|
Report Date : |
11.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
LAKUM - AP, A.S. |
|
|
|
|
Registered Office : |
Ostravská 384, 739 11 Frýdlant Nad Ostravicí
|
|
|
|
|
Country : |
Czech Republic |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
02.06.2004 |
|
|
|
|
Com. Reg. No.: |
Reg. Nr.: B 2785 |
|
|
|
|
Legal Form : |
Public Limited Company |
|
|
|
|
Line of Business : |
Treatment and Coating of Metals. |
|
|
|
|
No of Employees : |
60 [2014] |
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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Czech Republic |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
CZECH REPUBLIC - ECONOMIC OVERVIEW
The Czech Republic is a stable
and prosperous market economy closely integrated with the EU, especially since
the country's EU accession in 2004. The auto industry is the largest single
industry, and, together with its upstream suppliers, accounts for nearly 24% of
Czech manufacturing. The Czech Republic produced more than a million cars for
the first time in 2010, over 80% of which were exported. While the
conservative, inward-looking Czech financial system has remained relatively
healthy, the small, open, export-driven Czech economy remains sensitive to
changes in the economic performance of its main export markets, especially
Germany. When Western Europe and Germany fell into recession in late 2008,
demand for Czech goods plunged, leading to double digit drops in industrial production
and exports. As a result, real GDP fell sharply in 2009. The economy slowly
recovered in the second half of 2009 and registered weak growth in the next two
years. In 2012, however, the economy fell into a recession again, due both to a
slump in external demand and to the government’s austerity measures. The
country pulled out of recession in the second half of 2013, and most analysts
expect modest, but steady, growth through 2014. Foreign and domestic businesses
alike voice concerns about corruption, especially in public procurement. Other
long term challenges include dealing with a rapidly aging population, funding
an unsustainable pension and health care system, and diversifying away from
manufacturing and toward a more high-tech, services-based, knowledge economy.
|
Source
: CIA |
LAKUM - AP, A.S.
Ostravská 384, 739 11 Frýdlant Nad
Ostravicí
Telephone: 00420/ 558 442 201
Telefax: 00420/ 558 677 206
E-mail: lakum@lakum.cz
Web: www.lakum.cz
|
|
||
Company
summary
|
||
|
Legal form |
Public limited company |
|
|
Foundation |
02/06/2004 - Public limited company |
|
Comp. Register |
02/06/2004, Krajský soud v Ostravě, RegNr.:
B 2785 |
|
Share Capital |
02/06/2004 |
CZK |
21 000 000,-
|
|
|
|
12/02/2010 |
CZK |
21 000 000,- |
|
|
|
210 pc of common registered shares in documentary form at nominal
value of CZK100000,00 |
|||
|
Main Shareholder |
Dalibor Šplíchal (Statistical number: 41078942) |
|
||
|
|
Ing. Pavel
Kuchta (10.09.1989) |
|
||
|
Board of Directors |
Ing. Jiří
Smetana (30.03.1969) |
|||
|
|
Ing. Dalibor
Šplíchal (28.09.1962) |
|
|
Roman Šplíchal (19.10.1961) |
|
Supervisory
Board |
Ing. Věra
Farná (05.11.1957) |
|
|
Pavel Maršálek (20.11.1964) |
|
|
Zdeněk
Pavlík (21.04.1954) |
|
General Data |
pressing of parts for car industry and
