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Report No. : |
357471 |
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Report Date : |
31.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
OOO "TDL TEKSTIL" |
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|
|
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Registered Office : |
Ul Pavla Bolshevikova D 27 Dom, Korp 9 Stroenie, |
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Country : |
Russia |
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Financials (as on) : |
31.12.2014 |
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Date of Incorporation : |
21.12.1998 |
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Legal Form : |
Limited liability companies (OOO) |
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Line of Business : |
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No. of Employee : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
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|
|
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Payment Behaviour : |
No complaints |
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|
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Russia |
B1 |
B1 |
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Risk Category |
ECGC Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
RUSSIA ECONOMIC OVERVIEW
Russia has undergone significant changes since the collapse of the Soviet Union, moving from a globally-isolated, centrally-planned economy towards a more market-based and globally-integrated economy, but stalling as a partially reformed, statist economy with a high concentration of wealth in officials' hands. Economic reforms in the 1990s privatized most industry, with notable exceptions in the energy and defense-related sectors. The protection of property rights is still weak and the private sector remains subject to heavy state interference. Russia is one of the world's leading producers of oil and natural gas, and is also a top exporter of metals such as steel and primary aluminum. Russia's manufacturing sector is generally uncompetitive on world markets and is geared toward domestic consumption. Russia's reliance on commodity exports makes it vulnerable to boom and bust cycles that follow the volatile swings in global prices. The economy, which had averaged 7% growth during 1998-2008 as oil prices rose rapidly, was one of the hardest hit by the 2008-09 global economic crisis as oil prices plummeted and the foreign credits that Russian banks and firms relied on dried up. In 2014, economic growth declined further when Russia forcibly violated Ukraine’s sovereignty and territorial integrity, and interfered in Ukraine’s internal affairs. In the second half of 2014, the Russian ruble lost about half of its value, contributing to increased capital outflows that reached $151.5 billion for the year; the ruble remains volatile. Declining oil prices, lack of economic reforms, and the imposition of foreign sanctions have contributed to the downturn and created wide expectations the economy will continue to slump. In April 2015, the Russian Ministry of Economic Development predicted that the Russia’s economy will contract by 3% in 2015, and average only 2.5% growth through 2030.
|
Source
: CIA |
OOO "TDL TEKSTIL"
UL PAVLA BOLSHEVIKOVA D 27 DOM, KORP 9 STROENIE,
153027 G IVANOVO
Tel: 74932591111
Telefax: 74932591111
E-Mail: sales@atdl.ru
Web: www.tdl-textile.ru
|
Company development |
Stagnant
company development. |
|
Business course |
Good order
situation. |
|
|
Terms of payment |
No complaints /
delays of payments are known. |
|
Business connection |
Business
connection appears permissable. |
|
Legal form |
Limited
liability companies (OOO) |
|
|
Established on |
21/12/1998 - Limited
liability companies (OOO) |
|
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Registered on |
11/11/2002,
INSPEKTSIYA MNS ROSSII PO G. IVANOVO, RegNr.: 1023700549080 |
|||
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Registered capital |
RUB |
60 003 150,- |
|
|
|
Owner |
Arkadiy Ilich Zlatkin |
% |
70 |
|
|
|
Roman Valentinovich Petrov |
% |
20 |
|
|
|
Mikhail Modestovich SHmelev |
% |
10 |
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Sole Executive Body |
Mikhail Modestovich SHmelev |
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General data |
Main activity: |
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Full name: |
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Short name: |
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Residence address: |
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Other activities |
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: |
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Other textile
weaving |
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Finishing of
textiles |
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Manufacture of
made-up textile articles |
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Manufacture of
other textiles n.e.c. |
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Agents involved
in the sale of textiles |
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Wholesale of
textiles |
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Wholesale of
pharmaceutical goods |
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Retail sale of
textiles |
|||||
|
Annual turnover |
31/12/2006 |
Enterprise
turnover |
RUB |
2 149 042 000,-
|
|
|
|
|
31/12/2007 |
Enterprise
turnover |
RUB |
2 299 262 000,-
|
|
|
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31/12/2008 |
Enterprise
turnover |
RUB |
2 581 474 000,-
|
|
|
|
31/12/2009 |
Enterprise
turnover |
RUB |
2 742 414 000,-
|
|
|
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31/12/2010 |
Enterprise
turnover |
RUB |
3 237 092 000,-
|
|
|
|
31/12/2011 |
Enterprise
turnover |
RUB |
4 017 891 000,-
|
|
|
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31/12/2012 |
Enterprise
turnover |
RUB |
4 786 225 000,-
|
|
|
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31/12/2013 |
Enterprise
turnover |
RUB |
5 341 328 000,-
|
|
|
|
31/12/2014 |
Enterprise
turnover |
RUB |
5 015 649 000,-
|
|
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Events, negative data |
04.09.2015 - Legal
debt collection procedure |
|
Remarks |
The main
activity of OOO “TDL Tekstil” is production of home textiles. |
|
A. The enclosed
balance of 2012 is originated from official source, no data available about
authentication. (31.12.2012 - 1000 RUB) - Warning! The figures stated in the
balance sheet may contain error(s). |
|
BALANCE |
A 31.12.2012 |
B 31.12.2013 |
C 31.12.2014 |
|
1. ASSETS |
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I. FIXED ASSETS
|
|
|
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Intangible assets
|
323 |
235 |
243 |
|
The results of
research and development |
0 |
0 |
0 |
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Intangible
research assets |
0 |
0 |
0 |
|
Tangible
