|
Report No. : |
337625 |
|
Report Date : |
26.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
MERCKLE GMBH |
|
|
|
|
Registered Office : |
Ludwig-Merckle-Str. 3, D 89143
Blaubeuren |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Year of Establishment : |
2004 |
|
|
|
|
Com. Reg. No.: |
HRB 5125 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
·
Manufacture
of other chemical products n.e.c. ·
Manufacture
of pharmaceutical preparations · Other research and experimental development on natural sciences and engineering |
|
|
|
|
No. of Employees : |
1,859 |
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 – 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 |
MERCKLE
GMBH
Company Status: active
Ludwig-Merckle-Str. 3
D 89143 Blaubeuren
Telephone:07344/140
Telefax: 07344/141620
Homepage: www.teva.de
E-mail: info.teva-deutschland@teva.de
DE239707564
Business relations are permissible.
LEGAL FORM Private
limited company
Date
of foundation: 2004
Shareholders'
agreement: 14.12.2004
Registered on: 22.02.2005
Commercial Register: Local court 89073 Ulm
under: HRB
5125
EUR
500,000.00
Shareholder:
TEVA Health GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 500,000.00
Registered on: 22.12.2010
Reg. data: 89073 Ulm, HRB
725926
Manager:
Dr. Markus Guilherme
Leyck Dieken
D 10115 Berlin
born: 22.11.1964
Manager:
Dr. Gerald Huber
D 73655 Plüderhausen
born: 25.05.1966
Manager:
Andreas Martin Burkhardt
D 89231 Neu-Ulm
born: 07.04.1976
Manager:
Tihomir Oreskovic
NL Amsterdam
born: 01.01.1966
Nationality: Dutch
Manager:
Dr. Miran Denac
CH Brunnen
born: 04.04.1957
Proxy:
Nicole von Gregory
D 01445 Radebeul
authorized to jointly
represent the company
born: 19.07.1969
Proxy:
Stefan Winghardt
D 88471 Laupheim
authorized to jointly
represent the company
born: 08.07.1969
Further functions/participations of Dr. Markus
Guilherme Leyck
Dieken (Manager)
Manager:
ratiopharm GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 414,000.00
Registered
on: 29.10.1979
Reg. data: 89073 Ulm, HRB 991
Manager:
TEVA GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 894,760.79
Registered
on: 18.08.2011
Reg. data: 89073 Ulm, HRB 726876
Manager:
AbZ-Pharma GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR
26,000.00
Registered
on: 08.06.1998
Reg. data: 89073 Ulm, HRB 3643
Manager:
TEVA Pharma GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 1,022,583.76
Registered
on: 21.07.2011
Reg. data: 89073 Ulm, HRB 726775
Manager:
Merckle Biotec GmbH
Dornierstr. 10
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR
25,000.00
Registered
on: 10.08.2004
Reg. data: 89073 Ulm, HRB 4990
Manager:
Transpharm Logistik GmbH
Nicolaus-Otto-Str. 16
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 12.02.1986
Reg. data: 89073 Ulm, HRB 1714
Manager:
TEVA Health GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR
25,000.00
Registered
on: 22.12.2010
Reg. data: 89073 Ulm, HRB 725926
Manager:
Pliva Real Estate GmbH
Charlottenstr. 59
D 10117 Berlin
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 27.12.2011
Reg. data: 14057 Berlin, HRB 138844 B
Vice-president of the Board of Directors:
Pro Generika e.V.
