|
Report No. : |
326952 |
|
Report Date : |
18.06.2015 |
IDENTIFICATION DETAILS
|
Name : |
ABB SCHWEIZ AG |
|
|
|
|
Registered Office : |
Brown Boveri Strasse 6, 5400 Baden/AG |
|
|
|
|
Country : |
Switzerland |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
17.01.1990 |
|
|
|
|
Com. Reg. No.: |
400.3.008.861-1 |
|
|
|
|
Legal Form : |
Company Limited by Shares |
|
|
|
|
Line of Business : |
Manufacture of Other Electrical Equipment |
|
|
|
|
No. of Employees : |
6,000-7,999 |
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) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SWITZERLAND - ECONOMIC
OVERVIEW
Switzerland is a peaceful, prosperous, and modern market
economy with low unemployment, a highly skilled labor force, and a per capita
GDP among the highest in the world. Switzerland's economy benefits from a
highly developed service sector, led by financial services, and a manufacturing
industry that specializes in high-technology, knowledge-based production. Its
economic and political stability, transparent legal system, exceptional
infrastructure, efficient capital markets, and low corporate tax rates also
make Switzerland one of the world's most competitive economies. The Swiss have
brought their economic practices largely into conformity with the EU's to
enhance their international competitiveness, but some trade protectionism
remains, particularly for its small agricultural sector. The fate of the Swiss
economy is tightly linked to that of its neighbors in the euro zone, which
purchases half of all Swiss exports. The global financial crisis of 2008 and
resulting economic downturn in 2009 stalled export demand and put Switzerland
in a recession. The Swiss National Bank (SNB) during this period effectively
implemented a zero-interest rate policy to boost the economy as well as prevent
appreciation of the franc, and Switzerland's economy began to recover in 2010.
The sovereign debt crises currently unfolding in neighboring euro-zone
countries pose a significant risk to Switzerland's financial stability and are
driving up demand for the Swiss franc by investors seeking a safe-haven
currency. The independent SNB has upheld its zero-interest rate policy and
conducted major market interventions to prevent further appreciation of the
Swiss franc, but parliamentarians have urged it to do more to weaken the
currency. The franc's strength has made Swiss exports less competitive and
weakened the country's growth outlook; GDP growth fell below 2% per year during
2011-13. Switzerland has also responded to increasing pressure from individual
neighboring countries, the EU, the US, and international institutions to reform
its banking secrecy laws. Consequently, the government agreed to conform to
OECD regulations on administrative assistance in tax matters, including tax
evasion. The government has renegotiated its double taxation agreements with
numerous countries, including the US, to incorporate the OECD standard, and is
considering the possibility of imposing taxes on bank deposits held by
foreigners. These steps hurt Switzerland's long history of bank secrecy.
|
Source
: CIA |
ABB SCHWEIZ AG
Brown Boveri
Strasse 6
5400 Baden/AG
Switzerland/CH
Telephone: 058
5850000
Fax: 058
5850100
Web
site: http://www.abb.ch
E-mail: info@ch.abb.com
WIN
Worldbox No.: CH0000042009
VAT-No.: CHE-116.265.869 MWST
UID-No.: CHE101538426
Established: 1990
Line
of Business: Electro technology
Industry
Division: Manufacturing
Industry-code (NACE): 2790 Manufacture of other electrical equipment
Import/Export: Import, Export
Quality
certification: ISO 9001
Banks: UBS Ltd
Coverage: Group
Employees: 6,000-7,999
Sales: CHF 2-4 Bil
The company mainly focuses on the two core
businesses energy and automation technologies supplying systems and total solutions
for utilities and industrial enterprises.
The offering of the company contains:
Aluminium Solutions, Automotive, Buildings and Infrastructure, Cement
Solutions, Chemical Solutions, Energy Efficiency, Food and Beverage, Life
Sciences Solutions, Marine Solutions, Metals Solutions, Mining Solutions, OEM
and Panel Builder Solutions, Oil and Gas, Ports, Power Generation, Power
T&D Solutions, Printing, Process Automation, Pulp & Paper Solutions,
Railway, Solar Power Solutions, Water Industry, Wind Power Solutions.
