|
Report No. : |
316089 |
|
Report Date : |
06.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
HEIDELBERGER DRUCKMASCHINEN AKTIENGESELLSCHAFT |
|
|
|
|
Registered Office : |
Kurfürsten-Anlage 52-60 D 69115 Heidelberg Post Box: 10 29 40, D 69019 Heidelberg |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.03.2014 |
|
|
|
|
Date of Incorporation : |
01.01.1900 |
|
|
|
|
Com. Reg. No.: |
HRB 330004 |
|
|
|
|
Legal Form : |
Public Limited Company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employee : |
7,223 |
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
GERMANY ECONOMIC OVERVIEW
The German economy - the fifth largest economy in the world in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force. Like its Western European neighbors, Germany faces significant demographic challenges to sustained long-term growth. Low fertility rates and declining net immigration are increasing pressure on the country's social welfare system and necessitate structural reforms. Reforms launched by the government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to address chronically high unemployment and low average growth, has contributed to strong growth and falling unemployment. These advances, as well as a government subsidized, reduced working hour scheme, help explain the relatively modest increase in unemployment during the 2008-09 recession - the deepest since World War II - and its decrease to 5.3% in 2013. The new German government introduced a minimum wage of $11 per hour to take effect in 2015. Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's total budget deficit - including federal, state, and municipal - to 4.1% in 2010, but slower spending and higher tax revenues reduced the deficit to 0.8% in 2011 and in 2012 Germany reached a budget surplus of 0.1%. A constitutional amendment approved in 2009 limits the federal government to structural deficits of no more than 0.35% of GDP per annum as of 2016 though the target was already reached in 2012. Following the March 2011 Fukushima nuclear disaster, Chancellor Angela MERKEL announced in May 2011 that eight of the country's 17 nuclear reactors would be shut down immediately and the remaining plants would close by 2022. Germany hopes to replace nuclear power with renewable energy. Before the shutdown of the eight reactors, Germany relied on nuclear power for 23% of its electricity generating capacity and 46% of its base-load electricity production.
|
Source
: CIA |
HEIDELBERGER DRUCKMASCHINEN AKTIENGESELLSCHAFT
Company Status: active
Kurfürsten-Anlage 52-60
D 69115
Heidelberg
Post Box:
10 29 40, D
69019 Heidelberg
Telephone:06221/9200
Telefax: 06221/926999
Homepage:
www.heidelberg.com
E-mail: information@heidelberg.com
VAT no.: DE143455661
LEGAL FORM Public limited company
Registered on: 01.01.1900
Commercial Register: Local court
68159 Mannheim
under: HRB 330004
EUR 659,040,714.24
The company is listed on the stock market.
Shareholder:
Union
Investment Privatfonds GmbH
Weißfrauenstr. 7
D 60311
Frankfurt
Post Box:
16 07 63, D
60070 Frankfurt
Legal form:
Private limited company
Share capital: EUR
24,461,950.00
Share: 2.380 %
Registered
on: 30.01.1968
Reg. data:
60313 Frankfurt, HRB 9073
Shareholder:
UBS AG
CH Zürich
Legal form:
Other legal form
Share: 4.220 %
Shareholder:
Gallus
Ferdinand Rüesch AG
Harzbüchelstr.
34
CH 9016 St.
Gallen
Legal form:
Other legal form
Share: 9.020 %
Shareholder:
RWE
Aktiengesellschaft
Opernplatz 1
D 45128 Essen
Post Box:
10 30 61, D
45030 Essen
Legal form:
Public limited company
Share
capital: EUR 1,573,748,477.44
Share: 3.000 %
Registered
on: 26.10.2000
Reg. data:
45130 Essen, HRB 14525
Shareholder:
Universal-Investment-Gesellschaft mit
beschränkter
Haftung
Theodor-Heuss-Allee 70
D 60486
Frankfurt
Post Box:
17 05 48, D
60079 Frankfurt
Legal form:
Private limited company
Share
capital: EUR 10,400,000.00
Share: 8.180 %
Registered
on: 04.11.1968
Reg. data:
60313 Frankfurt, HRB 9937
Shareholder:
Dimensional
Holdings Inc.
USA Austin
Legal form:
Other legal form
Share: 3.010 %
Shareholder:
Sourse
Markets plc
GB London
Legal form: Other legal form
Share: 0.180 %
President of the Board of Directors:
Dr. Gerold
Linzbach
Wolfsgangstr.
