MIRA INFORM REPORT

 

 

Report No. :

331464

Report Date :

11.07.2015

 

IDENTIFICATION DETAILS

 

Name :

SIBUR INTERNATIONAL GMBH

 

 

Registered Office :

Prinz EugenstraGe 8-10    A-1040 Wien

 

 

Country :

Austria

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

25.11.2002

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

  • Wholesale of liquid and gaseous fuels
  • Wholesale and retail trade
  • Repair of motor vehicles

 

 

No. of Employee :

104

 

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 – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

Austria

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

 

AUSTRIA - ECONOMIC OVERVIEW

 

Austria, with its well-developed market economy, skilled labor force, and high standard of living, is closely tied to other EU economies, especially Germany's. Its economy features a large service sector, a relatively sound industrial sector, and a small, but highly developed agricultural sector. Economic growth was anemic at less than 0.5% in 2013 and 2014, and; growth in 2015 is not expected to exceed 0.5%. Austria’s 5.6% unemployment rate, while low by European standards, is at an historic high for Austria. Without extensive vocational training programs and generous early retirement, the unemployment rate would be even higher. Public finances have not stabilized even after a 2012 austerity package of expenditure cuts and new revenues. On the contrary, in 2014, the government created a “bad bank” for the troubled nationalized “Hypo Alpe Adria” bank, pushing the budget deficit up by 0.9% of GDP to 2.4% and public debt to 84.5% of the GDP. Although Austria's fiscal position compares favorably with other euro-zone countries, it faces several external risks, such as Austrian banks' continued exposure to Central and Eastern Europe, repercussions from the Hypo Alpe Adria bank collapse, political and economic uncertainties caused by the European sovereign debt crisis, the current crisis in Russia/Ukraine, the recent appreciation of the Swiss Franc, and political developments in Hungary.

 

Source : CIA

company name and address

           

SIBUR INTERNATIONALGMBH  

Prinz EugenstraGe 8-10      A-1040 Wien

Fax:

(0043) 1 3708000

Fax:

(0043) 1 3708000 - 20

E-mail:

info@sibur-int.com

Internet:

http://www.sibur-int.com

 

 

Activities

 

ONACE 46712 90% Wholesale of liquid and gaseous fuels

ONACE 46120 10% Agents involved in the sale of fuels, ores, metals and industrial chemicals

 

 

Collections

 

Submitted for collec­tion on

Submitted amount

Amount paid so far

Outstanding amount

Last status of debt collection

Status as of

2015-03-13

EUR 633,18

EUR 633,18

EUR

0,00

Payment after KSV1870 debt col­lection

2015-04-01

Summen

EUR 633,18

EUR 633,18

EUR

0,00

 

 

 

 

Financial data

 

Financial details can also be entered during the period, irrespective of the balance sheet date.

 

total turnover (total sales)

2014

EUR

2.650.000.000,00

(estimated)

total turnover (total sales)

2013

EUR

2.672.489.247,87

(exact)

total turnover (total sales)

2012

EUR

2.975.033.009,79

(exact)

total turnover (total sales)

2011

EUR

3.293.651.189,91

(exact)

total turnover (total sales)

2010

EUR

2.492.463.474,48

(exact)

turnover (sales) - group

2013

EUR

269.814.000.000,00

(exact)

turnover (sales) - group

2012

EUR

271.330.000.000,00

(exact)

total investments

2013

 

EUR

195.669.252,26

(exact)

total company vehicles

2015

1

(approx.)

cars

2015

1

(approx.)

total employees

2015

104

(approx.)

white collar workers

2015

104

(approx.)

 

 

General company information

 

Company name

SIBUR INTERNATIONAL GMBH

Year of incorporation

2002

Type of company

Wholesale and retail trade; repair of motor vehicles

Legal form

limited liability company since 2002-11-25

Companies house number

FN 229446 x Wien since 2002-12-03

Import

Russian Federation

2015

Export

world-wide

2015

VAT number

ATU 56388233

number - Austrian National Bank

5712378

Last balance sheet:

2013

Banking connection

ING Bank N.V. Zweignl.Wien              BLZ 19360      main bank connection

Citibank International plc - Austria        BLZ 18140      secondary banking connection Branch

The Royal Bank of Scotland N.V.        | BLZ 19985     | secondary banking connection

 

 

Locations

 

operational

A-1040 Wien, Prinz Eugen-StraGe 8-10

registered office

operational

A-1040 Wien, Prinz EugenstraGe 8-10, seit 10.03.2014

registered headquarters, rented premises

 

0043 1 3708000

info@sibur-int.com

operational

RUS-117997 Moskau, Krzhizhanovskogo 18/4

representation

former

A-1190 Wien, NuGdorfer Platz 8

registered office

former

A-1230 Wien, Lehmanngasse 7

registered office

former

A-1040 Wien, Prinz EugenstraGe 8-10/4

registered headquarters

former

A-1190 Wien, NuGdorferplatz 8

registered headquarters

former

A-1230 Wien, Lehmanngasse 7

registered headquarters

 

 

Private data

 

Surname

Date of birth

Address

Executive posi­tions

Further executive positions (as reg­istered in the com­panies' house)

Mag. Ilja Tultschinsky

1973-06-03

A-1190 Wien Nussdorferplatz 8

manager

2

Andrey Frolov

1975-01-04

A-1190 Wien Nussdorferplatz 8

individual signing clerk

0

Yulia Popova

1974-09-15

RUS-119421 Moskau South West 38

individual signing clerk

0

Irina Antonova

 

A-1040 Wien

Prinz EugenstraGe 8-10(c/o)

head of account­ing

0

 

 

related companies

 

Company name

Address

Sharehold­ings in %

Since

Commercial register no.

