MIRA INFORM REPORT

 

 

Report No. :

325085

Report Date :

09.06.2015

 

IDENTIFICATION DETAILS

 

Name :

BOGDÁNY PETROL KFT.

 

 

Registered Office :

4511 Nyírbogdány, Gyártelep 929/1 hrsz.

 

 

Country :

Hungary

 

 

Financials (as on) :

31.12.2014

 

 

Date of Incorporation :

20.03.2000

 

 

Legal Form :

Limited Liability Company (Ltd.)

 

 

Line of Business :

Manufacture of basic pharmaceutical products.

 

 

No. of Employee :

91

 

 

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 :

Slow but correct

 

 

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)

Hungary

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

HUNGARY ECONOMIC OVERVIEW

 

Hungary has made the transition from a centrally planned to a market economy, with a per capita income nearly two-thirds that of the EU-28 average. In late 2008, Hungary's impending inability to service its short-term debt - brought on by the global financial crisis - led Budapest to obtain an IMF/EU/World Bank-arranged financial assistance package worth over $25 billion. The global economic downturn, declining exports, and low domestic consumption and fixed asset accumulation, dampened by government austerity measures, resulted in a severe economic contraction in 2009. In 2010 the new government implemented a number of changes including cutting business and personal income taxes, but imposed "crisis taxes" on financial institutions, energy and telecom companies, and retailers. The IMF/EU bail-out program lapsed at the end of the year and was replaced by Post Program Monitoring and Article IV Consultations on overall economic and fiscal processes. At the end of 2011 the government turned to the IMF and the EU to obtain financial backstop to support its efforts to refinance foreign currency debt and bond obligations in 2012 and beyond, but Budapest's rejection of EU and IMF economic policy recommendations led to a breakdown in talks with the lenders in late 2012. Global demand for high yield has since helped Hungary to obtain funds on international markets. Hungary’s progress reducing its deficit to under 3% of GDP led the European Commission in 2013 to permit Hungary for the first time since joining the EU in 2004 to exit the Excessive Deficit Procedure.

 

Source : CIA

 

Company name and address

 

BOGDÁNY PETROL Termelő, Szolgáltató és Kereskedelmi Korlátolt Felelősségű Társaság

4511 Nyírbogdány, Gyártelep 929/1 hrsz.

Phone: +36(42)232001
Telefax: +36(42)232227
E-Mail: info@bogdanypetrol.hu
Web: www.bogdanypetrol.hu

 

 

Company sumamry

 

 

Legal form

limited liability company (Ltd.)

 

 

Established on

20/03/2000 - limited liability company (Ltd.)

Registered on

03/04/2000, Szabolcs-Szatmár-Bereg megye, RegNr.: 15 09 066246
Tax number: 11991250-2-15 - Valid Tax number
EU Community VAT identification number: HU11991250
Statistical number: 11991250
Last entry: 2015.01.07.

 

Events, negative data

Negative events:
01.01.2013 - Decrease of capital

 

General events:
14.10.2010 - Residence change
Court: Szabolcs-Szatmár-Bereg megye
Firm Journal reference: 2010/0 (31.12.2009)

 

Registered capital

EUR

264 348,-

 

Owner

Kas Eleonóra Pákáné
(Mothers name: Lehóczky Mária)
4481 Nyíregyháza, Előd utca 49.
member of Ltd.
Beginning of legal relation: 03.04.2000
Beginning of validity: 20.12.2012

 

 

 

Prista Oil EAD
20 Zlaten Rog str., Lozenetz district, Sofia, Bulgaria
Member with majority ownership
Beginning of legal relation: 08.10.2013
Beginning of validity: 08.10.2013

 

Authorized to sign

Kas Eleonóra Pákáné
(Mothers name: Lehóczky Mária)
4481 Nyíregyháza, Előd utca 49.
manager
authorized to sign alone
Beginning of legal relation: 01.01.2014
End of legal relation: 31.12.2015
Beginning of validity: 19.12.2013

 

 

Attila Klincsik
(Mothers name: Kovács Piroska)
4551 Nyíregyháza, Világos utca 18/A.
firm manager
authorized to sign alone
Beginning of legal relation: 01.01.2014
End of legal relation: 31.12.2015
Beginning of validity: 19.12.2013

Auditor

Deloitte Könyvvizsgáló és Tanácsadó Kft.
1068 Budapest, Dózsa György út 84/C

 

 

 

Kornél Bodor
1124 Budapest, Veréb utca 4.

 

General data

Main activity:
Manufacture of basic pharmaceutical products

Code:
(2110.)

Insolvency risk:
3,23 %

Észak-alföldi régió:
0,00 %

Szabolcs-Szatmár-Bereg:
0,00 %

 

 

Full name:
BOGDÁNY PETROL Termelő, Szolgáltató és Kereskedelmi Korlátolt Felelősségű Társaság

 

Short name:
BOGDÁNY PETROL Kft.

 

 

General contacts:
Phone:
+36(42)232001
+36(42)232377
Telefax:
+36(42)232227
E-Mail:
info@bogdanypetrol.hu
epaka@bogdanypetrol.hu
ipaka@bogdanypetrol.hu
Web:
www.bogdanypetrol.hu

 

Residence address:
4511 Nyírbogdány, Gyártelep 929/1 hrsz.