Unter den Linden 32-34
D 10117 Berlin
Legal form: Registered
association
Registered
on: 11.07.2006
Reg. data: 14057 Berlin, VR 23462
Further functions/participations of Dr. Gerald
Huber (Manager)
Manager:
ratiopharm GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 414,000.00
Registered
on: 29.10.1979
Reg. data: 89073 Ulm, HRB 991
Further functions/participations of Andreas
Martin Burkhardt
(Manager)
Manager:
AbZ-Pharma GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered
on: 08.06.1998
Reg. data: 89073 Ulm, HRB 3643
Manager:
TEVA Pharma GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 1,022,583.76
Registered
on: 21.07.2011
Reg. data: 89073 Ulm, HRB 726775
Manager:
TEVA GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private limited
company
Share capital: EUR 894,760.79
Registered
on: 18.08.2011
Reg. data: 89073 Ulm, HRB 726876
Manager:
Merckle Biotec GmbH
Dornierstr. 10
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 10.08.2004
Reg. data: 89073 Ulm, HRB 4990
Manager:
Transpharm Logistik GmbH
Nicolaus-Otto-Str. 16
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 12.02.1986
Reg. data: 89073 Ulm, HRB 1714
Manager:
Pliva Real Estate GmbH
Charlottenstr. 59
D 10117 Berlin
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 27.12.2011
Reg. data: 14057 Berlin, HRB 138844 B
Manager:
ratiopharm GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 414,000.00
Registered
on: 29.10.1979
Reg. data: 89073 Ulm, HRB 991
Manager:
TEVA Health GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 22.12.2010
Reg. data: 89073 Ulm, HRB 725926
Further functions/participations of Tihomir
Oreskovic (Manager)
Manager:
TEVA Pharma GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 1,022,583.76
Registered
on: 21.07.2011
Reg. data: 89073 Ulm, HRB 726775
Manager:
TEVA GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 894,760.79
Registered
on: 18.08.2011
Reg. data: 89073 Ulm, HRB 726876
Manager:
Transpharm Logistik GmbH
Nicolaus-Otto-Str. 16
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 12.02.1986
Reg. data: 89073 Ulm, HRB 1714
Manager:
ratiopharm GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 414,000.00
Registered
on: 29.10.1979
Reg. data: 89073 Ulm, HRB 991
Manager:
TEVA Health GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 22.12.2010
Reg. data: 89073 Ulm, HRB 725926
Manager:
Merckle Biotec GmbH
Dornierstr. 10
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 10.08.2004
Reg. data: 89073 Ulm, HRB 4990
Further functions/participations of Dr. Miran
Denac (Manager)
Manager:
TEVA GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 894,760.79
Registered
on: 18.08.2011
Reg. data: 89073 Ulm, HRB 726876
Manager:
Transpharm Logistik GmbH
Nicolaus-Otto-Str. 16
D 89079 Ulm
Legal form: Private limited
company
Share capital: EUR 50,000.00
Registered
on: 12.02.1986
Reg. data: 89073 Ulm, HRB 1714
Manager:
ratiopharm GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private
limited company
Share capital: EUR 414,000.00
Registered
on: 29.10.1979
Reg. data: 89073 Ulm, HRB 991
Manager:
TEVA Health GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 22.12.2010
Reg. data: 89073 Ulm, HRB 725926
27.12.2004 - 22.02.2005 VEM Produktion GmbH (HRB 23252 AG
Dresden)
Wilhelm-Liebknecht-Str. 6
D 01257 Dresden
Private limited
company
22.02.2005
- 02.11.2012 Merckle GmbH
Ludwig-Merckle-Str. 3
D 89143 Blaubeuren
Private limited
company
02.11.2012 - 26.11.2012 Merckle GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Private limited
company
11.12.2013 - 21.01.2015 Manager
Dr. Christian Horst
Holzmann
D 91242 Ottensoos
17.10.2013 - 03.12.2014 Manager
Dipankar
Bhattacharjee
GB Richmond
06.06.2011 - 06.02.2014 Manager
Stefan Feltens
D 89073 Ulm
25.02.2013 - 10.10.2013 Manager
Rob Koremans
NL Gronsveld
08.10.2010 - 10.10.2013 Manager
Dr. Sven Dethlefs
D 20095 Hamburg
17.11.2010 - 08.02.2013 Manager
Theodorus Jacobus
Andriessen
NL - Haarlem
Main
industrial sector
2059
Manufacture of other chemical products n.e.c.
