|
Report Date : |
21.03.2014 |
IDENTIFICATION DETAILS
|
Name : |
SAMANCOR AG |
|
|
|
|
Registered Office : |
Jöchlerweg 2, 6340 Baar/ZG |
|
|
|
|
Country : |
Switzerland |
|
|
|
|
Financials (as on) : |
30.06.2012 |
|
|
|
|
Date of Incorporation : |
03.09.1979 |
|
|
|
|
Com. Reg. No.: |
170.3.012.805-1 / 57433 |
|
|
|
|
Legal Form : |
Company limited by shares |
|
|
|
|
Line of Business : |
Subject includes trading in commodities,
metals and petroleum. |
|
|
|
|
No. of Employees : |
12 |
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 – december 01, 2013
|
Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SWITZERLAND - ECONOMIC OVERVIEW
Switzerland is a peaceful, prosperous, and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies. The Swiss have brought their economic practices largely into conformity with the EU's to enhance their international competitiveness, but some trade protectionism remains, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of all Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled export demand and put Switzerland in a recession. The Swiss National Bank (SNB) during this period effectively implemented a zero-interest rate policy to boost the economy as well as prevent appreciation of the franc, and Switzerland's economy began to recover in 2010. The sovereign debt crises currently unfolding in neighboring euro-zone countries pose a significant risk to Switzerland's financial stability and are driving up demand for the Swiss franc by investors seeking a safe-haven currency. The independent SNB has upheld its zero-interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell below 2% per year during 2011-13. Switzerland has also come under increasing pressure from individual neighboring countries, the EU, the US, and international institutions to reform its banking secrecy laws. Consequently, the government agreed to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The government has renegotiated its double taxation agreements with numerous countries, including the US, to incorporate the OECD standard, and is considering the possibility of imposing taxes on bank deposits held by foreigners. These steps will have a lasting impact on Switzerland's long history of bank secrecy.
|
Source
: CIA |
Samancor AG
Operating address:
Jöchlerweg 2
6340 Baar/ZG
Switzerland/CH
Telephone: 041
7668080
Fax: 041
7668088
Web site: http://www.bhpbilliton.com
WIN Worldbox No.: CH0000348457
VAT-No.: CHE106142998
Established: 1987
Line of Business: Consumer goods wholesale
Industry Division: Wholesale trade
Industry-code (NACE): 4673 Wholesale of wood,
construction materials and sanitary equipment
4672 Wholesale of metals and
metal ores
Import/Export: Import, Export
Banks: unknown
Coverage: Company
Employees: 12
The business activities includes trading in
commodities, metals and petroleum.
Information on property ownership was not
available.
Company No: 170.3.012.805-1
/ 57433
Legal form: Company
limited by shares
Registration: 03.09.1979
Legal status: active
Responsible Register: Handelsregister des Kantons Zug (since 03.07.1987)
History: Date
of Statutes: 30.06.1994
Date of Statutes: 12.11.2013
