|
Report No. : |
354726 |
|
Report Date : |
18.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
DEICHMANN SE |
|
|
|
|
Registered Office : |
Deichmannweg 9 D 45359 Essen |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
1913 |
|
|
|
|
Legal Form : |
European Company (SE) |
|
|
|
|
Line of Business : |
·
Wholesale of footwear ·
Wholesale of bicycles,
bicycle parts and accessories, sports and camping articles (except camping furniture) ·
Wholesale of leather goods,
luggage, giftware and advertising articles ·
Other retail sale in
non-specialized stores |
|
|
|
|
No. of Employee : |
8,712 |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
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 |
Deichmann SE
Deichmannweg 9
D 45359 Essen
Telephone:0201/86760-0
Telefax: 0201/86761-20
Homepage: www.deichmann.com
E-mail: info@deichmann.com
Active
DE119663402
Business relations are permissible.
LEGAL FORM European
Company (SE)
Date of foundation: 1913
Begin of business
activities: 19.08.2008
Registered on: 16.12.2008
Commercial Register: Local court 45130 Essen
under: HRB
21020
Share capital: EUR
400,000,000.00
Shareholder:
Familie Deichmann
D 45359 Essen
Legal form: Other legal
form
Share: 100.000 %
Managing Director:
Heinrich-Otto Deichmann
Meckenstocker Höfe 14
D 45133 Essen
authorized to jointly
represent the company
born: 30.11.1962 in Essen
Profession: Fully
qualified merchant
Marital status: married
Managing Director:
Veit Weiland
D 40210 Düsseldorf
born: 25.04.1968
Profession: Businessman
Marital status: married
Managing Director:
Dr. Olaf Bernd Ihde
Leonhard-Stinnes-Str. 45
D 45470 Mülheim
born: 20.02.1967
Profession: Fully
qualified merchant
Marital status: married
Managing Director:
Wolfram Hail
D 40210 Düsseldorf
born: 27.09.1958
Marital status: unknown
Managing Director:
Martin Fischer
D 42107 Wuppertal
born: 22.02.1966
Profession: Businessman
Managing Director:
Martin Heynen
Von-der-Tann-Str. 17
D 42115 Wuppertal
authorized to jointly
represent the company
born: 06.08.1961 in
Wuppertal
Profession: Businessman
Managing Director:
Manfred Kroneder
Erlenstr. 1
D 85395 Attenkirchen
born: 11.03.1967
Proxy:
Udo Großmann
Siegfriedstr. 60
D 46240 Bottrop
authorized to jointly
represent the company
born: 24.02.1958
Proxy:
Gerhard Egloffstein
D 42579 Heiligenhaus
authorized to jointly
represent the company
born: 11.01.1955
Proxy:
Ralf Gänsler
D 58454 Witten
authorized to jointly
represent the company
born: 27.09.1969
Proxy:
Michael Lenarz
D 44625 Herne
authorized to jointly
represent the company
born: 30.06.1956
Profession: Employee
Proxy:
Andreas Conze
D 45127 Essen
authorized to jointly
represent the company
born: 26.06.1963
Proxy:
Gerhard Westerwelle
D 47906 Kempen
authorized to jointly
represent the company
born: 25.01.1953
Proxy:
Andreas Gessner
Dorfheide 83
D 46244 Bottrop
authorized to jointly
represent the company
born: 04.06.1963
Marital status: married
Proxy:
Volker Heidmann
D 45359 Essen
authorized to jointly represent
the company
born: 31.01.1962
Profession: Businessman
Proxy:
Dr. Thomas Lorenz Seeger
D 45525 Hattingen
authorized to jointly represent the
company
born: 05.04.1957
Proxy:
Frank Bode
St.-Peter-Weg 18
D 58239 Schwerte
authorized to jointly
represent the company
