|
Report Date : |
06.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
SQM |
|
|
|
|
Registered Office : |
Houtdok-Noordkaai 25-A 2030 Antwerpen |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
23.05.1933 |
|
|
|
|
Com. Reg. No.: |
404760808 |
|
|
|
|
Legal Form : |
Public
Limited Liability Company (BE) |
|
|
|
|
Line of Business : |
Manufacture
of pesticides and other
agrochemical products |
|
|
|
|
No. of Employees : |
40 |
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 : |
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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Belgium |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
BELGIUM - ECONOMIC OVERVIEW
This modern, open, and private-enterprise-based economy has
capitalized on its central geographic location, highly developed transport
network, and diversified industrial and commercial base. Industry is
concentrated mainly in the more heavily-populated region of Flanders in the
north. With few natural resources, Belgium imports substantial quantities of
raw materials and exports a large volume of manufactures, making its economy
vulnerable to volatility in world markets. Roughly three-quarters of Belgium's
trade is with other EU countries, and Belgium has benefited most from its
proximity to Germany. In 2013 Belgian GDP grew by 0.1%, the unemployment rate
increased to 8.8% from 7.6% the previous year, and the government reduced the
budget deficit from a peak of 6% of GDP in 2009 to 3.2%. Despite the relative
improvement in Belgium's budget deficit, public debt hovers around 100% of GDP,
a factor that has contributed to investor perceptions that the country is
increasingly vulnerable to spillover from the euro-zone crisis. Belgian banks
were severely affected by the international financial crisis in 2008 with three
major banks receiving capital injections from the government, and the
nationalization of the Belgian retail arm of a Franco-Belgian bank.
|
Source
: CIA |
|
Business number Company name
Address staff Date of establishment Telephone
number Fax number |
404760808 SQM EUROPE NV HOUTDOK-NOORDKAAI 25-a 2030 ANTWERPEN 40 23/05/1933 02039720 02039772 |
The business was established over 81 years ago.
The business has 20 employees.
The business has been at the address for over 5 months.
The business has been at the address for less than 6
months.
The business has changed address 1 times in the last
year.
The credit rating for this business has increased from
97 to 99.
The credit limit for this business has increased from
€9150000 to €9350000.
Operating Result in the latest trading period decreased
23% on the previous trading period.
Pre-tax profits decreased by 36% compared to the
previous trading period.
The business saw a decrease in their Cash Balance of
36% during the latest trading period.
Turnover in the latest trading period decreased 25% on the previous trading period.
|
DATE OF LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE TAX |
NET WORTH |
WORKING
CAPITAL |
|
31/12/2013 |
494,534,923 |
4,153,315 |
26,212,113 |
80,228,896 |
|
31/12/2012
|
660,682,665 |
6,576,157 |
24,994,357 |
77,452,648 |
|
31/12/2011 |
668,086,439 |
4,622,738 |
11,629,105 |
11,168,572 |
|
DATE OF LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2013 |
