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Report No. : |
311955 |
|
Report Date : |
12.03.2015 |
IDENTIFICATION DETAILS
|
Name : |
BASTEI LUBBE AG |
|
|
|
|
Registered Office : |
Schanzenstr. 6-20 D 51063 Köln |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.03.2014 |
|
|
|
|
Date of Incorporation : |
1949 |
|
|
|
|
Com. Reg. No.: |
HRB 79249 |
|
|
|
|
Legal Form : |
Public limited company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employee : |
288 |
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
GERMANY ECONOMIC OVERVIEW
The German economy - the fifth largest economy in the world
in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles,
chemicals, and household equipment and benefits from a highly skilled labor
force. Like its Western European neighbors, Germany faces significant
demographic challenges to sustained long-term growth. Low fertility rates and
declining net immigration are increasing pressure on the country's social
welfare system and necessitate structural reforms. Reforms launched by the
government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to
address chronically high unemployment and low average growth, has contributed
to strong growth and falling unemployment. These advances, as well as a
government subsidized, reduced working hour scheme, help explain the relatively
modest increase in unemployment during the 2008-09 recession - the deepest since
World War II - and its decrease to 5.3% in 2013. The new German government
introduced a minimum wage of $11 per hour to take effect in 2015. Stimulus and
stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in
Chancellor Angela MERKEL's second term increased Germany's total budget deficit
- including federal, state, and municipal - to 4.1% in 2010, but slower
spending and higher tax revenues reduced the deficit to 0.8% in 2011 and in
2012 Germany reached a budget surplus of 0.1%. A constitutional amendment
approved in 2009 limits the federal government to structural deficits of no
more than 0.35% of GDP per annum as of 2016 though the target was already
reached in 2012. Following the March 2011 Fukushima nuclear disaster,
Chancellor Angela MERKEL announced in May 2011 that eight of the country's 17
nuclear reactors would be shut down immediately and the remaining plants would
close by 2022. Germany hopes to replace nuclear power with renewable energy.
Before the shutdown of the eight reactors, Germany relied on nuclear power for
23% of its electricity generating capacity and 46% of its base-load electricity
production
|
Source
: CIA |
BASTEI LUBBE AG
Kornharpener Str. 126, D 44791 Bochum
The subject of your inquiry is a
branch. We are reporting on the headquarters.
Company Status: active
Schanzenstr. 6-20
D 51063 Köln
Telephone:0221/8200-0
Telefax:
0221/8200-1500
Homepage: www.luebbe.de
E-mail: webmaster@luebbe.de
VAT no.: DE121961052
Tax ID number: 218/5802/0711
Business relations are permissible.
LEGAL
FORM Public limited company
Date of foundation: 1949
Registered on: 14.08.2013
Commercial Register: Local court 50939 Köln
under: HRB
79249
Share capital: EUR 13,300,000.00
The
company is listed on the stock market.
