|
Report Date : |
17.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
ZOLLERN GMBH & CO. KG |
|
|
|
|
Registered Office : |
Hitzkofer Str. 1, D 72517 Sigmaringendorf, Post Box: 12 20, D 72481 Sigmaringen |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.01.2014 |
|
|
|
|
Date of Incorporation : |
1708 |
|
|
|
|
Com. Reg. No.: |
HRA 710542 |
|
|
|
|
Legal Form : |
Ltd partnership with priv. ltd.
company as general partner |
|
|
|
|
Line of Business : |
·
Casting of
iron ·
Casting of
non-ferrous metals |
|
|
|
|
No. of Employees : |
3,027 |
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 – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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, has contributed to strong growth 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 5.3% in 2013. The new German government introduced a minimum wage of $11 per hour to take effect in 2015. 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 and 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. 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 |
ZOLLERN GMBH & CO. KG
Company Status: active
Hitzkofer Str. 1
D 72517 Sigmaringendorf
Post Box:
12 20, D 72481 Sigmaringen
Telephone:07571/700
Telefax:
07571/70602
Homepage: www.zollern.de
E-mail:
info@zollern.de
VAT no.: DE146841991
Tax ID number: 85081/00101
Business relations are permissible.
LEGAL FORM Ltd partnership with priv. ltd. company
as general partner
Date of foundation: 1708
Registered on: 20.06.1989
Register of
companies: Local
court 89073 Ulm
under: HRA
710542
Total cap. contribution: EUR 18,406,507.72
Limited
partner:
Karl Friedrich Fürst von
Hohenzollern
Karl-Anton-Platz 2
D 72488 Sigmaringen
born: 20.04.1952
Share: EUR 9,203,253.86
Limited
partner:
Ludwig Kurt Merckle
Am Hochsträß 111
D 89081 Ulm
born: 08.06.1965
Share: EUR 9,203,253.86
General
partner:
Fürstlich
Hohenzollernsche Beteiligungs-GmbH
Hitzkofer Str. 1
D 72517 Sigmaringendorf
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered on: 14.07.1971
Reg. data: 89073 Ulm, HRB
710047
Shareholder:
Zollern GmbH & Co. KG
Hitzkofer Str. 1
D 72517 Sigmaringendorf
Post Box:
12 20, D 72481
Sigmaringen
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 18,406,507.72
contribution:
Share: EUR 25,564.59
Registered on:
20.06.1989
Reg. data: 89073 Ulm, HRA
710542
Manager:
Dr.-Ing. Klaus Friedrich
Erkes
Auf der Alm 10 a
D 52159 Roetgen
having sole power of representation
born: 09.06.1958
Profession: graduate
engineer
Marital status: married
Proxy:
Siegfried Briesemeister
Schauberthalde 11
OT Rulfingen
D 88512 Mengen
authorized to jointly
represent the company
born: 30.08.1956
Marital status: married
Proxy:
Richard Conzelmann
Sutorstr. 24
D 72488 Sigmaringen
authorized to jointly
represent the company
born: 28.08.1957
Proxy:
Hans-Peter Wolf
Antonstr. 6
D 72488 Sigmaringen
born: 29.11.1962
Marital status: married
Proxy:
Detlef Schmidt
Diepoldsweg 4
OT Schienen
D 78337 Öhningen
authorized to jointly
represent the company
born: 02.12.1952
Proxy:
Dr. Helmut Wilhelm Esch
Lazarettgarten 19
D 76829 Landau
authorized to jointly
represent the company
born: 09.07.1953
Proxy:
Roland Straub
D 91238 Offenhausen
authorized to jointly
represent the company
born: 21.11.1958
Proxy:
Ascan René Wacker
D 89518 Heidenheim
authorized to jointly
represent the company
born: 17.11.1967
Proxy:
Raik Flämig
D 09212
Limbach-Oberfrohna
authorized to jointly
represent the company
born: 13.05.1971
Proxy:
Manfred Müller
D 88512 Mengen
authorized to jointly
represent the company
born: 30.12.1966
Proxy:
Bernd Pröbstle
D 88515 Langenenslingen
authorized to
jointly represent the company
born: 04.02.1973
Proxy:
Siegfried Briesemeister
Schauberthalde 11
OT Rulfingen
D 88512 Mengen
authorized to jointly
represent the company
born: 30.08.1956
Marital status: married
Proxy:
Richard Conzelmann
Sutorstr. 24
D 72488 Sigmaringen
authorized to jointly
represent the company
born: 28.08.1957
Proxy:
Hans-Peter Wolf
Antonstr. 6
D 72488 Sigmaringen
born: 29.11.1962
Marital status: married
Proxy:
Detlef Schmidt
Diepoldsweg 4
OT Schienen
D 78337 Öhningen
born: 02.12.1952
Proxy:
Dr. Helmut Wilhelm Esch
Lazarettgarten 19
D 76829 Landau
authorized to jointly
represent the company
born: 09.07.1953
Proxy:
Roland Straub
D 91238 Offenhausen
authorized to jointly
represent the company
born: 21.11.1958
Proxy:
Ascan René Wacker
D 89518 Heidenheim
authorized to jointly
represent the company
born: 17.11.1967
Proxy:
Raik Flämig
D 09212
Limbach-Oberfrohna
authorized to jointly
represent the company
born: 13.05.1971
Proxy:
Manfred Müller
D 88512 Mengen
authorized to jointly
represent the company
born: 30.12.1966
Proxy:
Bernd Pröbstle
D 88515 Langenenslingen
authorized to jointly
represent the company
born: 04.02.1973
20.06.1989 - 02.09.2002 Fürstlich Hohenzollernsche Werke
Laucherthal GmbH
& Co.