born: 22.06.1966
Proxy:
Dr. Lars Jendrian
Angeraue 89
D 40489 Düsseldorf
authorized to jointly
represent the company
born: 01.07.1972 in Bottrop
Profession: Businessman
Proxy:
Sven Simon
Posener Str. 12
D 44225 Dortmund
authorized to jointly represent
the company
born: 17.01.1972
Proxy:
Rainer Ochsenkiel
D 45468 Mülheim
authorized to jointly
represent the company
born: 29.04.1966
Proxy:
Thorsten Wenck
D 51371 Leverkusen
authorized to jointly
represent the company
born: 08.03.1972
Proxy:
Marcus Jenner
D 50667 Köln
authorized to jointly
represent the company
born: 16.04.1968
Proxy:
Christian Hackel
D 47798 Krefeld
authorized to jointly
represent the company
born: 31.05.1969
Proxy:
Jürgen Rolf Feiffer
D 46236 Bottrop
authorized to jointly
represent the company
born: 09.06.1956
Proxy:
Uwe Hendrich
Meisenweg 7
D 67317 Altleiningen
authorized to jointly
represent the company
born: 22.05.1957
Proxy:
Jens Peterhänsel
D 47441 Moers
authorized to jointly
represent the company
born: 17.03.1970
Proxy:
Lars Passlack
D 10115 Berlin
authorized to jointly
represent the company
born: 31.12.1974
Proxy:
Reinhard Mayer
D 44135 Dortmund
authorized to jointly
represent the company
born: 20.09.1953
Proxy:
Kornelia Leucht
D 74206 Bad Wimpfen
authorized to jointly
represent the company
born: 29.12.1973
Proxy:
Alexandra Schmidt
D 44787 Bochum
authorized to jointly
represent the company
born: 10.01.1970
née: Köhn
Proxy:
Stefan Krauß
D 40472 Ratingen
authorized to jointly represent
the company
born: 14.10.1966
Proxy:
Torsten Kehne
D 71299 Wimsheim
authorized to jointly
represent the company
born: 15.09.1970
Proxy:
Petra Hokkanen
D 91593 Burgbernheim
authorized to jointly
represent the company
born: 05.10.1964
Proxy:
Hans-Joachim Göbbels
D 45359 Essen
authorized to jointly
represent the company
born: 20.07.1958
Proxy:
Ines Grdan-Bußkamp
D 44135 Dortmund
authorized to jointly represent the
company
born: 24.08.1978
Proxy:
Michael Frommelt
D 24576 Bad Bramstedt
authorized to jointly
represent the company
born: 04.03.1960
Proxy:
Volker Arens
D 45359 Essen
authorized to jointly
represent the company
born: 03.05.1968
Proxy:
Silke Wiedemann
D 45359 Essen
authorized to jointly
represent the company
born: 07.03.1966
Proxy:
Florian Schütze
D 38855 Wernigerode
authorized to jointly represent the company
born: 12.07.1977
Proxy:
Marc Bahr
D 45359 Essen
authorized to jointly
represent the company
born: 02.12.1966
Proxy:
Helge Spiekermann
D 45359 Essen
authorized to jointly
represent the company
born: 23.11.1970
Proxy:
Ivonne Wadewitz
D 04509 Schönwölkau
authorized to jointly
represent the company
born: 05.01.1972
Proxy:
Andreas Tepest
D 47623 Kevelaer
authorized to jointly
represent the company
born: 31.05.1966
Further functions/participations of
Heinrich-Otto Deichmann
(Managing Director)
Limited partner:
Deichmann-Familiengesellschaft mbH & Co. KG
Richard-Matthaei-Platz 1
D 59065 Hamm
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 1,600,000.00
contribution:
Share: EUR 800,000.00
Registered
on: 21.12.2007
Reg. data: 59065 Hamm, HRA 3287
Manager:
Taurus XVII Verwaltungs-GmbH
Deichmannweg 9
D 45359 Essen
Legal form: Private
limited company
Share capital: EUR 52,000.00
Registered
on: 27.12.1976
Reg. data: 45130 Essen, HRB 9476
Manager:
Deichmann-Familienbeteiligungsgesellschaft
mbH
Richard-Matthaei-Platz 1
D 59065 Hamm
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered
on: 11.12.2007
Reg. data: 59065 Hamm, HRB 6098
Member of the Board of Directors:
Stiftung
Wissenschaftliche Hochschule für
Unternehmensführung Otto
Beisheim Hochschule
(WHU)
Burgplatz 2
D 56179 Vallendar
Legal form: Private law
foundation
Reg. data: 56068 Koblenz,
President of the Administrative Board:
MyShoes SE
Deichmannweg 9
D 45359 Essen
Legal form: European
Company (SE)
Share capital: EUR 3,000,000.00
Registered
on: 18.03.2014
Reg. data: 45130 Essen, HRB 25323
Further functions/participations of Veit
Weiland (Managing
Director)
Manager:
Lidl Dienstleistung
Beteiligungs-GmbH
Rötelstr. 30
D 74172 Neckarsulm
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered
on: 23.09.1997
Reg. data: 70190 Stuttgart, HRB 106430
Manager:
Deichmann-Schuhe
Service-GmbH
Deichmannweg 9
D 45359 Essen
Legal form: Private
limited company
Share capital: EUR
35,000,000.00
Registered
on: 29.09.2006
Reg. data: 45130 Essen, HRB 19456
Proxy:
MyShoes SE
Deichmannweg 9
D 45359 Essen
Legal form: European
Company (SE)
Share capital: EUR 3,000,000.00
Registered
on: 18.03.2014
Reg. data: 45130 Essen, HRB 25323
Proxy:
Ochsner Sport SE
Deichmannweg 9
D 45359 Essen
Legal form: European
Company (SE)
Share capital: EUR
3,000,000.00
Registered
on: 10.07.2014
Reg. data: 45130 Essen, HRB 25569
Proxy:
Roland SE
Deichmannweg 9
D 45359 Essen
Legal form: European
Company (SE)
Share capital: EUR 3,000,000.00
Registered
on: 03.08.2009
Reg. data: 45130 Essen, HRB 21576
Further functions/participations of Dr. Olaf
Bernd Ihde (Managing
Director)
Manager:
Deichmann-Schuhe
Service-GmbH
Deichmannweg 9
D 45359 Essen
Legal form: Private
limited company
Share capital: EUR
35,000,000.00
Registered
on: 29.09.2006
Reg. data: 45130 Essen, HRB 19456
Managing Director:
Ochsner Sport SE
Deichmannweg 9
D 45359 Essen
Legal form: European
Company (SE)
Share capital: EUR 3,000,000.00
Registered
on: 10.07.2014
Reg. data: 45130 Essen, HRB 25569
Further functions/participations of Martin
Fischer (Managing
Director)
Manager:
Deichmann-Schuhe
Service-GmbH
Deichmannweg 9
D 45359 Essen
Legal form: Private
limited company
Share capital: EUR
35,000,000.00
Registered
on: 29.09.2006
Reg. data: 45130 Essen, HRB 19456
Further functions/participations of Martin
Heynen (Managing
Director)
Limited partner:
FHH Immobilienfonds
Stadtquartier Freiburg
GmbH & Co. KG
Raboisen 6
D 20095 Hamburg
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR
4,167,000.00
contribution:
Share: EUR 20,000.00
Registered
on: 14.02.2011
Reg. data: 20355 Hamburg, HRA 112731
Manager:
Deichmann-Schuhe
Service-GmbH
Deichmannweg 9
D 45359 Essen
Legal form: Private
limited company
Share capital: EUR
35,000,000.00
Registered
on: 29.09.2006
Reg. data: 45130 Essen, HRB 19456
Manager:
Taurus XVII
Verwaltungs-GmbH
Deichmannweg 9
D 45359 Essen
Legal form: Private
limited company
Share capital: EUR 52,000.00
Registered
on: 27.12.1976
Reg. data: 45130 Essen, HRB 9476
Manager:
Deichmann-Familienbeteiligungsgesellschaft
mbH
Richard-Matthaei-Platz 1
D 59065 Hamm
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered
on: 11.12.2007
Reg. data: 59065 Hamm, HRB 6098
