MIRA INFORM REPORT

 

 

Report No. :

354073

Report Date :

18.12.2015

 

IDENTIFICATION DETAILS

 

Name :

TAREQ IBRAHIM MOHAMED AL HINDI EST

 

 

Registered Office :

Kennedyplatz 1, D 50679 Köln

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2014

 

 

Date of Incorporation :

30.06.1998

 

 

Legal Form :

Private limited company

 

 

Line of Business :

  • Manufacture of other inorganic basic chemicals
  • Wholesale of chemical products
  • Other business support service activities n. e. c.

 

 

No. of Employee :

16,500

 

 

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


 Company name and address

 

 LANXESS DEUTSCHLAND GMBH

 

 Company Status:         active

                                    Kennedyplatz 1

                                    D 50679 Köln

                                    Telephone:0221/8885-0

                                    Homepage: www.lanxess.de

                                    E-mail:   lanxess-info@lanxess.com

 VAT no.:                      DE814000384

 

 

 CONCLUSION

 

 Business relations are permissible.

 LEGAL FORM              Private limited company

 Date of foundation:      30.06.1998

 Shareholders'

 agreement:                   30.06.1998

 Registered on:             19.03.2004

 Commercial Register:   Local court 50939 Köln

 under:                          HRB 52600

 Share capital:               EUR         20,000,000.00

 

 

 Shareholder

 

                      LANXESS Aktiengesellschaft

                      Kennedyplatz 1

                      D 50679 Köln

                      Legal form: Public limited company

                      Share capital:     EUR         91,522,936.00

                      Share:                 EUR         20,000,000.00

                      Registered on: 03.09.2004

                      Reg. data: 50939 Köln, HRB 53652

                      Control and profit transfer agreement

 

 

 Manager

 

                      Matthias Zachert

                      D 53111 Bonn

                      born: 08.11.1967 in Bonn

                      Profession: Fully qualified merchant

 Manager:

                      Michael Pontzen

                      D 50667 Köln

                      born: 23.12.1969

 Manager:

                      Dr. Hubert Fink

                      D 47798 Krefeld

                      born: 03.03.1962

 Member of the Supervisory Board:

                      Dr.rer.pol. Friedrich Janssen

                      Redtenbacherstr. 16

                      D 45133 Essen

                      born: 24.06.1948 in Essen

                      Profession: Fully qualified merchant

                      Marital status: unknown

 Member of the Supervisory Board:

                      Dr. rer. pol. Rolf Stomberg

                      Falkenstein 9

                      D 22587 Hamburg

                      born: 10.04.1940

                      Profession: economist

                      Marital status: married

 Member of the Supervisory Board:

                      Claudia Nemat

                      D 40210 Düsseldorf

                      born: 12.12.1968 in Bensberg

                      Profession: Physicist

                      Marital status: unknown

 Member of the Supervisory Board:

                      Theo H. Walthie

                      CH  Paffikon

                      Nationality: Swiss

                      Marital status: unknown

 Member of the Supervisory Board:

                      Dr. Matthias Wolfgruber

                      D 84453 Mühldorf

                      Marital status: unknown

 Member of the Supervisory Board:

                      Lawrence Rosen

                      D 53111 Bonn

                      Marital status: unknown

 Representative of the Employees within the Supervisory Board:

                      Ulrich Freese

                      Spreeaue 30

                      D 03130 Spremberg

                      born: 12.04.1951 in Drewenack

                      Marital status: married

 Representative of the Employees within the Supervisory Board:

                      Axel Alfred Berndt

                      Haberstr. 57

                      D 51373 Leverkusen

                      born: 25.06.1957 in Halle (Saale)

                      Profession: Office Clerk

                      Marital status: divorced

 Representative of the Employees within the Supervisory Board:

                      Dr. Hans-Dieter Gerriets

                      D 47228 Duisburg

                      born: 13.05.1959 in Köln

                      Profession: Chemist

                      Marital status: married

 Representative of the Employees within the Supervisory Board:

                      Thomas Meiers

                      D 50667 Köln

                      Marital status: unknown

 Representative of the Employees within the Supervisory Board:

                      Hans-Jürgen SChicker

                      D 47443 Moers

                      Marital status: unknown

 Representative of the Employees within the Supervisory Board:

                      Gisela Seidel

                      D 41541 Dormagen

                      Marital status: unknown

 

Proxy

 

                      Dr. Wolfgang Krumbe

                      Bremersheide 16

                      D 42799 Leichlingen

                      having sole power of representation

                      born: 29.11.1957

                      Marital status: married

 Proxy:

                      Jörg Hellwig

                      Philadelphiastr. 70

                      D 47799 Krefeld

                      having sole power of representation

                      born: 03.05.1965

                      Marital status: single

 Proxy:

                      Birgitt Winkler

                      D 40878 Ratingen

                      having sole power of representation

                      born: 06.06.1962

 Proxy:

                      Dietmar Winkel

                      D 51379 Leverkusen

                      having sole power of representation

                      born: 31.10.1959

 Proxy:

                      Dr. Arno Bernd Heinz Borkowsky

                      Europa-Allee 60

                      D 64625 Bensheim

                      having sole power of representation

                      born: 21.04.1959

 Proxy:

                      Dr. Stephanie Coßmann

                      D 40822 Mettmann

                      having sole power of representation

                      born: 02.10.1973

 Proxy:

                      Markus Eckert

                      D 50733 Köln

                      having sole power of representation

                      born: 28.04.1971

 Proxy:

                      Dirk Peters

                      D 51067 Köln

                      having sole power of representation

                      born: 26.07.1964

 Proxy:

                      Dr. Heiko Thielking

                      D 51427 Bergisch Gladbach

                      having sole power of representation

                      born: 26.06.1970

 Proxy:

                      Dr. Torsten Hauschild

                      D 51427 Bergisch Gladbach

                      having sole power of representation

                      born: 11.07.1963

 Proxy:

                      Peter Henrichfreise

                      D 50126 Bergheim

                      having sole power of representation

                      born: 14.03.1966

 Proxy:

                      Dr. Joachim Waldi

                      D 41539 Dormagen

                      having sole power of representation

                      born: 07.02.1959

 Proxy:

                      Ingo Broda

                      D 51570 Windeck

                      having sole power of representation

                      born: 23.02.1961

 Proxy:

                      Dr. Matthias Rücker

                      D 40472 Ratingen

                      having sole power of representation

                      born: 07.05.1970

 Proxy:

                      Wolfgang Fichtner

                      Bahnstr. 105a

                      D 40764 Langenfeld

                      having sole power of representation

                      born: 21.01.1968

                      Marital status: married

 Proxy:

                      Dr. Günther Weymans

                      Warthstr. 35

                      D 51674 Wiehl

                      having sole power of representation

                      born: 25.09.1957

 Proxy:

                      Dr. Torsten Derr

                      D 51371 Leverkusen

                      having sole power of representation

                      born: 17.01.1970

 Proxy:

                      Dr. Manfred Adolf Daun

                      Bertha-von-Suttner-Weg 21

                      D 47877 Willich

                      having sole power of representation

                      born: 19.09.1963

 Proxy:

                      Dr. Alexander Klein

                      In der Taufe 6

                      D 51427 Bergisch Gladbach

                      having sole power of representation

                      born: 30.09.1967

 Proxy:

                      Marcel Beermann

                      D 40822 Mettmann

                      having sole power of representation

                      born: 18.09.1972

 Proxy:

                      Dr. Gerald John

                      D 51373 Leverkusen

                      having sole power of representation

                      born: 09.05.1966

                      Marital status: unknown

 Proxy:

                      Dieter Helmut Seufert

                      D 41460 Neuss

                      having sole power of representation

                      born: 24.05.1957

 Proxy:

                      Michael Schäfer

                      Neusser Str. 41

                      D 50670 Köln

                      having sole power of representation

                      born: 25.12.1974

 Proxy:

                      Thomas Pfeiffer

                      D 47447 Moers

                      having sole power of representation

                      born: 05.04.1965

 Proxy:

                      Dr. Richard Weider

                      In der Dasladen 14

                      D 51381 Leverkusen

                      having sole power of representation

                      born: 07.03.1958

 Proxy:

                      Jean-Marc Vesselle

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 15.08.1964

 Proxy:

                      Peter-Hanjo Homberg

                      D 41460 Neuss

                      having sole power of representation

                      born: 28.11.1972

 Proxy:

                      Dr. Stephan Deblon

                      D 53797 Lohmar

                      having sole power of representation

                      born: 21.10.1970

 Proxy:

                      Dr. Rolf Haselhorst

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 07.05.1967

 Proxy:

                      Paul Krema

                      Freiligrathstr. 18

                      D 50935 Köln

                      having sole power of representation

                      born: 25.02.1966

 Proxy:

                      Stefan Rittmann

                      D 45127 Essen

                      having sole power of representation

                      born: 23.02.1971

 Proxy:

                      Claus Zemke

                      D 10115 Berlin

                      having sole power of representation

                      born: 07.03.1969

 Proxy:

                      Dr. Alexander Wagner

                      D 51379 Leverkusen

                      having sole power of representation

                      born: 30.06.1970

 Proxy:

                      Dr. Michael Kortenbusch

                      D 41564 Kaarst

                      having sole power of representation

                      born: 12.03.1960

 Proxy:

                      Wolfgang Märker-Feldkamp

                      D 41538 Dormagen

                      having sole power of representation

                      born: 25.08.1969

 Proxy:

                      Petra Hilbert

                      D 68167 Mannheim

                      having sole power of representation

                      born: 03.05.1970

 Proxy:

                      Susanna Steinle

                      D 41061 Mönchengladbach

                      having sole power of representation

                      born: 11.04.1963

 Proxy:

                      Oliver Stratmann

                      D 50667 Köln

                      having sole power of representation

                      born: 02.07.1972

 Proxy:

                      Dr. Ralf-Ingo Schenkel

                      D 40764 Langenfeld

                      having sole power of representation

                      born: 28.09.1965

 Proxy:

                      Dr. Holger Graf

                      D 42781 Haan

                      having sole power of representation

                      born: 11.09.1969

 Proxy:

                      Jan Paul de Vries

                      NL  Valkenburg

                      having sole power of representation

                      born: 18.07.1958

                      Nationality: Dutch

 Proxy:

                      Kai Finke

                      D 40789 Monheim

                      having sole power of representation

                      born: 17.10.1966

 Proxy:

                      Frederique van Baarle

                      D 40210 Düsseldorf

                      having sole power of representation

                      born: 30.03.1971

                      née: van der Burg

 Proxy:

                      Dr. Oliver Kretschik

                      D 50667 Köln

                      having sole power of representation

                      born: 08.08.1967

 Proxy:

                      Dr. Herman Dikland

                      D 50667 Köln

                      having sole power of representation

                      born: 03.04.1965

 Proxy:

                      Claudia Kornak

                      D 51373 Leverkusen

                      having sole power of representation

                      born: 22.05.1963

 Proxy:

                      Dr. Ansgar Eltner

                      D 51373 Leverkusen

                      having sole power of representation

                      born: 17.06.1966

 Proxy:

                      Dr. Andreas Schulze Tilling

                      D 42799 Leichlingen

                      having sole power of representation

                      born: 16.05.1965

 Proxy:

                      Bettina Blottko

                      D 50674 Köln

                      having sole power of representation

                      born: 21.05.1977

 Proxy:

                      Michael Schmitz

                      D 47877 Willich

                      having sole power of representation

                      born: 16.01.1968

 Proxy:

                      Simon Berheide

                      D 51371 Leverkusen

                      having sole power of representation

                      born: 09.08.1982

 Proxy:

                      Markus Linke

                      D 51519 Odenthal

                      having sole power of representation

                      born: 12.04.1971

 Proxy:

                      Dr. Michael Münker

                      D 51427 Bergisch Gladbach

                      having sole power of representation

                      born: 16.06.1968

 Proxy:

                      Dr. Wolfgang Oehlert

                      D 50667 Köln

                      having sole power of representation

                      born: 21.04.1963

 Proxy:

                      Ralf Scholtz

                      D 40668 Meerbusch

                      having sole power of representation

                      born: 23.12.1971

 Proxy:

                      Joachim Mandl-Ehmann

                      D 51371 Leverkusen

                      having sole power of representation

                      born: 13.07.1966

 Proxy:

                      Karsten Job

                      D 51371 Leverkusen

                      having sole power of representation

                      born: 13.03.1972

 Proxy:

                      Gerd Grunow

                      D 50679 Köln

                      having sole power of representation

                      born: 25.10.1955

 Proxy:

                      Jürgen Gunther

                      D 51371 Leverkusen

                      having sole power of representation

                      born: 17.03.1957

 Proxy:

                      Andreas Kemnitz

                      D 53332 Bornheim

                      having sole power of representation

                      born: 06.01.1963

 Proxy:

                      Joachim Kunz

                      D 50679 Köln

                      having sole power of representation

                      born: 25.09.1979

 Proxy:

                      Dr. Hans-Jürgen Mick

                      D 47051 Duisburg

                      having sole power of representation

                      born: 26.12.1963

 Proxy:

                      Mario Negri

                      D 51371 Leverkusen

                      having sole power of representation

                      born: 11.06.1961

 Proxy:

                      Tim Hauschildt

                      D 76878 Bornheim

                      having sole power of representation

                      born: 24.05.1974

 Proxy:

                      Thorsten Bredemann

                      D 50226 Frechen

                      having sole power of representation

                      born: 12.02.1970

 Proxy:

                      Sinah Mertens

                      D 50679 Köln

                      having sole power of representation

                      born: 23.01.1969

 Proxy:

                      Ulrich Wolf

                      D 51371 Leverkusen

                      having sole power of representation

                      born: 09.10.1957

 

 Further functions/participations of Matthias Zachert (Manager)

 President of the Board of Directors:

                      LANXESS Aktiengesellschaft

                      Kennedyplatz 1

                      D 50679 Köln

                      Legal form: Public limited company

                      Share capital:     EUR         91,522,936.00

                      Registered

                      on:         03.09.2004

                      Reg. data:  50939 Köln, HRB 53652

 

 Further functions/participations of Michael Pontzen (Manager)

 Member of the Board of Directors:

                      LANXESS Aktiengesellschaft

                      Kennedyplatz 1

                      D 50679 Köln

                      Legal form: Public limited company

                      Share capital:     EUR         91,522,936.00

                      Registered

                      on:                                 03.09.2004

                      Reg. data:           50939 Köln, HRB 53652

 

 Further functions/participations of Dr. Hubert Fink (Manager)

 Member of the Board of Directors:

                      LANXESS Aktiengesellschaft

                      Kennedyplatz 1

                      D 50679 Köln

                      Legal form: Public limited company

                      Share capital:     EUR         91,522,936.00

                      Registered

                      on:                                 03.09.2004

                      Reg. data:           50939 Köln, HRB 53652

 

 

 COMPANY HISTORY

 

 30.06.1998 - 19.03.2004  DIONYSOS ZWEITE Vermögenverwaltungs GmbH

                          Marie-Curie-Str. 30

                          D 60439 Frankfurt

                          Private limited company

 19.03.2004 - 21.04.2004  DIONYSOS ZWEITE Vermögenverwaltungs GmbH

                          D 51381 Leverkusen

                          Private limited company

 21.04.2004 - 06.08.2013  LANXESS Deutschland GmbH

                          Kaiser-Wilhelm-Allee 40

                          D 51373 Leverkusen

                          Private limited company

 

 

 RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

 04.11.2014 - 08.07.2015            Member of the Supervisory Board

                                                Robert Koehler

                                                D 65197 Wiesbaden

 04.11.2014 - 08.07.2015            Member of the Supervisory Board

                                                             Rainer Laufs

                                                D 61476 Kronberg

 12.04.2011 - 14.04.2015            Manager

                                                Dr. rer. pol. Bernhard Alexander

                                                Düttmann

                                                D 20253 Hamburg

 01.06.2007 - 03.09.2014            Manager

                                                Dr. Werner Breuers

                                                D 53111 Bonn

 28.12.2004 - 26.02.2014            Manager

                                                Dr. Axel Claus Heitmann

                                                D 45468 Mülheim

 

 

 BUSINESS ACTIVITIES

 

 Main industrial sector

 20130              Manufacture of other inorganic basic chemicals

 4675                Wholesale of chemical products

 82999              Other business support service activities n. e. c.

 

 

 BRANCHES AND FACTORIES

 

 Works:

                      LANXESS Deutschland GmbH

                      Kaiser-Wilhelm-Allee 1

                      D 51373 Leverkusen

                      TEL.: 0214/3033333

 Branch:

                      LANXESS Deutschland GmbH

                      Alte Heerstr.

                      D 41540 Dormagen

                      TEL.: 02133/515500

 Branch:

                      LANXESS Deutschland GmbH

                      Rheinuferstr. 5-9 Chemiepark

                      D 47829 Krefeld

                      TEL.: 02151/882110

                      FAX.: 02151/887111

 

 

 PARTICIPATIONS

 

 General partner:

                      Currenta GmbH & Co. OHG

                      Kaiser-Wilhelm-Allee 80

                      D 51373 Leverkusen

                      Legal form: General partnership with private limited company as partner

                      Company Status: active

                      Reg. data:  25.09.2002

                                  Local court 50939 Köln

                                  HRA 20833

 Shareholder:

                      IAB Ionenaustauscher GmbH Bitterfeld

                      Salegaster Chaussee 1

                      D 06803 Bitterfeld-Wolfen

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR         30,700,000.00

                      Share:                 EUR         30,700,000.00

                      Reg. data:           19.12.1995

                                                Local court 39576 Stendal

                                                HRB 13617

 Shareholder:

                      Rhein Chemie Rheinau GmbH

                      Düsseldorfer Str. 23-27

                      D 68219 Mannheim

                      Post Box:

                      81 04 09

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR         20,452,000.00

                      Share:                 EUR         20,452,000.00

                      Reg. data:           11.03.1969

                                                Local court 68159 Mannheim

                                                HRB 1125

 Shareholder:

                      SALTIGO GmbH

                      Kaiser-Wilhelm-Allee 40

                      D 51373 Leverkusen

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          1,600,000.00

                      Share:                 EUR          1,600,000.00

                      Reg. data:           01.10.2013

                                                Local court 50939 Köln

                                                HRB 79615

 Shareholder:

                      LANXESS Buna GmbH

                      Paul-Baumann-Str. 1

                      D 45772 Marl

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          1,540,000.00

                      Share:                 EUR          1,540,000.00

                      Reg. data:           30.01.1995

                                                Local court 45879 Gelsenkirchen

                                                HRB 5912

 Shareholder:

                      DUBAY Polymer GmbH

                      Frielinghauser Str. 5

                      D 59071 Hamm

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:      EUR          2,000,000.00

                      Share:                 EUR          1,000,000.00

                      Reg. data:           01.08.2001

                                                Local court 59065 Hamm

                                                HRB 2732

 Shareholder:

                      LANXESS Distribution GmbH

                      Kaiser-Wilhelm-Allee 40

                      D 51373 Leverkusen

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            282,000.00

                      Share:                 EUR            282,000.00

                      Reg. data:           01.10.2013

                                                Local court 50939 Köln

                                                HRB 79616

 Shareholder:

                      Bond-Laminates GmbH

                      Am Patbergschen Dorn 11

                      D 59929 Brilon

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             93,800.00

                      Share:                 EUR             93,800.00

                      Reg. data:           15.02.2002

                                                Local court 59821 Arnsberg

                                                HRB 4003

 Shareholder:

                      LANXESS Accounting GmbH

                      Kennedyplatz 1

                      D 50679 Köln

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:                 EUR             25,000.00

                      Reg. data:           24.08.2004

                                                Local court 50939 Köln

                                                HRB 53580

 Shareholder:

                      LANXESS Middle East GmbH

                      Kennedyplatz 1

                      D 50679 Köln

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:                 EUR             25,000.00

                      Reg. data:           10.03.2005

                                                Local court 50939 Köln

                                                HRB 54907

 Shareholder:

                      Vierte LXS GmbH

                      Kaiser-Wilhelm-Allee 1

                      D 51373 Leverkusen

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:                 EUR             25,000.00

                      Reg. data:           04.05.2007

                                                Local court 50939 Köln

                                                HRB 60299

 Shareholder:

                      evocatal GmbH

                      Alfred-Nobel-Str. 10

                      D 40789 Monheim

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            136,921.00

                      Share:                 EUR             13,692.00

                      Reg. data:           08.05.2007

                                                Local court 40227 Düsseldorf

                                                HRB 56230

 Member:

                      SDIOC EWIV

                      Raffaelstr. 4

                      D 30177 Hannover

                      Legal form: European community of Economic

                                  interests

                      Company Status: active

                      Reg. data:  26.05.2010

                                  Local court 30175 Hannover

                                  HRA 201721

 

 


 FINANCIAL INFORMATION

 

 Payment experience:  within agreed terms

 Negative information:We have no negative information at hand.

 

 

 REAL ESTATE

 

 Type of ownership:       Tenant

 Address                       Kennedyplatz 1

                                    D 50679 Köln

 Land register documents were not available.

 

 

 BANKERS

 

 Principal bank

 DEUTSCHE BANK, 15203 FRANKFURT (ODER)

 Sort. code: 12070000

 BIC: DEUTDEBB160

 

 Further bank

 DEUTSCHE BANK, 51373 LEVERKUSEN

 Sort. code: 37570064

 BIC: DEUTDEDK375

 

 

 FINANCIAL FIGURES

 

 Financial year:      01.01. - 31.12.2014

 Turnover:                               EUR      8,006,000,000.00

 Share capital:                          EUR         20,000,000.00

 Equipment:                             *EUR        143,000,000.00

 Ac/ts receivable:                      *EUR        351,999,500.00

 Liabilities:                           *EUR        434,499,500.00

 Employees:                                                 16,500

 

 Control and profit transfer agreement to:

                      LANXESS Aktiengesellschaft

                      Kennedyplatz 1

                      D 50679 Köln

 

 The business figures marked with an asterisk are estimates based on average values in the line of business.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.66.65

UK Pound

1

Rs.99.61

Euro

1

Rs.72.33

EUR

1

Rs. 71.81

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

HEE

 

 

Report Prepared by :

ASH

 


 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

                                       New Business

 

--

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                  Payment record (10%)

Credit history (10%)                   Market trend (10%)                                Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.