MIRA INFORM REPORT

 

 

Report Date :

12.05.2014

 

IDENTIFICATION DETAILS

 

Name :

PRIMA INDUSTRIE - S.P.A.

 

 

Registered Office :

Via Antonelli, 32,

10093 – Collegno (TO)

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2012

 

 

Date of Incorporation :

18.09.1980

 

 

Legal Form :

Joint stock company

 

 

Line of Business :

Manufacture of Machinery and Equipment

 

 

No. of Employees :

346

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

Payment Behaviour :

Slow but correct

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)

Italy

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

 

 

ITALY - ECONOMIC OVERVIEW

 

Italy has a diversified industrial economy, which is divided into a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, where unemployment is higher. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors. Italy is the third-largest economy in the euro-zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, topping 133% of GDP in 2013, but investor concerns about Italy and the broader euro-zone crisis eased in 2013, bringing down Italy's borrowing costs on sovereign government debt from euro-era. The government still faces pressure from investors and European partners to sustain its efforts to address Italy's long-standing structural impediments to growth, such as labor market inefficiencies and widespread tax evasion. In 2013 economic growth and labor market conditions deteriorated, with growth at -1.8% and unemployment rising to 12.4%, with youth unemployment around 40%. Italy's GDP is now 8% below its 2007 pre-crisis level.

 

Source : CIA

 

 

 

 

Company name and address

 

PRIMA INDUSTRIE - S.P.A.

 

Via Antonelli, 32

 

10093 – Collegno (TO) -IT-

 

 

Summary

 

Fiscal Code

:

03736080015

Legal Form

:

Joint stock company

start of Activities

:

01/10/1984

Equity

:

Over 2.582.254

Turnover Range

:

100.000.000/150.000.000

Number of Employees

:

from 251 to 500

 

 

Activity

 

Manufacture of other electrical equipment

MANUFACTURE OF MACHINERY AND EQUIPMENT N.E.C.

 

 

Legal Data

 

Legal Form : Joint stock company

Fiscal Code : 03736080015

 

Foreign Trade Reg. no. : TO023761 since 03/01/1992

 

Chamber of Commerce no. : 456491 of Bari

 

Chamber of Commerce no. : 582421 of Torino since 14/10/1980

 

Firms' Register : TO272-1980-3549 of Torino since 19/02/1996

 

V.A.T. Code : 03736080015

 

Foundation date

: 18/09/1980

Establishment date

: 18/09/1980

Start of Activities

: 01/10/1984

Legal duration

: 31/12/2050

Nominal Capital

: 27.575.000

 

Subscribed Capital

: 26.208.185

 

Paid up Capital

: 26.208.185

 

 

 

Members

 

Mauri

Mario

 

 

Born in Napoli

(NA)

on 20/10/1950

- Fiscal Code : MRAMRA50R20F839Y

 

 

Residence:

 

Via Ai Ronchi

, 1

Breganzona

- CH -

 

Position

Since

Shares Amount

% Ownership

Director

29/04/2011

 

 

 

Peiretti

Domenico

 

 

Born in Osasio

(TO)

on 13/08/1950

- Fiscal Code : PRTDNC50M13G152K

 

 

Residence:

 

Chisone

, 1

- 10040

Osasio

(TO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

29/04/2011

 

 

Managing Director

02/05/2011

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Carbonato

Gianfranco

 

 

Born in Cusano Milanino

(MI)

on 02/06/1945

- Fiscal Code : CRBGFR45H02D231B

 

 

Residence:

 

San Carlo

, 156

- 10121

Torino

(TO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Board Chairman

29/04/2011

 

 

Managing Director

02/05/2011

 

 

Director

29/04/2011

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Marchetti San Martino Di

Enrico

 

 

Born in Torino

(TO)

on 07/01/1956

- Fiscal Code : MRCNRC56A07L219I

 

 

Residence:

 

Duca Degli Abruzzi

, 15

- 10129

Torino

(TO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

29/04/2011

 

 

 

Ainardi

Anna Maria

 

 

Born in Susa

(TO)

on 31/01/1950

- Fiscal Code : NRDNMR50A71L013D

 

 

Residence:

 

Leopardi

, 39

- 10093

Collegno

(TO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

04/10/1999

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

D'isidoro

Sandro

 

 

Born in Pescara

(PE)

on 23/06/1947

- Fiscal Code : DSDSDR47H23G482O

 

 

Residence:

Schwyzerstrasse

, 59A

Wollerau

- CH -

 

Position

Since

Shares Amount

% Ownership

Director

29/04/2011

 

 

 

Appendino

Domenico Bartolomeo

 

 

Born in Racconigi

(CN)

on 24/04/1951

- Fiscal Code : PPNDNC51D24H150E

 

 

Residence:

 

C. Beaumont

, 2

- 10100

Torino

(TO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

28/03/2003

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Gallea

Adriano

 

 

Born in Torino

(TO)

on 17/05/1961

- Fiscal Code : GLLDRN61E17L219F

 

 

Residence:

 

Ventimiglia

, 174/B

- 10100

Torino

(TO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

07/09/2005

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Beltramo

Cinzia

 

 

Born in Torino

(TO)

on 08/06/1956

- Fiscal Code : BLTCNZ56H48L219N

 

 

Residence:

 

Gorizia

, 132

- 10100

Torino

(TO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

29/11/2007

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Mansour

Michael Rafik

 

 

Born in Londra

( )

on 26/03/1981

- Fiscal Code : MNSMHL81C26Z114E

 

 

Residence:

Mozart Terrace Ebury Street

, 168

Londra

- GB -

 

Position

Since

Shares Amount

% Ownership

Director

29/04/2011

 

 

 

Mansour

Rafic Youssef

 

 