227,516,157 |
40 |
17,004,967 |
1,344,101 |
|
31/12/2012 |
284,347,811 |
37 |
17,004,967 |
4,508,873 |
|
31/12/2011 |
320,801,502 |
33 |
8,004,967 |
3,168,478 |
Past payments Payment expectation days 108.71
Industry average payment expectation days 109.64
Industry average day sales outstanding 119.09
Day sales outstanding 67.64
BANKRUPTCY DETAILS
Court action type no
PROTESTED BILLS
Bill amount –
NSSO DETAILS
Date of summons
-
|
Business
number |
404760808 |
Company
name |
SQM EUROPE NV |
|
Fax number |
02039772 |
Date
founded |
23/05/1933 |
|
Company
status |
active |
Company
type |
Public Limited Liability Company (BE) |
|
Currency |
Euro (€) |
Date of
latest accounts |
31/12/2013 |
|
Activity code |
20200 |
Liable for
VAT |
yes |
|
Activity
description |
Manufacture of pesticides and other agrochemical
products |
VAT Number |
BE.0404.760.808 Check |
|
Belgian
Bullettin of Acts Publications |
moniteur beige |
|
|
Registered contractor
moniteur belge number -
Contractor description
-
Date struck off register
|
Social
Balance Sheet |
Total |
|
|
||
|
During the
reporting year ended 31-12-2013 |
|
|
|
||
|
Full-time Employees |
38 |
|
|
||
|
Part-time
Employees |
4 |
|
|
||
|
Total Fte
Employees |
41 |
|
|
||
|
|
|||||
|
Number of
hours worked |
|
|
|
||
|
Full-time
Employees |
61,603 |
|
|
||
|
Part-time
Employees |
4,544 |
|
|
||
|
Total |
66,147 |
|
|
||
|
|
|
|
|
||
|
Personnel Charges |
|||||
|
Full-time
Employees |
4,839,591 |
|
|
||
|
Part-time
Employees |
239,612 |
|
|
||
|
Total |
5,079,203 |
|
|
||
|
Benefits
In Addition To Wages |
10,438 |
|
|
||
|
|
|||||
|
During the
previous reporting year |
|
|
|
||
|
Average
number employees in Fte |
35 |
|
|
||
|
Actual
working hours |
56,271 |
|
|
||
|
Personnel
Charges |
4,728,391 |
|
|
||
|
Benefits
In Addition To Wages |
9,046 |
|
|
||
|
|
|||||
|
Type of
Contract |
Full-Time |
Part-Time |
Total Fte |
||
|
Unlimited
Duration Contracts |
38 |
4 |
41 |
||
|
Limited
Duration Contracts |
- |
- |
- |
||
|
Contracts
For Specific Work |
-- |
-- |
|||
|
Contracts
Regarding Substitution |
-- |
-- |
|||
|
Gender and Education Level |
|||||
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary
education |
-- |
-- |
-- |
|
Secondairy
education |
2 |
1 |
3 |
|
Higher education
(non university) |
4 |
- |
4 |
|
Higher education
(university) |
19 |
- |
19 |
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary
education |
-- |
-- |
-- |
|
Secondairy
education |
2 |
1 |
3 |
|
Higher education
(non university) |
6 |
2 |
7 |
|
Working
Category Full-Time |
Full-Time |
Part-Time |
Total Fte |
||
|
Management
1 |
1 |
- |
1 |
||
|
White
collar worker 37 |
37 |
4 |
40 |
||
|
Blue
collar worker |
- |
- |
- |
||
|
Other |
- |
- |
- |
||
|
|
|
|
|
||
|
Temporary
personnel |
|
Total |
|
||
|
Average
number of temporary staff |
|
1 |
|
||
|
Actual
working hours |
|
1,342 |
|
||
|
Cost of
temporary staff |
|
52,753 |
|
||
|
|
|
|
|
||
|
|
|
|
|
||
|
New staff
and leavers Full-Time |
Full-Time |
Part-Time |
Total Fte |
||
|
New
Starters 6 |
6 |
- |
6 |
||
|
Leavers 3 |
3 |
- |
3 |
||
|
|
|
|
|
||
|
|
|||||
|
Total of formal
continuing vocational training initiatives for workers paid by the employer |
Male |
Female |
|
||
|
Number of
employees |
9 |
7 |
