|
Report No. : |
355950 |
|
Report Date : |
17.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
HEIDELBERGER DRUCKMASCHINEN AKTIENGESELLSCHAFT |
|
|
|
|
Registered Office : |
Kurfürsten-Anlage 52-60, D 69115 Heidelberg, Post Box: 10 29 40, D
69019 Heidelberg |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.03.2015 |
|
|
|
|
Date of Incorporation : |
01.01.1900 |
|
|
|
|
Com. Reg. No.: |
HRB 330004 |
|
|
|
|
Legal Form : |
Public Limited Company |
|
|
|
|
Line of Business : |
· Manufacture of machinery for paper and paperboard production · Manufacture of machinery for processing plastics and rubber · Wholesale of other machinery, equipment and supplies |
|
|
|
|
No. of Employees : |
7,939 |
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 : |
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) |
|
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 |
HEIDELBERGER DRUCKMASCHINEN AKTIENGESELLSCHAFT
Company Status: active
Kurfürsten-Anlage 52-60
D 69115 Heidelberg
Post Box:
10 29 40, D 69019 Heidelberg
Telephone:06221/9200
Telefax: 06221/926999
Homepage: www.heidelberg.com
E-mail: information@heidelberg.com
VAT no.: DE143455661
LEGAL FORM Public
limited company
Registered on: 01.01.1900
Commercial Register: Local court 68159 Mannheim
under: HRB 330004
Share capital:
EUR 659,040,714.24
The company
is listed on the stock market.
Shareholder:
Union
Investment Privatfonds GmbH
Weißfrauenstr. 7
D 60311
Frankfurt
Post Box:
16 07 63, D
60070 Frankfurt
Legal form:
Private limited company
Share
capital: EUR 24,461,950.00
Share: 2.380 %
Registered
on: 30.01.1968
Reg. data: 60313 Frankfurt, HRB 9073
Shareholder:
UBS AG
CH Zürich
Legal form:
Other legal form
Share: 3.090 %
Shareholder:
Gallus Ferdinand Rüesch AG
Harzbüchelstr. 34
CH 9016 St.
Gallen
Legal form:
Other legal form
Share: 9.020 %
Shareholder:
RWE Aktiengesellschaft
Opernplatz 1
D 45128 Essen
Post Box:
10 30 61, D
45030 Essen
Legal form:
Public limited company
Share
capital: EUR 1,573,748,477.44
Share: 3.000 %
Registered
on: 26.10.2000
Reg. data:
45130 Essen, HRB 14525
Shareholder:
Universal-Investment-Gesellschaft
mit
beschränkter
Haftung
Theodor-Heuss-Allee 70
D 60486
Frankfurt
Post Box:
17 05 48, D
60079 Frankfurt
Legal form:
Private limited company
Share
capital: EUR 10,400,000.00
Share: 2.940 %
Registered
on: 04.11.1968
Reg. data:
60313 Frankfurt, HRB 9937
Shareholder:
Dimensional
Holdings Inc.
USA Austin
Legal form:
Other legal form
Share: 3.010 %
Shareholder:
Sourse
Markets plc
GB London
Legal form:
Other legal form
Share: 0.180 %
President of the Board of Directors:
Dr. Gerold
Linzbach
Wolfsgangstr. 89
D 60322
Frankfurt
born:
13.02.1956
Member of the Board of Directors:
Dirk Kaliebe
D 69207
Sandhausen
born:
26.04.1966
Member of the Board of Directors:
Harald Weimer
USA Atlanta, Georgia
born:
05.05.1964
Member of the Board of Directors:
Stephan Plenz
D 69207
Sandhausen
born: 14.05.1965
President of the Supervisory Board:
Dr. Siegfried
Jaschinski
D 70173
Stuttgart
born:
21.08.1954
Marital
status: unknown
Vice-president of the Supervisory Board:
Rainer Wagner
D 69234
Dielheim
Marital
status: unknown
Vice-president of the Supervisory Board:
Ralph Arns
D 76669 Bad
Schönborn
Marital
status: unknown
Member of the Supervisory Board:
Prof.
