MIRA
INFORM REPORT
|
Report Date : |
12.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
OXITENO SA
INDÚSTRIA E COMÉRCIO |
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Formerly Known As : |
OXITENO INDÚSTRIA QUÍMICA LTDA |
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Registered Office : |
Avenida Brigadeiro Luís Antonio,1343 6º Andar Cj A E 7º Andar - Bela Vista, Zip Code 01317-910 - São Paulo/Sp |
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Country : |
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Financials (as on) : |
31.12.2013 |
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Date of Incorporation : |
20.07.1969 |
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Legal Form : |
Privately Held Corporation |
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Line of Business : |
·
manufacturer of petrochemicals
and chemicals in general. producer of Non-Ionic
Surfactants, Ethylene Glycols, Specialty Chemicals, Ethanolamines and Glycol
Ethers. |
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|
|
No of Employees : |
714 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Brazil |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
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Low Risk |
A2 |
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Moderate Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderate High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
brazil ECONOMIC OVERVIEW
Characterized by large and
well-developed agricultural, mining, manufacturing, and service sectors,
Brazil's economy outweighs that of all other South American countries, and Brazil
is expanding its presence in world markets. Since 2003, Brazil has steadily
improved its macroeconomic stability, building up foreign reserves, and
reducing its debt profile by shifting its debt burden toward real denominated
and domestically held instruments. In 2008, Brazil became a net external
creditor and two ratings agencies awarded investment grade status to its debt.
After strong growth in 2007 and 2008, the onset of the global financial crisis
hit Brazil in 2008. Brazil experienced two quarters of recession, as global
demand for Brazil's commodity-based exports dwindled and external credit dried
up. However, Brazil was one of the first emerging markets to begin a recovery.
In 2010, consumer and investor confidence revived and GDP growth reached 7.5%,
the highest growth rate in the past 25 years. Rising inflation led the
authorities to take measures to cool the economy; these actions and the
deteriorating international economic situation slowed growth in 2011-13.
Unemployment is at historic lows and Brazil's traditionally high level of
income inequality has declined for each of the last 14 years. Brazil's
historically high interest rates have made it an attractive destination for
foreign investors. Large capital inflows over the past several years have
contributed to the appreciation of the currency, hurting the competitiveness of
Brazilian manufacturing and leading the government to intervene in foreign
exchange markets and raise taxes on some foreign capital inflows. President
Dilma ROUSSEFF has retained the previous administration's commitment to
inflation targeting by the central bank, a floating exchange rate, and fiscal
restraint.
|
Source : CIA |
Company name
OXITENO S/A
INDÚSTRIA E COMÉRCIO
Company ADDRESSES
|
MAIN ADDRESS: |
AVENIDA BRIGADEIRO LUÍS ANTONIO,1343 6º ANDAR CJ A E 7º ANDAR - BELA
VISTA |
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ZIP CODE/CITY: |
01317-910 - SÃO PAULO/SP |
