|
Report Date : |
28.05.2014 |
IDENTIFICATION DETAILS
|
Name : |
APERAM INOX SERVIÇOS
BRASIL LTDA |
|
|
|
|
Registered Office : |
Avenida Carandai, 1115 23º. Andar – Funcionarios, 30.130-915 - Belo Horizonte/MG |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
12.12.1951 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Distributor of Stainless Steel |
|
|
|
|
No. of Employees : |
217 Employee |
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 : |
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 – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Brazil |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
BRAZIL - ECONOMIC OVERVIEW
Characterized by large and well-developed agricultural, mining, manufacturing, and service sectors, and a rapidly expanding middle class, Brazil's economy outweighs that of all other South American countries, and Brazil is expanding its presence in world markets. Since 2003, Brazil has steadily improved its macroeconomic stability, building up foreign reserves, and reducing its debt profile by shifting its debt burden toward real denominated and domestically held instruments. In 2008, Brazil became a net external creditor and two ratings agencies awarded investment grade status to its debt. After strong growth in 2007 and 2008, the onset of the global financial crisis hit Brazil in 2008. Brazil experienced two quarters of recession, as global demand for Brazil's commodity-based exports dwindled and external credit dried up. However, Brazil was one of the first emerging markets to begin a recovery. In 2010, consumer and investor confidence revived and GDP growth reached 7.5%, the highest growth rate in the past 25 years. Rising inflation led the authorities to take measures to cool the economy; these actions and the deteriorating international economic situation slowed growth in 2011-13. Unemployment is at historic lows and Brazil's traditionally high level of income inequality has declined for each of the last 14 years. Brazil's historically high interest rates have made it an attractive destination for foreign investors. Large capital inflows over the past several years have contributed to the appreciation of the currency, hurting the competitiveness of Brazilian manufacturing and leading the government to intervene in foreign exchange markets and raise taxes on some foreign capital inflows. President Dilma ROUSSEFF has retained the previous administration's commitment to inflation targeting by the central bank, a floating exchange rate, and fiscal restraint.
|
Source
: CIA |
APERAM INOX SERVIÇOS
BRASIL LTDA
|
MAIN ADDRESS: |
AVENIDA CARANDAI, 1115 23º. ANDAR - FUNCIONARIOS |
|
ZIP CODE/CITY: |
30.130-915 - BELO HORIZONTE/MG |
|
|
|
|
PHONE: |
31 3235-0000 |
|
FAX: |
31 3235-0000 |
|
E-MAIL: |
flavio_jesus.jose@aperam.com |
|
WEB SITE: |
www.aperam.com |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
RUA PAPA JOÃO XXIII,1422 PORETÃO 03 - JD MANGIACAPRA |
|
ZIP CODE/CITY: |
14807-192 ARARAQUARA/SP |
|
|
|
|
ADDRESS: |
RODOVIA BR 381, KM,196 PORTARIA 3 - USINA ACESITA |
|
ZIP CODE/CITY: |
35180-000 TIMÓTEO/MG |
|
|
|
|
REQUESTED ADDRESS: |
AVENIDA MERCEDES BENZ,1420 - DISTRITO INDUSTRIAL |
|
ZIP CODE/CITY: |
13054-750 CAMPINAS/SP |
|
PHONE: |
19 3211-4800 |
|
CNPJ: |
60.500.121/0013-68 |
|
STATE REGISTER: |
244.687.476.111 |
|
|
|
|
ADDRESS: |
RODOVIA PRESIDENTE DUTRA,10501 PORTÃO 02 - ROCHA SOBRINHO |
|
ZIP CODE/CITY: |
26574-751 MESQUITA/RJ |
FURTHER TO THE ABOVE THE COMPANY ALSO HAS OTHER BRANCHES LOCATED IN:
JABOATÃO DOS GUARARAPES/PE, MANAUS/AM, PIRACICABA/SP, SALVADOR/BA, SÃO JOSÉ DO
RIO PRETO/SP, SÃO PAULO/SP AND TIMOTEO/MG.
