MIRA INFORM REPORT
|
Report Date : |
06.05.201 |
IDENTIFICATION DETAILS
|
Name : |
VNIIMETMASH HOLDING COMPANY |
|
|
|
|
Registered Office : |
Prosp Ryazanskiy D 8A, 109428 G Moskva |
|
|
|
|
Country : |
Russia |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
16.08.1999 |
|
|
|
|
Com. Reg. No.: |
1027739570980 |
|
|
|
|
Legal Form : |
Public limited company |
|
|
|
|
Line of Business : |
·
Research and experimental development on natural sciences
and engineering ·
Manufacture of machinery for metallurgy · Agents involved in the sale of a variety of goods |
|
|
|
|
No. of Employees : |
530 |
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) |
|
Russia |
A2 |
A2 |
|
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 |
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 identification
OAO AKHK ”VNIIMETMASH” Tel 74957304530
prosp Ryazanskiy d 8A E-Mail
info@vniimetmash.ru
109428 g Moskva Web
www.vniimetmash.ru
Russia
Crefo Nr. 9491783207
Registration:
MEZHRAYONNAYA INSPEKTSIYA
MNS
ROSSII 39 PO G MOSKVE
Statistical Nr. 04692472
Registration
Nr. 1027739570980
Tax Nr. 7721016754 Status active
Economic
situation
Business connection Business
connection appears permissable.
Terms of payment Mostly
within agreed terms, partly dalays of payments / payment reminders.
Information on at least one negative fact on file!
(Detailed information can be found in the chapter payment information
and assessment of business connections)
Basic
information
Legal form
Public limited company (OAO)
Founded
16/08/1999 as Public limited company (OAO)
Registration
19/11/2002, MEZHRAYONNAYA INSPEKTSIYA MNS ROSSII 39 PO G MOSKVE,
1027739570980
Statistical Nr.: 04692472
Tax Nr.: 7721016754
Registered names
Valid from Short
name Valid
until
OAO AKHK
”VNIIMETMASH”
Valid from Former
name Valid
until
Valid from Full
name
Valid until
Otkrytoe
aktsionernoe obshchestvo Aktsionernaya kholdingovaya kompaniya
”Vserossiyskiy
nauchno-issledovatelskiy i proektno-konstruktorskiy institut
metallurgicheskogo
mashinostroeniya imeni akademika TSelikova”
Valid from Name
in foreign language Valid
until
”VNIIMETMASH HOLDING COMPANY”
Owners
and Capital
|
Crefo Nr. |
Name /
Address / Status |
From |
Share |
|
Stockholders |
|||
|
9491887427
9491887427
|
DIGM Tax Nr.:
7707058720 Statistical Nr.: 18653470 ul
Karetnyy Ryad d 2/1, 103006 g Moskva Russia Phone Nr.: 2992048 Fax:
2990575 Information
on negative events by shareholder at disposal. |
|
99,92 % |
|
9491779482
9491779482 |
OAO
"MOZ VNIIMETMASH" Tax Nr.:
7721024875 Statistical
Nr.: 00210542 prosp
Ryazanskiy d 8 A, 109428 g Moskva Russia |
|
0% |
Registered capital
Date Currency
Value
19/06/2012 RUB
806 134 191
Management
|
Crefo Nr. |
Name /
Address / Status |
Since Power of attorney |
|
Employees |
||
|
9497264629 |
Director
of accounting Rita
Vladimirovna Kolchina |
|
|
Board of
directors |
||
|
9497524008 |
Member of
the board of directors Andrey
Nikolaevich Tabelskiy |
|
|
9497524005 |
Member of
the board of directors Andrey
YUrevich Berezin |
|
|
9497524006 |
Member of
the board of directors Irina
Borisovna KHoreva |
|
|
9497524003 |
Member of the
board of directors Marina
Alekseevna Krivolapova |
|
|
9497524000 |
Member of
the board of directors Marina
Vladimirovna Gureva |
|
|
9497523999 |
Member of
