MIRA INFORM REPORT
|
Report No. : |
352664 |
|
Report Date : |
10.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
DSM NUTRITIONAL PRODUCTS COLOMBIA SA |
|
|
|
|
Registered Office : |
Parque Industrial Tibitoc. Km 2,4 Vía Briceño-Zipaquirá costado
derecho Bodegas 41B y 42B |
|
|
|
|
Country : |
Colombia |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
29.11.2001 |
|
|
|
|
Legal Form : |
Sociedad Anonima |
|
|
|
|
Line of Business : |
Supplier of Vitamin, Powder premixes,
pharmaceuticals and products for animal nutrition. |
|
|
|
|
No. of Employee : |
64 |
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) |
|
Colombia |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
COLOMBIA - ECONOMIC OVERVIEW
Colombia's consistently sound economic policies and aggressive promotion of free trade agreements in recent years have bolstered its ability to weather external shocks. Real GDP has grown more than 4% per year for the past four years, continuing almost a decade of strong economic performance. All three major ratings agencies have upgraded Colombia's government debt to investment grade, which helped to attract record levels of investment in 2013 and 2014, mostly in the hydrocarbons sector. Colombia depends heavily on energy and mining exports, making it vulnerable to a drop in commodity prices. Colombia is the world's fourth largest coal exporter and Latin America's fourth largest oil producer. Economic development is stymied by inadequate infrastructure, inequality, poverty, narco-trafficking and an uncertain security situation. Moreover, the unemployment rate of 9.2% in 2014 is still one of Latin America's highest. The SANTOS Administration's foreign policy has focused on bolstering Colombia's commercial ties and boosting investment at home. Colombia has signed or is negotiating Free Trade Agreements (FTA) with more than a dozen countries; the US-Colombia FTA went into force on May 2012. Colombia is also a founding member of the Pacific Alliance - a regional grouping formed in 2012 by Chile, Colombia, Mexico, and Peru to promote regional trade and economic integration. In 2013, Colombia began its ascension process to the OECD. In 2014, Colombia passed a tax reform bill to offset the lost revenue from the global drop in oil prices. The SANTOS administration is also using tax reform to help finance implementation of a peace deal, in the event FARC and the government reach an agreement in 2015. Colombian officials estimate a peace deal may bolster economic growth by almost 2%.
|
Source
: CIA |
COMPANY
SUMMARY
|
IDENTIFICATION |
|||
|
Ordered as: |
DSM
NUTRITIONAL PRODUCTS COLOMBIA SA |
||
|
Address in the order: |
Par Que ind Tibitoc Bodegas 41 By 42 B KM 2
4 Via Brice no 7 Paquira |
||
|
|
|
||
|
Legal Name: |
DSM NUTRITIONAL PRODUCTS COLOMBIA SA |
||
|
Legal Address |
Parque Industrial Tibitoc. Km 2,4 Vía
Briceño-Zipaquirá costado derecho Bodegas 41B y 42B |
||
|
Postal Town |
Tocancipa |
||
|
Post Code |
N.A. |
||
|
Primary Geographic Area |
Cundinamarca |
||
|
Country |
CO |
||
|
Operative Address |
Parque Industrial Tibitoc. Km 2,4 Vía Briceño-Zipaquirá costado derecho Bodegas 41B y 42B – Tocancipá -
Cundinamarca Colombia |
||
|
Telephone: |
+57 1 5873540 / 57 318 8271143 |
NIT : |
830095169-4 |
|
Fax: |
+57 1 635 7784 |
Legal Form: |
Sociedad Anonima |
|
Email: |
america-latina.dnp@dsm.com |
Registered in: |
CO |
|
Website: |
www.dsm.com |
Date Created: |
2001 |
|
Manager: |
PINTO LINARES SORAYA EUGENIA, Manager |
Date Incorporated: |
November 29th 2001 |
|
Staff: |
64 |
Stock: |
N.A. |
|
|
|
Value: |
N.A. |
|
Activity: |
Supplier of Vitamin,
Powder premixes, pharmaceuticals and
products for animal nutrition. |
||
DIRECTORS/MANAGEMENT
|
Management: |
|
|
|
General Manager PINTO LINARES SORAYA EUGENIA C.C. 51938892 Manager CARRILLO CAICEDO WILSON OSWALDO C.C. 80373219 Legal Representative OSORIO VILLAMIZAR MARTIN ORLANDO C.C. 79278053 Mr. Daniel Hernandez, Accounts
Department |
NEGATIVE
INFORMATION
|
Legal Filings |
|
The sources consulted record no
detrimental legal or labor court information. |
SHARE
& SHARE CAPITAL INFORMATION
|
Shareholders - RELATED COMPANIES |
|
|
Listed at the stock exchange: |
|
|
|
NO |
Shareholders Parent Company(ies):
This is a private company and it is subsidiary of DSM
Nutritional Products AG .
It is a company established at Wurmisweg 576, CH-4303
Kaiseraugst, Switzerland.
The company is registered in the Trade Register of the
Canton of Aargau (Handelsregister des Kantons Aargau), Switzerland, under the
number CHE-102.267.951.
Ultimate parent company is Koninklijke DSM N.V.