|
MAIN ACTIVITIES: |
|
DISTRIBUTOR OF STAINLESS STEEL. |
|
LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
|
|
|
|
INCORPORATION DATE: |
12/12/1951 |
|
REGISTER DATE: |
12/12/1951 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
60.500.121/0001-24 |
|
STATE REGISTER: |
687741.5150.197 |
|
|
|
|
SHARE CAPITAL: |
R$
468.958.093,00 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
MARCELO DE ABREU MARINZEK |
MANAGER |
|
AVIV JOAQUIM BEZERRA DE MELO |
MANAGER |
|
ROGERIO GERALDO DE CARVALHO |
MANAGER |
|
FLAVIO RAFAEL ANDRADE |
MANAGER |
|
THE MANAGERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
APERAM INOX AMERICA DO SUL S/A |
R$
468.958.092,00 |
|
ACESITA INTERNATIONAL LIMITED |
R$ 1,00 |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
ARCELORMITTAL BIOENERGIA LTDA |
|
|
ACESITA CARBONO LTDA |
|
|
COMPTECH ELETRÔNICA LTDA |
|
|
AÇOS PLANOS DO SUL S/A |
|
|
ACESITA PARTICIPAÇÕES LTDA |
|
|
ACESITA EMPREENDIMENTOS LTDA |
|
THE SUBJECT WAS ESTABLISHED ON DECEMBER 12, 1951 TO BE ENGAGED IN THE SAID LINE OF BUSINESS.
PREVIOUS CORPORATE NAME:
- CIA MERCANTIL METROPOLITANA;
- BRASIFCO S/A.
ON AUGUST 2001, THE COMPANY ACESITA SERVIÇOS COMÉRCIO INDÚSTRIA PARTICIPAÇÕES LTDA TOOK OVER AMORIM S/A AÇO INOXIDAVEL AND ALTERED ITS NAME TO ARCELORMITTAL INOX BRASIL SERVICOS LTDA.
EARLY 2011 THE ARCELORMITTAL GROUP UNDERWENT A SPIN-OFF, IN WHICH ITS STAINLESS STEEL BUSINESS WAS SEGREGATED INTO A NEW COMPANY NAMED APPERAM.
IN BRAZIL, SUBJECT WAS THE STAINLESS STEEL BUSINESS BRANCH OF THE ARCELORMITTAL GROUP.
AS A RESULT OF THIS SPIN-OFF, ON SEPTEMBER 16, 2011 SUBJECT'S NAME WAS CHANGED FROM ARCELORMITTAL INOX BRASIL SERVICOS LTDA TO THE ABOVE-MENTIONED STYLE.
PARTNERS:
APERAM INOX AMERICA DO SUL S/A: HEADQUARTERED AT AV. GARANDAI 1115, 23º ANDAR, BELO HORIZONTE/MG, REGISTRATION # NIRE 31300042707 AND CNPJ 33.390.170/0001-89.
ACESITA INTERNATIONAL LIMITED: HEADQUARTERED AT CAYMAN ISLANDS, BRITISH WEST INDIS (BWI) THIRSTY IN FOURTH FLOOR, ONE CAPITAL PLACE, P.O. COX 847GT, GRANC CAYMAN BRIST WEST (BWI, REGISTRATION # CNPJ 06.021.231/0001-68
FURTHER DETAILS ARE SO FAR NOT KNOWN.
REMARKS:
--------
WHEN INTERVIEWED SOURCES AT THE SUBJECT STATED THAT ARE STILL WAITING FOR AUTHORIZATION FROM THE PRINCIPALS TO PROVIDE THE DATA NECESSARY TO COMPLETE THIS REPORT.
A REQUEST FOR FURTHER DATA HAS BEEN SENT TO THE COMPANY. PROVIDED THE DATA REQUESTED ARE RECEIVED FROM THE SUBJECT A COMPLEMENTARY REPORT WILL BE SENT TO YOUR ATTENTION.
THE DATA CONTAINED HEREIN WERE OBTAINED FROM OUTSIDE
SOURCES, OUR DATABASE AND OFFICIAL. NO FURTHER DATA WAS AVAILABLE WITH SEVERAL
SOURCES USUALLY INVESTIGATED.
