|
Report Date : |
18.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
VOESTALPINE SCHIENEN GMBH |
|
|
|
|
Registered Office : |
Kerpelystraße 199, A-8700 Leoben |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.03.2013 |
|
|
|
|
Date of Incorporation : |
14.12.1995 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel |
|
|
|
|
No of Employees : |
600 |
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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Austria |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
AUSTRIA - ECONOMIC OVERVIEW
Austria, with its
well-developed market economy, skilled labor force, and high standard of
living, is closely tied to other EU economies, especially Germany's. Its economy
features a large service sector, a sound industrial sector, and a small, but
highly developed agricultural sector. Following several years of solid foreign
demand for Austrian exports and record employment growth, the international
financial crisis of 2008 and subsequent global economic downturn led to a sharp
but brief recession. Austrian GDP contracted 3.8% in 2009 but saw positive
growth of about 2% in 2010 and 2.7% in 2011. Growth fell to 0.6% in 2012.
Unemployment did not rise as steeply in Austria as elsewhere in Europe, partly
because the government subsidized reduced working hour schemes to allow
companies to retain employees. The 2012 unemployment rate of 4.3% was the
lowest within the EU. Stabilization measures, stimulus spending, and an income
tax reform pushed the budget deficit to 4.5% in 2010 and 2.6% in 2011, from
only about 0.9% in 2008. The international financial crisis of 2008 caused
difficulties for Austria's largest banks whose extensive operations in central,
eastern, and southeastern Europe faced large losses. The government provided
bank support - including in some instances, nationalization - to support
aggregate demand and stabilize the banking system. Austria's fiscal position
compares favorably with other euro-zone countries, but it faces external risks,
such as Austrian banks' continued exposure to Central and Eastern Europe as
well as political and economic uncertainties caused by the European sovereign
debt crisis. In 2011 the government attempted to pass a constitutional amendment
limiting public debt to 60% of GDP by 2020, but it was unable to obtain
sufficient support in parliament and instead passed the measure as a simple
law. In March 2012, the Austrian parliament approved an austerity package
consisting of a mix of expenditure cuts and new revenues that will bring public
finances into balance by 2016. In 2012, the budget deficit rose to 3.1% of GDP.
|
Source
: CIA |
|
Company name: |
VOESTALPINE
SCHIENEN GMBH |
|
Status: |
active company |
|
Locations: |
Kerpelystraße 199, A-8700 Leoben |
|
Phone: |
0043 (5) 030426 |
|
Fax: |
0043 (5) 030466 |
|
E-mail: |
info.schienen@voestalpine.com |
|
Internet: |
http://www.voestalpine.com/schienen |
|
Activities: |
Önace 24200 100% Manufacture of tubes, pipes, hollow profiles and
related fittings, of steel |
|
|
|
|
General Assessment: |
Model: CompanyScore |
|
Probability of Default (Basel II): |
0,04% Very low risk |
|
comparison: |
The Rating of this company is better than industry average. |
|
Recommendation: |
In respect to solvency reasons, there is nothing to say against an
establishment of a business relationship. |
|
|
|
|
Detail Assessment: |
Payments are made according to conditions within agreed terms, using
cash discounts. |
|
|
Company is part of a group and therefore cannot be evaluated
separately. Group's solvency is sound. |
|
Year of incorporation: |
1995 |
|
||||
|
Activities: |
|
|
||||
|
Type of company: |
Manufacturing |
|
||||
|
Legal form: |
limited liability company since 1995-12-05 |
|
||||
|
companies' house number: |
FN 140118 g Leoben 1995-12-14 |
|
||||
|
VAT number: |
ATU 40417900 |
|
||||
|
number - Austrian National Bank: |
2669072 |
|
||||
|
|
|
|||||
|
|
||||||
|
Export |
Country |
|
|
|
||
|
Export |
world-wide |
|
2014 |
|
||
|
total turnover (total sales) |
2013 |
EUR 550.000.000,00 |
(estimated) |
|
total turnover (total sales) |
2012 |
EUR 547.386.306,61 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR 528.160.985,00 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR 528.770.813,27 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 439.371.666,21 |
(exact) |
|
total employees |
2014 |
600 |
(approx.) |
|
total investments |
2011 |
EUR 8.374.069,41 |
(exact) |
|
firm
(style): |
|
15 voestalpine Schienen
GmbH |
|
legal
form: |
|
1 Gesellschaft mit
beschränkter Haftung |
|
registered
office: |
|
2 politischer Gemeinde
Leoben |
|
business
adress: |
|
2 Kerpelystraße 199 |
|
capital: |
|
18 EUR 9.000.000 |
|
reference
date annual accounts: |
|
4 31. März |
|
annual
accounts: |
|
58 zum 31.03.2013
eingereicht am 15.11.2013 |
|
power
of representation: |
|
1 Die Gesellschaft wird,
wenn mehrere Geschäftsführer |
|
other
provisions: |
|
1 Die Gesellschaft hat
einen, zwei, drei oder vier Geschäfts- |
|
proxy: |
|
T Dr. Ewald Maxl, geb.