 

 

Address of the company premises:
4511 Nyírbogdány, Gyártelep 0174.hrsz

 

4511 Nyírbogdány, Gyártelep 0175.hrsz

 

 

4511 Nyírbogdány, Gyártelep 0253/6.hrsz

 

4511 Nyírbogdány, Gyártelep 0253/7.hrsz

 

 

4511 Nyírbogdány, Gyártelep 0253/9.hrsz

 

4511 Nyírbogdány, Gyártelep 0253/10.hrsz

 

 

4511 Nyírbogdány, Gyártelep 0253/11.hrsz

 

4511 Nyírbogdány, Gyártelep 0253/12.hrsz

 

 

4511 Nyírbogdány, Gyártelep 0253/13.hrsz

 

4511 Nyírbogdány, Gyártelep 0253/14.hrsz

 

 

4511 Nyírbogdány, Gyártelep 0253/16.hrsz

 

4511 Nyírbogdány, Gyártelep 0253/20.hrsz

 

 

4511 Nyírbogdány, Gyártelep 0253/21.hrsz

 

4511 Nyírbogdány, Gyártelep 0253/22.hrsz

 

 

Branch establishment:
1119 Budapest, Fehérvári út 84. a. ép.

 

The company has ISO 9001 quality certificate.

 

Other activities

 

TEÁOR 2008 (NACE rev. 2):

Code:

Insolvency risk:

Észak-alföldi régió:

Szabolcs-Szatmár-Bereg:

 

 

Manufacture of dyes and pigments

(2012.)

0,00 %

0,00 %

0,00 %

 

Manufacture of other inorganic basic chemicals

(2013.)

4,88 %

0,00 %

0,00 %

 

 

Manufacture of other organic basic chemicals

(2014.)

2,13 %

0,00 %

0,00 %

 

Manufacture of pesticides and other agrochemical products

(2020.)

2,27 %

0,00 %

0,00 %

 

 

Manufacture of paints, varnishes and similar coatings, printing ink and mastics

(2030.)

1,82 %

0,00 %

0,00 %

 

Manufacture of soap and detergents, cleaning and polishing preparations

(2041.)

4,76 %

0,00 %

0,00 %

 

 

Manufacture of perfumes and toilet preparations

(2042.)

1,68 %

0,00 %

0,00 %

 

Manufacture of other chemical products n.e.c.

(2059.)

1,54 %

0,00 %

0,00 %

 

 

Manufacture of plastic packing goods

(2222.)

5,08 %

0,00 %

0,00 %

 

Manufacture of other plastic products

(2229.)

2,06 %

4,44 %

0,00 %

 

 

Manufacture of electronic components

(2611.)

3,24 %

0,00 %

0,00 %

 

Manufacture of wiring devices

(2733.)

0,00 %

0,00 %

0,00 %

 

 

Other manufacturing n.e.c.

(3299.)

4,00 %

0,00 %

0,00 %

 

Repair of other equipment

(3319.)

3,45 %

0,00 %

0,00 %

 

 

Trade of electricity

(3514.)

3,49 %

0,00 %

0,00 %

 

Steam and air conditioning supply

(3530.)

2,87 %

8,33 %

25,00 %

 

 

Water collection, treatment and supply

(3600.)

3,49 %

6,56 %

3,70 %

 

Sewerage

(3700.)

3,55 %

10,64 %

9,09 %

 

 

Recovery of sorted materials

(3832.)

6,42 %

6,82 %

7,69 %

 

Construction of utility projects for fluids

(4221.)

4,72 %

4,81 %

2,30 %

 

 

Other specialised construction activities n.e.c.

(4399.)

7,15 %

7,73 %

1,72 %

 

Wholesale of chemical products

(4675.)

3,40 %

7,84 %

2,63 %

 

 

Wholesale of other intermediate products

(4676.)

3,31 %

8,00 %

0,00 %

 

Wholesale of waste and scrap

(4677.)

8,84 %

5,48 %

3,23 %

 

 

Retail sale in non-specialised stores with food, beverages or tobacco predominating

(4711.)

6,14 %

6,23 %

4,70 %

 

Other retail sale in non-specialised stores

(4719.)

4,80 %

3,76 %

3,27 %

 

 

Retail sale of computers, peripheral units and software in specialised stores

(4741.)

3,77 %

4,17 %

1,82 %

 

Retail sale of telecommunications equipment in specialised stores

(4742.)

5,20 %

2,90 %

6,06 %

 

 

Retail sale of carpets, rugs, wall and floor coverings in specialised stores

(4753.)

2,02 %

0,00 %

0,00 %

 

Retail sale of furniture, lighting equipment and other household articles in specialised stores

(4759.)

4,93 %

4,03 %

2,86 %

 

 

Retail sale of sporting equipment in specialised stores

(4764.)

3,35 %

1,61 %

6,67 %

 

Retail sale of games and toys in specialised stores

(4765.)

4,37 %

10,53 %

0,00 %

 

 

Retail sale of medical and orthopaedic goods in specialised stores

(4774.)

2,87 %

2,86 %

0,00 %

 

Retail sale of cosmetic and toilet articles in specialised stores

(4775.)

3,64 %

0,00 %

0,00 %

 

 

Retail sale of flowers, plants, seeds, fertilisers, pet animals and pet food in specialised stores

(4776.)

4,30 %

8,86 %

5,56 %

 

Retail sale of watches and jewellery in specialised stores

(4777.)

3,70 %

2,00 %

0,00 %

 

 

Other retail sale of new goods in specialised stores

(4778.)