|
PUBLIC INFORMATION: |
|
PROTESTS: |
|
1 PROTEST,TOTAL AMOUNT R$
1.481,99 |
|
DETAILS OF PROTEST: |
|
NOTARY OFFICE: |
DATE: |
VALUE: |
|
1º CARTORIO DE CAMPINAS/SP |
20/03/2014 |
R$ 1.481,99 |
|
LAWSUITS: |
|
|
|
|
DATE: |
COURT OF LAW: |
|
5 |
FEDERAL LAWSUITS |
16/09/13 |
27ª VARA DE BELO HORIZONTE/MG |
|
(RESEARCH DATE: 26/05/2014) |
|
GENERAL BALANCE SHEETS AS OF 31/12/2011 AND 31/12/2010. |
|
( FIGURES ARE IN THOUSANDS OF REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/12/2011 |
31/12/2010 |
|
|
|
|
|
|
|
CASH AND BANKS |
1.563 |
2.152 |
|
|
CLIENTS |
48.903 |
39.277 |
|
|
INVENTORY |
64.831 |
55.739 |
|
|
RECOVERABLE TAXES |
9.507 |
9.237 |
|
|
DIVIDENDS RECEIVABLES |
45.522 |
|
|
|
OTHER CREDITS |
1.119 |
1.688 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL CURRENT ASSETS |
171.445 |
108.093 |
|
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
RECOVERABLE TAXES |
553 |
288 |
|
|
JUDICIAL DEPOSITS |
1.751 |
853 |
|
|
DEFERRED TAXES |
44.260 |
41.159 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL LONG-TERM RECEIVABLES |
46.564 |
42.300 |
|
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
INVESTMENTS |
269.393 |
294.910 |
|
|
FIXED ASSETS |
66.435 |
67.047 |
|
|
INTANGIBLE |
12.735 |
9.242 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL FIXED ASSETS |
348.563 |
371.199 |
|
|
|
================ |
================ |
|
|
TOTAL ASSETS |
566.572 |
521.592 |
|
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2011 |
31/12/2010 |
|
|
|
|
|
|
|
SUPPLIERS |
126.898 |
86.094 |
|
|
SALARY, TAXES & CONTRIB. |
3.332 |
3.694 |
|
|
TAX LIABILITIES |
4.784 |
3.591 |
|
|
ACCOUNTS PAYABLE |
3.979 |
3.580 |
|
|
FINANCING |
3.226 |
1.922 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL CURRENT LIABILITIES |
142.219 |
98.881 |
|
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
PROVISION FOR CONTINGENCIES |
13.294 |
1.301 |
|
|
INTERCOMPANY DEBTS |
25.754 |
22.378 |
|
|
FINANCING |
7.447 |
12.186 |
|
|
DEFERRED TAXES |
5.528 |
5.427 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL LONG TERM LIABILITIES |
52.023 |
41.292 |
|
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
238.141 |
238.141 |
|
|
ACCRUED PROFIT (LOSS) |
1.882 |
16.411 |
|
|
PROFIT RESERVES |
93.353 |
93.353 |
|
|
ADJUSTMENTS |
38.954 |
33.514 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL NET EQUITY |
372.330 |
381.419 |
|
|
|
================ |
================ |
|
|
TOTAL LIABILITIES |
566.572 |
521.592 |
|
|
PROFIT AND LOSS ACCOUNTS AS OF 31/12/2011 AND 31/12/2010. |
|
(FIGURES ARE IN THOUSANDS OF REAIS ). |
|
|
31/12/2011 |
31/12/2010 |
|
|
|
|
|
|
|
GROSS SALES |
|
396.469 |
|
|
(-) TAXES ON SALES |
|
113.428 |
|
|
|
---------------- |
---------------- |
|
|
NET SALES |
259.073 |
283.041 |
|
|
(-) COST OF SOLD GOODS |
237.507 |
272.760 |
|
|
|
---------------- |
---------------- |
|
|
GROSS PROFIT |
21.566 |
10.281 |
|
|
OPERATING REVENUE (EXPENSE) |
-26.070 |
4.371 |
|
|
FINANCIAL REVENUE(EXPENSE) |
-12.948 |
216 |
|
|
|
---------------- |
---------------- |
|
|
OPERATIONAL PROFIT (LOSS) |
-17.452 |
14.868 |
|
|
CONTRIBUTION/INCOME TAX |
2.923 |
1.812 |
|
|
|