89
D 60322
Frankfurt
born: 13.02.1956
Member of the Board of Directors:
Dirk Kaliebe
D 69207
Sandhausen
born:
26.04.1966
Member of the Board of Directors:
Harald Weimer
USA Atlanta, Georgia
born:
05.05.1964
Member of the Board of Directors:
Stephan Plenz
D 69207
Sandhausen
born:
14.05.1965
President of the Supervisory Board:
Robert J.
Koehler
D 65193
Wiesbaden
born:
12.01.1949 in München
Profession:
Management expert
Marital
status: unknown
Vice-president of the Supervisory Board:
Rainer Wagner
D 69234
Dielheim
Marital
status: unknown
Member of the Supervisory Board:
Dr. Günther
Schuh
Krautmühlenweg 9
D 52066 Aachen
born:
19.11.1958
Marital
status: married
Member of the Supervisory Board:
Edwin
Ferdinand Eichler
CH Weggis
born:
10.04.1968
Profession: Fully qualified
computer
scientist
Property
regime: Statutory matrimonial
property
regime
Marital
status: married
Member of the Supervisory Board:
Dr. Herbert
Meyer
Helbighainer
Weg 16
D 61462
Königstein
born:
17.09.1946 in Eckernförde
Profession:
Business consultant
Marital
status: married
Member of the Supervisory Board:
Dr. Siegfried
Jaschinski
D 70173
Stuttgart
born:
21.08.1954
Profession:
Businessman
Member of the Supervisory Board:
Kirsten Lange
D 89073 Ulm
born:
08.06.1966
Representative of the Employees within the Supervisory Board:
Christoph
Wösler
D 69190
Walldorf
born: 22.03.1962
Representative of the Employees within the Supervisory Board:
Mirko Geiger
D 69115
Heidelberg
Representative of the Employees within the Supervisory Board:
Beate Schmitt
D 76646 Bruchsal
Marital
status: unknown
Representative of the Employees within the Supervisory Board:
Roman
Zitzelsberger
Auf dem Berg
12
D 76467
Bietigheim
Representative of the Employees within the Supervisory Board:
Ralph Arns
D 76669 Bad
Schönborn
Marital
status: unknown
Proxy:
Josef Schell
D 69190
Walldorf
authorized to
jointly represent the company
born:
17.05.1964
Proxy:
Oliver
Wolfgang Heeb
D 69469
Weinheim
authorized to
jointly represent the company
born:
16.05.1973
Proxy:
Stephan
Knuppertz
D 69115
Heidelberg
authorized to
jointly represent the company
born:
08.09.1970
Marital status: unknown
Proxy:
Dietrich
Firnhaber
Kastellweg 10
D 69120
Heidelberg
authorized to
jointly represent the company
born:
04.08.1965
Marital status: married
Proxy:
Manfred
Andreas Grundl
D 45468
Mülheim
born:
12.07.1956
Proxy:
Peter Tix
D 69226
Nußloch
born: 25.04.1962
Proxy:
Wolfgang Roth
D 69493
Hirschberg
Proxy:
Klaus-Peter
Gurries
Konrad-Adenauer-Ring 9 a
D 69226
Nußloch
Profession:
graduate engineer
Marital
status: married
Proxy:
Karl Erich
Zirm
D 69115
Heidelberg
born:
21.09.1955
Proxy:
Heribert
Wille
D 74889 Sinsheim
born:
14.07.1960
Proxy:
Helge Werner
D 76669 Bad
Schönborn
authorized to
jointly represent the company
born:
18.12.1964
Proxy:
Thomas Schrotz
D 68159
Mannheim
authorized to
jointly represent the company
born:
01.02.1964
Proxy:
Achim Schmidt
D 68723
Oftersheim
authorized to
jointly represent the company
born:
01.02.1966
Proxy:
Stefan Orbach
D 73540
Heubach
authorized to
jointly represent the company
born: 19.04.1964
Proxy:
Dr. Michael
Merz
Ostlandstr.
