MIRA INFORM REPORT
|
Report No. : |
336822 |
|
Report Date : |
20.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
DUCATI ENERGIA ROMANIA SA |
|
|
|
|
Registered Office : |
Piatra Arsa Fn 105500 Busteni Prahova |
|
|
|
|
Country : |
Romania |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
15.08.2002 |
|
|
|
|
Com. Reg. No.: |
J29/866/2002 |
|
|
|
|
Legal Form : |
Joint Stock Co. |
|
|
|
|
Line of Business : |
Manufacture of other electrical equipment. |
|
|
|
|
No. of Employee : |
365 |
RATING & COMMENTS
|
MIRAs 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) |
|
Romania |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
ROMANIA ECONOMIC OVERVIEW
Romania, which joined the EU on 1 January 2007, began the transition from Communism in 1989 with a largely obsolete industrial base and a pattern of output unsuited to the country's needs. Romania's macroeconomic gains have only recently started to spur creation of a middle class and to address Romania's widespread poverty. Corruption and red tape continue to permeate the business environment. In the aftermath of the global financial crisis, Romania signed on to a $26 billion emergency assistance package from the IMF, the EU, and other international lenders, but GDP contracted until 2011. In March 2011, Romania and the IMF/EU/World Bank signed a 24-month precautionary stand-by agreement, worth $6.6 billion, to promote fiscal discipline, encourage progress on structural reforms, and strengthen financial sector stability. In September 2013, Romanian authorities and the IMF/EU agreed to a follow-on precautionary two-year stand-by agreement, worth $5.4 billion, to continue with reforms, although Bucharest has announced that it does not intend to draw funds under the agreement. Economic growth rebounded in 2013, driven by strong industrial exports and an excellent agricultural harvest, and the current account deficit was reduced substantially. The economy closed out 2014 with 2.8% growth, down from the 3.5% posted in 2013. Industry outperformed other sectors of the economy. Exports remained the engine of economic growth, led by trade with the EU, which accounts for roughly 70% of Romania trade. In 2014, the Government of Romania succeeded in meeting its annual target for the budget deficit, the external deficit remained low, and inflation was the lowest since 1989, allowing a gradual loosening of the monetary policy throughout the year. However, progress on structural reforms has been uneven and the economy still is vulnerable to external shocks. An ageing population, weak domestic demand, tax evasion, and insufficient health-care represent the top vulnerabilities.
|
Source
: CIA |
Company
identification
|
DUCATI ENERGIA
ROMANIA SA |
Telephone |
+40 244 306050 |
|
|
|
|
|
+40 244 306051 |
|
Piatra Arsa Fn |
|
Fax |
+40 244 306052 |
|
105500 Busteni Prahova |
|
|
|
|
Romania |
|
|
|
|
|
|
|
|
|
Crefo No. |
430723 |
Registration No. |
J29/866/2002 |
|
Tax No. |
RO 14820787 |
Status |
Active |
Economic
situation
|
Business connection |
Business connections appear permissible |
|
Payment behaviour |
No complaints, but occasional delays |
Basic
information
LEGAL FORM
Joint Stock Co.
REGISTRATION
AND CHANGES
Established on 15.08.2002 as Ducati Energia Romania Sa Joint Stock Co.
