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Report Date : |
28.10.2014 |
IDENTIFICATION DETAILS
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Name : |
UNILEVER SUPPLY CHAIN COMPANY AG |
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Registered Office : |
Spitalstrasse 5 8200 Schaffhausen/SH |
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Country : |
Switzerland |
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Financials (as on) : |
31.12.2012 |
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Date of Incorporation : |
12.12.1995 |
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Com. Reg. No.: |
249.4.001.616-4 / 469454 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
Subject is the centre of European Supply Chain organisation in
Unilever. It is responsible for supply of raw- and packaging materials, the
whole factory network and the transport and warehousing of finished products
from the European manufacturing sites. |
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No. of Employees : |
300 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No complaints |
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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) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
SWITZERLAND - ECONOMIC OVERVIEW
Switzerland is a peaceful,
prosperous, and modern market economy with low unemployment, a highly skilled
labor force, and a per capita GDP among the highest in the world. Switzerland's
economy benefits from a highly developed service sector, led by financial
services, and a manufacturing industry that specializes in high-technology,
knowledge-based production. Its economic and political stability, transparent
legal system, exceptional infrastructure, efficient capital markets, and low
corporate tax rates also make Switzerland one of the world's most competitive
economies. The Swiss have brought their economic practices largely into
conformity with the EU's to enhance their international competitiveness, but some
trade protectionism remains, particularly for its small agricultural sector.
The fate of the Swiss economy is tightly linked to that of its neighbors in the
euro zone, which purchases half of all Swiss exports. The global financial
crisis of 2008 and resulting economic downturn in 2009 stalled export demand
and put Switzerland in a recession. The Swiss National Bank (SNB) during this
period effectively implemented a zero-interest rate policy to boost the economy
as well as prevent appreciation of the franc, and Switzerland's economy began
to recover in 2010. The sovereign debt crises currently unfolding in
neighboring euro-zone countries pose a significant risk to Switzerland's
financial stability and are driving up demand for the Swiss franc by investors
seeking a safe-haven currency. The independent SNB has upheld its zero-interest
rate policy and conducted major market interventions to prevent further
appreciation of the Swiss franc, but parliamentarians have urged it to do more
to weaken the currency. The franc's strength has made Swiss exports less
competitive and weakened the country's growth outlook; GDP growth fell below 2%
per year during 2011-13. Switzerland has also come under increasing pressure
from individual neighboring countries, the EU, the US, and international
institutions to reform its banking secrecy laws. Consequently, the government
agreed to conform to OECD regulations on administrative assistance in tax
matters, including tax evasion. The government has renegotiated its double taxation
agreements with numerous countries, including the US, to incorporate the OECD
standard, and is considering the possibility of imposing taxes on bank deposits
held by foreigners. These steps will have a lasting impact on Switzerland's
long history of bank secrecy
|
Source
: CIA |
Unilever Supply
Chain Company AG
Spitalstrasse 5
8200
Schaffhausen/SH
Switzerland/CH
Telephone: 052
6315000
Fax: 052
6315500
Web
site: http://www.unilever.ch
E-mail: uscc.reception@unilever.com
WIN
Worldbox No.: CH0003752267
VAT-No.: CHE108812120
Established: 1929
Line
of Business: Commercial services
Industry
Division: Services
Industry-code (NACE): 8299 Other business support service activities
n.e.c.
Import/Export: Import, Export
Banks: unknown
Coverage: Company
Figures: estimated
Employees: 300
USCC is the centre of European Supply Chain
organisation in Unilever. It is responsible for supply of raw- and packaging materials,
the whole factory network and the transport and warehousing of finished
products from the European manufacturing sites.
Information on property ownership was not
available.
