|
Report No. : |
336397 |
|
Report Date : |
18.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
CELANESE
GMBH |
|
|
|
|
Registered Office : |
Am Unisys Park 1 D 65843 Sulzbach |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
06.11.1996 |
|
|
|
|
Com. Reg. No.: |
HRB 6967 |
|
|
|
|
Legal Form : |
Private limited company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employee : |
457 |
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
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 5.2% 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. The German economy suffers
from low levels of investment, and a government plan to invest 15 billion euros
2016-18, largely in infrastructure, is intended to spur needed private
investment. 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 accounted
for 27.8% of gross electricity consumption in 2014, 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. Extremely low inflation, caused largely by low global energy prices
and a weak euro, are expected to boost German GDP growth in 2015.
|
Source
: CIA |
CELANESE
GMBH
Company Status: active
Am Unisys Park 1
D 65843 Sulzbach
Telephone:069/4500917770
Telefax:
069/4500950000
Homepage: www.celanese.de
E-mail:
kommunikation@celanese.com
VAT no.: DE812765562
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 06.11.1996
Shareholders'
agreement: 14.05.2007
Registered on: 24.07.2007
Commercial Register: Local court 61462 Königstein
under: HRB
6967
Share capital: EUR 140,069,350.00
We have at present no current list of
shareholders / limited partners respectively at our disposal.
Shareholder:
BCP Holdings GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 128,756,120.15
Registered on: 25.08.2004
Reg. data: 61462
Königstein, HRB 6321
Control and profit
transfer agreement
Shareholder:
Celanese GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private
limited company
Share capital: EUR
140,069,350.00
Share: EUR 2,365,622.19
Registered on: 24.07.2007
Reg. data: 61462
Königstein, HRB 6967
Manager:
Andreas Oberkirch
D 64625 Bensheim
authorized to jointly
represent the company
born: 26.06.1965
Manager:
Dr. Michael Willms
D 61137 Schöneck
authorized to jointly
represent the company
born: 10.09.1971
President of
the Supervisory Board:
Walter Keller
D 63834 Sulzbach
Vice-president of the Supervisory Board:
Johannes Lehn
D 63834 Sulzbach
Profession: Industrial
metalworker
Member of
the Supervisory Board:
Holger Schmitz
CH Brione s. Minusio
born: 20.10.1961
Nationality: Swiss
Member of
the Supervisory Board:
Hicham Maátoug
NL VL Leiden
born: 01.10.1976
Nationality: Dutch
Member of
the Supervisory Board:
Todd Lewis Elliott
USA
Flower Mound, Texas
Nationality: USA
Marital status: unknown
Member of
the Supervisory Board:
Marcel van Amerongen
USA Southlake, Texas
Nationality: USA
Marital status: unknown
Proxy:
Altfried Schrader
D 61118 Bad Vilbel
born: 08.03.1958
Marital status: unknown
Proxy:
Dietmar Roos
Buchenweg 3
D 65520 Bad Camberg
born: 12.07.1960
Marital status: unknown
Proxy:
Dr. Joachim Kaffanke
Wilhelm-Beumer-Weg 7
D 55411 Bingen
authorized to jointly
represent the company
born: 06.08.1960
Profession: Solicitor
Marital status: unknown
Proxy:
Wolfdietrich Geidel
D 61462 Königstein
authorized to jointly
represent the company
born: 01.06.1957
Marital status: unknown
Proxy:
Arno Schmidt
D 65779 Kelkheim
authorized to jointly
represent the company
born: 28.05.1946
Proxy:
Dr. Joachim Krüger
D 46569 Hünxe
authorized to jointly
represent the company
born: 20.03.1956
Proxy:
Stephanie Müller-Broich
D 60306 Frankfurt
authorized to jointly
represent the company
born: 10.07.1969
Proxy:
Rüdiger Dingeldey
D 64283 Darmstadt
authorized to jointly
represent the company
born: 26.06.1960
Proxy:
Juan-Pedro Diaz
E Tarragona
authorized to jointly
represent the company
born: 07.07.1961
Nationality: Spanish
Proxy:
Christine Bröder
D 63065 Offenbach
authorized to jointly
represent the company
born: 12.12.1963
Proxy:
Boris Wentzell
D 63477 Maintal
authorized to jointly
represent the company
born: 26.08.1967
Proxy:
Chuck Kyrish
USA Flower Mound, TX
authorized to jointly
represent the company
born: 06.01.1972
Nationality: USA
Proxy:
Peter Kalb
D 65812 Bad Soden
authorized to jointly
represent the company