Date of Statutes: 11.03.2010
Date of Statutes: 04.09.2006
Date of Statutes: 14.11.2002
Date of Statutes: 14.06.2001
Date of Statutes: 29.01.2001
Date of Statutes: 20.04.2000
Date of Statutes: 06.06.1995
Entry Deleted Name
25.04.2000 Samancor
AG
25.04.2000 Ferroalloys
Handels AG
25.04.2000 Ferroalloys
Commerce SA (Name translated)
25.04.2000 Ferroalloys
Trading Ltd (Name translated)
Entry Deleted Legal
domicile
30.01.2001 Baar,
Switzerland
30.01.2001 Zug,
Switzerland
Entry Deleted Address
30.01.2001 Jöchlerweg
2, 6340 Baar/ZG, Switzerland/CH
19.01.1998 Baarerstrasse
94, 6300 Zug/ZG, Switzerland/CH
19.01.1998 30.01.2001 Grafenauweg 6, 6301 Zug/ZG,
Switzerland/CH
Entry Deleted Capital
12.03.2010 Share
Capital CHF 33,300,000, paidup CHF 33,300,000
16.06.1995 Share
Capital CHF 14,600,000, paidup CHF 14,600,000
16.06.1995 12.03.2010 Share Capital CHF 15,300,000, paidup CHF
15,300,000
Entry Deleted Capital
Structure
14.11.2013 33,300
Registered shares with restricted transferability of CHF 1,000.--
16.06.1995 14,600
Bearer shares of CHF 1,000.--
12.03.2010 14.11.2013 19,980 Registered shares with restricted
transferability of CHF 1,000.--
12.03.2010 14.11.2013 13,320 Registered shares (preferred
shares) of CHF 1,000.--
18.06.2001 12.03.2010 9,180 Registered shares with restricted
transferability of CHF 1,000.--
18.06.2001 12.03.2010 6,120 Registered shares (preferred
shares) of CHF 1,000.--
16.06.1995 18.06.2001 15,300 Bearer shares of CHF 1,000.--
Entry Deleted Activity
(original Language)
14.09.2006 Vermarktung
von und Handel mit Produkten und Derivaten aller Art, insbesondere Produkten
und Derivaten von Rohstoffen, Metallen, Energie und anderen handelbaren
Erzeugnissen; kann Dienstleistungen im Zusammenhang mit diesen Tätigkeiten
erbringen, Geschäfte mit anderen Gesellschaften der BHP Billiton Gruppe
tätigen, namentlich Kredit an solche Gesellschaften ausrichten oder Garantien
und Bürgschaften zur Sicherstellung ihrer Verbindlichkeiten eingehen, andere
Unternehmungen erwerben, sich an ihnen beteiligen oder mit ihnen
zusammenschliessen sowie Liegenschaften erwerben.
18.06.2001 Handel
mit Rohstoffen, insbesondere Metallen sowie Im- und Export von Waren aller Art;
kann sich an anderen Unternehmungen beteiligen sowie gleichartige oder
verwandte Betriebe und Liegenschaften erwerben
18.06.2001 14.09.2006 Vertrieb sowie Ein- und Ausfuhr von
Metallen und mineralischen Produkten; kann sich an anderen Unternehmungen
beteiligen sowie gleichartige oder verwandte Betriebe und Liegenschaften
erwerben
Entry Deleted Remarks
(original Language)
active Publishing
authority: SHAB.
12.03.2010 Capital:
Ordentliche Kapitalerhöhung durch Verrechnung einer Forderung von CHF
64'440'000.00, wofür 10'800 Namenaktien zu CHF 1'000.00 und 7'200
Vorzugsnamenaktien zu CHF 1'000.00 ausgegeben werden.
12.03.2010 Reports:
Die Mitteilungen an die Aktionäre erfolgen durch Brief an die im Aktienbuch
verzeichneten Adressen.
12.03.2010 Shares:
Die Übertragbarkeit der Namenaktien ist nach Massgabe der Statuten beschränkt.
18.06.2001 14.11.2013 Shares: Vorrechte: Die
Namen-Vorzugsaktien sind hinsichtlich ihres Anspruches auf Dividende gemäss
näherer Umschreibung in den Statuten privilegiert.