2120
Manufacture of pharmaceutical preparations
Secondary
industrial sector
7219
Other research and experimental development on natural sciences and
engineering
Branch:
Merckle GmbH
Graf-Arco-Str. 3 OT
Donautal
D 89079 Ulm
TEL.: 0731/40201
FAX.: 0731/4027832
Shareholder:
ratiopharm GmbH
Graf-Arco-Str. 3
D 89079 Ulm
Legal form: Private limited company
Company Status: active
Share capital: EUR 414,000.00
Share: EUR 414,000.00
Reg. data: 29.10.1979
Local court
89073 Ulm
HRB 991
Shareholder:
Transpharm Logistik GmbH
Nicolaus-Otto-Str. 16
D 89079 Ulm
Legal form: Private
limited company
Company Status: active
Share capital: EUR 50,000.00
Share: EUR 50,000.00
Reg. data: 12.02.1986
Local court
89073 Ulm
HRB 1714
Shareholder:
Asma Investment GmbH
Zehrensdorfer Str. 4
D 15806 Zossen
Legal form:
Private limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 18.11.2009
Local court
14467 Potsdam
HRB 22682 P
Shareholder:
Merckle Biotec GmbH
Dornierstr. 10
D 89079 Ulm
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data:
10.08.2004
Local court
89073 Ulm
HRB 4990
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
Balance sheet year: 2013
Type of ownership: Tenant
Address Graf-Arco-Str.
3
D 89079 Ulm
Type of ownership: Tenant
Address Ludwig-Merckle-Str.
3
D 89143 Blaubeuren
Land register documents were not available.
Principal bank
DEUTSCHE BANK, 89006 ULM, DONAU
Sort. code: 63070088
BIC: DEUTDESS630
Further bank
COMMERZBANK, 89005 ULM, DONAU
Sort. code: 63040053
BIC: COBADEFFXXX
Turnover: 2013 EUR 1,123,701,006.00
Profit: 2013 EUR 99,026,779.00
Equipment: EUR 14,914,404.00
Ac/ts receivable: EUR
276,167,152.00
Liabilities: EUR 745,613,932.00
Employees:
1,859
-
thereof permanent staff: 1,859
Balance sheet ratios 01.01.2013 - 31.12.2013
Equity ratio [%]: 84.03
Liquidity ratio: 0.66
Return on total capital [%]: 3.60
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 90.05
Liquidity ratio: 0.93
Return on total capital [%]: 3.83
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 92.55
Liquidity ratio: 2.18
Return on total capital [%]: 7.73
Balance sheet ratios 01.10.2010 - 31.12.2010
Equity ratio [%]: 85.42
Liquidity ratio: 0.26
Return on total capital [%]: 1.60
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 2,758,074,025.04
Fixed assets
EUR 2,127,070,606.38
Intangible assets
EUR 3,701,705.77
Concessions, licences, rights
EUR 3,404,385.00
Advance payments for intang. assets
EUR 297,320.77
Tangible assets
EUR 78,812,634.98
Land / similar rights
EUR 1,535,546.00
Plant / machinery
EUR 56,110,416.00
Other tangible assets / fixtures and
fittings
EUR 14,914,404.00
Advance payments made / construction
in progress
EUR 6,252,268.98
Financial assets
EUR 2,044,556,265.63
Shares in participations /
subsidiaries and the like
EUR 2,044,556,265.63
Shares in related companies
EUR 2,044,556,265.63
Current assets
EUR 629,096,513.35
Stocks EUR
352,517,959.95
Raw materials, consumables and
supplies
EUR 57,453,547.53
Finished goods / work in progress
EUR 295,064,412.42
Accounts receivable
EUR 276,167,151.50
Trade debtors
EUR 31,049,548.61
Amounts due from related companies
EUR 240,149,438.06
Other debtors and assets
EUR 4,968,164.83
Liquid means
EUR 411,401.90
Remaining other assets
EUR 1,906,905.31
Accruals (assets)
EUR 941,065.01
Active difference from asset
offsetting
