MIRA INFORM REPORT

 

 

Report Date :

17.07.2014

 

IDENTIFICATION DETAILS

 

Name :

BRASSERIE DE TAHITI SA

 

 

Registered Office :

17 Place Notre Dame, Papeete, Tahiti 98713

 

 

Country :

French Polynesia

 

 

Date of Incorporation :

30.03.1953

 

 

Legal Form :

Private Company with Limited Liability

 

 

Line of Business :

Manufacturer & exporter of Beer, Fruit Juices, Alcoholic Beverages, Mineral Water, Non-Alcoholic Beverages & Soft Drinks

 

 

No. of Employees

384

 

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 :

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 – March 31, 2014

 

Country Name

Previous Rating

(31.12.2013)

Current Rating

(31.03.2014)

French Polynesia

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

French Polynesia ECONOMIC OVERVIEW

 

Since 1962, when France stationed military personnel in the region, French Polynesia has changed from a subsistence agricultural economy to one in which a high proportion of the work force is either employed by the military or supports the tourist industry. With the halt of French nuclear testing in 1996, the military contribution to the economy fell sharply. Tourism accounts for about one-fourth of GDP and is a primary source of hard currency earnings. Other sources of income are handicrafts, public works projects, aquaculture, pearl farming and deep-sea commercial fishing. The small manufacturing sector primarily processes agricultural products. The territory benefits substantially from development agreements with France aimed principally at creating new businesses and strengthening social services.

 

 

Source : CIA

 

 

 

REGISTERED NAME & COMPANY SUMMARY

 

Company Details

Organization Name

:

BRASSERIE DE TAHITI SA

Address

:

17 Place Notre Dame, Papeete, Tahiti 98713

Country

:

French Polynesia

Phone (S)

:

[+689]-40467630

Facsimile

:

[+689]-40467639

Email

:

m.tuia@hinano.pf

Website

:

http://www.brasseriedetahiti.com

Primary Business Activity

:

Manufacturer

Key Industry

:

Beverages

 

Key Facts

 

Registered Legal Address

:

17 Place Notre Dame, Papeete, Tahiti 98713

Operational Address

:

17 Place Notre Dame, Papeete, Tahiti 98713

Trading Name

:

JUS DE FRUITS DE TAHITI
LA BOUTIQUE HINANO

Issuing Authority

:

Registre Du Commerce - National

License Number

:

306B53

License Status

:

License exists - Normal.

Legal Form - Category

 

Private Company with Limited Liability

Legal Form

:

Societe Anonyme

Legal Form - Abbreviation

:

SA

Operational Status of Business

:

Normal

Date of Registration

:

30 Mar, 1953

Employees

:

384

Capital

:

US$ 36,188,891

 

Report Details

 

 

Country

:

French Polynesia

Business Entity Name

:

BRASSERIE DE TAHITI SA

Acronym

:

BDT

Primary Business Activity

:

Manufacturer

Primary Industry

:

Beverages

Office Contact Details

Operating Address

:

17 Place Notre Dame, Papeete, Tahiti 98713

Tel

:

[+689]-40467630

 

:

[+689]-40471693

 

:

[+689]-40471676

 

:

[+689]-40467600

Fax

:

[+689]-40467639

 

:

[+689]-40436212

Email

:

m.tuia@hinano.pf

Factory Contact Details

Address

:

Zone Industrielle de la Punaruu, Punaauia 98718

Tel

:

[+689]-40471600

Postal Details

P.O. Box

:

597 98713

Website Details

Website

:

http://www.brasseriedetahiti.com

Status

:

Normal - operational

Country of Registration

:

USA

Ownership Type

:

Registered ownership by Subject Business Entity

 

 

 

DIRECTORS/MANAGEMENT

 

Key Person

Legal Title

:

Chairman

Name

:

Mr. Jean-Pierre Fourcade

Nationality

:

French

 

 

COMPANY MANAGEMENT

 

 

 

Management Listings

 

 

Name

Nationality

Job Description

Dept. / Division

1

Mr. Jean-Pierre Fourcade

French

Chief Executive Officer - CEO

-

2

Ms. Carmen Frouge

French

Administrator

-

3

Mr. Tutehau Martin

French

Administrator

-

4

Mr. Thierry Mosser

French

Director General

-

5

Ms. Lowaina Ribet

French

Administrator

-

6

Ms. Maewa Rouleau

French

Administrator

-

7

Mr. Jacques Solari

French

Administrator

-

8

Ms. Madeleine Tuia-Reichart

French

Executive Assistant

-

 