born: 04.01.1969
Proxy:
Nina Orth
D 55116 Mainz
authorized to jointly
represent the company
born: 18.04.1972
Proxy:
Dirk Noll
D 65719 Hofheim
authorized to jointly
represent the company
born: 15.05.1966
Further
functions/participations of Andreas Oberkirch (Manager)
Manager:
MAJORIVA GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 09.04.2003
Reg. data: 61462 Königstein, HRB 5991
Manager:
Celanese Sales Germany
GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private
limited company
Share capital: EUR 7,473,326.00
Registered
on: 09.06.2004
Reg. data: 60313 Frankfurt, HRB 43545
Manager:
TYDEUS Erste
Vermögensverwaltungs GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on:
03.12.2003
Reg. data: 61462 Königstein, HRB 6132
Manager:
RIOMAVA GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 09.04.2003
Reg. data: 61462 Königstein, HRB 5992
Manager:
TYDEUS Zweite
Vermögensverwaltungs GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 03.12.2003
Reg. data: 61462 Königstein, HRB 6142
Manager:
BCP Holdings GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 25.08.2004
Reg. data: 61462 Königstein, HRB 6321
Manager:
Celanese Deutschland
Holding GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 12.06.2009
Reg. data: 64283 Darmstadt, HRB 87912
President of
the Supervisory Board:
Ticona GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private
limited company
Share capital: EUR 5,964,000.00
Registered
on: 01.07.1997
Reg. data: 64283 Darmstadt, HRB 83534
Further
functions/participations of Dr. Michael Willms (Manager)
Manager:
MAJORIVA GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 09.04.2003
Reg. data: 61462 Königstein, HRB 5991
Manager:
TYDEUS Erste
Vermögensverwaltungs GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 03.12.2003
Reg. data: 61462 Königstein, HRB 6132
Manager:
RIOMAVA GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 09.04.2003
Reg. data: 61462 Königstein, HRB 5992
Manager:
Celanese Deutschland
Holding GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 12.06.2009
Reg. data: 64283 Darmstadt, HRB 87912
Manager:
BCP Holdings GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 25.08.2004
Reg. data: 61462 Königstein, HRB 6321
Manager:
TYDEUS Zweite
Vermögensverwaltungs GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private limited
company
Share capital: EUR 25,000.00
Registered
on: 03.12.2003
Reg. data: 61462 Königstein, HRB 6142
Proxy:
Celanese IP Germany GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 07.07.2015
Reg. data: 60313 Frankfurt, HRB 102582
Proxy:
Celanese Sales Germany
GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private limited company
Share capital: EUR 7,473,326.00
Registered
on: 09.06.2004
Reg. data: 60313 Frankfurt, HRB 43545
Proxy:
Ticona GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private
limited company
Share capital: EUR 5,964,000.00
Registered
on: 01.07.1997
Reg. data: 64283 Darmstadt, HRB 83534
Proxy:
Celstran GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 26.11.2003
Reg. data: 61462 Königstein, HRB 6127
Proxy:
KEP Europe GmbH
Rheingaustr. 190-196
D 65203 Wiesbaden
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 06.08.2003
Reg. data: 65189 Wiesbaden, HRB 20668
Proxy:
CCC Environmental
Management and Solutions
Verwaltungs-GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 09.04.2003
Reg. data: 61462 Königstein, HRB 5994
22.11.1996 - 20.10.1999 Diogenes Erste Vermögensverwaltungs
Aktiengesellschaft
Brüningstr. 50
D 65929 Frankfurt
Public limited
company
21.10.1999 - 18.07.2000 Celanese AG
Industriepark Höchst
821
D 65926 Frankfurt
Public limited company
28.07.2000 - 24.07.2007 Celanese AG
Frankfurter Str. 111
D 61476 Kronberg
Public limited
company
25.07.2007 - 13.05.2011 Celanese GmbH
Frankfurter Str. 111
D 61476 Kronberg
Private limited
company
15.07.2013 - 28.05.2015 Member of the Supervisory Board
Ulrich Hahn
D 65527
Niedernhausen
14.10.2013 - 17.02.2015 Manager
Dr. Martin Fischer
D 60311 Frankfurt
15.05.2009 - 17.02.2015 Manager
Rita Bürger
D 60311 Frankfurt
21.09.2009 - 08.10.2013 Manager
Diana Peninger
USA Texas
Main
industrial sector
6420
Activities of holding companies
7010
Activities of head offices
Branch:
Celanese GmbH
Professor-Staudinger-Str.
