MIRA INFORM REPORT

Report Date :

17.07.2014

IDENTIFICATION DETAILS

Name :	OOO YUNIS
Registered Office :	alleya ZHemchugovoy d 5, korp 2, 111402 g Moskva
Country :	Russia
Date of Incorporation :	04.05.2011
Com. Reg. No.:	1117746357519
Legal Form :	Limited Liability Companies
Line of Business :	· Engaged in Sales of Roll Materials (Paper, Cardboard, Different Types of Films, Foils & Buflen) · Manufacturer of paper and paperboard · Manufacturer of articles of paper and paperboard · Manufacturer of household and Sanitary Goods and of Toilet Requisites · Wholesaler of machinery and equipment’s · Wholesaler of Electrical Household Appliances as well as radio and television goods · Wholesaler of Household Goods · Wholesaler of Food · Engaged in Storage and warehousing
No. of Employees	Not available

RATING & COMMENTS

MIRA’s Rating :

Ca

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Moderate
Payment Behaviour :	Unknown
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)
Russia	A2	A2

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

Russia ECONOMIC OVERVIEW

Russia has undergone significant changes since the collapse of the Soviet Union, moving from a globally-isolated, centrally-planned economy towards a more market-based and globally-integrated economy, but stalling as a partially reformed, statist economy with a high concentration of wealth in officials' hands. Economic reforms in the 1990s privatized most industry, with notable exceptions in the energy and defense-related sectors. The protection of property rights is still weak and the private sector remains subject to heavy state interference. Russia is one of the world's leading producers of oil and natural gas and is also a top exporter of metals such as steel and primary aluminum. Russia's manufacturing sector is generally uncompetitive on world markets and is geared toward domestic consumption. Russia's reliance on commodity exports makes it vulnerable to boom and bust cycles that follow the volatile swings in global prices. The economy, which had averaged 7% growth during 1998-2008 as oil prices rose rapidly, was one of the hardest hit by the 2008-09 global economic crisis as oil prices plummeted and the foreign credits that Russian banks and firms relied on dried up. Slowly declining oil prices over the past few years and difficulty attracting foreign direct investment have contributed to a noticeable slowdown in GDP growth rates. In late 2013, the Russian Economic Development Ministry reduced its growth forecast through 2030 to an average of only 2.5% per year, down from its previous forecast of 4.0 to 4.2%. In 2014, following Russia's military intervention in Ukraine, prospects for economic growth declined further, with expections that GDP growth could drop as low as zero.

Source : CIA

Company name & address

OOO "YUnis"
alleya ZHemchugovoy d 5, korp 2, 
111402 g Moskva 

Company summary

Legal form	Limited liability companies (OOO)
Established on		04/05/2011 - Limited liability companies (OOO)

Registered on	04/05/2011, Mezhrayonnaya inspektsiya Federalnoy nalogovoy sluzhby № 46 po g. Moskve,  RegNr.: 1117746357519 Tax number: 7720717394 Statistical number: 91549022
Registered capital		RUB	10 000,-

Owner	Denis Borisovich SHpak		%	100
Sole Executive Body		Denis Borisovich SHpak Managing director

General data	Main activity: Sales of roll materials (paper, cardboard, different types of films, foils & buflen.). The company operates under trading name YUNICE.
		Full name: Obshchestvo s ogranichennoy otvetstvennostyu "YUnis"

Short name:
OOO "YUnis"

	Residence address: alleya ZHemchugovoy d 5, korp 2, 111402 g Moskva
Other activities

Manufacture of paper and paperboard

Manufacture of articles of paper and paperboard

Manufacture of household and sanitary goods and of toilet requisites

Wholesale on a fee or contract basis

Agents specializing in the sale of particular products or ranges of products n.e.c.

Agents specializing in the sale of particular products or ranges of products n.e.c.

Agents involved in the sale of a variety of goods

Wholesale of food

Wholesale of household goods

Wholesale of electrical household appliances as well as radio and television goods

Wholesale of non-agricultural intermediate products

Wholesale of other intermediate products

Wholesale of machinery and equipment’s

Other wholesale trade

Other retail sale of new goods in specialized stores

Cargo handling

Storage and warehousing

	Activities of other transport agencies
Remarks		Due to the reason that the financial statement of OOO “Yunis” is not disclosed, as well as contact telephone numbers, there is possibility that the company is not-active. During the research the following telephone number of the company has been checked: + 7 (495) 176-16-17 – the number is busy. The company does not provide any other contact information in open sources. According to the research, the affiliation through the director of OOO “Yunis”, Denis Borisovich Shpak, with other legal persons has not been revealed. OOO “Yunis” has not participated in court cases. According to the information, disclosed by the Federal Tax Service, OOO “Yunis” does not have tax arrears, the company is not going to be excluded from the state register as non-active. According to the information, disclosed by the Pension Fund of Russian Federation, OOO “Yunis” does not have delays in social payments. According to the information, disclosed by the Federal Labor Service, OOO “Yunis” does not plan to attract foreign employees. According to the research, OOO “Yunis” meet some of the most frequently encountered in practice characteristics of unreliable companies (so-called “shell” companies), developed by the Federal Tax Service of Russian Federation: - the legal address of the company is the place of "mass" registration – 347 companies are registered at the same address as the subject; - the ground capital of the company is equaled to the fixed minimum amount of ground capital of OOO; - OOO “Yunis” does not provide financial statement to statistical agencies. OOO “Yunis” is not in the list of default debtors, the Register of unfair suppliers, the blacklist of Russian companies. The management of the company is not in the list of default debtors, the register of disqualified persons, the blacklist of Russian Private Persons.

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 :	SUB
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%)

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