|
Report No. : |
317436 |
|
Report Date : |
13.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
SIBUR INTERNATIONAL GMBH |
|
|
|
|
Registered Office : |
Prinz Eugenstraße 8-10, A-1040 Wien |
|
|
|
|
Country : |
Austria |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
2002 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale and Retail Trade; Repair of Motor Vehicles. |
|
|
|
|
No of Employees : |
104 |
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
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: |
SIBUR INTERNATIONAL GMBH |
|
Status: |
active company |
|
Locations: |
Prinz Eugenstraße 8-10, A-1040 Wien |
|
Phone: |
0043 (1) 3708000 |
|
Fax: |
0043 (1) 3708000 - 20 |
|
E-mail: |
info@sibur-int.com |
|
Internet: |
http://www.sibur-int.com |
|
Activities: |
Önace 46712 90% Wholesale of liquid and gaseous fuels |
|
|
Önace 46120 10% Agents involved in the sale of fuels, ores, metals and
industrial chemicals |
|
|
|
|
General Assessment: |
Model: CompanyScore |
|
Probability of Default (Basel II): |
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. There are no negative
experiences at this time. |
|
|
Company's solvency is average. Earnings potential is positive.
Position is regarded to be positive. |
|
Year of incorporation: |
2002 |
|
||||
|
Activities: |
|
|
||||
|
Type of company: |
Wholesale and retail trade; repair of motor vehicles |
|
||||
|
Legal form: |
limited liability company since 2002-11-25 |
|
||||
|
companies' house number: |
FN 229446 x Wien 2002-12-03 |
|
||||
|
VAT number: |
ATU 56388233 |
|
||||
|
number - Austrian National Bank: |
5712378 |
|
||||
|
|
|
|||||
|
|
||||||
|
Import |
Country |
|
|
|
||
|
Import |
Russian Federation |
|
2014 |
|
||
|
|
||||
|
Export |
Country |
|
|
|
|
Export |
world-wide |
|
2014 |
|
|
total turnover (total sales) |
2013 |
EUR 2.672.489.247,87 |
(exact) |
|
total turnover (total sales) |
2012 |
EUR 2.975.033.009,79 |
(exact) |
|
total turnover (total sales) |
2011 |
EUR 3.293.651.189,91 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR 2.492.463.474,48 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 1.582.081.585,91 |
(exact) |
|
turnover (sales) - abbreviated financial year |
2013 |
EUR 4.846.000.000,00 |
(exact) |
|
turnover (sales) - abbreviated financial year |
2012 |
EUR 4.800.000.000,00 |
(exact) |
|
total employees |
2014 |
104 |
(approx.) |
|
white collar workers |
2014 |
104 |
(approx.) |
|
total investments |
2013 |
EUR 195.669.252,26 |
(exact) |
|
total company vehicles |
2014 |
1 |
(approx.) |
|
cars |
2014 |
1 |
(approx.) |
|
firm (style): |
|
18 SIBUR International GmbH |
|
legal form: |
|
1 Gesellschaft mit
beschränkter Haftung |
|
registered
office: |
|
1 politischer Gemeinde Wien |
|
business adress: |
|
26 Prinz Eugen-Straße 8-10 |
|
capital: |
|
10 EUR 1.000.000 |
|
reference date
annual accounts: |
|
1 31. Dezember |
|
annual accounts: |
|
28 zum 31.12.2013
eingereicht am 28.05.2014 |
|
consolidated
accounts: |
|
29 zum 31.12.2013
eingereicht am 25.08.2014 |
|
power of
representation: |
|
1 Die Gesellschaft wird, wenn mehrere
Geschäftsführer |
|
proxy: |
|
J Yulia Popova, geb.
15.09.1974 |
|
managing
director: |
|
K Mag. Ilja Tultschinsky, geb.