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PHONE: |
11 3177-6318 |
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FAX: |
11 3177-6872 |
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E-MAIL: |
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WEB SITE: |
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BRANCHES: |
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ADDRESS: |
RUA BEZENO,1065 - COMPLEXO BÁSICO |
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ZIP CODE/CITY: |
42810-000 CAMAÇARI/BA |
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PHONE: |
71 3634-777 |
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ADDRESS: |
RUA AGOSTINHO MANFREDINI,56 |
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ZIP CODE/CITY: |
12120-000 TREMEMBÉ/SP |
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PHONE: |
12 3607-3200 |
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ADDRESS: |
RODOVIA TABAÍ - CANOAS, KM,419 LOTE 7 |
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ZIP CODE/CITY: |
95853-000 TRIUNFO/RS |
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PHONE: |
51 3457-5100 |
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ADDRESS: |
AVENIDA AYRTON SENNA DA SILVA,3001 |
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ZIP CODE/CITY: |
09380-440 MAUÁ/SP |
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PHONE: |
11 4478-3300 |
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ADDRESS: |
AVENIDA DAS INDUSTRIAS,365 |
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ZIP CODE/CITY: |
09380-903 MAUÁ/SP |
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PHONE: |
11 4478-3300 |
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ADDRESS: |
AVENIDA JORGE BEI MALUF,2163 |
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ZIP CODE/CITY: |
08686-000 SUZANO/SP |
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PHONE: |
11 3607-3200 |
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REQUESTED
ADDRESS: |
RODOVIA
PRESIDENTE CASTELO BRANCO, Nº 11.100 - KM 30,5 - JARDIM MARIA CRISTINA |
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ZIP CODE/CITY: |
06421-400
BARUERI/SP |
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CNPJ: |
62.545.686/0015-59 |
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STATE REGISTER: |
206.148.508.110 |
|
ADMINISTRACIÓN PORTUARIA INTEGRAL DE
COATZACOALCOS, RECINTO PORTUARIO C.P. 95020 COATZACOALCOS, VERACRUZ. MÉXICO PHONE: +52 (921) 214-5492 KM. 1.6 CARRETERA A SAN MARTÍN DE LAS FLORES C.P. 45620 TLAQUEPAQUE, JALISCO MÉXICO PHONE: +52 (33) 3697-0201 INSURGENTES SUR 1685, PISO 11A COL. GUADALUPE INN C. P. 01020 MÉXICO, D. F. - MÉXICO PHONE: 52 (55) 5322-0560 FAX: 52 (55) 5661-6242 AVENIDA CARLOS PELLEGRINI 713, 5º PISO BUENOS AIRES - ARGENTINA PHONE: 54 (11) 4115-5600 FAX: 54 (11) 4115-5680 E-MAIL: OXAR@OXITENO.COM.BR |
LEGAL DATA
|
MAIN ACTIVITIES: |
|
·
manufacturer of petrochemicals and
chemicals in general. producer of Non-Ionic
Surfactants, Ethylene Glycols, Specialty Chemicals, Ethanolamines and Glycol
Ethers. |
|
LEGAL FORM: |
PRIVATELY
HELD CORPORATION |
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|
|
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INCORPORATION DATE: |
20/07/1969 |
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REGISTER DATE: |
20/07/1969 |
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BALANCE SHEET FILING DATE: |
31/12 |
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TAX CONTRIBUTOR NUMBER(CNPJ): |
62.545.686/0001-53 |