D 65451 Kelsterbach
Limited
partner:
InfraServ GmbH & Co.
Gendorf KG
Industrieparkstr. 1 Werk
Gendorf
D 84508 Burgkirchen
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 2,556,459.41
contribution:
Share: EUR 997,019.17
Reg. data: 20.03.1997
Local court
83278 Traunstein
HRA 6463
Limited
partner:
Infraserv GmbH & Co.
Höchst KG
Industriepark Höchst
D 65926 Frankfurt
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 4,090,335.05
contribution:
Share: EUR 613,550.26
Reg. data: 16.12.1996
Local court
60313 Frankfurt
HRA 28182
Limited
partner:
InfraServ GmbH & Co.
Knapsack KG
Industriestr. 300
Chemiepark
Knapsack
D 50354 Hürth
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 1,687,263.21
contribution:
Share: EUR 562,421.07
Reg. data: 25.02.1997
Local court
50939 Köln
HRA 18732
Limited
partner:
InfraServ GmbH & Co.
Wiesbaden KG
Rheingaustr.
190-196
D 65203 Wiesbaden
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 2,556,459.40
contribution:
Share: EUR 201,960.29
Reg. data: 28.01.1997
Local court
65189 Wiesbaden
HRA 4264
Limited
partner:
CCC Environmental
Management and solutions
GmbH & Co KG
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 1,000.00
contribution:
Share: EUR 1,000.00
Reg. data: 01.09.2011
Local court
60313 Frankfurt
HRA 46538
Shareholder:
Celanese Sales
Germany GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private
limited company
Company Status: active
Share capital: EUR 7,473,326.00
Share: EUR 5,113,000.00
Reg. data: 09.06.2004
Local court
60313 Frankfurt
HRB 43545
Shareholder:
Ticona GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private
limited company
Company Status: active
Share capital: EUR 5,964,000.00
Share: EUR 5,112,000.00
Reg. data: 01.07.1997
Local court
64283 Darmstadt
HRB 83534
Shareholder:
Celanese GmbH
Am Unisys Park 1
D 65843 Sulzbach
Legal form: Private
limited company
Company Status: active
Share capital: EUR
140,069,350.00
Share: EUR 2,365,622.19
Reg. data: 24.07.2007
Local court
61462 Königstein
HRB 6967
Shareholder:
Infraserv Verwaltungs
GmbH
Brüningstr. 50
Industriepark
Höchst , Gebäude C 770
D 65929 Frankfurt
Legal form: Private limited
company
Company Status: active
Share capital: EUR 26,075.89
Share: EUR 26,075.89
Reg. data: 13.03.1996
Local court 60313 Frankfurt
HRB 41160
Payment experience: in top condition
Negative information:We have no negative
information at hand.
Balance sheet year: 2013
Type of ownership: Tenant
Address Am
Unisys Park 1
D 65843 Sulzbach
Land register documents were not available.
Principal
bank
BUNDESBANK, 60047 FRANKFURT AM MAIN
Sort.
code: 50000000, Account no.: 50008175
BIC: MARKDEF1500, IBAN: DE19500000000050008175
Further
banks
COMMERZBANK, 60005 FRANKFURT AM MAIN
Sort. code: 50040000
BIC: COBADEFFXXX
DEUTSCHE BANK, 15203 FRANKFURT (ODER)
Sort. code: 12070000
BIC: DEUTDEBB160
DEUTSCHE BANK FILIALE, 60254 FRANKFURT AM MAIN
Sort. code: 50070010
BIC: DEUTDEFFXXX
COMMERZBANK VORMALS DRESDNER BANK, 60613
FRANKFURT AM MAIN
Sort. code: 50080000
BIC: DRESDEFFXXX
LANDESBANK HESSEN-THÜR GIROZENTRALE, 60297
FRANKFURT AM MAIN
Sort. code: 50050000
BIC: HELADEFFXXX
POSTBANK, 60288 FRANKFURT AM MAIN
Sort. code: 50010060
BIC: PBNKDEFFXXX
Gross profit or loss:2013 EUR 396,135,129.00
Profit:
2013 EUR -35,040,652.00
Equipment: EUR 2,473,986.00
Ac/ts receivable: EUR 1,308,918,958.00
Liabilities: EUR 1,776,913,219.00
Employees: 457
Control and profit transfer agreement
to:
BCP Holdings GmbH
Am Unisys Park 1
D 65843 Sulzbach
Balance sheet ratios 01.01.2013 - 31.12.2013
Equity ratio [%]: 58.90
Liquidity ratio: 0.26
Return on total capital [%]: -1.08
Balance sheet grade: 2.5
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 65.87
Liquidity ratio: 0.90
Return on total capital [%]: 4.11
Balance sheet grade: 2.0
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 52.76