Born in Haifa

( )

on 02/10/1940

- Fiscal Code : MNSRCY40R02Z226C

 

 

Residence:

P.o.box 46370

Abu Dhabi

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

29/04/2011

 

 

 

Basso

Ezio Giovanni

 

 

Born in Torino

(TO)

on 26/01/1955

- Fiscal Code : BSSZVN55A26L219W

 

 

Residence:

 

Cibrario

, 114

- 10143

Torino

(TO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

29/04/2011

 

 

Managing Director

02/05/2011

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Fascio

Stefano

 

 

Born in Torino

(TO)

on 18/11/1970

- Fiscal Code : FSCSFN70S18L219L

 

 

Residence:

 

Ciamarella

, 11/7

- 10098

Rivoli

(TO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

29/04/2011

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Gao

Yunfeng

 

 

Born in Jilin

( )

on 01/02/1967

- Fiscal Code : GAOYFN67B01Z210A

 

 

Residence:

 

Antonelli

, 32

- 10093

Collegno

(TO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

29/04/2011

 

 

 

Danieli

Davide

 

 

Born in Torino

(TO)

on 21/06/1974

- Fiscal Code : DNLDVD74H21L219O

 

 

Residence:

 

Paolo Gaidano

, 141/A

- 10137

Torino

(TO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

29/12/2011

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Banchi

Claudio

 

 

Born in Torino

(TO)

on 19/07/1958

- Fiscal Code : BNCCLD58L19L219I

 

 

Residence:

 

Susa

, 109

- 10093

Collegno

(TO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

19/09/2012

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Sinopoli

Massimo

 

 

Born in Torino

(TO)

on 13/11/1970

- Fiscal Code : SNPMSM70S13L219J

 

 

Residence:

 

Gaetano Salvemini

, 8

- 10137

Torino

(TO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

12/06/2013

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Ferguglia

Enrico

 

 

Born in Torino

(TO)

on 04/07/1970

- Fiscal Code : FRGNRC70L04L219G

 

 

Residence:

 

Pietro Giuria

, 24

- 10126

Torino

(TO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

01/08/2013

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

De Chirico

Michele

 

 

Born in Terlizzi

(BA)

on 12/02/1970

- Fiscal Code : DCHMHL70B12L109R

 

 

Residence:

 

Colgiansesco

, 88

- 10091

Alpignano

(TO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

01/08/2013

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Companies connected to members *

 

*checkings have been performed on a national scale.

 

In this module are listed the companies in which members hold or have holded positions.

 

Peiretti

Domenico

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

Prima Electro S.p.a.

Moncalieri (TO) - IT -

02299060018

Managing Director

Active

Registered

Prima Electro S.p.a.

Moncalieri (TO) - IT -

02299060018

Director

Active

Registered

Prima Electro S.p.a.

Moncalieri (TO) - IT -

02299060018

Director

Withdrawn

Registered

Prima Electro S.p.a.

Moncalieri (TO) - IT -

02299060018

Assistant board Chairman

Active

Registered

M.l.t.a. -*moderno Laboratorio Tecnologie Applicate - Societa' A Responsabilit

Nichelino (TO) - IT -

02858890011

Managing Director

Withdrawn

Ceased

M.l.t.a. -*moderno Laboratorio Tecnologie Applicate - Societa' A Responsabilit

Nichelino (TO) - IT -

02858890011

Director

Withdrawn

Ceased

Osai S.p.a.

Barone Canavese (TO) - IT -

11807260150

Managing Director

Withdrawn

Registered

Osai S.p.a.

Barone Canavese (TO) - IT -

11807260150

Director

Withdrawn

Registered

Electro Power Systems S.p.a.

Torino (TO) - IT -

09051150010

Director

Withdrawn

Registered

 

Carbonato

Gianfranco

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

R.i. S.p.a.

Rivoli (TO) - IT -

02682260019

Director

Withdrawn

Bankrupt

Intesa Sanpaolo Spa

Torino (TO) - IT -

00799960158

Vice-Chairman

Active

Registered

Cabind S.r.l. In Liquidazione

Torino (TO) - IT -

04890570015

Director

Withdrawn

Registered

Prima Electro S.p.a.

Moncalieri (TO) - IT -

02299060018

Director

Active

Registered

Prima Electro S.p.a.

Moncalieri (TO) - IT -

02299060018

Director

Withdrawn

Registered

Prima Electro S.p.a.

Moncalieri (TO) - IT -

02299060018

Board Chairman

Active

Registered

Fidia - S.p.a.

San Mauro Torinese (TO) - IT -

05787820017

Director

Withdrawn

Registered

Fidia - S.p.a.

San Mauro Torinese (TO) - IT -

05787820017

Director

Withdrawn

Registered

Hexagon Metrology S.p.a.

Moncalieri (TO) - IT -

02091630281

Director

Withdrawn

Registered

Codatto S.r.l.

Malo (VI) - IT -

06030370016

Director

Withdrawn

Ceased

Iren S.p.a.

Reggio Emilia (RE) - IT -

07129470014

Director

Withdrawn

Registered

Osai S.p.a.

Barone Canavese (TO) - IT -

11807260150

Director

Withdrawn

Registered

Osai S.p.a.

Barone Canavese (TO) - IT -

11807260150

Board Chairman

Withdrawn

Registered

S.i.a.m.m.a. S.r.l.

Torino (TO) - IT -

07376850017

Director

Withdrawn

Registered

S.i.a.m.m.a. S.r.l.

Torino (TO) - IT -

07376850017

Board Chairman

Withdrawn

Registered

Rizzoli Corriere Della Sera Mediagroup Spa O In Forma Abbreviata Rcs Mediagroup

Milano (MI) - IT -

12086540155

Director

Withdrawn

Registered

Skillab Centro Valorizzazione Risorse Umane S.r.l. Siglabile Skillab S.r.l.