Dr.-Ing. Günther Schuh
Krautmühlenweg 9
D 52066
Aachen
born:
19.11.1958
Marital status: unknown
Member of the Supervisory Board:
Edwin
Ferdinand Eichler
CH Weggis
born:
10.04.1968
Profession:
Fully qualified computer
scientist
Property
regime: Statutory matrimonial
property
regime
Marital
status: married
Member of the Supervisory Board:
Dr. Herbert
Meyer
Helbighainer
Weg 16
D 61462
Königstein
born:
17.09.1946 in Eckernförde
Profession:
Business consultant
Marital
status: married
Member of the Supervisory Board:
Kirsten Lange
D 89073 Ulm
born:
08.06.1966
Representative of the Employees within the Supervisory Board:
Christoph
Wösler
D 69190
Walldorf
born: 22.03.1962
Representative of the Employees within the Supervisory Board:
Mirko Geiger
D 69115
Heidelberg
Representative of the Employees within the Supervisory Board:
Beate Schmitt
D 76646 Bruchsal
Marital
status: unknown
Representative of the Employees within the Supervisory Board:
Roman
Zitzelsberger
Auf dem Berg
12
D 76467
Bietigheim
Proxy:
Josef Schell
D 69190
Walldorf
authorized to
jointly represent the company
born:
17.05.1964
Proxy:
Oliver
Wolfgang Heeb
D 69469 Weinheim
authorized to
jointly represent the company
born:
16.05.1973
Proxy:
Stephan
Knuppertz
D 69115
Heidelberg
authorized to
jointly represent the company
born:
08.09.1970
Marital
status: unknown
Proxy:
Peter Tix
D 69226
Nußloch
born:
25.04.1962
Proxy:
Wolfgang Roth
D 69493
Hirschberg
Proxy:
Klaus-Peter
Gurries
Konrad-Adenauer-Ring 9 a
D 69226
Nußloch
Profession:
graduate engineer
Marital
status: married
Proxy:
Karl Erich
Zirm
D 69115
Heidelberg
born:
21.09.1955
Proxy:
Christoph
Wösler
D 69190
Walldorf
authorized to
jointly represent the company
born:
22.03.1962
Proxy:
Heribert
Wille
D 74889
Sinsheim
born:
14.07.1960
Proxy:
Helge Werner
D 76669 Bad
Schönborn
authorized to
jointly represent the company
born:
18.12.1964
Proxy:
Thomas
Schrotz
D 68159
Mannheim
authorized to
jointly represent the company
born:
01.02.1964
Proxy:
Achim Schmidt
D 68723
Oftersheim
authorized to
jointly represent the company
born:
01.02.1966
Proxy:
Stefan Orbach
D 73540
Heubach
authorized to
jointly represent the company
born:
19.04.1964
Proxy:
Thorsten
Christian Kirchmayer
D 73033 Göppingen
authorized to
jointly represent the company
born:
20.12.1964
Proxy:
Dr. Rupert
Felder
D 76593
Gernsbach
authorized to
jointly represent the company
born:
05.05.1963
Marital
status: unknown
Proxy:
Frank Kropp
D 69256 Mauer
authorized to
jointly represent the company
born: 24.01.1969
Proxy:
Jason Oliver
D 40472
Ratingen
authorized to
jointly represent the company
born:
23.06.1970
Proxy:
Gerwin Cordes
D 69115
Heidelberg
authorized to
jointly represent the company
born:
30.01.1963
Further functions/participations of Dirk Kaliebe (Member of the
Board of Directors)
Vice-president of the Supervisory Board:
Heidelberger Druckmaschinen
Vertrieb
Deutschland
Gesellschaft mit beschränkter
Haftung
Gutenbergring
19
D 69168
Wiesloch
Post Box:
10 29 40, D 69019 Heidelberg
Legal form:
Private limited company
Share
capital: EUR 25,616,000.00
Registered
on: 17.10.1990
Reg. data: 68159 Mannheim, HRB 334038
01.01.1900 - 31.12.1950
Schnellpressenfabrik Aktiengesellschaft
Heidelberg
D 69115
Heidelberg
Public
limited company
01.09.2012 - 18.05.2015 President
of the Supervisory Board
Robert J.