OWNERS AND CAPITAL
|
Name / Address /
Nationality |
From |
Share |
|
DUCATI ENERGIA S.P.A. |
17/07/2002 |
99,999600 % |
|
BOLOGNA, Italy |
|
|
|
Italian |
|
|
|
|
|
|
|
Name / Address /
Nationality |
From |
Share |
|
|
|
|
|
Federica Guidi (birth date 19/05/1969) |
17/07/2002 |
0,0002000 % |
|
CASTELNUOVO RANGONA(, Italy |
|
|
|
Italian |
|
|
|
|
|
|
|
Guidalberto Guidi (birth date 05/08/1941) |
17/07/2002 |
0,0002000 % |
|
CASTELNUOVO RANGONE (MO), Italy |
|
|
|
Italian |
|
|
REGISTERED CAPITAL
|
Currency |
Value |
|
RON |
12.007.500 |
MANAGEMENT
|
Name / Address /
Status |
Since |
Position |
|
|
|
|
|
Gianni Pancaldi (birth date 09/05/1958) |
16/04/2009 |
Administrator |
|
BOLOGNA |
|
|
|
Italia |
|
|
|
|
|
|
|
Guidalberto Guidi (birth date 05/08/1941) |
12/05/2008 |
Administrator |
|
CASTELNUOVO RANGONE (MO) |
|
|
|
Italia |
|
|
|
|
|
|
|
Marco Catassi (birth date 17/08/1955) |
18/06/2007 |
Administrator |
|
BOLOGNA,CASTEL MAGGIORE (BO) |
|
|
|
Italia |
|
|
|
|
|
|
|
PRICEWATERHOUSECOOPERS AUDIT SRL |
|
Auditor |
|
BUCURESTI SECTORUL 2 |
|
|
|
Romania |
|
|
|
|
|
|
|
Avram Bogdan-Georgian (birth date 09/09/1973) |
|
Director |
|
MUNICIPIUL PLOIESTI |
|
|
|
Romania |
|
|
Subsidiaries
CONNECTIONS
|
Through |
Name / Address |
Position |
Share |
|
|
Avram Bogdan-Georgian |
|
|
|
RO 30174890 |
CONTEX AUDIT MANAGEMENT SRL |
Administrator and shareholder |
50,00000000% |
Business
activities
|
Main activity |
|
|
|
|
Nace |
|
Manufacture of other electrical equipment |
|
2790 |
|||
Legal office and working spaces at the above mentioned address
Economic
data
TURNOVER AND EMPLOYEES
|
Date |
Turnover |
Employees |
|
31.12.2014 |
173.581.152 RON |
365 |
|
31.12.2013 |
122.842.231 RON |
357 |
|
31.12.2012 |
96.725.870 RON |
283 |
|
31.12.2011 |
109.035.533 RON |
359 |
|
31.12.2010 |
91.830.395 RON |
311 |
|
31.12.2009 |
64.999.665 RON |
264 |
|
31.12.2008 |
69.616.625 RON |
263 |
|
31.12.2007 |
59.103.472 RON |
305 |
|
31.12.2006 |
14.849.243 RON |
243 |
|
31.12.2005 |
10.628.591 RON |
275 |
|
31.12.2004 |
10.001.751,6 RON |
226 |
|
31.12.2003 |
8.650.348 RON |
163 |
|
31.12.2002 |
0 RON |
18 |
PROPERTIES
According to the Balance Sheet of 31.12.2014 date the company holds real estates with a book value of 10.361.149,00 RON, but we do not have any other details on the type and location of these assets.
Supplementary
data
MAIN INDICES
PAYMENT EXPERIENCE AND CREDIT OPINION
|
Business connection |
Business connections appear permissible |
|
Payment behaviour |
No complaints, but occasional delays |
NEGATIVE EVENTS
According
to the information registered at the Ministry of Finance, the company has no overdue
debts to the State budget as of 30.06.2015.
There
are no related to the subject at the Payment Incidents Bureau (CIP) in the
period 18.08.2008 - 18.08.2015.
There are no related to the subject company
at the Insolvency Proceedings Bulletin. There are no records related to the
subject company in our debt collection department.
The subject company is not registered with
legal proceedings opened against it, according to Court Portal.