Real
Estate: The company owns
extensive property.
Company
No: 400.3.008.861-1
UID-No.: CHE101538426
Legal
form: Company limited by
shares
Registration: 17.01.1990
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Aargau
History: Date of Incorporation
Statutes: 10.01.1990
Date of
Statutes: 04.06.2007
Date of
Statutes: 12.09.2003
Date of
Statutes: 11.12.2001
Date of
Statutes: 15.05.1998
Date of
Statutes: 28.02.1994
Date of
Statutes: 22.12.1993
Date of
Statutes: 14.12.1992
Entry Deleted Name
19.12.2001 ABB
Schweiz AG
19.12.2001 ABB
Switzerland Ltd (Name translated)
19.12.2001 ABB
Suisse SA (Name translated)
28.12.1993 ABB Drives AG
28.12.1993 ABB Drives Ltd
28.12.1993 ABB Drives SA
28.12.1993 19.12.2001 ABB Industrie AG
Entry Deleted Legal domicile
active Baden,
Switzerland
Entry Deleted Address
19.12.2001 Brown
Boveri Strasse 6, 5400 Baden/AG, Switzerland/CH
15.02.2001 c/o Asea Brown Boveri AG Haselstrasse 16, 5400
Baden/AG, Switzerland/CH
15.02.2001 19.12.2001 c/o ABB (Schweiz) AG, Haselstrasse 16, 5400
Baden/AG, Switzerland/CH
Entry Deleted Capital
04.03.1994 Share
Capital CHF 55,000,000, paidup CHF 55,000,000
Entry Deleted Capital Structure
04.03.1994 550,000
Registered shares of CHF 100.--
Title Name
President Veli-Matti
Reinikkala
Citizen:
Finland
Residential
address: 8700 Küsnacht/ZH, Switzerland
joint
signature of two
Registered
since: 05.01.2015
Director René
Cotting
Citizen:
Tentlingen, Switzerland
Residential
address: Stäfa, Switzerland
joint
signature of two
Registered
since: 17.01.2013
Director Remo
Lütolf
Citizen:
Meggen, Switzerland
Residential
address: Meggen, Switzerland
Born:
29.03.1956
joint
signature of two
Registered
since: 20.12.2012
Director Volker
Stephan
Citizen:
Germany
Residential
address: Wilen bei Wollerau, Switzerland
joint
signature of two
Registered
since: 23.12.2009
Title Name
Director Roman
Thomassin
Citizen:
Germany
Residential
address: Zug, Switzerland
joint
signature of two
Registered
since: 19.12.2001
Member
with signing authority Lorenz
Aebersold
Citizen:
Basel, Switzerland
Residential
address: Aarau/AG, Switzerland
joint
signature of two
Registered
since: 13.01.2009
Member
with signing authority Oliver
Albrecht Rhomberg
Citizen:
Mels, St. Gallen, Switzerland
Residential
address: 8000 Zürich/ZH, Switzerland
joint
signature of two
Registered
since: 10.07.2009
Member
with signing authority Stephan Aufdereggen
Citizen:
Obergoms, Switzerland
Residential
address: Chandolin-près-Savièse, Switzerland
joint
signature of two
Registered
since: 06.02.2014
Member
with signing authority Roland Bächli
Citizen:
Würenlingen, Switzerland
Residential
address: Lengnau/AG, Switzerland
joint
signature of two
Registered
since: 13.01.2009
Member
with signing authority Oliver Berger
Citizen:
Germany
Residential
address: Erlenbach/ZH, Switzerland
joint
signature of two
Registered
since: 23.04.2015
Member
with signing authority Jürgen
Bernauer
Citizen:
Germany
Residential
address: Embrach, Switzerland
joint
signature of two
Registered
since: 04.08.2008
Member
with signing authority Daniel
Bischofberger
Citizen:
Oberegg, Switzerland
Residential
address: Hünenberg See, Switzerland