12.06.1950 |
|
supervisory
board: |
|
AK DI.Dr. Franz Kainersdorfer,
geb. 02.01.1967 |
|
managing
director: |
|
I Karl Ebner, geb. 19.05.1956 |
|
shareholder: |
|
D Donauländische
Baugesellschaft m.b.H. |
|
general
table: |
|
Landesgericht Linz |
|
Real estate text: |
|
No real estate property registered |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered in the companies' house) |
|
Karl Ebner |
1956-05-19 |
8700 Leoben Kerpelystraße 199 |
manager |
1 |
|
Mag. Stefan Glanz |
1975-10-04 |
8700 Leoben Kerpelystraße 199 |
manager |
1 |
|
Dipl-Ing. Dietmar Josef Weiss |
1970-06-01 |
8700 Leoben Kerpelystraße 199 |
manager |
0 |
|
Dipl-Ing. Roland Eder |
1967-01-13 |
8700 Leoben Bergmannstraße 3 |
joint signing clerk |
0 |
|
Dipl-Ing. Richard Mader |
1969-09-28 |
8700 Leoben Kerpelystraße 199 |
joint signing clerk |
0 |
|
Dr. Ewald Maxl |
1950-06-12 |
8700 Leoben Dirnböckweg 17 |
joint signing clerk |
0 |
|
Dipl-Ing. Wolfgang Pesec |
1967-05-03 |
8151 Attendorf Höllberg 70 |
joint signing clerk |
0 |
|
Reinfried Pichler |
1954-02-21 |
8600 Bruck Mur Utschgraben 45 |
joint signing clerk |
0 |
|
Dr. Franz Kainersdorfer |
1967-01-02 |
8700 Leoben Kerpelystraße 199 |
chairman of the supervisory board |
13 |
|
Dr. Hubert Possegger |
1958-02-12 |
4073 Wilhering Kapellenstraße 8 |
deputy chairman of the supervisory board |
9 |
|
Manfred Eberhard |
1960-05-21 |
8700 Leoben Kerpelystraße 199 |
member of the supervisory board |
0 |
|
Mag. Martin Reisetbauer |
1966-11-15 |
8700 Leoben Kerpelystraße 199 |
member of the supervisory board |
8 |
|
Helmut Turtukowskyj |
1967-12-13 |
8700 Leoben Kerpelystraße 199 |
member of the supervisory board |
0 |
|
Dipl-Ing.Dr. Peter Veit |
1959-10-01 |
8010 Graz Rechbauerstraße 12 |
member of the supervisory board |
0 |
all amounts in EUR
|
|
2013-03-31 |
|
|
|
|
|
Intangible assets |
1.368.282,01 |
|
|
|
|
|
Sum intangible assets |
1.368.282,01 |
|
|
|
|
|
|
|||||
|
Tangible assets |
87.199.618,46 |
|
|
|
|
|
Sum tangible assets |
87.199.618,46 |
|
|
|
|
|
|
|||||
|
Financial assets |
63.974,40 |
|
|
|
|
|
Sum financial assets |
63.974,40 |
|
|
|
|
|
|
|||||
|
Sum fixed assets |
88.631.874,87 |
|
|
|
|
|
|
|||||
|
Raw-, auxiliary materials and supplies |
11.005.367,24 |
|
|
|
|
|
Unfinished products |
166.309,98 |
|
|
|
|
|
Finished products |
53.563.863,56 |
|
|
|
|
|
Sum stock |
64.735.540,78 |
|
|
|
|
|
|
|||||
|
Claims from delivered goods and performed services |
29.266.014,63 |
|
|
|
|
|
Claims against related firmes Claims against companies with
shareholding relationship |
71.720.340,56 |
|
|
|
|
|
Special account claims |
2.598.685,78 |
|
|
|
|
|
Sum claims |
103.585.040,97 |
|
|
|
|
|
|
|||||
|