15
D 69207
Sandhausen
authorized to
jointly represent the company
born:
27.12.1963
Profession: graduate
engineer
Marital
status: unknown
Proxy:
Peter Franzen
Zur Schönen
Aussicht 21
D 69434
Hirschhorn
authorized to
jointly represent the company
born:
06.09.1954
Proxy:
Thorsten
Christian Kirchmayer
D 73033
Göppingen
authorized to
jointly represent the company
born:
20.12.1964
Proxy:
Dr. Rupert
Felder
D 76593
Gernsbach
authorized to
jointly represent the company
born:
05.05.1963
Marital
status: unknown
Proxy:
Frank Kropp
D 69256 Mauer
authorized to
jointly represent the company
born:
24.01.1969
Proxy:
Dr. Michael
Outschar
D 68159
Mannheim
authorized to jointly
represent the company
born:
20.06.1962
Proxy:
Jason Oliver
D 40472
Ratingen
authorized to
jointly represent the company
born: 23.06.1970
Proxy:
Gerwin Cordes
D 69115
Heidelberg
authorized to
jointly represent the company
born:
30.01.1963
Further functions/participations of Dirk Kaliebe (Member of the
Board of Directors)
Vice-president of the Supervisory Board:
Heidelberger
Druckmaschinen Vertrieb
Deutschland
Gesellschaft mit beschränkter
Haftung
Kurfürsten-Anlage
52-60
D 69115
Heidelberg
Post Box:
10 29 40, D
69019 Heidelberg
Legal form:
Private limited company
Share
capital: EUR 25,616,000.00
Registered
on: 17.10.1990
Reg.
data: 68159 Mannheim, HRB 334038
01.01.1900 - 31.12.1950
Schnellpressenfabrik Aktiengesellschaft
Heidelberg
D 69115
Heidelberg
Public
limited company
01.01.2012 - 03.02.2015 Member of
the Supervisory Board
Lone
Fonss Schroder
DK Hornbaek
08.03.2010 - 11.04.2014 Member of
the Board of Directors
Marcel
Kiessling
D 78050
Villingen-Schwenningen
02.03.2000 - 06.09.2012 President
of the Board of Directors
Bernhard Schreier
D 76646
Bruchsal
Main industrial sector
28950 Manufacture of machinery
for paper and paperboard
production
2896 Manufacture of machinery
for processing plastics and
rubber
4669 Wholesale of other
machinery, equipment and supplies
Secondary industrial sector
6420 Activities of holding
companies
Works:
Heidelberger
Druckmaschinen
Aktiengesellschaft
Heidelberger
Str.
D 14772
Brandenburg
TEL.:
03381-770
FAX.:
03381-772823
Works:
Heidelberger
Druckmaschinen
Aktiengesellschaft
Egelsee
D 73340
Amstetten
TEL.:
07331/310
FAX.:
07331/313128
Works:
Heidelberger
Druckmaschinen
Aktiengesellschaft
Dr.-Hell-Str.
D 24107 Kiel
TEL.:
0431/386-0
FAX.:
0431/386-1380
Works:
Heidelberger
Druckmaschinen
Aktiengesellschaft
Elisabeth-Selbert-Str.
13
D 40764
Langenfeld
Branch:
Heidelberger
Druckmaschinen
Aktiengesellschaft
Gutenbergring
19-21
D 69168
Wiesloch
TEL.: 06222/8200
FAX.:
06222/823705
Limited partner:
Heidelberger
Druckmaschinen Real Estate GmbH
& Co KG
Gutenbergstr.
20
D 69190 Walldorf
Legal form:
Ltd partnership with priv. ltd.
company as general partner
Company
Status: active
Total
cap. EUR 10,000.00
contribution:
Share: EUR 10,000.00
Reg.
data: 09.03.2009
Local court 68159 Mannheim
HRA 702260
Limited partner:
SABAL GmbH & Co. Objekt
FEZ Heidelberg KG
Emil-Riedl-Weg 6
D 82049
Pullach
Legal form:
Ltd partnership with priv. ltd.
company as general partner
Company
Status: active
Total
cap. EUR 9,910.00
contribution:
Share: EUR 9,900.00
Reg.
data: 19.03.2007
Local court 80333 München
HRA 89858
Shareholder:
Heidelberger
Druckmaschinen Vertrieb
Deutschland
Gesellschaft mit beschränkter
Haftung
Kurfürsten-Anlage 52-60
D 69115
Heidelberg
Post Box:
10 29 40
Legal form:
Private limited company
Company Status:
active
Share
capital: EUR 25,616,000.00
Share: EUR 25,616,000.00
Reg.
data: 17.10.1990
Local court 68159 Mannheim
HRB 334038
Shareholder:
Heidelberg
Print Finance International
Gesellschaft
mit beschränkter Haftung
Kurfürsten-Anlage 52-60
D 69115
Heidelberg
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 10,226,000.00
Share: EUR 10,226,000.00
Reg.
