|
Report Date : |
29.05.2014 |
IDENTIFICATION DETAILS
|
Name : |
BROVEDANI GROUP
S.P.A. |
|
|
|
|
Registered Office : |
Viale Guglielmo Marconi, 63 33170 – Pordenone (PN) – IT - |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
03.05.2005 |
|
|
|
|
Legal Form : |
Joint stock company |
|
|
|
|
Line of Business : |
Subject include the design
and construction of custom-built machines with integrated multiple
technologies and the management of production
lines for outsourced products |
|
|
|
|
No. of Employees |
51 to 70 |
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) |
|
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 |
|
Brovedani Group S.p.a. |
|
Viale |
Guglielmo Marconi, |
63 |
|
33170 |
- Pordenone |
(PN) |
-IT- |
|
Fiscal Code |
: |
01533350938 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
03/05/2005 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
3.750.000/5.000.000 |
|
Number of Employees |
: |
from 51 to 70 |
Activities of holding companies
Legal Form : Joint stock company
|
Fiscal Code : 01533350938 |
|
Chamber of Commerce no. : 84259 of Pordenone since 17/12/2004 |
|
Firms' Register : PN-2004-18402 of Pordenone since 17/12/2004 |
|
V.A.T. Code : 01533350938 |
|
Establishment date |
: 22/11/2004 |
|
|
Start of Activities |
: 03/05/2005 |
|
|
Legal duration |
: 31/12/2030 |
|
|
Nominal Capital |
: 8.736.000 |
|
|
Subscribed Capital |
: 8.736.000 |
|
|
Paid up Capital |
: 8.736.000 |
|
|
|
Zollia |
Benito |
|
|
|
Born in Gorizia |
(GO) |
on 16/09/1936 |
- Fiscal Code : ZLLBNT36P16E098N |
|
|
|
Residence: |
|
Mattioli |
, 15 |
- 34170 |
Gorizia |
(GO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
08/07/2013 |
|
|
|
Board Chairman |
08/07/2013 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Thill |
Serge |
|
|
|
Born in Esch-sur-alzette |
( ) |
on 25/07/1954 |
- Fiscal Code : THLSRG54L25Z120R |
|
|
|
Residence: |
Coin Du Lohr |
, 7 |
Sanem |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
08/07/2013 |
|
|
|
|
Barel |
Sergio |
|
|
|
Born in Conegliano |
(TV) |
on 07/03/1962 |
- Fiscal Code : BRLSRG62C07C957H |
|
|
|
Residence: |
|
Meduna |
, 5 |
- 33077 |
Sacile |
(PN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
General Director |
16/02/2007 |
|
|
|
Attorney with special power |
05/08/2009 |
|
|
|
Director |
08/07/2013 |
|
|
|
Managing Director |
08/07/2013 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Brovedani International S.a. - Societe A |
nonyme |
|
|
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
|
|
|
No Protests registered |
*checkings have been performed on a national scale.
In this module are listed the companies in which members hold or have
holded positions.
|
|
Zollia |
Benito |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Brovedani S.p.a. |
San Vito Al Tagliamento (PN) - IT - |
00141000935 |
Director |
Active |
Registered |
|
Brovedani S.p.a. |
San Vito Al Tagliamento (PN) - IT - |
00141000935 |
Board Chairman |
Active |
Registered |
|
Office E Co. S.p.a. |
Chions (PN) - IT - |
01291150934 |
Director |
Withdrawn |
Registered |
|
Valmax S.r.l. |
Gorizia (GO) - IT - |
91045060935 |
Director |
Active |
Registered |
|
Valmax S.r.l. |
Gorizia (GO) - IT - |
91045060935 |
Managing
Director |
Active |
Registered |
|
Valmax S.r.l. |
Gorizia (GO) - IT - |
91045060935 |
Board Chairman |
Active |
Registered |
|
Cizeta Di Zollia Benito |
Gorizia (GO) - IT - |
ZLLBNT36P16E098N |
Proprietor |
Withdrawn |
Ceased |
|
S.z. - S.n.c. Di Eugenio Staiz E C. |
Roveredo in Piano (PN) - IT - |
00260320932 |
Co-Partner |
Withdrawn |
Ceased |
|
Brovedani S.p.a. |
San Vito Al Tagliamento (PN) - IT - |
00070020938 |
Chairman |
Withdrawn |
Ceased |
|
Consorzio Keymec S.r.l. In Sigla KeymecS.r.l. |
San Vito Al Tagliamento (PN) - IT - |
01600880932 |
Director |
Active |
Registered |
|
Consorzio Keymec S.r.l. In Sigla KeymecS.r.l. |
San Vito Al Tagliamento (PN) - IT - |
01600880932 |
Board Chairman |
Active |
Registered |
|
Fly S.p.a. |
Attimis (UD) - IT - |
05916260960 |
Director |
Withdrawn |
Registered |
|
Dynamic Technologies S.p.a. |
Attimis (UD) - IT - |
04124050966 |
Director |
Withdrawn |
Registered |
|
PRECITURN MARNAZ |
Marnaz - FR - |
65B15 |
Director |
Active |
Composition with
creditors |
|
|
Barel |
Sergio |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Consorzio Keymec S.r.l. In Sigla KeymecS.r.l. |
San Vito Al Tagliamento (PN) - IT - |
01600880932 |
Director |
Active |
Registered |
|
PRECITURN MARNAZ |
Marnaz - FR - |
65B15 |
Board Chairman |
Withdrawn |
Composition with
creditors |
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.