Cash on hand, cheques and bank deposits |
102.985,53 |
|
|
|
|
|
Sum cash and bank |
102.985,53 |
|
|
|
|
|
|
|||||
|
Sum current assets |
168.423.567,28 |
|
|
|
|
|
|
|||||
|
Deferred charges |
6.891.411,19 |
|
|
|
|
|
Sum deferred charges |
6.891.411,19 |
|
|
|
|
|
Assets |
263.946.853,34 |
|
|
|
|
|
|
|||||
|
Subscribed/declared capital |
9.000.000,00 |
|
|
|
|
|
Legal reserves |
900.000,00 |
|
|
|
|
|
Free reserves |
50.002.119,34 |
|
|
|
|
|
Balance sheet profit/balance sheet loss |
45.604.036,82 |
|
|
|
|
|
Thereof profit/loss carried forward |
-4.213.496,81 |
|
|
|
|
|
Sum equity capital |
105.506.156,16 |
|
|
|
|
|
|
|||||
|
Valuation reserves and other reserves before taxes |
1.913.918,83 |
|
|
|
|
|
Sum reserves before taxes |
1.913.918,83 |
|
|
|
|
|
|
|||||
|
Reserves for severance pays |
13.336.635,00 |
|
|
|
|
|
Reserves for pensions |
2.076.584,00 |
|
|
|
|
|
Tax reserves |
2.569,53 |
|
|
|
|
|
Other reserves |
82.664.418,35 |
|
|
|
|
|
Sum reserves |
98.080.206,88 |
|
|
|
|
|
|
|||||
|
Liabilities against credit institutes |
2.713.950,13 |
|
|
|
|
|
Received advanced payments for orders |
2.856.890,24 |
|
|
|
|
|
Liabilities from delivered goods and performed services |
10.490.070,51 |
|
|
|
|
|
Liabilities against related firms |
35.963.008,30 |
|
|
|
|
|
Other liabilities |
6.415.618,35 |
|
|
|
|
|
Sum liabilities |
58.439.537,53 |
|
|
|
|
|
|
|||||
|
Deferred income |
7.033,94 |
|
|
|
|
|
Sum deferred income |
7.033,94 |
|
|
|
|
|
Liabilities |
263.946.853,34 |
|
|
|
|
|
|
|||||
|
Balance sheet sum |
263.946.853,34 |
|
|
|
|
all amounts in EUR
|
|
2013-03-31 |
|
|
|
|
|
Gross sales |
547.386.306,61 |
|
|
|
|
|
Increase or decrease in finished and unfinished goods and in service
claims |
-218.880,71 |
|
|
|
|
|
Other manufacturing costs capitalized |
168.608,33 |
|
|
|
|
|
Total turnover or gross profit |
547.336.034,23 |
|
|
|
|
|
|
|||||
|
Profits from retirement of fixed assets, except financial assets |
92.225,40 |
|
|
|
|
|
Income from dissolution of reserves |
6.270.280,63 |
|
|
|
|
|
Other operating profits |
4.305.607,29 |
|
|
|
|
|
Other operating profits totally |
10.668.113,32 |
|
|
|
|
|
|
|||||
|
Costs for obtained services |
-21.173.385,19 |
|
|
|
|
|
Material costs |
-315.470.332,90 |
|
|
|
|
|
Costs for obtained services totally |
-336.643.718,09 |
|
|
|
|
|
|
|||||
|
Wages |
-21.432.824,41 |
|
|
|
|
|
Salaries |
-13.700.613,72 |
|
|
|
|
|
Costs for severance pays |
-2.174.815,32 |
|
|
|
|
|
Costs for old age pension |
-1.669.254,32 |
|
|
|
|
|
Legal fringe benefits and other payments depending on salaries |
-9.228.603,30 |
|
|
|
|
|
Other social fringe benefits |
-390.395,07 |
|
|
|
|
|
Personnel expenses totally |