electro technical industry, pressing and forming of |
|
|
Main activity: |
|
|
|
Trade name(s) |
|
|
|
Export: |
2% |
|
|
Import: |
|
|
General
contacts: |
|
|
Address: |
|
|
Ostravská 384, 739 11 Frýdlant nad
Ostravicí |
|
|
Ostravská 384, 739 11 Frýdlant nad
Ostravicí |
|
Staff |
2007 |
27 employees |
|
|
2008 |
30 employees |
|
|
2009 |
19 employees |
|
|
2010 |
23 employees |
|
|
2011 |
49 employees |
|
|
2012 |
48 employees |
|
|
2013 |
56 employees |
|
|
2014 |
60 employees |
|
Annual Sales |
2005 |
actual sales |
CZK |
27 157 000,-
|
|
|
|
2006 |
actual sales |
CZK |
24 673 000,-
|
|
|
|
2007 |
actual sales |
CZK |
48 191 000,-
|
|
|
|
2008 |
actual sales |
CZK |
45 895 000,-
|
|
|
|
2009 |
actual sales |
CZK |
30 841 000,-
|
|
|
|
2010 |
actual sales |
CZK |
38 091 000,-
|
|
|
|
2011 |
actual sales |
CZK |
305 066 000,-
|
|
|
|
2012 |
actual sales |
CZK |
629 273 000,-
|
|
|
|
2013 |
actual sales |
CZK |
1 044 343 000,-
|
|
|
|
The company is not registered in the
Central register of executions. |
||||
|
Property |
Property of the company: Business premises
|
|
|
There exists contractual right of lien. |
|
Balance sheets |
The enclosed balance of 2013 from business
register, it is authenticated by the auditor. (31.12.2013 - 1 CZK) |
|
|
The enclosed profit/loss account of 2013
company's own data, it is authenticated by the auditor. (31.12.2013 - 1 CZK) |
|
Remarks |
All the sources
of negative data accessible to public (insolvency registers, databases of
debtors of health insurance institutions, commercial bulletin, collection
database of Creditreform and others) are currently monitored. |
|
|
In 2011, new division has been established
in the company, which delivers mounting complexes directly to the group
Hyundai. |
|
Bankers |
Česká spořitelna, a. s. |
(0800) |
|
Copyright: s.r.o. Praha |
This information is addressed exclusively to the addressee. Contractor
obligates to provide updated information. Although it is always put maximum effort
to collect actual and exact information, it is not confirmed as delinquency
if there are particular inaccurateness contained within the information,
which are not considered as essential in terms of the objective for which the
information is provided to the addressee. Contractor and recipient conform to
the rules of the Name and Description Security Act, Nub.101/2000. According
to the Name and Description Security Act, recipient has the right to process
or to use forwarding data only for the purpose for which information has been
sent to the recipient. Usage for other purpose is acceptable only in case
referring to valid regulations of the above mentioned act. |
|
|
|
|
|
|
Balance |
31.12.2010 (CZK)
|
31.12.2011 (CZK)
|
31.12.2012 (CZK)
|
31.12.2013 (CZK)
|
|
TOTAL ASSETS |
45 985 000 |
176 041 000 |
205 570 000 |
238 544 000 |
|
Receivables for subscriptions |
|
0 |
0 |
0 |
|
Fixed assets |
23 301 000 |
23 230 000 |
19 788 000 |
41 705 000 |
|
Intangible fixed assets |
0 |
0 |
0 |
0 |
|
Incorporation expenses |
|
0 |
0 |
|
|
Research and development |
|
0 |
0 |
|
|
Software |
|
0 |
0 |
|
|
Valuable rights |
|
0 |
0 |
|
|
Goodwill |
|
0 |
0 |
|
|
Other intangible fixed assets |
|
0 |
0 |
|
|
Intangible fixed assets under construction |
|
0 |
0 |
|
|