Koehler
D 65193
Wiesbaden
01.01.2012 - 03.02.2015 Member of
the Supervisory Board
Lone Fønss Schrøder
DK
Hornbaek
08.03.2010 - 11.04.2014 Member of
the Board of Directors
Marcel
Kiessling
D 78050
Villingen-Schwenningen
Main industrial sector
28950 Manufacture of machinery
for paper and paperboard production
2896 Manufacture of machinery
for processing plastics and rubber
4669 Wholesale of other
machinery, equipment and supplies
Secondary industrial sector
6420 Activities of holding companies
Works:
Heidelberger
Druckmaschinen
Aktiengesellschaft
Heidelberger
Str. 1
D 14772
Brandenburg
TEL.: 03381/770
FAX.:
03381/772823
Works:
Heidelberger
Druckmaschinen
Aktiengesellschaft
Egelsee
D 73340
Amstetten
TEL.: 07331/310
FAX.:
07331/313128
Works:
Heidelberger
Druckmaschinen
Aktiengesellschaft
Dr.-Hell-Str.
D 24107 Kiel
TEL.:
0431/386-0
FAX.: 0431/386-1380
Works:
Heidelberger
Druckmaschinen
Aktiengesellschaft
Gutenbergring
19-21
D 69168
Wiesloch
TEL.:
06222/8267456
FAX.: 06222/8267457
Works:
Heidelberger
Druckmaschinen
Aktiengesellschaft
Elisabeth-Selbert-Str. 13
D 40764
Langenfeld
Works:
Heidelberger
Druckmaschinen
Aktiengesellschaft
Gutenbergring
20
D 69168
Wiesloch
TEL.:
06222/8267461
FAX.:
06222/8267473
Limited partner:
Heidelberger Druckmaschinen Real
Estate GmbH
& Co KG
Gutenbergstr.
20
D 69190
Walldorf
Legal form:
Ltd partnership with priv. ltd.
company as general partner
Company
Status: active
Total
cap. EUR 10,000.00
contribution:
Share: EUR 10,000.00
Reg. data: 09.03.2009
Local court 68159 Mannheim
HRA 702260
Limited partner:
SABAL GmbH
& Co. Objekt FEZ Heidelberg KG
Emil-Riedl-Weg 6
D 82049 Pullach
Legal form:
Ltd partnership with priv. ltd.
company as general partner
Company
Status: active
Total
cap. EUR 9,910.00
contribution:
Share: EUR 9,900.00
Reg.
data: 19.03.2007
Local court 80333 München
HRA 89858
Shareholder:
Heidelberger
Druckmaschinen Vertrieb
Deutschland
Gesellschaft mit beschränkter
Haftung
Gutenbergring
19
D 69168
Wiesloch
Post Box:
10 29 40
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 25,616,000.00
Share: EUR 25,616,000.00
Reg.
data: 17.10.1990
Local court 68159 Mannheim
HRB 334038
Shareholder:
Heidelberg
Print Finance International
Gesellschaft mit beschränkter
Haftung
Gutenbergring
19
D 69168
Wiesloch
Legal form:
Private limited company
Company
Status: active
Share capital: EUR
10,226,000.00
Share: EUR 10,226,000.00
Reg.
data: 01.08.1989
Local court 68159 Mannheim
HRB 333747
Shareholder:
Heidelberg
Boxmeer Beteiligungs-GmbH
Gutenbergring
19
D 69168
Wiesloch
Legal form:
Private limited company
Company
Status: active
Share capital: EUR 150,000.00
Share: EUR 150,000.00
Reg.
data: 28.12.1995
Local court 68159 Mannheim
HRB
335309
Shareholder:
Neo 7even
GmbH
Spandauer
Str. 40
D 57072
Siegen
Legal form:
Private limited company
Company
Status: active
Share capital: EUR 100,000.00
Share: EUR 100,000.00
Reg.
data: 13.12.2013
Local court 57072 Siegen
HRB 10259
Shareholder:
Heidelberg
Postpress Deutschland GmbH
Gutenbergring
19
D 69168
Wiesloch
Legal form:
Private limited company
Company
Status: active
Share capital: EUR 52,000.00
Share: EUR 52,000.00
Reg.
data: 22.09.1999
Local court 68159 Mannheim
HRB 337660
Shareholder:
Sporthotel
Heidelberger Druckmaschinen mit
beschränkter
Haftung
Gutenbergring
19
D 69168
Wiesloch
Legal form: Private
limited company
Company
Status: active
Share
capital: EUR 26,000.00
Share: EUR 26,000.00
Reg.
data: 23.06.1992
Local court 68159 Mannheim
HRB 334444
Shareholder:
Heidelberg
Manufacturing Deutschland GmbH
Gutenbergring
19
D 69168
Wiesloch
Legal form: Private limited company
Company
Status: active
Share
capital: EUR 26,000.00
Share: EUR 26,000.00
Reg.
data: 07.02.1975
Local court 68159 Mannheim
HRB 331010
Shareholder:
Heidelberger
Druckmaschinen
Vermögensverwaltungsgesellschaft mit
beschränkter
Haftung
Gutenbergstr.