Return on total capital [%]: 2.77
Balance sheet grade: 2.5
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: 01.01.2013 - 31.12.2013
ASSETS EUR 4,280,446,087.07
Fixed assets
EUR 2,821,349,713.36
Intangible assets
EUR 332,911.00
Concessions, licences, rights EUR 332,911.00
Tangible assets
EUR 3,715,834.62
Land / similar rights
EUR 165,373.00
Plant / machinery
EUR 684,726.00
Other
tangible assets / fixtures and
fittings
EUR 2,473,985.83
Advance payments made / construction
in progress
EUR 391,749.79
Financial assets
EUR 2,817,300,967.74
Shares in participations /
subsidiaries and the like
EUR 1,551,338,425.75
Shares in related companies
EUR 1,487,394,452.07
Shares in investee companies
EUR 63,943,973.68
Loans to participations /
subsidiaries and the like
EUR 1,265,962,541.99
Loans to related companies
EUR 1,265,962,541.99
Current assets
EUR 1,458,847,445.71
Stocks EUR 179,009.46
Raw materials, consumables and
supplies
EUR 179,009.46
Accounts receivable
EUR 1,308,918,957.51
Amounts due from related companies
EUR 1,302,069,578.68
Amounts due from investee companies
EUR 4,952.78
Other debtors and assets
EUR 6,844,426.05
Liquid means
EUR 149,749,478.74
Remaining other assets EUR 248,928.00
Active difference from asset
offsetting
EUR 248,928.00
LIABILITIES EUR 4,280,446,087.07
Shareholders' equity
EUR 2,398,158,872.08
Capital
EUR 137,703,727.80
Subscribed capital (share capital)
EUR 140,069,350.00
Other capital
EUR -2,365,622.20
Reserves
EUR 2,260,455,144.28
Capital reserves
EUR 2,049,550,202.85
Retained earnings / revenue reserves EUR 210,904,941.43
Provisions
EUR 105,373,996.12
Pension provisions and comparable
provisions
EUR 14,081,725.00
Provisions for taxes
EUR 85,916,766.14
Other / unspecified provisions
EUR 5,375,504.98
Liabilities
EUR 1,776,913,218.87
thereof total due to shareholders
EUR 543,515,760.53
Other liabilities
EUR 1,776,913,218.87
Trade creditors (for IAS incl. bills
of exchange)
EUR 7,833,502.06
Liabililties due to related companiesEUR 1,752,733,625.28
Liabilities due to investee companiesEUR 12,710,067.96
Unspecified other liabilities
EUR 3,636,023.57
thereof liabilities from tax /
financial authorities
EUR 769,206.28
thereof liabilities from social
security
EUR 133,219.02
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Gross result (+/-) EUR 396,135,128.68
Staff expenses
EUR 33,482,746.93
Wages and salaries
EUR 30,408,997.06
Social security contributions and
expenses for pension plans and
benefits EUR 3,073,749.87
Total depreciation
EUR 1,550,310.83
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 1,550,310.83
Other operating expenses
EUR 361,725,440.47
Operating result from continuing
operations
EUR -623,369.55
Result from participating interests
(+/-) EUR 125,117,722.79
Expenses / income from participations EUR 146,780,148.61
Expenses for participations
EUR 21,662,425.82
Expenses for other participations
EUR 21,662,425.82
Interest result (+/-)
EUR 19,907,101.17
Interest and similar income
EUR 51,705,656.81
thereof from related companies
EUR 51,603,115.43
Interest and similar expenses
EUR 31,798,555.64
thereof paid to related companies EUR
30,603,731.76
Other financial result
EUR -178,492,214.10
Income from securities and loans from
financial assets
EUR 67,470,416.09
thereof related companies
EUR 67,470,416.09
Depreciation on financial assets and
marketable securities
EUR 245,962,630.19
Financial result (+/-)
EUR -33,467,390.14
Result from ordinary operations (+/-)
EUR -34,090,759.69
Income from assumption of loss by
parent company
EUR 35,040,651.88
Income tax / refund of income tax (+/-)EUR -982,037.26
Other taxes / refund of taxes
EUR 32,145.07
Tax (+/-)
EUR -949,892.19
Annual surplus / annual deficit
EUR 0.00
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2012 - 31.12.2012
ASSETS EUR 4,332,338,642.81