joint
signature of two
Registered
since: 25.10.2011
Member
with signing authority Mathias
Blattner
Citizen:
Küttigen, Switzerland
Residential
address: 5430 Wettingen/AG, Switzerland
Born:
23.02.1976
joint
signature of two
Registered
since: 30.05.2006
Member
with signing authority Oliver
Blauenstein
Citizen:
Basel, Switzerland
Residential
address: Zürich/ZH, Switzerland
joint
signature of two
Registered
since: 14.07.2014
Member
with signing authority Mathias Bolliger
Citizen:
Gontenschwil, Switzerland
Residential
address: Wohlenschwil, Switzerland
joint
signature of two
Registered
since: 20.10.2014
Member
with signing authority Mauro Damonte
Citizen:
Italy
Residential
address: Othmarsingen, Switzerland
joint
signature of two
Registered
since: 06.05.2013
Member
with signing authority Giuseppe Luigi
De Franco
Citizen:
Flawil, Switzerland
Residential
address: Neftenbach, Switzerland
joint
signature of two
Registered
since: 04.12.2014
Member
with signing authority Urs Dogwiler
Citizen:
Cham, Switzerland
Residential
address: Wettswil am Albis, Switzerland
joint
signature of two
Registered
since: 16.09.2014
Member
with signing authority Marijo
Drinovac
Citizen:
Wallisellen, Switzerland
Residential
address: Embrach, Switzerland
joint
signature of two
Registered
since: 06.02.2014
Member
with signing authority Arthur Eckert
Citizen:
Hornussen, Switzerland
Residential
address: Frick, Switzerland
Born:
07.01.1960
joint
signature of two
Registered
since: 17.01.2013
Member
with signing authority Frederik
Esterhuizen
Citizen:
South Africa
Residential
address: Neuenhof, Switzerland
joint
signature of two
Registered
since: 07.11.2014
Member
with signing authority Alexander Fach
Citizen:
Germany
Residential
address: Boppelsen, Switzerland
joint
signature of two
Registered
since: 27.11.2012
Member
with signing authority Wolfgang
Felber
Citizen:
Bözberg, Switzerland
Residential
address: 5023 Biberstein/AG, Switzerland
Born:
12.06.1962
joint
signature of two
Registered
since: 04.03.2010
Member
with signing authority Antonio
Gonzalez
Citizen:
Spain
Residential
address: Ponte Tresa, Switzerland
joint
signature of two
Registered
since: 17.01.2012
Member
with signing authority Urs Erwin
Gribi
Citizen:
Lengnau BE, Switzerland
Residential
address: 5452 Oberrohrdorf/AG, Switzerland
joint
signature of two
Registered
since: 27.07.2011
Member
with signing authority Roger Gschwend
Citizen:
Altstätten, Switzerland
Residential
address: Bassersdorf, Switzerland
joint
signature of two
Registered
since: 27.11.2012
Member
with signing authority Georges
Haeusermann
Citizen:
Egliswil, Switzerland
Residential
address: 5405 Dättwil/AG, Switzerland
joint
signature of two
Registered
since: 10.07.2009
Member
with signing authority Peter Hansen
Citizen:
Denmark
Residential
address: 5234 Villigen/AG, Switzerland
Born:
20.05.1961
joint
signature of two
Registered
since: 29.04.2009
Member
with signing authority Martin Hutzli
Citizen:
Bern, Zweisimmen, Switzerland
Residential
address: Zürich/ZH, Switzerland
Born:
28.10.1958
joint
signature of two
Registered
since: 27.06.2007
Member
with signing authority Dr. Mathias