|
||
|
Number of
training hours |
168 |
205 |
|
||
|
Net costs
for enterprise |
8,330 |
6,996 |
|
||
|
Total of less
formal and informal continuing vocational training initiatives for workers
paid by the employer |
Male |
Female |
|
||
|
Number of
employees |
- |
- |
|
||
|
Number of
training hours |
- |
- |
|
||
|
Net costs
for enterprise |
- |
- |
|
||
|
Total of initial
training initiatives at the expense of the employer |
Male |
Female |
|
||
|
Number of
employees |
- |
- |
|
||
|
Number of
training hours |
- |
- |
|
||
|
Net costs
for enterprise |
- |
- |
|
||
Personnel (NSSO classification)
Code -
Description -
Joint Industrial Committee (JIC)
JIC Code 226
Description JC employees
international trade, transport & related activities
category
Significant Events
Event Date 30/05/2013
Event Description re-appointment of
director(s)
Event Details Commentaar
30-05-2013: Herbenoemd als bestuurders tot de sluiting van de gewone algemene
vergadering van 2019: Enrique Olivares Carlini en Ricardo Ramos Rodriguez
|
Annual accounts |
31-12-2013 |
% |
31-12-2012 |
% |
31-12-2011 |
Industry average 2013 |
% |
|
|||
|
Weeks |
52 |
|
52 |
|
52 |
|
|
|
|||
|
Currency |
EUR |
|
EUR |
|
EUR |
|
|
|
|||
|
Turnover |
494,534,923 |
-25.15 |
660,682,665 |
-1.11 |
668,086,439 |
115,092,558 |
329 |
|
|||
|
Total
operating expenses |
487,217,635 |
-25.17 |
651,086,553 |
-1.05 |
658,025,108 |
110,366,169 |
341 |
|
|||
|
Operating
result |
7,317,288 |
-23.75 |
9,596,112 |
-4.62 |
10,061,331 |
2,359,183 |
210 |
|
|||
|
Total
financial income |
8,746 |
-98.37 |
537,132 |
-98.58 |
37,693,511 |
74,106 |
-88.20 |
|
|||
|
Total
financial expenses |
3,172,719 |
-10.81 |
3,557,088 |
-91.75 |
43,132,104 |
210,653 |
1406 |
|
|||
|
Results
on ordinary operations before taxation |
4,153,315 |
-36.84 |
6,576,157 |
42.26 |
4,622,738 |
2,222,635 |
86.86 |
|
|||
|
Taxation |
2,923,963 |
29.72 |
2,254,080 |
30.84 |
1,722,745 |
659,200 |
343 |
|
|||
|
Results on
ordinary operations after taxation |
1,229,352 |
-71.56 |
4,322,077 |
49.04 |
2,899,993 |
1,629,355 |
-24.55 |
|
|||
|
Extraordinary
items |
-1,503 |
-160 |
2,500 |
-96.66 |
74,869 |
94,077 |
-101 |
|
|||
|
Other
appropriations |
0.00 |
- |
0.00 |
- |
0.00 |
- |
- |
|
|||
|
Net
result |
1,227,849 |
-71.61 |
4,324,577 |
45.37 |
2,974,862 |
1,731,680 |
-29.09 |
|
|||
|
Gross
Operating Margin |
- |
- |
- |
- |
- |
349,169 |
- |
|
|||
|
Dividends |
- |
- |
- |
- |
- |
412,874 |
- |
|
|||
|
Director
remuneration |
- |
- |
- |
- |
- |
- |
- |
|
|||
|
Employee
costs |
5,079,203 |
7.42 |
4,728,391 |
7.66 |
4,392,042 |
8,697,875 |
-41.60 |
|
|||
|
Wages and salary |
3,604,133 |
5.85 |
3,404,951 |
7.26 3,174,533 |
6,424,415 |
-43.90 |
|||||
|
Employee pension costs |
- |
- |
- |
- |
521,660 |
- |
|||||
|
Social security contributions |
959,957 |
13.30 |
847,286 |
4.28 812,514 |
1,952,618 |
-50.84 |
|||||
|
Other employee costs |
515,112 |
8.18 |
476,154 |
17.57 404,995 |
483,603 |
6.52 |
|||||
|
Amortization
and depreciation |
116,252 |
-36.92 |
184,297 |
-4.81 193,615 |
2,657,970 |
-95.63 |
|||||
balance
sheet
|
Annual
accounts |
31-12-2013 |
% |
31-12-2012 |
% |
31-12-2011 |
Industry average
2013 |
% |
|
Weeks |
52 |
|
52 |
|
52 |
|
|
|
Currency |
EUR |
|
EUR |
|
EUR |
|
|
|
Intangible
fixed assets |