the board of directors Mikhail
Andreevich An |
|
|
9497524007 |
Member of the
board of directors Mikhail
Mikhaylovich Gladun |
|
|
9497524001 |
Member of
the board of directors Roman
Vasilevich Petrutsa |
|
|
9497524004 |
Member of
the board of directors Vladimir
Igorevich Pogrebenko |
|
|
Sole
Executive Body |
||
|
9513878072 |
Managing
director Aleksey
Vladimirovich ZHidakov |
|
Company
addresses
|
Valid from |
Residence
address |
Valid
until |
|
|
prosp
Ryazanskiy d 8A, 109428 g Moskva, Russia Tel:
74957304530 E-Mail: info@vniimetmash.ru Web: www.vniimetmash.ru |
|
Subsidiaries
|
Crefo Nr. |
Name / Address /
Status |
Valid from |
Share |
|
Owner |
|||
|
9491779482 |
OAO "MOZ VNIIMETMASH" Statistical Nr.:
00210542 prosp Ryazanskiy d
8 A, 109428 g Moskva Russia |
|
4% |
|
9491289735 |
OAO "KO VNIIMETMASH" Statistical Nr.:
00212202 UL BRATEV RADCHENKO
5, 196650 G SANKT-PETERBURG, G
KOLPINO Russia |
|
15% |
|
9491834626 |
OOO FIRMA
"SVARMET" Statistical
Nr.: 16669455 PROSP
RYAZANSKIY D 8 A KORP 3 STR 8, 109428 G MOSKVA Russia |
|
52 % |
|
9491847433 |
ZAO "PTK" Statistical Nr.:
17613161 shosse Ilinskoe d
8, 171507 g Kimry Russia |
|
0% |
|
9491870006 |
ZAKRYTOE
AKTSIONERNOE OBSHCHESTVO "ELEKTROMAGNITNYE SISTEMY I TEKHNOLOGII" Statistical Nr.:
18428170 PROSP
RYAZANSKIY D 8 A, 109428 G MOSKVA Russia |
|
21 % |
|
9491904281 |
ZAO "Prochnost" Statistical Nr.:
26123326 prosp Ryazanskiy d
8 A, 109428 g Moskva Russia |
|
34 % |
|
9491920995 |
ZAKRYTOE
AKTSIONERNOE OBSHCHESTVO "FIRMA "KERAMIKA" Statistical
Nr.: 32483848 PROSP RYAZANSKIY D
8 A KORP 8 STR 3, 109428 G MOSKVA Russia |
|
24 % |
|
9491923516 |
OAO
"LITEKS" Statistical
Nr.: 35267283 PER
ORUZHEYNYY D 13, KV 50, 125047 G MOSKVA Russia |
|
51 % |
|
9491928364 |
ZAO
"VNIIMETMASH-M" Statistical Nr.:
39550018 PROSP
RYAZANSKIY D 8 A, 109428 G MOSKVA Russia |
|
100 % |
|
9491932871 |
ZAKRYTOE
AKTSIONERNOE OBSHCHESTVO "SVAN-94" Statistical Nr.:
40103649 RYAZANSKIY PROSP D 8
A STR 5, 109428 G MOSKVA Russia |
|
25 % |
|
9491943042 |
Assotsiatsiya
gosudarstvennykh nauchnykh tsentrov "NAUKA" Statistical Nr.:
40296890 ul Tverskaya d 11,
103905 g Moskva Russia |
|
0% |
|
9492021680 |
NUTS "MASHINOSTROENIE" Statistical Nr.: 45414733 PROSP
RYAZANSKIY D 8 A, 109428 G MOSKVA Russia |
|
33 % |
|
9492200261 |
NP "Detskiy sportivnyy klub
boevykh iskusstv "Vympe Statistical Nr.:
59077417 per Bolshoy Afanasevskiy d 5/12 korp 7,
121019 g Moskva Russia |
|
0% |
|
9492199542 |
ANO "VNIIMETMASH-SERTIFIKATSIYA" Statistical Nr.:
59069234 prosp Ryazanskiy d
8 A, 109428 g Moskva Russia |
|
0% |
|
9492453493 |
OOO "DSK
VNIIMETMASH" Statistical
Nr.: 78937587 OTKRYTOE SHOSSE D 17 KORP 1, 107143 G
MOSKVA Russia |
|
25% |
|
9495580526 |
OOO "ARABIKA" Statistical Nr.:
87997370 ul Kukonkovykh d 98
kv 12, 153013 g Ivanovo Russia |
|
17% |
|
9496735698 |
ANO "ITSTM" Statistical Nr.:
09875616 prosp Ryazanskiy d
8 a, korp 45, 109428 g Moskva Russia |
20/06/2012 |
0% |
|
Owner |
|
||
|
9491846296 |
OBSHCHESTVO S
OGRANICHENNOY OTVETSTVENNOSTYU "PROMET
LTD" Statistical Nr.:
17525451 RYAZANSKIY
PROSP D 8 A, 109428 G MOSKVA Russia |
|
25 % |
|
9491956260 |
OOO "VORTEKS
LTD" Statistical Nr.: 40490273 PROSP RYAZANSKIY D
8-A, 109428 G MOSKVA Russia |
|
36 % |
|
9491970691 |
OOO
"MELDIS" Statistical Nr.:
42421885 PROSP