-48.596.506,14 |
|
|
|
|
|
|
|||||
|
Depreciation of intangible assets, tangible assets,activated expenses
for the set up and expansion of business operation |
-12.329.295,67 |
|
|
|
|
|
Depreciation tangible assets / intangible assets totally |
-12.329.295,67 |
|
|
|
|
|
|
|||||
|
Other operating costs |
-93.880.716,04 |
|
|
|
|
|
Other taxes |
-258.787,20 |
|
|
|
|
|
Total costs |
-94.139.503,24 |
|
|
|
|
|
|
|||||
|
Operating result totally |
66.295.124,41 |
|
|
|
|
|
|
|||||
|
Income from other securities and loans of financial assets |
1.094,80 |
|
|
|
|
|
Interest income, securties income and similar income |
99.845,64 |
|
|
|
|
|
Profits from the retirement of and investment in financial
assets |
1.595,70 |
|
|
|
|
|
Interest and similar disbursements |
-1.664.058,36 |
|
|
|
|
|
Financial profits totally |
-1.561.522,22 |
|
|
|
|
|
|
|||||
|
Results from usual business activity totally |
64.733.602,19 |
|
|
|
|
|
|
|||||
|
Taxes on income and profits |
-14.916.068,56 |
|
|
|
|
|
Taxes on income and profits totally |
-14.916.068,56 |
|
|
|
|
|
Annual surplus/annual deficit totally |
49.817.533,63 |
|
|
|
|
|
|
|||||
|
Annual profit/annual loss totally |
49.817.533,63 |
|
|
|
|
|
|
|||||
|
Profit and loss carried forward from previous year |
-4.213.496,81 |
|
|
|
|
|
Transfer of profits totally |
-4.213.496,81 |
|
|
|
|
|
B/S profit/ B/S loss from profit and loss account |
45.604.036,82 |
|
|
|
|
|
|
2013 |
|
|
|
|
|
|
Cash flow II |
62.146.829,30 |
|
|
|
|
|
|
Debt amortisation period |
2,47 |
|
|
|
|
|
|
Bank indebtedness |
1,02 |
|
|
|
|
|
|
Equity capital share |
41,14 |
|
|
|
|
|
|
Social capital share |
5,83 |
|
|
|
|
|
|
Fixed assets coverage |
138,58 |
|
|
|
|
|
|
Net profit ratio |
11,82 |
|
|
|
|
|
|
Capital turnover |
2,07 |
|
|
|
|
|
|
Return on investment |
25,15 |
|
|
|
|
|
|
Cash flow in % of operating performance |
11,35 |
|
|
|
|
|
|
Cash flow I |
77.062.897,86 |
|
|
|
|
|
|
Gross productivity |
11,26 |
|
|
|
|
|
|
Net productivity |
4,33 |
|
|
|
|
|
|
Operating performance |
547.336.034,23 |
|
|
|
|
|
|
Inventories in % of operating performance |
11,82 |
|
|
|
|
|
|
Gross profit |
210.692.316,14 |
|
|
|
|
|
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Kerpelystraße 199, A-8700 Leoben |
registered office |
|
|
|
|
|
operational |
Kerpelystraße 199, A-8700 Leoben |
registered headquarters, rented premises |
|
|
|
info.schienen@voestalpine.com |
|
former |
Voest Alpinestraße 1, A-4020 Linz |
registered headquarters |
|
|
|
|
|
Company name |
Postal code |
Stake in % |
Companies House |
|
Shares in this company are held by: |
|
|
|
|
voestalpine Metal Engineering GmbH & Co KG |
Kerpelystraße 199, A-8700 Leoben |
99 % 2006-03-07 |
