|
Report Date : |
05.09.2014 |
IDENTIFICATION DETAILS
|
Name : |
DEZA, A.S. |
|
|
|
|
Formerly Known As : |
DEZA, AKCIOVÁ SPOLEČNOST |
|
|
|
|
Registered Office : |
Masarykova 753 757 01 Valašské Meziříčí |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
29.12.1990 |
|
|
|
|
Com. Reg. No.: |
B 120 |
|
|
|
|
Legal Form : |
Public limited company |
|
|
|
|
Line of Business : |
·
Manufacture of basic and auxiliary products made
of raw tar ·
Manufacture of phthalate plasticizers, processing
raw benzole ·
Manufacture of other chemical products ·
Manufacture and distribution of heat and
electricity. |
|
|
|
|
No. of Employees |
1080 |
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 : |
Good |
|
Payment Behaviour : |
Regular |
|
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 |
DEZA, A.S.
Masarykova 753
757 01 Valašské Meziříčí
telephone: 00420/ 571 691 111
telefax: 00420/ 571 611 546
e-mail: info@deza.cz
Web: www.deza.cz
|
Legal form |
Public limited company |
|
|
Foundation |
29/12/1990 - Public limited company |
|
Comp. Register |
29/12/1990, Krajský soud v Ostravě, RegNr.:
B 120 |
|
Share Capital |
29/12/1990 |
CZK |
818 096 000,-
|
|
|
|
11/12/1992 |
CZK |
1 101 025 000,-
|
|
|
|
26/07/2006 |
CZK |
1 101 025 000,- |
|
|
|
01 pc of common
nominative share in book form, at nominal value |
|
Main Shareholder
|
AGROFERT, a.s.
(Statistical number: 26185610) |
% |
100 |
|
|
Board of
Directors |
Ing. Zbyněk
Průša (06.12.1953) |
|
|
AGROFERT, a.s. |
|
|
Ing. Martin
Marek (29.01.1970) |
|
Supervisory
Board |
Ing.
Oldřich Konečný, MBA (02.06.1966) |
|
|
Ing. Karel
Vabroušek (22.08.1969) |
|
|
Ing. Marta
Bezděková (07.05.1963) |
|
Management |
Ing. Karel
Jiříček (23.06.1942) |
|
General Data |
Manufacture of basic and auxiliary
products made of raw tar, |
|
|
Main activity: |
|
|
|
Former name(s) |
|
|
Trade name(s) |
|
|
Export: |
63% |
|
|
Import: |
|
|
|
General
contacts: |
|
|
Address: |
|
|
Masarykova č.p. 753, 757 28 Valašské
Meziříčí |
|
|
Masarykova 753, 757 28 Valašské
Meziříčí |
|
|
Hřbitovní 753, 757 28 Valašské
Meziříčí |
|
|
757 27 Valašské Meziříčí |
|
|
Branches of the
business: |
|
Staff |
2006 |
1069 employees |
|
|
2007 |
1071 employees |
|
|
2008 |
1081 employees |
|
|
2009 |
1011 employees |
|
|
2010 |
963 employees |
|
|
2011 |
968 employees |
|
|
2012 |
983 employees |
|
|
2013 |
984 employees |
|
|
2014 |
1080 employees |
|
Annual Sales |
2005 |
actual sales |
CZK |
7 204 510 000,-
|
|
|
|
2006 |
actual sales |
CZK |
7 976 791 000,-
|
|
|
|
2007 |
actual sales |
CZK |
8 660 134 000,-
|
|
|
|
2008 |
actual sales |
CZK |
8 994 596 000,-
|
|
|
|
2009 |
actual sales |
CZK |
5 166 488 000,-
|
|
|
|
2010 |
actual sales |
CZK |
7 585 128 000,-
|
|
|
|
2011 |
actual sales |
CZK |
8 896 593 000,-
|
|
|
|
2012 |
actual sales |
CZK |
9 509 681 000,-
|
|
|
|
2013 |