Fixed assets
EUR 3,067,320,025.67
Intangible assets
EUR 368,394.00
Concessions, licences, rights
EUR 368,394.00
Tangible assets
EUR 3,688,033.74
Other tangible assets / fixtures and
fittings
EUR 2,979,748.02
Advance payments made / construction
in progress EUR 708,285.72
Financial assets
EUR 3,063,263,597.93
Shares in participations /
subsidiaries and the like
EUR 1,797,301,055.94
Shares in related companies
EUR 1,733,357,082.26
Shares in investee companies
EUR 63,943,973.68
Loans to participations /
subsidiaries and the like
EUR 1,265,962,541.99
Loans to related companies
EUR 1,265,962,541.99
Current assets
EUR 1,264,792,948.14
Accounts receivable
EUR 1,128,573,943.52
Amounts due from related companies
EUR 1,121,171,431.50
Other debtors and assets
EUR 7,402,512.02
Liquid means
EUR 136,219,004.62
Remaining other assets
EUR 225,669.00
Active difference from asset
offsetting
EUR 225,669.00
LIABILITIES EUR 4,332,338,642.81
Shareholders' equity
EUR 2,398,158,872.08
Capital
EUR 137,703,727.80
Subscribed capital (share capital)
EUR 140,069,350.00
Other capital
EUR -2,365,622.20
Reserves
EUR 2,260,455,144.28
Capital reserves
EUR 2,049,550,202.85
Retained earnings / revenue reserves EUR 210,904,941.43
Provisions
EUR 100,215,978.61
Pension provisions and comparable
provisions
EUR 11,873,807.00
Provisions for taxes
EUR 84,921,154.02
Other
/ unspecified provisions EUR 3,421,017.59
Liabilities
EUR 1,833,963,792.12
Other liabilities
EUR 1,833,963,792.12
Trade creditors (for IAS incl. bills
of exchange) EUR 1,871,649.31
Liabililties due to related companiesEUR 1,812,434,975.97
Liabilities due to investee companiesEUR 14,761,612.77
Unspecified other liabilities
EUR 4,895,554.07
thereof liabilities from tax /
financial authorities
EUR 291,682.65
thereof liabilities from social
security
EUR 74,924.13
PROFIT AND LOSS ACCOUNT (cost-summary method) according
to Comm.
Code (HGB)
Other operating income
EUR 262,507,630.17
Gross result (+/-)
EUR 262,507,630.17
Staff expenses
EUR 16,361,489.87
Wages and salaries EUR 11,029,189.83
Social security contributions and
expenses for pension plans and
benefits
EUR 5,332,300.04
Total depreciation
EUR 1,373,002.70
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 1,373,002.70
Other operating expenses
EUR 250,096,903.28
Operating result from continuing
operations EUR -5,323,765.68
Result from participating interests
(+/-)
EUR 144,027,575.00
Expenses / income from participations EUR 161,107,841.26
Income from transfer of profits
EUR 133,421,944.43
Income from related companies
EUR 27,685,896.83
Expenses for participations
EUR 17,080,266.26
Expenses for other participations
EUR 17,080,266.26
Interest result (+/-)
EUR 15,786,474.94
Interest and similar income
EUR 55,680,684.81
thereof from related companies
EUR 123,168,456.70
Interest and similar expenses
EUR 39,894,209.87
thereof
paid to related companies EUR 17,080,266.26
Other financial result
EUR 26,655,266.56
Income from securities and loans from
financial assets
EUR 67,655,266.56
thereof related companies
EUR 67,655,266.56
Depreciation on financial assets and
marketable securities
EUR 41,000,000.00
Financial result (+/-)
EUR 186,469,316.50
Result from ordinary operations (+/-)
EUR 181,145,550.82
Expenses for transfer of profits to a
parent company
EUR 177,202,948.13
Income tax / refund of income tax (+/-)EUR -3,872,948.48
Other taxes / refund of taxes
EUR -69,654.21
Tax (+/-)
EUR -3,942,602.69
Annual surplus / annual deficit
EUR 0.00
Inconsistent balance sheets:
Financial year published on
01.01.2010 - 31.12.2010 26.10.2011
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.22 |
|
|
1 |
Rs.102.23 |
|
Euro |
1 |
Rs.72.39 |
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
Report Prepared
by : |
SDA |
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.