data: 01.08.1989
Local court 68159 Mannheim
HRB 333747
Shareholder:
Heidelberg
Boxmeer Beteiligungs-GmbH
Kurfürsten-Anlage 52-60
D 69115 Heidelberg
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 150,000.00
Share: EUR 150,000.00
Reg.
data: 28.12.1995
Local court 68159 Mannheim
HRB 335309
Shareholder:
Neo 7even
GmbH
Spandauer
Str. 40
D 57072 Siegen
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 100,000.00
Share: EUR 100,000.00
Reg. data: 13.12.2013
Local court 57072 Siegen
HRB 10259
Shareholder:
Heidelberg
Postpress Deutschland GmbH
Kurfürsten-Anlage 52-60
D 69115
Heidelberg
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 52,000.00
Share: EUR 52,000.00
Reg.
data: 22.09.1999
Local court 68159 Mannheim
HRB 337660
Shareholder:
Sporthotel
Heidelberger Druckmaschinen mit
beschränkter Haftung
Kurfürsten-Anlage 52-60
D 69115
Heidelberg
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 26,000.00
Share: EUR 26,000.00
Reg.
data: 23.06.1992
Local court 68159 Mannheim
HRB 334444
Shareholder:
Kurpfalz Asset Management
Gesellschaft mit
beschränkter
Haftung
Kurfürsten-Anlage 52-60
D 69115
Heidelberg
Legal form:
Private limited company
Company Status: active
Share
capital: EUR 26,000.00
Share: EUR 26,000.00
Reg.
data: 07.02.1975
Local court 68159 Mannheim
HRB 331010
Shareholder:
Heidelberger
Druckmaschinen
Vermögensverwaltungsgesellschaft mit
beschränkter
Haftung
Gutenbergstr.
20
D 69190
Walldorf
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 22.09.2008
Local court 68159 Mannheim
HRB 705115
Shareholder:
Heidelberg
Consumables Holding GmbH
Kurfürsten-Anlage
52-60
D 69115
Heidelberg
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 01.04.2008
Local court 68159 Mannheim
HRB 704147
Shareholder:
Heidelberg
Catering Services GmbH
Gutenbergring
19
D 69168
Wiesloch
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 06.07.2004
Local court 68159 Mannheim
HRB 352069
Shareholder:
KITZ - Kieler
Innovations- und
Technologiezentrum GmbH
Schauenburgerstr. 116
D 24118 Kiel
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 474,850.00
Share: EUR 15,450.00
Reg.
data: 27.10.1994
Local court 24114 Kiel
HRB 4018 KI
Shareholder:
InnovationLab
GmbH
Speyerer Str.
4
D 69115
Heidelberg
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 26,400.00
Share: EUR 1,320.00
Reg.
data: 15.09.2008
Local court 68159 Mannheim
HRB 705066
Payment experience: Slow but
correct
Negative information:We have no negative information at hand.
Balance sheet
year: 2013/2014
Type of ownership: proprietor
Share: 100.00 %
Address Kurfürsten-Anlage 52-60
D 69115
Heidelberg
Real Estate of: Union
Investment Privatfonds GmbH
Type of ownership: Tenant
Address
Weißfrauenstr. 7
D 60311
Frankfurt
Real Estate of: RWE Aktiengesellschaft
Type of ownership: proprietor
Share: 100.00 %
Address Opernplatz 1
D 45128 Essen
Land register documents were not available.