Shareholder:
Birgit Lübbe
An der Lohe 30
D 51465 Bergisch Gladbach
born: 02.03.1968
Share: 48.870 %
Shareholder:
Diana Roggen
D 51061 Köln
Share: 3.010 %
Shareholder:
Andreas Roggen
D 51061 Köln
Share: 3.010 %
Shareholder:
Eva Meinecke
D 51061 Köln
Share: 3.010 %
President of
the Board of Directors:
Thomas Schierack
D 50968 Köln
authorized to jointly
represent the company
born: 04.02.1958
Profession: Solicitor
Marital status:
single
Member of
the Board of Directors:
Jörg Plathner
D 70174 Stuttgart
born: 23.07.1965
Profession: Management
expert
Marital status: unknown
Member of
the Board of Directors:
Klaus Kluge
D 50667 Köln
authorized to jointly
represent the company
born: 05.03.1958
Member of
the Board of Directors:
Felix Rudloff
D 51063 Köln
authorized to jointly
represent the company
born: 14.05.1971
President of
the Supervisory Board:
Dr.rer.pol. Friedrich
Wehrle
Sprollstr. 22c
D 70597 Stuttgart
born: 26.02.1952
Profession: Fully
qualified merchant
Marital status: married
Vice-president
of the Supervisory Board:
Prof.Dr. Michael Nelles
Barkhovenallee 80d
D 45239 Essen
born: 14.02.1966
Marital status: married
Member of the
Supervisory Board:
Prof. Dr. Gordian Nepomuk
Hasselblatt
Hauptstr. 67
D 50996 Köln
born: 03.09.1961
Profession: Solicitor
Marital status: married
Proxy:
Bernd Winkens
D 51643 Gummersbach
authorized to jointly
represent the company
born: 06.01.1959
Proxy:
Kathrin Völker
D 45127 Essen
authorized to jointly
represent the company
born: 13.02.1969
Profession: Management
expert
Marital status: single
Proxy:
Marco Schneiders
D 51469 Bergisch Gladbach
authorized to jointly
represent the company
born: 19.11.1969
Proxy:
Marc Sieper
Gewerbestr. 19
D 58256 Ennepetal
authorized to jointly
represent the company
born: 02.02.1970
Proxy:
Mathias Siebel
Mainzer Str. 19
D 50678 Köln
authorized to jointly
represent the company
born: 10.09.1976
Proxy:
Andrea Ludorf
D 51371 Leverkusen
authorized to jointly represent
the company
born: 07.04.1976
Proxy:
Franz Starmanns
D 51427 Bergisch Gladbach
authorized to jointly
represent the company
born: 04.10.1969
Proxy:
Ricarda Witte-Masuhr
D 51519 Odenthal
authorized to jointly
represent the company
born: 02.09.1979
Proxy:
Rita Bollig
D 51063 Köln
authorized to jointly
represent the company
born: 05.11.1971
Proxy:
Barbara Fischer
D 51519 Odenthal
authorized to jointly represent
the company
born: 24.07.1959
Proxy:
Mario Giordano
D 51063 Köln
authorized to jointly
represent the company
born: 30.05.1963
Proxy:
Marco Kaselofsky
D 40699 Erkrath
authorized to jointly
represent the company
born: 13.01.1975
Proxy:
Sascha Heinen
Uerdinger Str. 62
D 47799 Krefeld
authorized to jointly
represent the company
born: 02.02.1977
Further
functions/participations of Klaus Kluge (Member of the
Board of
Directors)
Limited
partner:
Das Kind
Filmproduktion GmbH & Co. KG
Kronberger Str. 10
D 14193 Berlin
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 8,225.00
contribution:
Share: EUR 100.00
Registered
on: 24.01.2011
Reg.
data: 14057 Berlin, HRA 44806 B
1949 - 1954 Ilse Tormin
D 50667 Köln
Unregistered commercial
enterprise
1954 - 1973 Gustav
H. Lübbe
D 51427 Bergisch Gladbach
Sole proprietorship
01.10.1973 - 18.02.1983 BASTEI-VERLAG
Gustav H. Lübbe
D 50667 Köln
Limited partnership
18.02.1983 - 28.12.1999 BASTEI-VERLAG
Gustav H. Lübbe GmbH & Co.
Scheidtbachstr. 25-31
D 51469 Bergisch Gladbach
Ltd partnership with priv.
ltd. company as general partner
28.12.1999 - 20.01.2010 Verlagsgruppe
Lübbe GmbH & Co. KG
Scheidtbachstr. 25-31
D 51469 Bergisch Gladbach
Ltd partnership with priv.
ltd. company as general partner
20.01.2010 - 14.08.2013 Bastei
Lübbe GmbH & Co. KG
Schanzenstr. 6-20
D 51063 Köln
Ltd partnership with priv.
ltd. company as general partner
Main industrial sector
58110
Book publishing
5813
Publishing of newspapers
Branch:
Bastei Lübbe AG
Kornharpener Str. 126
D 44791 Bochum
TEL.: 0234/95987-0
FAX.: 0234/95987-49
Limited
partner:
Buch- und
Presse-Großvertrieb Hamburg
G.m.b.H. & Co. KG
Neuer Höltigbaum 2
D 22143 Hamburg
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 252,700.00
contribution:
Share: EUR 12,000.00
Reg. data: 18.03.1971
Local court
20355 Hamburg
HRA 69784
Limited
partner:
V.V. Vertriebsvereinigung
Berliner Zeitungs-
und
Zeitschriftengrossisten GmbH & Co.
