, and diversifying away from manufacturing and toward a more high-tech, services-based, knowledge economy.
|
Source
: CIA |
3D CHEMOPRAG a.s.
Na Babě 1526/35
160 00 Praha 6
telephone: 00420/ 233 007 111
telefax: 00420/ 233 33 03 55
e-mail: info@3dchemoprag.cz
Web: www.3dchemoprag.cz
|
Legal form |
Public limited company |
|
|
Foundation |
26/05/2008 - Public limited company |
|
Comp. Register |
26/05/2008, Městský soud v Praze,
RegNr.: B 14330 |
|
Share Capital |
26/05/2008 |
CZK |
2 000 000,- |
|
|
|
100 pc of common registered shares in
documentary form |
|
Board of Directors |
Ing. Jan Macháček (17.03.1963) |
|
|
Ing. Jana Machoňová (16.01.1945) |
|
|
Klaus Gunter Beyer (19.05.1952) |
|
Supervisory Board |
Ing. Jan Kubín (08.03.1956) |
|
|
Jakub Kožíšek (05.12.1990) |
|
|
Tomáš Macháček (18.08.1983) |
|
General Data |
Projection, engineering and delivery activities in the sphere of investment
construction, projecting technological complexes in 3D technologies,
projection, industrial production in the sphere of processing and
manipulation of loose materials. |
|
|
Main activity: |
|
|
|
Former name(s) |
|
|
Trade name(s) |
|
|
General contacts: |
|
|
Address: |
|
|
Ovocný trh 572/11, 110 00 Praha 1 |
|
Staff |
2009 |
0 employees |
|
|
2010 |
25 employees |
|
|
2012 |
27 employees |
|
Annual Sales |
2007 |
actual sales |
CZK |
0,- |
|
|
|
2008 |
actual sales |
CZK |
0,- |
|
|
|
2010 |
actual sales |
CZK |
45 889 000,- |
|
|
|
2011 |
actual sales |
CZK |
42 397 000,- |
|
|
Property |
The real asset situated at the address of the registered office is in
possession of the firm CG Chemoprag Group, s.r.o. |
|
Balance sheets |
The enclosed profit/loss account of 2011 from business register, -.
(31.12.2011 - 1 CZK) |
|
|
The enclosed balance of 2011 from business register, -. (31.12.2011 -
1 CZK) |
|
Remarks |
The final accounts for the year 2012 are not available yet.
|
|
|
The company is connected with the firms CG Chemoprag Group, s.r.o. and
CHEMOPRAG, s.r.o. |
|
Bankers |
Komerční banka, a.s. Account number: 43-6343110217/0100 |
|
Copyright:
This information
is addressed exclusively to the addressee. Contractor obligates to provide
updated information. Although it is always put maximum effort to collect actual
and exact information, it is not confirmed as delinquency if there are
particular inaccurateness contained within the information, which are not
considered as essential in terms of the objective for which the information is
provided to the addressee. Contractor and recipient conform to the rules of the
Name and Description Security Act, Nub.101/2000. According to the Name and
Description Security Act, recipient has the right to process or to use
forwarding data only for the purpose for which information has been sent to the
recipient. Usage for other purpose is acceptable only in case referring to
valid regulations of the above mentioned act.
