|
Report No. : |
309351 |
|
Report Date : |
27.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
KRONES AKTIENGESELLSCHAFT |
|
|
|
|
Registered Office : |
Böhmerwaldstr. 5, D 93073 Neutraubling |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
1951 |
|
|
|
|
Legal Form : |
Public Limited Company |
|
|
|
|
Line of Business : |
·
Manufacture of machinery for food,
beverage and tobacco processing ·
Wholesale of other machinery, equipment
and supplies |
|
|
|
|
No. of Employees : |
8,876 |
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 |
KRONES AKTIENGESELLSCHAFT
Company Status: active
Böhmerwaldstr. 5
D 93073 Neutraubling
Telephone:09401/700
Telefax:
09401/702488
Homepage: www.krones.de
E-mail:
info@krones.com
VAT
no.: DE133695999
Tax
ID number: 244/117/10005
Business relations are permissible.
LEGAL FORM Public limited company
Date of foundation: 1951
Registered on: 14.07.1980
Commercial Register: Local court 93049
Regensburg
under: HRB 2344
Share capital: EUR 40,000,000.00
The company is listed on
the stock market.
President of the Board of Directors:
Volker Kronseder
An der Pirkacher Breite
15
D 93073 Neutraubling
having sole power of
representation
born: 12.10.1953
Profession: Fully
qualified economic
engineer
Member of the Board of Directors:
Rainulf Diepold
D 93161 Sinzing
born: 21.01.1955
Profession: Fully
qualified political
economist
Member of the Board of Directors:
Christoph Klenk
Schlehenweg 20
D 93173 Wenzenbach
having sole power of
representation
born: 29.10.1963
Marital status: married
Member of the Board of Directors:
Ralf Goldbrunner
D 94315 Straubing
born: 14.05.1970
Member of the Board of Directors:
Thomas Ricker
D 93092 Barbing
authorized to jointly
represent the company
born: 19.02.1968
Member of the Board of Directors:
Markus Tischer
D 93083 Obertraubling
born: 16.02.1968
President of the Supervisory Board:
Ernst Baumann
D 82541 Münsing
born: 07.11.1948
Profession: graduate
engineer
Vice-president of the Supervisory Board:
Werner Schrödl
D 93092 Barbing
born: 02.12.1958
Member of the Supervisory Board:
Norman Kronseder
Wittelsbacherstr. 14
D 94377 Steinach
born: 10.02.1963
Profession:
Agriculturalist
Property regime:
Separation of property
Marital status: married
Member of the Supervisory Board:
Petra Schadeberg-Herrmann
D 57223 Kreuztal
born: 10.04.1967
née: Schadeberg
Profession: Fully
qualified management
expert
Marital status: married
Member of the Supervisory Board:
Hans-Jürgen Thaus
Gut Offenstetten
D 93326 Abensberg
Profession: Fully
qualified management
expert
Marital status: unknown
Member of the Supervisory Board:
Dr. Alexander Nerz
D 93073 Neutraubling
born: 19.03.1947
Profession: Solicitor
Member of the Supervisory Board:
Graf von und zu Philipp
Lerchenfeld
D 93096 Köfering
born: 25.02.1952
Representative of the Employees within the
Supervisory Board:
Klaus Gerlach
D 93092 Barbing
born: 24.02.1956
Representative
of the Employees within the Supervisory Board:
Jürgen Scholz
D 93047 Regensburg
born: 25.02.1961
Representative of the Employees within the
Supervisory Board:
Johann Robold
D 93083 Obertraubling
born: 15.09.1956
Representative of the Employees within the
Supervisory Board:
Josef Weitzer
D 93102 Pfatter
born: 06.10.1970
Representative of the Employees within the
Supervisory Board:
Dr. phil. Verena Di
Pasquale
D 93073 Neutraubling
Marital status: unknown
Proxy:
Dr. Helmut Schwarz
Hauptstr. 9
OT Kleindingharting
D 82064
Straßlach-Dingharting
authorized to jointly
represent the company