03.06.1973 |
|
shareholder: |
|
F Open Joint Stock Company |
|
general table: |
|
Handelsgericht Wien |
|
Real estate KSV
text: |
|
No real estate property registered |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered in the
companies' house) |
|
Mag. Ilja Tultschinsky |
1973-06-03 |
1190 Wien Nussdorferplatz 8 |
manager |
3 |
|
Andrey Frolov |
1975-01-04 |
1190 Wien Nussdorferplatz 8 |
individual signing clerk |
0 |
|
Yulia Popova |
1974-09-15 |
119421 Moskau South West 38 |
individual signing clerk |
0 |
|
Aytac Kuscua |
|
1040 Wien Prinz Eugenstraße 8-10(c/o) |
head of accounting |
0 |
|
|
2013-12-31 |
|
|
|
|
|
Franchises, patents, licences, trademarks and similar rights and
advantages |
238.177,02 |
|
|
|
|
|
Sum intangible assets |
238.177,02 |
|
|
|
|
|
|
|||||
|
Land and leasehold rights with buildings thereon including building on
land owned by third parties |
180.995,59 |
|
|
|
|
|
Other operating and business equipment |
328.990,68 |
|
|
|
|
|
Sum tangible assets |
509.986,27 |
|
|
|
|
|
|
|||||
|
Shares on related firms |
295.336,77 |
|
|
|
|
|
Loans to related firms |
195.288.199,90 |
|
|
|
|
|
Sum financial assets |
195.583.536,67 |
|
|
|
|
|
|
|||||
|
Sum fixed assets |
196.331.699,96 |
|
|
|
|
|
|
|||||
|
Finished products |
134.910.991,72 |
|
|
|
|
|
Sum stock |
134.910.991,72 |
|
|
|
|
|
|
|||||
|
Claims from delivered goods and performed services |
175.063.045,20 |
|
|
|
|
|
Claims against related firmes Claims against companies with
shareholding relationship |
3.109.428,85 |
|
|
|
|
|
Other claims and assets |
5.419.004,70 |
|
|
|
|
|
Sum claims |
183.591.478,75 |
|
|
|
|
|
|
|||||
|
Cash on hand, cheques and bank deposits |
208.970,59 |
|
|
|
|
|
Sum cash and bank |
208.970,59 |
|
|
|
|
|
|
|||||
|
Sum current assets |
318.711.441,06 |
|
|
|
|
|
|
|||||
|
Deferred charges |
390.146,10 |
|
|
|
|
|
Sum deferred charges |
390.146,10 |
|
|
|
|
|
Assets |
515.433.287,12 |
|
|
|
|
|
|
|||||
|
Subscribed/declared capital |
1.000.000,00 |
|
|
|
|
|
Legal reserves |
100.000,00 |
|
|
|
|
|
Balance sheet profit/balance sheet loss |
134.605.118,46 |
|
|
|
|
|
Thereof profit/loss carried forward |
109.591.219,61 |
|
|
|
|
|
Sum equity capital |
135.705.118,46 |
|
|
|
|
|
|
|||||
|
Tax reserves |
328.440,57 |
|
|
|
|
|
Other reserves |
4.234.031,38 |
|
|
|
|
|
Sum reserves |
4.562.471,95 |
|
|
|
|
|
|
|||||
|
Liabilities against credit institutes |
14.821.500,04 |
|
|
|
|
|
Received advanced payments for orders |
21.920.917,47 |
|
|
|
|
|
Liabilities from delivered goods and performed services |
79.834.044,36 |
|
|
|
|
|
Liabilities against related firms |
258.359.900,14 |
|
|
|
|
|
Other liabilities |
229.334,70 |
|
|
|
|
|
Sum liabilities |
375.165.696,71 |
|
|
|
|
|
|
|||||
|
Liabilities |
515.433.287,12 |
|
|
|
|
|
|
|||||
|
Balance sheet sum |
515.433.287,12 |
|
|
|
|
|
|
2013-12-31 |
|
|
|
|
|
Gross sales |
2.672.489.247,87 |
|
|
|
|
|
Total turnover or gross profit |
2.672.489.247,87 |
|
|
|
|
|
|
|||||
|
Profits from retirement of fixed assets, except financial assets |
66,67 |
|
|
|
|
|
Income from dissolution of reserves |
80.511,47 |
|
|
|
|
|
Other operating profits |
957.359.640,20 |
|
|
|
|
|
Other operating profits totally |
957.440.218,34 |
|
|
|
|
|
|
|||||
|
Costs for obtained services |
-81.853.307,86 |
|
|
|
|
|
Material costs |
-2.535.568.769,19 |
|
|
|
|
|
Costs for obtained services totally |
-2.617.422.077,05 |
|
|
|
|
|
|
|||||
|
Salaries |
-9.668.758,65 |
|
|
|
|
|
Costs for severance pays |
-45.623,16 |
|
|
|
|
|
Legal fringe benefits and other payments depending on salaries |
-1.354.013,82 |
|
|
|
|
|
Other social fringe benefits |
-176.556,22 |
|
|
|
|
|
Personnel expenses totally |
-11.244.951,85 |
|
|
|
|
|
|
|||||
|
Depreciation of intangible assets, tangible assets,activated expenses for
the set up and expansion of business operation |
-312.568,69 |
|
|
|
|
|
Depreciation tangible assets / intangible assets totally |
-312.568,69 |
|
|
|
|
|
|
|||||
|
Other operating costs |
-970.219.261,59 |
|
|
|
|
|
Other taxes |
-24.139,81 |
|
|
|
|
|
Total costs |
-970.243.401,40 |
|
|
|
|
|
|
|||||
|