4,51 %

6,57 %

6,76 %

 

Retail sale via mail order houses or via Internet

(4791.)

2,18 %

3,47 %

1,69 %

 

 

Other retail sale not in stores, stalls or markets

(4799.)

4,90 %

9,48 %

8,60 %

 

Warehousing and storage

(5210.)

3,51 %

4,04 %

2,08 %

 

 

Other transportation support activities

(5229.)

4,44 %

4,86 %

4,35 %

 

Hotels and similar accommodation

(5510.)

4,71 %

9,44 %

6,52 %

 

 

Other publishing activities

(5819.)

2,81 %

0,00 %

0,00 %

 

Wired telecommunications activities

(6110.)

2,78 %

5,71 %

9,09 %

 

 

Wireless telecommunications activities

(6120.)

2,20 %

14,81 %

6,67 %

 

Other telecommunications activities

(6190.)

5,43 %

0,00 %

0,00 %

 

 

Renting and operating of own or leased real estate

(6820.)

2,03 %

2,03 %

0,76 %

 

Architectural activities

(7111.)

1,19 %

0,59 %

0,00 %

 

 

Engineering activities and related technical consultancy

(7112.)

1,37 %

2,12 %

2,01 %

 

Technical testing and analysis

(7120.)

2,62 %

1,92 %

1,79 %

 

 

Research and experimental development on biotechnology

(7211.)

1,69 %

2,38 %

0,00 %

 

Other research and experimental development on natural sciences and engineering

(7219.)

1,37 %

0,68 %

0,00 %

 

 

Research and experimental development on social sciences and humanities

(7220.)

1,38 %

3,77 %

0,00 %

 

Other professional, scientific and technical activities n.e.c.

(7490.)

2,41 %

3,08 %

5,88 %

 

 

Renting and leasing of cars and light motor vehicles

(7711.)

4,98 %

10,61 %

4,35 %

 

General cleaning of buildings

(8121.)

6,68 %

6,70 %

8,51 %

 

 

Other building and industrial cleaning activities

(8122.)

7,19 %

10,71 %

0,00 %

 

Other cleaning activities

(8129.)

4,48 %

9,43 %

0,00 %

 

Employees

2007

63 employees

 

2008

79 employees

 

 

2009

70 employees

 

2010

76 employees

 

 

2011

80 employees

 

2012

86 employees

 

 

2013

86 employees

 

2014

84 employees

 

 

09/01/2015

95 employees

 

05/05/2015

92 employees

 

 

04/06/2015

91 employees

 

Consolidated values:

 

 

2009

71 consolidated, group level staff

 

2010

76 consolidated, group level staff

 

 

2011

81 consolidated, group level staff

 

2012

88 consolidated, group level staff

 

 

2013

89 consolidated, group level staff

Annual turnover

2007

Net income

HUF

4 678 602 000,-

 

 

 

2008

Net income

HUF

6 248 458 000,-

 

 

2009

Net income

HUF

5 187 406 000,-

 

 

 

2010

Net income

HUF

6 318 379 000,-

 

 

2011

Net income

HUF

7 406 867 000,-

 

 

 

2012

Net income

HUF

8 108 943 000,-

 

 

2013

Net income

EUR

25 639 877,-

 

 

 

2014

Net income

EUR

26 841 987,-

 

 

Consolidated values:

 

 

2009

consolidated net income

HUF

5 599 350 000,-

 

 

2010

consolidated net income

HUF

6 576 197 000,-

 

 

 

2011

consolidated net income

HUF

7 713 160 000,-

 

 

2012

consolidated net income

HUF

8 346 701 000,-

 

 

 

2013

consolidated net income

EUR

26 896 006,-

 

Property

Company's property: Technological equipments, machines, vehicles

Book value: 1 609 699,- EUR (According to balance - 2014)

Company's property: property

Book value: 2 344 941,- EUR (According to balance - 2014)

 

Balance sheets

The enclosed balance of 2014 is originated from official source, it is authenticated by the auditor . (31.12.2014 - 1 EUR)
The enclosed balance of 2013 is originated from official source, it is authenticated by the auditor . (31.12.2013 - 1 EUR)
The enclosed balance of 2012 is originated from official source, it is authenticated by the auditor . (31.12.2012 - 1000 HUF)
The enclosed balance of 2011 is originated from official source, it is authenticated by the auditor . (31.12.2011 - 1000 HUF)

 

The enclosed profit and loss account of 2014 is originated from official source, it is authenticated by the auditor . (31.12.2014 - 1 EUR)
The enclosed profit and loss account of 2013 is originated from official source, it is authenticated by the auditor . (31.12.2013 - 1 EUR)
The enclosed profit and loss account of 2012 is originated from official source, it is authenticated by the auditor . (31.12.2012 - 1000 HUF)
The enclosed profit and loss account of 2011 is originated from official source, it is authenticated by the auditor . (31.12.2011 - 1000 HUF)

 

 

The enclosed consolidated balance sheet of 2013 is originated from official source, it is authenticated by the auditor . (31.12.2013 - 1 EUR)
The enclosed consolidated balance sheet of 2012 is originated from official source, it is authenticated by the auditor . (31.12.2012 - 1000 HUF)
The enclosed consolidated balance sheet of 2011 is originated from official source, it is authenticated by the auditor . (31.12.2011 - 1000 HUF)