20
D 69190
Walldorf
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 22.09.2008
Local court 68159 Mannheim
HRB 705115
Shareholder:
Heidelberg
Consumables Holding GmbH
Gutenbergring
19
D 69168
Wiesloch
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 01.04.2008
Local court 68159 Mannheim
HRB 704147
Shareholder:
Heidelberg Catering Services
GmbH
Gutenbergring
19
D 69168
Wiesloch
Legal form:
Private limited company
Company
Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 06.07.2004
Local court 68159 Mannheim
HRB 352069
Shareholder:
KITZ - Kieler
Innovations- und
Technologiezentrum GmbH
Schauenburgerstr. 116
D 24118 Kiel
Legal form:
Private limited company
Company Status: active
Share
capital: EUR 474,850.00
Share: EUR 15,450.00
Reg.
data: 27.10.1994
Local court 24114 Kiel
HRB 4018 KI
Shareholder:
InnovationLab
GmbH
Speyerer Str.
4
D 69115
Heidelberg
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 26,400.00
Share: EUR 1,320.00
Reg.
data: 15.09.2008
Local court 68159 Mannheim
HRB 705066
Shareholder:
Printpromotion-Gesellschaft zur Förderung
der Druck-
und Papierverarbeitungsindustrie
mit
beschränkter Haftung
Lyoner Str.
18
D 60528
Frankfurt
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 50,000.00
Share: EUR 1,000.00
Reg.
data: 12.09.1975
Local court 60313 Frankfurt
HRB 14956
Payment experience: cash
discount/within agreed terms
Negative information: We have no negative information at hand.
Balance sheet year: 2014/2015
PMI: No
significant / relevant payment experience
information
pertaining to the company
inquired upon
is shown in the Deutscher
Debitoren
Monitor (DDMonitor).
Type of ownership: proprietor
Share: 100.00 %
Address
Kurfürsten-Anlage 52-60
D 69115
Heidelberg
Land register documents were not available.
Principal bank
COMMERZBANK, 69007 HEIDELBERG, NECKAR
Sort. code: 67240039
BIC: COBADEFFXXX
Further banks
COMMERZBANK, 24100 KIEL
Sort. code: 21040010, Account no.: 7396500
BIC: COBADEFFXXX, IBAN: DE77210400100739650000
DEUTSCHE BANK, 69111 HEIDELBERG, NECKAR
Sort. code: 67270003
BIC: DEUTDESM672
COMMERZBANK VORMALS DRESDNER BANK, 69115 HEIDELBERG, NECKAR
Sort. code: 67280051
BIC: DRESDEFF672
SPARKASSE HEIDELBERG, 69004 HEIDELBERG, NECKAR
Sort. code: 67250020
BIC: SOLADES1HDB
Turnover: 2012/2013 EUR 1,289,256,000.00
2013/2014 EUR 1,130,436,000.00
2014/2015 EUR 1,051,363,000.00
Profit: 2012/2013 EUR -76,515,000.00
2013/2014 EUR -109,363,000.00
2014/2015 EUR -126,518,000.00
further
business figures:
Equipment: EUR 104,458,000.00
Ac/ts
receivable:
EUR 164,870,000.00
Liabilities: EUR 953,132,000.00
Employees:
7,939
Balance sheet ratios 01.04.2014 - 31.03.2015
Equity ratio [%]:
31.07
Liquidity ratio:
0.20
Return on total capital [%]:
-6.48
Balance sheet ratios 01.04.2013 - 31.03.2014
Equity ratio [%]: 33.35
Liquidity ratio:
0.29
Return on total capital [%]:
-5.48
Balance sheet ratios 01.04.2012 - 31.03.2013
Equity ratio [%]:
37.40
Liquidity ratio:
0.31
Return on total capital [%]:
-3.79
Balance sheet ratios 01.04.2011 - 31.03.2012
Equity ratio [%]:
37.21
Liquidity ratio:
0.45
Return on total capital [%]:
-1.34
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
Origin
of the present
balance
sheet: electronic German Federal
Gazette
Financial
year: 01.04.2014 - 31.03.2015
ASSETS EUR 1,952,547,000.00
Fixed assets EUR 1,252,229,000.00
Intangible assets EUR 40,938,000.00
Internally generated industrial
property rights and similar rights
and assets EUR 9,182,000.00
Concessions, licences, rights EUR 31,756,000.00
Tangible assets EUR 294,108,000.00