Managing Director:
MyShoes SE
Deichmannweg 9
D 45359 Essen
Legal form: European
Company (SE)
Share capital: EUR 3,000,000.00
Registered
on: 18.03.2014
Reg. data: 45130 Essen, HRB 25323
Managing Director:
Roland SE
Deichmannweg 9
D 45359 Essen
Legal form: European
Company (SE)
Share capital: EUR 3,000,000.00
Registered
on: 03.08.2009
Reg. data: 45130 Essen, HRB 21576
Managing Director:
D / O Europa-Holding SE
Deichmannweg 9
D 45359 Essen
Legal form: European
Company (SE)
Share capital: EUR 120,000.00
Registered
on: 21.11.2014
Reg. data: 45130 Essen, HRB 25874
Managing Director:
Taurus XI SE
Deichmannweg 9
D 45359 Essen
Legal form: European
Company (SE)
Share capital: EUR 120,000.00
Registered
on: 21.11.2014
Reg. data: 45130 Essen, HRB 25873
Managing Director:
Ochsner Sport SE
Deichmannweg 9
D 45359 Essen
Legal form: European
Company (SE)
Share capital: EUR 3,000,000.00
Registered
on: 10.07.2014
Reg. data: 45130 Essen, HRB 25569
President of the Supervisory Board:
Hamburger
Pensionsverwaltung e.G.
Adenauerallee 21
D 20097 Hamburg
Post Box:
10 50 27, D 20035 Hamburg
Legal form: Registered
cooperative
Registered
on: 22.08.1994
Reg. data:
20355 Hamburg, GnR 980
Proxy:
Snipes SE
Mannesmannstr. 10
D 50996 Köln
Legal form: European
Company (SE)
Share capital: EUR
3,000,000.00
Registered
on: 10.02.2015
Reg. data: 50939 Köln, HRB 83528
Further functions/participations of Manfred
Kroneder (Managing
Director)
Manager:
Leistenzentrum Motsch GmbH
Hillstr. 1
D 66953 Pirmasens
Legal form: Private
limited company
Share capital: EUR 200,000.00
Registered
on: 21.11.2008
Reg. data: 66482 Zweibrücken, HRB 30399
Manager:
Deichmann-Schuhe
Service-GmbH
Deichmannweg 9
D 45359 Essen
Legal form: Private limited
company
Share capital: EUR
35,000,000.00
Registered
on: 29.09.2006
Reg. data: 45130 Essen, HRB 19456
1913 - 27.08.2008 DEICHMANN
International-Holding
Gesellschaft mit
beschränkter
Deichmannweg
9
D
45359 Essen
Private limited company
27.08.2008 - 16.12.2008 Deichmann
International Holding AG
Deichmannweg 9
D 45359 Essen
Public limited company
09.01.2009 - 04.08.2015 Managing
Director
Karsten Schütt
D 20095 Hamburg
Main industrial sector
46422 Wholesale of footwear
46492 Wholesale of bicycles, bicycle parts and
accessories,sports and camping articles (except camping furniture)
46493 Wholesale of leather goods, luggage,
giftware and advertising articles
4719 Other retail sale in non-specialized stores
Works:
Deichmann SE
Zeil 109
D 60313 Frankfurt
TEL.: 069/91399681
Branch:
Deichmann SE
An der Knippenburg 4
D 46238 Bottrop
TEL.: 02041/693892
Branch:
Deichmann SE
Jahnstr. 49
D 06766 Bitterfeld-Wolfen
TEL.: 03494/6550-0
Branch:
Deichmann SE
Deichmannstr. 1
D 91555 Feuchtwangen
Branch:
Deichmann SE
Petersstr. 22
D 04109 Leipzig
Branch:
Deichmann SE
Kirchgasse 19
D 65185 Wiesbaden
Branch:
Deichmann SE
Carl-Fischer-Str. 1
D 49084 Osnabrück
Branch:
Deichmann SE
Am Borsigturm
D 13507 Berlin
Branch:
Deichmann SE
Große Str. 91/92
D 49074 Osnabrück
Branch:
Deichmann SE
Iburger Str. 225
D 49082 Osnabrück
Branch:
Deichmann SE
Niedere Str. 22
D 78050
Villingen-Schwenningen
Branch:
Deichmann SE
Friedensstr. 1
D 99423 Weimar
Branch:
Deichmann SE
Gemündener Str. 6
D 97753 Karlstadt
Branch:
Deichmann SE
Am Wollhaus 1
D 74072 Heilbronn
Branch:
Deichmann SE
Am Westerfeld 7
D 29614 Soltau
Branch:
Deichmann SE
Bornstr. 160
D 44145 Dortmund
Branch:
Deichmann SE
Bahnhofstr. 19
D 33803 Steinhagen
Branch:
Deichmann SE
Robert-Bosch-Ring 12
D 84375 Kirchdorf
Branch:
Deichmann SE
Hutfilterstr. 9-13
D 28195 Bremen
Branch:
Deichmann SE
Heideweg 2
D 29614 Soltau
TEL.: 05191/6960
Shareholder:
Deichmann-Schuhe
Service-GmbH
Deichmannweg 9
D 45359 Essen
Legal form: Private
limited company
Company Status: active
Share capital: EUR
35,000,000.00
Share: EUR 35,000,000.00
Reg. data: 29.09.2006
Local court 45130 Essen
HRB 19456
Shareholder:
Roland SE
Deichmannweg 9
D 45359 Essen
Legal form: European
Company (SE)
Company Status: active
Share capital: EUR 3,000,000.00
Share: 100.000 %
Reg. data: 03.08.2009
Local court
45130 Essen
HRB 21576
Payment experience: Good
Negative information: We have no negative information at hand.
Balance sheet year: 2012
Type of ownership: Tenant
Address Deichmannweg
9
D 45359 Essen
Real Estate of: Heinrich-Otto
Deichmann
Type of ownership: proprietor
Share: 100.00 %
Address Meckenstocker
Höfe 14
D 45133 Essen
Land register documents were not available.
DEUTSCHE BANK, 45116 ESSEN, RUHR
Sort. code: 36070050
BIC: DEUTDEDEXXX
COMMERZBANK VORMALS DRESDNER BANK, 45008
ESSEN, RUHR
Sort. code: 36080080
BIC: DRESDEFF360
SPARKASSE ESSEN, 45117 ESSEN, RUHR
Sort. code: 36050105
BIC: SPESDE3EXXX
Turnover: 2013 EUR 1,825,000,000.00
2014 EUR 1,818,000,000.00
further business figures:
Equipment: EUR 130,654,000.00
Ac/ts receivable: EUR 84,842,000.00
Liabilities: EUR 163,143,000.00
Employees:
8,712
- thereof permanent
staff:
5,795
- Trainees:
2,917
BALANCE SHEETS
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 63.97
Liquidity ratio: 10.00
Return on total capital [%]: 10.06
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 61.02
Liquidity ratio: 10.00
Return on total capital [%]: 11.62
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 57.92
Liquidity ratio: 10.00
Return on total capital [%]: 16.05
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: 01.01.2012 - 31.12.2012
ASSETS EUR 1,082,176,000.00
Fixed assets EUR 421,853,000.00
Intangible assets EUR 6,048,000.00
Concessions, licences,
rights EUR 5,752,000.00
Advance payments for
intang. assets EUR 296,000.00
Tangible assets EUR 193,740,000.00
Land / similar
rights EUR 61,578,000.00
Other tangible assets /
fixtures and
fittings EUR 130,654,000.00
Advance payments made /
construction
in progress EUR 1,508,000.00
Financial assets EUR 222,065,000.00
Shares in participations
/
subsidiaries and the
like EUR 97,598,000.00
Shares in related
companies EUR 97,598,000.00
Securities included in
fixed assets EUR 124,095,000.00
Other loans EUR 372,000.00
Current assets EUR 657,785,000.00
Stocks EUR 264,317,000.00
Raw materials,
consumables and
supplies EUR 2,286,000.00
Finished goods / work in
progress EUR 261,790,000.00
Advance payments
made EUR 241,000.00
Accounts receivable EUR 84,842,000.00
Trade debtors EUR 5,895,000.00
Amounts due from related
companies EUR 61,019,000.00
Other debtors and
assets EUR 17,928,000.00
Liquid means EUR 308,626,000.00
Remaining other
assets EUR 2,538,000.00
Accruals (assets) EUR 2,538,000.00
LIABILITIES EUR 1,082,176,000.00
Shareholders' equity EUR