Shares in this company are held by:

Public Joint Stock Company "SIBUR Hold­ing"

RUS-190000 St. Pe­tersburg

Galernayastreet 5 A

100 %

2009-07-15

 

 

 

Financials

 

Balance Sheet (absolute) all amounts in EUR

 

 

2013-12-31

Franchises, patents, licences, trademarks and similar rights and advantages

238.177,02

Sum intangible assets

238.177,02

Land and leasehold rights with buildings thereon including building on land owned by third par­ties

180.995,59

Other operating and business equipment

328.990,68

Sum tangible assets

509.986,27

Shares on related firms

295.336,77

Loans to related firms

195.288.199,90

Sum financial assets

195.583.536,67

Sum fixed assets

196.331.699,96

Finished products

134.910.991,72

Sum stock

134.910.991,72

Claims from delivered goods and performed services

175.063.045,20

Claims against related firmes Claims against companies with shareholding relationship

3.109.428,85

Other claims and assets

5.419.004,70

Sum claims

183.591.478,75

Cash on hand, cheques and bank deposits

208.970,59

Sum cash and bank

208.970,59

Sum current assets

318.711.441,06

Deferred charges

390.146,10

Sum deferred charges

390.146,10

Assets

515.433.287,12

 

Subscribed/declared capital

1.000.000,00

Legal reserves

100.000,00

Balance sheet profit/balance sheet loss

134.605.118,46

Thereof profit/loss carried forward

109.591.219,61

Sum equity capital

135.705.118,46

Tax reserves

328.440,57

Other reserves

4.234.031,38

Sum reserves

4.562.471,95

Liabilities against credit institutes

14.821.500,04

Received advanced payments for orders

21.920.917,47

Liabilities from delivered goods and performed services

79.834.044,36

Liabilities against related firms

258.359.900,14

 

Other liabilities

229.334,70

Sum liabilities

375.165.696,71

 

Liabilities

515.433.287,12

Balance sheet sum

515.433.287,12

 

P / L Account (absolute) all amounts in EUR

 

 

2013-12-31

Gross sales

2.672.489.247,87

Total turnover or gross profit

2.672.489.247,87

 

Profits from retirement of fixed assets, except financial assets

66,67

Income from dissolution of reserves

80.511,47

Other operating profits

957.359.640,20

Other operating profits totally 957.440.218,34

 

Costs for obtained services

-81.853.307,86

Material costs

-2.535.568.769,19

Costs for obtained services totally

-2.617.422.077,05

 

Salaries

-9.668.758,65

Costs for severance pays

-45.623,16

Legal fringe benefits and other payments depending on salaries

-1.354.013,82

Other social fringe benefits

-176.556,22

Personnel expenses totally

-11.244.951,85

 

Depreciation of intangible assets, tangible assets,activated expenses for the set up and expan­sion of business operation

-312.568,69

Depreciation tangible assets / intangible assets totally

-312.568,69

 

Other operating costs

-970.219.261,59

Other taxes

-24.139,81

Total costs -970.243.401,40

 

Operating result totally 30.706.467,22

 

Interest income, securties income and similar income

8.634,46

Income from the retirement of other financial assets

2.911.887,23

Interest and similar disbursements

-309.777,68

Financial profits totally

2.610.744,01

 

Results from usual business activity totally 33.317.211,23

 

Taxes on income and profits

-8.303.312,38

Taxes on income and profits totally

-8.303.312,38

Annual surplus/annual deficit totally

25.013.898,85

 

Annual profit/annual loss totally

25.013.898,85

 

Profit and loss carried forward from previous year

109.591.219,61

Transfer of profits totally

109.591.219,61

 

B/S profit/ B/S loss from profit and loss account

134.605.118,46

 

Key ratios

 

2013

Cashflow II

25.326.467,54

Debt amortisation period in years

14,11

Bank indebtedness

2,87

Equity capital share in %

27,49

Social capital share

0,00

Fixed assets coverage

69,12

Net profit ratio

1,24

Capital turnover

5,18

Return on investment in %

6,52

Cashflow in % of operating performance

0,94

Cashflow I

33.629.779,92

Gross productivity

237,66

Net productivity

4,89

Operating performance

2.672.489.247,87

Inventories in % of operating performance

5,04

Gross profit

55.067.170,82

 

 

Land Register

 

Note

No real estate property registered

 

Commercial register

 

firm (style)

18    SIBUR International GmbH

legal form

1     Gesellschaft mit beschrankter Haftung

registered office

1     politischer Gemeinde Wien

business adress

26    Prinz Eugen-StraGe 8-10 1040 Wien

capital

10     EUR 1.000.000

reference date annual ac­counts

1     31. Dezember

annual accounts

28    zum 31.12.2013 eingereicht am 28.05.2014

consolidated accounts

29    zum 31.12.2013 eingereicht am 25.08.2014

power of representation

1     Die Gesellschaft wird, wenn mehrere Geschaftsfuhrer bestellt sind, durch zwei Geschaftsfuhrer gemeinsam oder durch einen von ihnen gemeinsam mit einem Prokuristen vertreten.