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Mascherin Renato |
Fiume Veneto - IT - |
MSCRNT54T08Z103X |
87.400 .Eur |
1,00 |
|
Barel Sergio |
Sacile - IT - |
BRLSRG62C07C957H |
87.400 .Eur |
1,00 |
|
Brovedani International S.a. - Societe A nonyme |
|
|
8.299.200 .Eur |
95,00 |
|
Brovedani International S.a. - Societe A nonyme |
|
|
174.600 .Eur |
1,99 |
|
Dreon Ivano |
|
DRNVNI68A14I403V |
87.400 .Eur |
1,00 |
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares
Amount |
% Ownership |
since |
until |
Share Status |
|
Brumgas S.r.l. |
|
07787660963 |
5.385 .Eur |
35,00 |
|
|
Active |
|
Consorzio Keymec S.r.l. In Sigla Keymec S.r.l. |
San Vito Al Tagliamento - IT - |
01600880932 |
6.700 .Eur |
20,05 |
|
|
Active |
|
Brovedani S.p.a. |
San Vito Al Tagliamento - IT - |
00141000935 |
2.750.000 .Eur |
100,00 |
|
|
Active |
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
|
|
|
|
|
|
Guglielmo Marconi |
, 63 |
- 33170 |
- Pordenone |
(PN) |
- IT - |
|
- |
Branch |
(Administrative office) |
since 01/04/2007 |
|
|
|
|
|
|
Venzone |
, 9 |
- 33078 |
- San Vito Al Tagliamento |
(PN) |
- IT - |
|
|
|
|
Employees |
: 58 |
|
|
|
|
Assistants |
: 1 |
|
|
EX-MEMBERS / EX-POSITIONS:
|
|
Zuliani |
Andrea |
|
|
|
Born in Udine |
(UD) |
on 27/10/1954 |
- Fiscal Code : ZLNNDR54R27L483O |
|
|
|
Residence: |
|
Girardini |
, 11 |
- 33100 |
Udine |
(UD) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Pellegrini |
Giovanni |
|
|
|
Born in Pordenone |
(PN) |
on 24/02/1929 |
- Fiscal Code : PLLGNN29B24G888E |
|
|
|
Residence: |
|
Del Boccolo |
, 12 |
- 33080 |
San Quirino |
(PN) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Zollia |
Benito |
|
|
|
Born in Gorizia |
(GO) |
on 16/09/1936 |
- Fiscal Code : ZLLBNT36P16E098N |
|
|
|
Residence: |
|
Mattioli |
, 15 |
- 34170 |
Gorizia |
(GO) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
|
Facchin |
Luigi |
|
|
|
Born in Pordenone |
(PN) |
on 27/09/1961 |
- Fiscal Code : FCCLGU61P27G888A |
|
|
|
Residence: |
|
Vivuola |
, 14 |
- 33170 |
Pordenone |
(PN) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Permanent Auditor |
|
|
Jelmoni |
Alessandro |
|
|
|
Born in San Dona' di Piave |
(VE) |
on 03/07/1967 |
- Fiscal Code : JLMLSN67L03H823Y |
|
|
|
Residence: |
Av. Henry Dunant |
, 1 |
Montecarlo |
- MC - |
|
Ex-Postions |
|
Director |
|
Board Chairman |
|
Director |
|
|
Pellegrini |
Mario |
|
|
|
Born in Pordenone |
(PN) |
on 07/07/1959 |
- Fiscal Code : PLLMRA59L07G888D |
|
|
|
Residence: |
|
Xx Settembre |
, 21 |
- 33170 |
Pordenone |
(PN) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Kirschmann |
