|
Report No. : |
289660.2 |
|
Report Date : |
14.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
DEICHMANN SE |
|
|
|
|
Registered Office : |
Deichmannweg 9, D 45359 Essen |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Year of Establishment : |
1913 |
|
|
|
|
Com. Reg. No.: |
HRB 21020 |
|
|
|
|
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 Employees : |
8,712 |
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 : |
No Complaints |
|
|
|
|
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
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, has 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 5.3% in 2013. The new German government introduced a minimum wage of $11 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%. 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. 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 hopes to replace nuclear power with renewable energy. 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.
|
Source
: CIA |
DEICHMANN SE
Company Status: active
Deichmannweg 9
D 45359 Essen
Telephone:0201/86760-0
Telefax: 0201/86761-20
Homepage:
www.deichmann.com
E-mail: info@deichmann.com
VAT
no.: DE119663402
Business relations are permissible.
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
EUR
200,000,000.00
Familie Deichmann
D 45359 Essen
Legal form: Other legal
form
Share: 100.000 %
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
Veit Weiland
D 74629 Pfedelbach
born: 25.04.1968
Profession: Businessman
Marital status: married
Wolfram Hail
D 40210 Düsseldorf
born: 27.09.1958
Marital status: unknown
Martin Fischer
D 42107 Wuppertal
born: 22.02.1966
Profession: Businessman
Martin Heynen
Von-der-Tann-Str. 17
D 42115 Wuppertal
authorized to jointly
represent the company
born: 06.08.1961 in
Wuppertal
Profession: Businessman
Manfred Kroneder
Erlenstr. 1
D 85395 Attenkirchen
born: 11.03.1967
Karsten Schütt
D 20095 Hamburg
born: 30.10.1954
Udo Großmann
Siegfriedstr. 60
D 46240 Bottrop
authorized to jointly
represent the company
born: 24.02.1958
Gerhard Egloffstein
D 42579 Heiligenhaus
authorized to jointly
represent the company
born: 11.01.1955
Dr. Olaf Bernd Ihde
Leonhard-Stinnes-Str. 45
D 45470 Mülheim
authorized to jointly
represent the company
born: 20.02.1967
Profession: Fully
qualified merchant
Marital status: married
Ralf Gänsler
D 58454 Witten
authorized to jointly
represent the company
born: 27.09.1969
Michael Lenarz
D 44625 Herne
authorized to jointly
represent the company
born: 30.06.1956
Profession: Employee
Andreas Conze
D 45127 Essen
authorized to jointly represent the company
born: 26.06.1963
Gerhard Westerwelle
D 47906 Kempen
authorized to jointly
represent the company
born: 25.01.1953
Andreas Gessner
Dorfheide 83
D 46244 Bottrop
authorized to jointly
represent the company
born: 04.06.1963
Marital status: married
Volker Heidmann
D 45359 Essen
authorized to jointly
represent the company
born: 31.01.1962
Profession: Businessman
Dr. Thomas Lorenz Seeger
D 45525 Hattingen
authorized to jointly
represent the company
born: 05.04.1957
Herbert Driesen
D 46569 Hünxe
authorized to jointly
represent the company
born: 28.01.1952
Profession: Businessman
Frank Bode
St.-Peter-Weg 18
D 58239 Schwerte
authorized to jointly
represent the company
born: 22.06.1966
Dr. Lars Jendrian
Angeraue 89
D 40489 Düsseldorf
authorized to jointly
represent the company
born: 01.07.1972 in
Bottrop
Profession: Businessman
Sven Simon
Posener Str. 12
D 44225 Dortmund
authorized to jointly
represent the company
born: 17.01.1972
Rainer Ochsenkiel
D 45468 Mülheim
authorized to jointly
represent the company
born: 29.04.1966
Thorsten Wenck
D 51371 Leverkusen
authorized to jointly
represent the company
born: 08.03.1972
Marcus Jenner
D 50667 Köln
authorized to jointly
represent the company
born: 16.04.1968
Christian Hackel
D 47798 Krefeld
authorized to jointly
represent the company
born: 31.05.1969
Jürgen Rolf Feiffer
D 46236 Bottrop
authorized to jointly
represent the company
born: 09.06.1956
Uwe Hendrich
Meisenweg 7
D 67317 Altleiningen
authorized to jointly
represent the company
born: 22.05.1957
Jens Peterhänsel
D 47441 Moers
authorized to jointly
represent the company
born: 17.03.1970
Lars Passlack
D 10115 Berlin
authorized to jointly
represent the company
born: 31.12.1974
Jürgen Och
D 01809 Heidenau
authorized to jointly
represent the company
born: 10.02.1950
Reinhard Mayer
D 44135 Dortmund
authorized to jointly
represent the company