 

The enclosed consolidated profit/loss account of 2013 is originated from official source, it is authenticated by the auditor . (31.12.2013 - 1 EUR)
The enclosed consolidated profit/loss account of 2012 is originated from official source, it is authenticated by the auditor . (31.12.2012 - 1000 HUF)
The enclosed consolidated profit/loss account of 2011 is originated from official source, it is authenticated by the auditor . (31.12.2011 - 1000 HUF)

 

Interests

BOGDÁNY PETROL Termelő, Szolgáltató és Kereskedelmi Korlátolt Felelősségű Társaság (Statistical number: 11991250):

 

BOMUL Termelő, Szolgáltató és Kereskedelmi Korlátolt Felelősségű Társaság (Statistical number: 13275538)

Owner

 

 

 

*** Last event influencing the credit risk: 2013.01.01. ***

Bank relations

UniCredit Bank Hungary Zrt. Head Office:
Central address: HU Budapest, Szabadság tér 5-6.
Account number: 109180010000000417010007
Account number: 109180010000000417010014
Account number: 109180010000000417010069
Account number: 109180010000000417010052
Account number: 109180010000000417010045
Account number: 109180010000000417010038
Account number: 109180010000000417010021
Account number: 109180010000000417010083
Account number: 109180010000000417010076

 

Company development

constant

(31)

Business course

good

(21)

 

Terms of payment

without compliants, supplier feedback show no negative data

(39)

Business connection

the establishing of the business connection may be allowed

(31)

 

Number of queries

Duration

Queries

4 weeks

1

4 - 8 weeks

0

8 weeks - 12 months

0

 

Credit rating class

According to the survey of Creditreform the non-payment risk status can be minimized in light of he solvency index.

 

Solvency index

Credit risk

Rating

No payment default risk
within a year

 

 

000

 

none

unknown

 

100-149

none

excellent solvency

0,01%

 

 

150-200

minimal

very good solvency

0,22%

 

201-250

acceptable

good solvency

0,49%

 

 

251-300

acceptable

medium solvency

1,50%

 

301-350

average

poor solvency

3,56%

 

 

351-499

big

not satisfactory solvency

7,17%

 

500

significant

business relations not recommended

 

 

 

600

 

relations to be declined

 

A. The enclosed balance of 2011 is originated from official source, it is authenticated by the auditor . (31.12.2011 - 1000 HUF)
B. The enclosed balance of 2012 is originated from official source, it is authenticated by the auditor . (31.12.2012 - 1000 HUF)
C. The enclosed balance of 2013 is originated from official source, it is authenticated by the auditor . (31.12.2013 - 1 EUR)
D. The enclosed balance of 2014 is originated from official source, it is authenticated by the auditor . (31.12.2014 - 1 EUR)

 

 

 

Financial statement

 

BALANCE

A 2011.12.31.

B 2012.12.31.

C 2013.12.31.

D 2014.12.31.

 

FIXED ASSETS

2 241 582

2 691 784

8 922 555

8 613 622

 

Intangible assets

1 185

1 103

4 745

2 201

 

Capitalised value of fundantion and restructuring costs

0

0

0

 

 

Capitalised value of research and development costs

0

0

0

 

 

Consessions and similar rights and assents

0

0

0

 

 

Intellectual property

1 185

1 103

4 745

2 201

 

Goodwill

0

0

0

 

 

Advance payments on on intangible assets

0

0

0

 

 

Revaluation of intangible assets

0

0

0

 

 

Tangible assets

1 994 297

2 444 581

8 072 947

7 766 558

 

Land and buildings and related concessions and similar rights

548 423

550 564

2 387 965

2 344 941

 

Technical equipment, machinery and vehicles

256 180

223 486

1 865 326

1 609 699

 

Other equipment, fittings and vehicles

23 132

21 241

44 825

70 114

 

Breeding stock

0

0

0

 

 

Capital WIP, renovations

82 355

565 733

54 977

71 972

 

Advance payments on Capital WIP

0

0

0

 

 

Revaluation of tangible assets

1 084 207

1 083 557

3 719 854

3 669 832

 

Financial investments

246 100

246 100

844 863

844 863

 

Long term investments in related companies

246 100

246 100

844 863

844 863

 

Long term loans given to related companies

0

0

0

 

 

Other long term investments

0

0

0

 

 

Long term loans given to other investees

0

0

0

 

 

Other loag term loans given

0

0

0

 

 

Securities representing long term loans

0

0

0

 

 

Revaluation of financial investments

0

0

0

 

 

CURRENT ASSETS

1 962 092

1 756 724

6 475 868

5 976 203

 

Inventories

909 349

912 305

4 244 724

3 705 845

 

Raw materials and consumables

696 890

545 569

2 405 598

2 271 142

 

Work in progress and semi-finished products

65 346

99 484

351 855

339 415

 

Animals

0

0

0

 

 

Finished goods

147 113

267 252

1 487 271

1 095 288

 

Goodss, services

0

0

0

 

 

Advance payments on inventories

0

0

0

 

 

Receivables

1 044 787

835 938

1 894 613

1 954 290

 

Trade accounts receivable

454 805

560 680

1 296 177

1 811 804

 

Receivables from related companies

494 794

122 297

0

 

 

Receivables from other investees

0

0

0

 

 

Bills of exchange receivable

0

0

0

 

 

Other receivables

95 188

152 961

598 436

142 486

 