|
|
balance |
31.12.2008
(CZK) |
31.12.2009
(CZK) |
31.12.2010
(CZK) |
31.12.2011
(CZK) |
|
r1 |
TOTAL ASSETS |
2 019 000
|
1 878 000
|
19 378 000
|
12 631 000
|
|
r2 |
Receivables for subscriptions |
0 |
|
|
|
|
r3 |
Fixed assets |
0 |
|
1 763 000
|
1 886 000
|
|
r4 |
Intangible fixed assets |
0 |
|
285 000 |
179 000 |
|
r5 |
Incorporation expenses |
0 |
|
|
|
|
r6 |
Research and development |
0 |
|
|
|
|
r7 |
Software |
0 |
|
285 000 |
179 000 |
|
r8 |
Valuable rights |
0 |
|
|
|
|
r9 |
Goodwill |
0 |
|
|
|
|
r10 |
Other intangible fixed assets |
0 |
|
|
|
|
r11 |
Intangible fixed assets under construction |
0 |
|
|
|
|
r12 |
Advance payments for intangible fixed assets |
0 |
|
|
|
|
r13 |
Tangible fixed assets |
0 |
|
1 478 000
|
1 707 000
|
|
r14 |
Lands |
0 |
|
|
|
|
r15 |
Constructions |
0 |
|
|
|
|
r16 |
Equipment |
0 |
|
1 478 000
|
1 707 000
|
|
r17 |
Perennial corps |
0 |
|
|
|
|
r18 |
Breeding and draught animals |
0 |
|
|
|
|
r19 |
Other tangible fixed assets |
0 |
|
|
|
|
r20 |
Tangible fixed assets under construction |
0 |
|
|
|
|
r21 |
Advance payments for tangible fixed assets |
0 |
|
|
|
|
r22 |
Adjustment to acquired assets |
0 |
|
|
|
|
r23 |
Long-term financial assets |
0 |
|
|
|
|
r24 |
Shares in controlled and managed organizations |
0 |
|
|
|
|
r25 |
Shares in accounting units with substantial influence |
0 |
|
|
|
|
r26 |
Other securities and shares |
0 |
|
|
|
|
r27 |
Loans to controlled and managed organizations and to accounting unit
with substantial influence |
0 |
|
|
|
|
r28 |
Other financial investments |
0 |
|
|
|
|
r29 |
Financial investments acquired |
0 |
|
|
|
|
r30 |
Advance payments for long-term financial assets |
0 |
|
|
|
|
r31 |
Current assets |
2 000 000
|
1 873 000
|
17 531 000
|
10 579 000
|
|
r32 |
Inventory |
0 |
|
713 000 |
730 000 |
|
r33 |
Materials |
0 |
|
|
|
|
r34 |
Work in progress and semi-products |
0 |
|
713 000 |
730 000 |
|
r35 |
Finished products |
0 |
|
|
|
|
r36 |
Animals |
0 |
|
|
|
|
r37 |
Merchandise |
0 |
|
|
|
|
r38 |
Advance payments for inventory |
0 |
|
|
|
|
r39 |
Long-term receivables |
0 |
|
|
|
|
r40 |
Trade receivables |
0 |
|
|
|
|
r41 |
Receivables from controlled and managed organizations |
0 |
|
|
|
|
r42 |
Receivables from accounting units with substantial influence |
0 |
|
|
|
|
r43 |
Receivables from partners, cooperative members and association members
|
0 |
|
|
|
|
r44 |
Long-term deposits given |
0 |
|
|
|
|
r45 |
Estimated receivable |
0 |
|
|
|
|
r46 |
Other receivables |
0 |
|
|
|
|
r47 |
Deferred tax receivable |
0 |
|
|
|
|
r48 |
Short-term receivables |
0 |
16 000 |
11 979 000
|
6 900 000
|
|
r49 |
Trade receivables |
0 |
|
9 227 000
|
5 774 000
|
|
r50 |
Receivables from controlled and managed organizations |
0 |
|
|
|
|
r51 |
Receivables from accounting units with substantial influence |
0 |
|
|
|
|
r52 |
Receivables from partners, cooperative members and association members
|
0 |
|
|
|
|
r53 |
Receivables from social security and health insurance |
0 |
|
|
|
|
r54 |
Due from state - tax receivable |
0 |
16 000 |
2 329 000
|
685 000 |
|
r55 |
Short-term deposits given |
0 |
|
357 000 |
375 000 |
|
r56 |