actual sales |
CZK |
10 255 867 000,-
|
|
|
|
The company is
not registered in the Central register of executions. |
|
Property |
Property of the company: Business premises
|
|
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
from business register, it is authenticated by the auditor. (31.12.2013 - 1
CZK) |
|
Remarks |
The company is a
holder of ISO 9001 and ISO 14001 certificates. |
|
|
Business
management: |
|
Bankers |
The Royal Bank of Scotland N.V.,
organizační složka |
(5400) |
|
|
balance |
31.12.2010 (CZK)
|
31.12.2011 (CZK)
|
31.12.2012 (CZK)
|
31.12.2013 (CZK)
|
|
r1 |
TOTAL ASSETS |
4 642 145 000 |
5 216 660 000 |
5 514 555 000 |
5 632 445 000 |
|
r2 |
Receivables for subscriptions |
0 |
0 |
0 |
0 |
|
r3 |
Fixed assets |
2 663 333 000 |
2 702 501 000 |
2 718 867 000 |
2 578 886 000 |
|
r4 |
Intangible fixed
assets |
15 812 000 |
72 917 000 |
77 560 000 |
49 891 000 |
|
r5 |
Incorporation expenses |
|
0 |
|
|
|
r6 |
Research and development |
|
0 |
|
|
|
r7 |
Software |
265 000 |
300 000 |
761 000 |
1 574 000
|
|
r8 |
Valuable rights |
1 543 000
|
36 037 000
|
31 351 000
|
25 571 000
|
|
r9 |
Goodwill |
|
0 |
|
|
|
r10 |
Other intangible fixed assets |
14 004 000
|
33 621 000
|
35 867 000
|
|
|
r11 |
Intangible fixed assets under construction
|
|
2 959 000
|
9 581 000
|
22 746 000
|
|
r12 |
Advance payments for intangible fixed
assets |
|
0 |
|
|
|
r13 |
Tangible fixed
assets |
2 324 358 000 |
2 335 781 000 |
2 352 392 000 |
2 245 761 000 |
|
r14 |
Lands |
97 267 000
|
97 576 000
|
97 507 000
|
96 847 000
|
|
r15 |
Constructions |
1 008 021 000
|
980 470 000
|
1 072 942 000
|
1 073 467 000
|
|
r16 |
Equipment |
1 092 067 000
|
1 047 795 000
|
1 035 671 000
|
1 048 118 000
|
|
r17 |
Perennial corps |
|
136 000 |
|
|
|
r18 |
Breeding and draught animals |
|
203 225 000
|
|
|
|
r19 |
Other tangible fixed assets |
136 000 |
6 579 000
|
148 000 |
148 000 |
|
r20 |
Tangible fixed assets under construction |
124 667 000
|
0 |
92 586 000
|
27 181 000
|
|
r21 |
Advance payments for tangible fixed assets
|
2 200 000
|
0 |
53 538 000
|
|
|
r22 |
Adjustment to acquired assets |
|
0 |
|
|
|
r23 |
Long-term
financial assets |
323 163 000 |
293 803 000 |
288 915 000 |
283 234 000 |
|
r24 |
Shares in controlled and managed
organizations |
45 799 000
|
42 038 000
|
44 813 000
|
47 936 000
|
|
r25 |
Shares in accounting units with
substantial influence |
178 327 000
|
178 327 000
|
178 327 000
|
178 327 000
|
|
r26 |
Other securities and shares |
1 000 |
1 000 |
1 000 |
1 000 |
|
r27 |
Loans to controlled and managed organizations
and to accounting unit with substantial influence |
|
73 437 000
|
|
|
|
r28 |
Other financial investments |
99 036 000
|
0 |
65 774 000
|
56 970 000
|
|
r29 |
Financial investments acquired |
|
0 |
|
|
|
r30 |
Advance payments for long-term financial
assets |
|