Hitzkofer Str.
D 72517
Sigmaringendorf
Ltd partnership with
priv. ltd. company
as general partner
02.09.2002 - 09.06.2004 Fürstlich Hohenzollernsche Werke
Laucherthal GmbH
& Co. KG
Hitzkofer Str. 1
D 72517
Sigmaringendorf
Ltd partnership with priv. ltd. company
as general partner
Main
industrial sector
2451
Casting of iron
24540
Casting of non-ferrous metals
Works:
Zollern GmbH & Co. KG
Heustr. 1
D 88518 Herbertingen
TEL.: 07586/959-0
Limited
partner:
Zollern BHW Gleitlager
GmbH & Co. KG
Alte Leipziger Str. 2
D 38124 Braunschweig
Post Box:
32 13
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status:
active
Total cap. EUR 3,037,073.77
contribution:
Share: EUR 3,037,073.77
Reg. data: 01.10.1997
Local court
38100 Braunschweig
HRA 10066
Limited
partner:
Zollern Soest Grundstücks
GmbH &
Co.Verwaltungs KG
Hitzkofer Str. 1
D 72517 Sigmaringendorf
Post Box:
12 20
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 920,325.39
contribution:
Share: EUR 920,325.39
Reg. data: 09.10.1968
Local court 89073 Ulm
HRA 710186
Limited
partner:
Zollern BHW
Grundstücksgesellschaft mbH &
Co. Verwaltungs-KG
Heustr. 1
D 88518 Herbertingen
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 511,291.88
contribution:
Share: EUR 511,291.88
Reg. data: 21.03.1997
Local court
89073 Ulm
HRA 560724
Limited
partner:
Zollern
Aluminium-Feinguss Soest GmbH & Co.
KG
Overweg 15
D 59494 Soest
Legal form: Ltd
partnership with priv. ltd.
company
as general partner
Company Status: active
Total cap. EUR 500,000.00
contribution:
Share: EUR 500,000.00
Reg. data: 26.07.2006
Local court
59821 Arnsberg
HRA 6199
Limited
partner:
Dorstener Antriebstechnik
GmbH & Co. KG
Hüttenstr. 1
D 46284 Dorsten
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 500,000.00
contribution:
Share: EUR 500,000.00
Reg. data: 24.04.2002
Local court
45879 Gelsenkirchen
HRA 3022
Limited
partner:
Zollern
Maschinenbauelemente GmbH & Co. KG
Sandweg 60
D 88326 Aulendorf
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 500,000.00
contribution:
Share: EUR
500,000.00
Reg. data: 28.03.2007
Local court
89073 Ulm
HRA 720436
Shareholder:
Zollern Flugdienste GmbH
Hitzkofer Str. 1
D 72517 Sigmaringendorf
Post Box:
1220
Legal form: Private
limited company
Company Status: active
Share capital: EUR 92,032.54
Share: EUR 92,032.54
Reg. data: 04.01.1978
Local court
89073 Ulm
HRB 710180
Shareholder:
Friedrich Blickle &
Co. GmbH
Flandernstr. 86
D 72474 Winterlingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 35,000.00
Share: EUR 35,000.00
Reg. data: 21.06.1979
Local court
70190 Stuttgart
HRB 400351
Shareholder:
Cable-Connect GmbH
Rhenaniastr. 32-38
D 68199 Mannheim
Legal form: Private
limited company
Company Status: active
Share capital: EUR 26,000.00
Share: EUR 26,000.00
Reg. data: 17.06.2009
Local court
68159 Mannheim
HRB 706941
Shareholder:
Zollern Soest Grundstücks
GmbH
Hitzkofer Str. 1
D 72517 Sigmaringendorf
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,564.59
Share: EUR 25,564.59
Reg. data: 14.07.1966
Local court
89073 Ulm
HRB 710024
Shareholder:
Fürstlich
Hohenzollernsche Beteiligungs-GmbH
Hitzkofer Str. 1
D 72517 Sigmaringendorf
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,564.59
Share: EUR 25,564.59
Reg. data: 14.07.1971
Local
court 89073 Ulm
HRB 710047
Shareholder:
Zollern BHW Gleitlager
GmbH
Heustr. 1
D 88518 Herbertingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,564.59
Share: EUR 25,564.59
Reg. data: 28.11.1996