Title Name
President Hans
Wille, Origin: Zürich, La Sagne, Switzerland, Residential address: Zollikon/ZH,
Switzerland, joint signature of two
Chief Executive Terence
George Malcolm Briant, Origin: United Kingdom, Residential address: Zug/ZG,
Switzerland, joint signature of two
Director Arnoud
Jonathan Balhuizen, Origin: Netherlands, Residential address: Houston, United
States of America, joint signature of two, Registered since: 05.06.2013
Director Peter
Healy, Finnimore, Origin: Australia, Residential address: Singapur, Singapore,
joint signature of two, Registered since: 05.06.2013
Director Pieter
Le Roux, Origin: South Africa, Residential address: Singapur, Singapore, joint
signature of two, Registered since: 24.08.2011
Director Rolf
Müller, Origin: Hünenberg, Switzerland, Residential address: Zug, Switzerland, joint
signature of two
Director Martin
Andreas Scherer, Origin: Wohlen AG, Switzerland, Residential address: Thalwil,
Switzerland, joint signature of two
Title Name
General Director Rolf
Müller, Origin: Hünenberg, Switzerland, Residential address: Zug, Switzerland,
joint signature of two
Member with signing authority Sara
Christina Schuler, Origin: Schwyz, Switzerland, Residential address: Brunnen,
Switzerland, joint signature of two, Registered since: 14.11.2011
Title Name
Auditor KPMG
AG, Residential address: Zug, Switzerland, Id: CH-170.9.000.370-3
Title Name
Chief Executive
Officer Rolf Müller
Consolidation: consolidated
Industry: Trade/Industry
|
Fiscal year end: |
30.06.2012 |
30.06.2011 |
30.06.2010 |
30.06.2009 |
30.06.2008 |
|
Number of months: |
12 |
12 |
12 |
12 |
12 |
|
Currency: |
mil. USD |
mil. USD |
mil. USD |
mil. USD |
mil. USD |
|
Remarks: |
|
|
|
|
restated |
Balance
Sheet
|
Intangible fixed assets |
5,112.0 |
1,456.0 |
687.0 |
661.0 |
625.0 |
|
Land and buildings |
27,669.0 |
18,148.0 |
|
|
|
|
Other tangible fixed assets |
67,578.0 |
49,797.0 |
|
|
|
|
Tangible fixed assets |
95,247.0 |
67,945.0 |
55,576.0 |
49,032.0 |
47,332.0 |
|
Financial fixed assets |
1,881.0 |
1,602.0 |
2,143.0 |
1,211.0 |
1,255.0 |
|
other fixed assets |
6,582.0 |
6,637.0 |
5,312.0 |
5,380.0 |
5,116.0 |
|
Fixed assets |
108,822.0 |
77,640.0 |
63,718.0 |
56,284.0 |
54,328.0 |
|
Stocks |
6,233.0 |
6,154.0 |
5,334.0 |
4,821.0 |
4,971.0 |
|
Trade accounts receivable |
4,723.0 |
6,068.0 |
|
|
|
|
Liquid assets |
4,781.0 |
10,084.0 |
12,456.0 |
10,833.0 |
4,237.0 |
|
other trade accounts |
4,714.0 |
2,974.0 |
|||
|
Other current assets |
9,495.0 |
13,058.0 |
|||
|
Current assets |
20,451.0 |
25,280.0 |
25,134.0 |
22,486.0 |
21,680.0 |
|
Total assets |
129,273.0 |
102,920.0 |
88,852.0 |
78,770.0 |
76,008.0 |
|
Capital |
2,255.0 |
2,253.0 |
|
|
|
|
Other shareholders funds |
63,615.0 |
54,509.0 |
|
|
|
|
Total shareholders equity |
65,870.0 |
56,762.0 |
48,525.0 |
39,954.0 |
38,335.0 |
|
Minority interests |
1,215.0 |
993.0 |
804.0 |
757.0 |
708.0 |
|
long term debt (financial debts) |
