|
Report No. : |
337326 |
|
Report Date : |
20.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
ARTHUR LUNDGREN TECIDOS
S/A - CASAS PERNAMBUCANAS |
|
|
|
|
Registered Office : |
Rua Da Consolação, 2387 /2411 - Cerqueira César 01301-909 - São Paulo/SP |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
10.04.1912 |
|
|
|
|
Legal Form : |
Privately Held Corporation |
|
|
|
|
Line of Business : |
Retail Chain Store. |
|
|
|
|
No. of Employees : |
15870 Employees |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
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) |
|
Brazil |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
BRAZIL - ECONOMIC OVERVIEW
Characterized by large and well-developed agricultural,
mining, manufacturing, and service sectors, and a rapidly expanding middle
class, Brazil's economy outweighs that of all other South American countries,
and Brazil is expanding its presence in world markets. Since 2003, Brazil has
steadily improved its macroeconomic stability, building up foreign reserves,
and reducing its debt profile by shifting its debt burden toward real
denominated and domestically held instruments. Since 2008, Brazil became a net
external creditor and all three of the major ratings agencies awarded
investment grade status to its debt. After strong growth in 2007 and 2008, the
onset of the global financial crisis hit Brazil in 2008. Brazil experienced two
quarters of recession, as global demand for Brazil's commodity-based exports
dwindled and external credit dried up. However, Brazil was one of the first
emerging markets to begin a recovery. In 2010, consumer and investor confidence
revived and GDP growth reached 7.5%, the highest growth rate in the past 25
years. After reaching historic lows of 4.5% in early 2014, the unemployment
rate remains low, but is rising. Brazil's traditionally high level of income
inequality has declined for each of the last 15 years. GDP growth has slowed
since 2011, due to several factors, including: overdependence on exports of raw
commodities, low productivity, high operational costs, persistently high
inflation, and low levels of investment. Brazil’s fiscal and current account balances
have eroded during the past four years as the government attempted to boost
economic growth through targeted tax cuts for industry and incentives to spur
household consumption. After winning re-election in October 2014 by a
historically narrow margin, President Dilma ROUSSEFF appointed a new economic
team led by Finance Minister Joaquim LEVY, who introduced a fiscal austerity
package intended to restore the primary account surplus to 1.2% of GDP and
preserve the country’s investment-grade sovereign credit rating. Brazil seeks
to strengthen its workforce and its economy over the long run by imposing local
content and technology transfer requirements on foreign businesses, by
investing in education through social programs such as Bolsa Familia and the Brazil
Science Mobility Program, and by investing in research in the areas of space,
nanotechnology, healthcare, and energy.
|
Source
: CIA |
ARTHUR LUNDGREN TECIDOS
S/A - CASAS PERNAMBUCANAS
|
MAIN ADDRESS: |
RUA DA CONSOLAÇÃO, 2387 /2411 - CERQUEIRA CÉSAR |