Kommanditgesellschaft
Egelingzeile 6
D 12103 Berlin
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 110,000.00
contribution:
Share: EUR 1,100.00
Reg. data: 27.06.1967
Local court
14057 Berlin
HRA 2874 B
Limited
partner:
Das Kind Filmproduktion
GmbH & Co. KG
Kronberger Str. 10
D 14193 Berlin
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 8,225.00
contribution:
Share: EUR 500.00
Reg. data: 24.01.2011
Local court
14057 Berlin
HRA 44806 B
Shareholder:
Siebter Himmel Bastei
Lübbe GmbH
Brüsseler Str. 67
D 50672 Köln
Legal form: Private
limited company
Company Status: active
Share capital: EUR 55,000.00
Share: EUR 55,000.00
Reg. data: 23.12.1971
Local court
50939 Köln
HRB 45577
Shareholder:
PRÄSENTA PROMOTION
INTERNATIONAL GmbH
Konrad-Adenauer-Str.
72-74
D 42651 Solingen
Post Box:
10 13 21
Legal form: Private
limited company
Company Status: active
Share capital: EUR
105,010.00
Share: EUR 52,505.00
Reg. data: 04.09.1998
Local court
42103 Wuppertal
HRB 16138
Shareholder:
Ehrenwirth GmbH
An der Lohe 30
D 51465 Bergisch Gladbach
Legal form: Private
limited company
Company Status: in
liquidation
since: 08.01.2015
Share capital: EUR 26,000.00
Share: EUR 26,000.00
Reg. data: 18.12.2000
Local court
50939 Köln
HRB 47410
Shareholder:
Bastei Media GmbH
Erich-Kästner-Str. 1a
D 99094 Erfurt
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 24.08.2006
Local court
07745 Jena
HRB 500587
Shareholder:
Daedalic Entertainment
GmbH
Papenreye 51
D 22453 Hamburg
Legal form: Private
limited company
Company Status: active
Share capital: EUR 38,000.00
Share: EUR 19,380.00
Reg. data: 29.03.2007
Local court
20355 Hamburg
HRB 100606
Shareholder:
H PR Bild und Ton GmbH
Schanzenstr. 30
D 51063 Köln
Legal form: Private
limited company
Company Status:
active
Share capital: EUR 25,000.00
Share: EUR 6,250.00
Reg. data: 20.01.2014
Local court
50939 Köln
HRB 80469
Shareholder:
Presse-Vertrieb
Mecklenburg West Verwaltung
GmbH
Zittower Str. 3
D 19067 Leezen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 76,693.78
Share: EUR 1,533.88
Reg. data: 21.08.1991
Local court
19053 Schwerin
HRB 644
Shareholder:
Presse-Vertrieb Halle
Verwaltungs GmbH
Brehnaer Str. 14
D 06188 Landsberg
Legal form: Private
limited company
Company Status: active
Share capital: EUR 76,693.78
Share: EUR 1,533.88
Reg. data: 27.10.1992
Local court
39576 Stendal
HRB 204753
Payment experience: within
agreed terms
Negative information: We have no negative information at hand.
Balance sheet year: 2013/2014
Type of ownership: Tenant
Address Schanzenstr.
6-20
D 51063 Köln
Real Estate of: Felix Rudloff
Type of ownership: Tenant
Address
D 51063 Köln
Land register documents were not available.