Principal bank
COMMERZBANK, 69007 HEIDELBERG, NECKAR
Sort. code: 67240039
BIC: COBADEFFXXX
Further banks
COMMERZBANK, 24100 KIEL
Sort. code: 21040010, Account no.: 7396500
BIC: COBADEFFXXX, IBAN: DE77210400100739650000
DEUTSCHE BANK, 69111 HEIDELBERG, NECKAR
Sort. code: 67270003
BIC: DEUTDESM672
COMMERZBANK VORMALS DRESDNER BANK, 69115 HEIDELBERG, NECKAR
Sort. code: 67280051
BIC: DRESDEFF672
SPARKASSE HEIDELBERG, 69004 HEIDELBERG, NECKAR
Sort. code: 67250020
BIC: SOLADES1HDB
Turnover: 2012/2013 EUR 1,289,256,000.00
2013/2014 EUR 1,130,436,000.00
Profit: 2012/2013 EUR -76,515,000.00
2013/2014 EUR -109,363,000.00
further
business figures:
Equipment: EUR 109,345,000.00
Ac/ts
receivable:
EUR 245,819,000.00
Liabilities: EUR 927,658,000.00
Employees:
7,223
-
thereof permanent staff: 6,834
-
Trainees:
389
Balance
sheet ratios 01.04.2013 - 31.03.2014
Equity
ratio [%]: 33.35
Liquidity
ratio: 0.29
Return
on total capital [%]: -5.48
Balance
sheet ratios 01.04.2012 - 31.03.2013
Equity
ratio [%]: 37.40
Liquidity
ratio: 0.31
Return
on total capital [%]: -3.79
Balance
sheet ratios 01.04.2011 - 31.03.2012
Equity
ratio [%]: 37.21
Liquidity
ratio: 0.45
Return
on total capital [%]: -1.34
Balance
sheet ratios 01.04.2010 - 31.03.2011
Equity
ratio [%]: 36.92
Liquidity
ratio: 0.38
Return
on total capital [%]: -0.94
Equity ratio
The equity ratio indicates the portion of the equity as compared
to the total capital. The higher the equity ratio, the better the
economic stability (solvency) and thus the financial autonomy of
a company.
Liquidity ratio
The liquidity ratio shows the proportion between adjusted
receivables and net liabilities. The higher the ratio, the lower
the company's financial dependancy from external creditors.
Return on total
capital
The return on total capital shows the efficiency and return on
the total capital employed in the company. The higher the return
on total capital, the more economically does the company work
with the invested capital.
Type of balance
sheet: Company balance sheet
Financial
year: 01.04.2013 - 31.03.2014
ASSETS EUR 1,994,771,000.00
Fixed assets EUR 1,256,824,000.00
Intangible assets EUR 35,488,000.00
Concessions, licences, rights EUR 31,943,000.00
Advance payments for intang. assets EUR
3,545,000.00
Tangible assets EUR 296,798,000.00
Land / similar rights EUR 74,835,000.00
Plant / machinery EUR 107,785,000.00
Other tangible assets / fixtures and
fittings EUR 109,345,000.00
Advance payments made / construction
in progress EUR 4,833,000.00
Financial assets EUR 924,538,000.00
Shares in participations /
subsidiaries and the like EUR 837,178,000.00
Shares in related companies EUR 832,792,000.00
Shares in investee companies EUR 4,386,000.00
Loans to participations /
subsidiaries and the like EUR 84,767,000.00
Loans to related companies EUR 84,767,000.00
Securities included in fixed assets EUR 2,000.00
Other loans EUR 2,591,000.00
Current assets EUR 728,389,000.00
Stocks EUR 387,854,000.00
Accounts receivable EUR 245,819,000.00
Trade debtors EUR 27,871,000.00
Amounts due from related companies EUR
142,762,000.00
Amounts due from investee companies EUR
300,000.00
Other debtors and assets EUR 74,886,000.00
Investments in current assets EUR 10,169,000.00
Liquid means EUR 84,547,000.00
Remaining other assets EUR 9,558,000.00
Accruals (assets) EUR 9,558,000.00
LIABILITIES EUR 1,994,771,000.00
Shareholders' equity EUR 664,830,000.00
Capital EUR 599,795,000.00
Subscribed capital (share capital) EUR
600,161,000.00
Other capital EUR -366,000.00
Reserves EUR 65,035,000.00
Capital reserves EUR
43,692,000.00
Retained earnings / revenue reserves
EUR 21,343,000.00
Items between shareholders' equity and
debt capital EUR 712,000.00
Special items with reserve funds EUR 712,000.00
Provisions EUR 396,115,000.00
Pension provisions and comparable
provisions EUR 220,370,000.00
Other / unspecified provisions EUR 175,745,000.00
Liabilities EUR 927,658,000.00
Financial debts EUR 448,223,000.00
Liabilities due to banks EUR 33,723,000.00
Loans / obligations / debentures EUR
414,500,000.00
Other liabilities EUR 479,435,000.00
Trade creditors (for IAS incl. bills
of exchange) EUR 36,257,000.00
Liabilities from received advance
payments EUR 8,469,000.00
Liabililties due to related
companiesEUR 395,378,000.00
Unspecified other liabilities EUR 39,331,000.00
thereof liabilities from tax /
financial authorities EUR 7,656,000.00
thereof liabilities from social
security EUR 1,848,000.00
Other liabilities EUR 5,456,000.00
Deferrals (liabilities) EUR 5,456,000.00
Guarantees and other commitments EUR 197,333,000.00
Discounted bills of exchange EUR 31,742,000.00
Guarantees / warranties EUR 165,591,000.00
Guarantees EUR 165,591,000.00
PROFIT AND LOSS
ACCOUNT (cost-summary method) according to Comm.
