|
Report No. : |
353101 |
|
Report Date : |
04.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
LABORATÓRIO TEUTO BRASILEIRO S/A |
|
|
|
|
Registered Office : |
Loc Vp 7d - Módulo,11 Quadra 13 – Daia 75045-190 - Anápolis/Go |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
25.03.1957 |
|
|
|
|
Legal Form : |
Privately Held Corporation |
|
|
|
|
Line of Business : |
Manufacture of Pharmaceuticals |
|
|
|
|
Employees: |
2590 |
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) |
|
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. 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. 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.
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 reelection 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 |
LABORATÓRIO TEUTO
BRASILEIRO S/A
|
MAIN ADDRESS: |
LOC VP 7D - MÓDULO,11 QUADRA 13 - DAIA |
|
ZIP CODE/CITY: |
75045-190 - ANÁPOLIS/GO |
|
|
|
|
PHONE: |
62 3310-2116 |
|
FAX: |
62 3310-2000 |
|
E-MAIL: |
contabilidade@teuto.com.br |
|
WEB SITE: |
www.teuto.com.br |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
RUA EMBAIXADOR MACEDO SOARES,10735 |
|
ZIP CODE/CITY: |
05095-020 SÃO PAULO/SP |
|
CNPJ: |
17.159.229/0008-42 |
|
|
|
|
ADDRESS: |
RUA WILK FERREIRA DE SOUZA,145 |
|
ZIP CODE/CITY: |
70230-477 SÃO JOSÉ DO RIO PRETO/SP |
|
CNPJ: |
17.159.229/0007-61 |
|
|
|
|
ADDRESS: |
RUA ANTONIO LUIZ SOARES,217 |
|
ZIP CODE/CITY: |
51210-050 RECIFE/PE |
|
CNPJ: |
17.159.229/0005-08 |
|
|
|
|
ADDRESS: |
RODOVIA MG-5 - Nº,1020 - IPÊ |
|
ZIP CODE/CITY: |
31950-000 BELO HORIZONTE/MG |
|
CNPJ: |
17.159.229/0006-80 |
|
|
|
|
ADDRESS: |
RUA CONDE DE PORTO ALEGRE,57 - ROCHA |
|
ZIP CODE/CITY: |
20960-110 RIO DE JANEIRO/RJ |
|
CNPJ: |
17.159.229/0003-38 |
|
MAIN ACTIVITIES: |
|
MANUFACTURE OF PHARMACEUTICALS. |
|
LEGAL FORM: |
PRIVATELY HELD
CORPORATION |
|
|
|
|
INCORPORATION DATE: |
25/03/1957 |
|
REGISTER DATE: |
25/03/1957 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
17.159.229/0001-76 |
|
STATE REGISTER: |
10.223003-0 |
|
|
|
|
SHARE CAPITAL: |
R$ 68.808.167,59 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
CARLOS ROBERTO DE ANDRADE |
INDUSTRIAL DIRECTOR |
|
OSVALDO SOARES PINTO |
COMMERCIAL DIRECTOR |
|
MARCELO LEITE HENRIQUE |
DIRECTOR |
|
DOUGLAS LEANDRO RODRIGUES |
FINANCIAL DIRECTOR |
|
THE DIRECTORS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
ESPOLIO WALTERCI DE MELO |
57,924187% |
|
PFIZER MEDICAMENTOS GENÉRICOS E PARTICIP. LTDA |
40,000000% |
|
MARCELO LEITE HENRIQUES |
2,000000% |
|
ÍTALO NOGUEIRA ALVES DE MELO |
0,075745% |
|
IGOR NOGUEIRA ALVES DE MELO |
0,000018% |
|
FLAVIA MODESTO TELES DE MELO |
0,000016% |
|
PRISCILA NOGUEIRA ALVES DE MELO |
0,000016% |
|