 

Management Details - 1

Personal Unique Identifier

:

MI02372555

Name

:

Mr. Jean-Pierre Fourcade

 

 

 

Management Details - 2

Personal Unique Identifier

:

MI03739194

Name

:

Ms. Carmen Frouge

 

 

 

Management Details - 3

Personal Unique Identifier

:

MI03739193

Name

:

Mr. Tutehau Martin

 

 

 

Management Details - 4

Personal Unique Identifier

:

MI03739189

Name

:

Mr. Thierry Mosser

 

Email

:

t.mosser@hinano.pf

 

 

Management Details - 5

Personal Unique Identifier

:

MI03739192

Name

:

Ms. Lowaina Ribet

 

 

 

Management Details - 6

Personal Unique Identifier

:

MI03739191

Name

:

Ms. Maewa Rouleau

 

 

 

Management Details - 7

Personal Unique Identifier

:

MI03739190

Name

:

Mr. Jacques Solari

 

 

 

Management Details - 8

Personal Unique Identifier

:

MI03739195

Name

:

Ms. Madeleine Tuia-Reichart

 

Email

:

m.tuia@hinano.pf

 

COMPANY DIRECTORS

 

1

 

 

Personal Unique Identifier

:

MI03739190

Name

:

Mr. Jacques Solari

 

2

 

 

Personal Unique Identifier

:

MI02372555

Name

:

Mr. Jean-Pierre Fourcade

 

3

 

 

Personal Unique Identifier

:

MI03739189

Name

:

Mr. Thierry Mosser

Email

:

t.mosser@hinano.pf

 

 

 

 

4

 

 

 

 

 

Personal Unique Identifier

:

MI03739193

 

 

 

Name

:

Mr. Tutehau Martin

 

 

 

 

 

 

 

5

 

 

 

 

 

Personal Unique Identifier

:

MI03739194

 

 

 

Name

:

Ms. Carmen Frouge

 

 

 

 

 

 

 

6

 

 

 

 

 

Personal Unique Identifier

:

MI03739192

 

 

 

Name

:

Ms. Lowaina Ribet

 

 

 

 

 

 

 

7

 

 

 

 

 

Personal Unique Identifier

:

MI03739191

 

 

 

Name

:

Ms. Maewa Rouleau

 

 

 

 

Based on corporate statutory laws / regulations in French Polynesia, there is no requirement for public disclosure of Directors. In this case, the Directors information was supplied by the Subject Business Entity.
However in the absence of data normally obtained from local Statutory Authorities, it is not possible to verify the accuracy of data supplied and hence is provided as reference ONLY.

 

NEGATIVE INFORMATION

 

 

REPUTATION

 

Reference checking for the purpose of establishing BRASSERIE DE TAHITI SA's reputation within the respective industry failed to reveal any adverse information.

 

 

NEGA-SCAN - ADVERSE DATA MONITORING

 

 

DISHONORED CHECKS

 

No Record Found

 

 

DEBT

 

No Record Found

 

 

CIVIL LITIGATION

 

No Record Found

 

 

PERFORMANCE DEFAULTS

 

No Record Found

 

 

ADVERSE LOCAL MEDIA COVERAGE / ADVERSE FILING HISTORY

 

No Record Found

 

 

 

SHARE & SHARE CAPITAL INFORMATION

 

 

CAPITAL (Currency: XPF - CFP Francs)

 

SHAREHOLDERS

 

Total number of shareholders

:

n/a

Total number of shares

:

n/a

 

Currency

:

XPF - CFP Francs

 

No.

Shareholders

Country

Shares

Number

Amount (XPF)

%

1

MR. TUTEHAU MARTIN & FAMILY

French Polynesia

n/a

n/a

n/a

2

Mr. Jean-Pierre Fourcade

France

n/a

n/a

n/a

Total

n/a

n/a

n/a

 

 

Based on corporate statutory laws / regulations in French Polynesia, there is no requirement for public disclosure of Shareholders. In this case, the Shareholders information was supplied by the Subject Business Entity.

However in the absence of data normally obtained from local Statutory Authorities, it is not possible to verify the accuracy of data supplied and hence is provided as reference ONLY.