Proxy:
Eckehard Adrian
D 23701 Süsel
born: 12.12.1958
Proxy:
Stefan Richter
D 93107 Thalmassing
born: 09.05.1959
Proxy:
Klaus Gerlach
D 93092 Barbing
authorized to jointly
represent the company
born: 24.02.1956
Proxy:
Albert Bauer
Schwanenstr. 9
D 93128 Regenstauf
authorized to jointly
represent the company
born: 28.02.1964
Proxy:
Holger Blumberg
D 93047 Regensburg
authorized to jointly represent
the company
born: 10.05.1964
Profession: Fully
qualified computer
scientist
Proxy:
Dr. Thomas Oestreicher
D 99974 Mühlhausen
authorized to jointly
represent the company
born: 21.08.1955
Proxy:
Herbert Obermüller
D 93047 Regensburg
authorized to jointly
represent the company
born: 28.09.1960
Proxy:
Anton Schindlbeck
D 93092 Barbing
authorized to jointly
represent the company
born: 05.02.1955
Proxy:
Markus Schuller
D 93090 Bach
authorized to jointly
represent the company
born: 15.01.1966
Proxy:
Dieter Stadler
D 93047 Regensburg
authorized to jointly represent the
company
born: 26.11.1963
Proxy:
Christian Wagner
D 93047 Regensburg
authorized to jointly
represent the company
born: 19.09.1962
Proxy:
Alois Bachfischer
Raffastr. 33
D 93142 Maxhütte-Haidhof
authorized to jointly
represent the company
born: 25.12.1959
Proxy:
Armin Ott
D 93104 Riekofen
authorized to jointly
represent the company
born: 28.10.1967
Proxy:
Christian Brauneis
Haag 120
D 93191 Rettenbach
authorized to jointly
represent the company
born: 17.08.1956
Proxy:
Alois Tax
D 93047 Regensburg
authorized to jointly represent the
company
born: 01.04.1962
Proxy:
Andreas Müller
D 93047 Regensburg
authorized to jointly
represent the company
born: 28.07.1963
Proxy:
Klaus Holler
D 93105 Tegernheim
authorized to jointly
represent the company
born: 18.04.1963
Proxy:
Thomas Gerstl
D 93186 Pettendorf
authorized to jointly
represent the company
born: 25.05.1968
Proxy:
Jianxin Feng
D 93083 Obertraubling
authorized to jointly represent the company
born: 07.10.1958
Proxy:
Stefan Raith
Straubinger Str. 5
D 93102 Pfatter
authorized to jointly
represent the company
born: 19.07.1972
Proxy:
Christian Fisch
D 93090 Bach
authorized to jointly
represent the company
born: 07.01.1968
Proxy:
Horst Meixner
D 93047 Regensburg
authorized to jointly
represent the company
born: 18.05.1964
Proxy:
Roland Sommer
Schillerstr. 6
D 93049 Regensburg
authorized to jointly
represent the company
born: 15.04.1972
Proxy:
Peter Holtmann
D 52062 Aachen
authorized to jointly
represent the company
born: 05.06.1968
Proxy:
Clemens Berger
D 93138 Lappersdorf
authorized to jointly
represent the company
born: 14.03.1973
Proxy:
Andreas Horn
D 84069 Schierling
authorized to jointly
represent the company
born: 04.03.1967
Further functions/participations of Volker
Kronseder (President
of
the Board of Directors)
General partner:
Volker Kronseder, Harald
Kronseder, Normen
Kronseder, Gunther
Kronseder
Lange Reihe 11
D 17349 Lindetal
Legal form:
Partnership under the Civil Code
Shareholder:
VMAX Verwaltungs GmbH
An der Pirkacher Breite
15
D 93073 Neutraubling
Legal form: Private limited
company in
liquidation
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 25.11.2002
Reg. data: 93049 Regensburg, HRB 8817
Shareholder:
Beteiligungsgesellschaft
Kronseder mit
beschränkter Haftung
Böhmerwaldstr. 15
D 93073 Neutraubling
Legal form: Private
limited company
Share capital: EUR 26,500.00
Share: EUR 8,900.00
Registered
on: 29.04.1965
Reg. data: 93049 Regensburg, HRB 1137
Member of the Board of Directors:
Vereinigung der
Bayerischen Wirtschaft e.V.