ANNA LIZ TELES DE MELO |
0,000016% |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
NOT AVAILABLE |
|
|
THE SUBJECT WAS ESTABLISHED IN 1947, BY MR. ADOLFO KRUMEIR. AMAZED BY THE BRAZIL'S RESOURCES, INVESTED ALL ITS EFFORTS, WITHOUT
LOSING ITS TIES WITH HIS HOMELAND. THE TIME GOES BY AND THE SUBJECT CHANGES
ITS MANAGEMENT. MR. WALTERCI DE MELO REALIZED THAT TEUTO OWNED A STRONG BRAND AND HE
DECIDED ON TAKING ADVANTAGE OF IT BY INVESTING IN NEW EQUIPMENTS, RENEWING
ITS PRODUCT LINE, IMPROVING THE PACKAGE GIVING MORE AGGRESSIVENESS TO ITS
MANAGEMENT. IN 1992 IT WAS PUT THE LIMESTONE IN ANÁPOLIS AND IN 1993 ITS
HEADQUARTERS WAS OPENED WITH 12.000 SQ MTS OF BUILT-U AREA. THE SUBJECT IS A LEADING COMPANY AND KEEPS OPERATING UP TO DATE WITH A
LEADING POSITION AND HIGH EFFICIENCY LEVEL. ON JUNE 16, 2002 SUBJECT WAS TRANSFORMED INTO STOCK COMPANY AND
ALTERED ITS NAME FROM LABORATÓRIO TEUTO BRASILEIRO LTDA. TO THE PRESENT REGISTERED
ONE. THE COMPANY HAS THE ISO 9000 CERTIFICATION. TRADE NAME: "TEUTO". FURTHER DETAILS ABOUT THE SUBJECT'S HISTORY ARE SO FAR NOT KNOWN. |
|
PUBLIC
INFORMATION: |
|
PROTESTS: |
|
4 PROTESTS,TOTAL AMOUNT R$
9.089.043,94 |
|
DETAILS OF LATEST PROTESTS: |
|
NOTARY OFFICE: |
DATE: |
VALUE: |
|
1º CARTÓRIO DE RJ-RIO DE JANEIRO |
20/10/2011 |
R$ 1.843.858,46 |
|
2º CARTÓRIO DO RIO DE JANEIRO/RJ |
24/11/2015 |
R$ 635.457,39 |
|
4º CARTÓRIO DE RJ-RIO DE JANEIRO |
23/09/2014 |
R$ 3.902.110,49 |
|
4º CARTÓRIO DE RJ-RIO DE JANEIRO |
25/11/2014 |
R$ 2.707.617,60 |
|
LAWSUITS: |
|
|
|
|
DATE: |
COURT OF LAW: |
|
8 |
STATE LAWSUITS |
22/06/15 |
7ª VARA DE MG-BELO HORIZONTE |
|
1 |
MUNICIPAL LAWSUIT |
28/08/14 |
6ª VARA DE MG-BELO HORIZONTE |
|
1 |
FEDERAL LAWSUIT |
04/09/15 |
1ª VARA DE GO-ANÁPOLIS |
|
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 |
7.476 |
8.059 |
9.281 |
|
CLIENTS |
185.869 |
243.920 |
147.384 |
|
INVENTORY |
214.726 |
153.278 |
117.884 |
|
RECOVERABLE TAXES |
8.044 |
3.878 |
3.298 |
|
PRE PAID EXPENSES |
3.824 |
7.945 |
17.287 |
|
OTHER CREDITS |
6.343 |
3.074 |
2.997 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT ASSETS |
426.282 |
420.154 |
298.131 |
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
ADVANCE TO RELATED PARTIES |
6.893 |
9.050 |
7.566 |
|
RECOVERABLE TAXES |
39.793 |
15.704 |
14.630 |
|
DEFERRED TAXES |
4.974 |
|
|
|
OTHER CREDITS |
19.041 |
31.819 |
118 |
|
BANK ESCROW ACCOUNT |
4.261 |
9.109 |
31.166 |
|
PRE PAID EXPENSES |
353 |
293 |
292 |
|
ACCOUNTS RECEIVABLES |
3 |
152 |
15.166 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG-TERM RECEIVABLES |
75.318 |
66.127 |
68.938 |
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
FIXED ASSETS |
262.910 |
238.624 |
209.259 |
|
INTANGIBLE |
1.527 |
1.585 |