|
ZIP CODE/CITY: |
01301-909 - SÃO PAULO/SP |
|
|
|
|
PHONE: |
11 3150-8500 |
|
FAX: |
11 3150-8866 |
|
E-MAIL: |
james.nunes@pernambucanas.com.br |
|
WEB SITE: |
www.pernambucanas.com.br |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
AVENIDA TAMBORE, 1000 B - TAMBORE |
|
ZIP CODE/CITY: |
06460-000 BARUERI/SP |
|
|
|
|
ADDRESS: |
EST DOS ALPES, 890 SETOR I - JARDIM BELVAL |
|
ZIP CODE/CITY: |
06.423-08 BARUERI/SP |
|
CNPJ: |
61.099.834/0217-83 |
|
|
|
|
ADDRESS: |
RUA MORAES GORDO, 315 - CENTRO |
|
ZIP CODE/CITY: |
18650-000 SÃO MANUEL/SP |
|
|
|
|
ADDRESS: |
RODOVIA DEPUTADO LAERCIO CORTE, 4500 SP 147, EUCA GRAMINHA |
|
ZIP CODE/CITY: |
13482-902 LIMEIRA/SP |
|
|
|
|
ADDRESS: |
AVENIDA ANDROMEDA, 793 - JARDIM SATÉLITE |
|
ZIP CODE/CITY: |
12230-000 SÃO JOSE DPS CAMPOS/SP |
|
|
|
|
ADDRESS: |
RUA JACARANDÁ,148 N, 148/156 - NAÇÕES |
|
ZIP CODE/CITY: |
83823-014 FAZENDA RIO GRANDE/PR |
|
THE COMPANY ALSO HAS 304 BRANCHES LOCATED THROUGHOUT THE FOLLOWING
STATES AND 2 DISTRIBUTION CENTERS: SÃO PAULO, PARANÁ, MINAS GERAIS, SANTA
CATARINA, MATO GROSSO, MATO GROSSO DO SUL AND GOIÁS. |
|
MAIN ACTIVITIES: |
|
RETAIL CHAIN STORE. |
|
LEGAL FORM: |
PRIVATELY
HELD CORPORATION |
|
|
|
|
INCORPORATION DATE: |
10/04/1912 |
|
REGISTER DATE: |
10/04/1912 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
61.099.834/0001-90 |
|
STATE REGISTER: |
100.705.469.119 |
|
|
|
|
SHARE CAPITAL: |
R$
410.000.000,00 |
|
LAST REGISTER OF CAPITAL: |
10/07/2014 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
MARTIN MITTELDORF |
PRESIDENT DIRECTOR |
|
ANITA LOUISE REGINA HARLEY |
VICE-PRESIDENT DIRECTOR |
|
MARCELO DOLL MARTINELLI |
SUPERVISING DIRECTOR |
|
MARIO AUGUSTO MANTOVANI |
EXECUTIVE DIRECTOR |
|
JOSÉ LUIZ DA CUNHA |
EXECUTIVE DIRECTOR |
|
ALBERTO KOHN DE PENHAS |
EXECUTIVE DIRECTOR |
|
DINA SATIE MATSUMOTO |
EXECUTIVE DIRECTOR |
|
THE DIRECTORS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
NOVA PIRAJUÍ ADMINISTRAÇÃO S/A |
49,981% |
|
ALPHALUND COMPANHIA DE PARTICIPAÇÕES E INVESTIMENTOS |
16,667% |
|
TABÚ PARTICIPAÇÕES E INVESTIMENTOS S/A |
16,667% |
|
RUMISA S/A |
16,666% |
|
ZODIAC EMPREENDIMENTOS E PARTICIPAÇÃO LTDA |
0,019% |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
PERNAMBUCANAS FINANCIADORA S/A. CRED. FIN INV |
100,00% |
|
HOTEL JATIÚCA S/A |
99,47% |
|
JATIÚCA ADMINISTRADORA E SERVIÇOS LTDA |
|
|
MURICY SOCIEDADE COMERCIAL LTDA |
|
|
LUNDSERV ADM DE CARTÕES DE CRÉDITO E SERVIÇOS GERAIS S/C LTDA |
|
|
TROPICANA DE HOTÉIS E TURISMO S/A |
|
|
THE SUBJECT FIRM WAS ESTABLISHED ON APRIL 10, 1912 UNDER THE NAME
STYLE A.H. LUNDGREN & CO., AS RECORDED IN THE SAO PAULO BUSINESS BUREAU
UNDER NO. 9.767. ON APRIL 30, 1921, THE FIRM CHANGED ITS NAME TO ARTHUR LUNDGREN &
CIA LTDA., AND FINALLY, ON MAY 10, 1949 THE FIRM ACQUIRED ITS PRESENT NAME,
REGISTERED UNDER NO. 41.929. THE FIRM ENGAGES IN THE OPERATION OF A CHAIN OF 238 RETAIL STORES
LOCATED IN THE MAJOR COMMERCIAL AREAS THROUGHOUT BRAZIL. TRADE NAME: CASAS PERNAMBUCANAS. DIRECTORS: MARTIN MITTELDORF, BRAZILIAN, HOLDER OF DOCUMENTS CPF: 089.849.378-19,
RG/RNE: 96179168, RESIDENTIAL ADDRESS AT RUA DA CONSOLACAO, 2411, 6 ANDAR, CONSOLACAO, SAO PAULO - SP, ZIP CODE 01301-100 MARCELO DOLL MARTINELLI, BRAZILIAN, HOLDER OF DOCUMENTS CPF: 073.246.218-56,