Francois Jean Freddy |
|
|
|
Born in Morges |
( ) |
on 26/06/1945 |
- Fiscal Code : KRSFNC45H26Z133L |
|
|
|
Residence: |
Chemin Du Sorgy |
, 12 |
Morges |
- CH - |
|
Ex-Postions |
|
Director |
|
|
Azzano |
Andrea |
|
|
|
Born in Pordenone |
(PN) |
on 29/03/1973 |
- Fiscal Code : ZZNNDR73C29G888X |
|
|
|
Residence: |
|
C. Colombo |
, 67/3 |
- 33080 |
Porcia |
(PN) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
FERRARO |
GIACOMO |
|
|
|
Born in GENOVA |
(GE) |
on 23/07/1962 |
- Fiscal Code : FRRGCM62L23D969M |
|
|
|
Residence: |
RUE DE LA REINE 2 |
- LU - |
|
Ex-Postions |
|
Director |
|
|
CUCCHIARO |
NERINA |
|
|
|
Born in GEMONA DEL FRIULI |
(UD) |
on 04/10/1964 |
- Fiscal Code : CCCNRN64R44D962R |
|
|
|
Residence: |
RUE DE LA REINE 2 |
- LU - |
|
Ex-Postions |
|
Director |
|
|
Iacopini |
Mario |
|
|
|
Born in Roma |
(RM) |
on 02/06/1947 |
- Fiscal Code : CPNMRA47H02H501O |
|
|
|
Residence: |
Rue De La Reine |
, 2 |
Lussemburgo |
- LU - |
|
Ex-Postions |
|
Director |
Protests checking on the subject firm has given a negative result.
Search performed on a National Scale
|
|
|
Prejudicial Events Search Result: NEGATIVE |
Search performed on a specialized data base.
None reported, standing to the latest received edition of the Official
Publications.
Company's starting of activities dates back to 2005.
The analysis is based on the latest 3 balance sheets.
Under an economic point of view, profits were registered during the last
years with a r.o.e. of 10,51% in 2012 thanks to a progressive increase in
turnover (+7,69% in 2012 compared to 2011 and +27,08% in 2011 compared to
2010).
The operating result is negative.
The operating loss amounts to Eur. -897.171 .
The gross operating margin for the fiscal year 2012 is negative, for an
amount of Eur. -847.942.
From a financial aspect the company's status covers total short-term
debts; the indebtedness volume in 2012 is in fact 0,14 lower than in 2011.
Subject can manage an equity capital funds for an amount of Eur.
25.455.931 , unchanged as opposed to the preceding year.
Total debts recorded amounted to Eur. 19.575.299 (Eur. 9.427.430 of which
were m/l term debts) increasing if compared to the previous year, during which
they were equal to Eur. 12.122.794 (61,47%).
Current liquid assets is positive.
Eur. 2.724.580 is the value of cash flow during the year 2012
In the last financial year labour cost was of Eur. 3.440.292, with a
64,07% incidence on total costs of production. , whereas the incidence of such
costs on sales revenues is equal to 80,09%.
The financial management is positive as incomes are higher than the
charges.