Balances
sheet
Assets
|
|
|
31/12/2012 |
31/12/2013 |
31/12/2014 |
|
Name |
Ref. |
RON |
RON |
RON |
|
|
|
LONG |
LONG |
LONG |
|
Incorporation expenses |
r1 |
0 |
0 |
0 |
|
Development expenses |
r2 |
0 |
0 |
0 |
|
Concession rights, patents, licences, trademarks, similar rights and assets and other intangible fixed assets |
r3 |
54.603 |
32.110 |
9.975 |
|
Goodwill |
r4 |
0 |
0 |
0 |
|
Down payments and intangible fixed assets in progress |
r5 |
0 |
0 |
0 |
|
TOTAL INTANGIBLE FIXED ASSETS |
r6 |
54.603 |
32.110 |
9.975 |
|
Land and buildings |
r7 |
10.199.044 |
10.354.526 |
10.165.162 |
|
Technical installations and machines |
r8 |
5.735.586 |
14.202.081 |
13.562.494 |
|
Other installations, machinery and furniture |
r9 |
55.325 |
27.936 |
1.930 |
|
Down payments and tangible fixed assets in |
r10 |
384.882 |
48.481 |
102.746 |
|
progress |
|
|
|
|
|
TOTAL TANGIBLE FIXED ASSETS |
r11 |
16.374.837 |
24.633.024 |
23.832.332 |
|
Shares in subsidiaries |
r12 |
0 |
0 |
0 |
|
Loans given to subsidiaries |
r13 |
0 |
0 |
0 |
|
Participating interests |
r14 |
0 |
0 |
0 |
|
Loans given to associates |
r15 |
0 |
0 |
0 |
|
Other long term investments |
r16 |
0 |
0 |
0 |
|
Other loans |
r17 |
0 |
0 |
0 |
|
TOTAL CAPITAL ASSETS |
r18 |
0 |
0 |
0 |
|
NON CURRENT ASSETS - TOTAL |
r19 |
16.429.440 |
24.665.134 |
23.842.307 |
|
Raw materials and consumables |
r20 |
16.906.527 |
21.660.822 |
18.264.834 |
|
Work in progress |
r21 |
1.567.406 |
1.391.812 |
2.156.088 |
|
Finished goods |
r22 |
1.643.755 |
1.223.174 |
1.331.329 |
|
Down payments on inventory purchases |
r23 |
60.484 |
182.591 |
252.190 |
|
TOTAL INVENTORIES |
r24 |
20.178.172 |
24.458.399 |
22.004.441 |
|
Trade receivables |
r25 |
3.291.000 |
1.079.272 |
1.682.761 |
|
Receivables from subsidiaries |
r26 |
12.443.874 |
23.100.195 |
39.918.861 |
|
Receivables from entities in respect of |
r27 |
0 |
0 |
0 |
|
participating interests |
|
|
|
|
|
Other receivables |
r28 |
6.360.112 |
5.043.157 |
4.556.101 |
|
Unpaid subscribed capital |
r29 |
0 |
0 |
0 |
|
TOTAL RECEIVABLES |
r30 |
22.094.986 |
29.222.624 |
46.157.723 |
|
Shares in subsidiaries |
r31 |
0 |
0 |
0 |
|
Other short-term investments |
r32 |
0 |
0 |
0 |
|
TOTAL SHORT-TERM INVESTMENTS |
r33 |
0 |
0 |
0 |
|
PETTY CASH AND BANK ACCOUNTS |
r34 |
370.698 |
999.026 |
9.398.770 |
|
CURRENT ASSETS - TOTAL |
r35 |
42.643.856 |
54.680.049 |
77.560.934 |
|
|
|
31/12/2012 |
31/12/2013 |
31/12/2014 |
|
Name |
Ref. |
RON |
RON |
RON |
|
|
|
LONG |
LONG |
LONG |
|
PREPAID EXPENSES |
r36 |
10.378 |
104.537 |
13.149 |
|
TOTAL ASSETS |
r37 |
59.083.674 |
79.449.720 |
101.416.390 |
Liabilities
|
|
|
31/12/2012 |
31/12/2013 |
31/12/2014 |
|
Name |
Ref. |
RON |
RON |
RON |
|
|
|
LONG |
LONG |
LONG |
|
Debenture loans |
r38 |
0 |
0 |
0 |
|
Amounts payable to credit entities |
r39 |
590.493 |
597.960 |
597.613 |
|
Down payments received on orders in progress |
r40 |
0 |
0 |
0 |
|