0 |
|
|
|
r31 |
Current assets |
1 942 474 000 |
2 510 086 000 |
2 789 390 000 |
3 041 201 000 |
|
r32 |
Inventory |
831 157 000 |
1 159 264 000 |
1 463 377 000 |
1 630 821 000 |
|
r33 |
Materials |
336 046 000
|
539 891 000
|
488 562 000
|
639 320 000
|
|
r34 |
Work in progress and semi-products |
181 918 000
|
248 341 000
|
398 625 000
|
412 235 000
|
|
r35 |
Finished products |
285 445 000
|
345 319 000
|
509 934 000
|
552 755 000
|
|
r36 |
Animals |
|
0 |
|
|
|
r37 |
Merchandise |
435 000 |
148 000 |
424 000 |
604 000 |
|
r38 |
Advance payments for inventory |
27 313 000
|
25 565 000
|
65 832 000
|
25 907 000
|
|
r39 |
Long-term
receivables |
8 397 000 |
7 096 000 |
5 286 000 |
5 281 000 |
|
r40 |
Trade receivables |
|
5 281 000
|
|
|
|
r41 |
Receivables from controlled and managed
organizations |
|
1 815 000
|
|
|
|
r42 |
Receivables from accounting units with substantial
influence |
|
0 |
|
|
|
r43 |
Receivables from partners, cooperative
members and association members |
|
0 |
|
|
|
r44 |
Long-term deposits given |
5 275 000
|
0 |
5 286 000
|
5 281 000
|
|
r45 |
Estimated receivable |
|
0 |
|
|
|
r46 |
Other receivables |
3 122 000
|
0 |
|
|
|
r47 |
Deferred tax receivable |
|
0 |
|
|
|
r48 |
Short-term
receivables |
939 732 000 |
1 200 155 000 |
1 219 686 000 |
1 300 938 000 |
|
r49 |
Trade receivables |
866 663 000
|
1 099 032 000
|
1 155 713 000
|
1 151 477 000
|
|
r50 |
Receivables from controlled and managed
organizations |
|
0 |
|
|
|
r51 |
Receivables from accounting units with
substantial influence |
|
0 |
|
|
|
r52 |
Receivables from partners, cooperative
members and association members |
|
0 |
|
|
|
r53 |
Receivables from social security and
health insurance |
|
0 |
|
|
|
r54 |
Due from state - tax receivable |
14 730 000
|
43 997 000
|
54 874 000
|
117 758 000
|
|
r55 |
Short-term deposits given |
25 216 000
|
55 720 000
|
3 106 000
|
3 565 000
|
|
r56 |
Estimated receivable |
25 494 000
|
20 000 |
5 680 000
|
28 111 000
|
|
r57 |
Other receivables |
7 629 000
|
1 386 000
|
313 000 |
27 000 |
|
r58 |
Short-term
financial assets |
163 188 000 |
143 571 000 |
101 041 000 |
104 161 000 |
|
r59 |
Cash |
469 000 |
431 000 |
457 000 |
417 000 |
|
r60 |
Bank accounts |
162 719 000
|
143 140 000
|
100 584 000
|
103 744 000
|
|
r61 |
Short-term securities and ownership
interests |
|
0 |
|
|
|
r62 |
Short-term financial assets acquired |
|
0 |
|
|
|
r63 |
Accruals |
36 338 000 |
4 073 000 |
6 298 000 |
12 358 000 |
|
r64 |
Deferred expenses |
36 335 000
|
3 337 000
|
3 903 000
|
9 737 000
|
|
r65 |
Complex deferred costs |
|
735 000 |
2 338 000
|
2 584 000
|
|
r66 |
Deferred income |
3 000 |
1 000 |
57 000 |
37 000 |
|
r67 |
TOTAL
LIABILITIES |
4 642 145 000 |
5 216 660 000 |
5 514 555 000 |
5 632 445 000 |
|
r68 |
Equity |
3 442 163 000 |
3 695 447 000 |
3 450 012 000 |