Operating result totally |
30.706.467,22 |
|
|
|
|
|
|
|||||
|
Interest income, securties income and similar income |
8.634,46 |
|
|
|
|
|
Income from the retirement of other financial assets |
2.911.887,23 |
|
|
|
|
|
Interest and similar disbursements |
-309.777,68 |
|
|
|
|
|
Financial profits totally |
2.610.744,01 |
|
|
|
|
|
|
|||||
|
Results from usual business activity
totally |
33.317.211,23 |
|
|
|
|
|
|
|||||
|
Taxes on income and profits |
-8.303.312,38 |
|
|
|
|
|
Taxes on income and profits totally |
-8.303.312,38 |
|
|
|
|
|
Annual surplus/annual deficit totally |
25.013.898,85 |
|
|
|
|
|
|
|||||
|
Annual profit/annual loss totally |
25.013.898,85 |
|
|
|
|
|
|
|||||
|
Profit and loss carried forward from previous year |
109.591.219,61 |
|
|
|
|
|
Transfer of profits totally |
109.591.219,61 |
|
|
|
|
|
B/S profit/ B/S loss from profit and loss
account |
134.605.118,46 |
|
|
|
|
|
|
2013 |
|
|
|
|
|
|
Cash flow II |
25.326.467,54 |
|
|
|
|
|
|
Debt amortisation period |
14,11 |
|
|
|
|
|
|
Bank indebtedness |
2,87 |
|
|
|
|
|
|
Equity capital share |
27,49 |
|
|
|
|
|
|
Social capital share |
0,00 |
|
|
|
|
|
|
Fixed assets coverage |
69,12 |
|
|
|
|
|
|
Net profit ratio |
1,24 |
|
|
|
|
|
|
Capital turnover |
5,18 |
|
|
|
|
|
|
Return on investment |
6,52 |
|
|
|
|
|
|
Cash flow in % of operating performance |
0,94 |
|
|
|
|
|
|
Cash flow I |
33.629.779,92 |
|
|
|
|
|
|
Gross productivity |
237,66 |
|
|
|
|
|
|
Net productivity |
4,89 |
|
|
|
|
|
|
Operating performance |
2.672.489.247,87 |
|
|
|
|
|
|
Inventories in % of operating performance |
5,04 |
|
|
|
|
|
|
Gross profit |
55.067.170,82 |
|
|
|
|
|
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Prinz Eugenstraße 8-10, A-1040 Wien, seit 10.03.2014 |
registered headquarters, rented premises |
|
|
|
info@sibur-int.com |
|
operational |
Prinz Eugen-Straße 8-10, A-1040 Wien |
registered office |
|
|
|
|
|
operational |
Krzhizhanovskogo 18/4, 117997 Moskau, RUS |
representation |
|
|
|
|
|
former |
Lehmanngasse 7, A-1230 Wien |
registered office |
|
|
|
|
|
former |
Prinz Eugenstraße 8-10/4, A-1040 Wien |
registered headquarters |
|
|
|
|
|
former |
Nußdorfer Platz 8, A-1190 Wien |
registered office |
|
|
|
|
|
former |
Nußdorferplatz 8, A-1190 Wien |
registered headquarters |
|
|
|
|
|
former |
Lehmanngasse 7, A-1230 Wien |
registered headquarters |
|
|
|
|
|
Company name |
Postal code |
Stake in % |
KSV-number |
|
|
Shares in this company are held by: |
||||
|
Open Joint Stock Company "SIBUR Holding" |
Galernayastreet 5 A, 190000 St. Petersburg, RUS |
100 % 2009-07-15 |
1.679.307 |
|
|
|
|
|
|
Banker |
Bank sort code |
Type of banking connection |
|
ING Bank N.V. Zweignl.Wien, 1011 Wien |
19360 |
main bank connection |
|
Citibank International plc - Austria Branch, 1015 Wien |
18140 |
secondary banking connection |
|
The Royal Bank of Scotland N.V., 1011 Wien |
19985 |
secondary banking connection |
|
Year of incorporation: |
2002 |
|
Date of registration: |
2002-12-03 |
|
Change of company name: |
||
|
From |
To |
Company name |
|
|
2011-09-24 |
Citco Waren- Handelsgesellschaft m.b.H. |
|
2011-09-24 |
|
SIBUR International GmbH |
|
Change in share capital: |
||
|
From |
To |
Capital |
|
|
2008-09-24 |
EUR 35.000,00 |
|
2008-09-24 |
|
EUR 1.000.000,00 |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
2003-08-27 |
2009-07-15 |
manager |
Erich Hoop |
|
2002-12-03 |
2009-07-15 |
manager |
Mag. Christian Wilhelm |
|
2009-07-15 |
2011-09-24 |
manager |
Viktor Viehweg |
|
2011-08-24 |
2013-12-07 |
individual signing clerk |
Ilya Gushchin |
|
2009-10-03 |
2011-09-24 |
individual signing clerk |
Mikhail Mikhaylov |
|
2010-12-22 |
2011-08-24 |
individual signing clerk |
Marina Leonidovna Stetsenko |
|
|
2013-04-18 |
manager |
Mikhail Mikhaylov |
|
Former shareholders: |
|||
|
From |
To |
Function |
Name |
|
2002-12-03 |
2002-12-11 |
partner |
AUDITOR TREUHAND GMBH |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.37 |
|
|
1 |
Rs.91.60 |
|
Euro |
1 |
Rs.66.49 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NIT |
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.