24,799.0 |
12,388.0 |
13,396.0 |
15,147.0 |
9,014.0 |
|
Provisions |
8,914.0 |
9,293.0 |
7,433.0 |
7,032.0 |
6,251.0 |
|
Other non current liabilities |
6,441.0 |
3,746.0 |
5,652.0 |
4,030.0 |
5,222.0 |
|
Non current liabilities |
40,154.0 |
25,427.0 |
26,481.0 |
26,209.0 |
20,487.0 |
|
short term debt (financial debts) |
3,531.0 |
3,519.0 |
|
|
|
|
Trade accounts payable |
8,727.0 |
6,667.0 |
|
|
|
|
Provisions |
2,784.0 |
2,256.0 |
|
|
|
|
other accounts payable |
6,992.0 |
7,296.0 |
|
|
|
|
other current liabilities |
9,776.0 |
9,552.0 |
|
|
|
|
Current liabilities |
22,034.0 |
19,738.0 |
13,042.0 |
11,850.0 |
16,478.0 |
|
Shareh. equity, min. interests +
liabilities |
129,273.0 |
102,920.0 |
88,852.0 |
78,770.0 |
76,008.0 |
Profit
and loss account
|
Sales |
72,226.0 |
71,739.0 |
|
|
|
|
Net sales |
72,226.0 |
71,739.0 |
52,798.0 |
50,211.0 |
59,473.0 |
|
Other operating revenue |
906.0 |
531.0 |
|
|
|
|
Operating revenue |
73,132.0 |
72,270.0 |
|
|
|
|
Cost of goods sold |
8,483.0 |
8,148.0 |
|
|
|
|
Gross profit |
64,649.0 |
64,122.0 |
|
|
|
|
Other operating expenses |
41,252.0 |
31,232.0 |
|
|
|
|
Operating result |
23,397.0 |
32,890.0 |
20,129.0 |
11,874.0 |
24,335.0 |
|
Interest revenues |
122.0 |
141.0 |
|
|
|
|
other financial revenues |
458.0 |
104.0 |
|
|
|
|
Financial income |
580.0 |
245.0 |
|
|
|
|
Interest expenses |
404.0 |
234.0 |
|
|
|
|
other financial expenses |
842.0 |
1,737.0 |
|
|
|
|
Financial expenses |
1,246.0 |
1,971.0 |
|
|
|
|
Financial result |
-666.0 |
-1,726.0 |
|
|
|
|
Result before extraordinary items |
22,731.0 |
31,164.0 |
|
|
|
|
Extraordinary Result |
0.0 |
0.0 |
|
|
|
|
Result before taxes |
22,731.0 |
31,164.0 |
|
|
|
|
Taxes |
7,490.0 |
7,309.0 |
|
|
|
|
Result before minority interests |
15,241.0 |
23,855.0 |
|
|
|
|
minority interests |
117.0 |
284.0 |
|
|
|
|
Result for the financial year |
15,124.0 |
23,571.0 |
12,722.0 |
5,877.0 |
15,390.0 |
Cash
flow
|
Depreciation |
6,408.0 |
5,039.0 |
|
Cash flow |
21,649.0 |
28,894.0 |
|
Cash flow from operating activities |
24,384.0 |
30,080.0 |
|
Investments in tangible fixed assets |
18,385.0 |
11,147.0 |
|
Cash flow from investing activities |
-32,036.0 |
-16,464.0 |
|
Cash flow from financing activities |
2,509.0 |
-16,018.0 |
|
Others |
-56.0 |
27.0 |
|
Change in liquidity |
-5,199.0 |
-2,375.0 |
|
Liquidity at beginning of the year |
10,080.0 |
12,455.0 |
|
Liquidity at end ot the year |
4,881.0 |
10,080.0 |
Notes
|
Cost of employees |
6,663.0 |
5,299.0 |
|
Research and Development |
75.0 |
74.0 |
|
Added value |
36,206.0 |
41,736.0 |
|
Working Capital |
2,229.0 |
5,555.0 |
|
Sales per Employee |
0.6 |
|
|
Gross cost land and buildings |
30,465.0 |
20,422.0 |
|
Gross cost other tangible fixed assets |
105,368.0 |
81,546.0 |
|
Gross cost total |
135,833.0 |
101,968.0 |
Employees at year end 125,000
Name: BHP
Billiton Limited
City/Country: Melbourne, Australia/AU
Owner: The
company is foreign owned.