1.628 |
|
INVESTMENTS |
23.425 |
19.459 |
17.663 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL FIXED ASSETS |
287.862 |
259.668 |
228.550 |
|
|
================ |
================ |
================ |
|
TOTAL ASSETS |
789.462 |
745.949 |
595.619 |
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
SUPPLIERS |
42.863 |
49.762 |
39.572 |
|
LOANS AND FINANCING |
161.480 |
123.435 |
113.689 |
|
SOCIAL / LABOR OBLIGATIONS |
18.857 |
19.074 |
20.420 |
|
TRIBUTARY OBLIGATIONS |
15.128 |
17.115 |
15.322 |
|
OTHER DEBTS |
6.064 |
7.532 |
16.011 |
|
DIVIDENDS |
11.754 |
14.619 |
7.518 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT LIABILITIES |
256.146 |
231.537 |
212.532 |
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
LOANS AND FINANCING |
188.887 |
176.781 |
125.889 |
|
TAXES AND CONTRIBUTIONS |
4.326 |
5.712 |
8.239 |
|
OTHER |
|
6.677 |
4.228 |
|
DEFERRED TAXES |
|
5.948 |
444 |
|
ACCOUNTS PAYABLE |
10.199 |
|
1.455 |
|
PROVISION FOR CONTINGENCIES |
|
7.866 |
3.615 |
|
PROVISIONS |
3.484 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG TERM LIABILITIES |
206.896 |
202.984 |
143.870 |
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
68.808 |
68.808 |
68.808 |
|
REVALUATION RESERVES |
34.345 |
36.499 |
38.655 |
|
LEGAL RESERVES |
|
7.612 |
3.646 |
|
RESERVES/TAX INCENTIVES |
165.011 |
139.275 |
92.334 |
|
SUBVENTION RESERVES |
|
|
2.676 |
|
OTHER COMPREHENSIVE INCOME |
5.559 |
5.559 |
5.559 |
|
PROFIT RESERVES |
50.021 |
50.999 |
27.539 |
|
CAPITAL RESERVES |
2.676 |
2.676 |
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL NET EQUITY |
326.420 |
311.428 |
239.217 |
|
|
================ |
================ |
================ |
|
TOTAL LIABILITIES |
789.462 |
745.949 |
595.619 |
|
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 |
|
|
|
|
|
|
NET SALES |
500.299 |
561.526 |
366.862 |
|
(-) COST OF SOLD GOODS |
305.761 |
329.432 |
214.244 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS PROFIT |
194.538 |
232.094 |
152.618 |
|
OPERATING REVENUE (EXPENSE) |
-114.611 |
-88.705 |
-116.147 |
|
FINANCIAL REVENUE(EXPENSE) |
-48.743 |
-41.241 |
-32.927 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL PROFIT (LOSS) |
31.184 |
102.148 |
3.544 |
|
CONTRIBUTION/INCOME TAX |
-2.379 |
-22.836 |
1.333 |
|
|
---------------- |
---------------- |
---------------- |
|
NET PROFIT (LOSS) |
28.805 |
79.312 |
4.877 |
|
RATIOS: |
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
QUICK RATIO |
,83 |
|
1,15 |
|
,85 |
|
|
CURRENT RATIO |
1,66 |
|
1,81 |
|
1,40 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
2,69 |
TIMES |
2,30 |
TIMES |
2,49 |
TIMES |
|
DAYS' SALES IN RECEIVABLES |
133,75 |
DAYS |
156,38 |
DAYS |
144,63 |
DAYS |