Ingold
Citizen:
Germany
Residential
address: 8103 Unterengstringen/ZH, Switzerland
Born:
14.08.1961
joint
signature of two
Registered
since: 19.12.2001
Member
with signing authority Frank Jänicke
Citizen:
Zürich, Switzerland
Residential
address: Zollikon, Switzerland
joint
signature of two
Registered
since: 06.05.2013
Member
with signing authority Edgar Keller
Citizen:
Germany
Residential
address: Stühlingen/Mauchen, Germany
joint
signature of two
Registered
since: 10.07.2009
Member
with signing authority Andreas Koch
Citizen:
Villmergen, Switzerland
Residential
address: 5620 Bremgarten/AG, Switzerland
joint
signature of two
Registered
since: 10.07.2009
Member
with signing authority Paul Volker
Köhn
Citizen:
Germany
Residential
address: Zürich, Switzerland
joint
signature of two
Registered
since: 01.05.2015
Member
with signing authority Gabrielle
Krafft
Citizen:
Vevey, Switzerland
Residential
address: Zürich, Switzerland
Born:
15.11.1967
joint
signature of two
Registered
since: 06.01.2012
Member
with signing authority Gregor Kumm
Citizen:
Germany
Residential
address: Volketswil, Switzerland
joint
signature of two
Registered
since: 25.09.2014
Member
with signing authority Moritz Küng
Citizen:
Wangenhausen, Switzerland
Residential
address: Brugg/AG, Switzerland
Born:
10.02.1960
joint
signature of two
Registered
since: 19.12.2001
Member
with signing authority Philipp Lehner
Citizen:
Rorschacherberg, Switzerland
Residential
address: 8000 Zürich/ZH, Switzerland
joint
signature of two
Registered
since: 20.01.2011
Member
with signing authority Kurt Lötscher
Citizen:
Flühli, Switzerland
Residential
address: 6330 Cham/ZG, Switzerland
joint
signature of two
Registered
since: 20.12.2006
Member
with signing authority Max Dirk Tomas
Luedtke
Citizen:
Sweden
Residential
address: Kilchberg/ZH, Switzerland
joint
signature of two
Registered
since: 07.11.2014
Member
with signing authority Anna Lundquist
Citizen:
Sweden
Residential
address: Remetschwil, Switzerland
joint
signature of two
Registered
since: 25.09.2014
Member
with signing authority Nadir Mandioni
Citizen:
Acquarossa, Switzerland
Residential
address: Winkel, Switzerland
joint
signature of two
Registered
since: 05.01.2015
Member
with signing authority John Martin
Citizen:
South Africa
Residential
address: Wädenswil, Switzerland
joint
signature of two
Registered
since: 15.08.2012
Member
with signing authority Beda Mrose
Citizen:
Magden, Switzerland
Residential
address: 5313 Klingnau/AG, Switzerland
Born:
10.02.1964
joint
signature of two
Registered
since: 27.06.2007
Member
with signing authority Christian
Müntener
Citizen:
Sevelen, Switzerland
Residential
address: 5436 Würenlos/AG, Switzerland
joint
signature of two
Registered
since: 01.05.2015
Member
with signing authority Daniel Neeser
Citizen:
Adliswil, Switzerland
Residential
address: Thalwil, Switzerland
Born:
08.06.1962
joint
signature of two
Registered
since: 17.09.2003
Member
with signing authority Adrian Obrist
Citizen:
Neuenkirch, Switzerland
Residential
address: Hergiswil/NW, Switzerland
joint
signature of two
Registered
since: 06.02.2014
Member
with signing authority Marco Pellin