Class: 50-100%
Type: direct,
Group-Level 1
Name: BHP
Billiton Limited
City/Country: Melbourne, Australia/AU
Interest: 60,00%
voting right, 60,00% capital interest
Name: BHP
Billiton Aluminium Australia Pty Ltd
City/Country: Australia/AU
Name: BHP
Billiton Aluminium (RAA) Pty Ltd
City/Country: Australia/AU
Name: BHP
Billiton Aluminium (Worsley) Pty Ltd
City/Country: Australia/AU
Name: BHP
Billiton Canada Inc
City/Country: Canada/CA
Name: BHP
Billiton Direct Reduced Iron Pty Ltd
City/Country: Australia/AU
Name: BHP
Billiton Energy Coal Australia Pty Ltd
City/Country: Australia/AU
Name: BHP
Billiton Energy Coal South Africa Proprietary Limited
City/Country: South Africa/ZA
Name: BHP
Billiton Finance BV
City/Country: Netherlands/NL
Name: BHP
Billiton Finance Ltd
City/Country: Australia/AU
Name: BHP
Billiton Finance (USA) Ltd
City/Country: Australia/AU
Name: BHP
Billiton Foreign Holdings Inc
City/Country: United States of America/US
Name: BHP
Billiton Group Operations Pty Ltd
City/Country: Melbourne, Australia/AU
Name: BHP
BILLITON INTERNATIONAL SERVICES LIMITED
City/Country: United Kingdom/GB
Name: BHP
Billiton IO Mining Pty Ltd
City/Country: Australia/AU
Name: BHP
Billiton Iron Ore Pty Limited
City/Country: Australia/AU
Name: BHP
Billiton Marketing AG
City/Country: Baar/ZG, Switzerland/CH
Name: BHP
Billiton Marketing Inc.
City/Country: United States of America/US
Name: BHP
Billiton Metais SA
City/Country: Brazil/BR
Name: BHP
Billiton Metcoal Holdings Pty Ltd
City/Country: Australia/AU
Name: BHP
Billiton Minerals Pty Ltd
City/Country: Australia/AU
Name: BHP
Billiton Mitsui Coal Pty. Ltd.
City/Country: Australia/AU
Name: BHP
Billiton Nickel West Pty Ltd
City/Country: Australia/AU
Name: BHP
Billiton Olympic Dam Corporation Pty Ltd
City/Country: Australia/AU
Name: BHP
Billiton Petroleum (Americas) Inc
City/Country: United States of America/US
Name: BHP
Billiton Petroleum (Arkansas) Inc.
City/Country: United States of America/US
Name: BHP
Billiton Petroleum (Australia) Pty Ltd
City/Country: Australia/AU
Name: BHP
Billiton Petroleum (Bass Strait) Pty Ltd
City/Country: Australia/AU
Name: BHP
Billiton Petroleum (Deepwater) Inc
City/Country: United States of America/US
Name: BHP
Billiton Petroleum (Fayetteville) LLC
City/Country: United States of America/US
Name: BHP
BILLITON PETROLEUM GREAT BRITAIN LIMITED
City/Country: United Kingdom/GB
Name: BHP
Billiton Petroleum (International Exploration) Pty Ltd
City/Country: Australia/AU
Name: BHP
Billiton Petroleum (New Ventures) Corporation
City/Country: Canada/CA
Name: BHP
Billiton Petroleum (North West Shelf) Pty Ltd
City/Country: Australia/AU
Name: BHP
Billiton Petroleum (Philippines) Corporation
City/Country: Canada/CA
Name: BHP
Billiton Petroleum Pty Ltd
City/Country: Australia/AU
Name: BHP
Billiton Petroleum (Sabah) Corporation
City/Country: Canada/CA
Name: BHP
Billiton Petroleum (Victoria) Pty Ltd
City/Country: Australia/AU
Name: BHP
Billiton SA Holdings Limited
City/Country: South Africa/ZA
Name: BHP
Billiton SA Limited
City/Country: South Africa/ZA
Name: BHP
Billiton Shared Business Services Pty Ltd
City/Country: Australia/AU
Name: BHP
Billiton Shared Services Malaysia Sdn. Bhd.
City/Country: Malaysia/MY
Name: BHP
Billiton SSM Development Pty Ltd
City/Country: Australia/AU
Name: BHP
Billiton (Trinidad – 2c) Limited
City/Country: Canada/CA
Name: BHP
Billiton World Exploration Inc
City/Country: Canada/CA
Name: BHP
Canadian Diamonds Company
City/Country: Canada/CA
Name: BHP
Chile Inc.