Land / similar rights EUR 72,610,000.00
Plant / machinery EUR 108,229,000.00
Other tangible assets / fixtures and
fittings EUR 104,458,000.00
Advance payments made / construction
in
progress
EUR 8,811,000.00
Financial assets EUR 917,183,000.00
Shares in participations /
subsidiaries and the like EUR 823,908,000.00
Shares in related companies EUR 823,908,000.00
Loans to participations /
subsidiaries and the like EUR 90,662,000.00
Loans to related companies EUR 87,276,000.00
Loans to investee companies EUR 3,386,000.00
Securities included in fixed assets EUR 2,000.00
Other loans EUR 2,611,000.00
Current assets EUR 685,048,000.00
Stocks EUR 378,678,000.00
Accounts receivable EUR 164,870,000.00
Trade debtors EUR 38,337,000.00
Amounts due from related companies EUR
62,268,000.00
Other debtors and assets EUR 64,265,000.00
Liquid means EUR 141,500,000.00
Remaining other assets EUR 15,270,000.00
Accruals (assets) EUR 15,270,000.00
LIABILITIES EUR
1,952,547,000.00
Shareholders' equity EUR 606,437,000.00
Capital EUR 658,675,000.00
Subscribed capital (share capital) EUR
659,041,000.00
Other capital EUR -366,000.00
Reserves EUR 74,280,000.00
Capital reserves EUR 52,937,000.00
Retained earnings / revenue reserves
EUR 21,343,000.00
Balance sheet profit/loss (+/-) EUR
-126,518,000.00
Balance sheet profit / loss EUR -126,518,000.00
Items between shareholders' equity and
debt capital EUR 461,000.00
Special items with reserve funds EUR 461,000.00
Provisions EUR 385,485,000.00
Pension provisions and comparable
provisions EUR 180,575,000.00
Other / unspecified provisions EUR 204,910,000.00
Liabilities EUR 953,132,000.00
Other liabilities EUR 7,032,000.00
Deferrals (liabilities) EUR 7,032,000.00
Guarantees and other commitments EUR
202,429,000.00
Discounted bills of exchange EUR 33,762,000.00
Guarantees / warranties EUR 168,667,000.00
Guarantees EUR 168,667,000.00
PROFIT
AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code
(HGB)
Sales EUR 1,051,363,000.00
Inventory change + own costs (+/-) EUR
12,341,000.00
Inventory change (+/-) EUR -2,389,000.00
Capitalised own costs EUR 14,730,000.00
Other operating income EUR 227,826,000.00
Cost of materials EUR 494,288,000.00
Gross result (+/-) EUR 797,242,000.00
Staff expenses EUR 511,210,000.00
Total depreciation EUR 30,638,000.00
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 30,638,000.00
Other operating expenses EUR 312,152,000.00
Operating result from continuing
operations EUR -56,758,000.00
Interest result (+/-) EUR -108,158,000.00
Interest and similar income EUR 6,679,000.00
thereof from related companies EUR 5,855,000.00
Interest and similar expenses EUR 114,837,000.00
thereof paid to related companies EUR
6,131,000.00
Other financial result EUR 44,034,000.00
Income from securities and loans from
financial assets EUR 44,034,000.00
Financial result (+/-) EUR -64,124,000.00
Result from ordinary operations (+/-) EUR
-120,882,000.00
Other taxes / refund of taxes EUR -5,636,000.00
Tax (+/-) EUR -5,636,000.00
Annual surplus / annual deficit EUR -126,518,000.00
Type
of balance
sheet: Company balance sheet
Origin
of the present
balance
sheet: electronic German Federal
Gazette
Financial
year: 01.04.2013 - 31.03.2014
ASSETS EUR 1,994,771,000.00
Fixed assets EUR 1,256,824,000.00
Intangible assets EUR 35,488,000.00
Concessions, licences, rights EUR 31,943,000.00
Advance payments for intang. assets EUR
3,545,000.00
Tangible assets EUR 296,798,000.00
Land / similar rights EUR 74,835,000.00
Plant / machinery EUR 107,785,000.00
Other tangible assets / fixtures and