FN 256317 m |
|
Donauländische Baugesellschaft m.b.H. |
Voest Alpinestraße 1, A-4020 Linz |
1 % 1995-12-14 |
FN 79733 f |
|
|
|
|
|
|
This company holds less than 50% of the shares in: |
|
|
|
|
Casedo GmbH |
Kerpelystraße 199, A-8700 Leoben |
25 % 2014-05-21 |
FN 416432 a |
|
|
|
|
|
|
Affiliated companies and further participations: |
|
|
|
|
voestalpine Stahl GmbH |
Voest Alpinestraße 3, A-4031 Linz |
|
FN 78052 h |
|
voestalpine Edelstahl GmbH |
Modecenterstraße 14/A/3, A-1030 Wien |
|
FN 78568 t |
|
voestalpine AG |
Voestalpinestraße 1, A-4020 Linz |
|
FN 66209 t |
|
voestalpine SIGNALING Zeltweg GmbH |
Alpinestraße 1, A-8740 Zeltweg |
|
FN 358787 d |
|
voestalpine VAE GmbH |
Rotenturmstraße 5-9, A-1010 Wien |
|
FN 126714 w |
|
voestalpine Stahl Donawitz GmbH |
Kerpelystraße 199, A-8700 Leoben |
|
FN 86361 b |
|
Liegenschaftsverwaltungs GmbH |
Turmstraße 45, A-4020 Linz |
|
FN 131362 f |
|
voestalpine Bahnsysteme Vermögensverwaltungs GmbH |
Kerpelystraße 199, A-8700 Leoben |
|
FN 254391 f |
|
voestalpine Schienentechnik Beteiligungs GmbH |
Kerpelystraße 199, A-8700 Leoben |
|
FN 365045 g |
|
voestalpine Wire Technology GmbH |
Bahnhofstraße 2, A-8600 Bruck Mur |
|
FN 404459 v |
|
Banker |
Bank sort code |
Type of banking connection |
|
|
UniCredit Bank Austria AG, 8700 Leoben |
12000 |
main bank connection |
|
|
|
|
||
|
Year of incorporation: |
1995 |
|
Date of registration: |
1995-12-14 |
|
Change of
company name: |
||
|
From |
To |
Company name |
|
|
2001-11-09 |
VOEST-ALPINE VERMÖGENSVERWALTUNGS- GmbH |
|
2001-11-09 |
2002-03-29 |
VOEST-ALPINE SCHIENEN GmbH |
|
2002-03-29 |
|
voestalpine Schienen GmbH |
|
Change in share
capital: |
||
|
From |
To |
Capital |
|
|
2003-02-14 |
ATS 500.000,00 |
|
2003-02-14 |
|
EUR 9.000.000,00 |
|
Former
executives: |
|||
|
From |
To |
Function |
Name |
|
2004-07-06 |
2011-08-17 |
chairman of the supervisory board |
Klaus Meusel |
|
2001-11-09 |
2004-07-06 |
deputy chairman of the supervisory board |
Willibald Mautner |
|
2011-08-17 |
2013-01-03 |
deputy chairman of the supervisory board |
Willibald Mautner |
|
2013-01-03 |
2014-10-08 |
deputy chairman of the supervisory board |
Mag. Martin Reisetbauer |
|
2004-07-06 |
2011-08-17 |
member of the supervisory board |
Willibald Mautner |
|
2011-08-17 |
2011-08-18 |
member of the supervisory board |
Klaus Meusel |
|
|
2013-01-03 |
member of the supervisory board |
Mag. Martin Reisetbauer |
|
1996-03-02 |
2001-11-09 |
manager |
Willibald Mautner |
|
2001-11-09 |
2004-04-01 |
manager |
Klaus Meusel |
|
2004-07-06 |
2011-08-17 |
deputy chairman of the supervisory board |
Dipl-Ing. Josef Mülner |
|
2003-08-27 |
2004-07-06 |
chairman of the supervisory board |