RYAZANSKIY D 8 A, 109428 G MOSKVA Russia |
|
51 % |
|
9492274536 |
OOO
"MEDITSINSKIY TSENTR VNIIMETMASH" Statistical Nr.: 71679107 RYAZANSKIY PROSP D
8-A, 109428 G MOSKVA Russia |
|
25 % |
|
9495744415 |
OOO "DRK
VNIIMETMASH" Statistical Nr.:
89657218 SHOSSE OTKRYTOE D 17, KORP 1, 107143 G
MOSKVA Russia |
|
100 % |
Business activities
|
Main
activity |
Nace |
|
Research
and experimental development on natural sciences and engineering |
73.10 |
|
Additional
activities |
Nace |
|
Manufacture
of machinery for metallurgy |
29.51 |
|
Agents
involved in the sale of a variety of goods |
51.19 |
|
Other
financial intermediation n.e.c. |
65.23 |
|
Database
activities |
72.40 |
|
Market research
and public opinion polling |
74.13.1 |
|
Architectural
and engineering activities and related technical consultancy |
74.20.1 |
|
Technical
testing and analysis |
74.30 |
The actual activity of OAO AKHK
"VNIIMETMASH" is science activity and \ production of metallurgical
engineering equipment. The production of \ the company is presented both on
domestic and foreign markets.
Economic data
Turnover and Employees
|
Date |
Turnover |
Employees |
|
31/12/2006 |
333
697 000 RUB |
|
|
31/12/2007 |
552
845 000 RUB |
|
|
31/12/2008 |
457
665 000 RUB |
|
|
31/12/2009 |
526
911 000 RUB |
|
|
31/12/2010 |
866
094 000 RUB |
|
|
31/12/2011 |
586
323 000 RUB |
|
|
31/12/2012 |
826
586 000 RUB |
|
|
31/12/2013 |
623
579 000 RUB |
530 |
Properties
During
the phone call representative rejected to inform if business premises are
rented or owned by the company.
Supplementary data
Remarks
The
register of shareholders of the company is held by a private non-state
registrar - OAO "REESTR" (Reg. number: 1027700047275). The
information about shareholders of the company is closed and is not updated in
the state register. List of shareholders provided in the report was formed
according to the information from last published official "List of
affiliated persons" of company of 31.03.2014. According to the
investigation, the affiliation through the director of the company, Aleksey
Vladimirovich ZHidakov, with other companies has not been revealed.
OAO
AKHK "VNIIMETMASH" participated in several court cases as claimant
having collected the following amount of debt: In 2013: 3 088 952,03 RUB; In
2012: 2 189 088,16 RUB.
The
subject had several state contracts on the total sum: In 2013: 6 559 128 RUB;
In 2012: 207 400 000 RUB; In 2011: 204 426 370 RUB.
According
to the information, disclosed by the Federal Tax Service,
OAO
AKHK "VNIIMETMASH" 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, OAO AKHK "VNIIMETMASH" does not have delays in
social
payments.
According
to the information, disclosed by the Federal Labor Service, OAO AKHK
"VNIIMETMASH" does not plan to attract foreign employees. According
to the research, OAO AKHK "VNIIMETMASH" does not meet the most
frequently encountered in practice characteristics of unreliable companies
(so-called "shell" companies), developed by the Federal Tax Service
of Russian Federation.
OAO
AKHK "VNIIMETMASH" 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.
It
should be noted, that the share capital of OAO AKHK "VNIIMETMASH" was
raised 19.06.2012 to the sum of 806 134 191 RUB. The former share capital was -
520 689 000 RUB.