Principal
bank
COMMERZBANK VORMALS DRESDNER BANK, 50450 KÖLN
Sort. code: 37080040
BIC: DRESDEFF370
Further
banks
KREISSPARKASSE KÖLN, 51469 BERGISCH GLADBACH
Sort. code: 37050299, Account no.: 0311008500
BIC: COKSDE33XXX, IBAN: DE65370502990311008500
DEUTSCHE BANK, 50587 KÖLN
Sort. code: 37070060, Account no.: 6301659
BIC: DEUTDEDKXXX, IBAN: DE12370700600630165900
POSTBANK,
51222 KÖLN
Sort. code: 37010050, Account no.: 9787502
BIC: PBNKDEFFXXX, IBAN: DE87370100500009787502
Turnover: 2012/2013 EUR 98,329,887.00
2013/2014 EUR 107,533,977.00
Profit: 2012/2013 EUR 7,283,051.00
2013/2014 EUR 7,560,764.00
further business figures:
Equipment: EUR 1,634,899.00
Ac/ts receivable: EUR 20,049,316.00
Liabilities: EUR 41,418,322.00
Employees:
288
-
thereof permanent staff: 288
Balance sheet ratios 01.04.2013 - 31.03.2014
Equity ratio [%]: 45.20
Liquidity ratio: 0.69
Return on total capital [%]: 9.46
Balance sheet grade: 2.2
Balance sheet ratios 01.04.2012 - 31.03.2013
Equity ratio [%]: 23.54
Liquidity ratio: 0.41
Return on total capital [%]: 9.51
Balance sheet grade: 2.8
Balance sheet ratios 01.04.2011 - 31.03.2012
Equity ratio [%]: 24.19
Liquidity ratio: 0.41
Return on total capital [%]: 9.16
Balance sheet grade: 2.8
Balance sheet ratios 01.04.2010 - 31.03.2011
Equity ratio [%]: 36.17
Liquidity ratio: 0.72
Return on total capital [%]: 13.68
Balance sheet grade: 2.1
Equity ratio
The equity ratio indicates the portion of the
equity as compared
to the total capital. The higher the equity
ratio, the better the
economic
stability (solvency) and thus the financial autonomy of
a company.
Liquidity
ratio
The liquidity ratio shows the proportion
between adjusted
receivables and net liabilities. The higher
the ratio, the lower
the
company's financial dependancy from external creditors.
Return on
total capital
The return on total capital shows the
efficiency and return on
the total capital employed in the company. The
higher the return
on total capital, the more economically does
the company work
with the invested capital.
Type of balance
sheet: Company balance sheet
Financial year: 01.04.2013 - 31.03.2014
ASSETS EUR 103,890,743.09
Fixed assets EUR 16,968,114.31
Intangible assets
EUR 10,125,315.18
Concessions, licences, rights
EUR 7,976,004.00
Goodwill
EUR 1,659,238.00
Advance payments for intang. assets
EUR 490,073.18
Tangible assets
EUR 2,776,273.01
Land / similar rights
EUR 1,105,019.00
Plant / machinery
EUR 32,806.00
Other
tangible assets / fixtures and
fittings
EUR 1,634,898.51
Advance payments made / construction
in progress
EUR 3,549.50
Financial assets
EUR 4,066,526.12
Shares in participations /
subsidiaries and the like
EUR 3,266,526.12
Shares in related companies
EUR 547,331.20
Shares in investee companies
EUR 2,719,194.92
Other loans EUR 800,000.00
Items between fixed assets and current
assets
EUR 25,451,447.94
Current assets
EUR 61,096,764.86
Stocks EUR 18,884,156.74
Raw materials, consumables and
supplies
EUR 277,267.13
Finished goods / work in progress
EUR 18,400,947.00
Advance payments made EUR 205,942.61
Accounts receivable
EUR 20,049,316.20
Trade debtors
EUR 14,526,576.66
Amounts due from related companies
EUR 388,125.99
Amounts due from investee companies
EUR 1,321,857.38