Torino (TO) - IT -

08420380019

Director

Active

Registered

Skillab Centro Valorizzazione Risorse Umane S.r.l. Siglabile Skillab S.r.l.

Torino (TO) - IT -

08420380019

Board Chairman

Active

Registered

Prima - *progetti S.p.a.

Torino (TO) - IT -

01931440018

Managing Director

Withdrawn

Ceased

Fondo Italiano D'investimento Sgr Spa

Milano (MI) - IT -

06968440963

Director

Withdrawn

Registered

 

Basso

Ezio Giovanni

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

Prima Electro S.p.a.

Moncalieri (TO) - IT -

02299060018

Director

Withdrawn

Registered

Finn-power Italia S.r.l.

Cologna Veneta (VR) - IT -

01883520981

Director

Active

Registered

 

The indication "REGISTERED" as Firm Status could refer to Firms in Liquidation, Active, Inactive, etc.

For more information, in this case, we advise to request further investigations.



Capital Shareholders

 

Shareholders' list as at date of data collection:

 

Firm's Style / Name

Seat / Residence

Fiscal Code

Owned Shares

% Ownership

Italia Investimenti S.p.a. (in Forma Abb reviata Itainvest S.p.a.)

Roma - IT -

00440560589

 

 

Carbonato Gianfranco

Torino - IT -

CRBGFR45H02D231B

 

 

Werthen Hans Lennart Oskar

 

WRTHSL19H15Z132A

 

 

Sartorio Franco

 

SRTFNC32A06L219D

 

 

Canna Franco

Torino - IT -

CNNFNC46R28L219R

 

 

Delpiano Roberto

Rivalta di Torino - IT -

DLPRRT48H19L219D

 

 

Grassi Fabrizio

 

GRSFRZ40B07L424J

 

 

Gilli Luigi

 

GLLLGU38B10E758I

 

 

Monticelli Mario

 

MNTMRA40R03L219X

 

 

Accatino Oreste

 

CCTRST22M18L881W

 

 

Rossignolo Gianmario

 

 

 

 

Miojusti Investiments B.v.

 

 

 

 

 

 

Direct Participations

 

The Company under review has participations in the following Companies:

 

Firm's Style

Seat

Fiscal Code

Owned Shares Amount

% Ownership

since

until

Share Status

R.i. S.p.a.

Rivoli - IT -

02682260019

750.000 .Eur

6,04

 

 

Active

Macro Meccanica S.p.a.

Venaria TO - IT -

02322370012

115.428 .Eur

35,47

 

 

Active

Prima Electro S.p.a.

Moncalieri - IT -

02299060018

15.000.000 .Eur

100,00

 

 

Active

Sintesi - Societa' Per Azioni

Modugno - IT -

11484230153

1.000 .Eur

10,00

 

 

Active

M.i. Mechanical Industries S.r.l.

Venaria - IT -

05556201001

105.357 .Eur

21,62

 

 

Active

Lamieraservizi S.r.l.

 

03500680248

9.500 .Eur

19,00

 

 

Active



Firm's location and structure

 

In order to carry out its activities the firm uses the following locations:

 

-

Legal and operative seat

 

since 18/09/1980

 

 

 

 

 

 

Antonelli

, 32

- 10093

- Collegno

(TO)

- IT -

 

 

 

 

PHONE

: 01141031

 

 

 

 

PHONE

: 0114103305

 

 

 

 

FAX

: 0114103232

 

 

 

 

Employees

: 346

 

Fittings and Equipment for a value of 720.000

Eur

 

Stocks for a value of 18.910.000

Eur

 

Furniture and fittings for a value of 610.000

Eur

 

Trade organization: direct or by agents.

 

 

Import comes generally from the following nations:

- France

 

- Germany

 

- Finland

 

 

Historical Information and/or Firm's Status

 

EX-MEMBERS / EX-POSITIONS:

 

Peiretti

Domenico

 

 

Born in Osasio

(TO)

on 13/08/1950

- Fiscal Code : PRTDNC50M13G152K

 

 

Residence:

 

Chisone

, 1

- 10040

Osasio

(TO)

- IT -

 

Ex-Postions

Director

Director

Managing Director

 

Carbonato

Gianfranco

 

 

Born in Cusano Milanino

(MI)

on 02/06/1945

- Fiscal Code : CRBGFR45H02D231B

 

 

Residence:

 

San Carlo

, 156

- 10121

Torino

(TO)

- IT -

 

Ex-Postions

Managing Director

General Director

Director

 

Werthen Hans Lennart Oskar

 

 

 

Born in Ludvika

( )

on 15/06/1919

- Fiscal Code : WRTHSL19H15Z132A

 

Ex-Postions

Vice-Chairman

 

Sartorio Franco

 

 

 

Born in Torino

(TO)

on 06/01/1932

- Fiscal Code : SRTFNC32A06L219D

 

Ex-Postions

Chairman

 

Delpiano

Roberto

 

 

Born in Torino

(TO)

on 19/06/1948

- Fiscal Code : DLPRRT48H19L219D

 

 

Residence:

 

Gorizia

, 24

- 10040

Rivalta di Torino

(TO)

- IT -

 

Ex-Postions

Procurator

 

Basso

Ezio

 

 

Born in Torino

(TO)

on 26/01/1955

- Fiscal Code : BSSZEI55A26L219Q

 

 

Residence:

 

Svizzera

, 83

- 10100

Torino

(TO)

- IT -

 

Ex-Postions

Procurator

Assistant General Manager

 

Bergero

Michele

 

 

Born in Torino

(TO)

on 14/07/1959

- Fiscal Code : BRGMHL59L14L219Q

 

 

Residence:

 

Nazario Sauro

, 10

- 10100

Torino

(TO)

