MIRA INFORM REPORT

Report Date :

13.03.2014

IDENTIFICATION DETAILS

Name :	CESAR COGGIOLA Y CIA. LTDA.

Registered Office :	Panamericana Norte 9245, Quilicura, Santiago, XIII Región Metroplitana

Country :	Chile

Date of Incorporation :	Not Available

Legal Form :	Limited Liability Company

Line of Business :	Importation and sale of marble and granite.

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

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 – September 30, 2013

Country Name

Previous Rating

(30.06.2013)

Current Rating

(30.09.2013)

Chile

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

CHILE - ECONOMIC OVERVIEW

Chile has a market-oriented economy characterized by a high level of foreign trade and a reputation for strong financial institutions and sound policy that have given it the strongest sovereign bond rating in South America. Exports of goods and services account for approximately one-third of GDP, with commodities making up some three-quarters of total exports. Copper alone provides 19% of government revenue. From 2003 through 2013, real growth averaged almost 5% per year, despite the slight contraction in 2009 that resulted from the global financial crisis. Chile deepened its longstanding commitment to trade liberalization with the signing of a free trade agreement with the US, which took effect on 1 January 2004. Chile has 22 trade agreements covering 60 countries including agreements with the European Union, Mercosur, China, India, South Korea, and Mexico. Chile has joined the United States and nine other countries in negotiating the Trans-Pacific-Partnership trade agreement. The Chilean Government has generally followed a countercyclical fiscal policy, accumulating surpluses in sovereign wealth funds during periods of high copper prices and economic growth, and generally allowing deficit spending only during periods of low copper prices and growth. As of 31 December 2012, those sovereign wealth funds - kept mostly outside the country and separate from Central Bank reserves - amounted to more than $20.9 billion. Chile used these funds to finance fiscal stimulus packages during the 2009 economic downturn. In May 2010 Chile signed the OECD Convention, becoming the first South American country to join the OECD.

Source : CIA

IDENTIFICATION

CORRECT COMPANY NAME	CESAR COGGIOLA Y CIA. LTDA.
TAXPAYER REGISTRATION	RUT 00770475406
MAIN ADDRESS	Panamericana Norte 9245, Quilicura, Santiago
DEPT/PROV/REGION/STATE	XIII Región Metroplitana
COUNTRY	CHILE
TELEPHONE	(56) 6234139
CORPORATE E-MAIL	contacto@coggiola.cl
WEB	http://www.coggiola.cl/

EXECUTIVE SUMMARY

permanent employees	-
Chief Executive	COGGIOLLA, CESAR
Disposition	REPORT PREPARED FROM OUTSIDE SOURCES.
Payments policy	Without rating (No payment experience traced)
Number of times that this company was required: 2

REPUTATION

NOTHING AGAINST COMPANY

LEGAL STRUCTURE

LEGAL STATUS	Limited Liability Company
PLACE OF REGISTRY	Santiago
CURRENT EXCHANGE RATE (US$)	Ps$.558.06 per USD.1.00
COMMENTS
The incorporation date is unknown.

DIRECTORS - EXECUTIVES – SHAREHOLDERS

FULL NAMES / COMPANY NAME	TITLE	%PART.	SINCE
COGGIOLLA, CESAR	General Manager

WHO IS WHO?

COGGIOLLA, CESAR
TITLE	General Manager
NATIONALITY	Chilean

BUSINESS

SIC Classification

P - MATERIALES PARA LA CONSTRUCCION- FERRETERIA (Materiales para la construccion, cemento, yeso, arena, fierro de construccion, ferreteria, tuberia, ladrillos, pinturas)

Main activity

Importation and sale of marble and granite.

O P E R A T I O N S

Import

Yes

Country

China, Spain, Italy, India

ANNUAL Imports In US$ (CIF)

YEAR	AMOUNT
2013	556,149.03
2012	388,345.07
2011	378,348.75
2010	393,025.73

Export

SELLING TerritorY

Domestic market

EMPLOYEES

LOCATION
OTHER PREMISES	Commercial offices and warehouse operate at the above address.

FINANCIAL INFORMATION

Disposition	REPORT PREPARED FROM OUTSIDE SOURCES.
Information provided	This report has been prepared based on data collected from third-party sources as it was not possible to contact main executive of the Company.


SALES	US$ 0.00 ()
FINANCIAL SITUATION	UNDETERMINED No more information was found in private and/or public sources. This company is part of a strong competition sector.

TRADE REFERENCES, CREDIT BUREAU, LAWSUITS, BANKS

(Confidential Information)

TRADE REFERENCES

Note : Other suppliers did not provide information or could not be consulted

Supplier	Country
DHL	CHILE

CREDIT BUREAU COMMENTS

No restraints, claims, summons, bankruptcy, auctions, cancellation of accounts or payments in arrears were found against the Company.

GENERAL INFORMATION

Explanation about commercial reputation

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.61.09
UK Pound	1	Rs.101.59
Euro	1	Rs.84.65

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%)

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