Citizen:
St. Gallen, Switzerland
Residential
address: 8917 Oberlunkhofen/AG, Switzerland
joint
signature of two
Registered
since: 12.03.2009
Member
with signing authority Madeleine
Petit
Citizen:
France
Residential
address: 5400 Baden/AG, Switzerland
joint
signature of two
Registered
since: 12.01.2011
Member
with signing authority Stefan
Ramseier
Citizen:
Luzern, Switzerland
Residential
address: Obersiggenthal, Switzerland
joint
signature of two
Registered
since: 02.06.2014
Member
with signing authority Mauro Romano
Citizen:
Frick, Switzerland
Residential
address: Unterentfelden, Switzerland
joint
signature of two
Registered
since: 06.02.2014
Member
with signing authority Ernst Roth
Citizen:
Ebnat-Kappel, Switzerland
Residential
address: Freienwil, Switzerland
joint
signature of two
Registered
since: 15.08.2012
Member
with signing authority Adrian
Rothenbühler
Citizen:
Oberdorf SO, Switzerland
Residential
address: Küttigen, Switzerland
joint
signature of two
Registered
since: 25.10.2011
Member
with signing authority Jacqueline
Rowlands
Citizen:
United Kingdom
Residential
address: 5417 Untersiggenthal/AG, Switzerland
joint
signature of two
Registered
since: 05.01.2006
Member
with signing authority Natascia
Rubinic
Citizen:
Italy
Residential
address: Kilchberg /ZH, Switzerland
joint
signature of two
Registered
since: 25.09.2014
Member
with signing authority André Schärer
Citizen:
Möriken-Wildegg, Switzerland
Residential
address: Möriken-Wildegg, Switzerland
joint
signature of two
Registered
since: 04.12.2014
Member
with signing authority Alexander
Scharrer
Citizen:
Germany
Residential
address: Küssaberg, Germany
joint
signature of two
Registered
since: 27.06.2008
Member
with signing authority Dieter Schön
Citizen:
Germany
Residential
address: Klettgau , Germany
joint
signature of two
Registered
since: 06.01.2012
Member
with signing authority Federico
Scrugli
Citizen:
Italy
Residential
address: 5436 Würenlos/AG, Switzerland
Born:
26.07.1958
joint
signature of two
Registered
since: 13.03.2002
Member
with signing authority Dominique Sigl
Citizen:
Basel, Arbon, Switzerland
Residential
address: Zürich/ZH, Switzerland
joint
signature of two
Registered
since: 09.03.2006
Member
with signing authority Helen
Stauffiger
Citizen:
Zürich, Switzerland
Residential
address: Oberlunkhofen, Switzerland
joint
signature of two
Registered
since: 27.11.2012
Member
with signing authority Detlef Steck
Citizen:
Zollikon, Switzerland
Residential
address: Erlenbach/ZH, Switzerland
joint
signature of two
Registered
since: 07.03.2012
Member
with signing authority Bernadette
Stirnimann
Citizen:
Urdorf, Switzerland
Residential
address: Zürich/ZH, Switzerland
Born:
12.06.1969
joint
signature of two
Registered
since: 10.04.2008
Member
with signing authority Frank Wentzler
Citizen:
Germany
Residential
address: Eschenz, Switzerland
Born:
17.08.1960
joint
signature of two
Registered
since: 13.03.2002
Member
with signing authority Max Wüthrich
Citizen:
Trub, Switzerland
Residential
address: Risch, Switzerland
joint
signature of two
Registered
since: 13.03.2002
Member
with signing authority Karin L. J.