Commercial debts - suppliers |
r41 |
12.777.634 |
14.744.684 |
35.547.700 |
|
Commercial bills due |
r42 |
0 |
0 |
0 |
|
Amounts payable to subsidiaries |
r43 |
20.944.309 |
40.006.412 |
40.181.970 |
|
Amounts payable to associates in respect of |
r44 |
0 |
0 |
0 |
|
participating interests |
|
|
|
|
|
Other debts, including fiscal debts and amounts payable to social security |
r45 |
788.805 |
956.252 |
657.584 |
|
TOTAL SHORT-TERM DEBTS |
r46 |
35.101.241 |
56.305.308 |
76.984.867 |
|
NET CURRENT ASSETS/NET CURRENT |
r47 |
7.552.993 |
-1.520.722 |
589.216 |
|
DEBTS |
|
|
|
|
|
TOTAL ASSETS MINUS CURRENT DEBTS |
r48 |
23.982.433 |
23.144.412 |
24.431.523 |
|
Debenture loans |
r49 |
0 |
0 |
0 |
|
Amounts payable to credit entities |
r50 |
6.499.108 |
5.979.596 |
5.378.516 |
|
Down payments received on orders in progress |
r51 |
0 |
0 |
0 |
|
Commercial debts - suppliers |
r52 |
0 |
0 |
0 |
|
Commercial bills due |
r53 |
0 |
0 |
0 |
|
Amounts payable to subsidiaries |
r54 |
0 |
0 |
0 |
|
Amounts payable to associates in respect of |
r55 |
0 |
0 |
0 |
|
participating interests |
|
|
|
|
|
Other debts, including fiscal debts and amounts |
r56 |
0 |
0 |
0 |
|
payable to social security |
|
|
|
|
|
TOTAL LONG-TERM DEBTS |
r57 |
6.499.108 |
5.979.596 |
5.378.516 |
|
Provisions for pensions and other similar |
r58 |
0 |
0 |
0 |
|
obligations |
|
|
|
|
|
Provisions for taxes |
r59 |
0 |
0 |
0 |
|
Other provisions |
r60 |
0 |
0 |
0 |
|
TOTAL DEBTS |
r61 |
41.600.349 |
62.284.904 |
82.363.383 |
|
TOTAL PROVISIONS |
r62 |
0 |
0 |
0 |
|
Grants for investments |
r63 |
0 |
0 |
0 |
|
deferred income |
r64 |
0 |
0 |
0 |
|
TOTAL DEFERRED INCOME |
r65 |
0 |
0 |
0 |
|
Subscribed and paid capital |
r66 |
12.007.500 |
12.007.500 |
12.007.500 |
|
Subscribed and unpaid capital |
r67 |
0 |
0 |
0 |
|
Assets and liabilities (public sector companies) |
r68 |
0 |
0 |
0 |
|
|
|
31/12/2012 |
31/12/2013 |
31/12/2014 |
|
Name |
Ref. |
RON |
RON |
RON |
|
|
|
LONG |
LONG |
LONG |
|
TOTAL SHARE CAPITAL |
r69 |
12.007.500 |
12.007.500 |
12.007.500 |
|
CAPITAL PREMIUM |
r70 |
0 |
0 |
0 |
|
REVALUATION RESERVES |
r71 |
549.901 |
985.259 |
973.805 |
|
Legal reserves |
r72 |
1.119.955 |
1.295.274 |
1.575.790 |
|
Statutory or contractual reserves |
r73 |
29.544 |
29.544 |
29.544 |
|
Reserves representing the revaluation reserve surplus |
r74 |
8.299 |
11.607 |
23.060 |
|
Other reserves |
r75 |
157.060 |
157.060 |
157.060 |
|
TOTAL RESERVES |
r76 |
1.314.858 |
1.493.485 |
1.785.454 |
|
Own shares |
r77 |
0 |
0 |
0 |
|
Earnings associated to own capital instruments |
r78 |
0 |
0 |
0 |
|
Losses associated to own capital instruments |
r79 |
0 |
0 |
0 |
|
Reported profit or loss (e) Balance account C |
r80 |
107.346 |
107.346 |
107.346 |
|
Reported profit or loss (e) Balance account D |
r81 |
0 |
0 |
0 |
|
Profit or loss as per the financial year Balance account C |
r82 |
3.735.705 |
2.746.545 |
4.459.418 |
|