2 980 875 000 |
|
r69 |
Registered
capital |
1 101 025 000 |
1 101 025 000 |
1 101 025 000 |
1 101 025 000 |
|
r70 |
Registered capital |
1 101 025 000
|
1 101 025 000
|
1 101 025 000
|
1 101 025 000
|
|
r71 |
Company’s own shares and ownership
interests (-) |
|
0 |
|
|
|
r72 |
Changes of registered capital ( +/- ) |
|
0 |
|
|
|
r73 |
Capital funds |
-25 189 000 |
-31 631 000 |
-21 095 000 |
-11 351 000 |
|
r74 |
Share premium |
|
0 |
|
|
|
r75 |
Other capital funds |
15 552 000
|
15 552 000
|
15 552 000
|
15 552 000
|
|
r76 |
Differences from revaluation of assets and
liabilities ( +/- ) |
-40 741 000
|
-47 183 000
|
-36 647 000
|
-26 903 000
|
|
r77 |
Differences from revaluation in
transformation ( +/- ) |
|
0 |
|
|
|
r78 |
Reserve funds, statutory
reserve account for cooperatives, and other retained earnings |
220 896 000 |
220 755 000 |
220 537 000 |
220 711 000 |
|
r79 |
Legal reserve fund / indivisible fund |
220 205 000
|
220 205 000
|
220 205 000
|
220 205 000
|
|
r80 |
Statutory and other funds |
691 000 |
550 000 |
332 000 |
506 000 |
|
r81 |
Profit / loss -
previous years |
1 044 114 000 |
1 389 206 000 |
1 398 922 000 |
1 142 959 000 |
|
r82 |
Retained earnings from previous years |
1 044 114 000
|
1 389 206 000
|
1 398 922 000
|
1 142 959 000
|
|
r83 |
Accumulated losses from previous years |
|
0 |
|
|
|
r84 |
Profit / loss -
current year (+/-) |
1 101 317 000 |
1 016 092 000 |
750 623 000 |
527 531 000 |
|
r85 |
Liabilities |
1 176 212 000 |
1 454 518 000 |
2 063 679 000 |
2 651 406 000 |
|
r86 |
Reserves |
213 801 000 |
226 426 000 |
80 143 000 |
150 939 000 |
|
r87 |
Reserves under special statutory
regulations |
88 242 000
|
28 709 000
|
66 972 000
|
137 360 000
|
|
r88 |
Reserves for pension and similar payables |
|
0 |
|
|
|
r89 |
Income tax reserves |
121 470 000
|
187 804 000
|
|
|
|
r90 |
Other reserves |
4 089 000
|
9 913 000
|
13 171 000
|
13 579 000
|
|
r91 |
Long-term
payables |
237 635 000 |
208 275 000 |
166 406 000 |
158 870 000 |
|
r92 |
Trade payables |
|
0 |
|
|
|
r93 |
Payables to controlled and managed
organizations |
|
0 |
|
|
|
r94 |
Payables to accounting units with
substantial influence |
|
0 |
|
|
|
r95 |
Payables from partners, cooperative
members and association members |
|
0 |
|
|
|
r96 |
Long-term advances received |
|
0 |
|
|
|
r97 |
Issues bonds |
|
0 |
|
|
|
r98 |
Long-term notes payables |
|
0 |
|
|
|
r99 |
Estimated payables |
|
0 |
|
|
|
r100 |
Other payables |
47 836 000
|
30 218 000
|
|
|
|
r101 |
Deferred tax liability |
189 799 000
|
178 057 000
|
166 406 000
|
158 870 000
|
|
r102 |
Short-term
payables |
686 192 000 |
794 443 000 |
839 385 000 |
868 003 000 |
|
r103 |
Trade payables |
539 906 000
|
673 357 000
|
712 078 000
|
760 590 000
|
|
r104 |
Payables to controlled and managed
organizations |
|
0 |
|
|
|
r105 |