26,215 |
- |
16,122 |
- |
56,798 |
133,406 |
-80.35 |
|
Tangible
fixed assets |
270,161 |
33.36 |
202,576 |
-30.84 |
292,918 |
12,073,978 |
-97.76 |
|
Land & building |
- |
- |
- |
- |
- |
6,573,922 |
- |
|
Plant & machinery |
32,175 |
-29.05 |
45,350 |
-54.46 |
99,591 |
7,754,840 |
-99 |
|
Furniture & Vehicles |
232,176 |
55.61 |
149,205 |
-21.21 |
189,368 |
120,622 16,570 |
92.48 |
|
Leasing &
Other Similar Rights |
- |
- |
- |
- |
|
392,848
47,000 |
- |
|
Other tangible assets |
5,811 |
-27.56 |
8,022 |
102 |
3,959 |
1,024,805 |
-99 |
|
Financial
fixed assets |
29,733 |
-86.35 |
217,787 |
29.93 |
167,614 |
30,575 |
-2.75 |
|
Total
fixed assets |
326,110 |
-25.29 |
436,486 |
-15.63 |
517,331 |
10,902,735 |
-97.01 |
|
Inventories |
130,840,157 |
0.92 |
129,648,481 |
-21.61 |
165,392,929 |
15,819,255 |
727 |
|
Raw materials
& consumables |
- |
- |
- |
- |
|
12,682,938 |
- |
|
Work in progress |
0 |
- |
0 |
- |
0 |
0 |
- |
|
Finished goods |
130,840,157 |
0.92 |
129,648,481 |
-21.61 |
165,392,929 |
9,118,941 |
1334 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
52,097 |
-100 |
|
Trade
debtors |
91,648,293 |
-38.68 |
149,462,829 |
0.24 |
149,110,034 |
10,033,802 |
813 |
|
Cash |
1,495,057 |
-36.77 |
2,364,288 |
-4.66 |
2,479,743 |
391,908 |
281 |
|
other
amounts receivable |
2,711,183 |
31.34 |
2,064,210 |
-30.57 |
2,973,084 |
8,909,819 |
-69.57 |
|
Miscellaneous
current assets |
495,356 |
33.33 |
371,517 |
13.14 |
328,381 |
332,090 |
49.16 |
|
Total
current assets |
227,190,047 |
-19.98 |
283,911,325 |
-11.36 |
320,284,172 |
30,721,502 |
639 |
|
Total
Assets |
227,516,157 |
-19.99 |
284,347,811 |
-11.36 |
320,801,502 |
40,533,964
1,215,866 |
461 |
|
CURRENT LIABILITIES |
||||||||
|
Trade creditors |
145,108,270 |
-28.54 |
203,072,235 |
-25.38 |
272,131,760 |
10,771,220 |
1247 |
|
|
Short term group loans |
- |
- |
- |
- |
- |
- |
- |
|
|
Financial debts |
- |
- |
- |
- |
33,070,885 |
6,492,280 515,000 |
- |
|
|
Current portion
of long term debt |
- |
- |
- |
- |
- |
236,859 53,225 |
- |
|
|
Amounts
Payable for Taxes, Remuneration & Social Security |
1,713,766 |
-36.67 |
2,706,186 |
33.67 |
2,024,523 |
70,862 - |
-13.74 |
|
|
Miscellaneous
current liabilities |
139,115 |
-79.55 |
680,256 |
-63.98 |
1,888,432 |
■95.21 |
-- |
|
|
Total current liabilities |
146,961,151 |
-28.82 |
206,458,677 |
-33.21 |
309,115,599 |
17,855,150 |
723 |
|
|
LONG TERM DEBTS AND LIABILITIES |
||||||||
|
Long term group loans |
- |
- |
- |
- |
- |
- |
-- |
|
|
Other long term loans |
54,316,677 |
2.72 |
52,878,654 |
- |
- |
945 |
-- |
|
|
Deffered taxes |
- |
- |
- |
- |
- |
199,671 62,525 |
- |
|
|
Provisions
for Liabilities & Charges |
0 |
- |
0 |
- |
0 |
1,238,281 0 |
-100 |
|
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
4,459 |
-100 |
|
|
Total long term debts |
54,316,677 |
2.72 |
52,878,654 |
- |
0 |
4,161,377 |
1205 |
|
|
SHAREHOLDERS
EQUITY |
|
|
|
|
|
|
|
|
|
Issued share capital |
17,004,967 |
0 |
17,004,967 |
112 |
8,004,967 |
2,461,226 |
590 |
|
|
Share premium account |
- |
- |
- |
- |
- |
- |
- |
|
|
Reserves |
9,233,362 |
15.34 |
8,005,513 |
117 |
3,680,936 |
16,051,899 |
-42.48 |
|
|
Revaluation reserve |
- |
- |
- |
- |
- |
43,133 |
- |
|
|
Total shareholders equity |
26,238,328 |
4.91 |