- IT -

 

Ex-Postions

Procurator

 

Delle Piane

Alberto

 

 

Born in Torino

(TO)

on 05/07/1947

- Fiscal Code : DLLLRT47L05L219B

 

 

Residence:

 

San Rocco

, 9

- 10090

Bruino

(TO)

- IT -

 

Ex-Postions

General Director

Procurator

 

Della Rosa

Giulia Luigia

 

 

Born in MILANO

(MI)

on 22/06/1966

- Fiscal Code : DLLGLG66H62F205G

 

 

Residence:

 

PIER LOMBARDO

, 16

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Director

 

Rossignolo

Gian Luca

 

 

Born in Torino

(TO)

on 12/11/1968

- Fiscal Code : RSSGLC68S12L219Z

 

 

Residence:

 

40 Lansdowne Road

Luton - Bedfordshire, Lu13ee

- GB -

 

Ex-Postions

Director

 

Russo

Renato

 

 

Born in Milano

(MI)

on 08/10/1957

- Fiscal Code : RSSRNT57R08F205I

 

 

Residence:

 

Montebello

, 27

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Director

 

Takanen

Francesco

 

 

Born in ROMA

(RM)

on 25/07/1946

- Fiscal Code : TKNFNC46L25H501V

 

 

Residence:

 

PIETRO BOCCANELLI

, 30

- 00100

Roma

(RM)

- IT -

 

Ex-Postions

Director

 

Lugaresi

Fabrizio Massimo

 

 

Born in Milano

(MI)

on 25/03/1957

- Fiscal Code : LGRFRZ57C25F205P

 

 

Residence:

 

San Martino

, 9

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Director

 

Costantino

Angelo

 

 

Born in Reggio Di Calabria

( )

on 11/07/1947

- Fiscal Code : CSTNGL47L11H224Q

 

 

Residence:

 

Lungodora Firenze

, 151 C

- 10100

Torino

(TO)

- IT -

 

Ex-Postions

Procurator

 

D'isidoro

Sandro

 

 

Born in Pescara

(PE)

on 23/06/1947

- Fiscal Code : DSDSDR47H23G482O

 

 

Residence:

Schwyzerstrasse

, 59A

Wollerau

- CH -

 

Ex-Postions

Director

 

Mansour

Michael Rafik

 

 

Born in Londra

( )

on 26/03/1981

- Fiscal Code : MNSMHL81C26Z114E

 

 

Residence:

Mozart Terrace Ebury Street

, 168

Londra

- GB -

 

Ex-Postions

Director

 

Nada

Franco

 

 

Born in Torino

(TO)

on 30/12/1962

- Fiscal Code : NDAFNC62T30L219U

 

 

Residence:

 

Palmieri

, 14

- 10100

Torino

(TO)

- IT -

 

Ex-Postions

Temporary Auditor

 

Basso

Ezio Giovanni

 

 

Born in Torino

(TO)

on 26/01/1955

- Fiscal Code : BSSZVN55A26L219W

 

 

Residence:

 

Cibrario

, 114

- 10143

Torino

(TO)

- IT -

 

Ex-Postions

Procurator

General Director

Director

Managing Director

 

Pinciroli

Marco

 

 

Born in Fiorenzuola d'Arda

(PC)

on 21/11/1970

- Fiscal Code : PNCMRC70S21D611P

 

 

Residence:

 

Celestino Iv

, 9

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Director

 

Devescovi

Stefano

 

 

Born in Bologna

(BO)

on 12/09/1965

- Fiscal Code : DVSSFN65P12A944R

 

 

Residence:

 

Caminadella

, 18

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Director

 

Pellegrini

Pio

 

 

Born in Sonnino

(LT)

on 16/02/1946

- Fiscal Code : PLLPIO46B16I832C

 

 

Residence:

 

Appia Antica

, 87

- 00179

Roma

(RM)

- IT -

 

Ex-Postions

Director

 

Gattiglio

Maurizio

 

 

Born in Torino

(TO)

on 30/06/1960

- Fiscal Code : GTTMRZ60H30L219L

 

 

Residence:

 

Peschiera

, 157

- 10100

Torino

(TO)

- IT -

 

Ex-Postions

Procurator

 

Mosca

Andrea

 

 

Born in Massa

(MS)

on 26/02/1964

- Fiscal Code : MSCNDR64B26F023Z

 

 

Residence:

 

Ariosto

, 1

- 54100

Massa

(MS)

- IT -

 

Ex-Postions

Permanent Auditor

 

Failli

Fabrizio

 

 

Born in ROMA

(RM)

on 14/02/1969

- Fiscal Code : FLLFRZ69B14H501Q

 

 

Residence:

 

PIAVE

, 52

- 00100

Roma

(RM)

- IT -

 

Ex-Postions

Director

 

Vitari

Michele

 

 

Born in Roma

(RM)

on 22/01/1943

- Fiscal Code : VTRMHL43A22H501N

 

 

Residence:

 

Salviucci

, 1

- 00100

Roma

(RM)

- IT -

 

Ex-Postions

Director

 

Ratti

Massimo Luigi Mario Rober

 

 

Born in Casale Monferrato

(AL)

on 24/07/1961

- Fiscal Code : RTTMSM61L24B885T

 

 

Residence:

 

Montecucco

, 144

- 10100

Torino

(TO)

- IT -

 

Ex-Postions

Procurator

 

Formica

Riccardo

 

 

Born in Cesana Torinese

(TO)

on 18/09/1931

- Fiscal Code : FRMRCR31P18C564S

 

 

Residence:

 

Filippo Turati

, 18

- 10100

Torino

(TO)

- IT -

 

Ex-Postions

Chairman of the Board of Aud.