City/Country: United States of America/US
Name: BHP
Coal Holdings Pty Ltd
City/Country: Australia/AU
Name: BHP
Coal Pty Ltd
City/Country: Australia/AU
Name: BHP
Copper Inc.
City/Country: United States of America/US
Name: BHP
Escondida Inc.
City/Country: United States of America/US
Name: BHP
Iron Ore (Jimblebar) Pty Ltd
City/Country: Australia/AU
Name: BHP
Navajo Coal Company
City/Country: United States of America/US
Name: BHP
Petroleum (Pakistan) Pty Ltd
City/Country: Australia/AU
Name: BHP
Queensland Coal Investments Pty Ltd
City/Country: Australia/AU
Name: Billiton
Aluminium SA Limited
City/Country: Richards Bay/Richards Bay, South Africa/ZA
Name: Billiton
Marketing Holding BV
City/Country: Netherlands/NL
Name: Broken
Hill Proprietary (USA) Inc.
City/Country: United States of America/US
Name: Cerro
Matoso SA
City/Country: Colombia/CO
Name: Coal
Mines Australia Pty Ltd
City/Country: Australia/AU
Name: Compañia
Minera Cerro Colorado Limitada
City/Country: Chile/CL
Name: Dendrobium
Coal Pty Ltd
City/Country: Australia/AU
Name: EagleHawk
Field Services LLC
City/Country: United States of America/US
Name: Endeavour
Coal Pty Ltd
City/Country: Australia/AU
Name: Groote
Eylandt Mining Company Pty Ltd
City/Country: Australia/AU
Name: Hawk
Field Services LLC
City/Country: United States of America/US
Name: Hotazel
Manganese Mines (Proprietary) Limited
City/Country: South Africa/ZA
Name: Hunter
Valley Energy Coal Pty Ltd
City/Country: Australia/AU
Name: Illawarra
Coal Holdings Pty Ltd
City/Country: Australia/AU
Name: Illawarra
Services Pty Ltd
City/Country: Australia/AU
Name: KCS
Resources LLC
City/Country: United States of America/US
Name: Minera
Escondida Ltda
City/Country: Santiago de Chile, Chile/CL
Name: Minera
Spence SA
City/Country: Chile/CL
Name: One
Tec Operating LLC
City/Country: United States of America/US
Name: Petrohawk
Energy Corporation
City/Country: United States of America/US
Name: Petrohawk
Properties LP
City/Country: United States of America/US
Name: PT
Juloi Coal
City/Country: Indonesia/ID
Name: PT
Lahai Coal
City/Country: Indonesia/ID
Name: Rio
Algom Limited
City/Country: Canada/CA
Name: Samancor
Manganese (Proprietary) Limited
City/Country: South Africa/ZA
Name: San Juan Coal Company
City/Country: United States of America/US
Name: Tasmanian
Electro Metallurgical Company Pty Ltd
City/Country: Australia/AU
Name: UMAL
Consolidated Pty Ltd
City/Country: Australia/AU
Name: WMC
Finance (USA) Limited
City/Country: Australia/AU
It is believed that the company has no
investments.
Control date Year No. Amount
CHF Status
18.07.2012 2012 0
18.07.2012 2011 0
18.07.2012 2010 0
18.07.2012 2009 0
18.07.2012 2008 0
12.05.2009 2007 0
18.11.2002 2002 0
18.11.2002 2001 0
18.11.2002 2000 0
An updated legal action check is only
available against proof of interest. e.g. a copy of an enquiry letter, and
order or invoice relating to the subject company.
Financial Statements: The company does not disclose any financial statements. Third
parties are not permitted any insight into the financial affairs. It is
therefore difficult to make a proper assessment of the actual situation.
Financial Situation: The financial situation is considered to be good.
Payment experiences: Financial obligations are met as appropriate.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.13 |
|
|
1 |
Rs.101.17 |
|
Euro |
1 |
Rs.84.59 |
INFORMATION DETAILS
|
Report Prepared
by : |
DPT |
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.