633,603,000.00
Capital EUR 200,000,000.00
Subscribed capital
(share capital) EUR 200,000,000.00
Reserves EUR 23,177,000.00
Retained earnings / revenue
reserves EUR 23,177,000.00
Balance sheet profit/loss
(+/-) EUR 410,426,000.00
Balance sheet profit /
loss EUR 410,426,000.00
Items between
shareholders' equity and
debt capital EUR 95,000,000.00
Mezzanine financing EUR 95,000,000.00
Contributions of silent
partners EUR 95,000,000.00
Provisions EUR 190,206,000.00
Pension provisions and
comparable
provisions EUR 125,541,000.00
Provisions for taxes EUR 3,740,000.00
Other / unspecified
provisions EUR 60,925,000.00
Liabilities EUR 163,143,000.00
Other liabilities EUR 163,143,000.00
Trade creditors (for IAS
incl. bills
of exchange) EUR 57,973,000.00
Liabilities due to
shareholders EUR 58,629,000.00
Liabililties due to
related companiesEUR
4,600,000.00
Unspecified other
liabilities EUR 41,941,000.00
Other liabilities EUR 224,000.00
Deferrals
(liabilities) EUR 224,000.00
PROFIT AND LOSS ACCOUNT
(cost-summary method) according to Comm.
Code (HGB)
Sales EUR 1,824,036,000.00
Inventory change + own
costs (+/-) EUR 321,000.00
Capitalised own costs EUR 321,000.00
Other operating
income EUR 6,977,000.00
Cost of materials EUR 981,771,000.00
Raw materials and
supplies, purchased
goods EUR
979,585,000.00
Purchased services EUR 2,186,000.00
Gross result (+/-) EUR 849,563,000.00
Staff expenses EUR 332,532,000.00
Wages and salaries EUR 264,118,000.00
Social security
contributions and
expenses for pension
plans and
benefits EUR 68,414,000.00
Total depreciation EUR 33,522,000.00
Depreciation on tangible
/ intangible
asssets (incl. start-up
and exp. of
bus. EUR 33,522,000.00
Other operating
expenses EUR 300,834,000.00
Operating result from
continuing
operations EUR 182,675,000.00
Result from participating
interests
(+/-) EUR -3,687,000.00
Expenses for
participations EUR 3,687,000.00
Expenses for other
participations EUR 3,687,000.00
Interest result (+/-) EUR -12,421,000.00
Interest and similar
income EUR 3,101,000.00
thereof from related
companies EUR 926,000.00
Interest and similar
expenses EUR 15,522,000.00
Other financial
result EUR -1,635,000.00
Depreciation on financial
assets and
marketable
securities EUR 1,635,000.00
Financial result
(+/-) EUR
-17,743,000.00
Result from ordinary
operations (+/-) EUR 164,932,000.00
Income tax / refund of
income tax (+/-)EUR -55,576,000.00
Other taxes / refund of
taxes EUR -463,000.00
Tax (+/-) EUR -56,039,000.00
Annual surplus / annual
deficit EUR 108,893,000.00
Type of balance
sheet: Company balance sheet
Origin of the present
balance sheet: electronic German Federal Gazette
Financial year:
01.01.2011 - 31.12.2011
ASSETS EUR 959,466,000.00
Fixed assets EUR 291,195,000.00
Intangible assets EUR 5,661,000.00
Concessions, licences,
rights EUR 5,463,000.00
Advance payments for
intang. assets EUR 198,000.00
Tangible assets EUR 187,520,000.00
Land / similar
rights EUR 63,816,000.00
Other tangible assets /
fixtures and
fittings EUR 123,227,000.00
Advance payments made /
construction
in progress EUR 477,000.00
Financial assets EUR
98,014,000.00
Shares in participations
/
subsidiaries and the
like EUR 97,598,000.00
Shares in related
companies EUR 97,598,000.00
Other loans EUR 416,000.00