---------------- |
---------------- |
|
|
NET PROFIT (LOSS) |
-14.529 |
16.680 |
|
|
RATIOS: |
31/12/2011 |
31/12/2010 |
|
|
QUICK RATIO |
,75 |
|
,53 |
|
|
|
|
CURRENT RATIO |
1,21 |
|
1,09 |
|
|
|
|
ACCOUNTS RECEIVABLE TURNOVER |
5,30 |
TIMES |
7,21 |
TIMES |
|
|
|
DAYS' SALES IN RECEIVABLES |
67,95 |
DAYS |
49,96 |
DAYS |
|
|
|
INVENTORY TURNOVER |
3,66 |
TIMES |
4,89 |
TIMES |
|
|
|
ACCOUNTS PAYABLE PERIOD |
192,35 |
DAYS |
113,63 |
DAYS |
|
|
|
RETURN ON ASSETS |
,46 |
TIMES |
,54 |
TIMES |
|
|
|
SALES TURNOVER ON NET EQUITY |
,70 |
TIMES |
,74 |
TIMES |
|
|
|
NET WORTH TIE-UP |
,18 |
|
,18 |
|
|
|
|
INDEBTEDNESS |
,52 |
|
,37 |
|
|
|
|
EQUITY RATIO |
65,72 |
% |
73,13 |
% |
|
|
|
WORKING CAPITAL RATIO |
20,55 |
% |
9,32 |
% |
|
|
|
GENERAL SOLVENCY |
2,92 |
|
3,72 |
|
|
|
|
RETURN ON NET EQUITY |
-3,90 |
% |
4,37 |
% |
|
|
|
RETURN ON SALES (PROFIT MARGIN) |
-5,61 |
% |
5,89 |
% |
|
|
|
GROSS PROFIT MARGIN |
8,32 |
% |
3,63 |
% |
|
|
|
OPERATIONAL RESULT |
-6,74 |
% |
5,25 |
% |
|
|
|
SALES TURNOVER ON LIABILITIES |
1,82 |
TIMES |
2,86 |
TIMES |
|
|
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 2,22 |
- OFFICIAL RATE ON 26/05/2014 |
|
US$ 1,00 = R$ 1,87 |
- OFFICIAL RATE ON 31/12/2011 |
|
US$ 1,00 = R$ 1,66 |
- OFFICIAL RATE ON 31/12/2010 |
|
COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS THE FIGURES AVAILABLE SHOW A FAIR FINANCIAL STANDING. IT HAS GOOD
CURRENT RATIO AND ACCEPTABLE LEVEL OF INDEBTEDNESS. ON THE OTHER HAND, IT
SHOWS DROP IN SALES AND POSTED LOSS DUE TO THE HIGH INCREASE OF FINANCIAL
EXPENSES. |
|
REAL ESTATE: |
NOT AVAILABLE
|
VEHICLES: |
NOT AVAILABLE
|
MACHINES: |
NOT AVAILABLE
NOT AVAILABLE
|
|
BRANCH/PHONE: |
CITY: |
|
BANCO ITAÚ (UNIBANCO) S/A |
0107 / 31 2125-4919 |
TIMÓTEO/MG |
|
BANCO DO BRASIL S/A |
3308-1 / 31 3299-7940 |
TIMÓTEO/MG |
|
BANCO BRADESCO S/A |
2011 / 31
3217-5960 |
|
|
BANCO SAFRA S/A |
02700 / 11 6097-6685 |
SÃO PAULO/SP |
|
BANCO ITAU S/A |
1403 / 31 3194-1365 |
|
|
BANCO SANTANDER (BRASIL) S/A |
2279 / 31 3269-6823 |
|
|
REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE
INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW PROHIBITION
WE ARE UNABLE TO PROVIDE ANY BANKING DETAILS. ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL REPORT, THE COMPANY
HAS NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682
BRAZILIAN CENTRAL BANK"). DATE RESEARCHED: MAY 26, 2014. |
|
SUBJECT IS ENGAGED AS DISTRIBUTOR OF STAINLESS STEEL. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
SPAIN, GERMANY AND FRANCE. |
EXPORTS TO:
|
NOT AVAILABLE. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
|
PHONE: |
|
ALIANÇA METALÚRGICA S/A |
|
11 2951-1607 |
|
DELAVAL LTDA |
|
19 3208-1222 |
|
ELEVADORES ATLAS SCHINDLER S/A |
|
21 2413-6050 |
|
IFER DA AMAZÔNIA LTDA. |
|
92 3615-4545 |
|
MULTIBRAS S/A. ELETRODOMÉSTICOS |
|
11 5586-6100 |
|
PANASONIC DO BRASIL LTDA |
|
12 3935-9031 |
|
SADIA S/A |
|
11 3649-3634 |
|
UNILEVER BESTFOODS BRASIL LTDA |
|
62 4008-3607 |
|
YALE |
|
11 5693-4700 |
|
STAFF: |
|
|
|
THE COMPANY HAS: 217 EMPLOYEE(S) |
|
THE SUBJECT IS A
WELL-ESTABLISHED COMPANY, OPERATING SINCE 2001. IT IS ULTIMATELY CONTROLLED