Banks
|
Code |
Bank name
/ Address |
Account
Nr. |
|
|
MINB UL.ORDZHONIKIDZE,5
, MOSKVA 044525600, |
40702810500150001112 |
Main indices
Payment
experience and credit opinion
|
Terms of
payment |
Mostly
within agreed terms, partly dalays of payments / payment reminders. |
|
Business
connection |
Business
connection appears permissable. |
Business
development
|
Company development |
Constant
company development. |
|
Business
course |
Satisfactory
order situation. |
Events
Date Kind
Code
17/03/2011 Legal
debt collection procedure
Debt capital : 631497 RUB
Debt cost: 32653 RUB
Debt total: 664150 RUB
A40-27024/2011 16
15/08/2011 Legal
debt collection procedure
Debt capital : 15663500 RUB
Debt interest: 658521 RUB
Debt total: 16322021 RUB
A40-89577/2011 16
07/08/2013 Legal
debt collection procedure
Date of notification about starting the
execution: 07/08/2013
Debt capital : 15055264 RUB
Debt total: 15055264 RUB
A40-107299/2013 16
07/08/2013 Legal
debt collection procedure
A40-107299/2013 16
26/02/2014 Legal
debt collection procedure
Date of notification about starting the
execution: 26/02/2014
Debt capital : 3487974 RUB
Debt total: 3487974 RUB
Debt collection result: claim accepted /
taken it to the production
A40-27397/2014 16
26/02/2014 Legal
debt collection procedure
A40-27397/2014 16
|
Date |
Company
name |
Kind |
Code |
|
31/05/2013 |
9491887427 A DIGM |
Liquidation is completed |
24 |
Balances
Auditor
|
Crefo Nr. |
Name /
Address / Status |
Since |
Power of
attorney |
|
Auditor |
|||
|
9491943921 |
ZAO
"Konsaltingaudit "Uralskiy soyuz" Statistical
Nr.: 40309658 per
Bolshoy Fakelnyy d 3 kv 145, g Moskva, 109004,
Russia Tel:
2320781 Telefax:
9127703 |
|
|
Balance
31.12.2013 The enclosed
balance of 2013 is originated from official source, it is authenticated by the
auditor .
31.12.2012 The enclosed balance of 2012 is
originated from official source, no data available about authentication.
31.12.2011 The enclosed balance of 2011 is
originated from official source, no data available about authentication.
|
Name |
Ref. |
31/12/2013 1000 RUB balance |
31/12/2012 1000 RUB balance |
31/12/2011 1000 RUB balance |
|
1. ASSETS |
|
|
|
|
|
I. FIXED ASSETS |
|
|
|
|
|
Intangible assets |
1110 |
7 629 |
8 234 |
8 786 |
|
The results of research
and development |
1120 |
0 |
0 |
0 |
|
Intangible research assets |
1130 |
0 |
0 |
0 |
|
Tangible research assets |
1140 |
0 |
0 |
0 |
|
Fixed assets |
1150 |
546 633 |
489 147 |
437 393 |
|
Profitable investments in
tangible assets |
1160 |
0 |
0 |
0 |
|
Financial investments |
1170 |
1 442168 |
1 442 179 |
1 427 290 |
|
Deferred tax assets |
1180 |
14 531 |
13 804 |
14 438 |
|
Other non-current assets |
1190 |
185 808 |
194 692 |
179 303 |
|
TOTAL IN SECTION I. |
1100 |
2 196 769 |
2 148 056 |
2 067 210 |
|
II. CURRENT ASSETS |
|
|||
|
Inventories |
1210 |
249 297 |
156 288 |
209 849 |
|
VAT on acquired assets |
1220 |
7 225 |
11 749 |
2 730 |
|
Accounts receivable |
1230 |
229 726 |
193 955 |
306 578 |
|
Financial investments (excluding the monetary equivalent) |
1240 |
0 |
0 |
52 000 |
|
Cash and monetary
equivalents |
1250 |
584 |
34 902 |
32 911 |
|
Other current assets |
1260 |
0 |
0 |
0 |
|
TOTAL IN SECTION II. |
1200 |
486 832 |
396 894 |
604 068 |
|
BALANCE |
1600 |
2 683 601 |
2 544 950 |
2 671 278 |
|
2. LIABILITIES |
|
|
|
|
|
III. CAPITAL AND RESERVES |
|
|
|
|
|
Authorized capital (share capital, charter capital,
deposits capital, partners capital) |
1310 |
806 134 |
806 134 |
520 689 |
|
Treasury stock |
1320 |
0 |
0 |
0 |
|
Revaluation of fixed
assets |
1340 |
0 |
0 |
0 |
|
Additional capital
(without revaluation) |
1350 |
1 251 336 |
1 251 336 |
111 612 |
|
Reserve capital |
1360 |
1 530 |
784 |
510 |
|
Retained earnings
(uncovered loss) |
1370 |
30 227 |
32 295 |
27 231 |
|
TOTAL IN SECTION III. |
1300 |
2 089 227 |
2 090 549 |
660 042 |
|
IV. LONG-TERM LIABILITIES |
|
|||
|
Borrowed funds |
1410 |
115 464 |
122 629 |
265 574 |
|
Deferred tax liabilities |
1420 |
10 170 |
8 849 |
8 492 |
|
Provisions |
1430 |
0 |
0 |
0 |
|
Other liabilities |
1450 |
0 |
0 |
0 |
|
TOTAL IN SECTION IV. |
1400 |
125 634 |
131 478 |
274 066 |
|
V. SHORT-TERM LIABILITIES |
|
|||
|
Borrowed funds |
1510 |
135 000 |
92 006 |
40 000 |
|
Payables |
1520 |
316 744 |
208 381 |
1 689 468 |
|
Deferred income |
1530 |
3 702 |
3 833 |
4 046 |
|
Provisions |
1540 |
13 294 |
18 702 |
3 655 |
|
Sonstige Verbindlichkeiten |
1550 |
0 |
1 |
1 |
|
TOTAL IN SECTION V. |
1500 |
468 740 |
322 923 |
1 737170 |
|
BALANCE |
1700 |
2 683 601 |
2 544 950 |
2 671 278 |
Profit
and loss accounts
31.12.2013 The enclosed
profit and loss account of 2013 is originated from official source, it is
authenticated by the auditor.