Profit or loss as per the financial year Balance
account D |
r83 |
0 |
0 |
0 |
|
Profit distribution |
r84 |
231.985 |
175.319 |
280.516 |
|
SHAREHOLDERS EQUITY - TOTAL |
r85 |
17.483.325 |
17.164.816 |
19.053.007 |
|
Public patrimony |
r86 |
0 |
0 |
0 |
|
EQUITY - TOTAL |
r87 |
17.483.325 |
17.164.816 |
19.053.007 |
|
TOTAL LIABILITIES |
r88 |
59.083.674 |
79.449.720 |
101.416.390 |
Profit
and Loss Account
|
|
|
31/12/2012 |
31/12/2013 |
31/12/2014 |
|
Name |
Ref. |
RON |
RON |
RON |
|
|
|
LONG |
LONG |
LONG |
|
Net turnover |
r89 |
96.725.870 |
122.842.231 |
173.581.152 |
|
Own work sold |
r90 |
96.725.870 |
122.842.231 |
173.581.152 |
|
Income from the sale of goods |
r91 |
0 |
0 |
0 |
|
Income from interests made by leasing |
r92 |
0 |
0 |
0 |
|
Income from grants related to income |
r93 |
0 |
0 |
0 |
|
corresponding to net turnover |
|
|
|
|
|
-Balance account C |
r94 |
0 |
0 |
894.219 |
|
Balance account D |
r95 |
964.337 |
1.543.619 |
0 |
|
Production made by the entity for its own |
r96 |
0 |
0 |
0 |
|
purposes and capitalized |
|
|
|
|
|
Other operating income |
r97 |
116.372 |
113.021 |
0 |
|
OPERATING INCOME - TOTAL |
r98 |
95.877.905 |
121.411.633 |
174.475.371 |
|
Expenses on raw materials and consumables |
r99 |
77.326.170 |
99.658.420 |
150.165.766 |
|
Other expenses supplies and materials |
r100 |
204.062 |
328.629 |
258.778 |
|
|
|
31/12/2012 |
31/12/2013 |
31/12/2014 |
|
Name |
Ref. |
RON |
RON |
RON |
|
|
|
LONG |
LONG |
LONG |
|
Other outsourced expenses (electricity and water) |
r101 |
1.181.145 |
1.706.482 |
1.379.334 |
|
Expenses on goods |
r102 |
0 |
0 |
0 |
|
Expenses on personnel, of which: |
r103 |
5.808.119 |
8.140.763 |
8.427.826 |
|
Salaries and benefits |
r104 |
4.740.911 |
6.760.090 |
6.924.830 |
|
Insurance and social security costs |
r105 |
1.067.208 |
1.380.673 |
1.502.996 |
|
Adjustments of the value of tangible and |
r106 |
1.634.084 |
1.926.024 |
2.304.994 |
|
intangible fixed assets |
|
|
|
|
|
Expenses |
r107 |
1.634.084 |
1.926.024 |
2.304.994 |
|
Income |
r108 |
0 |
0 |
0 |
|
Adjustments of the value of current assets |
r109 |
0 |
0 |
0 |
|
Expenses |
r110 |
0 |
0 |
0 |
|
Income |
r111 |
0 |
0 |
0 |
|
Other operating costs |
r112 |
4.201.132 |
5.361.638 |
5.938.814 |
|
Expenses on third party services |
r113 |
3.364.857 |
4.458.820 |
5.054.845 |
|
Expenses on other taxes, duties and similar |
r114 |
431.646 |
409.869 |
466.675 |
|
charges |
|
|
|
|
|
Expenses on compensations, donations and |
r115 |
404.629 |
492.949 |
417.294 |
|
assigned assets |
|
|
|
|
|
Expenses with refinancing interest rates of |
r116 |
0 |
0 |
0 |
|
leasing entities |
|
|
|
|
|
Adjustments of provisions |
r117 |
0 |
0 |
0 |
|
Expenses |
r118 |
0 |
0 |
0 |
|
income |
r119 |
0 |
0 |
0 |
|
OPERATING EXPENSES - TOTAL |
r120 |
90.354.712 |
117.121.956 |
168.475.512 |
|
- Profit |
r121 |
5.523.193 |
4.289.677 |
5.999.859 |
|
- Loss |
r122 |
0 |
0 |
0 |
|