(DSM:Euronext Amsterdam)
PAYMENT
INFORMATION
|
Clients: |
|
|
|
Their clients are companies in general
related to the animal nutrition market. |
|
The company imports from
Switzerland. |
|
|
The company exports to Peru, Ecuador,
Venezuela, Mexico, among others. |
|
|
Trade References: |
|
|
|
Despite our research we could not
get information about local suppliers to confirm the trade references. |
|
PAYMENTS |
|
|
|
made on a 60 days basis -
monitored over the last 12 months |
|
DEBT COLLECTIONS AND PAYMENTS |
|
|
Public |
NO |
|
Payments |
No complaints |
GROUP
STRUCTURE & AFFILIATED COMPANIES
|
RELATED COMPANIES: |
|
|
|
DSM Nutritional Products Argentina S.A. DSM Nutritional Products Costa Rica SA DSM Nutritional Products Chile S.A. DSM Produtos Nutricionais Brasil Ltda. DSM Nutritional Products
Interamerica S.A. Among many others. |
FINANCIAL
INFORMATION
|
FINANCIALS - COMMERCIAL TRENDS
AND FORECAST |
|
As a private company the
subject does not publish any financial statements. |
|
Mr. Daniel Hernandez (accounts dept.),
refused to provide/confirm information for this report on grounds of
confidentiality. |
|
However our financial sources
could provide us with the following data (estimates): The financial figures are
consolidated with those of the parent company. |
|
Currency |
DATE |
|
COP |
2014 |
|
Turnover |
85 591 481 000 |
|
Operating Income |
4 741 033 000 |
|
Net Income |
1 185 107 000 |
|
Current Assets |
47 373 345 000 |
|
Non-Current Assets |
15 176 189 000 |
|
Net worth |
20 080 210 000 |
|
Liabilities |
42 469 324 000 |
|
The cash flow is |
Normal |
|
Currency |
DATE |
|
COP |
2013 |
|
Turnover |
72 550 767 000 |
|
Operating Income |
1 884 496 000 |
|
Net Income |
(410 395 000) |
|
Current Assets |
37 585 852 000 |
|
Non-Current Assets |
14 960 390 000 |
|
Net worth |
18 738 153 000 |
|
Liabilities |
33 808 089 000 |
|
The cash flow is |
Normal |
Comments on the financial data: The financial
statements are provided to us in local language, and we cannot provide a full
translation.
For a better approach we have transcribed the main financial figures above.
Also find enclosed the consolidated financial figures published by the parent
company.
FINANCIAL
SUMMARY
|
|
|
Profitability |
CORRECT |
|
Indebtedness |
HIGH |
|
Cash |
Normal |
Koninklijke Dsm NV
Financial
Statements
Income statement –
Annual data
|
Currency in |
As
of: |
Dec
31 |
Dec
31 |
Dec
31 |
Dec
31 |
|
Revenues |
9,048.0 |
8,588.0 |
8,858.0 |
9,181.0 |
|
|
TOTAL
REVENUES |
9,048.0 |
8,588.0 |
8,858.0 |
9,181.0 |
|
|
Cost
Of Goods Sold |
6,479.0 |
6,220.0 |
6,400.0 |
6,778.0 |
|
|
GROSS
PROFIT |
2,569.0 |
2,368.0 |
2,458.0 |
2,403.0 |
|
|
Selling General &
Admin Expenses, Total |
1,356.0 |
1,396.0 |
1,430.0 |
1,504.0 |
|
|
R&D
Expenses |
378.0 |
372.0 |
340.0 |
322.0 |
|
|
Other
Operating Expenses |
-7.0 |
60.0 |
-37.0 |
-25.0 |
|
|
OTHER
OPERATING EXPENSES, TOTAL |
1,727.0 |
1,828.0 |
1,733.0 |
1,801.0 |
|
|
OPERATING
INCOME |
842.0 |
540.0 |
725.0 |
602.0 |
|
|
Interest
Expense |
-99.0 |
-102.0 |
-109.0 |
-113.0 |
|
|
Interest
And Investment Income |
18.0 |
12.0 |
3.0 |
13.0 |
|
|
NET
INTEREST EXPENSE |
-81.0 |
-90.0 |
-106.0 |
-100.0 |
|
|
Income (Loss) On Equity
Investments |
3.0 |
2.0 |
15.0 |
-59.0 |
|
|
Currency
Exchange Gains (Loss) |
-13.0 |
-11.0 |
-11.0 |
1.0 |
|
|
Other Non-Operating
Income (Expenses) |
-1.0 |
1.0 |
-4.0 |
2.0 |
|
|
EBT,
EXCLUDING UNUSUAL ITEMS |
750.0 |
442.0 |
619.0 |
