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Report No. : |
310104 |
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Report Date : |
09.03.2015 |
IDENTIFICATION DETAILS
|
Name : |
AGRO ALLIANCE LTD |
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|
|
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Registered Office : |
Prosp Shuvalovskiy 28, 197373 G Sankt-Peterburg |
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|
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Country : |
Russia |
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Financials (as on) : |
31.12.2013 |
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Date of Incorporation : |
23.07.2008 |
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Com. Reg. No.: |
1089847289290 |
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Legal Form : |
Limited Liabilities Companies |
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Line of Business : |
·
Manufacture of grain mill products ·
Agents involved in the sale of food ·
Wholesale of grain ·
Wholesale of meat and meat products ·
Retail sale of meat and meat products ·
Other retail sale of food ·
Cargo handling |
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|
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|
No. of Employees : |
Not Available |
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 |
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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) |
|
Russia |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
RUSSIA - ECONOMIC OVERVIEW
Russia has undergone
significant changes since the collapse of the Soviet Union, moving from a
globally-isolated, centrally-planned economy towards a more market-based and
globally-integrated economy, but stalling as a partially reformed, statist
economy with a high concentration of wealth in officials' hands. Economic
reforms in the 1990s privatized most industry, with notable exceptions in the
energy and defense-related sectors. The protection of property rights is still
weak and the private sector remains subject to heavy state interference. Russia
is one of the world's leading producers of oil and natural gas and is also a
top exporter of metals such as steel and primary aluminum. Russia's
manufacturing sector is generally uncompetitive on world markets and is geared
toward domestic consumption. Russia's reliance on commodity exports makes it
vulnerable to boom and bust cycles that follow the volatile swings in global
prices. The economy, which had averaged 7% growth during 1998-2008 as oil
prices rose rapidly, was one of the hardest hit by the 2008-09 global economic
crisis as oil prices plummeted and the foreign credits that Russian banks and
firms relied on dried up. Slowly declining oil prices over the past few years
and difficulty attracting foreign direct investment have contributed to a
noticeable slowdown in GDP growth rates. In late 2013, the Russian Economic
Development Ministry reduced its growth forecast through 2030 to an average of
only 2.5% per year, down from its previous forecast of 4.0 to 4.2%. In 2014,
following Russia's military intervention in Ukraine, prospects for economic
growth declined further, with expections that GDP growth could drop as low as
zero.
|
Source
: CIA |
AGRO ALLIANCE LTD
OOO
"Agro-Alyans"
Prosp Shuvalovskiy 28,
197373 G Sankt-Peterburg
Tel: 78122404310
Telefax: 78122404330
E-Mail: a-a@agro-al.ru
Web: www.agro-al.ru
|
Company development |
Constant company development. |
(31) |
|
Business course |
Good order situation. |
(21) |
|
Terms of payment |
As far as know, punctually. |
(29) |
|
Business connection |
Business connection appears permissable. |
(31) |
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Legal form |
Limited liability companies (OOO) |
|
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Established on |
23/07/2008 - Limited liability companies (OOO) |
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Registered on |
23/07/2008, MEZHRAYONNAYA INSPEKTSIYA FNS
ROSSII N 15 PO SANKT-PETERBURGU, RegNr.: 1089847289290 |
|||
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Registered capital |
RUB |
435 823 921,- |
|
|
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Owner |
AGRO-ALYANS SAYPRES LIMITED |
% |
100 |
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Sole Executive Body |
VIKTOR ALEKSEEVICH KOZYREV |
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General data |
Main activity: |
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Full name: |
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Name in foreign
language: |
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Short name: |
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Residence address: |
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Permanent
address: |
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Other activities |
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: |
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Manufacture of grain mill products |
(15.61.1) |
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Manufacture of grain mill products |
(15.61.3) |
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Agents involved in the sale of food |
(51.17) |
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Wholesale of grain |
(51.21) |
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Wholesale of meat and meat products |
(51.32) |
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|
Retail sale of meat and meat products |
(52.22) |
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Other retail sale of food |
(52.27.22) |
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Other retail sale of food |
(52.27.32) |
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Cargo handling |
(63.11) |
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Activities of other transport agencies |
(63.40) |
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Letting of own property |
(70.20.2) |
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Renting of automobiles |
(71.10) |
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Renting of other land transport equipment |
(71.21) |
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Technical testing and analysis |
(74.3) |
|
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Other business activities not elsewhere classified |
(74.84) |
|
Annual turnover |
31/12/2011 |
Enterprise turnover |
RUB |