Income from participating interests, of which: |
r123 |
0 |
0 |
0 |
|
income obtained from subsidiaries |
r124 |
0 |
0 |
0 |
|
|
|
31/12/2012 |
31/12/2013 |
31/12/2014 |
|
Name |
Ref. |
RON |
RON |
RON |
|
|
|
LONG |
LONG |
LONG |
|
Income from other financial investments and |
r125 |
0 |
0 |
0 |
|
loans which are part of intangible fixed assets (acc. 763), of which: |
|
|
|
|
|
income obtained from subsidiaries |
r126 |
0 |
0 |
0 |
|
Income from interest rates, of which: |
r127 |
6.061 |
5.081 |
10.220 |
|
income obtained from subsidiaries |
r128 |
0 |
0 |
0 |
|
Other financial income |
r129 |
3.939.228 |
6.508.398 |
6.889.406 |
|
FINANCIAL INCOME - TOTAL |
r130 |
3.945.289 |
6.513.479 |
6.899.626 |
|
Value adjustments in respect of capital assets and investments as current assets |
r131 |
0 |
0 |
0 |
|
Expenses |
r132 |
0 |
0 |
0 |
|
income |
r133 |
0 |
0 |
0 |
|
Interest expenses |
r134 |
225.999 |
183.085 |
166.828 |
|
of which, expenses in respect of subsidiaries |
r135 |
0 |
0 |
0 |
|
Other financial expenses |
r136 |
4.602.777 |
7.113.686 |
7.122.337 |
|
FINANCIAL EXPENSES - TOTAL |
r137 |
4.828.776 |
7.296.771 |
7.289.165 |
|
- Financial profit |
r138 |
0 |
0 |
0 |
|
- Financial loss |
r139 |
883.487 |
783.292 |
389.539 |
|
- Current profit |
r140 |
4.639.706 |
3.506.385 |
5.610.320 |
|
- Current loss |
r141 |
0 |
0 |
0 |
|
Extraordinary income |
r142 |
0 |
0 |
0 |
|
Extraordinary expenses |
r143 |
0 |
0 |
0 |
|
- Extraordinary profit |
r144 |
0 |
0 |
0 |
|
- Extraordinary loss |
r145 |
0 |
0 |
0 |
|
TOTAL INCOME |
r146 |
99.823.194 |
127.925.112 |
181.374.997 |
|
TOTAL EXPENSES |
r147 |
95.183.488 |
124.418.727 |
175.764.677 |
|
- Gross profit |
r148 |
4.639.706 |
3.506.385 |
5.610.320 |
|
|
|
31/12/2012 |
31/12/2013 |
31/12/2014 |
|
Name |
Ref. |
RON |
RON |
RON |
|
|
|
LONG |
LONG |
LONG |
|
- Gross loss |
r149 |
0 |
0 |
0 |
|
Income tax |
r150 |
904.001 |
759.840 |
1.150.902 |
|
Other taxes which are not recorded above |
r151 |
0 |
0 |
0 |
|
- Net profit |
r152 |
3.735.705 |
2.746.545 |
4.459.418 |
|
- Net loss |
r153 |
0 |
0 |
0 |
|
Net result |
r154 |
3.735.705 |
2.746.545 |
4.459.418 |
Additional
information
|
|
|
31/12/2012 |
31/12/2013 |
31/12/2014 |
|
Name |
Ref. |
RON |
RON |
RON |
|
|
|
LONG |
LONG |
LONG |
|
Outstanding payments-total, of which: - TOTAL |
r155 |
0 |
0 |
0 |
|
Accounts payable outstanding- total, of which: - |
r156 |
0 |
0 |
0 |
|
TOTAL |
|
|
|
|
|
over 30 days - TOTAL |
r157 |
0 |
0 |
0 |
|
over 90 days - TOTAL |
r158 |
0 |
0 |
0 |
|
over 1 year - TOTAL |
r159 |
0 |
0 |
0 |
|
Outstanding payments to social security- total, of |
r160 |
0 |
0 |
0 |
|
which: - TOTAL |
|
|
|
|
|
contributions to social security payable by |
r161 |
0 |
0 |
0 |
|
employers, employees and other assimilated |
|
|
|
|
|
entities - TOTAL |
|
|
|
|
|
contributions to the social health insurance fund - |
r162 |
0 |
0 |
0 |
|
TOTAL |
|
|
|
|
|
contribution to the additional state pension |