born: 20.09.1953
Kornelia Leucht
D 74206 Bad Wimpfen
authorized to jointly
represent the company
born: 29.12.1973
Alexandra Schmidt
D 44787 Bochum
authorized to jointly
represent the company
born: 10.01.1970
née: Köhn
Stefan Krauß
D 40472 Ratingen
authorized to jointly
represent the company
born: 14.10.1966
Torsten Kehne
D 71299 Wimsheim
authorized to jointly
represent the company
born: 15.09.1970
Petra Hokkanen
D 91593 Burgbernheim
authorized to jointly
represent the company
born: 05.10.1964
Hans-Joachim Göbbels
D 45359 Essen
authorized to jointly represent
the company
born: 20.07.1958
Ines Grdan-Bußkamp
D 44135 Dortmund
authorized to jointly
represent the company
born: 24.08.1978
Michael Frommelt
D 24576 Bad Bramstedt
authorized to jointly
represent the company
born: 04.03.1960
Gernot Falk
D 47051 Duisburg
authorized to jointly
represent the company
born: 10.08.1967
Volker Arens
D 45359 Essen
authorized to jointly
represent the company
born: 03.05.1968
Silke Wiedemann
D 45359 Essen
authorized to jointly
represent the company
born: 07.03.1966
Florian Schütze
D 38855 Wernigerode
authorized to jointly
represent the company
born: 12.07.1977
Marc Bahr
D 45359 Essen
authorized to jointly
represent the company
born: 02.12.1966
Helge Spiekermann
D 45359 Essen
authorized to jointly
represent the company
born: 23.11.1970
Ivonne Wadewitz
D 04509 Schönwölkau
authorized to jointly
represent the company
born: 05.01.1972
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
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,
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
Further functions/participations of Wolfram
Hail (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
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
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
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 4,132,250.00
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
Roland - Schuhe Gesellschaft mit
beschränkter Haftung
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
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
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
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
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
Snipes 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 25568
Ochsner Sport SE
Deichmannweg 9
D 45359 Essen
Legal form: European
Company (SE)
Share capital: EUR 120,000.00
Registered
on: 10.07.2014
Reg. data: 45130 Essen, HRB 25569
MEMBER 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
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
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
BRANCHES:
Deichmann SE
An der Knippenburg 4
D 46238 Bottrop
TEL.: 02041/693892
Deichmann SE
Jahnstr. 49
D 06766 Bitterfeld-Wolfen
TEL.: 03494/6550-0
Deichmann SE
Deichmannstr. 1
D 91555 Feuchtwangen
Deichmann SE
Petersstr. 22
D 04109 Leipzig
Deichmann SE
Kirchgasse 19
D 65185 Wiesbaden
Deichmann SE
Carl-Fischer-Str. 1
D 49084 Osnabrück
Deichmann SE
Am Borsigturm
D 13507 Berlin
Deichmann SE
Große Str. 91/92
D 49074 Osnabrück
Deichmann SE
Iburger Str. 225
D 49082 Osnabrück
Deichmann SE
Niedere Str. 22
D 78050
Villingen-Schwenningen
Deichmann SE
Friedensstr. 1
D 99423 Weimar
Deichmann SE
Gemündener Str. 6
D 97753 Karlstadt
Deichmann SE
Am Wollhaus 1
D 74072 Heilbronn
Deichmann SE
Am Westerfeld 7
D 29614 Soltau
Deichmann SE
Bornstr. 160
D 44145 Dortmund
Deichmann SE
Bahnhofstr. 19
D 33803 Steinhagen
Deichmann SE
Robert-Bosch-Ring 12
D 84375 Kirchdorf
Deichmann SE
Hutfilterstr. 9-13
D 28195 Bremen
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
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: without complaints
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
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 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.
BALANCE SHEET GRADE
The
balance sheet grade is based on the following ratios: equity
ratio,
liquidity ratio and return on total capital from the
balance sheets published in the Federal
Gazette. It is calculated
in
accordance with the methodology of Euler Hermes. It ranges
from 1.0 (positive) to 5.0 (negative).
Company balance sheet
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
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
(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.62.13 |
|
|
1 |
Rs.95.77 |
|
Euro |
1 |
Rs.71.05 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.