446.0 |
|
|
Merger
& Restructuring Charges |
-56.0 |
-- |
-- |
-- |
|
|
Gain (Loss) On Sale Of
Investments |
144.0 |
-1.0 |
-9.0 |
-9.0 |
|
|
Gain (Loss) On Sale Of
Assets |
137.0 |
-4.0 |
-142.0 |
32.0 |
|
|
Other
Unusual Items, Total |
-14.0 |
-80.0 |
-131.0 |
-360.0 |
|
|
Insurance
Settlements |
14.0 |
8.0 |
11.0 |
3.0 |
|
|
Legal
Settlements |
-10.0 |
-11.0 |
-- |
-- |
|
|
Other
Unusual Items |
-8.0 |
-77.0 |
-124.0 |
-363.0 |
|
|
EBT,
INCLUDING UNUSUAL ITEMS |
961.0 |
357.0 |
337.0 |
109.0 |
|
|
Income
Tax Expense |
122.0 |
57.0 |
77.0 |
8.0 |
|
|
Minority
Interest In Earnings |
-46.0 |
-10.0 |
2.0 |
46.0 |
|
|
Earnings
From Continuing Operations |
839.0 |
300.0 |
260.0 |
101.0 |
|
|
EARNINGS
FROM DISCOUNTINUED OPERATIONS |
21.0 |
-12.0 |
9.0 |
-2.0 |
|
|
NET
INCOME |
814.0 |
278.0 |
271.0 |
145.0 |
|
|
NET INCOME TO COMMON
INCLUDING EXTRA ITEMS |
804.0 |
268.0 |
261.0 |
135.0 |
|
|
NET INCOME TO COMMON
EXCLUDING EXTRA ITEMS |
783.0 |
280.0 |
252.0 |
137.0 |
|
Income statement – Quarterly
data
|
Currency in |
As
of: |
Dec
31 |
Mar
31 |
Jun
30 |
Sep
30 |
|
Revenues |
2,374.0 |
1,886.0 |
1,965.0 |
1,945.0 |
|
|
TOTAL
REVENUES |
2,374.0 |
1,886.0 |
1,965.0 |
1,945.0 |
|
|
Cost
Of Goods Sold |
2,086.0 |
1,638.0 |
1,686.0 |
1,658.0 |
|
|
GROSS
PROFIT |
288.0 |
248.0 |
279.0 |
287.0 |
|
|
Depreciation
& Amortization, Total |
163.0 |
117.0 |
122.0 |
116.0 |
|
|
OTHER
OPERATING EXPENSES, TOTAL |
163.0 |
117.0 |
122.0 |
116.0 |
|
|
OPERATING
INCOME |
125.0 |
131.0 |
157.0 |
171.0 |
|
|
Interest
Expense |
-29.0 |
-52.0 |
-35.0 |
-28.0 |
|
|
NET
INTEREST EXPENSE |
-29.0 |
-52.0 |
-35.0 |
-28.0 |
|
|
Income (Loss) On Equity
Investments |
-8.0 |
-6.0 |
5.0 |
-17.0 |
|
|
EBT,
EXCLUDING UNUSUAL ITEMS |
88.0 |
73.0 |
127.0 |
126.0 |
|
|
Other
Unusual Items, Total |
-297.0 |
-22.0 |
-44.0 |
-82.0 |
|
|
Other
Unusual Items |
-297.0 |
-22.0 |
-25.0 |
-56.0 |
|
|
EBT,
INCLUDING UNUSUAL ITEMS |
-209.0 |
51.0 |
83.0 |
44.0 |
|
|
Income
Tax Expense |
-55.0 |
9.0 |
10.0 |
9.0 |
|
|
Minority
Interest In Earnings |
40.0 |
2.0 |
1.0 |
-- |
|
|
Earnings
From Continuing Operations |
-154.0 |
42.0 |
73.0 |
35.0 |
|
|
EARNINGS
FROM DISCOUNTINUED OPERATIONS |
7.0 |
-114.0 |
25.0 |
1.0 |
|
|
NET
INCOME |
-107.0 |
-70.0 |
99.0 |
36.0 |
|
|
NET INCOME TO COMMON
INCLUDING EXTRA ITEMS |
-109.0 |
-73.0 |
97.0 |
33.0 |
|
|
NET INCOME TO COMMON
EXCLUDING EXTRA ITEMS |
-116.0 |
41.0 |
72.0 |
32.0 |
|
Balance sheet – Annual data
|
Currency in |
As
of: |
Dec
31 |
Dec
31 |
Dec
31 |
Dec
31 |
|
Assets |
|
|
|
|
|
|
Cash
And Equivalents |
2,058.0 |
1,121.0 |
770.0 |
669.0 |
|
|
Short-Term
Investments |
89.0 |
12.0 |
19.0 |
6.0 |
|
|
TOTAL CASH AND SHORT TERM
INVESTMENTS |
2,147.0 |
1,133.0 |
789.0 |
675.0 |
|
|
Accounts
Receivable |
1,551.0 |
1,569.0 |
1,477.0 |
1,570.0 |
|
|
Notes
Receivable |
11.0 |
41.0 |
45.0 |
30.0 |
|
|
Other
Receivables |
133.0 |
184.0 |
69.0 |
161.0 |
|
|
TOTAL
RECEIVABLES |
1,695.0 |
1,794.0 |
1,591.0 |
1,761.0 |
|
|
Inventory |
1,573.0 |
1,803.0 |
1,638.0 |
1,739.0 |
|
|
Other
Current Assets |
89.0 |
111.0 |
769.0 |
92.0 |
|
|
TOTAL
CURRENT ASSETS |
5,504.0 |
4,841.0 |
4,787.0 |
4,267.0 |
|
|
Gross Property Plant
And Equipment |
7,651.0 |
8,265.0 |
7,420.0 |
8,175.0 |
|
|
Accumulated
Depreciation |
-4,246.0 |
-4,454.0 |
-3,809.0 |
-4,502.0 |
|
|
NET PROPERTY PLANT AND
EQUIPMENT |
3,405.0 |
3,811.0 |
3,611.0 |
3,673.0 |
|
|
Goodwill |
1,112.0 |
1,888.0 |
1,660.0 |
1,788.0 |
|
|
Long-Term