Max-Joseph-Str. 5
D 80333 München
Legal form: Registered
association
Registered
on: 15.10.1997
Reg. data: 80333 München, VR 15888
1951 - 1967 Hermann Kronseder Elektromaschinenbau
Böhmerwaldstr. 5
D 93073 Neutraubling
Sole proprietorship
1967 - 1977 Hermann Kronseder Maschinenfabrik
KG
Böhmerwaldstr. 3
D 93073 Neutraubling
Limited partnership
1977 - 1980 Hermann Kronseder Maschinenfabrik
GmbH &
Co.
Böhmerwaldstr. 5
D 93073 Neutraubling
Private limited
company
1980 - 21.08.1998 KRONES Aktiengesellschaft Hermann
Kronseder
Maschinenfabrik
Böhmerwaldstr. 5
D 93073 Neutraubling
Public limited
company
13.10.2011 - 25.11.2014 Member of the Supervisory Board
Dr. Jochen Klein
D 93073 Neutraubling
18.04.2003 - 04.09.2014 Member of the Board of Directors
Werner Frischholz
D 93413 Cham
Main industrial sector
2893
Manufacture of machinery for food, beverage and tobacco processing
4669
Wholesale of other machinery, equipment and supplies
Works:
KRONES Aktiengesellschaft
Schäferweg 9
D 24941 Flensburg
TEL.: 0461/5044-0
Works:
KRONES Aktiengesellschaft
Angererstr. 26
D 83064 Raubling
Branch:
KRONES Aktiengesellschaft
Heideweg 36
D 93149 Nittenau
TEL.: 09436/307-0
FAX.: 09436/307-395
Branch:
KRONES Aktiengesellschaft
Raiffeisenstr. 30
D 85356 Freising
TEL.: 08161/9530
FAX.: 08161/953150
Branch:
KRONES Aktiengesellschaft
Äußere Münchener Str. 104
D 83026 Rosenheim
TEL.: 08031/4040
Shareholder:
KIC KRONES Internationale
Cooperationsgesellschaft
mbH
Böhmerwaldstr. 5
D 93073 Neutraubling
Legal form: Private
limited company
Company Status: active
Share capital: EUR 1,023,650.00
Share: EUR 1,023,650.00
Reg. data: 14.07.1982
Local court
93049 Regensburg
HRB 2719
Shareholder:
Maintec Service GmbH
Hauptstr. 36
D 97903 Collenberg
Legal form:
Private limited company
Company Status: active
Share capital: EUR 300,000.00
Share: EUR 300,000.00
Reg. data: 17.10.2006
Local court
63739 Aschaffenburg
HRB 9786
Shareholder:
HST Maschinenbau GmbH
Gewerbestr. 19
D 23942 Dassow
Legal form: Private
limited company
Company Status: active
Share capital: EUR 70,500.00
Share: EUR 70,500.00
Reg. data: 16.01.2003
Local court
19053 Schwerin
HRB 7874
Shareholder:
Klug GmbH Integrierte
Systeme
Lindenweg 13
D 92552 Teunz
Legal form: Private
limited company
Company Status: insolvent
since: 25.04.2014
Share capital: EUR 250,000.00
Share: EUR 65,001.00
Reg. data: 28.09.1995
Local court
92224 Amberg
HRB 2037
Shareholder:
ecomac Gebrauchtmaschinen
GmbH
Berliner Str. 31
D 93073 Neutraubling
Legal form: Private
limited company
Company Status: active
Share capital: EUR 51,150.00
Share: EUR 51,150.00
Reg. data: 14.01.1993
Local court
93049 Regensburg
HRB 5134
Shareholder:
EVOGUARD GmbH
Dr.-Hermann-Kronseder-Str. 1
D 93149 Nittenau
Legal form: Private
limited company
Company Status: active
Share capital: EUR
50,000.00
Share: EUR 50,000.00
Reg. data: 04.03.2013
Local court
92224 Amberg
HRB 5203
Shareholder:
neusped
Neutraublinger Speditions-GmbH
Böhmerwaldstraße 5
D 93073 Neutraubling
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,600.00
Share: EUR 25,600.00
Reg. data: 27.12.1978
Local court
93049 Regensburg
HRB 2056
Shareholder:
Syskron Holding GmbH
Oskar-v.-Miller-Str. 6b
D 92442 Wackersdorf
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 05.12.2014
Local court
92224 Amberg
HRB 5548
Shareholder:
Till GmbH
Fischbacher Weg 30
D 65719 Hofheim
Legal form: Private
limited company
Company Status: active
Share capital: EUR 47,849.00
Share: EUR 24,389.00
Reg. data: 12.04.2011
Local court
60313 Frankfurt
HRB 90754
Payment experience: in top condition
Negative information:We have no negative
information at hand.