r163 |
0 |
0 |
0 |
|
system - TOTAL |
|
|
|
|
|
contributions to the unemployment fund - TOTAL |
r164 |
0 |
0 |
0 |
|
other social liabilities - TOTAL |
r165 |
0 |
0 |
0 |
|
Payments due to special funds and other funds - |
r166 |
0 |
0 |
0 |
|
TOTAL |
|
|
|
|
|
Payments due to other creditors - TOTAL |
r167 |
0 |
0 |
0 |
|
Taxes and fees unpaid to the public budget on the |
r168 |
0 |
0 |
0 |
|
date due - TOTAL |
|
|
|
|
|
Taxes and fees unpaid to the local budget on the |
r169 |
0 |
0 |
0 |
|
date due - TOTAL |
|
|
|
|
|
|
|
31/12/2012 |
31/12/2013 |
31/12/2014 |
|
Name |
Ref. |
RON |
RON |
RON |
|
|
|
LONG |
LONG |
LONG |
|
Bank credits which were not reimbursed on the |
r170 |
0 |
0 |
0 |
|
date due - total, of which: - TOTAL |
|
|
|
|
|
back payments after 30 days - TOTAL |
r171 |
0 |
0 |
0 |
|
back payments after 90 days - TOTAL |
r172 |
0 |
0 |
0 |
|
back payments after 1 year - TOTAL |
r173 |
0 |
0 |
0 |
|
Past due interest - TOTAL |
r174 |
0 |
0 |
0 |
|
Average number of employees |
r175 |
283 |
357 |
365 |
Specific
tangible fixed assets
|
|
|
31/12/2012 |
31/12/2013 |
31/12/2014 |
|
Name |
Ref. |
RON |
RON |
RON |
|
|
|
LONG |
LONG |
LONG |
|
Lands |
r176 |
970.481 |
1.783.526 |
1.783.526 |
|
Buildings |
r177 |
9.599.608 |
8.571.000 |
8.577.623 |
|
Technical installations and machines |
r178 |
16.909.666 |
26.683.344 |
28.103.327 |
|
Amortization |
r179 |
N/A |
N/A |
N/A |
Financial
Ratios
|
Name |
Ref. |
31/12/2012 |
31/12/2013 |
31/12/2014 |
|
Debt Ratio |
R1 |
0,70 |
0,78 |
0,81 |
|
Quick ratio |
R2 |
0,64 |
0,54 |
0,72 |
|
Current ratio |
R3 |
1,21 |
0,97 |
1,01 |
|
Solvency ratio |
R4 |
0,37 |
0,35 |
0,28 |
|
Return on sales ( ROS ) |
R5 |
0,04 |
0,02 |
0,03 |
|
Return on assets ( ROA ) |
R6 |
0,06 |
0,03 |
0,04 |
|
Return on equity ( ROE ) |
R7 |
0,21 |
0,16 |
0,23 |
|
Operating margin, in (%) |
R8 |
0,06 |
0,03 |
0,03 |
|
Days supply in inventory |
R9 |
76,14 |
72,67 |
46,27 |
|
Days sales in receivables |
R10 |
83,38 |
86,83 |
97,06 |
|
Days purchase in payables |
R11 |
132,45 |
167,30 |
161,88 |
|
SALES TO TOTAL ASSETS |
R12 |
1,64 |
1,55 |
1,71 |
|
OPERATING RESULT /TOTAL ASSETS |
R13 |
0,09 |
0,05 |
0,06 |
|
CASH RATIO |
R14 |
0,01 |
0,02 |
0,12 |
|
Equity as % of total assets |
R15 |
29,59 |
21,60 |
18,79 |
|
Fixed assets as % of total assets |
R16 |
27,81 |
31,04 |
23,51 |
|
Name |
Ref. |
31/12/2012 |
31/12/2013 |
31/12/2014 |
|
Receivables as % of current assets |
R17 |
51,81 |
53,44 |
59,51 |
|
Net working capital |
R18 |
7542615,00 |
-1625259,00 |
576067,00 |
Exchange
rate
31/12/2012
USD 1, = RON 3,47
EUR 1, = RON 4,46
31/12/2013
USD 1, = RON 3,33
EUR 1, = RON 4,42
31/12/2014
USD 1, = RON 3,35
EUR 1, = RON 4,44
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.25 |
|
|
1 |
Rs.102.25 |
|
Euro |
1 |
Rs.72.19 |
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
SCs 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.