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STATE REGISTER: |
108.237.678.117 |
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|
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SHARE CAPITAL: |
R$ 1.743.570.000,00 |
|
LAST REGISTER OF CAPITAL: |
23/05/2014 |
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BOARD OF
DIRECTORS: |
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|
|
|
|
JOÃO BENJAMIN PAROLIN |
SUPERVISING DIRECTOR |
|
ANA PAULA SANTORO CORIA |
DIRECTOR |
|
FLÁVIO DO COUTO BEZERRA CAVALCANTI |
DIRECTOR |
|
ANDRE LUIS POLO |
DIRECTOR |
|
ANDREA CAMPOS SOARES |
DIRECTOR |
AUTHORIZED USE OF SIGNATURE
|
THE DIRECTORS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
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SHAREHOLDERS /
PARTNERS: |
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ULTRAPAR PARTICIPAÇÕES S/A |
100% |
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AFFILIATES /
SUBSIDIARIES: |
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OXITENO NORDESTE S/A IND.E COMERCIO |
|
|
OXICAP IND.DE GASES LTDA |
25,00% |
|
PETROQUÍMICA UNIÃO S/A - PQU |
2,85% |
|
OXITENO INTERNATIONAL CORPORATION |
100,00% |
|
TERMINAL QUÍMICA DE ARATÚ S/A - TEQUIMAR |
20,00% |
|
BARRINGTON S.L. |
100,00% |
|
UAESPE EMPREENDIMENTOS E PARTICIPAÇÕES LTDA |
99,998% |
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OLEOQUIMICA IND. COM. PROD. QUIMICOS LTDA |
100,00% |
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OXITENO ARGENTINA SOC DE RESPONSABILIDAD LTDA |
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|
OXITENO DISTRIBUIDORA QUIMICA LTDA |
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COMPANY'S BACKGROUND
|
THE SUBJECT WAS ESTABLISHED ON JULY 20, 1969 AS A LIMITED LIABILITY COMPANY
AND WITH THE REGISTERED NAME OXITENO INDÚSTRIA QUÍMICA LTDA. ON OCTOBER 14,
1970 ITS LEGAL FORM WAS CHANGED TO PRIVATELY HELD CORPORATION AND THE CURRENT
REGISTERED NAME WAS ADOPTED. THE SHARE INTEREST CONTROL AT THE TIME OF ITS INCORPORATION WAS HOLD
BY THE GROUPS ULTRA, PETROQUISA AND MONTEIRO ARANHA. IN 1971 THE SUBJECT AND THE COMPANY OXIGÊNIO DO BRASIL S/A, CURRENT
NAMED AIR LIQUIDE BRASIL LTDA., ESTABLISHED THE COMPANY OXICAP INDÚSTRIA DE
GASES LTDA. THE SUBJECT HOLDS 25% OF THE SHARES OF THE SAID COMPANY. IN 1974 WITH THE BUILDING OF THE SECOND PETROCHEMICAL PARK IN BRAZIL
THE SUBJECT ESTABLISHED ITS PARENT COMPANY OXITENO NORDESTE S/A INDÚSTRIA E
COMÉRCIO. ON AUGUST 26, 1992 THE SUBJECT TOOK OVER THE COMPANY ULTRAQUÍMICA NOVA
S/A A COMPANY FORMERLY OWNED BY ULTRA GROUP. IN AUGUST 2010 THE COMPANY TOOK OVER TSPE E EMPREENDIMENTOS E
PARTICIPAÇÕES LTDA, CNPJ 09.364.319-70. CERTIFICATIONS: ISO 9001:2008 ISO 14001:2004 ISO/TS 16949:2009 ISO/TS 16949:2009 FURTHER DETAILS ABOUT THE SUBJECT'S HISTORY ARE SO FAR NOT KNOWN. |
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PUBLIC
INFORMATION: |
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PROTESTS: |
|
1 PROTEST,TOTAL AMOUNT R$
5.490,00 |
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DETAILS OF PROTEST: |
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NOTARY OFFICE: |
DATE: |
VALUE: |
|
1º CARTÓRIO DE TREMEMBE/SP |
30/04/2014 |
R$ 5.490,00 |
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LAWSUITS: |
|
|
|
|
DATE: |
COURT OF LAW: |
|
1 |
STATE LAWSUIT |
27/04/11 |
VARA DE SUZANO/SP |
FINANCIAL INFORMATION
|
GENERAL BALANCE SHEETS AS OF 31/12/2013, 31/12/2012 AND 31/12/2011. |
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( FIGURES ARE IN THOUSANDS OF REAIS ). |
|
ASSETS |
|
|
|
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CURRENT: |