Die Generalversammlung kann, auch wenn mehrere Geschafts­fuhrer bestellt sind, einzelnen von ihnen selbstandige Vertretungsbefugnis erteilen.

1  Erklarung uber die Errichtung der Gesellschaft 001

vom 25.11.2002

10 Generalversammlungsbeschluss vom 16.09.2008 002 Kapitalerhohung aus Gesellschaftsmitteln um EUR 965.000,-. Neufassung der Erklarung uber die Errichtung der Gesellschaft.

18 Generalversammlungsbeschluss vom 09.09.2011 003 Anderung des Gesellschaftsvertrages im Punkt I.

 

 

proxy

 

J Yulia Popova, geb. 15.09.1974

17      vertritt seit 16.08.2011 selbstandig

L Andrey Frolov, geb. 04.01.1975

25      vertritt seit 10.12.2013 selbstandig

 

 

managing director

 

K Mag. Ilja Tultschinsky, geb. 03.06.1973 22      vertritt seit 12.04.2013 selbstandig

 

 

shareholder

 

F Public Joint Stock Company "SIBUR Holding"

12                     EUR 1.000.000

12                     EUR 1.000.000

Summen:        EUR 1.000.000    EUR 1.000.000

 

general table

 

Handelsgericht Wien

1 eingetragen am 03.12.2002      Geschaftsfall 71 Fr 13505/02 x

Antrag auf Neueintragung einer Firma eingelangt am 02.12.2002
10 eingetragen am 24.09.2008    Geschaftsfall 71 Fr 12925/08 x

Antrag auf Anderung eingelangt am 22.09.2008

12 eingetragen am 15.07.2009    Geschaftsfall 72 Fr 8383/09 h

Antrag auf Anderung eingelangt am 06.07.2009

eingetragen am 24.08.2011        Geschaftsfall 75 Fr 14376/11 k
Antrag auf Anderung eingelangt am 22.08.2011

eingetragen am 24.09.2011        Geschaftsfall 75 Fr 16147/11 s
Antrag auf Anderung eingelangt am 15.09.2011

22 eingetragen am 18.04.2013    Geschaftsfall 74 Fr 6066/13 a

Antrag auf Anderung eingelangt am 12.04.2013

eingetragen am 19.12.2013        Geschaftsfall 74 Fr 25667/13 a
Antrag auf Anderung eingelangt am 17.12.2013

eingetragen am 12.03.2014        Geschaftsfall 74 Fr 2408/14 f
Antrag auf Anderung eingelangt am 06.03.2014

eingetragen am 15.03.2014        Geschaftsfall 74 Fr 2626/14 a
Antrag auf Anderung eingelangt am 12.03.2014

eingetragen am 05.06.2014        Geschaftsfall 74 Fr 6019/14 s
Elektronische Einreichung Jahresabschluss eingelangt am 28.05.2014

eingetragen am 27.09.2014        Geschaftsfall 74 Fr 10437/14 m
Antrag auf Anderung eingelangt am 25.08.2014

eingetragen am 05.12.2014        Geschaftsfall 74 Fr 18820/14 s
Antrag auf Anderung eingelangt am 01.12.2014

 

 

Historical development

 

Year of incorporation

2002

Date of registra

Change of com from

tion

pany name to

2002-12-03 company name

 

2011-09-24

Citco Waren- Handelsgesellschaft m.b.H.

2011-09-24

Change in shar from

e capital to

SIBUR International GmbH asset

 

2008-09-24

EUR 35.000,00

2008-09-24

Former executi from

ves to

EUR position

1.000.000,00

name

2003-08-27

2009-07-15

manager

Erich Hoop

2002-12-03

2009-07-15

manager

Mag. Christian Wilhelm

2009-07-15

2011-09-24

manager

Viktor Viehweg

 

2013-04-18

manager

Mikhail Mikhaylov

2010-12-22

2011-08-24

individual signing clerk

Marina Leonidovna Stetsenko

2009-10-03

2011-09-24

individual signing clerk

Mikhail Mikhaylov

2011-08-24

Former shareh from

2013-12-07

olders to

individual signing clerk position

Ilya Gushchin name

2002-12-03

2002-12-11

partner

AUDITOR TREUHAND GMBH

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.63.38

UK Pound

1

Rs.97.65

Euro

1

Rs.70.43

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

SDA

 

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.