25,010,479 |
114 |
11,685,903 |
18,517,438 |
41.70 |
|
|
Working capital |
80,228,896 |
3.58 |
77,452,648 |
593 |
11,168,572 |
12,866,353 |
523 |
|
|
Cashflow |
1,344,101 |
-70.19 |
4,508,873 |
42.30 |
3,168,478 |
3,990,954 |
-66.32 |
|
|
Net worth |
26,212,113 |
4.87 |
24,994,357 |
114 |
11,629,105 |
18,384,032 |
42.58 |
|
|
ratio
analysis |
||||||||||||||
|
Annual
accounts |
31-12-2013 |
change(%) |
31-12-2012 |
change(%) |
31-12-2011 |
Industry average
2013 |
% |
|||||||
|
TRADING PERFORMANCE |
||||||||||||||
|
Profit Before Tax |
0.84 |
-16.00 |
1 |
44.93 |
0.69 |
6,00 |
-86.00 |
|||||||
|
Return on capital
employed |
5.16 |
-38.86 |
8.44 |
-78.67 |
39.56 |
6,00 |
-14.00 |
|||||||
|
Return on total
assets employed |
1.83 |
-20.78 |
2.31 |
60.42 |
1.44 |
-10,00 |
18.30 |
|||||||
|
Return on net
assets employed |
15.83 |
-39.79 |
26.29 |
-33.54 |
39.56 |
21,00 |
-24.62 |
|||||||
|
Sales / net working capital |
6.16 |
-27.78 |
8.53 |
-85.74 |
59.82 |
215,00 |
-99 |
|||||||
|
Stock turnover ratio |
26.46 |
34.86 |
19.62 |
-20.76 |
24.76 |
16,00 |
65.38 |
|||||||
|
Debtor days |
67.64 |
-18.08 |
82.57 |
1.36 |
81.46 |
119,09 |
-43.20 |
|||||||
|
Creditor days |
108.71 |
-4.51 |
113.84 |
-24.58 |
150.95 |
109,64 |
-0.85 |
|||||||
|
SHORT TERM STABILITY |
||||||||||||||
|
Current ratio |
1.55 |
12.32 |
1.38 |
32.69 |
1.04 |
65,00 |
-84.50 |
|
||||||
|
Liquidity ratio / acid ratio |
0.66 |
-12.00 |
0.75 |
50.0 |
0.50 |
63,00 |
-98.95 |
|
||||||
|
Current debt ratio |
5.60 |
-32.12 |
8.25 |
-68.81 |
26.45 |
10,00 |
-44.00 |
|
||||||
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
|
||||||
|
LONG TERM STABILITY |
||||||||||||||
|
Gearing |
207.01 |
-2.09 |
211.43 |
-25.29 |
283 |
515,00 |
-59.80 |
|
||||||
|
Equity in percentage |
11.53 |
31.02 |
8.80 |
141 |
3.64 |
-86,00 |
13.41 |
|
||||||
|
Total debt ratio |
7.67 |
-26.04 |
10.37 |
-60.79 |
26.45 |
11,00 |
-30.27 |
|
||||||
Industry comparison
Activity code 20200
Activity description Manufacture of
pesticides and other agrochemical products
industry average credit rating 73.47
Industry average credit limit 1782920
Payment Information
Summary
Total number of Invoices available 2
Total number of Invoices paid within or up to 30 days after the due date 0
Total number of Invoices paid more than 30 days after the due date 0
Total number of Invoices currently outstanding where the due date has not yet been reached 0
Total number of Invoices currently outstanding beyond the due date 2
Suspension of
payments / moratorium history
Amount -
Details -
Payment expectations
Payment expectation days 108.71
Day sales outstanding 67.64
|
Industry comparison |
|
|
Activity code |
20200 |
|
Activity description |
Manufacture of pesticides and other agrochemical products |
|
Industry average payment expectation days |
109.64 |
|
Industry average day sales outstanding |
119.09 |
|
Industry quartile analysis Payment
expectations |
|
|
Company result |
108.71 |
|
Lower |
110.48 |
|
Median |
75.26 |
|
Upper |
50.53 |
|
Day sales outstanding |
||
|
Company result |
67.64 |
|
|
Lower |
101.26 |
|
|
Median |
50.09 |
|
|
Upper |
34.89 |
|
Summary
Group - Number of Companies 0
Linkages - Number of Companies 0
Number of Countries 0
Group Structure
No group structure for this company.