Payables to accounting units with
substantial influence |
|
0 |
|
|
|
r106 |
Payables from partners, cooperative
members and association members |
|
0 |
|
|
|
r107 |
Payroll |
25 637 000
|
20 801 000
|
27 430 000
|
32 817 000
|
|
r108 |
Payables to social securities and health
insurance |
15 661 000
|
12 458 000
|
13 953 000
|
16 533 000
|
|
r109 |
Due from state - tax liabilities and
subsidies |
21 458 000
|
37 397 000
|
35 500 000
|
8 874 000
|
|
r110 |
Short-term deposits received |
32 595 000
|
910 000 |
6 703 000
|
7 740 000
|
|
r111 |
Issues bonds |
|
0 |
|
|
|
r112 |
Estimated payables |
9 163 000
|
9 206 000
|
5 383 000
|
36 533 000
|
|
r113 |
Other payables |
41 772 000
|
40 314 000
|
38 338 000
|
4 916 000
|
|
r114 |
Bank loans and
financial accommodations |
38 584 000 |
225 374 000 |
977 745 000 |
1 473 594 000 |
|
r115 |
Long-term bank loans |
0 |
0 |
0 |
0 |
|
r116 |
Short-term bank loans |
38 584 000
|
225 374 000
|
977 745 000
|
1 473 594 000
|
|
r117 |
Short-term accommodations |
0 |
0 |
0 |
0 |
|
r118 |
Accruals |
23 770 000 |
66 695 000 |
864 000 |
164 000 |
|
r119 |
Accrued expenses |
23 770 000
|
66 695 000
|
864 000 |
164 000 |
|
r120 |
Deferred revenues |
|
0 |
|
|
|
|
profit/loss
account |
31.12.2010 (CZK)
|
31.12.2011 (CZK)
|
31.12.2012 (CZK)
|
31.12.2013 (CZK)
|
|
a1 |
Turnover |
7 585 128 000 |
8 896 593 000 |
9 509 681 000 |
10 255 867 000 |
|
a2 |
Revenues from sold goods |
6 563 000
|
7 386 000
|
6 044 000
|
19 012 000
|
|
a3 |
Expenses on sold goods |
5 450 000
|
6 212 000
|
5 162 000
|
18 004 000
|
|
a4 |
Sale margin |
1 113 000 |
1 174 000 |
882 000 |
1 008 000 |
|
a5 |
Production |
7 563 082 000 |
9 070 807 000 |
9 913 043 000 |
10 345 154 000 |
|
a6 |
Revenues from own products and services |
7 578 565 000
|
8 889 207 000
|
9 503 637 000
|
10 236 855 000
|
|
a7 |
Change in inventory of own products |
-40 416 000
|
141 187 000
|
380 815 000
|
74 045 000
|
|
a8 |
Capitalization |
24 933 000
|
40 413 000
|
28 591 000
|
34 254 000
|
|
a9 |
Production
consumption |
5 885 233 000 |
7 147 263 000 |
8 224 246 000 |
9 033 831 000 |
|
a10 |
Consumption of material and energy |
5 008 033 000
|
6 354 830 000
|
7 470 198 000
|
8 238 506 000
|
|
a11 |
Services |
877 200 000
|
792 433 000
|
754 048 000
|
795 325 000
|
|
a12 |
Added value |
1 678 962 000 |
1 924 718 000 |
1 689 679 000 |
1 312 331 000 |
|
a13 |
Personnel
expenses |
451 231 000 |
471 157 000 |
486 680 000 |
503 755 000 |
|
a14 |
Wages and salaries |
331 439 000
|
347 561 000
|
359 636 000
|
369 923 000
|
|
a15 |
Renumeration of board members |
153 000 |
144 000 |
130 000 |
126 000 |
|
a16 |
Social security expenses and health
insurance |
109 567 000
|
112 583 000
|
115 776 000
|
120 682 000
|
|
a17 |
Other social expenses |
10 072 000
|
10 869 000
|
11 138 000
|
13 024 000
|
|
a18 |
Taxes and fees |
5 219 000
|