Code (HGB)
Sales EUR 1,130,436,000.00
Inventory change + own costs (+/-) EUR 9,366,000.00
Inventory change (+/-) EUR -3,170,000.00
Capitalised own costs EUR 12,536,000.00
Other operating income EUR 157,778,000.00
Cost of materials EUR 521,671,000.00
Gross result (+/-) EUR 775,909,000.00
Staff expenses EUR 493,766,000.00
Total depreciation EUR 29,566,000.00
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR
29,566,000.00
Other operating expenses EUR 267,792,000.00
Operating result from continuing
operations EUR -15,215,000.00
Interest result (+/-) EUR -113,676,000.00
Interest and similar income EUR 10,278,000.00
Interest and similar expenses EUR 123,954,000.00
Other financial result EUR 22,144,000.00
Financial result (+/-) EUR -91,532,000.00
Result from ordinary operations (+/-) EUR
-106,747,000.00
Income tax / refund of income tax
(+/-)EUR -2,616,000.00
Tax (+/-) EUR -2,616,000.00
Annual surplus / annual deficit EUR
-109,363,000.00
Type of balance
sheet: Company balance sheet
Financial
year: 01.04.2012 - 31.03.2013
ASSETS EUR 2,038,285,000.00
Fixed assets EUR 1,335,145,000.00
Intangible assets EUR 34,440,000.00
Tangible assets EUR 297,546,000.00
Financial assets EUR 1,003,159,000.00
Other / unspecified financial assets EUR 1,003,159,000.00
Current assets EUR 694,136,000.00
Stocks EUR 409,954,000.00
Accounts receivable EUR 255,810,000.00
Liquid means EUR 28,372,000.00
Remaining other assets EUR 9,004,000.00
Accruals (assets) EUR 9,004,000.00
LIABILITIES EUR 2,038,285,000.00
Shareholders' equity EUR 772,363,000.00
Capital EUR 599,307,000.00
Subscribed capital (share capital) EUR
599,673,000.00
Other capital EUR -366,000.00
Reserves
EUR 173,056,000.00
Capital reserves EUR 42,350,000.00
Retained earnings / revenue reserves
EUR 130,706,000.00
Items between shareholders' equity and
debt capital EUR 1,283,000.00
Special items with reserve funds EUR 1,283,000.00
Provisions EUR 408,352,000.00
Pension provisions and comparable
provisions EUR 164,801,000.00
Other / unspecified provisions EUR 243,551,000.00
Liabilities EUR 853,446,000.00
Other liabilities EUR 2,841,000.00
Deferrals (liabilities) EUR 2,841,000.00
Guarantees and other commitments EUR 197,433,000.00
Guarantees / warranties EUR 197,433,000.00
Guarantees EUR 197,433,000.00
PROFIT AND LOSS
ACCOUNT (cost-summary method) according to Comm.
Code (HGB)
Sales EUR 1,289,256,000.00
Inventory change + own costs (+/-) EUR
-39,105,000.00
Inventory change (+/-) EUR -60,844,000.00
Capitalised own costs EUR 21,739,000.00
Other operating income EUR 233,251,000.00
Cost of materials EUR 592,677,000.00
Gross result (+/-) EUR 890,725,000.00
Staff expenses EUR 556,899,000.00
Total depreciation EUR 38,943,000.00
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 38,943,000.00
Other operating expenses EUR 348,144,000.00
Operating result from continuing
operations EUR -53,261,000.00
Interest result (+/-) EUR -40,272,000.00
Interest and similar income EUR 20,933,000.00
Interest and similar expenses EUR 61,205,000.00
Other financial result EUR 14,646,000.00
Financial result (+/-) EUR -25,626,000.00
Result from ordinary operations (+/-) EUR
-78,887,000.00
Income tax / refund of income tax
(+/-)EUR 2,372,000.00
Tax (+/-) EUR 2,372,000.00
Annual surplus / annual deficit EUR -76,515,000.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.59 |
|
|
1 |
Rs.92.46 |
|
Euro |
1 |
Rs.67.51 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
ANK |
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.