Type of ownership: proprietor
Share: 100.00 %
Address Böhmerwaldstr. 5
D 93073
Neutraubling
Real Estate of: Christoph Klenk
Type of ownership: unknown
Address Schlehenweg 20
D 93173 Wenzenbach
Land register documents were not available.
Principal bank
COMMERZBANK REGENSBURG, 93047 REGENSBURG
Sort. code: 75040062, Account no.: 6007421
BIC: COBADEFFXXX, IBAN: DE20750400620600742100
Further banks
SPARKASSE REGENSBURG, 93042 REGENSBURG
Sort. code: 75050000, Account no.: 6007421
BIC: BYLADEM1RBG, IBAN: DE53750500000006007421
COMMERZBANK VORMALS DRESDNER BANK, 93015
REGENSBURG
Sort. code: 75080003, Account no.: 201590000
BIC: DRESDEFF750, IBAN: DE67750800030201590000
UNICREDIT BANK - HYPOVEREINSBANK, 93067
NEUTRAUBLING
Sort. code: 75020073, Account no.: 8830045
BIC: HYVEDEMM447, IBAN: DE29750200730008830045
POSTBANK, 90322 NÜRNBERG, MITTELFR
Sort. code: 76010085, Account no.: 76005857
BIC: PBNKDEFFXXX, IBAN: DE22760100850076005857
Turnover: 2013 EUR 2,251,165,000.00
Profit: 2013 EUR 55,931,000.00
Equipment: EUR
46,175,000.00
Ac/ts receivable: EUR 535,093,000.00
Liabilities: EUR
298,678,000.00
Employees:
8,876
-
Trainees:
490
Balance sheet ratios 01.01.2013 - 31.12.2013
Equity ratio [%]: 45.93
Liquidity ratio: 2.88
Return on total capital [%]: 4.03
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 44.67
Liquidity ratio: 2.43
Return on total capital [%]: 5.80
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 39.39
Liquidity ratio: 2.33
Return on total capital [%]: -0.52
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 43.07
Liquidity ratio: 3.77
Return on total capital [%]: -0.23
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
Financial year: 01.01.2013 - 31.12.2013
ASSETS EUR 1,388,615,000.00
Fixed assets EUR 487,586,000.00
Intangible assets
EUR 25,145,000.00
Concessions, licences, rights
EUR 25,145,000.00
Tangible assets
EUR 362,327,000.00
Land / similar rights
EUR 237,012,000.00
Plant / machinery
EUR 70,999,000.00
Other tangible assets / fixtures and
fittings
EUR 46,175,000.00
Advance payments made / construction
in progress
EUR 8,141,000.00
Financial assets
EUR 100,114,000.00
Shares in participations /
subsidiaries and the like
EUR 91,065,000.00
Shares
in related companies EUR 91,065,000.00
Loans to participations /
subsidiaries and the like
EUR 8,252,000.00
Loans to related companies
EUR 8,252,000.00
Securities included in fixed assets
EUR 41,000.00
Other loans
EUR 756,000.00
Current assets
EUR 899,086,000.00
Stocks
EUR 250,896,000.00
Raw materials, consumables and
supplies
EUR 154,955,000.00
Finished goods / work in progress
EUR 588,215,000.00
Advance payments made
EUR 7,490,000.00
Minus received advance payments for
orders / installments for stocks
EUR -499,764,000.00
Accounts receivable
EUR 535,093,000.00
Trade debtors
EUR 368,449,000.00
Amounts due from related companies
EUR 104,603,000.00
Amounts due from investee companies
EUR 5,869,000.00
Other debtors and assets
EUR 56,172,000.00
Liquid means
EUR 113,097,000.00
Remaining other assets
EUR 1,943,000.00
Accruals (assets)
EUR 1,943,000.00
LIABILITIES EUR 1,388,615,000.00
Shareholders' equity
EUR 637,766,000.00
Capital EUR 40,000,000.00
Subscribed capital (share capital)
EUR 40,000,000.00
Reserves
EUR 491,490,000.00
Capital reserves
EUR 141,551,000.00
Retained earnings / revenue reserves EUR 349,939,000.00
Balance sheet profit/loss (+/-)
EUR 106,276,000.00
Profit / loss brought forward
EUR 50,345,000.00