Estimated receivable |
0 |
|
|
|
|
r57 |
Other receivables |
0 |
|
66 000 |
66 000 |
|
r58 |
Short-term financial assets |
2 000 000
|
1 857 000
|
4 839 000
|
2 949 000
|
|
r59 |
Cash |
2 000 000
|
1 857 000
|
1 521 000
|
1 548 000
|
|
r60 |
Bank accounts |
0 |
|
3 318 000
|
1 401 000
|
|
r61 |
Short-term securities and ownership interests |
0 |
|
|
|
|
r62 |
Short-term financial assets acquired |
0 |
|
|
|
|
r63 |
Accruals |
19 000 |
5 000 |
84 000 |
166 000 |
|
r64 |
Deferred expenses |
19 000 |
5 000 |
84 000 |
166 000 |
|
r65 |
Complex deferred costs |
0 |
|
|
|
|
r66 |
Deferred income |
0 |
|
|
|
|
r67 |
TOTAL LIABILITIES |
2 019 000
|
1 878 000
|
19 378 000
|
12 631 000
|
|
r68 |
Equity |
1 984 000
|
1 878 000
|
4 818 000
|
7 351 000
|
|
r69 |
Registered capital |
2 000 000
|
2 000 000
|
2 000 000
|
2 000 000
|
|
r70 |
Registered capital |
2 000 000
|
2 000 000
|
2 000 000
|
2 000 000
|
|
r71 |
Company’s own shares and ownership interests (-) |
0 |
|
|
|
|
r72 |
Changes of registered capital ( +/- ) |
0 |
|
|
|
|
r73 |
Capital funds |
0 |
|
|
|
|
r74 |
Share premium |
0 |
|
|
|
|
r75 |
Other capital funds |
0 |
|
|
|
|
r76 |
Differences from revaluation of assets and liabilities ( +/- ) |
0 |
|
|
|
|
r77 |
Differences from revaluation in transformation ( +/- ) |
0 |
|
|
|
|
r78 |
Reserve funds, statutory reserve account for cooperatives, and other
retained earnings |
0 |
|
0 |
200 000 |
|
r79 |
Legal reserve fund / indivisible fund |
0 |
|
0 |
200 000 |
|
r80 |
Statutory and other funds |
0 |
|
|
|
|
r81 |
Profit / loss - previous years |
0 |
-16 000 |
-122 000 |
2 618 000
|
|
r82 |
Retained earnings from previous years |
0 |
|
0 |
2 618 000
|
|
r83 |
Accumulated losses from previous years |
0 |
-16 000 |
-122 000 |
0 |
|
r84 |
Profit / loss - current year (+/-) |
-16 000 |
-106 000 |
2 940 000
|
2 533 000
|
|
r85 |
Liabilities |
35 000 |
0 |
13 585 000
|
4 647 000
|
|
r86 |
Reserves |
0 |
|
|
|
|
r87 |
Reserves under special statutory regulations |
0 |
|
|
|
|
r88 |
Reserves for pension and similar payables |
0 |
|
|
|
|
r89 |
Income tax reserves |
0 |
|
|
|
|
r90 |
Other reserves |
0 |
|
|
|
|
r91 |
Long-term payables |
0 |
|
|
|
|
r92 |
Trade payables |
0 |
|
|
|
|
r93 |
Payables to controlled and managed organizations |
0 |
|
|
|
|
r94 |
Payables to accounting units with substantial influence |
0 |
|
|
|
|
r95 |
Payables from partners, cooperative members and association members |
0 |
|
|
|
|
r96 |
Long-term advances received |
0 |
|
|
|
|
r97 |
Issues bonds |
0 |
|
|
|
|
r98 |
Long-term notes payables |
0 |
|
|
|
|
r99 |
Estimated payables |
0 |
|
|
|
|
r100 |
Other payables |
0 |
|
|
|
|
r101 |
Deferred tax liability |
0 |
|
|
|
|
r102 |
Short-term payables |
35 000 |
0 |
13 585 000
|
4 647 000
|
|
r103 |
Trade payables |
35 000 |
0 |
11 310 000
|
3 389 000
|
|
r104 |
Payables to controlled and managed organizations |
0 |
|
|
|
|
r105 |
Payables to accounting units with substantial influence |
0 |
|
|
|
|
r106 |
Payables from partners, cooperative members and association members |
0 |
|
|
|
|
r107 |
Payroll |
0 |
|
606 000 |
689 000 |
|
r108 |
Payables to social securities and health insurance |