RG/RNE: 139659365, RESIDENTIAL ADDRESS AT RUA DA CONSOLACAO, 2411, 8 A,
CONSOLACAO, SAO PAULO - SP, ZIP CODE 01301-909 ANITA LOUISE REGINA HARLEY, BRAZILIAN, HOLDER OF DOCUMENTS CPF:
055.196.674-20, RG/RNE: 728144, RESIDENTIAL ADDRESS AT RUA DA CONSOLACAO,
2411, 6 ANDAR, CONSOLACAO, SAO PAULO - SP, ZIP CODE 01301-100, ALBERTO KOHN DE PENHAS, BRAZILIAN, HOLDER OF DOCUMENTS CPF:
023.462.357-84, RG/RNE: 081265662, RESIDENTIAL ADDRESS AT RUA DA CONSOLACAO,
2411, 6 ANDAR, CONSOLACAO, SAO PAULO - SP, ZIP CODE 01301-100 DINA SATIE MATSUMOTO, BRAZILIAN, HOLDER OF DOCUMENTS CPF:
038.502.118-60, RG/RNE: 138983483, RESIDENTIAL ADDRESS AT RUA DA CONSOLACAO,
2411, 6 ANDAR, CONSOLACAO, SAO PAULO - SP, ZIP CODE 01301-100 JOSE LUIZ DA SILVA CUNHA, BRAZILIAN, HOLDER OF DOCUMENTS CPF:
491.675.887-00, RG/RNE: 263950451, RESIDENTIAL ADDRESS AT RUA DA CONSOLACAO,
2411, 6 ANDAR, CONSOLACAO, SAO PAULO - SP, ZIP CODE 01301-100 MARIO AUGUSTO MANTOVANI, BRAZILIAN, HOLDER OF DOCUMENTS CPF:
035.539.648-39, RG/RNE: 138888516, RESIDENTIAL ADDRESS AT RUA DA CONSOLACAO,
2411, 6 ANDAR, CONSOLACAO, SAO PAULO - SP, ZIP CODE 01301-100 FURTHER DETAILS ARE SO FAR NOT KNOWN. |
|
PUBLIC
INFORMATION: |
|
LAWSUITS: |
|
|
|
|
DATE: |
COURT OF LAW: |
|
5 |
MUNICIPAL LAWSUITS |
19/12/14 |
2ª VARA DE SP-PIEDADE |
|
2 |
FEDERAL LAWSUITS |
20/05/13 |
2ª VARA DE MG-ARAGUARI |
|
28 |
STATE LAWSUITS |
29/10/14 |
1ª VARA DE MG-BELO HORZIONTE |
|
1 |
EXECUTIVE LAWSUIT |
06/08/14 |
4ª VARA DE SP-SÃO JOSÉ DO RIO PRETO |
|
GENERAL BALANCE SHEETS AS OF 31/12/2014, 31/12/2013 AND 31/12/2012. |
|
( FIGURES ARE IN THOUSANDS OF REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
CASH AND BANKS |
311.802 |
579.733 |
508.091 |
|
CLIENTS |
574.796 |
669.100 |
712.549 |
|
INVENTORY |
542.740 |
599.723 |
510.400 |
|
INTERCOMPANY CREDITS |
376.037 |
154.862 |
70.876 |
|
RECOVERABLE TAXES |
95.693 |
95.916 |
103.734 |
|
DERIVATIVES OPERATIONS |
17.368 |
110.479 |
15.655 |
|
OTHER CREDITS |
102.711 |
76.083 |
57.588 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT ASSETS |
2.021.147 |
2.285.896 |
1.978.893 |
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
INTERCOMPANY CREDITS |
1.413 |
1.342 |
1.292 |
|
RECOVERABLE TAXES |
7.892 |
9.772 |
9.141 |
|
DERIVATIVES OPERATIONS |
39.120 |
16.177 |
57.995 |
|
DEFERRED TAXES |
127.511 |
100.935 |
70.892 |
|
JUDICIAL DEPOSITS |
43.590 |
36.360 |
21.939 |
|
OTHER CREDITS |
2.121 |
90 |
90 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG-TERM RECEIVABLES |
221.647 |
164.676 |
161.349 |
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
INVESTMENTS |
574.781 |
536.632 |
402.363 |
|
FIXED ASSETS |
625.690 |
529.932 |
462.488 |
|
INTANGIBLE |
130.457 |
104.031 |
82.106 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL FIXED ASSETS |
1.330.928 |
1.170.595 |
946.957 |
|
|
================ |
================ |
================ |
|
TOTAL ASSETS |
3.573.722 |
3.621.167 |
3.087.199 |
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
SUPPLIERS |
882.566 |
856.731 |
837.797 |
|
LOANS AND FINANCING |
565.968 |
858.844 |
406.951 |
|
LABOR OBLIGATIONS |
86.687 |
129.090 |
136.846 |
