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Report No. : |
354061 |
|
Report Date : |
16.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
OOO "INDUKERN-RUS" |
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|
|
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Registered Office : |
ul Kulakova d 20, 123592 g Moskva |
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Country : |
Russia |
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Financials (as on) : |
31.12.2014 |
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Date of Incorporation : |
09.06.2004 |
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Legal Form : |
Limited liability companies |
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Line of Business : |
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No. of Employee : |
Not Available |
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 |
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|
|
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Payment Behaviour : |
No complaints |
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|
|
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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) |
|
Russia |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
RUSSIA ECONOMIC OVERVIEW
Russia has undergone significant changes since the collapse of the Soviet Union, moving from a globally-isolated, centrally-planned economy towards a more market-based and globally-integrated economy, but stalling as a partially reformed, statist economy with a high concentration of wealth in officials' hands. Economic reforms in the 1990s privatized most industry, with notable exceptions in the energy and defense-related sectors. The protection of property rights is still weak and the private sector remains subject to heavy state interference. Russia is one of the world's leading producers of oil and natural gas, and is also a top exporter of metals such as steel and primary aluminum. Russia's manufacturing sector is generally uncompetitive on world markets and is geared toward domestic consumption. Russia's reliance on commodity exports makes it vulnerable to boom and bust cycles that follow the volatile swings in global prices. The economy, which had averaged 7% growth during 1998-2008 as oil prices rose rapidly, was one of the hardest hit by the 2008-09 global economic crisis as oil prices plummeted and the foreign credits that Russian banks and firms relied on dried up. In 2014, economic growth declined further when Russia forcibly violated Ukraine’s sovereignty and territorial integrity, and interfered in Ukraine’s internal affairs. In the second half of 2014, the Russian ruble lost about half of its value, contributing to increased capital outflows that reached $151.5 billion for the year; the ruble remains volatile. Declining oil prices, lack of economic reforms, and the imposition of foreign sanctions have contributed to the downturn and created wide expectations the economy will continue to slump. In April 2015, the Russian Ministry of Economic Development predicted that the Russia’s economy will contract by 3% in 2015, and average only 2.5% growth through 2030.
|
Source
: CIA |
OOO "INDUKERN-RUS"
ul Kulakova d 20,
123592 g Moskva
Tel: 74952280696
E-Mail: info@indukern.ru
Web: www.adolen.ru
|
Company development |
Constant
company development. |
(31) |
|
Business course |
Good order
situation. |
(21) |
|
Terms of payment |
As far as know,
punctually. |
(29) |
|
Business connection |
Business
connection and credit are permissible. |
(21) |
|
Legal form |
Limited
liability companies (OOO) |
|
|
Established on |
09/06/2004 - Limited
liability companies (OOO) |
|
|
Registered on |
09/06/2004,
Mezhrayonnaya inspektsiya Federalnoy nalogovoy sluzhby №46 po g.
Moskve, RegNr.: 1047796410144 |
|||
|
Registered capital |
RUB |
15 000 000,- |
|
|
|
Owner |
AO "INDUKERN KEMI AG" |
% |
70 |
|
|
|
Evgeniy Anatolevich Volkov |
% |
15 |
|
|
|
Lyudmila Ivanovna SHCHerbakova |
% |
15 |
|
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Board of directors |
KHose-Luis Diaz-Varela Somoza |
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Sole Executive Body |
Lyudmila Ivanovna SHCHerbakova |
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General data |
Main activity: |
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Full name: |
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Short name: |
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Residence address: |
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Permanent address: |
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Other activities |
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: |
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Manufacture of
pharmaceutical preparations |
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Manufacture of
medical and surgical equipment and orthopaedic appliances |
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Wholesale of
pharmaceutical goods |
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Dispensing
chemists |
|
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Retail sale of
medical and orthopaedic goods |
|
Annual turnover |
31/12/2008 |
Enterprise
turnover |
RUB |
944 166 000,-
|
|
|
|
31/12/2009 |
Enterprise
turnover |
RUB |
1 499 379 000,-
|
|
|
|
31/12/2010 |
Enterprise
turnover |
RUB |
2 203 370 000,-
|
|
|
|
31/12/2011 |
Enterprise
turnover |
RUB |
2 177 008 000,-
|
|
|
|
31/12/2012 |
Enterprise
turnover |
RUB |
2 589 509 000,-
|
|
|
|
31/12/2013 |
Enterprise
turnover |
RUB |
3 363 485 000,-
|
|
|
|
31/12/2014 |
Enterprise
turnover |
RUB |
3 887 414 000,-
|
|
|
Events, negative data |
31.08.2015 - Legal
debt collection procedure |
||||
|
|
28.09.2015 - Legal