31/12/2013 |
31/12/2012 |
31/12/2011 |
|
|
|
|
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CASH AND BANKS |
303.570 |
45.588 |
32.306 |
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INVESTMENTS |
120.227 |
26.852 |
33.440 |
|
CLIENTS |
152.112 |
152.476 |
167.721 |
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INVENTORY |
134.035 |
93.208 |
110.048 |
|
RECOVERABLE TAXES |
67.142 |
53.643 |
39.945 |
|
DIVIDENDS RECEIVABLES |
2.526 |
29.202 |
1.640 |
|
OTHER CREDITS |
619 |
332 |
647 |
|
PREPAID EXPENSES |
4.058 |
6.037 |
5.493 |
|
|
---------------- |
---------------- |
---------------- |
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TOTAL CURRENT ASSETS |
784.289 |
407.338 |
391.240 |
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
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INTERCOMPANY CREDITS |
348.822 |
346.448 |
349.410 |
|
DEFERRED TAXES |
34.146 |
41.975 |
50.876 |
|
RECOVERABLE TAXES |
4.884 |
15.120 |
29.477 |
|
JUDICIAL DEPOSITS |
3.344 |
3.033 |
2.822 |
|
PRE PAID EXPENSES |
2.793 |
4.963 |
7.307 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG-TERM RECEIVABLES |
393.989 |
411.539 |
439.892 |
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
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INVESTMENTS |
1.800.970 |
1.910.509 |
1.716.498 |
|
FIXED ASSETS |
336.827 |
345.091 |
368.027 |
|
INTANGIBLE |
56.951 |
68.133 |
13.539 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL FIXED ASSETS |
2.194.748 |
2.323.733 |
2.098.064 |
|
|
================ |
================ |
================ |
|
TOTAL ASSETS |
3.373.026 |
3.142.610 |
2.929.196 |
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2013 |
31/12/2012 |
31/12/2011 |
|
|
|
|
|
|
SUPPLIERS |
75.382 |
326.355 |
102.597 |
|
LOANS AND FINANCING |
136.699 |
152.294 |
252.640 |
|
SALARY, TAXES & CONTRIB. |
53.151 |
37.872 |
40.825 |
|
TAXES & CONTRIBUTIONS |
2.391 |
3.250 |
2.797 |
|
DIVIDENDS |
51.338 |
40.251 |
26.037 |
|
INCOME TAX/SOCIAL CONTRIBUTION |
|
|
4 |
|
PROVISIONS |
904 |
521 |
|
|
OTHER DEBTS |
6.019 |
5.492 |
2.019 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT LIABILITIES |
325.884 |
566.035 |
426.919 |
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
LOANS AND FINANCING |
132.358 |
192.644 |
261.909 |
|
INTERCOMPANY DEBTS |
|
5.858 |
7.867 |
|
DEFERRED TAXES |
11.091 |
1.343 |
1.464 |
|
PROVISION FOR CONTINGENCIES |
1.380 |
16.323 |
19.635 |
|
ACCOUNTS PAYABLE |
1.201 |
891 |
647 |
|
OTHER |
8.842 |
6.602 |
3.958 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG TERM LIABILITIES |
154.872 |
223.661 |
295.480 |
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
1.743.570 |
1.393.570 |
1.393.570 |
|
REVALUATION RESERVES |
510 |
572 |
653 |
|
PROFIT RESERVES |
1.108.528 |
946.136 |
816.883 |
|
OTHER COMPREHENSIVE INCOME |
1.586 |
15 |
117 |
|
CUMULATIVE TRANSLATION ADJUSTMENT |
38.076 |
12.621 |
-4.426 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL NET EQUITY |
2.892.270 |
2.352.914 |
2.206.797 |
|
|
================ |
================ |
================ |
|
TOTAL LIABILITIES |
3.373.026 |
3.142.610 |
2.929.196 |
|
PROFIT AND LOSS ACCOUNTS AS OF 31/12/2013, 31/12/2012 AND 31/12/2011. |
|
( FIGURES ARE IN THOUSANDS OF REAIS ). |
|
|
31/12/2013 |
31/12/2012 |
31/12/2011 |
|
|
|
|
|
|
NET SALES |
968.794 |
926.254 |
807.976 |
|
(-) COST OF SOLD GOODS |
732.212 |
718.641 |
666.722 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS PROFIT |
236.582 |
207.613 |
141.254 |
|
OPERATING REVENUE (EXPENSE) |
-18.270 |
-39.533 |
-161.620 |
|
FINANCIAL REVENUE(EXPENSE) |
