|
Report No. : |
317518 |
|
Report Date : |
21.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
BRUKER BIOSPIN
GMBH |
|
|
|
|
Registered Office : |
Silberstreifen 4, D 76287 Rheinstetten |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Year of Establishment : |
1978 |
|
|
|
|
Legal Form : |
Private limited company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employee : |
450 |
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) |
|
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, 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 2014. The new German government introduced a minimum wage of about $11.60 (8.50 euros) 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%. The budget was essentially in balance in 2014. 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 plans to replace nuclear power with renewable energy, which accounts for 34% of total energy consumption, up from 9% in 2000. 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 |
BRUKER BIOSPIN
GMBH
Company Status: active
Silberstreifen
4
D 76287 Rheinstetten
Telephone:0721/5161-0
Telefax: 0721/517101
Homepage: www.bruker.de
E-mail: nmr@bruker-biospin.de
Business
relations are permissible.
LEGAL FORM Private limited company
Date of foundation: 1978
Shareholders'
agreement: 11.05.1978
Registered on: 30.05.1978
Commercial Register: Local court 68159
Mannheim
under:
HRB 102368
EUR 4,100,000.00
Bruker-Physik GmbH
Rudolf-Plank-Str. 23
D 76275 Ettlingen
Legal form: Private limited company
Share capital: EUR 8,500,000.00
Share: EUR 4,100,000.00
Registered on: 23.07.2007
Reg. data: 68159
Mannheim, HRB 702671
Profit transfer
agreement
Dr. Gerhard Roth
Am Rain 2c
D 76287 Rheinstetten
authorized to jointly
represent the company
Profession: Fully
qualified physicist
Marital status: married
Manager:
Thomas Werner Bachmann
Wieslerstr. 36
CH Zollikon
born: 03.01.1959
Profession:
Mechanical engineer
Nationality:
Swiss
Manager:
Stephan Franz Westermann
D 51702 Bergneustadt
born: 24.11.1967
Manager:
Iris Mangelschots
CH Wilen bei Wollerau
born: 10.01.1966
Nationality: Swiss
Dr. Arne Kasten
Bertha-von-Suttner-Str.
5
D 76139 Karlsruhe
authorized to jointly represent the company
born: 03.08.1946
Profession: Businessman
Marital status: married
Proxy:
Dr. Thomas Rolf Bocher
D 76131 Karlsruhe
authorized to jointly
represent the company
born: 22.11.1964
Profession: Businessman
Proxy:
Hans-Joachim Kleeberg
D 76337 Waldbronn
authorized to jointly
represent the company
born: 16.11.1952
Proxy:
Dr. Alexander Both
D 76327 Pfinztal
authorized to jointly represent the
company
born: 14.06.1966
Proxy:
Eberhard Eckert
D 76829 Landau
authorized to jointly
represent the company
born: 08.09.1960
Proxy:
Patrick Minhorst
D 75249 Kieselbronn
authorized to jointly
represent the company
born:
02.04.1974
Proxy:
Dr. Peter Höfer
D 76275 Ettlingen
authorized to jointly represent the company
born:
15.01.1954
Proxy:
Dr. Rüdiger Weisemann
D 76275 Ettlingen
authorized to jointly represent the company
born: 31.03.1965
Further functions/participations of Thomas
Werner Bachmann
(Manager)
Manager:
Bruker BioSpin MRI GmbH
Rudolf-Plank-Str. 23
D 76275 Ettlingen
Legal form: Private
limited company
Share capital: EUR 2,500,000.00
Registered
on: 20.03.1975
Reg. data: 68159 Mannheim, HRB 362538
Member of the Supervisory Board:
Eppendorf AG
Barkhausenweg 1
D 22339 Hamburg
Legal form: Public limited
company
Share capital: EUR
51,132,000.00
Registered
on: 13.07.2000
Reg. data: 20355 Hamburg, HRB 76249
30.05.1978
- 26.08.1996 Bruker analytische
Meßtechnik GmbH
Silberstreifen 4
D 76287 Rheinstetten
Private limited
company
27.08.1996 - 05.12.2001 BRUKER ANALYTIK GMBH
Silberstreifen 4
D 76287 Rheinstetten
Private limited
company
20.11.2007 - 23.09.2014 Manager
Bernd
Gewiese
D 75334 Straubenhardt
25.02.2011 - 27.01.2014 Manager
Dr. Wulf-Ingo Jung
D 76532 Baden-Baden
20.05.2010 - 27.01.2014 Manager
Jörg Christian
Laukien
D 76530
Baden-Baden
Main industrial sector
26512
Manufacture of instruments and appliances for measuring,
testing and navigation
27900
Manufacture of other electric equipment n.e.c.