EUR 965,840.30
LIABILITIES EUR 2,758,074,025.04
Shareholders' equity
EUR 1,980,911,549.87
Capital
EUR 500,000.00
Subscribed capital (share capital)
EUR 500,000.00
Reserves
EUR 1,975,968,586.92
Capital reserves
EUR 1,975,756,890.07
Retained earnings / revenue reserves EUR 211,696.85
Balance sheet profit/loss (+/-)
EUR 4,442,962.95
Balance sheet profit / loss
EUR 4,442,962.95
Provisions
EUR 31,548,542.97
Pension provisions and comparable
provisions
EUR 4,836,607.00
Other / unspecified provisions
EUR 26,711,935.97
Liabilities
EUR 745,613,932.20
Other liabilities
EUR 745,613,932.20
Trade creditors (for IAS incl. bills
of exchange)
EUR 60,106,329.03
Liabililties due to related companiesEUR 683,116,162.25
Unspecified other liabilities
EUR 2,391,440.92
thereof liabilities from tax /
financial authorities
EUR 1,799,041.46
Guarantees and other commitments
EUR 5,000,000.00
Guarantees / warranties
EUR 5,000,000.00
Guarantees
EUR 5,000,000.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 1,123,701,005.94
Inventory change + own costs (+/-)
EUR -5,340,582.19
Inventory change (+/-)
EUR -5,340,582.19
Other operating income
EUR 8,253,658.52
Cost of materials
EUR 778,775,058.66
Raw materials and supplies, purchased
goods
EUR 778,775,058.66
Gross
result (+/-) EUR 347,839,023.61
Staff expenses
EUR 119,828,708.78
Wages and salaries
EUR 100,914,115.52
Social security contributions and
expenses
for pension plans and
benefits
EUR 18,914,593.26
Total depreciation
EUR 16,431,236.78
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 16,431,236.78
Other operating expenses
EUR 197,021,772.71
Operating result from continuing
operations
EUR 14,557,305.34
Result from participating interests
(+/-)
EUR 108,962,914.52
Expenses / income from participations EUR 108,962,914.52
Income from transfer of profits
EUR 108,960,414.52
Income from related companies
EUR 2,500.00
Expenses for the transfer of losses
EUR 9,053,890.53
Interest result (+/-)
EUR -14,948,899.26
Interest and similar income
EUR 23,191.06
thereof from related companies EUR 0.00
Interest and similar expenses
EUR 14,972,090.32
thereof paid to related companies
EUR 14,818,077.91
Financial result (+/-)
EUR 84,960,124.73
Result from ordinary operations (+/-)
EUR 99,517,430.07
Expenses for transfer of profits to a
parent company
EUR 99,026,778.54
Income tax / refund of income tax (+/-)EUR 66,776.64
Other taxes / refund of taxes
EUR -557,428.17
Tax
(+/-)
EUR -490,651.53
Annual surplus / annual deficit
EUR 0.00
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2012 - 31.12.2012
ASSETS EUR 2,731,268,287.92
Fixed assets
EUR 2,125,268,389.41
Intangible assets
EUR 3,335,894.00
Concessions, licences, rights
EUR 3,219,894.00
Advance payments for intang. assets
EUR 116,000.00
Tangible assets
EUR 77,376,228.78
Land / similar rights
EUR 1,748,746.00
Plant / machinery
EUR 41,588,171.00
Other tangible assets / fixtures and
fittings
EUR 15,181,772.08
Advance payments made / construction
in progress
EUR 18,857,539.70
Financial assets
EUR 2,044,556,266.63
Shares in participations /
subsidiaries and the like
EUR 2,044,556,266.63
Shares in related companies
EUR 2,044,556,266.63
Current assets
EUR 604,196,865.28
Stocks
EUR 388,185,205.99
Raw materials, consumables and
supplies
EUR 58,880,378.42
Finished goods / work in progress