 

Mauri

Mario

 

 

Born in Napoli

(NA)

on 20/10/1950

- Fiscal Code : MRAMRA50R20F839Y

 

 

Residence:

 

Via Ai Ronchi

, 1

Breganzona

- CH -

 

Ex-Postions

Director

Director

 

Morfino

Giuseppe

 

 

Born in Strevi

(AL)

on 08/04/1944

- Fiscal Code : MRFGPP44D08I977I

 

 

Residence:

 

San Felice

, 98

- 10025

Pino Torinese

(TO)

- IT -

 

Ex-Postions

Director

 

Rossignolo

Giovanni Mario

 

 

Born in Vignale Monferrato

(AL)

on 01/10/1930

- Fiscal Code : RSSGNN30R01L881A

 

 

Residence:

 

Tripoli

, 11

- 10100

Torino

(TO)

- IT -

 

Ex-Postions

Chairman

 

Pescara

Antonio

 

 

Born in Brindisi

(BR)

on 26/02/1946

- Fiscal Code : PSCNTN46B26B180E

 

 

Residence:

 

Griziotti Giacomo

, 4

- 20145

Milano

(MI)

- IT -

 

Ex-Postions

Procurator

 

Palmeri

Aldo

 

 

Born in Catania

(CT)

on 30/09/1946

- Fiscal Code : PLMLDA46P30C351I

 

 

Residence:

 

Gorgia Di Leontini

, 78

- 00100

Roma

(RM)

- IT -

 

Ex-Postions

Board Chairman

Director

 

CEASINGS/INCORPORATIONS/MERGES:

 

Project of merging by taking over of

 

 

 

Fidia - S.p.a.

 

 

 

Lombardia

, 11

, 10099

, San Mauro Torinese

(TO)

- IT -

 

 

Fiscal Code: 05787820017

 

 

Date

Merging/splitting-up project:

28/06/2005



Protests

 

Protests checking on the subject firm has given a negative result.

 

 

Data Base Prejudicial Events Search

 

Search performed on a National Scale

 

 

Prejudicial Events Search Result: NEGATIVE

 

Search performed on a specialized data base.

 

Legal Procedures

 

None reported, standing to the latest received edition of the Official Publications.



Financial and Economical Analysis

 

Company's starting of activities dates back to 1984.

The analysis is based on the latest 3 balance sheets.

Under the financial profile unstable results are noted. yet with a positive result in the 2012 (r.o.e. 2,38%). In the last financial year an increase in the turnover has been registered (+11,35%).

The operating result was positive in the last financial year (1,58%) and reflects the field's average.

The operating result is positive and amounts to Eur. 4.420.000 increasing if compared to the yeart 2011.

The economic management produced a gross operating margin of Eur. 7.720.000 with a more then 100% growth.

The company has an excellent net worth if compared to its debts, with a low indebtedness (0,68) improved in comparison with the year before (0,73.).

Subject can manage an equity capital funds for an amount of Eur. 79.462.000 on stable levels.

Total debts recorded amounted to Eur. 188.217.000 (Eur. 133.801.000 of which were m/l term debts) , with no sensible variation.

Companys' indebtedness is fairly high in relation to its net worth; payments average period is slow even in comparison with the sector's.

Liquidity is however good.

Credits are collected in 76,07 days on the average. , a better value than the sector's average.

The financial management generated a cash flow of Eur. 3.878.000.

Subordinate employment cost is of Eur. 20.751.000, i.e. 21,12% on total production costs. , whereas the incidence on sales revenues is of 20,61%.

Financial charges have a high incidence (-3,1%) on turnover figures.



Financial Data

 

 

Complete balance-sheet for the year

al 31/12/2012

(in Eur

x 1)

 

Item Type

Value

Sales

100.662.000

Profit (Loss) for the period

1.892.000

 

 

Complete balance-sheet for the year

al 31/12/2011

(in Eur

x 1)

 

Item Type

Value

Sales

90.394.000

Profit (Loss) for the period

-1.483.000

 

 

Complete balance-sheet for the year

al 31/12/2010

(in Eur

x 1)

 

Item Type

Value

Sales

75.453.690

Profit (Loss) for the period

3.436.529

 

 

Complete balance-sheet for the year

al 31/12/2009

(in Eur

x 1)

 

Item Type

Value

Sales

63.243.072

Profit (Loss) for the period

-2.554.390

 

 

Complete balance-sheet for the year

al 31/12/2008

(in Eur

x 1)

 

Item Type

Value

Sales

120.125.914

Profit (Loss) for the period

8.672.710



Balance Sheets

 

From our constant monitoring of the relevant Public Administration offices, no more recent balance sheets result to have been filed.

 

- Balance Sheet as at 31/12/2012 - 12 Mesi - Currency: - Amounts x 1

 

- Balance Sheet as at 31/12/2011 - 12 Mesi - Currency: - Amounts x 1

 

- Balance Sheet as at 31/12/2010 - 12 Mesi - Currency: - Amounts x 1

 

Years

2012

2011

2010

BALANCE SHEET ACCOUNTS

 

ASSETS

 

 

 

CREDITS VS PARTNERS

 

 

 

. Deposits not yet withdrawn

 

 

 

. Deposits already withdrawn

 

 

 

Total credits vs partners

 

 

 

FIXED ASSETS

 

 

 

. INTANGIBLE FIXED ASSETS

 

 

 

. . Start-up and expansion expenses

 

 

 

. . Research,develop. and advert.expens.

3.982.000

3.948.000

 

. . Industrial patent rights

 

 

 

. . Concessions,licenses,trademarks,etc.

 

122.000

 

. . Goodwill

 

 

 

. . Assets in formation and advance paymen.