Local court
89073 Ulm
HRB 560562
Shareholder:
Zollern BHW
Grundstücksgesellschaft mbH
Heustr. 1
D 88518 Herbertingen
Legal form:
Private limited company
Company Status: active
Share capital: EUR 25,564.59
Share: EUR 25,564.59
Reg. data:
28.11.1996
Local court
89073 Ulm
HRB 560563
Shareholder:
Zollern Antriebstechnik
Beteiligungs GmbH
Hitzkofer Str. 1
D 72517 Sigmaringendorf
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,564.59
Share: EUR 25,564.59
Reg. data: 06.07.2009
Local court
89073 Ulm
HRB 723804
Shareholder:
Zollern
Aluminium-Feinguss Soest
Verwaltungs-GmbH
Overweg 15
D 59494 Soest
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 13.07.2006
Local court
59821 Arnsberg
HRB 7577
Shareholder:
Dorstener Antriebstechnik
GmbH
Hüttenstr. 1
D 46284 Dorsten
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 25.04.2002
Local court
45879 Gelsenkirchen
HRB 6389
Shareholder:
Zollern Maschinenbauelemente
Verwaltungs
GmbH
Hitzkofer Str. 1
D 72517 Sigmaringendorf
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 21.03.2007
Local court
89073 Ulm
HRB 720812
Payment experience: takes
advantage of cash discount
Negative information: We have no negative information at hand.
Balance sheet year: 2013/2014
Type of ownership: proprietor
Share: 100.00 %
Address Hitzkofer Str. 1
D 72517 Sigmaringendorf
Land register documents were not available.
Principal
bank
COMMERZBANK, 72426 ALBSTADT, WÜRTT
Sort. code: 65340004
BIC: COBADEFFXXX
Further
banks
SÜDWESTBANK, 72486 SIGMARINGEN
Sort. code: 60090700
BIC: SWBSDESSXXX
DEUTSCHE BANK, 88183 RAVENSBURG, WÜRTT
Sort. code: 65070084
BIC: DEUTDESS650
UNICREDIT BANK - HYPOVEREINSBANK, 78402
KONSTANZ
Sort.
code: 69020190
BIC: HYVEDEMM591
HOHENZ LANDESBANK KREISSPARKASSE SIGMARINGEN,
72484 SIGMARINGEN
Sort. code: 65351050, Account no.: 801144
BIC: SOLADES1SIG, IBAN: DE29653510500000801144
LANDESBANK
BADEN-WÜRTTEMBERG/BADEN-WÜRTTEMBERGISCHE BANK, 70144
STUTTGART
Sort. code: 60050101
BIC: SOLADEST600
Turnover: 2011/2012 EUR 570,643,253.00
2012/2013 EUR 560,730,390.00
2013/2014 EUR 528,268,724.00
Profit: 2011/2012 EUR 29,090,758.00
2012/2013 EUR 30,698,944.00
2013/2014 EUR 31,084,265.00
further business figures:
Equipment: EUR 16,696,822.00
Ac/ts receivable: EUR 85,084,524.00
Liabilities: EUR
79,595,425.00
Employees:
3,027
- thereof permanent staff: 3,027
Balance sheet ratios 01.02.2013 - 31.01.2014
Equity ratio [%]: 44.26
Liquidity ratio: 1.36
Return on total capital [%]: 8.94
Balance sheet ratios 01.02.2012 - 31.01.2013
Equity ratio [%]: 41.81
Liquidity ratio: 1.05
Return on total capital [%]: 8.41
Balance sheet ratios 01.02.2011 - 31.01.2012
Equity ratio [%]: 30.78
Liquidity ratio: 0.72
Return on total capital [%]: 7.20
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: 01.02.2013 - 31.01.2014
ASSETS EUR 349,193,441.27
Fixed assets
EUR 92,274,688.34
Intangible assets
EUR 2,590,664.57
Concessions, licences, rights
EUR 1,228,586.91
Goodwill
EUR 1,342,393.00
Advance payments for intang. assets
EUR 19,684.66
Tangible assets
EUR 89,296,233.72
Land / similar rights
EUR 42,987,533.41
Plant / machinery
EUR 27,255,757.20
Other tangible assets / fixtures and
fittings
EUR 16,696,822.13
Advance payments made / construction
in progress
EUR 2,356,120.98
Financial assets
EUR 387,790.05
Shares in participations /
subsidiaries and the like
EUR 327,840.00
Shares in investee companies
EUR 327,840.00
Securities included in fixed assets
EUR 16,664.00
Other loans EUR 43,286.05