Advance payments for intangible fixed assets |
|
0 |
0 |
|
|
Tangible fixed assets |
19 058 000 |
18 987 000 |
19 788 000 |
41 705 000 |
|
Lands |
733 000 |
733 000 |
733 000 |
733 000 |
|
Constructions |
15 650 000
|
15 125 000
|
15 222 000
|
13 284 000
|
|
Equipment |
2 675 000
|
3 129 000
|
2 585 000
|
7 830 000
|
|
Perennial corps |
|
0 |
0 |
|
|
Breeding and draught animals |
|
0 |
0 |
|
|
Other tangible fixed assets |
|
0 |
0 |
|
|
Tangible fixed assets under construction |
|
0 |
284 000 |
19 858 000
|
|
Advance payments for tangible fixed assets |
|
0 |
964 000 |
|
|
Adjustment to acquired assets |
|
0 |
0 |
|
|
Long-term financial assets |
4 243 000 |
4 243 000 |
0 |
0 |
|
Shares in controlled and managed organizations |
|
0 |
0 |
|
|
Shares in accounting units with substantial influence |
4 243 000
|
4 243 000
|
0 |
|
|
Other securities and shares |
|
0 |
0 |
|
|
Loans to controlled and managed organizations and to accounting unit
with substantial influence |
|
0 |
0 |
|
|
Other financial investments |
|
0 |
0 |
|
|
Financial investments acquired |
|
0 |
0 |
|
|
Advance payments for long-term financial assets |
|
0 |
0 |
|
|
Current assets |
22 210 000 |
152 691 000 |
185 997 000 |
197 252 000 |
|
Inventory |
5 658 000 |
12 253 000 |
17 747 000 |
34 807 000 |
|
Materials |
3 661 000
|
9 655 000
|
11 427 000
|
23 482 000
|
|
Work in progress and semi-products |
297 000 |
297 000 |
289 000 |
285 000 |
|
Finished products |
1 090 000
|
1 361 000
|
5 743 000
|
7 112 000
|
|
Animals |
|
0 |
0 |
|
|
Merchandise |
610 000 |
940 000 |
288 000 |
3 928 000
|
|
Advance payments for inventory |
|
0 |
0 |
|
|
Long-term receivables |
0 |
0 |
0 |
0 |
|
Trade receivables |
|
0 |
0 |
|
|
Receivables from controlled and managed organizations |
|
0 |
0 |
|
|
Receivables from accounting units with substantial influence |
|
0 |
0 |
|
|
Receivables from partners, cooperative members and association members
|
|
0 |
0 |
|
|
Long-term deposits given |
|
0 |
0 |
|
|
Estimated receivable |
|
0 |
0 |
|
|
Other receivables |
|
0 |
0 |
|
|
Deferred tax receivable |
|
0 |
0 |
|
|
Short-term receivables |
14 877 000 |
138 961 000 |
162 880 000 |
156 994 000 |
|
Trade receivables |
13 261 000
|
135 194 000
|
159 749 000
|
131 621 000
|
|
Receivables from controlled and managed organizations |
|
820 000 |
0 |
5 954 000
|
|
Receivables from accounting units with substantial influence |
|
0 |
0 |
|
|
Receivables from partners, cooperative members and association members
|
|
0 |
0 |
|
|
Receivables from social security and health insurance |
|
0 |
0 |
|
|
Due from state - tax receivable |
885 000 |
1 409 000
|
1 581 000
|
1 161 000
|
|
Short-term deposits given |
566 000 |
197 000 |
1 253 000
|
2 210 000
|
|
Estimated receivable |
|
0 |
0 |
16 000 000
|
|
Other receivables |
165 000 |
1 341 000
|
297 000 |
48 000 |
|
Short-term financial assets |
1 675 000 |
1 477 000 |
5 370 000 |
5 451 000 |
|
Cash |
13 000 |
14 000 |
13 000 |
73 000 |
|
Bank accounts |
1 662 000
|
1 463 000
|
5 357 000
|
5 378 000
|
|
Short-term securities and ownership interests |
|
0 |
0 |
|
|
Short-term financial assets acquired |
|
0 |
0 |
|
|
Accruals |
474 000 |
120 000 |
-215 000 |
-413 000 |
|
Deferred expenses |
474 000 |
317 000 |
249 000 |
132 000 |