fittings
EUR 109,345,000.00
Advance payments made / construction
in progress EUR 4,833,000.00
Financial assets EUR 924,538,000.00
Shares in participations /
subsidiaries and the like EUR 837,178,000.00
Shares in related companies EUR 832,792,000.00
Shares in investee companies EUR 4,386,000.00
Loans to participations /
subsidiaries and the like EUR 84,767,000.00
Loans to related companies EUR 84,767,000.00
Securities included in fixed assets EUR 2,000.00
Other loans EUR 2,591,000.00
Current assets EUR 728,389,000.00
Stocks EUR 387,854,000.00
Accounts receivable EUR 245,819,000.00
Trade debtors EUR 27,871,000.00
Amounts due from related companies EUR
142,762,000.00
Amounts due from investee companies EUR
300,000.00
Other debtors and assets EUR 74,886,000.00
Investments in current assets EUR 10,169,000.00
Liquid means EUR 84,547,000.00
Remaining other assets EUR 9,558,000.00
Accruals (assets) EUR 9,558,000.00
LIABILITIES EUR 1,994,771,000.00
Shareholders' equity EUR 664,830,000.00
Capital EUR 599,795,000.00
Subscribed capital (share capital) EUR
600,161,000.00
Other capital EUR -366,000.00
Reserves EUR 65,035,000.00
Capital reserves EUR 43,692,000.00
Retained earnings / revenue reserves
EUR 21,343,000.00
Items between shareholders' equity and
debt capital EUR 712,000.00
Special items with reserve funds EUR 712,000.00
Provisions EUR 396,115,000.00
Pension provisions and comparable
provisions EUR 220,370,000.00
Other / unspecified provisions EUR 175,745,000.00
Liabilities EUR 927,658,000.00
Financial debts EUR 448,223,000.00
Liabilities due to banks EUR 33,723,000.00
Loans / obligations / debentures EUR
414,500,000.00
Other liabilities EUR 479,435,000.00
Trade creditors (for IAS incl. bills
of exchange) EUR 36,257,000.00
Liabilities from received advance
payments EUR 8,469,000.00
Liabililties due to related
companiesEUR 395,378,000.00
Unspecified other liabilities EUR 39,331,000.00
thereof liabilities from tax /
financial authorities EUR 7,656,000.00
thereof liabilities from social
security EUR 1,848,000.00
Other liabilities EUR 5,456,000.00
Deferrals (liabilities) EUR 5,456,000.00
Guarantees and other commitments EUR 197,333,000.00
Discounted bills of exchange EUR 31,742,000.00
Guarantees / warranties EUR 165,591,000.00
Guarantees EUR 165,591,000.00
PROFIT
AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code
(HGB)
Sales EUR 1,130,436,000.00
Inventory change + own costs (+/-) EUR 9,366,000.00
Inventory change (+/-) EUR -3,170,000.00
Capitalised own costs EUR 12,536,000.00
Other operating income EUR 157,778,000.00
Cost of materials EUR 521,671,000.00
Gross result (+/-) EUR 775,909,000.00
Staff expenses EUR 493,766,000.00
Total depreciation EUR 29,566,000.00
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 29,566,000.00
Other operating expenses EUR 267,792,000.00
Operating result from continuing
operations EUR -15,215,000.00
Interest result (+/-) EUR -113,676,000.00
Interest and similar income EUR 10,278,000.00
Interest and similar expenses EUR 123,954,000.00
Other financial result EUR 22,144,000.00
Financial result (+/-) EUR -91,532,000.00
Result from ordinary operations (+/-) EUR
-106,747,000.00
Income tax / refund of income tax
(+/-)EUR -2,616,000.00
Tax (+/-) EUR -2,616,000.00
Annual surplus / annual deficit EUR -109,363,000.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.85 |
|
|
1 |
Rs.100.57 |
|
Euro |
1 |
Rs.73.15 |
|
EUR |
1 |
Rs.71.98 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
TPT |
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.