5 231 000
|
8 661 000
|
8 988 000
|
|
a19 |
Depreciations of intangible and tangible
assets |
321 622 000
|
321 345 000
|
339 565 000
|
334 042 000
|
|
a20 |
Revenues from
disposals of fixed assets and materials |
55 882 000 |
20 573 000 |
22 544 000 |
20 745 000 |
|
a21 |
Revenues from disposals of fixed assets |
34 454 000
|
498 000 |
1 635 000
|
2 318 000
|
|
a22 |
Revenues from disposals of materials |
21 428 000
|
20 075 000
|
20 909 000
|
18 427 000
|
|
a23 |
Net book value
of disposed fixed assets and materials |
18 131 000 |
17 280 000 |
18 718 000 |
17 208 000 |
|
a24 |
Net book value of sold fixed assets |
233 000 |
42 000 |
813 000 |
1 304 000
|
|
a25 |
Net book value of sold material |
17 898 000
|
17 238 000
|
17 905 000
|
15 904 000
|
|
a26 |
Change in operating reserves and
adjustments and complex deferred costs ( + / - ) |
-165 448 000
|
5 486 000
|
110 175 000
|
80 479 000
|
|
a27 |
Other operating revenues |
303 394 000
|
95 063 000
|
57 208 000
|
103 875 000
|
|
a28 |
Other operating expenses |
331 960 000
|
130 185 000
|
95 816 000
|
99 008 000
|
|
a29 |
Transfer of operating revenues |
|
0 |
|
|
|
a30 |
Transfer of operating expenses |
|
0 |
|
|
|
a31 |
Operating profit
/ loss |
1 075 523 000 |
1 089 670 000 |
709 816 000 |
393 471 000 |
|
a32 |
Revenues from sales of securities and
ownership interests |
|
0 |
|
|
|
a33 |
Sold securities and ownership interests |
|
0 |
|
|
|
a34 |
Revenues from
long-term financial assets |
110 596 000 |
120 710 000 |
194 732 000 |
215 471 000 |
|
a35 |
Revenues from shares in controlled and
managed organizations and in accounting units with substantial influence |
110 596 000
|
120 710 000
|
194 732 000
|
215 471 000
|
|
a36 |
Revenues from others securities and
ownership interests |
|
0 |
|
|
|
a37 |
Revenues from other long-term financial
assets |
|
0 |
|
|
|
a38 |
Revenues from short-term financial assets |
8 000 |
2 000 |
33 000 |
|
|
a39 |
Expenses associated with financial assets |
|
0 |
|
|
|
a40 |
Revenues from revaluation of securities
and derivatives |
59 857 000
|
229 000 |
7 189 000
|
|
|
a41 |
Cost of revaluation of securities and
derivatives |
1 316 000
|
8 160 000
|
1 665 000
|
|
|
a42 |
Change in financial reserves and
adjustments ( + / - ) |
|
0 |
|
|
|
a43 |
Interest revenues |
662 000 |
547 000 |
724 000 |
161 000 |
|
a44 |
Interest expenses |
3 613 000
|
2 321 000
|
1 541 000
|
6 652 000
|
|
a45 |
Other financial revenues |
142 370 000
|
157 792 000
|
115 781 000
|
142 651 000
|
|
a46 |
Other financial expenses |
140 147 000
|
133 116 000
|
143 603 000
|
144 288 000
|
|
a47 |
Transfer of financial revenues |
|
0 |
0 |
|
|
a48 |
Transfer of financial expenses |
|
0 |
0 |
|
|
a49 |
Profit / loss
from financial operations ( transactions ) |
168 417 000 |
135 683 000 |
171 650 000 |
207 343 000 |
|
a50 |
Income tax on