|
Complex deferred costs |
|
0 |
0 |
|
|
Deferred income |
|
-197 000 |
-464 000 |
-545 000 |
|
TOTAL LIABILITIES |
45 985 000 |
176 041 000 |
205 570 000 |
238 544 000 |
|
Equity |
28 622 000 |
30 924 000 |
30 231 000 |
41 768 000 |
|
Registered capital |
21 000 000 |
21 000 000 |
21 000 000 |
21 000 000 |
|
Registered capital |
21 000 000
|
21 000 000
|
21 000 000
|
21 000 000
|
|
Company’s own shares and ownership interests (-) |
|
0 |
0 |
|
|
Changes of registered capital ( +/- ) |
|
0 |
0 |
|
|
Capital funds |
0 |
0 |
0 |
0 |
|
Share premium |
|
0 |
0 |
|
|
Other capital funds |
|
0 |
0 |
|
|
Differences from revaluation of assets and liabilities ( +/- ) |
|
0 |
0 |
|
|
Differences from revaluation in transformation ( +/- ) |
|
0 |
0 |
|
|
Reserve funds, statutory reserve account for cooperatives, and other
retained earnings |
413 000 |
500 000 |
615 000 |
615 000 |
|
Legal reserve fund / indivisible fund |
413 000 |
500 000 |
615 000 |
615 000 |
|
Statutory and other funds |
|
0 |
0 |
|
|
Profit / loss - previous years |
5 472 000 |
7 122 000 |
9 309 000 |
8 616 000 |
|
Retained earnings from previous years |
5 815 000
|
7 465 000
|
9 652 000
|
9 652 000
|
|
Accumulated losses from previous years |
-343 000 |
-343 000 |
-343 000 |
-1 036 000
|
|
Profit / loss - current year (+/-) |
1 737 000 |
2 302 000 |
-693 000 |
11 537 000 |
|
Liabilities |
17 137 000 |
144 312 000 |
174 824 000 |
195 267 000 |
|
Reserves |
6 297 000 |
0 |
0 |
0 |
|
Reserves under special statutory regulations |
6 297 000
|
0 |
0 |
|
|
Reserves for pension and similar payables |
|
0 |
0 |
|
|
Income tax reserves |
|
0 |
0 |
|
|
Other reserves |
|
0 |
0 |
|
|
Long-term payables |
300 000 |
361 000 |
368 000 |
416 000 |
|
Trade payables |
|
0 |
0 |
|
|
Payables to controlled and managed organizations |
|
0 |
0 |
|
|
Payables to accounting units with substantial influence |
|
0 |
0 |
|
|
Payables from partners, cooperative members and association members |
|
0 |
0 |
|
|
Long-term advances received |
|
0 |
0 |
|
|
Issues bonds |
|
0 |
0 |
|
|
Long-term notes payables |
|
0 |
0 |
|
|
Estimated payables |
|
0 |
0 |
|
|
Other payables |
|
0 |
0 |
|
|
Deferred tax liability |
300 000 |
361 000 |
368 000 |
416 000 |
|
Short-term payables |
9 640 000 |
142 177 000 |
174 091 000 |
165 258 000 |
|
Trade payables |
9 159 000
|
135 245 000
|
166 591 000
|
155 637 000
|
|
Payables to controlled and managed organizations |
|
4 845 000
|
4 314 000
|
4 614 000
|
|
Payables to accounting units with substantial influence |
|
0 |
0 |
|
|
Payables from partners, cooperative members and association members |
|
0 |
0 |
|
|
Payroll |
294 000 |
563 000 |
619 000 |
758 000 |
|
Payables to social securities and health insurance |
165 000 |
298 000 |
338 000 |
404 000 |
|
Due from state - tax liabilities and subsidies |
22 000 |
281 000 |
251 000 |
2 124 000
|
|
Short-term deposits received |
|
76 000 |
0 |
1 695 000
|
|
Issues bonds |
|
0 |
0 |
|
|
Estimated payables |
|
866 000 |
1 970 000
|
|
|
Other payables |
|
3 000 |
8 000 |
26 000 |
|
Bank loans and financial accommodations |
900 000 |
1 774 000 |
365 000 |
29 593 000 |
|
Long-term bank loans |
|
404 000 |
208 000 |
11 600 000
|
|
Short-term bank loans |
|
470 000 |
157 000 |
17 993 000
|
|