Current assets
EUR 255,783,882.18
Stocks
EUR 159,914,176.95
Raw materials, consumables and
supplies
EUR 71,769,406.17
Finished goods / work in progress
EUR 87,521,451.87
Advance payments made
EUR 623,318.91
Accounts receivable
EUR 85,084,524.02
Trade debtors EUR 78,219,253.12
Other debtors and assets
EUR 6,865,270.90
Liquid means
EUR 10,785,181.21
Remaining other assets
EUR 1,134,870.75
Accruals (assets) EUR 1,134,870.75
LIABILITIES EUR 349,193,441.27
Shareholders' equity
EUR 149,034,961.14
Capital
EUR 21,452,559.13
Limited partner's capital / capital
of partially liable partner (LP)
EUR 18,406,507.72
Limited partner's capital, fixed
capital, capital account I
EUR 18,406,507.72
Other capital
EUR 3,046,051.41
Reserves
EUR 127,462,753.91
Retained earnings / revenue reserves EUR 127,462,753.91
Third party shares (+/-)
EUR 119,648.10
Provisions
EUR 118,735,748.82
Pension provisions and comparable
provisions
EUR 69,589,647.69
Provisions for taxes
EUR 5,092,842.25
Other / unspecified provisions
EUR 44,053,258.88
Liabilities
EUR 79,595,425.04
Financial debts
EUR 30,297,414.73
Liabilities due to banks
EUR 30,297,414.73
Other liabilities
EUR 49,298,010.31
Trade creditors (for IAS incl. bills
of exchange)
EUR 27,384,933.05
Liabilities from received advance
payments
EUR 9,967,379.35
Liabilities due to shareholders
EUR 6,273,868.88
Unspecified other liabilities
EUR 5,671,829.03
thereof liabilities from tax /
financial authorities
EUR 3,275,690.65
thereof liabilities from social
security
EUR 221,608.64
Other liabilities
EUR 1,827,306.27
Deferrals (liabilities)
EUR 496,706.27
Deferred taxes (not included under
provisions/liabilities)
EUR 1,330,600.00
PROFIT AND
LOSS ACCOUNT (cost-summary method) according to Comm. Code (HGB)
Sales
EUR 528,268,724.42
Inventory change + own costs (+/-)
EUR -6,194,542.60
Inventory change (+/-)
EUR -6,194,542.60
Other operating income
EUR 9,865,854.70
Cost of materials
EUR 252,275,864.18
Raw materials and supplies, purchased
goods
EUR 219,087,070.62
Purchased services
EUR 33,188,793.56
Gross result (+/-)
EUR 279,664,172.34
Staff expenses
EUR 167,434,078.12
Wages and salaries
EUR 138,539,783.19
Social security contributions and
expenses for pension plans and
benefits
EUR 28,894,294.93
Total depreciation EUR
17,096,198.34
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 17,096,198.34
Other operating expenses
EUR 50,904,068.81
Operating result from continuing
operations
EUR 44,229,827.07
Expenses for the transfer of losses
EUR 34,217.29
Interest result (+/-)
EUR -5,541,367.33
Interest and similar income EUR 118,947.32
Interest and similar expenses
EUR 5,660,314.65
Financial result (+/-)
EUR -5,575,584.62
Result from ordinary operations (+/-)
EUR 38,654,242.45
Income tax / refund of income tax (+/-)EUR -6,642,227.25
Other taxes / refund of taxes
EUR -927,750.27
Tax (+/-)
EUR -7,569,977.52
Annual surplus / annual deficit
EUR 31,084,264.93
Type of
balance sheet: Company
balance sheet
Financial
year: 01.02.2012 - 31.01.2013
ASSETS EUR 365,997,474.69
Fixed assets
EUR 96,452,697.21
Intangible assets
EUR 2,424,915.64
Concessions, licences, rights
EUR 1,679,817.20
Goodwill
EUR 745,098.44
Tangible assets
EUR 93,592,019.29
Land / similar rights
EUR 45,167,511.41
Plant / machinery
EUR 28,556,780.30
Other tangible assets / fixtures and
fittings
EUR 18,872,106.56
Advance payments made / construction
in progress
EUR 995,621.02
Financial assets
EUR 435,762.28