Investments |
82.0 |
82.0 |
341.0 |
806.0 |
|
|
Deferred Tax Assets,
Long Term |
292.0 |
340.0 |
364.0 |
427.0 |
|
|
Deferred
Charges, Long Term |
18.0 |
45.0 |
35.0 |
41.0 |
|
|
Other
Intangibles |
674.0 |
905.0 |
1,030.0 |
1,079.0 |
|
|
Other
Long-Term Assets |
70.0 |
54.0 |
71.0 |
45.0 |
|
|
TOTAL
ASSETS |
11,157.0 |
11,966.0 |
11,899.0 |
12,126.0 |
|
|
|
|
|
|
||
|
LIABILITIES
& EQUITY |
|
|
|
|
|
|
Accounts
Payable |
1,319.0 |
1,412.0 |
1,263.0 |
1,355.0 |
|
|
Accrued
Expenses |
124.0 |
452.0 |
409.0 |
369.0 |
|
|
Short-Term
Borrowings |
145.0 |
506.0 |
303.0 |
583.0 |
|
|
Current Portion Of
Long-Term Debt/Capital Lease |
266.0 |
430.0 |
721.0 |
918.0 |
|
|
Current Portion Of
Capital Lease Obligations |
4.0 |
1.0 |
-- |
-- |
|
|
Current
Income Taxes Payable |
42.0 |
55.0 |
39.0 |
27.0 |
|
|
Other
Current Liabilities, Total |
530.0 |
263.0 |
461.0 |
265.0 |
|
|
Unearned
Revenue, Current |
29.0 |
41.0 |
9.0 |
6.0 |
|
|
TOTAL
CURRENT LIABILITIES |
2,455.0 |
3,159.0 |
3,205.0 |
3,523.0 |
|
|
Long-Term
Debt |
2,026.0 |
1,919.0 |
1,724.0 |
1,637.0 |
|
|
Capital
Leases |
3.0 |
3.0 |
1.0 |
-- |
|
|
Minority
Interest |
190.0 |
168.0 |
188.0 |
213.0 |
|
|
Unearned
Revenue, Non-Current |
10.0 |
49.0 |
42.0 |
42.0 |
|
|
Pension & Other
Post-Retirement Benefits |
360.0 |
433.0 |
365.0 |
522.0 |
|
|
Deferred Tax Liability
Non-Current |
192.0 |
236.0 |
375.0 |
365.0 |
|
|
Other
Non-Current Liabilities |
137.0 |
125.0 |
91.0 |
101.0 |
|
|
TOTAL
LIABILITIES |
5,183.0 |
5,924.0 |
5,803.0 |
6,190.0 |
|
|
Common
Stock |
338.0 |
338.0 |
338.0 |
338.0 |
|
|
Additional
Paid In Capital |
489.0 |
489.0 |
489.0 |
489.0 |
|
|
Retained
Earnings |
5,281.0 |
5,293.0 |
5,327.0 |
5,201.0 |
|
|
Treasury
Stock |
-686.0 |
-479.0 |
-294.0 |
-349.0 |
|
|
Comprehensive
Income And Other |
362.0 |
233.0 |
48.0 |
44.0 |
|
|
TOTAL
COMMON EQUITY |
5,784.0 |
5,874.0 |
5,908.0 |
5,723.0 |
|
|
TOTAL
EQUITY |
5,974.0 |
6,042.0 |
6,096.0 |
5,936.0 |
|
|
TOTAL
LIABILITIES AND EQUITY |
11,157.0 |
11,966.0 |
11,899.0 |
12,126.0 |
|
Balance sheet – Quarterly data
|
Currency in |
As of: |
Dec 31 |
Mar 31 |
Jun 30 |
Sep 30 |
|
Assets |
|
|
|
|
|
|
Cash And Equivalents |
669.0 |
765.0 |
553.0 |
1,314.0 |
|
|
Short-Term Investments |
6.0 |
6.0 |
6.0 |
8.0 |
|
|
TOTAL CASH AND
SHORT TERM INVESTMENTS |
675.0 |
771.0 |
559.0 |
1,322.0 |
|
|
Accounts Receivable |
1,570.0 |
1,516.0 |
1,493.0 |
1,418.0 |
|
|
Notes Receivable |
30.0 |
-- |
-- |
-- |
|
|
Other Receivables |
161.0 |
226.0 |
182.0 |
215.0 |
|
|
TOTAL RECEIVABLES |
1,761.0 |
1,742.0 |
1,675.0 |
1,633.0 |
|
|
Inventory |
1,739.0 |
1,736.0 |
1,716.0 |
1,631.0 |
|
|
Other Current Assets |
92.0 |
1,284.0 |
1,261.0 |
57.0 |
|
|
TOTAL CURRENT ASSETS |
4,267.0 |
5,533.0 |
5,211.0 |
4,643.0 |
|
|
Gross Property
Plant And Equipment |
8,175.0 |
-- |
-- |
-- |
|
|
Accumulated Depreciation |
-4,502.0 |
-- |
-- |
-- |
|
|
NET PROPERTY
PLANT AND EQUIPMENT |
3,673.0 |
3,311.0 |
3,263.0 |
3,094.0 |
|
|
Goodwill |
1,788.0 |
-- |
-- |
-- |
|
|
Long-Term Investments |
806.0 |
917.0 |
752.0 |
984.0 |
|
|
Deferred Tax
Assets, Long Term |
427.0 |
418.0 |
393.0 |
410.0 |
|
|
Deferred Charges, Long Term |
41.0 |
-- |
-- |
-- |
|
|
Other Intangibles |
1,079.0 |
3,101.0 |
3,051.0 |
3,228.0 |
|
|
Other Long-Term Assets |
45.0 |
-- |
-- |
-- |
|
|
TOTAL ASSETS |
12,126.0 |
13,280.0 |
12,670.0 |
12,359.0 |
|
|
|
|
|
|
||
|
LIABILITIES & EQUITY |
|
|
|
|
|
|
Accounts Payable |
1,355.0 |
1,150.0 |