Secondary industrial sector
8559 Other education n. e. c.
Trademark: BRUKER
Branch:
Bruker BioSpin GmbH
Wikingerstr. 13
D 76189 Karlsruhe
TEL.: 0721/95280
Shareholder:
Bruker
BioSpin MRI GmbH
Rudolf-Plank-Str. 23
D 76275 Ettlingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 2,500,000.00
Share: EUR 2,500,000.00
Reg. data: 20.03.1975
Local court
68159 Mannheim
HRB 362538
Shareholder:
Advanced SuperConductors
Verwaltungs- GmbH
Silberstreifen 4
D 76287 Rheinstetten
Legal form: Private limited
company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 01.04.2003
Local court 68159 Mannheim
HRB 110230
Payment experience: could not be obtained due to structural
changes
Negative information:We have no negative
information at hand.
Balance sheet year: 2013
Type of ownership: Tenant
Address Silberstreifen
4
D 76287 Rheinstetten
Real Estate of: Bruker-Physik
GmbH
Type of ownership: Tenant
Address Rudolf-Plank-Str.
23
D 76275 Ettlingen
Land register documents were not available.
Principal bank
COMMERZBANK VORMALS DRESDNER BANK, 76009
KARLSRUHE, BADEN
Sort. code: 66080052
BIC: DRESDEFF660
Further banks
TARGOBANK,
40213 DÜSSELDORF
Sort. code: 30020900
BIC: CMCIDEDDXXX
COMMERZBANK,
76007 KARLSRUHE, BADEN
Sort. code: 66040018
BIC: COBADEFFXXX
DEUTSCHE BANK, 76125 KARLSRUHE, BADEN
Sort. code: 66070004
BIC: DEUTDESM660
SEB, 76133 KARLSRUHE, BADEN
Sort.
code: 66010111
BIC: ESSEDE5F660
SPARKASSE KARLSRUHE ETTLINGEN, 76041
KARLSRUHE, BADEN
Sort. code: 66050101
BIC: KARSDE66XXX
Turnover:
2013 EUR 189,210,512.00
2014 EUR 160,500,500.00
Profit: 2013 EUR 4,824,097.00
further business figures:
Equipment: EUR 2,588,697.00
Ac/ts receivable: EUR 76,946,356.00
Liabilities: EUR 71,286,862.00
Employees:
450
Profit transfer agreement to:
Bruker-Physik
GmbH
Rudolf-Plank-Str. 23
D 76275 Ettlingen
Balance sheet ratios 01.01.2013 - 31.12.2013
Equity ratio [%]: 44.63
Liquidity ratio: 1.45
Return on total capital [%]: 3.14
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 49.64
Liquidity ratio: 1.42
Return on total capital [%]: 2.66
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 59.13
Liquidity ratio: 2.23
Return on total capital [%]: 16.70
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 39.51
Liquidity ratio: 1.10
Return on total capital [%]: 18.94
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.
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.
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: 01.01.2013 - 31.12.2013
ASSETS EUR 153,669,664.23
Fixed assets EUR 13,383,195.14
Intangible assets EUR 885,049.63
Concessions, licences, rights EUR 885,049.63
Tangible assets EUR 6,498,144.51
Land / similar rights EUR 1,039,282.55
Plant / machinery EUR 1,912,998.66
Other tangible assets / fixtures and
fittings EUR 2,588,697.20
Advance payments made / construction
in progress EUR 957,166.10
Financial assets EUR 6,000,001.00
Shares in participations /
subsidiaries and the like EUR 1.00
Shares in related companies EUR 1.00
Loans to participations /
subsidiaries and the like EUR 6,000,000.00
Loans to related companies EUR 6,000,000.00
Current assets EUR 140,179,737.43
Stocks EUR 58,788,701.20
Raw materials, consumables and
supplies
EUR 27,659,855.31
Finished goods / work in progress EUR
30,773,238.20
Advance payments made EUR 355,607.69
Accounts receivable EUR 76,946,355.77
Trade debtors EUR 8,360,073.43
Amounts due from related companies EUR
66,966,250.91
Other debtors and assets EUR 1,620,031.43
Liquid means EUR 4,444,680.46
Remaining other assets EUR 106,731.66
Accruals (assets) EUR 106,731.66
LIABILITIES EUR 153,669,664.23
Shareholders' equity EUR 54,636,797.56
Capital EUR 4,100,000.00
Subscribed capital (share capital) EUR
4,100,000.00
Reserves EUR 50,536,797.56
Capital reserves EUR 9,348,193.85
Retained earnings / revenue reserves
EUR 41,188,603.71
Provisions EUR 25,826,570.51
Other / unspecified provisions EUR 25,826,570.51
Liabilities EUR 71,286,861.77
Financial debts EUR 39,227.08
Liabilities due to banks EUR 39,227.08
Other liabilities EUR 71,247,634.69
Trade creditors (for IAS incl. bills
of exchange) EUR 3,664,444.51
Liabilities from received advance
payments EUR 34,883,249.39
Liabililties due to related
companiesEUR 31,650,050.08
Unspecified other liabilities EUR 1,049,890.71
Other liabilities EUR 1,919,434.39
Deferrals (liabilities) EUR 1,919,434.39
PROFIT AND LOSS ACCOUNT (cost of sales method)
according to Comm.