Wynen
Citizen:
Belgium
Residential
address: Lenzburg, Switzerland
joint
signature of two
Registered
since: 02.06.2014
Member
with signing authority Daniel Zeidler
Citizen:
Arlesheim, Switzerland
Residential
address: Kesswil, Switzerland
joint
signature of two
Registered
since: 25.10.2011
Member
with signing authority Thomas Zickler
Citizen:
Germany
Residential
address: Pfäffikon, Switzerland
joint
signature of two
Registered
since: 18.10.2010
Member
with signing authority Armin Ziegler
Citizen:
Germany
Residential
address: Biberstein, Switzerland
joint
signature of two
Registered
since: 25.09.2014
Member
with signing authority Gilbert
Zimmermann
Citizen:
Schwändi, Switzerland
Residential
address: 5420 Ehrendingen/AG, Switzerland
joint
signature of two
Registered
since: 11.05.2007
Member
with signing authority Marc André
Zingg
Citizen:
Bürglen TG, Switzerland
Residential
address: Alberswil, Switzerland
joint
signature of two
Registered
since: 01.05.2015
Member
with signing authority Martin Zürcher
Citizen:
Trub, Switzerland
Residential
address: Buchs /ZH, Switzerland
joint
signature of two
Registered
since: 25.10.2011
Member
with procuration Marianne
Bernath
Citizen:
Thayngen, Switzerland
Residential
address: Thayngen, Switzerland
joint
power of attorney of two
Registered
since: 19.12.2001
Member
with procuration Thomas
Forster
Citizen:
Hauptwil-Gottshaus, Switzerland
Residential
address: Widnau, Switzerland
joint
power of attorney of two
Registered
since: 19.12.2001
Member
with procuration Peter Nachbur
Citizen:
Basel, Switzerland
Residential
address: Muri bei Bern, Switzerland
joint
power of attorney of two
Registered
since: 19.12.2001
Member
with procuration Rainer
Sernatinger
Citizen:
Germany
Residential
address: Singen, Germany
joint
power of attorney of two
Registered
since: 19.12.2001
Title Name
Auditor Ernst
& Young AG
Residential
address: Zürich, Switzerland
Id:
CHE-491.907.686
Registered
since: 17.09.2003
Name: ABB Ltd
City/Country: Zürich/ZH, Switzerland/CH
Consolidation: consolidated (Segment)
Industry: Trade/Industry
Fiscal year end: 31.12.2014 31.12.2013 31.12.2012 31.12.2011 31.12.2010
Number of months: 12 12 12 12 12
Currency: mil.
CHF mil. CHF mil. CHF mil. CHF mil.
CHF
Operating revenue 3,411.0 3,551.0 3,520.0 3,571.0 3,602.0
Capital 55.0 55.0 55.0 55.0 55.0
Research and
Development 267.0 270.0 293.0 412.0 398.0
Orders received 3,483.0 3,328.0 3,280.0 3,368.0 3,612.0
Employees at year end 6,640 6,966 6,949 6,647 6,137
Financial Data ABB Group
Consolidation: consolidated
Industry: Trade/Industry
Fiscal year end: 31.12.2014 31.12.2013 31.12.2012 31.12.2011 31.12.2010
Number of months: 12 12 12 12 12
Currency: mil.
USD mil. USD mil. USD mil. USD mil.
USD
Statement norm: US-GAAP US-GAAP US-GAAP US-GAAP US-GAAP
Balance Sheet
Intangible fixed
assets 12,755.0 13,967.0 13,727.0 9,522.0 4,786.0
Tangible fixed
assets 5,652.0 6,254.0 5,947.0 4,922.0 4,356.0
Financial fixed
assets 177.0 197.0 213.0 156.0 19.0
other fixed assets 1,308.0 1,221.0 1,181.0 1,261.0 1,786.0
Fixed assets 19,892.0 21,639.0 21,068.0 15,861.0 10,947.0
Stocks 5,376.0 6,004.0 6,182.0 5,737.0 4,878.0
Trade accounts receivable 11,078.0 12,146.0 11,575.0 10,773.0 9,970.0
Cash & Cash
Equivalents 5,443.0 6,021.0 6,875.0 4,819.0 5,897.0
Securities 1,325.0 464.0 1,606.0 948.0 2,713.0
other trade
accounts 1,546.0 1,538.0 1,453.0 1,283.0 1,697.0
Accruals 218.0 252.0 311.0 227.0 193.0
Other current
assets 8,532.0 8,275.0 10,245.0 7,277.0 10,500.0
Current assets 24,986.0 26,425.0 28,002.0 23,787.0 25,348.0
Total assets 44,878.0 48,064.0 49,070.0 39,648.0 36,295.0