Current assets EUR 667,151,000.00
Stocks EUR 249,718,000.00
Raw materials,
consumables and
supplies EUR 1,570,000.00
Finished goods / work in
progress EUR 245,587,000.00
Advance payments
made EUR 2,561,000.00
Accounts receivable EUR 74,895,000.00
Trade debtors EUR 3,279,000.00
Amounts due from related companies EUR
54,602,000.00
Other debtors and
assets EUR 17,014,000.00
Liquid means EUR 342,538,000.00
Remaining other
assets EUR 1,120,000.00
Accruals (assets) EUR 1,120,000.00
LIABILITIES EUR 959,466,000.00
Shareholders' equity EUR 524,965,000.00
Capital EUR 200,000,000.00
Subscribed capital
(share capital) EUR 200,000,000.00
Reserves EUR 19,739,000.00
Retained earnings /
revenue reserves EUR
19,739,000.00
Balance sheet profit/loss
(+/-) EUR 305,226,000.00
Balance sheet profit /
loss EUR 305,226,000.00
Items between
shareholders' equity and
debt capital EUR 95,000,000.00
Mezzanine financing EUR 95,000,000.00
Contributions of silent
partners EUR 95,000,000.00
Provisions EUR 190,976,000.00
Pension provisions and
comparable
provisions EUR 114,399,000.00
Provisions for taxes EUR 21,270,000.00
Other / unspecified
provisions EUR 55,307,000.00
Liabilities EUR 148,214,000.00
Other liabilities EUR 148,214,000.00
Trade creditors (for IAS
incl. bills
of exchange) EUR 46,393,000.00
Liabilities due to
shareholders EUR 60,470,000.00
Liabililties due to
related companiesEUR
3,548,000.00
Unspecified other
liabilities EUR 37,803,000.00
Other liabilities EUR 311,000.00
Deferrals
(liabilities) EUR 311,000.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 1,774,274,000.00
Inventory change + own
costs (+/-) EUR 298,000.00
Capitalised own
costs EUR 298,000.00
Other operating
income EUR 10,597,000.00
Cost of materials EUR 973,094,000.00
Raw materials and
supplies, purchased
goods EUR 973,004,000.00
Purchased services EUR 90,000.00
Gross result (+/-) EUR 812,075,000.00
Staff expenses EUR 304,877,000.00
Wages and salaries EUR 248,695,000.00
Social security
contributions and
expenses for pension
plans and
benefits EUR 56,182,000.00
Total depreciation EUR 31,347,000.00
Depreciation on tangible
/ intangible
asssets (incl. start-up
and exp. of
bus. EUR 31,347,000.00
Other operating
expenses EUR 292,580,000.00
Operating result from
continuing
operations EUR 183,271,000.00
Result from participating
interests
(+/-) EUR -7,221,000.00
Expenses for
participations EUR 7,221,000.00
Expenses for other
participations EUR 7,221,000.00
Interest result (+/-) EUR -11,844,000.00
Interest and similar
income EUR 4,204,000.00
thereof from related
companies EUR 716,000.00
Interest and similar
expenses EUR 16,048,000.00
Other financial
result EUR -2,421,000.00
Depreciation on financial
assets and
marketable
securities EUR 2,421,000.00
Financial result
(+/-) EUR -21,486,000.00
Result from ordinary
operations (+/-) EUR 161,785,000.00
Income tax / refund of
income tax (+/-)EUR -49,770,000.00
Other taxes / refund of
taxes EUR -529,000.00
Tax (+/-) EUR -50,299,000.00
Annual surplus / annual
deficit EUR 111,486,000.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.65 |
|
|
1 |
Rs.99.61 |
|
Euro |
1 |
Rs.72.33 |
|
Euro |
1 |
Rs.71.91 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
TRI |
|
|
|
|
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.