 

 

 

. . Other intangible fixed assets

224.000

3.000

 

. Total Intangible Fixed Assets

4.206.000

4.073.000

4.316.362

. TANGIBLE FIXED ASSETS

 

 

 

. . Real estate

5.145.000

5.211.000

 

. . Plant and machinery

138.000

172.000

 

. . Industrial and commercial equipment

579.000

466.000

 

. . Other assets

173.000

221.000

 

. . Assets under construction and advances

593.000

536.000

 

. Total Tangible fixed assets

6.628.000

6.606.000

6.729.443

. FINANCIAL FIXED ASSETS

 

 

 

. . Equity investments

121.518.000

97.102.000

96.818.056

. . . Equity invest. in subsidiary companies

121.517.000

95.561.000

95.278.464

. . . Equity invest. in associated companies

 

1.488.000

 

. . . Equity invest. in holding companies

 

 

1.487.760

. . . Equity invest. in other companies

1.000

53.000

51.832

. . Financial receivables

75.541.000

104.074.000

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

75.541.000

104.074.000

 

. . . Receivab due from subsidiaries

75.541.000

104.074.000

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

75.541.000

104.074.000

 

. . . Receivables due from assoc.comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from third parties

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Other securities

 

 

15.942.506

. . Own shares

 

 

 

. . . Total nominal value

 

 

 

. Total financial fixed assets

197.059.000

201.176.000

112.760.562

Total fixed assets

207.893.000

211.855.000

123.806.367

CURRENT ASSETS

 

 

 

. INVENTORIES

 

 

 

. . Raw materials and other consumables

12.573.000

9.632.000

 

. . Work in progress and semimanufactured

3.496.000

5.282.000

 

. . Work in progress on order

 

 

 

. . Finished goods

2.842.000

4.319.000

 

. . Advance payments

 

 

 

. Total Inventories

18.911.000

19.233.000

17.174.151

. CREDITS NOT HELD AS FIXED ASSETS

 

 

 

. . Within 12 months

49.353.000

50.171.000

36.598.360

. . Beyond 12 months

2.025.000

1.759.000

1.812.661

. . Trade receivables

21.271.000

21.240.000

32.615.423

. . . . Within 12 months

21.271.000

21.240.000

32.615.423

. . . . Beyond 12 months

 

 

 

. . Receivables due from subsid. comp.

7.952.000

6.293.000

 

. . . . Within 12 months

7.952.000

6.293.000

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from assoc. comp.

17.102.000

18.220.000

 

. . . . Within 12 months

17.102.000

18.220.000

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Fiscal Receivables

437.000

1.776.000

1.771.619

. . . . Within 12 months

437.000

1.776.000

1.771.619

. . . . Beyond 12 months

 

 

 

. . Receivables for anticipated taxes

2.025.000

1.759.000

1.802.439

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

2.025.000

1.759.000

1.802.439

. . Receivables due from third parties

2.591.000

2.642.000

2.221.540

. . . . Within 12 months

2.591.000

2.642.000

2.211.318

. . . . Beyond 12 months

 

 

10.222

. Total Credits not held as fixed assets

51.378.000

51.930.000

38.411.021

. FINANCIAL ASSETS

 

 

 

. . Equity invest. in subsidiary comp.

 

 

 

. . Equity invest. in associated companies

 

 

 

. . Equity invest. in holding companies

 

 

 

. . Other equity investments

 

 

 

. . Own shares

 

 

 

. . . Total nominale value

 

 

 

. . Other securities

 

 

 

. Total Financial Assets

 

 

89.336.197

. LIQUID FUNDS

 

 

 

. . Bank and post office deposits

697.000

2.402.000

 

. . Checks

 

 

 

. . Banknotes and coins

22.000

70.000

 

. Total Liquid funds

719.000

2.472.000

458.034

Total current assets

71.008.000

73.635.000

145.379.403

ADJUSTMENT ACCOUNTS

 

 

 

. Discount on loans

 

 

 

. Other adjustment accounts

 

 

 

Total adjustments accounts

 

 

 

TOTAL ASSETS

278.901.000

285.490.000

269.185.770

 

 

 

 

LIABILITIES

 

 

 

STOCKHOLDERS' EQUITY

 

 

 

. Capital stock

21.606.000

21.602.000

21.600.337

. Additional paid-in capital

46.463.000

46.451.000

 

. Revaluation reserves

 

 

 

. Legal reserve

4.320.000

4.320.000

2.733.635

. Reserve for Own shares

 

 

 

. Statute reserves

 

 

 

. Other reserves

6.754.000

7.875.000

52.226.002

. Accumulated Profits (Losses)

-1.573.000

-1.573.000

-1.572.844

. Profit( loss) of the year

1.892.000

-1.483.000

3.436.529

. Advances on dividends

 

 

 

. Partial loss of the year Coverage

 

 

 

Total Stockholders'Equity

79.462.000

77.192.000

78.423.659

RESERVES FOR RISKS AND CHARGES

 

 

 

. . Reserve for employee termination indem.

 

 

 

. . Taxation fund, also differed

816.000

654.000

695.426

. . Other funds

6.477.000

4.673.000

7.305.085

Total Reserves for Risks and Charges

7.293.000

5.327.000

8.000.511

Employee termination indemnities

3.425.000

3.146.000

3.204.590

ACCOUNTS PAYABLE

 

 

 

. . . . Within 12 months

54.416.000

58.828.000

73.872.807

. . . . Beyond 12 months

133.801.000

140.651.000

105.684.203

. . Bonds

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Convertible bonds repayable

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to shareholders for financing

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to banks

134.918.000

138.168.000

134.584.590

. . . . Within 12 months

7.238.000

3.938.000

35.306.947

. . . . Beyond 12 months

127.680.000

134.230.000

99.277.643

. . Due to other providers of finance

6.217.000

7.961.000

 

. . . . Within 12 months

96.000

1.540.000

 