Capital 1,777.0 1,750.0 1,691.0 1,621.0 1,454.0
Other shareholders
funds 14,492.0 16,928.0 15,215.0 14,156.0 13,431.0
Total shareholders
equity 16,269.0 18,678.0 16,906.0 15,777.0 14,885.0
Minority interests 546.0 530.0 540.0 559.0 573.0
long term debt
(financial debts) 7,338.0 7,570.0 7,534.0 3,231.0 1,139.0
Provisions 2,394.0 2,904.0 3,550.0 2,024.0 1,242.0
Other non current
liabilities 2,751.0 1,707.0 1,566.0 1,496.0 1,718.0
Non current
liabilities 12,483.0 12,181.0 12,650.0 6,751.0 4,099.0
short term debt
(financial debts) 353.0 453.0 2,537.0 765.0 1,043.0
Trade accounts
payable 6,220.0 6,826.0 7,027.0 6,546.0 6,319.0
Provisions 2,837.0 3,333.0 3,658.0 3,943.0 4,119.0
Accruals 955.0 1,090.0 2,096.0 1,822.0 1,644.0
other accounts
payable 5,215.0 4,973.0 3,656.0 3,485.0 3,613.0
other current
liabilities 9,007.0 9,396.0 9,410.0 9,250.0 9,376.0
Current
liabilities 15,580.0 16,675.0 18,974.0 16,561.0 16,738.0
Shareh. equity,
min. int. & liabilities 44,878.0 48,064.0 49,070.0 39,648.0 36,295.0
Profit and loss account
Net sales 39,830.0 41,848.0 39,336.0 37,990.0 31,589.0
Other operating
revenue 529.0 0.0 0.0 0.0 0.0
Operating revenue 40,359.0 41,848.0 39,336.0 37,990.0 31,589.0
Cost of goods sold 28,615.0 29,856.0 27,958.0 26,556.0 22,060.0
Gross profit 11,744.0 11,992.0 11,378.0 11,434.0 9,529.0
Other operating expenses 7,566.0 7,605.0 7,320.0 6,767.0 5,711.0
Operating result 4,178.0 4,387.0 4,058.0 4,667.0 3,818.0
Interest revenues 80.0 69.0 73.0 90.0 95.0
Financial income 80.0 69.0 73.0 90.0 95.0
Interest expenses 362.0 390.0 293.0 207.0 173.0
Financial expenses 362.0 390.0 293.0 207.0 173.0
Financial result -282.0 -321.0 -220.0 -117.0 -78.0
Result before
extraordinary items 3,896.0 4,066.0 3,838.0 4,550.0 3,740.0
Extraordinary
income 24.0 4.0 9.0 10.0
Extraordinary
expenses 37.0
Extraordinary
Result 24.0 -37.0 4.0 9.0 10.0
Result before
taxes 3,920.0 4,029.0 3,842.0 4,559.0 3,750.0
Taxes 1,202.0 1,122.0 1,030.0 1,244.0 1,018.0
Result before
minority interests 2,718.0 2,907.0 2,812.0 3,315.0 2,732.0
minority interests 124.0 120.0 108.0 147.0 171.0
Result for the
financial year 2,594.0 2,787.0 2,704.0 3,168.0 2,561.0
Cash flow
Depreciation 1,305.0 1,318.0 1,182.0 995.0 702.0
Cash flow 4,023.0 4,225.0 3,994.0 4,310.0 3,434.0
Cash flow from
operating activities 3,845.0 3,653.0 3,779.0 3,612.0 4,197.0
Investments in
tangible fixed assets 1,026.0 1,106.0 1,293.0 1,021.0 840.0
Cash flow from
investing activities -1,121.0 -717.0 -5,575.0 -3,253.0 -2,747.0
Cash flow from
financing activities -3,024.0 -3,856.0 3,762.0 -1,208.0 -2,530.0
Others -278.0 66.0 90.0 -229.0 -142.0
Change in
liquidity -578.0 -854.0 2,056.0 -1,078.0 -1,222.0
Liquidity at
beginning of the year 6,021.0 6,875.0 4,819.0 5,897.0 7,119.0
Liquidity at end
of the year 5,443.0 6,021.0 6,875.0 4,819.0 5,897.0
Notes
Research and
Development 1,499.0 1,470.0 1,464.0 1,371.0 1,082.0
Orders received 41,515.0 38,896.0 40,232.0 40,210.0 32,681.0
Added value 5,587.0 5,737.0 5,317.0 5,761.0 4,625.0
Working Capital 10,234.0 11,324.0 10,730.0 9,964.0 8,529.0
Net Current Assets 9,406.0 9,750.0 9,028.0 7,226.0 8,610.0
Sales per Employee 0.3 0.3 0.3 0.3 0.3
Market
capitalisation 48,000.0 54,000.0 47,700.0 43,152.1 47,564.6
Gross cost land
and buildings 4,142.0 4,478.0 4,316.0 3,648.0 3,887.0
Gross cost other
tangible fixed assets 8,415.0 8,903.0 8,230.0 7,395.0 6,371.0
Gross cost total 12,557.0 13,381.0 12,546.0 11,043.0 10,258.0
Employees at year end 140,400 147,700 146,100 133,600 116,500
Employees inland 32,200 7,250 6,949 6,647 6,400
Employees abroad 108,200 140,450 139,151 126,953 110,100
No.