Shares in participations /
subsidiaries and the like
EUR 327,840.00
Shares in investee companies
EUR 327,840.00
Securities included in fixed assets
EUR 16,664.00
Other loans
EUR 91,258.28
Current assets
EUR 268,258,816.92
Stocks
EUR 165,367,370.98
Raw materials, consumables and
supplies
EUR 70,053,141.66
Finished goods / work in progress
EUR 93,715,994.47
Advance payments made
EUR 1,598,234.85
Accounts receivable
EUR 92,543,438.51
Trade debtors
EUR 86,143,295.65
Other debtors and assets
EUR 6,400,142.86
Liquid means EUR 10,348,007.43
Remaining other assets
EUR 1,285,960.56
Accruals (assets)
EUR 1,027,460.56
Deferred taxes (assets)
EUR 258,500.00
LIABILITIES EUR 365,997,474.69
Shareholders' equity
EUR 135,302,547.94
Capital
EUR 22,234,945.94
Limited partner's capital / capital
of partially liable partner (LP) EUR
18,406,507.72
Limited partner's capital, fixed
capital, capital account I
EUR 18,406,507.72
Other capital
EUR 3,828,438.22
Reserves EUR 113,041,996.70
Retained earnings / revenue reserves EUR 52,571,903.71
Other / unspecified reserves
EUR 60,470,092.99
Balancing item / Comprehensive Income
(+/-) EUR 25,605.30
Balance sheet profit/loss (+/-)
EUR 0.00
Annual surplus / annual deficit
EUR 30,698,943.53
Transfer to reserve
EUR -12,458,887.70
withdrawn/distributed
EUR 18,240,055.83
Provisions
EUR 113,109,321.11
Pension provisions and comparable
provisions
EUR 66,686,837.18
Provisions for taxes
EUR 3,805,546.58
Other / unspecified provisions
EUR 42,616,937.35
Liabilities
EUR 117,163,689.88
Financial debts
EUR 48,577,237.29
Liabilities due to banks
EUR 48,577,237.29
Other liabilities
EUR 68,586,452.59
Trade creditors (for IAS incl. bills
of exchange)
EUR 29,989,397.79
Liabilities from received advance
payments EUR 10,095,257.25
Liabilities due to shareholders
EUR 18,306,110.18
Unspecified other liabilities
EUR 10,195,687.37
thereof liabilities from tax /
financial authorities
EUR 4,218,205.13
thereof liabilities from social
security
EUR 181,138.82
Other liabilities
EUR 421,915.76
Deferrals (liabilities)
EUR 421,915.76
PROFIT AND
LOSS ACCOUNT (cost-summary method) according to Comm. Code (HGB)
Sales EUR 560,730,389.72
Inventory change + own costs (+/-)
EUR -7,481,062.93
Inventory change (+/-)
EUR -7,481,062.93
Other operating income
EUR 17,644,940.92
Cost of materials
EUR 277,754,568.15
Raw materials and supplies, purchased
goods EUR 240,191,458.18
Purchased services
EUR 37,563,109.97
Gross result (+/-)
EUR 293,139,699.56
Staff expenses
EUR 169,831,520.44
Wages and salaries
EUR 140,373,846.35
Social security contributions and
expenses for pension plans and
benefits
EUR 29,457,674.09
Total depreciation
EUR 19,102,998.57
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 19,102,998.57
Other operating expenses
EUR 58,747,381.89
Operating result from continuing
operations
EUR 45,457,798.66
Interest result (+/-)
EUR -6,947,504.75
Interest and similar income
EUR 333,645.40
Interest and similar expenses
EUR 7,281,150.15
Financial result (+/-)
EUR -6,947,504.75
Result from ordinary operations (+/-)
EUR 38,510,293.91
Income tax / refund of income tax (+/-)EUR -7,038,154.27
Other taxes / refund of taxes
EUR -773,196.11
Tax (+/-)
EUR -7,811,350.38
Annual surplus / annual deficit
EUR 30,698,943.53
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.01 |
|
|
1 |
Rs.102.00 |
|
Euro |
1 |
Rs.81.25 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
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.