MIRA INFORM REPORT

Report No. :	336669
Report Date :	18.08.2015

IDENTIFICATION DETAILS

Name :	OOO "AGAMA IMPEKS"

Registered Office :	D 210, 143581 Moskovskaya obl, Istrinskiy r-n, d Leshkovo

Country :	Russia

Financials (as on) :	31.12.2013

Date of Incorporation :	22.03.2005

Legal Form :	Limited liability companies (OOO)

Line of Business :	Wholesale of sugar and chocolate and sugar confectionery Non-specialized wholesale of food.

No. of Employee :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate

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)

Russia

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

RUSSIA ECONOMIC OVERVIEW

Russia has undergone significant changes since the collapse of the Soviet Union, moving from a globally-isolated, centrally-planned economy towards a more market-based and globally-integrated economy, but stalling as a partially reformed, statist economy with a high concentration of wealth in officials' hands. Economic reforms in the 1990s privatized most industry, with notable exceptions in the energy and defense-related sectors. The protection of property rights is still weak and the private sector remains subject to heavy state interference. Russia is one of the world's leading producers of oil and natural gas, and is also a top exporter of metals such as steel and primary aluminum. Russia's manufacturing sector is generally uncompetitive on world markets and is geared toward domestic consumption. Russia's reliance on commodity exports makes it vulnerable to boom and bust cycles that follow the volatile swings in global prices. The economy, which had averaged 7% growth during 1998-2008 as oil prices rose rapidly, was one of the hardest hit by the 2008-09 global economic crisis as oil prices plummeted and the foreign credits that Russian banks and firms relied on dried up. In 2014, economic growth declined further when Russia forcibly violated Ukraine’s sovereignty and territorial integrity, and interfered in Ukraine’s internal affairs. In the second half of 2014, the Russian ruble lost about half of its value, contributing to increased capital outflows that reached $151.5 billion for the year; the ruble remains volatile. Declining oil prices, lack of economic reforms, and the imposition of foreign sanctions have contributed to the downturn and created wide expectations the economy will continue to slump. In April 2015, the Russian Ministry of Economic Development predicted that the Russia’s economy will contract by 3% in 2015, and average only 2.5% growth through 2030.

Source : CIA

Company name and address

OOO "AGAMA IMPEKS"

d 210,
143581 Moskovskaya obl, Istrinskiy r-n, d Leshkovo

Tel: 74955807080
Telefax: 74955809640
E-Mail: info@agama.info
Web: www.agama.info

Company summary

Company development

Constant company development.

Business course	Satisfactory order situation.
Terms of payment	Slow but correct

Business connection

Business connection is not denied. Credit is not assigned, it requires securities.

Legal form	Limited liability companies (OOO)
Established on	22/03/2005 - Limited liability companies (OOO)

Registered on	22/03/2005, Mezhrayonnaya inspektsiya Federalnoy nalogovoy sluzhby № 46 po g. Moskve, RegNr.: 1057746483948 Tax number: 7723534695 Statistical number: 76458517
Registered capital		RUB	15 030 060,-

Owner	OOO "Alma Tekhnolodzhi" (Statistical number: 58048879) ul Argunovskaya d 2, korp 1, 129075 g Moskva	%	100
Sole Executive Body	YURIY OLEGOVICH ALASHEEV Managing director

General data	Main activity: Non-specialized wholesale of food
	Full name: Obshchestvo s ogranichennoy otvetstvennostyu "AGAMA IMPEKS"

	Name in foreign language: "AGAMA IMPEX"
	Short name: OOO "AGAMA IMPEKS"


	Residence address: d 210, 143581 Moskovskaya obl, Istrinskiy r-n, d Leshkovo Tel: 74955807080 Telefax: 74955809640 E-Mail: info@agama.info Web: www.agama.info

Other activities
	:

	Wholesale of sugar and chocolate and sugar confectionery
	Wholesale of other food

	Wholesale of other food
	Wholesale of other food

	Storage and warehousing
	Other financial intermediation n.e.c.

	Miscellaneous business activities n.e.c.
	Other business activities not elsewhere classified

Annual turnover	31/12/2006	Enterprise turnover	RUB	33 249 000,-
	31/12/2007	Enterprise turnover	RUB	2 500 000,-

	31/12/2008	Enterprise turnover	RUB	4 123 000,-
	31/12/2009	Enterprise turnover	RUB	102 612 000,-

	31/12/2012	Enterprise turnover	RUB	0,-
	31/12/2013	Enterprise turnover	RUB	73 921 000,-