|
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
4.295.393 |
|
Profit (Loss) for the period |
2.675.351 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
3.988.594 |
|
Profit (Loss) for the period |
756.602 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
3.138.541 |
|
Profit (Loss) for the period |
269.545 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
2.669.779 |
|
Profit (Loss) for the period |
7.602 |
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 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
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 |
0,74 |
0,87 |
0,93 |
0,81 |
|
Elasticity Ratio |
Units |
0,26 |
0,13 |
0,07 |
0,20 |
|
Availability of stock |
Units |
n.c. |
n.c. |
n.c. |
0,04 |
|
Total Liquidity Ratio |
Units |
0,26 |
0,13 |
0,07 |
0,19 |
|
Quick Ratio |
Units |
0,14 |
0,01 |
0,00 |
0,00 |
|
COMPOSITION ON
SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
0,14 |
0,21 |
0,10 |
0,52 |
|
Self Financing Ratio |
Units |
0,55 |
0,62 |
0,66 |
0,57 |
|
Capital protection Ratio |
Units |
0,63 |
0,67 |
0,69 |
0,61 |
|
Liabilities consolidation quotient |
Units |
1,00 |
1,57 |
3,78 |
0,58 |
|
Financing |
Units |
0,77 |
0,53 |
0,49 |
0,80 |
|
Permanent Indebtedness Ratio |
Units |
0,77 |
0,83 |
0,93 |
0,77 |
|
M/L term Debts Ratio |
Units |
0,22 |
0,21 |
0,27 |
0,10 |
|
Net Financial Indebtedness Ratio |
Units |
n.c. |
n.c. |
0,41 |
0,20 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
1,04 |
0,95 |
1,00 |
0,99 |
|
Current ratio |
Units |
1,16 |
0,94 |
0,99 |
0,94 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,16 |
0,94 |
0,99 |
0,89 |
|
Structure's primary quotient |
Units |
0,75 |
0,71 |
0,71 |
0,73 |
|
Treasury's primary quotient |
Units |
0,64 |
0,05 |
0,06 |
0,02 |
|
Rate of indebtedness ( Leverage ) |
% |
180,41 |
162,26 |
152,40 |
174,62 |
|
Current Capital ( net ) |
Value |
1.660.141 |
-303.854 |
-24.182 |
-22.843 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
63,43 |
19,98 |
14,57 |
9,67 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
10,51 |
3,32 |
1,22 |
0,05 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
9,80 |
1,15 |
0,88 |
0,30 |
|
Return on Investment ( R.O.I. ) |
% |
-1,95 |
-1,88 |
-0,87 |
-0,11 |
|
Return/ Sales |
% |
-20,89 |
-17,41 |
-9,29 |
1,19 |
|
Extra Management revenues/charges incid. |
% |
n.c. |
n.c. |
n.c. |
61,44 |
|
Cash Flow |
Value |
2.724.580 |
796.963 |
457.324 |
21.248 |
|
Operating Profit |
Value |
-897.171 |
-694.327 |
-291.451 |
-29.284 |
|
Gross Operating Margin |
Value |
-847.942 |
-653.966 |
-103.672 |
-751 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
n.c. |
n.c. |
29,49 |
26,32 |
|
Debts to suppliers average term |
Days |
n.c. |
n.c. |
157,04 |
119,44 |
|
Average stock waiting period |
Days |
n.c. |
n.c. |
n.c. |
52,98 |
|
Rate of capital employed return ( Turnover ) |
Units |
0,09 |
0,11 |
0,09 |
0,05 |
|
Rate of stock return |
Units |
n.c. |
n.c. |
n.c. |
4,45 |
|
Labour cost incidence |
% |
80,09 |
80,67 |
85,07 |
29,73 |
|
Net financial revenues/ charges incidence |
% |
79,71 |
55,37 |
15,83 |
-1,20 |
|
Labour cost on purchasing expenses |
% |
64,07 |
67,61 |
67,73 |
20,95 |
|
Short-term financing charges |
% |
2,23 |
2,02 |
1,88 |
3,44 |
|
Capital on hand |
% |
1069,16 |
927,32 |
1070,36 |
1641,34 |
|
Sales pro employee |
Value |
40.143 |
39.885 |
78.463 |
147.827 |
|
Labour cost pro employee |
Value |
32.152 |
32.177 |
66.749 |
34.326 |
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.
|
Population living in the province |
: |
297.699 |
|
Population living in the region |
: |
1.204.718 |
|
Number of families in the region |
: |
516.349 |
Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
377 |
|
- per non food products |
: |
1.727 |
|
- per energy consume |
: |
114 |
The values are calculated on a base of 264 significant companies.
The companies cash their credits on an average of 26 dd.
The average duration of suppliers debts is about 119 dd.
The sector's profitability is on an average of 9,67%.
The labour cost affects the turnover in the measure of 29,73%.
Goods are held in stock in a range of 53 dd.
The difference between the sales volume and the resources used to
realize it is about 0,05.
The employees costs represent the 20,95% of the production costs.
Statistcally the trade activity shows periods of crisis.
The area is statistically considered lowly risky.
In the region 3.901 protested subjects are found; in the province they
count to 695.
The insolvency index for the region is 0,33, , while for the province it
is 0,24.
Total Bankrupt companies in the province : 1.260.
Total Bankrupt companies in the region : 5.085.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.07 |
|
|
1 |
Rs.99.20 |
|
Euro |
1 |
Rs.80.53 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUM |
|
|
|
|
Report Prepared
by : |
PDT |
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.