Short-term accommodations |
900 000 |
900 000 |
0 |
0 |
|
Accruals |
226 000 |
805 000 |
515 000 |
1 509 000 |
|
Accrued expenses |
226 000 |
805 000 |
515 000 |
1 509 000
|
|
Deferred revenues |
|
0 |
0 |
|
|
profit/loss account |
31.12.2010 (CZK)
|
31.12.2011 (CZK)
|
31.12.2012 (CZK)
|
31.12.2013 (CZK)
|
|
Turnover |
38 091 000 |
305 066 000 |
629 273 000 |
1 044 343 000 |
|
Revenues from sold goods |
4 532 000
|
3 899 000
|
5 307 000
|
4 596 000
|
|
Expenses on sold goods |
3 714 000
|
3 418 000
|
4 447 000
|
3 727 000
|
|
Sale margin |
818 000 |
481 000 |
860 000 |
869 000 |
|
Production |
34 400 000 |
301 457 000 |
628 432 000 |
1 041 271 000 |
|
Revenues from own products and services |
33 559 000
|
301 167 000
|
623 966 000
|
1 039 747 000
|
|
Change in inventory of own products |
767 000 |
290 000 |
4 466 000
|
1 524 000
|
|
Capitalization |
74 000 |
0 |
0 |
|
|
Production consumption |
32 767 000 |
295 037 000 |
612 358 000 |
1 010 324 000 |
|
Consumption of material and energy |
16 220 000
|
279 409 000
|
598 294 000
|
992 432 000
|
|
Services |
16 547 000
|
15 628 000
|
14 064 000
|
17 892 000
|
|
Added value |
2 451 000 |
6 901 000 |
16 934 000 |
31 816 000 |
|
Personnel expenses |
5 143 000 |
9 091 000 |
11 867 000 |
14 281 000 |
|
Wages and salaries |
3 660 000
|
6 522 000
|
8 546 000
|
10 242 000
|
|
Renumeration of board members |
|
0 |
0 |
|
|
Social security expenses and health insurance |
1 227 000
|
2 247 000
|
2 929 000
|
3 443 000
|
|
Other social expenses |
256 000 |
322 000 |
392 000 |
596 000 |
|
Taxes and fees |
448 000 |
438 000 |
470 000 |
484 000 |
|
Depreciations of intangible and tangible assets |
1 476 000
|
1 665 000
|
1 973 000
|
2 660 000
|
|
Revenues from disposals of fixed assets and materials |
1 384 000 |
3 015 000 |
3 082 000 |
3 520 000 |
|
Revenues from disposals of fixed assets |
55 000 |
8 000 |
42 000 |
150 000 |
|
Revenues from disposals of materials |
1 329 000
|
3 007 000
|
3 040 000
|
3 370 000
|
|
Net book value of disposed fixed assets and materials |
898 000 |
1 677 000 |
1 476 000 |
1 874 000 |
|
Net book value of sold fixed assets |
|
0 |
64 000 |
|
|
Net book value of sold material |
898 000 |
1 677 000
|
1 412 000
|
1 874 000
|
|
Change in operating reserves and adjustments and complex deferred
costs ( + / - ) |
-6 889 000
|
-6 263 000
|
63 000 |
150 000 |
|
Other operating revenues |
380 000 |
250 000 |
153 000 |
1 423 000
|
|
Other operating expenses |
938 000 |
487 000 |
1 247 000
|
577 000 |
|
Transfer of operating revenues |
|
0 |
0 |
|
|
Transfer of operating expenses |
|
0 |
0 |
|
|
Operating profit / loss |
2 201 000 |
3 071 000 |
3 073 000 |
16 733 000 |
|
Revenues from sales of securities and ownership interests |
|
0 |
900 000 |
|
|
Sold securities and ownership interests |
|
0 |
4 243 000
|
|
|
Revenues from long-term financial assets |
0 |
0 |
0 |
|
|
Revenues from shares in controlled and managed organizations and in
accounting units with substantial influence |
|
0 |
0 |
|
|
Revenues from others securities and ownership interests |
|
0 |
0 |
|
|
Revenues from other long-term financial assets |
|
0 |
0 |
|
|
Revenues from short-term financial assets |
|
0 |
0 |
|
|
Expenses associated with financial assets |
|
0 |
0 |
|
|