|
TRIBUTARY OBLIGATIONS |
78.485 |
86.206 |
74.057 |
|
DEBT WITH RELATED PARTIES |
41.561 |
42.321 |
37.941 |
|
DIVIDENDS |
40.425 |
38.379 |
40.541 |
|
INCOME TAX/SOCIAL CONTRIBUTION |
|
|
4.056 |
|
OTHER DEBTS |
130.300 |
93.920 |
96.551 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT LIABILITIES |
1.825.992 |
2.105.491 |
1.634.740 |
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
SUPPLIERS |
879 |
|
|
|
RELATED COMPANIES |
2.830 |
2.690 |
2.589 |
|
TRIBUTARY OBLIGATIONS |
|
|
3.384 |
|
PROV./LOSSES IN INVESTMENTS |
10.188 |
106 |
116 |
|
LOANS AND FINANCING |
715.041 |
602.008 |
613.649 |
|
PROVISION FOR CONTINGENCIES |
36.927 |
35.032 |
41.652 |
|
OTHER |
36.694 |
36.831 |
50.817 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG TERM LIABILITIES |
802.559 |
676.667 |
712.207 |
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
410.000 |
360.000 |
306.000 |
|
PROFIT RESERVES |
535.171 |
479.009 |
434.252 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL NET EQUITY |
945.171 |
839.009 |
740.252 |
|
|
================ |
================ |
================ |
|
TOTAL LIABILITIES |
3.573.722 |
3.621.167 |
3.087.199 |
|
PROFIT AND LOSS ACCOUNTS AS OF 31/12/2014, 31/12/2013 AND 31/12/2012. |
|
( FIGURES ARE IN THOUSANDS OF REAIS ). |
|
|
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
GROSS SALES |
|
|
4.587.087 |
|
(-) TAXES ON SALES |
|
|
1.249.835 |
|
|
---------------- |
---------------- |
---------------- |
|
NET SALES |
3.743.078 |
3.546.922 |
3.337.252 |
|
(-) COST OF SOLD GOODS |
2.330.341 |
2.154.084 |
2.056.790 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS PROFIT |
1.412.737 |
1.392.838 |
1.280.462 |
|
OPERATING REVENUE (EXPENSE) |
-1.160.803 |
-1.126.243 |
-1.114.993 |
|
FINANCIAL REVENUE(EXPENSE) |
-108.301 |
-74.937 |
15.099 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL PROFIT (LOSS) |
143.633 |
191.658 |
180.568 |
|
CONTRIBUTION/INCOME TAX |
26.575 |
-30.063 |
-9.870 |
|
|
---------------- |
---------------- |
---------------- |
|
NET PROFIT (LOSS) |
170.208 |
161.595 |
170.698 |
|
RATIOS: |
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
QUICK RATIO |
,81 |
|
,80 |
|
,90 |
|
|
CURRENT RATIO |
1,11 |
|
1,09 |
|
1,21 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
6,51 |
TIMES |
5,30 |
TIMES |
4,68 |
TIMES |
|
DAYS' SALES IN RECEIVABLES |
55,28 |
DAYS |
67,91 |
DAYS |
76,86 |
DAYS |
|
INVENTORY TURNOVER |
4,29 |
TIMES |
3,59 |
TIMES |
4,03 |
TIMES |
|
ACCOUNTS PAYABLE PERIOD |
136,34 |
DAYS |
143,18 |
DAYS |
146,64 |
DAYS |
|
RETURN ON ASSETS |
1,05 |
TIMES |
,98 |
TIMES |
1,08 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
3,96 |
TIMES |
4,23 |
TIMES |
4,51 |
TIMES |
|
NET WORTH TIE-UP |
,66 |
|
,63 |
|
,62 |
|
|
INDEBTEDNESS |
2,78 |
|
3,32 |
|
3,17 |
|
|
EQUITY RATIO |
26,45 |
% |
23,17 |
% |
23,98 |
% |
|
WORKING CAPITAL RATIO |
10,69 |
% |
8,57 |
% |
21,05 |
% |
|
GENERAL SOLVENCY |
1,36 |
|
1,30 |
|
1,32 |
|
|
RETURN ON NET EQUITY |
18,01 |
% |
19,26 |
% |
23,06 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
4,55 |
% |
4,56 |
% |
5,11 |
% |
|
GROSS PROFIT MARGIN |
37,74 |
% |
39,27 |
% |
38,37 |
% |
|
OPERATIONAL RESULT |
3,84 |
% |
5,40 |
% |
5,41 |
% |
|