2 955 393 000,- |
|
|
|
31/12/2012 |
Enterprise turnover |
RUB |
3 520 853 000,- |
|
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|
31/12/2013 |
Enterprise turnover |
RUB |
4 705 667 000,- |
|
|
Events, negative data |
07.03.2014 - Legal debt collection procedure |
||||
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Remarks |
The main activity of OOO “Agro-Alyans” is
import and production of packaged grits. The subject owns the following brands:
“Agro-Alyans”, “YunNat”, “Russkaya kasha”. |
|
A. The enclosed balance of 2011 is originated from official source, no
data available about authentication. (31.12.2011 - 1000 RUB) - Warning! The
figures stated in the balance sheet may contain error(s). |
|
|
balance |
A 31.12.2011 |
B 31.12.2012 |
C 31.12.2013 |
|
1. ASSETS |
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I. FIXED ASSETS |
|
|
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Intangible assets |
542 |
730 |
934 |
|
The results of research and development |
0 |
0 |
0 |
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Intangible research assets |
0 |
0 |
0 |
|
Tangible research assets |
0 |
0 |
0 |
|
Fixed assets |
34 934 |
25 428 |
52 272 |
|
Profitable investments in tangible assets |
0 |
0 |
0 |
|
Financial investments |
461 842 |
357 660 |
355 653 |
|
Deferred tax assets |
373 |
112 |
1 099 |
|
Other non-current assets |
0 |
0 |
0 |
|
TOTAL IN SECTION I. |
497 691 |
383 930 |
409 957 |
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II. CURRENT ASSETS |
|
|
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Inventories |
383 176 |
382 940 |
408 755 |
|
VAT on acquired assets |
6 909 |
12 592 |
14 122 |
|
Accounts receivable |
392 965 |
791 116 |
1 018 205 |
|
Financial investments (excluding the monetary equivalent) |
7 300 |
15 522 |
0 |
|
Cash and monetary equivalents |
4 481 |
291 |
69 |
|
Other current assets |
2 336 |
2 400 |
2 786 |
|
TOTAL IN SECTION II. |
797 167 |
1 204 862 |
1 443 937 |
|
BALANCE |
1 294 858 |
1 588 792 |
1 853 894 |
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2. LIABILITIES |
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|
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III. CAPITAL AND RESERVES |
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|
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Authorized capital (share capital, charter capital, deposits capital,
partners capital) |
70 000 |
163 233 |
163 233 |
|
Treasury stock |
0 |
0 |
0 |
|
Revaluation of fixed assets |
0 |
0 |
0 |
|
Additional capital (without revaluation) |
2 979 |
2 979 |
2 979 |
|
Reserve capital |
0 |
0 |
0 |
|
Retained earnings (uncovered loss) |
89 288 |
122 711 |
136 583 |
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TOTAL IN SECTION III. |
162 267 |
288 923 |
302 796 |
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IV. LONG-TERM LIABILITIES |
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Borrowed funds |
441 005 |
414 889 |
686 198 |
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Deferred tax liabilities |
251 |
3 046 |
1 683 |
|
Provisions |
0 |
0 |
0 |
|
Other liabilities |
0 |
0 |
17 089 |
|
TOTAL IN SECTION IV. |
441 256 |
417 935 |
704 969 |
|
V. SHORT-TERM LIABILITIES |
|
|
|
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Borrowed funds |
327 667 |
310 003 |
462 999 |
|
Payables |
354 803 |
569 455 |
378 957 |
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Deferred income |
0 |
0 |
0 |
|
Provisions |
1 379 |
2 475 |
4 173 |
|
Sonstige Verbindlichkeiten |
7 485 |
0 |
0 |
|
TOTAL IN SECTION V. |
691 335 |
881 933 |
846 130 |
|
BALANCE |
1 294 858 |
1 588 792 |
1 853 894 |
|
A. The enclosed profit and loss account of 2011 is originated from official
source, no data available about authentication. (31.12.2011 - 1000 RUB) |
|||
|
profit and loss account |
A 31.12.2011 |
B 31.12.2012 |
C 31.12.2013 |
|
Turnover |
2 955 393 |
3 520 853 |
4 705 667 |
|
Cost of sales |
2 145 946 |
2 697 706 |
3 536 833 |
|
Gross profit (loss) |
809 447 |
823 147 |
1 168 834 |
|
Selling expenses |
637 865 |
658 043 |
981 490 |
|
Administrative expenses |
0 |
0 |
0 |
|
Sales profit (loss) |
171 582 |
165 104 |
187 344 |
|
Earnings from other entities |
0 |
0 |
2 000 |
|
Interest receivable |
3 330 |
1 305 |
567 |
|
Interest payable |
45 649 |
57 786 |
74 129 |
|
Other operating income |
1 280 434 |
1 901 732 |
2 885 844 |
|
Other operating expenses |
1 402 911 |
1 967 112 |
2 969 753 |
|
Profit (loss) before tax |
6 786 |
43 243 |
31 873 |
|
Current profit tax |
2 943 |
6 752 |
9 266 |
|
Permanent tax liabilities (assets) |
-1 528 |
-959 |
-540 |
|
Change in deferred tax liabilities |
177 |
2 876 |
0 |
|
Change in deferred tax assets |
176 |
22 |
2 351 |
|
Different |
0 |
213 |
0 |
|
Net profit (loss) |
3 842 |
33 424 |
24 958 |
|
Results of fixed assets revaluation, non-includedin net profit/loss
for period |
0 |
0 |
0 |
|
Result of other transactions, non included in net profit/loss for
period |
0 |
0 |
0 |
|
Total financial result for period |
3 842 |
33 424 |
24 958 |
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|||
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Ratios |
|
2011 |
2012 |
2013 |
|
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Current ratio |
1,15 |
1,37 |
1,71 |
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Quick ratio |
0,6 |
0,93 |
1,22 |
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Average Collection Period |
51,72 |
61,38 |
70,17 |
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Payables turnover Period |
51,63 |
62,53 |
48,94 |
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Debt ratio |
0,87 |
0,82 |
0,84 |
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Equity to total assets ratio |
0,13 |
0,18 |
0,16 |
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Funding ratio |
0,14 |
0,22 |
0,2 |
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Return on sales |
0,13 |
0,95 |
0,53 |
|
|
Return on Assets |
0,35 |
2,32 |
1,45 |
|
|
Return on Equity |
2,32 |
14,82 |
8,44 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.20 |
|
|
1 |
Rs.94.71 |
|
Euro |
1 |
Rs.68.60 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
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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 |
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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 |
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|
-- |
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.