 

PAYMENT INFORMATION

 

 

PAYMENT TERMS

 

Selling

 

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~60 days

Export

Letter of Credit (At-sight)

Telegraphic Transfer (T/T) - Received at time of transaction

 

Purchasing

 

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~60 days

Import

Letter of Credit (At-sight)

Telegraphic Transfer (T/T) - Executed at time of transaction

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

 

RELATED PARTIES (Subsidiaries , Joint-ventures & Affiliates)

 

 

 

The following provides a summary of the number of businesses that are related to BRASSERIE DE TAHITI SA:

 

 

TYPE

DOMESTIC

TOTAL

Subsidiaries

2

Joint-Ventures

-

Minority shareholdings

-

Affiliates

1

Liaison / Representative Offices

-

 

 

Domestic

 

 

 

Business Entity Name

:

SOCIETE CIVILE PROFESSIONNELLE EMAR EURL

Global Identifier

:

P3064092

Country

:

French Polynesia

Relationship

:

Affiliate

Primary Business Activity

:

Service

Industry

:

Professional Services

 

 

 

 

 

Business Entity Name

:

SOCIETE D' EMBALLAGES PLASTIQUES ET DE RECYCLAGE DIVERS SA

Global Identifier

:

P0717016

Country

:

French Polynesia

Relationship

:

Subsidiary

Operational Address

:

Vallee de Tipaerui, Papeete, Tahiti 98713

Primary Business Activity

:

Manufacturer

Industry

:

Plastics & Products

 

 

 

 

 

Business Entity Name

:

SOCIETE DE DISTRIBUTION AUTOMATIQUE SA

Global Identifier

:

P0717019

Country

:

French Polynesia

Relationship

:

Subsidiary

Operational Address

:

PO Box 20711, Papeete, Tahiti

Primary Business Activity

:

Trader

Industry

:

Beverages

 

 

 

FINANCIAL INFORMATION

 

Financials - Summary  (Currency: USD - US Dollar)

 

Year

Sales

Assets

Net Income

1998 Annual  

86,122,315

n/a

n/a

1999 Annual  

94,843,563

n/a

n/a

2012 Annual (*)

138,317,030

n/a

n/a

 

Note: (*)

Financials listed are the most recent available for this company.

 

 

FINANCIALS - SUMMARY (Currency: USD - US Dollar)

 

Year

Sales

Assets

Net Income

1997 Annual

65,409,354

n/a

n/a

 

 

FINANCIAL STATEMENT - DETAILED

 

Income Statement

 

Currency

:

XPF

Denomination

:

1

Financial Year Ending

:

December

 

Financial Highlights

2012 Annual

Turnover

12,443,000,000

 

Based on the corporate laws of French Polynesia, legal entities which are Private Company with Limited Liability are not required to make public disclosure of their annual financials. Although basic financials were obtained for reference.

 

FOREIGN EXCHANGE RATES

 

Today's Exchange rate

:

1.00 XPF
CFP Francs

=

0.011476 USD
United States Dollars

 

ADDITIONAL INFORMATION

 

Primary Products

Products / Materials / Services Description

Activity

Alcoholic beverages

Manufacturing, Exporting

Beer

Manufacturing, Exporting

Fruit juices

Manufacturing, Exporting

Mineral water

Manufacturing, Exporting

Non-alcoholic beverages

Manufacturing, Exporting

 

International Trade - Statistics  (Currency: USD - US Dollar)

Year

Imports

Exports

Total

2012

n/a

136,873,000

136,873,000

 

 

SIC PRODUCT CLASSIFICATION & ACTIVITY

 

 

 

Product/Service Description

Code

Activity

Beer & Ale

5181

Manufacturing, Exporting

Bottled and canned soft drinks and carbonated waters

2086

Manufacturing, Exporting

Frozen fruits, fruit juices, and vegetables

2037

Manufacturing, Exporting

Malt beverages

2082

Manufacturing, Exporting

Wine/Distilled Alcohol Bev

5182

Manufacturing, Exporting

 

 

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

 

 

 