1,109.0 |
1,114.0 |
|
|
Accrued Expenses |
369.0 |
41.0 |
41.0 |
46.0 |
|
|
Short-Term Borrowings |
583.0 |
-- |
-- |
-- |
|
|
Current Portion
Of Long-Term Debt/Capital Lease |
918.0 |
1,401.0 |
889.0 |
869.0 |
|
|
Current Income Taxes Payable |
27.0 |
-- |
-- |
-- |
|
|
Other Current Liabilities, Total |
265.0 |
1,823.0 |
1,560.0 |
1,082.0 |
|
|
Unearned Revenue, Current |
6.0 |
-- |
-- |
-- |
|
|
TOTAL CURRENT LIABILITIES |
3,523.0 |
4,415.0 |
3,599.0 |
3,111.0 |
|
|
Long-Term Debt |
1,637.0 |
1,649.0 |
2,144.0 |
2,556.0 |
|
|
Minority Interest |
213.0 |
233.0 |
231.0 |
91.0 |
|
|
Unearned Revenue, Non-Current |
42.0 |
-- |
-- |
-- |
|
|
Pension &
Other Post-Retirement Benefits |
522.0 |
457.0 |
455.0 |
431.0 |
|
|
Deferred Tax
Liability Non-Current |
365.0 |
395.0 |
376.0 |
351.0 |
|
|
Other Non-Current Liabilities |
101.0 |
175.0 |
179.0 |
357.0 |
|
|
TOTAL LIABILITIES |
6,190.0 |
7,091.0 |
6,753.0 |
6,806.0 |
|
|
Common Stock |
338.0 |
5,956.0 |
5,686.0 |
5,462.0 |
|
|
Additional Paid In Capital |
489.0 |
-- |
-- |
-- |
|
|
Retained Earnings |
5,201.0 |
-- |
-- |
-- |
|
|
Treasury Stock |
-349.0 |
-- |
-- |
-- |
|
|
Comprehensive Income And Other |
44.0 |
-- |
-- |
-- |
|
|
TOTAL COMMON EQUITY |
5,723.0 |
5,956.0 |
5,686.0 |
5,462.0 |
|
|
TOTAL EQUITY |
5,936.0 |
6,189.0 |
5,917.0 |
5,553.0 |
|
|
TOTAL LIABILITIES AND EQUITY |
12,126.0 |
13,280.0 |
12,670.0 |
12,359.0 |
|
DSM Nutritional Products Colombia S.A. -
Financial Statements 2014 - In thousands of COP
|
NIT |
RAZON SOCIAL |
41
INGRESOS OPERA CIONALES |
61 MENOS
COSTO DE VENTAS Y DE PRESTACION DE SERVICIOS |
UTILIDAD BRUTA |
|
830095169 |
DSM
NUTRITIONAL PRODUCTS COLOMBIA S.A. |
85591481 |
66936848 |
18654633 |
|
|
|
|
|
|
|
NIT |
RAZON SOCIAL |
CIIU V4a.C |
DESCRIPCION CIIU |
SECTOR |
|
830095169 |
DSM
NUTRITIONAL PRODUCTS COLOMBIA S.A. |
C3290 |
Otras industrias manufactureras n.c.p. |
OTRAS INDUSTRIAS MANUFACTURERAS |
|
51 MENOS GASTOS OPERACIONALES DE ADMINISTRACION |
52 MENOS GASTOS OPERACIONALES DE VENTAS |
UTILIDAD OPERACIONAL |
42 MAS INGRESOS NO OPERACIONALES |
53 MENOS GASTOS NO OPERACIONALES |
|
7297155 |
6616445 |
4741033 |
2962486 |
6041111 |
|
|
|
|
|
|
|
DEPARTAMENTO |
1105 CAJA |
1110 BANCOS |
1115 REMESAS EN TRANSITO |
1120 CUENTAS DE AHORRO |
|
CUNDINAMARCA |
2670 |
1747729 |
|
|
|
UTILIDAD ANTES DE IMPUESTOS |
47
AJUSTES POR INFLACION |
54
MENOS IMPUESTO DE RENTA Y COMPLEMENTARIOS |
59
GANANCIAS Y PERDIDAS |
|
|
|
1662408 |
|
477301 |
1185107 |
|
|
|
|
|
|
|
|
|
|
1125
FONDOS |
11 SUBTOTAL
DISPONIBLE |
12
INVERSIONES |
1305
CLIENTES |
1310
CUENTAS CORRIENTES COMERCIALES CP |
1315
CUENTAS POR COBRAR A CASA MATRIZ CP |
|
|
1750399 |
0 |
18033587 |
2244227 |
0 |
|
1320
CUENTAS POR COBRAR A VINCULADOS ECONOMICOS CP |
1323
CUENTAS POR COBRAR A DIRECTORES CP |
1325
CUENTAS POR COBRAR A SOCIOS Y ACCIONISTAS CP |
1328
APORTES POR COBRAR CP |
1330
ANTICIPOS Y AVANCES CP |
|
0 |
0 |
0 |
0 |
6409 |
|
1332
CUENTAS DE OPERACION CONJUNTA CP |
1335
DEPOSITOS CP |
1340
PROMESAS DE COMPRAVENTA CP |
1345
INGRESOS POR COBRAR CP |
1350
RETENCION SOBRE CONTRATOS CP |
|
0 |
0 |
0 |
0 |
0 |
|
1355
ANTICIPO DE IMPTOS Y CONTRIB O SALDOS A FAVOR CP |
1360
RECLAMACIONES CP |
1365
CUENTAS POR COBRAR A TRABAJADORES CP |
1370
PRESTAMOS A PARTICULARES CP |
|
5527222 |
0 |
817653 |
0 |
|
1380
DEUDORES VARIOS CP |
1385
DERECHOS DE RECOMP DE CART NEGOCIADA CP |
1390
DEUDAS DE DIFICIL COBRO CP |
1399
PROVISIONES CP |
13