0 |
|
392 000 |
429 000 |
|
r109 |
Due from state - tax liabilities and subsidies |
0 |
|
275 000 |
137 000 |
|
r110 |
Short-term deposits received |
0 |
|
|
|
|
r111 |
Issues bonds |
0 |
|
|
|
|
r112 |
Estimated payables |
0 |
|
|
|
|
r113 |
Other payables |
0 |
|
1 002 000
|
3 000 |
|
r114 |
Bank loans and financial accommodations |
0 |
|
|
|
|
r115 |
Long-term bank loans |
0 |
|
|
|
|
r116 |
Short-term bank loans |
0 |
|
|
|
|
r117 |
Short-term accommodations |
0 |
|
|
|
|
r118 |
Accruals |
0 |
|
975 000 |
633 000 |
|
r119 |
Accrued expenses |
0 |
|
370 000 |
633 000 |
|
r120 |
Deferred revenues |
0 |
|
605 000 |
0 |
|
|
profit/loss
account |
31.12.2008
(CZK) |
31.12.2009
(CZK) |
31.12.2010
(CZK) |
31.12.2011
(CZK) |
|
a1 |
Turnover |
0 |
0 |
45 889 000
|
42 397 000
|
|
a2 |
Revenues from sold goods |
0 |
|
|
|
|
a3 |
Expenses on sold goods |
0 |
|
|
|
|
a4 |
Sale margin |
0 |
|
|
|
|
a5 |
Production |
0 |
|
46 602 000
|
42 414 000
|
|
a6 |
Revenues from own products and services |
0 |
|
45 889 000
|
42 397 000
|
|
a7 |
Change in inventory of own products |
0 |
|
713 000 |
17 000 |
|
a8 |
Capitalization |
0 |
|
|
|
|
a9 |
Production consumption |
16 000 |
102 000 |
28 181 000
|
21 740 000
|
|
a10 |
Consumption of material and energy |
0 |
2 000 |
8 458 000
|
4 281 000
|
|
a11 |
Services |
16 000 |
100 000 |
19 723 000
|
17 459 000
|
|
a12 |
Added value |
-16 000 |
-102 000 |
18 421 000
|
20 674 000
|
|
a13 |
Personnel expenses |
0 |
|
14 034 000
|
15 373 000
|
|
a14 |
Wages and salaries |
0 |
|
10 261 000
|
11 253 000
|
|
a15 |
Renumeration of board members |
0 |
|
|
|
|
a16 |
Social security expenses and health insurance |
0 |
|
3 773 000
|
4 120 000
|
|
a17 |
Other social expenses |
0 |
|
|
|
|
a18 |
Taxes and fees |
0 |
4 000 |
37 000 |
41 000 |
|
a19 |
Depreciations of intangible and tangible assets |
0 |
|
80 000 |
486 000 |
|
a20 |
Revenues from disposals of fixed assets and materials |
0 |
|
|
|
|
a21 |
Revenues from disposals of fixed assets |
0 |
|
|
|
|
a22 |
Revenues from disposals of materials |
0 |
|
|
|
|
a23 |
Net book value of disposed fixed assets and materials |
0 |
|
|
|
|
a24 |
Net book value of sold fixed assets |
0 |
|
|
|
|
a25 |
Net book value of sold material |
0 |
|
|
|
|
a26 |
Change in operating reserves and adjustments and complex deferred
costs ( + / - ) |
0 |
|
|
|
|
a27 |
Other operating revenues |
0 |
|
47 000 |
33 000 |
|
a28 |
Other operating expenses |
0 |
|
7 000 |
13 000 |
|
a29 |
Transfer of operating revenues |
0 |
|
|
|
|
a30 |
Transfer of operating expenses |
0 |
|
|
|
|
a31 |
Operating profit / loss |
-16 000 |
-106 000 |
4 310 000
|
4 794 000
|
|
a32 |
Revenues from sales of securities and ownership interests |
0 |
|
|
|
|
a33 |
Sold securities and ownership interests |
0 |
|
|
|
|
a34 |
Revenues from long-term financial assets |
0 |
|
|
|
|
a35 |
Revenues from shares in controlled and managed organizations and in
accounting units with substantial influence |
0 |
|
|
|
|
a36 |
Revenues from others securities and ownership interests |
0 |
|
|
|
|
a37 |
Revenues from other long-term financial assets |
0 |
|
|
|
|
a38 |