Revaluation difference on receivables

0

0

0

 

 

Revaluation difference (+) on derivative transactions

0

0

0

 

 

Securities

0

0

0

289 080

 

Investments in related companies

0

0

0

 

 

Other investments

0

0

0

 

 

Own shares, own quotas

0

0

0

289 080

 

Securities personifying circulational credit relation aim

0

0

0

 

 

Liquid assets

7 956

8 481

336 531

26 988

 

Cash in hand, cheques

502

2 312

1 518

3 310

 

Bank deposits

7 454

6 169

335 013

23 678

 

PREPAID EXPENSES AND ACCRUED INCOME

16 973

7 485

42 032

83 987

 

Accrued income

2 020

0

6 378

797

 

Prepaid expenses

14 953

7 485

35 654

83 190

 

Deferred expenses

0

0

0

 

 

TOTAL ASSETS

4 220 647

4 455 993

15 440 455

14 673 812

 

 

 

 

 

 

SHAREHOLDERS' EQUITY

1 456 304

1 483 394

5 375 297

5 450 186

 

Capital subscribed

76 000

76 000

264 349

264 349

 

thereof: treasure shares repurchased at face value

0

0

0

 

 

Issued but not paid capital (-)

0

0

0

 

 

Capital reserves

0

0

0

 

 

Retained earnings from previous years

198 198

222 296

860 295

1 180 925

 

Non-distributable reserves

85 491

73 801

248 001

210 169

 

Revaluation reserve

1 084 207

1 083 557

3 719 854

3 669 832

 

Profit per balance-sheet

12 408

27 740

282 798

124 911

 

PROVISIONS

0

0

20 187

21 480

 

Provisions for expected liabilities

0

0

0

 

 

Provisions for future expenses

0

0

20 187

21 480

 

Other provision

0

0

0

 

 

LIABILITIES

2 695 369

2 859 194

9 251 123

8 551 790

 

Subordinated liabilities

0

0

0

 

 

Subordinated liabilities to related companies

0

0

0

 

 

Subordinated liabilities to ither investees

0

0

0

 

 

Subordinated liabilities to other enterprises

0

0

0

 

 

Long term liabilities

223 765

197 932

4 055 000

2 433 000

 

Long term credits

0

0

0

 

 

Convertible bonds

0

0

0

 

 

Debts on the issue of bonds

0

0

0

 

 

Investment and development loans

0

0

0

 

 

Other long term loans

223 765

197 932

4 055 000

2 433 000

 

Long term liabilities to related companies

0

0

0

 

 

Long term liabilities to other investees

0

0

0

 

 

Other long term liabilities

0

0

0

 

 

Short term liabilities

2 471 604

2 661 262

5 196 123

6 118 790

 

Short term loans

0

0

0

 

 

thereof: convertible bonds

0

0

0

 

 

Short term credits

1 227 962

1 351 684

1 247 601

2 963 587

 

Advance payments received from customers

649

53 487

380 830

179 214

 

Trade accounts payable

1 203 709

1 217 372

3 278 322

2 500 720

 

Bills of exchange payable

0

0

0

 

 

Short term liabilities to related companies

0

0

145 235

279 956

 

Short term liabilities to other investees

0

0

0

 

 

Other short term liabilities

39 284

38 719

144 135

195 313

 

Revaluation difference on liabilities

0

0

0

 

 

Revaluation difference () on derivative transactions

0

0

0

 

 

ACCRUED EXPENSES AND DEFERRED INCOME

68 974

113 405

793 848

650 356

 

Deferred revenues

0

0

1 347

0

 

Accrued expenses and deferred income

14 538

62 648

216 000

162 094

 

Deferred income

54 436

50 757

576 501

488 262

 

TOTAL LIABILITIES AND SHEREHOLDERS EQUITY

4 220 647

4 455 993

15 440 455

14 673 812

 

A. The enclosed profit and loss account of 2011 is originated from official source, it is authenticated by the auditor . (31.12.2011 - 1000 HUF)
B. The enclosed profit and loss account of 2012 is originated from official source, it is authenticated by the auditor . (31.12.2012 - 1000 HUF)
C. The enclosed profit and loss account of 2013 is originated from official source, it is authenticated by the auditor . (31.12.2013 - 1 EUR)
D. The enclosed profit and loss account of 2014 is originated from official source, it is authenticated by the auditor . (31.12.2014 - 1 EUR)

 

 

 

PROFIT AND LOSS ACCOUNT

A 2011.12.31.

B 2012.12.31.

C 2013.12.31.

D 2014.12.31.

 

Net domestic sales revenues

4 485 428

4 936 500

15 712 789

15 683 811

 

Net export sales revenues

2 921 439

3 172 443

9 927 088

11 158 176

 

Net sales revenues

7 406 867

8 108 943

25 639 877

26 841 987

 

Change in self-manufactured inventories

-61 022

154 277

583 119

-404 423

 

Capitalised value of self-manufactures assets

1 913

0

0

 

 

Capitalised value of own performance

-59 109

154 277

583 119

-404 423

 

Other revenues

17 716

5 726

152 807

162 808

 

of which: reversal of impairment loss provision

0

0

0

 

 

Cost of raw materials

6 187 471

7 067 738

21 820 744

21 583 715

 

Value of services used

310 137

365 869

1 289 589

1 529 587

 

Value of other services

49 294

31 014

147 720

138 684

 