Annual surplus / annual deficit
EUR 55,931,000.00
Provisions EUR 452,171,000.00
Pension provisions and comparable
provisions
EUR 103,013,000.00
Provisions for taxes
EUR 4,739,000.00
Other / unspecified provisions
EUR 344,419,000.00
Liabilities
EUR 298,678,000.00
Other liabilities
EUR 298,678,000.00
Trade creditors (for IAS incl. bills
of exchange) EUR
147,787,000.00
Liabililties due to related companiesEUR 112,066,000.00
Liabilities due to investee companiesEUR 772,000.00
Unspecified other liabilities
EUR 38,053,000.00
Guarantees and other commitments
EUR 21,292,000.00
Discounted bills of exchange
EUR 10,942,000.00
Guarantees / warranties
EUR 10,350,000.00
Guarantees
EUR 10,350,000.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 2,251,165,000.00
Inventory change + own costs (+/-)
EUR 128,941,000.00
Inventory change (+/-)
EUR 119,631,000.00
Capitalised own costs
EUR 9,310,000.00
Other operating income
EUR 62,402,000.00
Cost of materials
EUR 1,298,890,000.00
Raw materials and supplies, purchased
goods
EUR 1,006,714,000.00
Purchased services
EUR 292,176,000.00
Gross result (+/-)
EUR 1,143,618,000.00
Staff expenses
EUR 643,383,000.00
Wages and salaries
EUR 545,266,000.00
Social security contributions and
expenses for pension plans and
benefits
EUR 98,117,000.00
Total depreciation
EUR 50,512,000.00
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 50,512,000.00
Other operating expenses
EUR 378,839,000.00
Operating result from continuing
operations
EUR 70,884,000.00
Result from participating interests
(+/-)
EUR 13,332,000.00
Expenses / income from participations EUR 13,332,000.00
Income from related companies
EUR 13,332,000.00
Interest result (+/-)
EUR -9,249,000.00
Interest and similar income
EUR 1,758,000.00
Interest and similar expenses
EUR 11,007,000.00
Other financial result
EUR -4,845,000.00
Income from securities and loans from
financial assets
EUR 191,000.00
Depreciation on financial assets and
marketable securities
EUR 5,036,000.00
Financial result (+/-)
EUR -762,000.00
Result from ordinary operations (+/-)
EUR 70,122,000.00
Income tax / refund of income tax (+/-)EUR -9,715,000.00
Other taxes / refund of taxes
EUR -4,476,000.00
Tax
(+/-)
EUR -14,191,000.00
Annual surplus / annual deficit
EUR 55,931,000.00
Type
of balance
sheet: Company balance sheet
Financial
year: 01.01.2012 - 31.12.2012
ASSETS EUR 1,187,865,000.00
Fixed assets
EUR 476,235,000.00
Intangible assets
EUR 21,576,000.00
Concessions, licences, rights
EUR 21,576,000.00
Tangible assets
EUR 355,805,000.00
Land / similar rights
EUR 221,107,000.00
Plant / machinery
EUR 55,482,000.00
Other tangible assets / fixtures and
fittings
EUR 49,104,000.00
Advance payments made / construction
in progress
EUR 30,112,000.00
Financial assets
EUR 98,854,000.00
Shares in participations /
subsidiaries and the like
EUR 87,483,000.00
Shares in related companies
EUR 87,483,000.00
Loans to participations /
subsidiaries and the like EUR 9,969,000.00
Loans to related companies
EUR 9,969,000.00
Securities included in fixed assets
EUR 38,000.00
Other loans
EUR 1,364,000.00
Current assets EUR 709,405,000.00
Stocks
EUR 144,178,000.00
Raw materials, consumables and
supplies
EUR 146,995,000.00
Finished goods / work in progress
EUR 469,797,000.00
Advance payments made
EUR 13,539,000.00
Minus received advance payments for
orders / installments for stocks
EUR -486,153,000.00
Accounts receivable
EUR 526,769,000.00
Trade debtors
EUR 360,045,000.00