. . . . Beyond 12 months

6.121.000

6.421.000

 

. . Advances from customers

1.339.000

4.121.000

2.869.487

. . . . Within 12 months

1.339.000

4.121.000

2.869.487

. . . . Beyond 12 months

 

 

 

. . Trade payables

24.422.000

25.262.000

26.876.790

. . . . Within 12 months

24.422.000

25.262.000

26.876.790

. . . . Beyond 12 months

 

 

 

. . Securities issued

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to subsidiary companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to associated companies

11.392.000

16.817.000

 

. . . . Within 12 months

11.392.000

16.817.000

 

. . . . Beyond 12 months

 

 

 

. . Due to holding companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to the tax authorities

2.069.000

1.156.000

682.879

. . . . Within 12 months

2.069.000

1.156.000

682.879

. . . . Beyond 12 months

 

 

 

. . Due to social security and welfare inst.

1.580.000

1.419.000

 

. . . . Within 12 months

1.580.000

1.419.000

 

. . . . Beyond 12 months

 

 

 

. . Other payables

6.280.000

4.575.000

14.543.264

. . . . Within 12 months

6.280.000

4.575.000

8.136.704

. . . . Beyond 12 months

 

 

6.406.560

Total accounts payable

188.217.000

199.479.000

179.557.010

ADJUSTMENT ACCOUNTS

 

 

 

. Agio on loans

 

 

 

. Other adjustment accounts

504.000

346.000

 

Total adjustment accounts

504.000

346.000

 

TOTAL LIABILITIES

278.901.000

285.490.000

269.185.770

 

 

 

 

 

 

 

 

 

PROFIT AND LOSS ACCOUNTS

 

VALUE OF PRODUCTION

 

 

 

. Revenues from sales and services

100.662.000

90.394.000

75.453.690

. Changes in work in progress

-3.892.000

2.395.000

694.990

. Changes in semi-manufact. products

 

 

 

. Capitalization of internal work

1.456.000

891.000

1.717.940

. Other income and revenues

4.458.000

1.958.000

2.915.025

. . Contributions for operating expenses

1.058.000

459.000

 

. . Different income and revenues

3.400.000

1.499.000

2.915.025

Total value of production

102.684.000

95.638.000

80.781.645

PRODUCTION COSTS

 

 

 

. Raw material,other materials and consum.

48.857.000

48.179.000

39.459.646

. Services received

22.287.000

21.689.000

19.604.623

. Leases and rentals

1.436.000

1.334.000

 

. Payroll and related costs

20.751.000

18.867.000

17.797.515

. . Wages and salaries

14.700.000

13.430.000

 

. . Social security contributions

4.493.000

4.136.000

 

. . Employee termination indemnities

 

 

 

. . Pension and similar

 

 

 

. . Other costs

1.558.000

1.301.000

 

. Amortization and depreciation

1.986.000

1.689.000

1.582.901

. . Amortization of intangible fixed assets

1.272.000

1.100.000

 

. . Amortization of tangible fixed assets

458.000

497.000

 

. . Depreciation of tangible fixed assets

 

 

 

. . Writedown of current receiv.and of liquid

256.000

92.000

 

. Changes in raw materials

 

 

 

. Provisions to risk reserves

1.314.000

2.710.000

 

. Other provisions

 

 

 

. Other operating costs

1.633.000

1.819.000

 

Total production costs

98.264.000

96.287.000

78.444.685

Diff. between value and cost of product.

4.420.000

-649.000

2.336.960

FINANCIAL INCOME AND EXPENSE

 

 

 

. Income from equity investments

 

667.000

 

. . In subsidiary companies

 

 

 

. . In associated companies

 

 

 

. . In other companies

 

 

 

. Other financial income

3.362.000

3.544.000

13.517.740

. . Financ.income from receivables

 

 

 

. . . Towards subsidiary companies

 

 

 

. . . Towards associated companies

 

 

 

. . . Towards holding companies

 

 

 

. . . Towards other companies

 

 

 

. . Financ.income from secur. t.f.assets

 

 

 

. . Financ.income from secur. cur.assets

 

 

 

. . Financ.income other than the above

 

 

13.517.740

. . . - Subsidiary companies

 

 

 

. . . - Associated companies

 

 

 

. . . - Holding companies

 

 

 

. . . - Other companies

 

 

13.517.740

. Interest and other financial expense

-6.479.000

-6.978.000

-11.795.321

. . Towards subsidiary companies

 

 

 

. . Towards associated companies

 

 

 

. . Towards holding companies

 

 

 

. . Towards other companies

 

 

-11.795.321

Total financial income and expense

-3.117.000

-2.767.000

1.722.419

ADJUSTMENTS TO FINANCIAL ASSETS

 

 

 

. Revaluations

 

 

 

. . Of equity investments

 

 

 

. . Of financ.fixed assets not repres.E.I.

 

 

 

. . Of securities incl.among current assets

 

 

 

. Devaluation

-2.130.000

 

 

. . Of equity investments

-2.130.000

 

 

. . Of financial fixed assets (no equity inv)

 

 

 

. . Of securities included among current ass

 

 

 

Total adjustments to financial assets

-2.130.000

 

 

EXTRAORDINARY INCOME AND EXPENSE

 

 

 

. Extraordinary income

4.313.000

2.791.000

 

. . Gains on disposals

4.031.000

 

 

. . Other extraordinary income

282.000

2.791.000

 

. Extraordinary expense

-319.000

-226.000

 

. . Losses on disposals

 

 

 

. . Taxes relating to prior years

-31.000

-4.000

 

. . Other extraordinary expense

-288.000

-222.000

 

Total extraordinary income and expense

3.994.000

2.565.000

 

Results before income taxes

3.167.000

-851.000

4.059.379

. Taxes on current income

1.275.000

632.000

622.850

. . current taxes

1.379.000

629.000

622.850

. . differed taxes(anticip.)