Cost of goods sold

1 758

180 260

329 520

385 898

 

Value of recharged services

9 153

5 633

12 067

20 229

 

Material type expenditure

6 557 813

7 650 514

23 599 640

23 658 113

 

Wages

290 353

297 774

1 067 646

1 213 968

 

Other payments to personnel

18 283

17 103

89 760

81 070

 

Personnel related contributions

91 321

89 786

332 835

380 985

 

Payments to personnel

399 957

404 663

1 490 241

1 676 023

 

Deprecation change

79 765

90 270

502 800

521 337

 

Other expenses

50 558

91 291

436 989

489 222

 

of which: impairment loss provision

4 610

6 903

376

11 456

 

TRADING PROFIT

277 381

32 208

346 133

255 677

 

Dividend received

0

0

0

 

 

of which: received from related companies

0

0

0

 

 

Gain on sale of investment

0

0

0

 

 

Given to associated company

0

0

0

 

 

Interest received and gain on financial transactions

0

0

0

 

 

of which: received from related companies

0

0

0

 

 

Other interest received

0

21

615

278

 

of which: received from related companies

0

0

0

 

 

Other revenues from financial transactions

290 038

297 154

170 822

106 220

 

Revenues from financial transactions

290 038

297 175

171 437

106 498

 

Losst on financial investments

0

0

0

 

 

of which: given to related companies

0

0

0

 

 

Interest paid

57 948

57 214

173 674

155 196

 

of which: given to related companies

0

0

0

 

 

Impairment loss of financial investment, secunties and bank deposits

0

0

0

 

 

Other expenditures on financial transactions

496 722

242 390

133 180

146 651

 

Expenditures of financial transactions

554 670

299 604

306 854

301 847

 

FINANCIAL PROFIT

-264 632

-2 429

-135 417

-195 349

 

PROFIT FROM ORDINARY BUSINESS

12 749

29 779

210 716

60 328

 

Extraordinary revenues

0

0

84 413

88 239

 

Extraordinary expenditures

341

186

880

991

 

PROFIT ON EXTRAORDINARY EVENTS

-341

-186

83 533

87 248

 

NET PROFIT BEFORE TAXATION

12 408

29 593

294 249

147 576

 

Tax liability

0

1 853

11 451

22 665

 

AFTER TAX PROFIT

12 408

27 740

282 798

124 911

 

Dividends paid out of accumulated profit reserve

0

0

0

 

 

Dividends paid (approved) out of current year profits

0

0

0

 

 

NET PROFIT PER BALANCE SHEET

12 408

27 740

282 798

124 911

 

A. The enclosed consolidated balance sheet of 2011 is originated from official source, it is authenticated by the auditor . (31.12.2011 - 1000 HUF)
B. The enclosed consolidated balance sheet of 2012 is originated from official source, it is authenticated by the auditor . (31.12.2012 - 1000 HUF)
C. The enclosed consolidated balance sheet of 2013 is originated from official source, it is authenticated by the auditor . (31.12.2013 - 1 EUR)

 

 

 

consolidated balance sheet

A 2011.12.31.

B 2012.12.31.

C 2013.12.31.

D

FIXED ASSETS

2 351 837

2 750 604

8 935 708

 

Intangible assets

1 749

1 449

5 181

 

Capitalised value of fundantion and restructuring costs

 

 

 

 

Capitalised value of research and development costs

 

 

 

 

Consessions and similar rights and assents

 

 

 

 

Intellectual property

1 749

1 449

5 181

 

Goodwill

 

 

 

 

Advance payments on on intangible assets

 

 

 

 

Revaluation of intangible assets

 

 

 

 

Tangible assets

2 303 427

2 725 823

8 930 527

 

Land and buildings and related concessions and similar rights

654 863

657 037

2 735 370

 

Technical equipment, machinery and vehicles

448 170

391 098

2 360 023

 

Other equipment, fittings and vehicles

33 832

28 398

60 303

 

Breeding stock

 

 

 

 

Capital WIP, renovations

82 355

565 733

54 977

 

Advance payments on Capital WIP

 

 

 

 

Revaluation of tangible assets

1 084 207

1 083 557

3 719 854

 

Financial investments

46 661

23 332

 

 

Long term investments in related companies

 

 

 

 

Long term loans given to related companies

 

 

 

 

Other long term investments

 

 

 

 

Long term loans given to other investees

 

 

 

 

Other loag term loans given

 

 

 

 

Securities representing long term loans

 

 

 

 

Revaluation of financial investments

 

 

 

 

Difference from capital consolidation

46 661

23 332

 

 

-- of the mother and affiliated companies

46 661

23 332

 

 

-- of companies under joint management

 

 

 

 

CURRENT ASSETS

2 576 658

2 325 949

8 801 659

 

Inventories

909 349

912 305

4 244 724

 

Raw materials and consumables

696 890

545 569

2 405 598

 

Work in progress and semi-finished products

65 346

99 484

351 855

 

Animals

 

 

 

 

Finished goods

147 113

267 252

1 487 271

 

Goodss, services

 

 

 

 

Advance payments on inventories

 

 

 

 

Receivables

1 507 087

1 362 858

4 109 757

 

Trade accounts receivable

975 630

868 609

2 258 988

 

Receivables from related companies

 

 

 

 

Receivables from other investees

 

 

 

 

Bills of exchange receivable

 

 

 

 