Dipl-Ing. Josef Mülner |
|
2001-11-09 |
2002-02-21 |
member of the supervisory board |
Dipl-Ing. Josef Mülner |
|
2003-05-24 |
2003-08-27 |
member of the supervisory board |
Dipl-Ing. Josef Mülner |
|
2001-11-09 |
2005-04-21 |
member of the supervisory board |
Dipl-Ing. Günter Kolb |
|
2011-05-19 |
2014-08-06 |
member of the supervisory board |
Ing. Dieter Johannes Fritz |
|
|
1996-03-02 |
manager |
Dipl-Ing. Hubert Wastl |
|
2001-11-09 |
2013-07-09 |
manager |
Ing. Hans Pfeiler |
|
2003-02-04 |
2011-04-29 |
joint signing clerk |
Dipl.-Ing.(FH) Richard Pöllmann |
|
2003-02-04 |
2014-06-27 |
joint signing clerk |
Ing. Helmut Strouhal |
|
|
2014-09-10 |
joint signing clerk |
Dipl-TA.Dr. Heinrich Scherngell |
|
2001-11-09 |
2003-05-24 |
chairman of the supervisory board |
Dkfm. Franz Struzl |
|
2001-11-09 |
2003-05-24 |
member of the supervisory board |
Reinhard Heindl |
|
2003-05-24 |
2007-08-14 |
member of the supervisory board |
Wilhelm Pemberger |
|
2002-02-21 |
2005-07-02 |
member of the supervisory board |
Dipl-Ing. Heimo Stix |
|
2001-11-09 |
2006-04-22 |
member of the supervisory board |
Reinhard Berger |
|
2007-08-14 |
2008-06-28 |
member of the supervisory board |
Josef Wabnegger |
|
2005-07-02 |
2010-01-05 |
member of the supervisory board |
Dipl-Ing. Rainer Johannes Oswald |
|
2010-01-05 |
2011-05-19 |
member of the supervisory board |
Mag.Dr. Marc Kaddoura |
|
2008-06-28 |
2011-08-17 |
member of the supervisory board |
Josef Pucher |
|
2011-08-18 |
2012-06-29 |
member of the supervisory board |
Mag. Günter Neureiter |
|
2006-04-22 |
2014-08-12 |
member of the supervisory board |
Reinhard Wiesinger |
|
|
1996-03-02 |
manager |
Eduard Obermayer |
|
2004-04-01 |
2014-06-27 |
manager |
Dipl-Ing. Frederick Kübler |
|
1996-08-01 |
2001-11-09 |
individual signing clerk |
Dr. Artur Fuchs |
|
2002-03-12 |
2005-04-21 |
joint signing clerk |
Dipl-Ing. Hakan Andersson |
|
2009-01-17 |
2013-08-21 |
joint signing clerk |
Dipl-Ing. Norbert Köck |
|
Former
shareholders: |
|||
|
From |
To |
Function |
Name |
|
|
1998-02-03 |
partner |
VOEST-ALPINE SCHIENEN GmbH |
|
1998-02-03 |
2001-12-04 |
partner |
VOEST-ALPINE SCHIENEN GmbH & CO KG |
|
2001-12-04 |
2005-01-25 |
partner |
voestalpine Bahnsysteme GmbH |
|
2005-01-25 |
2006-03-07 |
partner |
voestalpine Bahnsysteme KG |
|
Mergers: |
||
|
Date |
Function |
Name |
|
2005-11-10 |
merged with |
VOEST-ALPINE SCHIENEN GmbH & CO KG |
|
2001-11-13 |
merged with |
VOEST-ALPINE SCHIENEN GmbH & CO KG |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.62 |
|
|
1 |
Rs.99.12 |
|
Euro |
1 |
Rs.78.89 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
SMN |
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.