-104.000

3.000

 

. Net income for the period

1.892.000

-1.483.000

3.436.529

. Adjustments in tax regulations pursuance

 

 

 

. Provisions in tax regulations pursuance

 

 

 

. Profit (loss) of the year

1.892.000

-1.483.000

3.436.529

 

 

RATIOS

Value Type

as at 31/12/2012

as at 31/12/2011

as at 31/12/2010

Sector Average

COMPOSITION ON INVESTMENT

 

 

 

 

 

Rigidity Ratio

Units

0,75

0,74

0,46

0,19

Elasticity Ratio

Units

0,25

0,26

0,54

0,79

Availability of stock

Units

0,07

0,07

0,06

0,20

Total Liquidity Ratio

Units

0,19

0,19

0,48

0,52

Quick Ratio

Units

0,00

0,01

0,33

0,03

COMPOSITION ON SOURCE

 

 

 

 

 

Net Short-term indebtedness

Units

0,68

0,73

0,94

3,31

Self Financing Ratio

Units

0,28

0,27

0,29

0,18

Capital protection Ratio

Units

0,70

0,74

0,68

0,66

Liabilities consolidation quotient

Units

2,52

2,44

1,47

0,18

Financing

Units

2,37

2,58

2,29

4,09

Permanent Indebtedness Ratio

Units

0,78

0,77

0,70

0,33

M/L term Debts Ratio

Units

0,49

0,50

0,40

0,11

Net Financial Indebtedness Ratio

Units

1,77

1,86

1,71

0,61

CORRELATION

 

 

 

 

 

Fixed assets ratio

Units

1,04

1,04

1,51

1,80

Current ratio

Units

1,30

1,25

1,97

1,23

Acid Test Ratio-Liquidity Ratio

Units

0,96

0,92

1,74

0,86

Structure's primary quotient

Units

0,38

0,36

0,63

1,12

Treasury's primary quotient

Units

0,01

0,04

1,22

0,07

Rate of indebtedness ( Leverage )

%

350,99

369,84

343,25

541,00

Current Capital ( net )

Value

16.592.000

14.807.000

71.506.596

380.064

RETURN

 

 

 

 

 

Return on Sales

%

3,85

0,23

6,65

3,59

Return on Equity - Net- ( R.O.E. )

%

2,38

-1,92

4,38

4,82

Return on Equity - Gross - ( R.O.E. )

%

3,99

-1,10

5,18

19,04

Return on Investment ( R.O.I. )

%

1,58

-0,23

0,87

4,67

Return/ Sales

%

4,39

-0,72

3,10

4,49

Extra Management revenues/charges incid.

%

42,81

n.c.

147,05

25,43

Cash Flow

Value

3.878.000

206.000

5.019.430

134.539

Operating Profit

Value

4.420.000

-649.000

2.336.960

158.212

Gross Operating Margin

Value

7.720.000

3.750.000

3.919.861

292.137

MANAGEMENT

 

 

 

 

 

Credits to clients average term

Days

76,07

84,59

155,61

103,46

Debts to suppliers average term

Days

177,64

212,75

163,82

128,84

Average stock waiting period

Days

67,63

76,60

81,94

68,68

Rate of capital employed return ( Turnover )

Units

0,36

0,32

0,28

1,11

Rate of stock return

Units

5,32

4,70

4,39

5,22

Labour cost incidence

%

20,61

20,87

23,59

19,05

Net financial revenues/ charges incidence

%

-3,10

-3,06

2,28

-1,26

Labour cost on purchasing expenses

%

21,12

19,59

22,69

19,40

Short-term financing charges

%

3,44

3,50

6,57

2,64

Capital on hand

%

277,07

315,83

356,76

90,11

Sales pro employee

Value

300.483

290.655

135.708

181.347

Labour cost pro employee

Value

61.943

60.665

32.010

33.314

 

 

Remarks

 

1) Protests checking (relative to the last five years) performed by crossing and matching the members names and the Firm's Style with the reported addresses, is supplied by the Informatic Registry managed by the Italian Chamber of Commerce. If the fiscal code is not indicated, the eventual homonymous cases are submitted to expert staff evaluation in order to limit wrong matching risks.

 

2) The Legal Data, supplied and retrived from the Firm's Registry of the Italian Chamber of Commerce, are in line with the last registered modifications.

 

3) Risk evaluation and Credit Opinion have been performed on the base of the actual data at the moment of their availability.

 

 

Market / Territory Data

 

Population living in the province

:

2.236.941

Population living in the region

:

4.330.172

Number of families in the region

:

1.889.207

 

Monthly family expences average in the region (in Eur..) :

 

- per food products

:

429

- per non food products

:

1.789

- per energy consume

:

135

 

 

Sector Data

 

The values are calculated on a base of 1.330 significant companies.

 

The companies cash their credits on an average of 103 dd.

The average duration of suppliers debts is about 129 dd.

The sector's profitability is on an average of 3,59%.

The labour cost affects the turnover in the measure of 19,05%.

Goods are held in stock in a range of 69 dd.

The difference between the sales volume and the resources used to realize it is about 1,11.

The employees costs represent the 19,40% of the production costs.

 

 

Statistical Detrimental Data

 

Statistcally the trade activity shows periods of crisis.

The area is statistically considered moderately risky.

In the region 27.019 protested subjects are found; in the province they count to 16.723.

The insolvency index for the region is 0,63, , while for the province it is 0,76.

Total Bankrupt companies in the province : 7.726.

Total Bankrupt companies in the region : 14.165.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.60.05

UK Pound

1

Rs.101.65

Euro

1

Rs.83.07

 

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

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