Revenues from revaluation of securities and derivatives |
|
0 |
0 |
|
|
Cost of revaluation of securities and derivatives |
|
0 |
0 |
|
|
Change in financial reserves and adjustments ( + / - ) |
|
0 |
0 |
|
|
Interest revenues |
|
20 000 |
1 000 |
74 000 |
|
Interest expenses |
|
12 000 |
16 000 |
114 000 |
|
Other financial revenues |
153 000 |
7 228 000
|
13 084 000
|
20 839 000
|
|
Other financial expenses |
205 000 |
7 286 000
|
12 770 000
|
23 188 000
|
|
Transfer of financial revenues |
|
0 |
0 |
|
|
Transfer of financial expenses |
|
0 |
0 |
|
|
Profit / loss from financial operations ( transactions ) |
-52 000 |
-50 000 |
-3 044 000 |
-2 389 000 |
|
Income tax on ordinary income |
412 000 |
719 000 |
722 000 |
2 807 000 |
|
Due tax |
342 000 |
658 000 |
715 000 |
2 759 000
|
|
Tax deferred |
70 000 |
61 000 |
7 000 |
48 000 |
|
Operating profit / loss ordinary activity |
1 737 000 |
2 302 000 |
-693 000 |
11 537 000 |
|
Extraordinary revenues |
|
0 |
0 |
|
|
Extraordinary expenses |
|
0 |
0 |
|
|
Income tax on extraordinary income |
0 |
0 |
0 |
|
|
Due tax |
|
0 |
0 |
|
|
Tax deferred |
|
0 |
0 |
|
|
Operating profit / loss extraordinary activity |
0 |
0 |
0 |
0 |
|
Transfer profit ( loss ) to partners (+/-) |
|
0 |
0 |
|
|
Profit / loss of current accounting period (+/-) |
1 737 000 |
2 302 000 |
-693 000 |
11 537 000 |
|
Profit / loss before tax (+/-) |
2 149 000 |
3 021 000 |
29 000 |
14 344 000 |
|
Receivables after due date total |
7 937 000 |
74 582 000 |
100 599 000 |
33 499 000 |
|
Receivables more than 360 days after due date |
2 662 000
|
74 000 |
49 000 |
1 000 |
|
Liabilities after due date total |
5 768 000 |
38 139 000 |
103 606 000 |
97 513 000 |
|
Liabilities more than 360 days after due date |
9 000 |
605 000 |
45 000 |
44 000 |
|
|
|
|
|
|
|
Balance indices |
|
31.12.2010 |
31.12.2011 |
31.12.2012 |
31.12.2013 |
|
Return on total assets ROA (in %) |
a62/r1 * 100 |
4,67 |
1,72 |
0,01 |
6,01 |
|
Return on equity ROE (in %) |
a62/r68 * 100 |
7,51 |
9,77 |
0,10 |
34,34 |
|
Return on sales ROS (in %) |
a62/a1 * 100 |
5,64 |
0,99 |
0,00 |
1,37 |
|
Turnover of receivables (in days) |
r49/a1 * 365 |
127,07 |
161,75 |
92,66 |
46,00 |
|
Turnover of liabilities (in days) |
r103/a1 * 365 |
87,76 |
161,82 |
96,63 |
54,40 |
|
Turnover of inventories (days) |
r32/a1 * 365 |
54,22 |
14,66 |
10,29 |
12,17 |
|
Net working capital (in ths. CZK) |
r31 - r102 - r116 - r117 |
11 670,00 |
9 144,00 |
11 749,00 |
14 001,00 |
|
Ratio of accounts payable to accounts receivable (in %) |
(r39+r48) / (r91+r102) * 100 |
149,67 |
97,49 |
93,36 |
94,76 |
|
Ratio of profit/loss to tangible assets (in%) |
r3 / a1 * 100 |
61,17 |
7,61 |
3,14 |
3,99 |
|
Current ratio |
r31 / (r102+r116+r117) |
n/a |
1,06 |
1,07 |
1,08 |
|
Quick ratio |
(r58+r48) / (r102+r116+r117) |
1,57 |
0,98 |
0,97 |
0,89 |
|
Cash ratio |
r58 / (r102+r116+r117) |
n/a |
0,01 |
0,03 |
0,03 |
|
Debt ratio I (in %) |
(1-r68/r67) * 100 |
37,76 |
82,43 |
85,29 |
82,49 |
|
Debt ratio II (in %) |
r85/r67 * 100 |
37,27 |
81,98 |
85,04 |
81,86 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.16 |
|
|
1 |
Rs.98.62 |
|
Euro |
1 |
Rs.77.67 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
TPT |
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.