Minority Shareholders
No minority shareholders found
Minority Interests
No minority interests found
Companies that match
this address
Business number Company name Date of accounts
796604085 R.K.E. NV -
Linked Companies
Summary
Group - Number of Companies 0
Linkages - Number of Companies 0
Number of Countries 0
Summons
there is no data for this company
Protested Bills
there is no data for this company
Bankruptcy and other
legal events
there is no data for this company
Current director
details
Name PATICIO DE SOLMINIHAC
|
Position |
Chairman of the Board |
|
|
||
|
Start Date |
20/09/2011 |
|
|
||
|
Country |
Chile |
|
|
||
|
|
|
||||
|
Position |
Director |
|
|
||
|
Start Date |
18/10/2002 |
|
|
||
|
Country |
Chile |
|
|
||
|
|
|
||||
|
Name |
EUGENIO PONCE |
|
|
||
|
Position |
Director |
|
|
||
|
Start Date |
10/01/2006 |
|
|
||
|
Country |
Chile |
|
|
||
|
Former
director details |
|
||||
|
Name |
ENRIQUE OLIVARES |
|
|
||
|
Position |
Director |
|
|
||
|
Start Date |
17/03/2008 |
|
|
||
|
End Date |
30/05/2013 |
|
|
||
|
Street |
710 PASAJE SANTA CLARA |
|
|
||
|
Post code |
0 |
|
|
||
|
Country |
Chile |
|
|
||
|
|
|
||||
|
Name |
ENRIQUE ANTONIO OLIVARES CARLINI |
|
|
||
|
Position |
Director |
|
|
||
|
Start Date |
17/03/2008 |
|
|
||
|
End Date |
Unknown date |
|
|
||
|
Date of
birth |
23/08/1956 |
|
|
||
|
Country |
Chile |
|
|
||
|
|
|
||||
|
Name |
RICARDO ANDRES RAMOS RODRIGUEZ |
|
|
||
|
Position |
Director |
|
|
||
|
Start Date |
17/03/2008 |
|
|
||
|
End Date |
Unknown date |
|
|
||
|
Date of
birth |
25/09/1964 |
|
|
||
|
Country |
Chile |
|
|
||
|
|
|
||||
|
Name |
RICARDO RAMOS |
|
|
||
|
Position |
Director |
|
|||
|
Start Date |
17/03/2008 |
|
|||
|
End Date |
30/05/2013 |
|
|||
|
Street |
222 MIRA FLORES |
|
|||
|
Country |
Chile |
|
|||
|
|
|||||
|
Name |
PATRICIO DE SOLMINIHAC |
|
|||
|
Position |
Director |
|
|||
|
Start Date |
26/05/2005 |
|
|||
|
End Date |
26/05/2011 |
|
|||
|
Street |
970 MONEDA |
|
|||
|
Country |
Chile |
|
|||
|
|
|||||
|
Name |
DANIEL JIMENEZ |
|
|||
|
Position |
Director |
|
|||
|
Start Date |
26/05/2005 |
|
|||
|
End Date |
26/05/2011 |
|
|||
|
Country |
Chile |
|
|||
|
|
|||||
|
Name |
CAM I LA MERINO |
|
|||
|
Position |
Director |
|
|||
|
Start Date |
27/05/1999 |
|
|||
|
End Date |
26/05/2005 |
|
|||
|
Country |
Chile |
|
|||
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.75 |
|
|
1 |
Rs.100.06 |
|
Euro |
1 |
Rs.77.95 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
SDA |
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.