Revenues from short-term financial assets |
0 |
|
|
|
|
a39 |
Expenses associated with financial assets |
0 |
|
|
|
|
a40 |
Revenues from revaluation of securities and derivatives |
0 |
|
|
|
|
a41 |
Cost of revaluation of securities and derivatives |
0 |
|
|
|
|
a42 |
Change in financial reserves and adjustments ( + / - ) |
0 |
|
|
|
|
a43 |
Interest revenues |
0 |
|
1 000 |
2 000 |
|
a44 |
Interest expenses |
0 |
|
110 000 |
37 000 |
|
a45 |
Other financial revenues |
0 |
|
486 000 |
486 000 |
|
a46 |
Other financial expenses |
0 |
|
77 000 |
3 107 000
|
|
a47 |
Transfer of financial revenues |
0 |
|
|
|
|
a48 |
Transfer of financial expenses |
0 |
|
|
|
|
a49 |
Profit / loss from financial operations ( transactions ) |
0 |
|
-700 000 |
-1 656 000
|
|
a50 |
Income tax on ordinary income |
0 |
|
670 000 |
605 000 |
|
a51 |
Due tax |
0 |
|
670 000 |
605 000 |
|
a52 |
Tax deferred |
0 |
|
|
|
|
a53 |
Operating profit / loss ordinary activity |
-16 000 |
-106 000 |
2 940 000
|
2 533 000
|
|
a54 |
Extraordinary revenues |
0 |
|
|
|
|
a55 |
Extraordinary expenses |
0 |
|
|
|
|
a56 |
Income tax on extraordinary income |
0 |
|
|
|
|
a57 |
Due tax |
0 |
|
|
|
|
a58 |
Tax deferred |
0 |
|
|
|
|
a59 |
Operating profit / loss extraordinary activity |
0 |
|
|
|
|
a60 |
Transfer profit ( loss ) to partners (+/-) |
0 |
|
|
|
|
a61 |
Profit / loss of current accounting period (+/-) |
-16 000 |
-106 000 |
2 940 000
|
2 533 000
|
|
a62 |
Profit / loss before tax (+/-) |
0 |
-106 000 |
3 610 000
|
3 138 000
|
|
|
Receivables after due date total |
|
0 |
9 001 000
|
4 116 000
|
|
|
Receivables more than 180 days after due date |
|
|
0 |
187 000 |
|
|
Liabilities after due date total |
|
0 |
7 430 000
|
275 000 |
|
|
Liabilities more than 180 days after due date |
|
|
0 |
0 |
|
Balance indices |
|
31.12.2008
|
31.12.2009
|
31.12.2010
|
31.12.2011
|
|
Return on total assets ROA (in %) |
a62/r1 * 100 |
0,00 |
-5,64 |
18,63 |
24,84 |
|
Return on equity ROE (in %) |
a62/r68 * 100 |
0,00 |
-5,64 |
74,93 |
42,69 |
|
Return on sales ROS (in %) |
a62/a1 * 100 |
n/a |
n/a |
7,87 |
7,40 |
|
Turnover of receivables (in days) |
r49/a1 * 365 |
n/a |
n/a |
73,39 |
49,71 |
|
Turnover of liabilities (in days) |
r103/a1 * 365 |
n/a |
n/a |
89,96 |
29,18 |
|
Turnover of inventories (days) |
r32/a1 * 365 |
n/a |
n/a |
5,67 |
6,28 |
|
Net working capital (in ths. CZK) |
r31 - r102 - r116 - r117 |
1 965,00 |
1 873,00 |
3 946,00 |
5 932,00 |
|
Ratio of accounts payable to accounts receivable (in %) |
(r39+r48) / (r91+r102) * 100 |
0,00 |
n/a |
n/a |
n/a |
|
Ratio of profit/loss to tangible assets (in%) |
r3 / a1 * 100 |
n/a |
n/a |
3,84 |
4,45 |
|
Current ratio |
r31 / (r102+r116+r117) |
57,14 |
n/a |
n/a |
n/a |
|
Quick ratio |
(r58+r48) / (r102+r116+r117) |
57,14 |
n/a |
1,24 |
2,12 |
|
Cash ratio |
r58 / (r102+r116+r117) |
57,14 |
n/a |
n/a |
n/a |
|
Debt ratio I (in %) |
(1-r68/r67) * 100 |
1,73 |
0,00 |
75,14 |
41,80 |
|
Debt ratio II (in %) |
r85/r67 * 100 |
1,73 |
0,00 |
70,11 |
36,79 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.52 |
|
|
1 |
Rs.101.48 |
|
Euro |
1 |
Rs.84.11 |
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.