research assets |
0 |
0 |
0 |
|
Fixed assets |
50 947 |
50 000 |
41 934 |
|
Profitable investments
in tangible assets |
0 |
0 |
0 |
|
Financial
investments |
0 |
0 |
0 |
|
Deferred tax
assets |
0 |
0 |
0 |
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Other
non-current assets |
0 |
0 |
0 |
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TOTAL IN
SECTION I. |
51 270 |
50 235 |
42 177 |
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II. CURRENT
ASSETS |
|
|
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Inventories |
600 907 |
992 210 |
900 022 |
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VAT on acquired
assets |
13 874 |
14 940 |
10 670 |
|
Accounts
receivable |
964 505 |
622 176 |
808 734 |
|
Financial
investments (excluding the monetary equivalent) |
38 445 |
53 225 |
45 132 |
|
Cash and
monetary equivalents |
22 663 |
106 493 |
173 219 |
|
Other current
assets |
6 308 |
9 111 |
7 132 |
|
TOTAL IN
SECTION II. |
1 646 703
|
1 798 155
|
1 944 909
|
|
BALANCE |
1 697 973
|
1 848 390
|
1 987 086
|
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2. LIABILITIES |
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|
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III. CAPITAL
AND RESERVES |
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|
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Authorized
capital (share capital, charter capital, deposits capital, partners capital) |
50 000 |
60 000 |
60 000 |
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Treasury stock |
0 |
0 |
0 |
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Revaluation of fixed
assets |
0 |
0 |
0 |
|
Additional
capital (without revaluation) |
0 |
0 |
0 |
|
Reserve capital
|
0 |
0 |
0 |
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Retained
earnings (uncovered loss) |
366 550 |
450 595 |
84 440 |
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TOTAL IN
SECTION III. |
416 550 |
510 595 |
144 440 |
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IV. LONG-TERM
LIABILITIES |
|
|
|
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Borrowed funds |
196 834 |
50 000 |
175 813 |
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Deferred tax
liabilities |
23 477 |
34 245 |
36 456 |
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Provisions |
0 |
0 |
0 |
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Other
liabilities |
0 |
0 |
0 |
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TOTAL IN
SECTION IV. |
220 311 |
84 245 |
212 269 |
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V. SHORT-TERM
LIABILITIES |
|
|
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Borrowed funds |
625 538 |
1 028 533
|
1 312 570
|
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Payables |
435 574 |
225 017 |
317 807 |
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Deferred income
|
0 |
0 |
0 |
|
Provisions |
0 |
0 |
0 |
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Sonstige Verbindlichkeiten
|
0 |
0 |
0 |
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TOTAL IN
SECTION V. |
1 061 112
|
1 253 550
|
1 630 377
|
|
BALANCE |
1 697 973
|
1 848 390
|
1 987 086
|
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A. The enclosed
profit and loss account of 2012 is originated from official source, no data available
about authentication. (31.12.2012 - 1000 RUB) |
|||
|
PROFIT AND LOSS ACCOUNT |
A 31.12.2012 |
B 31.12.2013 |
C 31.12.2014 |
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Turnover |
4 786 225
|
5 341 328
|
5 015 649
|
||||
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Cost of sales |
4 011 171
|
4 451 262
|
3 920 046
|
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Gross profit
(loss) |
775 054 |
890 066 |
1 095 603
|
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Selling
expenses |
24 739 |
10 629 |
22 688 |
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Administrative
expenses |
215 620 |
328 028 |
425 243 |
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Sales profit
(loss) |
534 695 |
551 409 |
647 672 |
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Earnings from
other entities |
0 |
0 |
0 |
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Interest
receivable |
8 998 |
5 531 |
2 370 |
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Interest
payable |
86 748 |
109 706 |
145 197 |
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Other operating
income |
504 075 |
360 748 |
691 695 |
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Other operating
expenses |
486 301 |
371 441 |
771 241 |
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Profit (loss)
before tax |
474 719 |
436 541 |
425 299 |
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Current profit
tax |
97 705 |
82 345 |
83 648 |
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Permanent tax
liabilities (assets) |
0 |
0 |
0 |
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|
Change in
deferred tax liabilities |
0 |
5 534 |
2 211 |
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Change in
deferred tax assets |
198 |
0 |
0 |
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Different |
10 663 |
0 |
0 |
||||
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Net profit
(loss) |
366 549 |
348 662 |
339 440 |
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Results of fixed
assets revaluation, non-includedin net profit/loss for period |
0 |
0 |
0 |
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Result of other
transactions, non included in net profit/loss for period |
0 |
0 |
0 |
||||
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Total financial
result for period |
366 549 |
348 662 |
339 440 |
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RATIOS |
|
2012 |
2013 |
2014 |
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Current ratio |
1,55 |
1,43 |
1,19 |
|
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Quick ratio |
0,99 |
0,64 |
0,64 |
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Average
Collection Period |
58,52 |
54,21 |
52,07 |
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Payables turnover
Period |
31,35 |
27,08 |
25,27 |
|
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Debt ratio |
0,75 |
0,72 |
0,93 |
|
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Equity to total
assets ratio |
0,25 |
0,28 |
0,07 |
|
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Funding ratio |
0,33 |
0,38 |
0,08 |
|
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Return on sales
|
7,66 |
6,53 |
6,77 |
|
|
Return on
Assets |
22,82 |
19,66 |
17,7 |
|
|
Return on
Equity |
86,26 |
75,21 |
104 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.42 |
|
|
1 |
Rs.98.55 |
|
Euro |
1 |
Rs.72.60 |
|
RUB |
1 |
Rs.0.90 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
HNA |
|
|
|
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Report Prepared
by : |
ANK |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SC’s
credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.