of Owner/-s: 1
Owner: The company is domestic
owned.
Class: 100%
Type: indirect,
Group-Level 1
Name: ABB
Ltd
City/Country: Zürich/ZH, Switzerland/CH
Interest: 100,00%
voting right, 100,00% capital interest
Class: 100%
Name: Trasfor
SA
City/Country: Monteggio/TI,
Switzerland/CH
Interest: 100,00%
voting right, 100,00% capital interest (since 11.07.2011)
Class: 0-9%
Name: REFUNA AG
City/Country: Döttingen/AG, Switzerland/CH
No. of shares: 145
Interest: 8,06%
voting right, 8,06% capital interest
Control date Year No. Amount CHF Status
16.09.2014 2014 1 58.-- Paid legal actions
16.09.2014 2014 2 37,382.-- Opposition filed
31.12.2013 2013 1 257,688.-- Opposition filed
31.12.2012 2012 1 89.-- Opposition filed
31.12.2011 2011 0 Legal
actions
31.12.2010 2010 0 Legal
actions
31.12.2009 2009 2 8,001,162.-- Opposition filed
09.01.2006 2006 1 250,000.-- Opposition filed
31.12.2005 2005 1 776.-- Closed legal actions
31.12.2005 2005 2 706,782.-- Opposition filed
31.12.2004 2004 1 456,782.-- Opposition filed
31.12.2003 2003 3 1,977,772.-- Opposition filed
Official bankruptcy
reports:
No bankruptcy
publications available on the subject.
An updated legal action
check is only available against proof of interest. e.g. a copy of an enquiry
letter, and order or invoice relating to the subject company.
The company is not
listed in the WorldCompliance database.
Debt collection case:
JAN 2015: CHF 40.00, paid.
OCT 2014: CHF 52.00, in process
MAY 2014: CHF 125.00, last reminder.
MAR 2014: CHF 375.00, paid.
MAR 2014: CHF 234.00, paid.
MAR 2014: CHF 72.00, booked up.
MAR 2014: CHF 102.00, booked up.
FEB 2014: CHF 1'200.00,
paid.
FEB 2014: CHF 112.00, booked up.
JAN 2014: CHF 180.00, paid.
SEP 2013: CHF 9'770.00, last reminder.
APR 2013: CHF 149.00, last reminder.
JAN 2013: CHF 253.00, paid.
JAN 2013: CHF 52.00, paid.
JUN 2012: CHF 317.00.
JUL 2010: CHF 30.00, paid.
Note: The VAT number -
CHE-116.265.869 MWST - is the Group VAT number.
Financial Situation: The Financial situation is considered to be very good.
Payment experiences: Payment habits are considered good.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.11 |
|
|
1 |
Rs.100.32 |
|
Euro |
1 |
Rs.72.17 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
NIT |
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.