Company
No: 249.4.001.616-4 / 469454
Legal
form: Company limited by
shares
Registration: 12.12.1995
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Schaffhausen (since 04.01.2006)
History: Date of Statutes:
12.12.1995
Date of
Statutes: 21.05.2013
Date of
Statutes: 11.09.2008
Date of
Statutes: 03.01.2006
Entry Deleted Name
04.01.2006 Unilever
Supply Chain Company AG
04.01.2006 Unilever
Supply Chain Company SA (Name translated)
04.01.2006 Unilever Raw Materials AG
04.01.2006 Unilever Raw Materials SA (Name translated)
Entry Deleted Legal domicile
29.09.2008 Schaffhausen,
Switzerland
04.01.2006 Zug, Switzerland
04.01.2006 29.09.2008 Neuhausen am Rheinfall, Switzerland
Entry Deleted Address
29.09.2008 Spitalstrasse
5, 8200 Schaffhausen/SH, Switzerland/CH
04.01.2006 Grafenau, 6301 Zug/ZG, Switzerland/CH
04.01.2006 29.09.2008 Industrieplatz 1 E, 8212 Neuhausen am
Rheinfall/SH, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 300,000, paidup CHF 300,000
Entry Deleted Capital Structure
active 300
Registered shares of CHF 1,000.--
Title Name
President Jan
Zijderveld, Origin: Netherlands, Residential address: Den Haag, Netherlands,
joint signature of two, Registered since: 28.05.2013
Vice-President Neil Humphrey,
Origin: United Kingdom, Residential address: 8200 Schaffhausen/SH, Switzerland,
joint signature of two, Registered since: 10.03.2011
Director Gijsbert
de Zoeten, Origin: Netherlands, Residential address: Den Haag, Netherlands,
joint signature of two, Registered since: 28.05.2013
Director Mark
Longmire, Origin: United Kingdom, Residential address: Schaffhausen,
Switzerland, joint signature of two, Registered since: 19.06.2012
Director Ranjay
Radhakrishnan, Origin: India, Residential address: Wassenaar/NL, Switzerland,
single signature, Registered since: 07.04.2014
Director Hugo van
Santen, Origin: Netherlands, Residential address: Erlenbach /ZH, Switzerland,
joint signature of two, Registered since: 26.09.2014
Title Name
Director David
Beauchamp, Origin: United Kingdom, Residential address: 8000 Zürich/ZH,
Switzerland, joint signature of two, Registered since: 05.12.2006
Director Rupert
Chatwin, Origin: United Kingdom, Residential address: Den Haag, Netherlands,
joint signature of two, Registered since: 01.11.2011
Director Martin
Johannes Nicolai Christophersen, Origin: Netherlands, Residential address:
Erlenbach, Switzerland, joint signature of two, Registered since: 24.09.2012
Director Dirk Jan
de With, Origin: Netherlands, Residential address: 8200 Schaffhausen/SH,
Switzerland, joint signature of two, Registered since: 06.02.2009
Director Michael
Peter Dicken, Origin: United Kingdom, Residential address: Uster, Switzerland,
joint signature of two, Registered since: 01.11.2011
Director Hans-Peter
Dieter Gai, Origin: Germany, Residential address: Schaffhausen, Switzerland,
joint signature of two, Registered since: 01.11.2011
Director Prakash
Ashok Patel, Origin: United Kingdom, Residential address: Herrliberg, Switzerland,
joint signature of two, Registered since: 01.11.2011
Director Wenerios
Tsagkalidis, Origin: Germany, Residential address: 8212 Neuhausen am
Rheinfall/SH, Switzerland, joint signature of two, Registered since: 23.03.2010
Member
with signing authority Louise
Henbest, Origin: United Kingdom, Residential address: 8000 Zürich/ZH,
Switzerland, joint signature of two, Registered since: 08.07.2011
Member
with signing authority Fabian Lang,
Origin: St. Gallen, Switzerland, Residential address: Friedrichshafen ,
Germany, joint signature of two, Registered since: 26.06.2014
Member
with signing authority Ansgar Luetke
Schelhowe, Origin: Germany, Residential address: Schaffhausen, Switzerland,
joint signature of two, Registered since: 19.06.2012
Member
with signing authority Andreas
Reschek, Origin: Rüeggisberg, Switzerland, Residential address: Kaltenbach
(Wagenhausen), Switzerland, joint signature of two, Registered since:
07.04.2014
Member
with signing authority Ernst-Rainer
Schoenert, Origin: Germany, Residential address: Murg , Germany, joint
signature of two, Registered since: 01.11.2011
Member
with signing authority Henk Sijbring,
Origin: Netherlands, Residential address: Schaffhausen, Switzerland, joint
signature of two, Registered since: 26.06.2014
Member
with signing authority Gábor
Szekendi, Origin: Canada, Hungary, Residential address: Stetten/SH,
Switzerland, joint signature of two, Registered since: 24.07.2013
Title Name
Auditor KPMG AG, Residential
address: Zürich, Switzerland, Id: CHE-106.084.881, Registered since: 26.09.2014
Unilever
Switzerland
Consolidation: consolidated (Segment)
Industry: Trade/Industry
Fiscal year end: 31.12.2012 31.12.2011 31.12.2010 31.12.2009 31.12.2008
Number of months: 12 12 12 12 12
Currency: th.