|
INVENTORY TURNOVER |
1,42 |
TIMES |
2,15 |
TIMES |
1,82 |
TIMES |
|
ACCOUNTS PAYABLE PERIOD |
50,47 |
DAYS |
54,38 |
DAYS |
66,49 |
DAYS |
|
RETURN ON ASSETS |
,63 |
TIMES |
,75 |
TIMES |
,62 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
1,53 |
TIMES |
1,80 |
TIMES |
1,53 |
TIMES |
|
NET WORTH TIE-UP |
,81 |
|
,77 |
|
,87 |
|
|
INDEBTEDNESS |
1,42 |
|
1,40 |
|
1,49 |
|
|
EQUITY RATIO |
41,35 |
% |
41,75 |
% |
40,16 |
% |
|
WORKING CAPITAL RATIO |
66,42 |
% |
81,46 |
% |
40,28 |
% |
|
GENERAL SOLVENCY |
1,70 |
|
1,72 |
|
1,67 |
|
|
RETURN ON NET EQUITY |
8,82 |
% |
25,47 |
% |
2,04 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
5,76 |
% |
14,12 |
% |
1,33 |
% |
|
GROSS PROFIT MARGIN |
38,88 |
% |
41,33 |
% |
41,60 |
% |
|
OPERATIONAL RESULT |
6,23 |
% |
18,19 |
% |
,97 |
% |
|
SALES TURNOVER ON LIABILITIES |
1,95 |
TIMES |
2,43 |
TIMES |
1,73 |
TIMES |
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 3,73 |
- OFFICIAL RATE ON 27/11/2015 |
|
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 SOMEHOW HIGH BUT IT HAS GOOD LIQUIDITY RATIOS AND
POSITIVE WORKING CAPITAL, CONSIDERED SUFFICIENT TO COVER THE SHORT TERM
DEBTS. IN ADDITION, IT SHOWS DROP IN SALES AND POSTED PROFIT. |
|
REAL ESTATE: |
OWNED PREMISES ARE VALUED AT R$ 108.958.000,00
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$ 176.000,00
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS ARE VALUED AT R$ 117.633.000,00
|
NOT AVAILABLE. |
|
|
BRANCH/PHONE: |
|
|
BANCO DO BRASIL S/A |
3307-3 / 62 3216-5456 |
|
|
HSBC BANK BRASIL S/A BANCO MÚLTIPLO |
62 3311-1177 |
|
|
BANCO SAFRA S/A |
62 3235-4405 |
|
|
BANCO ITAÚ S/A |
62 3215-5466 |
|
|
BANCO SANTANDER (BRASIL) S/A |
62 3311-2244 |
|
|
BANCO SANTANDER (BRASIL) S/A |
62 3224-3300 |
|
|
BANCO INDUSTRIAL E COMERCIAL S/A - BICBANCO |
62 3224-3157 |
|
|
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 MANUFACTURE OF PHARMACEUTICALS THE SUBJECT HAS A HIGH CONTROL OF QUALITY. BEFORE ENTERING THE
PRODUCTION THE RAW MATERIALS IMPORTED FROM EUROPE ARE CHECKED AND STAY UNDER
OBSERVATION FOR 40 DAYS UNTIL THEY ARE ANALYZED BY THE TECHNICIANS, AFTER
THAT THEY ARE SENT TO THE PRODUCTION. EACH MEDICINE HAS DIFFERENT PROCEEDING. THE PILLS FOR INSTANCE HAVE
EVALUATION EACH 30 MINUTES. THE SUBJECT BROUGHT FROM EUROPE EQUIPMENTS SUITABLE TO CONTROL THE
TEMPERATURE AND THE HUMIDITY OF ITS AREAS. TEUTO IS DIVIDED INTO SEVEN SECTORS: SOLIDS, SEMI-SOLIDS, LIQUID
ORALS, INJECTION, ANTIBIOTICS, QUALITY CONTROL AND PHARMACY AND TECHNICAL
DEVELOPMENT. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
UNITED STATES, INDIA, SWITZERLAND, GERMANY AND ITALY. |
EXPORTS TO:
|
ANGOLA, ECUADOR, DOMINICAN REPUBLIC, MOZAMBIQUE AND IVORY COAST. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