EUR 329,304,827.57
Accounts receivable
EUR 215,618,289.50
Trade debtors
EUR 41,669,858.18
Amounts due from related companies
EUR 159,122,256.66
Other
debtors and assets EUR 14,826,174.66
Liquid means
EUR 393,369.79
Remaining other assets
EUR 1,803,033.23
Accruals (assets)
EUR 1,133,558.51
Active difference from asset
offsetting
EUR 669,474.72
LIABILITIES EUR 2,731,268,287.92
Shareholders' equity
EUR 1,980,911,549.87
Capital EUR 500,000.00
Subscribed capital (share capital)
EUR 500,000.00
Reserves
EUR 1,975,968,586.92
Capital reserves
EUR 1,975,756,890.07
Retained earnings / revenue reserves EUR 211,696.85
Balance sheet profit/loss (+/-)
EUR 4,442,962.95
Balance sheet profit / loss
EUR 4,442,962.95
Provisions
EUR 39,611,565.96
Pension provisions and comparable
provisions
EUR 4,776,876.00
Provisions for taxes
EUR 596.02
Other / unspecified provisions
EUR 34,834,093.94
Liabilities
EUR 710,745,172.09
Other liabilities
EUR 710,745,172.09
Trade creditors (for IAS incl. bills
of exchange)
EUR 72,969,908.62
Liabililties due to related companiesEUR 634,442,231.80
Unspecified other liabilities
EUR 3,333,031.67
thereof liabilities from tax /
financial authorities
EUR 1,783,152.14
Guarantees and other commitments
EUR 5,000,000.00
Guarantees / warranties
EUR 5,000,000.00
Guarantees
EUR 5,000,000.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales EUR 986,333,961.82
Inventory change + own costs (+/-)
EUR -3,926,475.67
Inventory change (+/-)
EUR -3,926,475.67
Other operating income
EUR 7,935,490.53
Cost
of materials
EUR 759,639,409.14
Raw materials and supplies, purchased
goods
EUR 759,639,409.14
Gross result (+/-)
EUR 230,703,567.54
Staff expenses EUR 115,174,656.05
Wages and salaries
EUR 96,757,951.08
Social security contributions and
expenses for pension plans and
benefits
EUR 18,416,704.97
Total
depreciation EUR 16,475,051.22
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 16,475,051.22
Other operating expenses
EUR 138,484,464.64
Operating result from continuing
operations
EUR -39,430,604.37
Result from participating interests
(+/-)
EUR 161,941,291.84
Expenses
/ income from participations EUR
169,144,972.69
Income from transfer of profits
EUR 169,144,972.69
Expenses for participations
EUR 7,203,680.85
Expenses for other participations
EUR 7,203,680.85
Interest result (+/-)
EUR -14,203,686.05
Interest and similar income
EUR 537,276.64
thereof from related companies
EUR 1,336.12
Interest and similar expenses
EUR 14,740,962.69
thereof paid to related companies
EUR 14,039,221.62
Other financial result
EUR -692,021.16
Depreciation on financial assets and
marketable securities
EUR 692,021.16
Financial result (+/-)
EUR 147,045,584.63
Result from ordinary operations (+/-)
EUR 107,614,980.26
Extraordinary income
EUR 3,282,422.09
Extraordinary expenses
EUR 36,629.01
Extraordinary result (+/-)
EUR 3,245,793.08
Expenses for transfer of profits to a
parent company
EUR 107,903,767.04
Income tax / refund of income tax (+/-)EUR -2,125,784.50
Other taxes / refund of taxes
EUR -831,221.80
Tax
(+/-)
EUR -2,957,006.30
Annual surplus / annual deficit
EUR 0.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.71 |
|
|
1 |
Rs.105.10 |
|
Euro |
1 |
Rs.77.11 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
NIT |
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.