CHF th. CHF th. CHF th. CHF th.
CHF
Operating revenue 620,000.0 620,000.0 602,000.0 603,000.0 623,000.0
Sales per Employee 517.0 496.0 482.0 482.0 498.0
Employees at year end 1,200 1,250 1,250 1,250 1,250
Employees inland 1,200 1,250 1,250 1,250 1,250
Employees abroad 0 0 0 0 0
Financial Data
Unilever Group
Consolidation: consolidated
Industry: Trade/Industry
Fiscal year end: 31.12.2012 31.12.2011 31.12.2010 31.12.2009 31.12.2008
Number of months: 12 12 12 12 12
Currency: mil.
EUR mil. EUR mil. EUR mil. EUR mil.
EUR
Operating revenue 51,324.0 46,467.0 44,262.0 39,823.0 40,523.0
Operating result 6,989.0 6,433.0 6,339.0 5,020.0 7,167.0
Result before
minority interests 6,683.0 6,245.0 6,132.0 4,916.0 7,129.0
Capital 484.0 484.0 484.0 484.0 484.0
Total shareholders
equity 15,159.0 14,293.0 14,485.0 12,065.0 9,948.0
Total assets 46,166.0 47,512.0 27,561.0 25,417.0 22,342.0
Cost of employees 6,291.0 5,345.0 5,599.0 5,223.0 5,274.0
Depreciation 1,199.0 1,029.0 993.0 1,019.0 956.0
Investments in
tangible fixed assets 1,975.0 1,835.0 1,638.0 1,248.0 1,142.0
Employees average 172,000 169,000 167,000 163,000 174,000
Name: UNILEVER NV
City/Country: ROTTERDAM, Netherlands/NL
No.
of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Type: indirect, Group-Level
1
Name: UNILEVER NV
City/Country: ROTTERDAM, Netherlands/NL
Interest: 100,00% voting right,
100,00% capital interest (since 2002)
Class: 100%
Type: direct, Group-Level 2
Name: Unilever Swiss
Holdings AG
City/Country: Schaffhausen/SH, Switzerland/CH
Interest: 100,00% voting right,
100,00% capital interest (since 2002)
Name: Knorr-Nährmittel
Aktiengesellschaft
City/Country: Thayngen/SH, Switzerland/CH
Name: Unilever Reinsurance
AG
City/Country: Baar/ZG, Switzerland/CH
Class: 100%
Name: Unilever ASCC AG
City/Country: Schaffhausen/SH, Switzerland/CH
Interest: 100,00% voting right,
100,00% capital interest
Control date Year No. Amount CHF Status
14.11.2013 2013 0
31.12.2012 2012 1 528.-- Open legal actions
31.12.2012 2012 1 57,518.-- Opposition filed
31.12.2011 2011 0
31.12.2010 2010 0
31.12.2009 2009 0
31.12.2008 2008 0
31.12.2007 2007 0
31.12.2006 2006 0
31.12.2005 2005 0
An updated legal action check is only
available against proof of interest. e.g. a copy of an enquiry letter, and
order or invoice relating to the subject company.
Debt collection case:
NOV 2010: CHF 348.00.
Financial
Statements: The company does not
disclose any financial statements. Third parties are not permitted any insight
into the financial affairs. It is therefore difficult to make a proper
assessment of the actual situation.
Financial
Situation: The financial situation
is good.
Payment
experiences: Payment habits are
considered good.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.22 |
|
|
1 |
Rs.98.52 |
|
Euro |
1 |
Rs.77.75 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
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|
Report Prepared
by : |
NIS |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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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 |
|
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
|
-- |
NB |
New Business |
-- |
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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.