|
PHONE: |
|
COMERCIAL BRUNELLI LTDA |
|
27 3521-2215 |
|
DIMEBEL DIST. MED. BEVILACOUA LTDA |
|
45 3224-2333 |
|
DISTRIBUIDORA FARM. PANARELLO LTDA. |
|
62 3257-7000 |
|
GAUCHAFARMA MEDICAMENTOS LTDA. |
|
51 3338-1566 |
|
IMP. E EXP. IRMÃOS TAKEDA LTDA |
|
92 3622-3535 |
|
INTERMED FARMACÊUTICA LTDA |
|
32 3215-6973 |
|
MARTINS COM. IMP. EXP. LTDA |
|
34 3218-1073 |
|
NORTE SUL MEDICAMENTOS LTDA |
|
62 3317-1888 |
|
PRESTOFARMA COML. IMP. E EXP. LTDA |
|
11 6110-9211 |
|
SAMALINS COM. REPRE. LTDA |
|
14 3522-5688 |
|
SB COMÉRCIO LTDA |
|
92 3643-3535 |
|
TAKEDA LTDA |
|
92 3622-3535 |
|
WW DIST. MEDIC. LTDA |
|
61 3399-8686 |
|
STAFF: |
|
|
|
THE COMPANY HAS: 2590 EMPLOYEE(S) |
|
THE SUBJECT IS AN OLD AND WELL-ESTABLISHED COMPANY OPERATING SINCE 1957.
IT HAS A HIGH SCALE OF ACTIVITIES, CLEAR TRADE HISTORY AND AN EXCELLENT
REPUTATION. 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.
NEVERTHELESS WE POINT OUT THAT THE SAID LAWSUITS DO NOT AFFECT THE COMPANY'S
TRADE REPUTATION. OUR INVESTIGATION THROUGH THE PUBLIC SHOWED SOME RELEVANT PROTESTS BUT
THEY DO NOT AFFECT THE COMPANY'S REPUTATION GIVEN ITS HIGH SCALE OF
ACTIVITIES. ACCORDING TO THE COMPANY SUCH PROTESTS ARE UNDUE AND THEY ARE
BEING DISPUTED ON COURT. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
|
PHONE: |
|
ALLPLAS LTDA |
|
11 4613-1000 |
|
CARTOGRAFIA FENIX LTDA |
|
31 3361-6199 |
|
CARTONAGEM ANAPOLINA LTDA. |
|
62 3316-1033 |
|
CIEL CONFIANÇA IMP E EXPORTAÇÃO |
|
21 3535-9550 |
|
COLORCON DO BRASIL LTDA. |
|
11 4612-4262 |
|
COMPANHIA IND. DE VIDROS |
|
11 3168-6766 |
|
GENIX INDUSTRIA FARMACÊUTICA LTDA (PURIFARMA) |
|
11 2067-5600 |
|
INDUKERN DO BRASIL |
|
11 3689-7665 |
|
ISP - INTERNACIONAL SPECIALITY PRODUCTS. |
|
11 3649-0452 |
|
PAYMENT HISTORY: |
|
29 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 4.186.890,00 |
|
|
|
AMOUNT OF INVOICES PAID: 467 |
|
TOTAL OF PROMPT PAYMENTS: 98,1% |
|
TOTAL OF DELAYED PAYMENTS: 1,9% |
|
|
|
HIGHEST INVOICE: R$ 121.999,00 |
|
HIGHEST CREDIT: R$ 121.999,00 |
|
|
|
OUTSTANDING
INVOICES DUE WITHIN THE NEXT 30 DAYS: |
|
--------------------------- |
SUPPLIERS: |
INVOICES: |
TOTAL AMOUNT: |
|
DUE WITHIN 30 DAYS |
3 |
7 |
R$ 18.117,67 |
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN BUSINESS FOR SEVERAL
YEARS. UP TO DATE IT HAS CLEAR TRADE HISTORY AND GOOD PAYMENT RECORD. BASED ON THE GENERAL 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 FINANCIAL STRENGTH. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.62 |
|
|
1 |
Rs.100.34 |
|
Euro |
1 |
Rs.70.67 |
|
BRL |
1 |
Rs. 17.79 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
ASH |
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.