SALES TURNOVER ON LIABILITIES |
2,05 |
TIMES |
1,68 |
TIMES |
2,04 |
TIMES |
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 3,48 |
- OFFICIAL RATE ON 18/08/2015 |
|
US$ 1,00 = R$ 2,65 |
- OFFICIAL RATE ON 31/12/2014 |
|
US$ 1,00 = R$ 2,34 |
- OFFICIAL RATE ON 31/12/2013 |
|
US$ 1,00 = R$ 2,04 |
- OFFICIAL RATE ON 31/12/2012 |
|
COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE FIGURES AVAILABLE SHOW A SATISFACTORY FINANCIAL STANDING. THE
LEVEL OF INDEBTEDNESS IS HIGH AND MAINLY IS COMPRISED BY TRADE AND FINANCIAL
DEBTS BUT IT IS NOTED ACCEPTABLE CURRENT RATIO AND POSITIVE WORKING CAPITAL,
CONSIDERED ENOUGH TO COVER THE SHORT TERM LIABILITIES. IN ADDITION IT IS
NOTED GROWING SALES AND PROFITABILITY. THE COMPANY HAS VERY HIGH FINANCIAL POWER AND KEEPS ON OPERATING
NORMALLY AND NO SIGNS OF FINANCIAL OR OPERATIONAL PROBLEMS ARE NOTED. |
|
REAL ESTATE: |
OWNED PREMISES ARE VALUED AT R$
160.221.000,00
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$ 2.079.000,00
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS ARE VALUED AT R$ 40.268.000,00
|
ITS THE COMPANY POLICY TO CONTRACT INSURANCE COVERAGE FOR INVENTORY
AND FIXED ASSETS ITEMS SUBEJCT TO RISKS. ON DECEMBER 31, 2014 THE GROUP HAD
THE FOLLOWING INSURANCE COVERAGE: |
|
COVERAGE: |
PROPERTIES AND INVENTORY (FIRE, RAY, EXPLOSION, ELECTRIC DAMAGE,
WINDSTORM AND SMOKE, LOSS OF INCOME). |
|
VALUE: |
R$ 266.310.000,00 |
|
|
|
|
COVERAGE: |
ASSETS AND MERCHANDISES (INTERNATIONAL TRANSPORT – IMPORT) |
|
VALUE: |
R$ 36.739.000,00 |
|
|
BRANCH/PHONE: |
CITY: |
|
BANCO ITAÚ S/A |
CORPORATE |
SÃO PAULO/SP |
|
BANCO SANTANDER (BRASIL) S/A |
CORPORATE |
SÃO PAULO/SP |
|
BANCO BRADESCO S/A |
CORPORATE |
SÃO PAULO/SP |
|
BANCO SAFRA S/A |
CORPORATE |
SÃO PAULO/SP |
|
HSBC BANK BRASIL S/A |
CORPORATE |
SÃO PAULO/SP |
|
BANCO DO BRASIL S/A |
EMPRESARIAL |
SÃO PAULO/SP |
|
BANCO CITIBANK S/A |
CORPORATE |
SÃO PAULO/SP |
|
REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE
INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW PROHIBITION
WE ARE UNABLE TO PROVIDE ANY BANKING DETAILS. ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL REPORT, THE COMPANY
HAS NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682 BRAZILIAN CENTRAL BANK"). |
|
SUBJECT IS ENGAGED IN THE RETAIL CHAIN STORE. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
BELGIUM, KOREA, CHINA, COLOMBIA, PAKISTAN, USA, ARGENTINA AND URUGUAY. |
EXPORTS TO:
|
DOES NOT EXPORT. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
|
|
|
SUBJECT FIRM SELLS DIRECTLY TO END CONSUMERS |
|
|
|
STAFF: |
|
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THE COMPANY HAS: 15870 EMPLOYEE(S) |
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THE SUBJECT IS A WELL AND OLD-ESTABLISHED COMPANY, OPERATING SINCE 1912.
SO FAR IT HAS A CLEAR TRADE HISTORY AND GOOD PAYMENT BEHAVIOR. THE COMPANY HAS TRADE RELATIONS WITH SEVERAL SUPPLIERS IN BRAZIL. THE
SUPPLIERS EXTEND CREDIT FACILITIES TO THE SUBJECT IN TERMS AND AMOUNTS
ACCORDING TO THE COMPANY'S NEEDS AND SO FAR NO PAYMENT PROBLEMS ARE NOTED. THE LAWSUITS REPORTED ARE NOT RELATED WITH TRADE DEBTS. THEY ARE
RELATED TO TAX DEBTS THAT FOR ANY REASON THE COMPANY HAS NOT YET PAID.