SUBTOTAL DEUDORES CP |
1405
MATERIAS PRIMAS |
|
0 |
0 |
0 |
228237 |
26400861 |
2681402 |
|
1410
PRODUCTOS EN PROCESO |
1415
OBRAS DE CONSTRUC EN CURSO |
1417
OBRAS DE URBANISMO |
1420
CONTRATOS EN EJECUCION CP |
1425
CULTIVOS EN DESARROLLO CP |
|
115702 |
0 |
0 |
|
|
|
1428
PLANTACIONES AGRICOLAS CP |
1430
PRODUCTOS TERMINADOS |
1435
MERCANCIAS NO FABRICADAS POR LA EMPRESA |
1440
BIENES RAICES PARA LA VENTA |
1445
SEMOVIENTES CP |
1450
TERRENOS |
|
|
2313873 |
7939179 |
0 |
|
0 |
|
1455
MATERIALES REPUESTOS Y ACCESORIOS CP |
1460
ENVASES Y EMPAQUES CP |
1465
INVENTARIOS EN TRANSITO CP |
1499
PROVISIONES CP |
14
SUBTOTAL INVENTARIOS CP |
|
|
158642 |
5748743 |
394 |
18957147 |
|
1705
GASTOS PAGADOS POR ANTICIPADO CP |
1710
CARGOS DIFERIDOS CP |
1715
COSTOS DE EXPLORACION POR AMORTIZAR CP |
1720
COSTOS DE EXPLOTACION Y DESARROLLO CP |
1730
CARGOS POR CORRECCION MONETARIA DIFERIDA CP |
1798
AMORTIZACION ACUMULADA CP |
17
SUBTOTAL DIFERIDO CP |
|
23215 |
241723 |
|
|
|
|
264938 |
|
TOTAL ACTIVO CORRIENTE |
12
INVERSIONES |
1305
CLIENTES |
1310
CUENTAS CORRIENTES COMERCIALES |
1315
CUENTAS POR COBRAR A CASA MATRIZ |
|
47373345 |
0 |
0 |
0 |
0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1320
CUENTAS POR COBRAR A VINCULADOS ECONOM |
1323
CUENTAS POR COBRAR A DIRECTORES |
1325
CUENTAS POR COBRAR A SOCIOS Y ACCIONISTAS |
1330
ANTICIPOS Y AVANCES |
1332
CUENTAS DE OPERACION CONJUNTA |
1335
DEPOSITOS |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
1340
PROMESAS DE COMPRAVENTA |
1345
INGRESOS POR COBRAR |
1350
RETENCION SOBRE CONTRATOS |
1355
ANTICIPO DE IMPTOS Y CONTRIB O SALDOS A FAVOR |
1360
RECLAMACIONES |
1365
CUENTAS POR COBRAR A TRABAJADORES |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
1370
PRESTAMOS A PARTICULARES |
1380
DEUDORES VARIOS |
1385
DERECHOS DE RECOMP DE CART NEGOCIADA |
1390
DEUDAS DE DIFICIL COBRO |
1399
PROVISIONES |
13
SUBTOTAL DEUDORES A LARGO PLAZO |
|
0 |
0 |
0 |
0 |
0 |
0 |
|
15
PROPIEDADES PLANTA Y EQUIPO |
1605
CREDITO MERCANTIL |
1610
MARCAS |
1615
PATENTES |
1620
CONCESIONES Y FRANQUICIAS |
1625
DERECHOS |
|
12493416 |
|
|
|
|
|
|
1630
KNOW HOW |
1635
LICENCIAS |
1698
AMORTIZACION ACUMULADA |
1699
PROVISIONES |
16
SUBTOTAL INTANGIBLES |
1705
GASTOS PAGADOS POR ANTICIPADO |
|
|
|
|
|
0 |
|
|
1710
CARGOS DIFERIDOS |
1715
COSTOS DE EXPLORACION POR AMORTIZAR |
1720
COSTOS DE EXPLOTACION Y DESARROLLO |
1730
CARGOS POR CORRECCION MONETARIA DIFERIDA |
|
388 |
|
|
|
|
1798
AMORTIZACION ACUMULADA |
17
SUBTOTAL DIFERIDOS |
1805
BIENES DE ARTE Y CULTURA |
1895
DIVERSOS |
1899
PROVISIONES |
18
SUBTOTAL OTROS ACTIVOS |
|
|
388 |
|
|
|
0 |
|
1905
DE INVERSIONES |
1910
DE PROPIEDADES PLANTA Y EQUIPO |
1995
DE OTROS ACTIVOS |
19
SUBTOTAL VALORIZACIONES |
TOTAL ACTIVO NO CORRIENTE |
TOTAL ACTIVO |
|
|
2682385 |
|
2682385 |
15176189 |
62549534 |
|
21
OBLIGACIONES FINANCIERAS CP |
22
PROVEEDORES CP |
2305
CUENTAS CORRIENTES COMERCIALES CP |
2310
A CASA MATRIZ CP |
2315
A COMPANNIAS VINCULADAS CP |
2320
A CONTRATISTAS CP |
|
0 |
30463947 |
|
|
|
|
|
2330
ORDENES DE COMPRA POR UTILIZAR CP |
2335
COSTOS Y GASTOS POR PAGAR CP |
2340
INSTALAMENTOS POR PAGAR CP |
2345
ACREEDORES OFICIALES CP |
2350
REGALIAS POR PAGAR CP |
2355
DEUDAS CON ACCIONISTAS O SOCIOS CP |
|
|
33244 |
|
|
|
|
|
2357
DEUDAS CON DIRECTORES CP |
2360
DIVIDENDOS O PARTICIPACIONES POR PAGAR CP |
2365
RETENCION EN LA FUENTE CP |
2367
IMPUESTO A LAS VENTAS RETENIDO CP |
2368