Other receivables

504 646

469 047

1 770 928

 

Revaluation difference on receivables

 

 

 

 

Revaluation difference (+) on derivative transactions

 

 

 

 

Tax reclaimable (as estimated) as a result of consolidation

26 811

25 202

79 841

 

Securities

 

 

 

 

Investments in related companies

 

 

 

 

Other investments

 

 

 

 

Own shares, own quotas

 

 

 

 

Securities personifying circulational credit relation aim

 

 

 

 

Liquid assets

160 222

50 786

447 178

 

Cash in hand, cheques

1 252

2 499

1 912

 

Bank deposits

158 970

48 287

445 266

 

PREPAID EXPENSES AND ACCRUED INCOME

16 988

7 541

42 095

 

Accrued income

2 035

 

6 441

 

Prepaid expenses

14 953

7 541

35 654

 

Deferred expenses

 

 

 

 

TOTAL ASSETS

4 945 483

5 084 094

17 779 462

 

 

 

 

 

SHAREHOLDERS' EQUITY

1 425 799

1 416 127

5 568 687

 

Capital subscribed

76 000

76 000

264 349

 

thereof: treasure shares repurchased at face value

 

 

 

 

Issued but not paid capital (-)

 

 

 

 

Capital reserves

 

 

 

 

Retained earnings from previous years

171 513

204 412

860 295

 

Non-distributable reserves

85 491

73 801

248 001

 

Revaluation reserve

1 084 207

1 083 557

3 719 854

 

Profit per balance-sheet

-7 082

22 191

793 634

 

Changes in the equity of the mother company

 

 

-392 555

 

Changes in consequence of the consolidation

 

 

-81 452

 

-- changes arising from the difference of debt

 

 

 

 

-- changes arising from the difference of interim

 

 

-81 452

 

Participations of external members (other owners)

15 670

-43 834

156 561

 

PROVISIONS

 

 

20 187

 

Provisions for expected liabilities

 

 

 

 

Provisions for future expenses

 

 

20 187

 

Other provision

 

 

 

 

LIABILITIES

3 448 974

3 548 744

11 382 208

 

Subordinated liabilities

 

 

 

 

Subordinated liabilities to related companies

 

 

 

 

Subordinated liabilities to ither investees

 

 

 

 

Subordinated liabilities to other enterprises

 

 

 

 

Difference of capital consolidation arising from the affiliated companies

 

 

 

 

Long term liabilities

356 773

355 957

4 355 000

 

Long term credits

 

 

 

 

Convertible bonds

 

 

 

 

Debts on the issue of bonds

 

 

 

 

Investment and development loans

0

 

300 000

 

Other long term loans

356 773

355 957

4 055 000

 

Long term liabilities to related companies

 

 

 

 

Long term liabilities to other investees

 

 

 

 

Other long term liabilities

 

 

 

 

Short term liabilities

3 092 201

3 192 787

7 027 208

 

Short term loans

 

 

 

 

thereof: convertible bonds

 

 

 

 

Short term credits

1 759 177

1 835 042

3 084 657

 

Advance payments received from customers

649

53 487

380 830

 

Trade accounts payable

1 291 778

1 264 045

3 390 191

 

Bills of exchange payable

 

 

 

 

Short term liabilities to related companies

 

 

 

 

Short term liabilities to other investees

 

 

 

 

Other short term liabilities

40 597

40 213

171 530

 

Revaluation difference on liabilities

 

 

 

 

Revaluation difference () on derivative transactions

 

 

 

 

Estimated tax arrears resulting from the consolidation

 

 

 

 

ACCRUED EXPENSES AND DEFERRED INCOME

70 710

119 223

808 380

 

Deferred revenues

 

 

1 347

 

Accrued expenses and deferred income

16 274

68 466

230 532

 

Deferred income

54 436

50 757

576 501

 

TOTAL LIABILITIES AND SHEREHOLDERS EQUITY

4 945 483

5 084 094

17 779 462

 

A. The enclosed consolidated profit/loss account of 2011 is originated from official source, it is authenticated by the auditor . (31.12.2011 - 1000 HUF)
B. The enclosed consolidated profit/loss account of 2012 is originated from official source, it is authenticated by the auditor . (31.12.2012 - 1000 HUF)
C. The enclosed consolidated profit/loss account of 2013 is originated from official source, it is authenticated by the auditor . (31.12.2013 - 1 EUR)

 

 

 

CONSOLIDATED PROFIT/LOSS ACCOUNT

A 2011.12.31.

B 2012.12.31.

C 2013.12.31.

D

Net domestic sales revenues

610 336

1 062 844

3 493 309

 

Net export sales revenues

7 102 824

7 283 857

23 402 697

 

Net sales revenues

7 713 160

8 346 701

26 896 006

 

Change in self-manufactured inventories

-61 022

154 277

583 119

 

Capitalised value of self-manufactures assets

1 913

 

 

 

Capitalised value of own performance

-59 109

154 277

583 119

 

Other revenues

17 722

5 865

153 135

 

of which: reversal of impairment loss provision

 

 

 

 

Consolidation difference increasing profits and arising as a result of debt consolidation

 

 

 

 

Cost of raw materials

6 193 238

7 071 888

21 833 356

 

Value of services used

450 543

500 007

1 546 922

 

Value of other services

97 791

71 524

230 861

 

Cost of goods sold

1 758

180 260

329 520

 

Value of recharged services

9 153

5 633

12 067

 