Remarks

The main activity of OOO “AGAMA IMPEKS” is wholesale trade of frozen food of the brands “AGAMA”, VIVA LA CREMA”, “BO FROST”, etc.
According to the research, the managing director of OOO “AGAMA IMPEKS” is also the managing director and shareholder of 30 companies, 8 of which were liquidated.
OOO “AGAMA IMPEKS” has not participated in court cases.
According to the information, disclosed by the Federal Tax Service, OOO “AGAMA IMPEKS” does not have tax arrears, the company is not going to be excluded from the state register as non-active.
According to the information, disclosed by the Pension Fund of Russian Federation, OOO “AGAMA IMPEKS” does not have delays in social payments.
According to the information, disclosed by the Federal Labor Service, OOO “AGAMA IMPEKS” does not plan to attract foreign employees.
According to the research, OOO “AGAMA IMPEKS” does not meet the most frequently encountered in practice characteristics of unreliable companies (so-called “shell” companies), developed by the Federal Tax Service of Russian Federation.
OOO “AGAMA IMPEKS” is not in the list of default debtors, the Register of unfair suppliers, the blacklist of Russian companies.
The management of the company is not in the list of default debtors, the register of disqualified persons, the blacklist of Russian Private Persons.

A. The enclosed balance of 2012 is originated from official source, no data available about authentication. (31.12.2012 - 1000 RUB) - Warning! The figures stated in the balance sheet may contain error(s).
B. The enclosed balance of 2013 is originated from official source, no data available about authentication. (31.12.2013 - 1000 RUB) - Warning! The figures stated in the balance sheet may contain error(s).

Financial statement

BALANCE	A 31.12.2012	B 31.12.2013	C
1. ASSETS
I. FIXED ASSETS
Intangible assets	0	0
The results of research and development	0	0
Intangible research assets	0	0
Tangible research assets	0	0
Fixed assets	0	0
Profitable investments in tangible assets	0	0
Financial investments	0	0
Deferred tax assets	0	1 129
Other non-current assets	0	0
TOTAL IN SECTION I.	0	1 129
II. CURRENT ASSETS
Inventories	0	0
VAT on acquired assets	1 811	1 418
Accounts receivable	294 876	322 593
Financial investments (excluding the monetary equivalent)	196 327	224 656
Cash and monetary equivalents	17 809	11 651
Other current assets	4 600	2 519
TOTAL IN SECTION II.	515 423	562 836
BALANCE	515 423	563 965
2. LIABILITIES
III. CAPITAL AND RESERVES
Authorized capital (share capital, charter capital, deposits capital, partners capital)	15 030	15 030
Treasury stock	0	0
Revaluation of fixed assets	0	0
Additional capital (without revaluation)	0	0
Reserve capital	0	0
Retained earnings (uncovered loss)	17 630	12 888
TOTAL IN SECTION III.	32 660	27 918
IV. LONG-TERM LIABILITIES
Borrowed funds	0	0
Deferred tax liabilities	0	0
Provisions	0	0
Other liabilities	0	0
TOTAL IN SECTION IV.	0	0
V. SHORT-TERM LIABILITIES
Borrowed funds	0	0
Payables	482 763	536 047
Deferred income	0	0
Provisions	0	0
Sonstige Verbindlichkeiten	0	0
TOTAL IN SECTION V.	482 763	536 047
BALANCE	515 423	563 965
A. The enclosed profit and loss account of 2012 is originated from official source, no data available about authentication. (31.12.2012 - 1000 RUB) B. The enclosed profit and loss account of 2013 is originated from official source, no data available about authentication. (31.12.2013 - 1000 RUB)

PROFIT AND LOSS ACCOUNT	A 31.12.2012	B 31.12.2013	C
Turnover	0	73 921
Cost of sales	0	67 843
Gross profit (loss)	0	6 078
Selling expenses	0	8 356
Administrative expenses	0	0
Sales profit (loss)	0	-2 278
Earnings from other entities	0	0
Interest receivable	0	1 064
Interest payable	0	0
Other operating income	0	10 892
Other operating expenses	0	13 292
Profit (loss) before tax	0	-3 614
Current profit tax	0	0
Permanent tax liabilities (assets)	0	0
Change in deferred tax liabilities	0	1 128
Change in deferred tax assets	0	0
Different	0	0
Net profit (loss)	0	-4 742
Results of fixed assets revaluation, non-includedin net profit/loss for period	0	0
Result of other transactions, non included in net profit/loss for period	0	0
Total financial result for period	0	-4 742

Ratios		2012	2013
	Current ratio	1,07	1,05

	Quick ratio	1,07	1,05
	Average Collection Period	n/a	1524

	Payables turnover Period	n/a	2741
	Debt ratio	0,94	0,95

	Equity to total assets ratio	0,06	0,05
	Funding ratio	0,07	0,05

	Return on sales	n/a	-6,42
	Return on Assets	n/a	-0,88

Return on Equity

n/a

-15,66

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.65.22
UK Pound	1	Rs.102.23
Euro	1	Rs.72.39

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%)

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.

MIRA INFORM REPORT

Company name and address

Company summary

Financial statement

Unit