IMPUESTO DE INDUSTRIA Y COMERCIO RETENIDO CP |
2370
RETENCIONES Y APORTES DE NOMINA CP |
|
|
|
241280 |
23845 |
2724 |
|
|
2375
CUOTAS POR DEVOLVER |
2380
ACREEDORES CP |
23 SUBTOTAL
CUENTAS POR PAGAR CP |
24
IMPUESTOS GRAVAMENES Y TASAS CP |
25
OBLIGACIONES LABORALES CP |
2605
PARA COSTOS Y GASTOS CP |
|
|
|
301093 |
438643 |
596540 |
59759 |
|
2610
PARA OBLIGACIONES LABORALES CP |
2615
PARA OBLIGACIONES FISCALES CP |
2620
PENSIONES DE JUBILACION CP |
2625
PARA OBRAS DE URBANISMO CP |
|
609342 |
|
0 |
|
|
2630
PARA MANTENIMIENTO Y REPARACIONES CP |
2635
PARA CONTINGENCIAS CP |
2640
PARA OBLIGACIONES DE GARANTIAS CP |
2695
PROVISIONES DIVERSAS CP |
26
SUBTOTAL PASIVOS ESTIMAD Y PROVIS CP |
27
DIFERIDOS CP |
2805
ANTICIPOS Y AVANCES RECIBIDOS CP |
|
|
|
|
|
669101 |
|
|
|
2810
DEPOSITOS RECIBIDOS CP |
2815
INGRESOS RECIBIDOS PARA TERCEROS CP |
2820
CUENTAS DE OPERACION CONJUNTA CP |
2825
RETENCIONES A TERCEROS SOBRE CONTRATOS |
2830
EMBARGOS JUDICIALES CP |
2835
ACREEDORES DEL SISTEMA CP |
2840
CUENTAS EN PARTICIPACION CP |
|
|
|
|
|
|
|
|
|
2895
DIVERSOS CP |
28 SUBTOTAL
OTROS PASIVOS CP |
2905
BONOS EN CIRCULACION CP |
2910
BONOS OBLIGATOR CONVERTIBLES EN ACCIONES CP |
2915
PAPELES COMERCIALES CP |
2920
BONOS PENSIONALES CP |
2925
TITULOS PENSIONALES CP |
|
|
0 |
|
|
|
0 |
0 |
|
29 SUBTOTAL
BONOS Y PAPELES COMERCIA CP |
TOTAL PASIVO CORRIENTE |
21
OBLIGACIONES FINANCIERAS |
22
PROVEEDORES LP |
2305
CUENTAS CORRIENTES COMERCIALES |
2310
A CASA MATRIZ |
2315
A COMPANNIAS VINCULADAS |
|
0 |
32469324 |
10000000 |
0 |
|
|
|
|
2320
A CONTRATISTAS |
2335
COSTOS Y GASTOS POR PAGAR |
2345
ACREEDORES OFICIALES |
2350
REGALIAS POR PAGAR |
2355
DEUDAS CON ACCIONISTAS O SOCIOS |
2357
DEUDAS CON DIRECTORES |
2360
DIVIDENDOS O PARTICIPACIONES POR PAGAR |
|
|
|
|
|
|
|
|
|
2375
CUOTAS POR DEVOLVER |
2380
ACREEDORES VARIOS |
2a3
SUBTOTAL CUENTAS POR PAGAR |
24
IMPUESTOS GRAVAMENES Y TASAS LP |
25
OBLIGACIONES LABORALES |
2605
PARA COSTOS Y GASTOS |
2610
PARA OBLIGACIONES LABORALES |
|
|
|
0 |
|
|
|
|
|
2615
PARA OBLIGACIONES FISCALES |
2620
PENSIONES DE JUBILACION LP |
2625
PARA OBRAS DE URBANISMO |
2635
PARA CONTINGENCIAS |
2640
PARA OBLIGACIONES DE GARANTIAS |
2695
PROVISIONES DIVERSAS |
|
|
0 |
|
|
|
|
|
26
SUBTOTAL PASIVOS ESTIMAD Y PROVIS |
2705
INGRESOS RECIBIDOS POR ANTICIPADO |
2710
ABONOS DIFERIDOS |
2715
UTILIDAD DIFERIDA EN VENTAS A PLAZOS |
2720
CREDITO POR CORRECCION MONETARIA DIFERIDA |
2725
IMPUESTOS DIFERIDOS |
27
SUBTOTAL DIFERIDOS |
|
0 |
|
|
|
|
|
0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2805
AVANCES Y ANTICIPOS RECIBIDOS |
2810
DEPOSITOS RECIBIDOS |
2815
INGRESOS RECIBIDOS PARA TERCEROS |
2820
CUENTAS DE OPERACION CONJUNTA |
2825
RETENCIONES A TERCEROS SOBRE CONTRATOS |
2835
ACREEDORES DEL SISTEMA LP |
|
|
|
|
|
|
|
|
2840
CUENTAS EN PARTICIPACION |
2895
DIVERSOS |
28
SUBTOTAL OTROS PASIVOS |
2905
BONOS EN CIRCULACION |
2910
BONOS OBLIGATOR CONVERTIBLES EN ACCIONES |
2915
PAPELES COMERCIALES |
|
|
|
0 |
|
|
|
|
2920
BONOS PENSIONALES LP |
2925
TITULOS PENSIONALES LP |
29
SUBTOTAL BONOS Y PAPELES COMERCIA |
TOTAL PASIVO NO CORRIENTE |
TOTAL PASIVO |
3105
CAPITAL SUSCRITO Y PAGADO |
3115
APORTES SOCIALES |
|
0 |
0 |
0 |
10000000 |
42469324 |
2490629 |
|
|
3120
CAPITAL ASIGNADO |
3125
INVERSION SUPLEMENTARIA AL CAPITAL ASIGNADO |
3130
CAPITAL DE PERSONAS NATURALES |
3135
APORTES DEL ESTADO |
3140
FONDO SOCIAL |
31
SUBTOTAL CAPITAL SOCIAL |
|
|
|
|
|
|
2490629 |
|
3205