debt collection procedure |
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Remarks |
OOO
"Indukern-Rus" is a member of Indukern Chemie AG group. According
to the information from open sources, OOO "Indukern-Rus" is an
importer and wholesaler of medicines. |
|
A. The enclosed
balance of 2012 is originated from official source, no data available about
authentication. (31.12.2012 - 1000 RUB) - Warning! The figures stated in the
balance sheet may contain error(s). |
|
BALANCE |
A 31.12.2012 |
B 31.12.2013 |
C 31.12.2014 |
|
1. ASSETS |
|
|
|
|
I. FIXED ASSETS
|
|
|
|
|
Intangible
assets |
499 |
382 |
299 |
|
The results of
research and development |
0 |
0 |
0 |
|
Intangible
research assets |
0 |
0 |
0 |
|
Tangible
research assets |
0 |
0 |
0 |
|
Fixed assets |
35 615 |
535 187 |
519 017 |
|
Profitable
investments in tangible assets |
0 |
0 |
0 |
|
Financial
investments |
0 |
0 |
0 |
|
Deferred tax
assets |
3 420 |
0 |
0 |
|
Other
non-current assets |
233 210 |
39 788 |
39 069 |
|
TOTAL IN
SECTION I. |
272 744 |
575 357 |
558 385 |
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II. CURRENT
ASSETS |
|
|
|
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Inventories |
515 873 |
928 564 |
1 083 575
|
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VAT on acquired
assets |
4 234 |
6 741 |
6 133 |
|
Accounts
receivable |
987 915 |
1 673 170
|
2 443 544
|
|
Financial
investments (excluding the monetary equivalent) |
0 |
0 |
0 |
|
Cash and
monetary equivalents |
13 955 |
36 115 |
382 705 |
|
Other current
assets |
2 731 |
2 943 |
4 159 |
|
TOTAL IN
SECTION II. |
1 524 708
|
2 647 533
|
3 920 116
|
|
BALANCE |
1 797 452
|
3 222 890
|
4 478 501
|
|
2. LIABILITIES |
|
|
|
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III. CAPITAL
AND RESERVES |
|
|
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Authorized
capital (share capital, charter capital, deposits capital, partners capital) |
10 |
1 000 |
15 000 |
|
Treasury stock |
0 |
0 |
0 |
|
Revaluation of
fixed assets |
0 |
0 |
0 |
|
Additional
capital (without revaluation) |
0 |
0 |
0 |
|
Reserve capital
|
0 |
0 |
0 |
|
Retained
earnings (uncovered loss) |
375 130 |
410 644 |
532 232 |
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TOTAL IN
SECTION III. |
375 140 |
411 644 |
547 232 |
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IV. LONG-TERM
LIABILITIES |
|
|
|
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Borrowed funds |
241 372 |
961 351 |
996 426 |
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Deferred tax
liabilities |
0 |
4 443 |
53 783 |
|
Provisions |
0 |
0 |
0 |
|
Other
liabilities |
0 |
0 |
0 |
|
TOTAL IN
SECTION IV. |
241 372 |
965 794 |
1 050 209
|
|
V. SHORT-TERM
LIABILITIES |
|
|
|
|
Borrowed funds |
633 721 |
744 649 |
1 312 392
|
|
Payables |
536 405 |
1 088 972
|
1 521 048
|
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Deferred income
|
13 |
31 |
61 |
|
Provisions |
10 801 |
11 800 |
46 104 |
|
Sonstige
Verbindlichkeiten |
0 |
0 |
1 455 |
|
TOTAL IN
SECTION V. |
1 180 940
|
1 845 452
|
2 881 060
|
|
BALANCE |
1 797 452
|
3 222 890
|
4 478 501
|
|
A. The enclosed
profit and loss account of 2012 is originated from official source, no data
available about authentication. (31.12.2012 - 1000 RUB) |
|||
|
PROFIT AND LOSS ACCOUNT |
A 31.12.2012 |
B 31.12.2013 |
C 31.12.2014 |
||||
|
Turnover |
2 589 509
|
3 363 485
|
3 887 414
|
||||
|
Cost of sales |
2 249 220
|
2 816 475
|
3 187 325
|
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Gross profit
(loss) |
340 289 |
547 010 |
700 089 |
||||
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Selling
expenses |
258 371 |
323 679 |
410 688 |
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Administrative
expenses |
0 |
0 |
0 |
||||
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Sales profit
(loss) |
81 918 |
223 331 |
289 401 |
||||
|
Earnings from
other entities |
0 |
0 |
0 |
||||
|
Interest
receivable |
8 |
0 |
0 |
||||
|
Interest
payable |
36 389 |
83 254 |
203 418 |
||||
|
Other operating
income |
30 039 |
18 269 |
265 974 |
||||
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Other operating
expenses |
27 016 |
109 011 |
166 871 |
||||
|
Profit (loss)
before tax |
48 560 |
49 335 |
185 086 |
||||
|
Current profit
tax |
19 643 |
4 966 |
0 |
||||
|
Permanent tax
liabilities (assets) |
-1 857 |
-2 962 |
-12 323 |
||||
|
Change in
deferred tax liabilities |
-5 022 |
4 443 |
101 555 |
||||
|
Change in
deferred tax assets |
3 052 |
-3 420 |
52 215 |
||||
|
Different |
1 516 |
2 |
158 |
||||
|
Net profit
(loss) |
35 475 |
36 504 |
135 588 |
||||
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Results of
fixed assets revaluation, non-includedin net profit/loss for period |
0 |
0 |
0 |
||||
|
Result of other
transactions, non included in net profit/loss for period |
0 |
0 |
0 |
||||
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Total financial
result for period |
35 475 |
36 504 |
135 588 |
||||
|
|
|||||||
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RATIOS |
|
2012 |
2013 |
2014 |
|||
|
|
Current ratio |
1,29 |
1,43 |
1,36 |
|
|
Quick ratio |
0,85 |
0,93 |
0,98 |
|
|
Average Collection
Period |
125 |
144 |
193 |
|
|
Payables
turnover Period |
88,89 |
105 |
149 |
|
|
Debt ratio |
0,79 |
0,87 |
0,88 |
|
|
Equity to total
assets ratio |
0,21 |
0,13 |
0,12 |
|
|
Funding ratio |
0,26 |
0,15 |
0,14 |
|
|
Return on sales
|
1,37 |
1,09 |
3,49 |
|
|
Return on
Assets |
2,26 |
1,45 |
3,52 |
|
|
Return on
Equity |
9,93 |
9,28 |
28,28 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.67.04 |
|
|
1 |
Rs.101.67 |
|
Euro |
1 |
Rs.73.93 |
|
RUB |
1 |
Rs.0.95 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
KAS |
|
|
|
|
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 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.