31.12.2012 The enclosed
profit and loss account of 2012 is originated from official source, no data
available about authentication.
31.12.2011 The enclosed
profit and loss account of 2011 is originated from official source, no data
available about authentication.
|
Name |
Ref. |
31/12/2013 1000 RUB profit and loss
account |
31/12/2012 1000 RUB profit and loss
account |
31/12/2011 1000 RUB profit and loss
account |
|
Turnover |
2110 |
623 579 |
826 586 |
586 323 |
|
Cost of sales |
2120 |
556 247 |
714 472 |
507 256 |
|
Gross profit (loss) |
2100 |
67 332 |
112 114 |
79 067 |
|
Selling expenses |
2210 |
0 |
0 |
0 |
|
Administrative expenses |
2220 |
79 363 |
61 458 |
65 829 |
|
Sales profit (loss) |
2200 |
-12 031 |
50 656 |
13 238 |
|
Earnings from other
entities |
2310 |
1 109 |
1 |
0 |
|
Interest receivable |
2320 |
10 |
0 |
5 |
|
Interest payable |
2330 |
12 270 |
20 965 |
6 556 |
|
Other operating income |
2340 |
63 481 |
19 037 |
134 099 |
|
Other operating expenses |
2350 |
37 463 |
40 860 |
138 500 |
|
Profit (loss) before tax |
2300 |
2 836 |
7 869 |
2 286 |
|
Current profit tax |
2410 |
1 079 |
1 907 |
3 519 |
|
Permanent tax liabilities
(assets) |
2421 |
1 106 |
1 323 |
2 |
|
Change in deferred tax
liabilities |
2430 |
1 321 |
357 |
-255 |
|
Change in deferred tax
assets |
2450 |
727 |
-634 |
2 804 |
|
Different |
2430 |
0 |
0 |
0 |
|
Net profit (loss) |
2400 |
1 163 |
4 971 |
1 826 |
|
Results
of fixed assets revaluation, non-includedin net profit/loss for period |
2510 |
0 |
0 |
0 |
|
Result of other transactions, non included in net
profit/loss for period |
2520 |
0 |
0 |
0 |
|
Total financial result for
period |
2500 |
1 163 |
4 971 |
1 826 |
Financial
Ratios
|
Name |
Ref. |
31/12/2013 |
31/12/2012 |
31/12/2011 |
|
Quick
ratio |
1 |
0,51 |
0,76 |
0,23 |
|
Current
ratio |
2 |
0,55 |
0,64 |
0,17 |
|
Average
Collection Period |
3 |
124,00 |
110,51 |
95,43 |
|
Payables
turnover Period |
4 |
172,29 |
484,77 |
607,83 |
|
Debt
ratio |
5 |
0,22 |
0,18 |
0,75 |
|
Equity
to total assets ratio |
6 |
0,78 |
0,82 |
0,25 |
|
Funding
ratio |
7 |
3,62 |
4,84 |
0,33 |
|
Return
on sales |
8 |
0,19 |
0,60 |
0,31 |
|
Return
on Assets |
9 |
0,56 |
1,13 |
0,33 |
|
Return
on Equity |
10 |
0,06 |
0,36 |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.05 |
|
|
1 |
Rs.101.32 |
|
Euro |
1 |
Rs.83.34 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.