PRIMA EN COLOC ACC CUOTAS O PARTES DE INT SOCIAL |
3210
DONACIONES |
3215
CREDITO MERCANTIL |
3220
KNOW HOW |
3225
SUPERAVIT METODO DE PARTICIPACION |
32
SUBTOTAL SUPERAVIT DE CAPITAL |
33
RESERVAS |
|
|
|
|
|
|
0 |
10007385 |
|
34
REVALORIZACION DEL PATRIMONIO |
35 DIVIDEN
O PARTC DECRET EN ACC O CUOTAS |
36
RESULTADOS DEL EJERCICIO |
3705
UTILIDADES ACUMULADAS |
3710
PERDIDAS ACUMULADAS |
37
RESULTADOS DE EJERCICIOS ANTERIORES |
|
218424 |
|
1185107 |
3496280 |
|
3496280 |
|
38
SUPERAVIT POR VALORIZACIONES |
TOTAL PATRIMONIO |
TOTAL PASIVO Y PATRIMONIO |
81
DERECHOS CONTINGENTES |
82
DEUDORAS FISCALES |
83
DEUDORAS DE CONTROL |
|
2682385 |
20080210 |
62549534 |
|
|
673978 |
|
9
CUENTAS DE ORDEN ACREEDORAS POR CONTRA |
91
RESPONSABILIDADES CONTINGENTES |
92
ACREEDORAS FISCALES |
93
ACREEDORAS DE CONTROL |
8
CTAS DE ORDEN DEUDORAS POR CONTRA |
|
673978 |
|
|
673978 |
673978 |
FOREIGN
EXCHANGE RATES
N/a
ADDITIONAL
INFORMATION
|
GEOPOLITICS - COLOMBIA |
|
|
POLITICAL DATA |
ECONOMIC DATA |
|
Form of Government: Republic
|
Currency: 100 COP = 0 031 USD |
BANKS
|
|
|
Name of the Bank |
BANCOLOMBIA |
|
Account Number |
Confidential |
|
Comments |
This information was not
verified by the company. |
BUSINESS
HISTORY
|
|
|
|
DSM NUTRITIONAL PRODUCTS COLOMBIA SA
registered in 2001 in Colombia. |
|
PRINCIPAL ACTIVITY |
|
|
|
DSM NUTRITIONAL PRODUCTS
COLOMBIA SA is a private company, that operates as supplier of Vitamin, Powder
premixes, pharmaceuticals and products for animal nutrition. |
|
Products/Services description: |
|
|
|
These are the products offered
by the company: Vitamins Carotenoids Feed enzymes Among others. |
|
Sales are: |
|
|
|
Wholesale |
|
Operations area: |
|
|
|
National, International |
|
The subject employs 64
employee(s) |
|
|
Comments on staff: |
|
|
|
The number of employees was not
verified by the company though it has been gathered from an official
publication. |
LOCATION
|
|
|
Headquarters |
|
|
|
Parque Industrial Tibitoc. Km 2,4 Vía Briceño-Zipaquirá costado derecho Bodegas 41B y 42B – Tocancipá -
Cundinamarca |
|
Branches: |
|
|
|
Under the companys name we did
not find any other location in the country. |
NOTES
& COMMENTS
Final Opinion
DSM NUTRITIONAL PRODUCTS COLOMBIA SA is a private
company that operates as supplier of Vitamin, Powder premixes, pharmaceuticals
and products for animal nutrition.
This company operates with about 57 employees and one
location in the country. It is a medium sized entity.
This company has 14 years of experience in the market
in which it develops.
Even though profitability for 2013 was negative, it
had correct profitability in 2014. Indebtedness remained high.
Its ultimate parent company is Koninklijke Dsm NV,
which is publicly traded at the Amsterdam stock exchange.
Consolidated financial figures showed correct
profitability and controlled short term indebtedness.
At this time, we suggest a credit line of USD 300 000
and calling the parent company as guarantor.
APPENDIX
|
|
|
Person Interviewed |
|
|
|
Daniel Hernandez |
|
Position |
|
|
|
Accounting Dept. |
|
Comments |
|
|
|
He refused to provide us any
information without knowing the name of the solicitor. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.75 |
|
|
1 |
Rs.100.29 |
|
Euro |
1 |
Rs.72.89 |
|
COP |
1 |
Rs.0.020 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
KAS |
|
|
|
|
Report Prepared
by : |
TRU |
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.