ordinary income |
147 904 000 |
209 261 000 |
130 843 000 |
73 283 000 |
|
a51 |
Due tax |
122 926 000
|
221 003 000
|
142 494 000
|
80 819 000
|
|
a52 |
Tax deferred |
24 978 000
|
-11 742 000
|
-11 651 000
|
-7 536 000
|
|
a53 |
Operating profit
/ loss ordinary activity |
1 096 036 000 |
1 016 092 000 |
750 623 000 |
527 531 000 |
|
a54 |
Extraordinary revenues |
6 025 000
|
0 |
|
|
|
a55 |
Extraordinary expenses |
|
0 |
|
|
|
a56 |
Income tax on
extraordinary income |
744 000 |
0 |
0 |
|
|
a57 |
Due tax |
744 000 |
0 |
|
|
|
a58 |
Tax deferred |
|
0 |
|
|
|
a59 |
Operating profit
/ loss extraordinary activity |
5 281 000 |
0 |
0 |
0 |
|
a60 |
Transfer profit ( loss ) to partners (+/-)
|
|
0 |
|
|
|
a61 |
Profit / loss of
current accounting period (+/-) |
1 101 317 000 |
1 016 092 000 |
750 623 000 |
527 531 000 |
|
a62 |
Profit / loss
before tax (+/-) |
1 249 965 000 |
1 225 353 000 |
881 466 000 |
600 814 000 |
|
|
Operating cash
flow |
1 287 957 000 |
|
599 376 000 |
702 670 000 |
|
|
Investment cash
flow |
-465 876 000 |
|
-357 465 000 |
-238 017 000 |
|
|
Financial cash
flow |
-754 944 000 |
|
-284 441 000 |
-510 563 000 |
|
|
Receivables
after due date total |
110 546 000 |
145 368 000 |
165 844 000 |
155 576 000 |
|
|
Liabilities
after due date total |
4 839 000 |
1 053 000 |
7 451 000 |
2 608 000 |
|
Balance indices |
|
31.12.2010 |
31.12.2011 |
31.12.2012 |
31.12.2013 |
|
Return on total assets ROA (in %) |
a62/r1 * 100 |
26,93 |
23,49 |
15,98 |
10,67 |
|
Return on equity ROE (in %) |
a62/r68 * 100 |
36,31 |
33,16 |
25,55 |
20,16 |
|
Return on sales ROS (in %) |
a62/a1 * 100 |
16,48 |
13,77 |
9,27 |
5,86 |
|
Turnover of receivables (in days) |
r49/a1 * 365 |
41,70 |
45,09 |
44,36 |
40,98 |
|
Turnover of liabilities (in days) |
r103/a1 * 365 |
25,98 |
27,63 |
27,33 |
27,07 |
|
Turnover of inventories (days) |
r32/a1 * 365 |
40,00 |
47,56 |
56,17 |
58,04 |
|
Net working capital (in ths. CZK) |
r31 - r102 - r116 - r117 |
1 217 698,00
|
1 490 269,00
|
972 260,00 |
699 604,00 |
|
Ratio of accounts payable to accounts
receivable (in %) |
(r39+r48) / (r91+r102) * 100 |
102,63 |
120,40 |
121,79 |
127,20 |
|
Ratio of profit/loss to tangible assets
(in%) |
r3 / a1 * 100 |
35,11 |
30,38 |
28,59 |
25,15 |
|
Current ratio |
r31 / (r102+r116+r117) |
2,68 |
2,46 |
1,54 |
1,30 |
|
Quick ratio |
(r58+r48) / (r102+r116+r117) |
1,52 |
1,32 |
0,73 |
0,60 |
|
Cash ratio |
r58 / (r102+r116+r117) |
0,23 |
0,14 |
0,06 |
0,04 |
|
Debt ratio I (in %) |
(1-r68/r67) * 100 |
25,85 |
29,16 |
37,44 |
47,08 |
|
Debt ratio II (in %) |
r85/r67 * 100 |
25,34 |
27,88 |
37,42 |
47,07 |
|
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.45 |
|
UK Pound |
1 |
Rs.99.46 |
|
Euro |
1 |
Rs.79.46 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
NIS |
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.