BY THE ARCELORMITTAL GROUP, WHICH HAS HUGE FINANCIAL POWER, THUS MAY GIVE THE
SUBJECT THE NECESSARY FINANCIAL SUPPORT WHENEVER REQUIRED. THE COMPANY HAS TRADE
RELATIONS WITH SEVERAL SUPPLIERS IN BRAZIL. THE SUPPLIERS EXTEND CREDIT
FACILITIES TO THE SUBJECT IN TERMS AND AMOUNTS ACCORDING TO THE COMPANY'S
NEEDS AND SO FAR NO PAYMENT PROBLEMS ARE NOTED. THE LAWSUITS
REPORTED ARE NOT RELATED WITH TRADE DEBTS. THEY ARE RELATED TO TAX DEBTS THAT
FOR ANY REASON THE COMPANY HAS NOT YET PAID. NEVERTHELESS WE POINT OUT THAT
THE SAID LAWSUITS DO NOT AFFECT THE COMPANY’S TRADE REPUTATION. THE PROTEST FOUND
DOES NOT AFFECT ITS REPUTATION GIVEN THE SMALL AMOUNT INVOLVED. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC SUPPLIERS: |
CITY: |
PHONE: |
|
ACESITA S/A |
SÃO PAULO/SP |
31 3325-4287 |
|
FIRAÇO
REPRESENTAÇÕES COMERCIAIS LTDA. |
MARILIA/SP |
14 3454-8600 |
|
GERDAU S/A |
/RS |
51 373-2500 |
|
GUIDES & CIA. |
CURITIBA/PR |
41 3323-6220 |
|
HAGANE FACAS
INDUSTRIAIS |
SÃO PAULO/SP |
11 6524-3887 |
|
HYDROMAQ MECÂNICA
LTDA |
SANTO ANDRE/SP |
11 4991-8033 |
|
INOXTUBOS S/A |
RIBEIRÃO PIRES/SP |
11 4822-7000 |
|
MARCELO
REPRESENTAÇÕES LTDA. |
GOIÂNIA/GO |
62 3942-2000 |
|
MG REPRESENTAÇÕES
LTDA |
CONTAGEM/MG |
31 3555-4612 |
|
NORTON S/A |
GUARULHOS/SP |
11 6464-5218 |
|
PZ SERVIÇOS LTDA |
RIO DE JANEIRO/RJ |
21 2220-1375 |
|
RECONE
REPRESENTAÇÕES LTDA. |
RECIFE/PE |
81 3462-6307 |
|
TÚLIOS
REPRESENTAÇÕES LTDA. |
PRAIA DA COSTRA/ES |
27 3340-0399 |
|
USIFINE MECÂNICA
D EPRECISÃO |
MAUÁ/SP |
11 4555-1226 |
|
VILLARES METALS
S/A |
/SP |
19 3864-8353 |
|
FOREIGN SUPPLIERS: |
COUNTRY: |
|
|
ACERINOX S/A |
SPAIN |
|
|
ARCELORMITTAL STAINLESS
SERVICE LUXEMBURGO S.A. |
FRANCE |
|
|
FROCH ENTREPRISE |
TAIWAN |
|
|
KNC STANLHANDEL
GMBH |
GERMANY |
|
|
KRUPP NIROSTA
EXPORT GMBH |
GERMANY |
|
|
MT GMBH TRADING
& CONSULTING |
GERMANY |
|
|
NOVACEL |
FRNCE |
|
|
POLEG |
ISRAEL |
|
|
ROLDAN |
SPANI |
|
|
THE SURE LINK CO.
LIMITED |
CHINA |
|
|
USINOR BRASIL |
FRANCE |
|
|
PAYMENT HISTORY: |
|
8 SUPPLIERS
REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 226.394,00 |
|
|
|
AMOUNT OF
INVOICES PAID: 18 |
|
TOTAL OF PROMPT
PAYMENTS: 55,5% |
|
TOTAL OF DELAYED
PAYMENTS: 44,5% |
|
|
|
HIGHEST INVOICE:
R$ 100.000,00 |
|
HIGHEST CREDIT:
R$ 100.000,00 |
|
|
|
OUTSTANDING INVOICES DUE WITHIN THE NEXT
30 DAYS: |
|
--------------------------- |
SUPPLIERS: |
INVOICES: |
TOTAL
AMOUNT: |
|
DUE WITHIN 30
DAYS |
1 |
1 |
R$ 10.479,71 |
|
THE SUBJECT IS A
WELL-ESTABLISHED COMPANY, ULTIMATELY CONTROLLED BY ARCELORMITTALGROUP. UP TO
DATE IT HAS A CLEAR TRADE HISTORY AND NORMAL PAYMENT BEHAVIOUR. BASED ON THE GENERAL
INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD TRADE RELATIONS MAY BE
ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED BUT IN MODERATE AMOUNTS ONLY
DUE TO THE ABSENCE OF FINANCIAL DATA. DESPITE THE
ABSENCE OF UPDATED FINANCIAL DATA A CREDIT LIMIT OF USD 1.000.000,00 MAY BE
CONSIDERED. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.06 |
|
|
1 |
Rs.99.61 |
|
Euro |
1 |
Rs.80.60 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
NIT |
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.