USUALLY THIS KIND OF SUITS DO NOT AFFECT THE COMPANY REPUTATION BUT IN THE
SUBJECT SPECIFIC CASE IT IS NOT POSSIBLE TO EVALUATE AS THERE ARE SEVERAL
SUITS REGISTERED AND NO DETAILS REGARDING THE AMOUNTS INVOLVED ARE AVAILABLE
FOR PUBLIC INSPECTION. |
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MAIN SUPPLIERS: |
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DOMESTIC
SUPPLIERS: |
CITY: |
PHONE: |
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BRASTEMP DA AMAZÔNIA S/A |
BARUERI/SP |
11 4689-8300 |
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CORTIEX INDÚSTRIA TÊXTIL LTDA |
TRÊS LAGOAS/MS |
67 521-0649 |
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COTEMINAS CIA DE TECIDO NORTE DE MINAS |
SÃO PAULO/SP |
11 2145-4508 |
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DEGRADE CONFECÇÕES PORTO FELIZ LTDA |
PORTO FELIZ/SP |
15 3262-4483 |
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ELECTROLUX DO BRASIL S/A |
SÃO PAULO/SP |
11 3967-5454 |
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GUARARAPES CONFECÇÕES S/A |
NATAL/RN |
84 227-2266 |
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KARSTEN S/A |
SÃO PAULO/SP |
11 3078-1151 |
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LG ELECTRONICS DA AMAZONIA LTDA |
SÃO PAULO/SP |
11 2162-5596 |
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MC MALHAS LTDA |
GASPAR/SC |
47 3397-0203 |
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PANASONIC DA AMAZÔNIA S/A |
MANAUS/AM |
92 614-5000 |
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SAMDOLAR MODAS LTDA |
SÃO PAULO/SP |
11 3326-4910 |
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TÊXTIL J. SERRANO LTDA |
SÃO PAULO/SP |
11 4158-8100 |
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WHIRLPOOL S/A |
SÃO PAULO/SP |
11 3787-6164 |
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PAYMENT HISTORY: |
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41 SUPPLIERS REPORTED PAYMENTS: |
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TOTAL AMOUNT: R$ 67.041.977,00 |
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AMOUNT OF INVOICES PAID: 2375 |
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TOTAL OF PROMPT PAYMENTS: 92% |
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TOTAL OF DELAYED PAYMENTS: 8% |
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HIGHEST INVOICE: R$ 1.133.614,00 |
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HIGHEST CREDIT: R$ 1.133.614,00 |
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OUTSTANDING
INVOICES DUE WITHIN THE NEXT 91 DAYS: |
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--------------------------- |
SUPPLIERS: |
INVOICES: |
TOTAL AMOUNT: |
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DUE WITHIN 30 DAYS |
7 |
119 |
R$ 1.263.124,52 |
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DUE WITHIN 60 DAYS |
7 |
72 |
R$ 2.120.257,16 |
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DUE WITHIN 90 DAYS |
5 |
150 |
R$ 1.791.262,85 |
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DUE WITHIN 91 DAYS |
2 |
12 |
R$ 212.588,70 |
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ALL |
10 |
353 |
R$ 5.387.233,23 |
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THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN BUSINESS SINCE 1985. IT HAS
AN EXCELLENT TRADE REPUTATION AND A GROWING SCALE OF ACTIVITIES. BASED ON THE OVERALL INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD
TRADE RELATIONS MAY BE ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED WITHIN
TERMS AND AMOUNTS ADEQUATE TO THE COMPANY'S SIZE AND FINANCIAL STRENGTH. AN INITIAL CREDIT LIMIT OF US$ 5.000.000,00 MAY BE CONSIDERED. EVEN
HIGHER AMOUNTS CAN BE GRANTED DEPENDING ON THE IMPORTANCE OF THE ACTIVITIES
BEING ESTABLISHED WITH THE SUBJECT. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.25 |
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|
1 |
Rs.102.25 |
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Euro |
1 |
Rs.72.20 |
INFORMATION DETAILS
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Analysis Done by
: |
KAS |
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Report Prepared
by : |
NIT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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|
-- |
NB |
New Business |
-- |
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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.