13.636 |
9.245 |
118.656 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL PROFIT (LOSS) |
231.948 |
177.325 |
98.290 |
|
CONTRIBUTION/INCOME TAX |
-16.220 |
-8.004 |
10.910 |
|
|
---------------- |
---------------- |
---------------- |
|
NET PROFIT (LOSS) |
215.728 |
169.321 |
109.200 |
|
RATIOS: |
31/12/2013 |
31/12/2012 |
31/12/2011 |
|
QUICK RATIO |
2,00 |
|
,56 |
|
,66 |
|
|
CURRENT RATIO |
2,41 |
|
,72 |
|
,92 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
6,37 |
TIMES |
6,07 |
TIMES |
4,82 |
TIMES |
|
DAYS' SALES IN RECEIVABLES |
56,52 |
DAYS |
59,26 |
DAYS |
74,73 |
DAYS |
|
INVENTORY TURNOVER |
5,46 |
TIMES |
7,71 |
TIMES |
6,06 |
TIMES |
|
ACCOUNTS PAYABLE PERIOD |
37,06 |
DAYS |
163,49 |
DAYS |
55,40 |
DAYS |
|
RETURN ON ASSETS |
,29 |
TIMES |
,29 |
TIMES |
,28 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
,34 |
TIMES |
,39 |
TIMES |
,37 |
TIMES |
|
NET WORTH TIE-UP |
,12 |
|
,15 |
|
,17 |
|
|
INDEBTEDNESS |
,17 |
|
,34 |
|
,33 |
|
|
EQUITY RATIO |
85,75 |
% |
74,87 |
% |
75,34 |
% |
|
WORKING CAPITAL RATIO |
140,67 |
% |
-28,04 |
% |
-8,36 |
% |
|
GENERAL SOLVENCY |
7,02 |
|
3,98 |
|
4,05 |
|
|
RETURN ON NET EQUITY |
7,46 |
% |
7,20 |
% |
4,95 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
22,27 |
% |
18,28 |
% |
13,52 |
% |
|
GROSS PROFIT MARGIN |
24,42 |
% |
22,41 |
% |
17,48 |
% |
|
OPERATIONAL RESULT |
23,94 |
% |
19,14 |
% |
12,17 |
% |
|
SALES TURNOVER ON LIABILITIES |
2,97 |
TIMES |
1,64 |
TIMES |
1,89 |
TIMES |
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 2,22 |
- OFFICIAL RATE ON 10/07/2014 |
|
US$ 1,00 = R$ 2,34 |
- OFFICIAL RATE ON 31/12/2013 |
|
US$ 1,00 = R$ 2,04 |
- OFFICIAL RATE ON 31/12/2012 |
|
US$ 1,00 = R$ 1,87 |
- OFFICIAL RATE ON 31/12/2011 |
|
COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE FIGURES AVAILABLE SHOW GOOD FINANCIAL STANDING. IT IS NOTED HIGH
LIQUIDITY RATIOS AND GOOD WORKING CAPITAL, AS WELL AS LEVEL OF INDEBTEDNESS. IN
ADDITION IT IS NOTED GROWING SALES AND POSTED PROFIT. IT IS WORTH TO COMMENT THAT THE COMPANY HAS HIGH FINANCIAL STRENGTH
AND BELONGS TO A FINANCIALLY-SOUND GROUP, THUS IT IS NOT LIKELY TO FACE
FINANCIAL PROBLEMS. |
|
REAL ESTATE: |
NOT AVAILABLE
|
VEHICLES: |
NOT AVAILABLE
|
MACHINES: |
NOT AVAILABLE
INSURANCE
|
THE SUBJECT IS SAID TO HOLD INSURANCE POLICIES BUT DETAILS WERE NOT
DISCLOSED. |
BANKING REFERENCES
|
|
BRANCH/PHONE: |
CITY: |
|
BANCO REAL (SANTANDER) S/A |
11 3174-6267 |
SÃO PAULO/SP |
|
BANCO ITAÚ S/A |
11 3708-8064 |
SÃO PAULO/SP |
|
BANCO ITAUBANK S/A |
11 3118-6625 |
SÃO PAULO/SP |
|
BANCO ITAÚ S/A |
11 867-4613 |
SÃO PAULO/SP |
|
BANCO BRADESCO S/A |
11 253-1911 |
SÃO PAULO/SP |
|
BANCO DO BRASIL S/A |
11 2128-7203 |
|
|
REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE
INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW
PROHIBITION WE ARE UNABLE TO PROVIDE ANY BANKING DETAILS. ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL REPORT, THE COMPANY
HAS NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682
BRAZILIAN CENTRAL BANK"). |
ACTIVITIES COMMENTS
|
THE SUBJECT IS ENGAGED IN THE MANUFACTURE OF PETROCHEMICALS AND CHEMICALS
IN GENERAL. producer of Non-Ionic Surfactants,
Ethylene Glycols, Specialty Chemicals, Ethanolamines and Glycol Ethers. |
|
|
IMPORT AND
EXPORT: |
|
IMPORTS FROM:
|
NOT AVAILABLE. |
EXPORTS TO:
|
MERCOSUR, FAR EAST, U.S.A., EUROPE, SOUTH AFRICA AND AUSTRALIA. |
|
MAIN CLIENTS: |
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|
|
|
|
|
|
DOMESTIC
CLIENTS: |
CITY: |
PHONE: |
|
CLARIANT S/A |
SÃO PAULO/SP |
11 5683-7233 |
|
COGNIS BRASIL LTDA |
JACAREÍ/SP |
12 354-6186 |