Material type expenditure

6 752 483

7 829 312

23 952 726

 

Wages

302 353

309 774

1 107 620

 

Other payments to personnel

18 668

17 669

92 461

 

Personnel related contributions

94 931

93 469

343 714

 

Payments to personnel

415 952

420 912

1 543 795

 

Deprecation change

154 171

159 668

731 356

 

Other expenses

56 975

99 773

469 790

 

of which: impairment loss provision

4 610

9 920

376

 

Consolidation difference decreasing profits and arising as a result of debt consolidation

 

 

 

 

TRADING PROFIT

292 192

-2 822

934 593

 

Dividend received

 

 

 

 

of which: received from related companies

 

 

 

 

- Dividends received and profit sharing from associated companies

 

 

 

 

Dividends received and profit sharing from other entrepreneurs in profit sharing arrangements

 

 

 

 

Gain on sale of investment

 

 

 

 

Given to associated company

 

 

 

 

Interest received and gain on financial transactions

 

 

 

 

of which: received from related companies

 

 

 

 

Other interest received

225

2 964

3 627

 

of which: received from related companies

 

 

 

 

Other revenues from financial transactions

319 062

342 352

172 285

 

Revenues from financial transactions

319 287

345 316

175 912

 

Losst on financial investments

 

 

 

 

of which: given to related companies

 

 

 

 

Interest paid

80 435

86 315

270 056

 

of which: given to related companies

 

 

 

 

Impairment loss of financial investment, secunties and bank deposits

 

 

 

 

Other expenditures on financial transactions

576 252

260 593

156 763

 

Expenditures of financial transactions

656 687

346 908

426 819

 

FINANCIAL PROFIT

-337 400

-1 592

-250 907

 

PROFIT FROM ORDINARY BUSINESS

-45 208

-4 414

683 686

 

Extraordinary revenues

 

 

84 413

 

Extraordinary expenditures

441

406

1 555

 

PROFIT ON EXTRAORDINARY EVENTS

-441

-406

82 858

 

NET PROFIT BEFORE TAXATION

-45 649

-4 820

766 544

 

Tax liability

613

2 329

52 751

 

Calculated difference in the corporate tax resulting from consolidation

39 180

29 340

79 841

 

AFTER TAX PROFIT

-7 082

22 191

793 634

 

Dividends paid out of accumulated profit reserve

 

 

 

 

Dividends paid (approved) out of current year profits

 

 

 

 

NET PROFIT PER BALANCE SHEET

-7 082

22 191

793 634

 

 

 

 

 

Ratios

 

2011

2012

2013

2014

 

Equity ratio

0,34

0,33

0,35

0,37

 

 

Cleared equity ratio

0,12

0,12

0,14

0,16

 

Current liquidity

0,79

0,66

1,25

0,98

 

 

Quick liquidity

0,43

0,32

0,43

0,37

 

Working capital

-509512000

-904538000

1279745

-142587

 

 

Gearing

1,85

1,93

1,72

1,57

 

Cleared gearing

3,9

3,88

3,2

3,03

 

 

Profitability

0,17

0,36

1,15

0,55

 

Operating profitability

3,74

0,4

1,35

0,95

 

 

Stock days

44,81

41,06

60,43

50,39

 

Debtor days

51,49

37,63

26,97

26,57

 

 

Supplier days

67

58,08

50,7

38,58

 

equity ratio (%)

8,82

8,97

10,72

12,13

 

 

Long term debt ratio (%)

13,32

11,77

43

30,86

 

Leverage (%)

390

388

329

319

 

 

Coverage of fixed assets (%)

51,48

37,17

110

85,23

 

Receivables turnover ratio (day)

46,79

30,74

18,45

24,64

 

 

P/L after tax/Turnover (%)

3,74

0,4

1,35

0,95

 

Return On Investment

0,07

0,01

0,02

0,02

 

 

Interest cover

4,79

0,56

1,99

1,65

 

Return On Equity (%)

3,33

6,94

17,08

7,02

 

 

Return On Assets (%)

0,4

0,82

2,41

1,14

 

Net income/Turnover (%)

0,17

0,34

1,1

0,47

 

 

Change in Turnover (%)

17,23

9,48

-99,68

4,69

 

Change in Net income (%)

6,16

5,58

-99,65

-4,97

 

 

Debtors/Creditors

0,38

0,46

0,4

0,72

 

Change in P/L before tax (%)

3,68

-88,39

-98,93

-26,13

 

 

Turnover

7406867000

8108943000

7608272107

8440876415

 

Turnover/Employees

88176988

96535036

90574668

100486624

 

 

Share capital

1456304000

1483394000

1595043620

1713894969

Legal agreement

This information is addressed exclusively to addresse. We don't assume responsibility for negligence referring to the content of this information.__On behalf of the objective information, please inform us if you have different observations.

 

Advertisement

The database which was published in HVG on 08.11.2014 and 15.11.2014 of the TOP 500 Hungarian companies regarding the revenues and after-tax profit and another one which was also published in HVG on 26.07.2014 of the TOP 50 The biggest Hungarian companies regarding the revenues, export revenues, after-tax profit, number of employees and equity were compiled by Creditreform Kft. by examining the data of not less than 8.500 companies (from official sources and the firms themselves).

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.64.11

UK Pound

1

Rs.97.84

Euro

1

Rs.71.12

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

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%)

 

 

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.