Product/Service Description

Code

Activity

Beer made from malt

2203

Manufacturing, Exporting

Beverages, spirits & vinegar

2200

Manufacturing, Exporting

Carbonated soft drinks

2202100030

Manufacturing, Exporting

Fruit juices (& grape must) & veg juice, no spirit

2009

Manufacturing, Exporting

Fruit or vegetables juices, fortified with vitamins or minerals

2202903900

Manufacturing, Exporting

Mineral waters and aerated waters, natural or artificial, not sweetened or flavored

2201100000

Manufacturing, Exporting

Other spirituous beverages

2208907500

Manufacturing, Exporting

Waters, sweetened etc & other nonalc beverages

2202

Manufacturing, Exporting

 

 

 

DETAILED PRODUCT CLASSIFICATION & ACTIVITY

 

 

 

Products / Materials / Services Description

Ranking

Activity

Soft drinks

Primary

Manufacturing, Exporting

 

 

 

CORE BUSINESS DESCRIPTION

 

 

 

Core Business

 

The primary business focus of BRASSERIE DE TAHITI SA is Manufacturing - Finished products.

Key products include :

  • Beer
  • Fruit juices
  • Alcoholic beverages
  • Mineral water
  • Non-alcoholic beverages
  • Soft drinks


An integral part of the core business includes:

  • Warehousing
  • Distribution

 

 

 

Supplementary Business

 

In addition to the core business, BRASSERIE DE TAHITI SA also is engaged in the following areas of business:

  1. Exporting
    • Exporting - Finished products
  2. Importing
    • Importing - Raw materials

 

 

 

DOMESTIC SALES & PURCHASES

 

 

 

Annual Sales Analysis

Percentage

Domestic Sales

99%

International Sales (Export)

1%

 

 

 

 

Annual Purchases Analysis

Percentage

Local Purchases

70%

Imports

30%

 

 

 

 

BRANDS & TRADEMARKS

 

 

 

Brands & Trademarks

Application Category

Aorai

n/a

Eau Royale

n/a

Hinano

n/a

 

 

 

OTHER LICENSES

 

 

 

Issuing Authority

:

Institut de Statistique de Polynesie Francaise (ISPF)

License Name

:

Statistics number

License Number

:

031195

Date of Issuance

:

6 Apr, 1987

 

 

 

 

BANK DETAILS

 

 

 

Bank Name

:

BANQUE DE TAHITI SA

Global Identifier

:

P0717046

Branch

:

Papeete

Branch Address

:

38 Rue Francois Cardella Papeete Tahiti 98713 (Head Office)

SWIFT Code

:

CEPAPFTP

 

Bank Name

:

WESTPAC BANKING CORP

Global Identifier

:

P0717045

SWIFT Code

:

This bank does not have a SWIFT Code

 

 

 

INTERNATIONAL TRADE - Activity & Markets

 

 

 

 

Country / Region

Estimated level of importance

Trading Activity

Asia / Pacific

Medium

Importing, Exporting

 

 

 

 

OFFICE & FACILITIES

 

The following information relates to the Business Entity's office as listed above:

 

Name

:

BRASSERIE DE TAHITI SA - PAPEETE, TAHITI

Primary Use

:

Office & Administration facilities

Address

:

17 Place Notre Dame, Papeete, Tahiti 98713

Country

:

French Polynesia

Status

:

Operational

 

 

 

 

WAREHOUSING FACILITIES

 

 

 

Name

:

BRASSERIE DE TAHITI SA - VAITAPE, BORA BORA

Address

:

Nunue, Vaitape, Bora Bora 98730

Country

:

French Polynesia

Status

:

Operational

 

Name

:

BRASSERIE DE TAHITI SA - UTOROA, RAIATEA

Address

:

Utoroa, Raiatea 98735

Country

:

French Polynesia

Status

:

Operational

 

Name

:

BRASSERIE DE TAHITI SA - HUAHINE

Address

:

Fare, Huahine 98731

Country

:

French Polynesia

Status

:

Operational

 

 

 

FACTORIES, SIZE, & LOCATIONS

 

The following information relates to the Business Entity's factories as listed above:

 

Name

:

BRASSERIE DE TAHITI SA - ARUE

Address

:

Arue 98701

Other Use

:

Warehousing

Status

:

Operational

 

Name

:

BRASSERIE DE TAHITI SA - PUNAAUIA

Address

:

Zone Industrielle de la Punaruu, Punaauia 98718

Status

:

Operational

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.60.19

UK Pound

1

Rs.103.14

Euro

1

Rs.81.66

                

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.