|
COLGATE /PALMOLIVE IND. E COM. LTDA |
SÃO PAULO/SP |
|
|
DOW BRASIL SUDESTE INDUSTRIAL LTDA |
GUARUJA/SP |
|
|
DOW QUÍMICA S/A |
GUARUJÁ/SP |
13 546-9122 |
|
DUPONT DO BRASIL S/A |
BARUERI/SP |
|
|
INDÚSTRIAS GESSY LEVER LTDA |
SÃO PAULO/SP |
|
|
LEDERVIN IND.COM.LTDA |
OSASCO/SP |
11 864-1155 |
|
TRW AUTOMOTIVE SOUTH AMERICA S/A |
LIMEIRA/SP |
19 440-1355 |
|
UNILEVER BRASIL HIG PESSOAL LIMP LTDA |
SÃO PAULO/SP |
|
|
STAFF: |
|
|
|
THE COMPANY HAS: 714 EMPLOYEE(S) |
CONCEPT AND FULFILMENT
|
THE SUBJECT IS AN OLD AND WELL-ESTABLISHED COMPANY IN BUSINESS SINCE
1969 WITH A CLEAR TRADE HISTORY AND GOOD PAYMENT BEHAVIOR. IT HAS A HIGH
SCALE OF OPERATIONS AND AN EXCELLENT TRADE REPUTATION. THE COMPANY HAS TRADE RELATIONS WITH SEVERAL SUPPLIERS IN BRAZIL. THE
SUPPLIERS EXTEND CREDIT FACILITIES TO THE SUBJECT IN TERMS AND AMOUNTS
ACCORDING TO THE COMPANY'S NEEDS AND SO FAR NO PAYMENT PROBLEMS ARE NOTED. THE LAWSUIT REPORTED IS NOT RELATED WITH TRADE DEBT. IT IS RELATED TO
TAX DEBT THAT FOR ANY REASON THE COMPANY HAS NOT YET PAID. NEVERTHELESS WE
POINT OUT THAT THE SAID LAWSUIT DOES NOT AFFECT THE COMPANY’S TRADE
REPUTATION. THE PROTEST FOUND IS IRRELEVANT. |
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MAIN SUPPLIERS: |
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DOMESTIC
SUPPLIERS: |
CITY: |
PHONE: |
|
COMGAS-COMPANHIA DE GÁS SÃO PAULO |
SÃO PAULO/SP |
11 4504-5072 |
|
FASCIATUS PARTICIPAÇÕES S/A |
MAUA/SP |
11 4977-2000 |
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GMM EMBALAGENS INDUSTRIAIS S/A |
|
11 3040-1657 |
|
METALBASA MEALÚRGICA DA BAHIA S/A |
SALVADOR/BA |
71 241-7619 |
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PETROQUÍMICA UNIÃO S/A |
MAUÁ/SP |
11 4478-1634 |
|
RHODIA POLIAMIDA E ESPECIALIDADES LTDA |
SÃO PAULO/SP |
11 3741-7082 |
|
UNIPAR COMERCIAL E DISTR. S/A |
MAUÁ/SP |
11 4472-1155 |
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UNIPAR-UNIÃO INDS.PETROQ. S/A |
MAUÁ/SP |
11 4472-1155 |
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FOREIGN
SUPPLIERS: |
COUNTRY: |
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|
CELANESE LTD |
UNITED STATES |
|
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PAYMENT HISTORY: |
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26 SUPPLIERS REPORTED PAYMENTS: |
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TOTAL AMOUNT: R$ 8.751.894,00 |
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|
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AMOUNT OF INVOICES PAID: 275 |
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TOTAL OF PROMPT PAYMENTS: 99,1% |
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TOTAL OF DELAYED PAYMENTS: 0,9% |
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HIGHEST INVOICE: R$ 124.822,00 |
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HIGHEST CREDIT: R$ 173.547,00 |
FINAL OPINION
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THE SUBJECT IS AN OLD AND WELL-ESTABLISHED COMPANY. IT HAS A HIGH SCALE
OF OPERATIONS AND A HUGE FINANCIAL POWER. BASED ON THE OVERALL INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD
TRADE RELATIONS MAY BE ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED WITHIN
TERMS AND AMOUNTS ADEQUATE TO THE COMPANY'S SIZE AND FINANCIAL STRENGTH. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.19 |
|
UK Pound |
1 |
Rs.103.15 |
|
Euro |
1 |
Rs.81.87 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
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Report Prepared
by : |
MNL |
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.