Amounts due from related companies
EUR 114,172,000.00
Other debtors and assets
EUR 52,552,000.00
Liquid means
EUR 38,458,000.00
Remaining other assets
EUR 2,225,000.00
Accruals (assets)
EUR 2,225,000.00
LIABILITIES EUR 1,187,865,000.00
Shareholders' equity EUR 530,624,000.00
Capital
EUR 38,195,000.00
Subscribed capital (share capital)
EUR 40,000,000.00
Other capital
EUR -1,805,000.00
Reserves EUR 418,389,000.00
Capital reserves
EUR 103,703,000.00
Retained earnings / revenue reserves EUR 314,686,000.00
Balance sheet profit/loss (+/-)
EUR 74,040,000.00
Profit
/ loss brought forward EUR 5,104,000.00
Annual surplus / annual deficit
EUR 68,936,000.00
Provisions
EUR 401,962,000.00
Pension provisions and comparable
provisions EUR 95,763,000.00
Provisions for taxes
EUR 9,203,000.00
Other / unspecified provisions
EUR 296,996,000.00
Liabilities
EUR 255,279,000.00
Other liabilities
EUR 255,279,000.00
Trade creditors (for IAS incl. bills
of exchange)
EUR 152,275,000.00
Liabililties due to related companiesEUR 63,829,000.00
Unspecified other liabilities
EUR 39,175,000.00
thereof liabilities from tax /
financial authorities
EUR 10,489,000.00
thereof liabilities from social
security
EUR 3,958,000.00
Guarantees and other commitments
EUR 27,360,000.00
Discounted bills of exchange
EUR 17,100,000.00
Guarantees / warranties
EUR 10,260,000.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 2,250,814,000.00
Inventory change + own costs (+/-)
EUR 12,257,000.00
Inventory change (+/-)
EUR -1,399,000.00
Capitalised own costs EUR
13,656,000.00
Other operating income
EUR 102,464,000.00
Cost of materials
EUR 1,267,339,000.00
Raw materials and supplies, purchased
goods
EUR 979,045,000.00
Purchased services
EUR 288,294,000.00
Gross result (+/-)
EUR 1,098,196,000.00
Staff expenses
EUR 618,704,000.00
Wages and salaries
EUR 523,758,000.00
Social security contributions and
expenses for pension plans and
benefits
EUR 94,946,000.00
Total depreciation
EUR 45,456,000.00
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 45,456,000.00
Other operating expenses
EUR 355,724,000.00
Operating result from continuing
operations EUR 78,312,000.00
Result from participating interests
(+/-)
EUR 12,120,000.00
Expenses / income from participations EUR 12,120,000.00
Income from related companies
EUR 12,120,000.00
Interest result (+/-)
EUR -5,809,000.00
Interest and similar income
EUR 3,242,000.00
thereof from related companies
EUR 10,000.00
Interest and similar expenses EUR 9,051,000.00
thereof paid to related companies
EUR 725,000.00
Other financial result
EUR -6,533,000.00
Income from securities and loans from
financial assets
EUR 467,000.00
Depreciation on financial assets and
marketable securities
EUR 7,000,000.00
Financial result (+/-)
EUR -222,000.00
Result from ordinary operations (+/-)
EUR 78,090,000.00
Income tax / refund of income tax (+/-)EUR -7,740,000.00
Other taxes / refund of taxes
EUR -1,414,000.00
Tax
(+/-)
EUR -9,154,000.00
Annual surplus / annual deficit
EUR 68,936,000.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.94 |
|
|
1 |
Rs.96.24 |
|
Euro |
1 |
Rs.70.38 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
TPT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
|
41-55 |
Ba |
Overall
operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
|
-- |
NB |
New Business |
-- |
|
This score serves as a reference to assess SC’s
credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.