Code (HGB)
Sales EUR 189,210,512.27
Manufacturing costs EUR 141,514,783.54
Gross result on sales EUR 47,695,728.73
Distribution costs EUR 15,316,756.74
General administration expenses EUR 5,397,667.65
Research and development costs EUR 19,413,556.13
Other operating income EUR 4,250,334.49
Other operating expenses EUR 5,489,132.48
Operating result from continuing
operations EUR 6,328,950.22
Interest result (+/-) EUR -1,725,030.48
Interest and similar income EUR 474,663.84
thereof from related companies EUR 401,036.48
Interest and similar expenses EUR 2,199,694.32
thereof paid to related companies EUR 367,184.80
Other financial result EUR 230,805.55
Income from securities and loans from
financial assets EUR 230,805.55
thereof related companies EUR 230,805.55
Financial result (+/-) EUR -1,494,224.93
Result from ordinary operations (+/-) EUR
4,834,725.29
Expenses for transfer of profits to a
parent company EUR 4,824,096.93
Income tax / refund of income tax
(+/-)EUR -10,628.36
Tax (+/-) EUR -10,628.36
Annual surplus / annual deficit EUR 0.00
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2012 - 31.12.2012
ASSETS EUR 151,664,640.58
Fixed assets EUR 13,818,218.02
Intangible assets EUR 1,491,759.99
Concessions, licences, rights EUR 1,491,759.99
Tangible assets EUR 5,326,457.03
Land / similar rights EUR 655,324.27
Plant / machinery EUR 1,525,368.77
Other tangible assets / fixtures and
fittings EUR 2,277,838.59
Advance payments made / construction
in progress EUR 867,925.40
Financial assets EUR 7,000,001.00
Shares in participations /
subsidiaries and the like EUR 1.00
Shares in related companies EUR 1.00
Loans to participations /
subsidiaries and the like EUR 7,000,000.00
Loans to related companies EUR 7,000,000.00
Current assets EUR 137,700,615.27
Stocks EUR 64,999,190.58
Raw materials, consumables and
supplies EUR 33,482,296.16
Finished goods / work in progress EUR
31,089,298.50
Advance payments made EUR 427,595.92
Accounts receivable EUR 68,297,367.09
Trade debtors EUR 6,765,807.40
Amounts due from related companies EUR
59,475,930.11
Other debtors and assets EUR 2,055,629.58
Liquid means EUR 4,404,057.60
Remaining other assets EUR 145,807.29
Accruals (assets) EUR 145,807.29
LIABILITIES EUR 151,664,640.58
Shareholders' equity EUR 54,636,797.56
Capital EUR 4,100,000.00
Subscribed capital (share capital) EUR
4,100,000.00
Reserves EUR 50,536,797.56
Capital reserves EUR 9,348,193.85
Retained earnings / revenue reserves
EUR 41,188,603.71
Provisions EUR 24,146,178.80
Provisions for taxes EUR 537,669.64
Other / unspecified provisions EUR 23,608,509.16
Liabilities EUR 71,306,120.77
Other liabilities EUR 71,306,120.77
Trade creditors (for IAS incl. bills
of exchange) EUR 2,670,632.64
Liabilities from received advance
payments EUR 25,554,675.91
Liabililties due to related
companiesEUR 40,647,639.44
Unspecified other liabilities EUR 2,433,172.78
Other liabilities EUR 1,575,543.45
Deferrals (liabilities) EUR 1,575,543.45
PROFIT AND LOSS ACCOUNT (cost of sales method)
according to Comm.
Code (HGB)
Sales EUR 158,848,476.79
Manufacturing costs EUR 112,664,397.47
Gross result on sales EUR 46,184,079.32
Distribution costs EUR 13,842,764.71
General administration expenses EUR 3,359,947.09
Research and development costs EUR 23,405,612.52
Other operating income EUR 5,151,903.71
Other operating expenses EUR 5,073,984.11
Operating result from continuing
operations EUR 5,653,674.60
Interest result (+/-) EUR -1,075,306.71
Interest and similar income EUR 669,665.00
thereof from related companies EUR 178,303.67
Interest and similar expenses EUR 1,744,971.71
thereof paid to related companies EUR
1,073,035.67
Other financial result EUR -239,307.34
Income from securities and loans from
financial assets EUR 270,691.66
thereof related companies EUR 270,691.66
Depreciation on financial assets and
marketable securities EUR 509,999.00
Financial result (+/-) EUR -1,314,614.05
Result from ordinary operations (+/-) EUR
4,339,060.55
Expenses for transfer of profits to a
parent company EUR 3,801,390.91
Income tax / refund of income tax
(+/-)EUR -537,669.64
Tax (+/-) EUR -537,669.64
Annual surplus / annual deficit
EUR 0.00
Special hint: According to the press
dated 16.04.2015 – the company
plans to reduce the staff (140
employees).
The future development should be
observed.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.56 |
|
|
1 |
Rs.93.56 |
|
Euro |
1 |
Rs.67.49 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
ASH |
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.