Other debtors and assets
EUR 3,812,756.17
Investments in current assets
EUR 10,000,000.00
Other investments
EUR 10,000,000.00
Liquid means
EUR 12,163,291.92
Remaining other assets
EUR 374,415.98
Accruals (assets)
EUR 374,415.98
LIABILITIES EUR 103,890,743.09
Shareholders' equity
EUR 47,868,265.10
Capital
EUR 13,249,700.00
Subscribed capital (share capital)
EUR 13,300,000.00
Other capital
EUR -50,300.00
Reserves
EUR 27,057,800.71
Capital reserves
EUR 27,007,500.71
Other / unspecified reserves
EUR 50,300.00
Balance sheet profit/loss (+/-)
EUR 7,560,764.39
Balance sheet profit / loss
EUR 7,560,764.39
Provisions
EUR 14,604,155.91
Provisions for taxes
EUR 2,539,728.07
Other / unspecified provisions
EUR 12,064,427.84
Liabilities
EUR 41,418,322.08
Financial debts
EUR 30,000,000.00
Loans / obligations / debentures
EUR 30,000,000.00
Other liabilities
EUR 11,418,322.08
Trade creditors (for IAS incl. bills
of exchange)
EUR 9,971,567.94
Liabilities due to shareholders
EUR 0.00
Unspecified other liabilities
EUR 1,446,754.14
thereof liabilities from tax /
financial authorities
EUR 288,139.48
thereof liabilities from social
security
EUR 0.00
Guarantees and other commitments
EUR 1,500,000.00
Guarantees / warranties
EUR 1,500,000.00
Guarantees
EUR 1,500,000.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 107,533,977.03
Inventory change + own costs (+/-)
EUR 1,066,463.45
Inventory change (+/-)
EUR 1,066,463.45
Other operating income
EUR 1,135,648.51
Cost of materials
EUR 49,064,279.61
Raw materials and supplies, purchased
goods
EUR 813,134.08
Purchased services
EUR 48,251,145.53
Gross result (+/-)
EUR 60,671,809.38
Staff expenses
EUR 19,355,487.81
Wages and salaries
EUR 16,523,568.78
Social security contributions and
expenses
for pension plans and
benefits
EUR 2,831,919.03
Total depreciation
EUR 1,998,880.78
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 1,998,880.78
Other operating expenses
EUR 24,706,243.28
Operating result from continuing
operations
EUR 14,611,197.51
Result from participating interests
(+/-)
EUR 400,140.52
Expenses / income from participations EUR 400,140.52
Income from related companies
EUR 400,140.52
Interest result (+/-)
EUR -2,075,023.28
Interest and similar income
EUR 69,324.38
thereof from related companies
EUR 29,102.42
Interest and similar expenses
EUR 2,144,347.66
Financial result (+/-)
EUR -1,674,882.76
Result from ordinary operations (+/-)
EUR 12,936,314.75
Extraordinary expenses
EUR 2,109,766.78
Extraordinary result (+/-)
EUR -2,109,766.78
Income
tax / refund of income tax (+/-)EUR
-3,286,648.87
Other taxes / refund of taxes
EUR 20,865.29
Tax (+/-)
EUR -3,265,783.58
Annual surplus / annual deficit
EUR 7,560,764.39
Type of balance
sheet: Company balance sheet
Financial year: 01.04.2012 - 31.03.2013
ASSETS EUR 78,391,344.63
Fixed assets
EUR 15,751,271.68
Intangible assets EUR 9,689,845.00
Concessions, licences, rights
EUR 7,891,728.84
Goodwill
EUR 1,784,471.16
Advance payments for intang. assets
EUR 13,645.00
Tangible assets
EUR 2,249,947.51
Land / similar rights
EUR 450,850.00
Plant / machinery
EUR 32,374.00
Other tangible assets / fixtures and
fittings EUR 1,766,723.51
Financial assets
EUR 3,811,479.17
Shares in participations /
subsidiaries and the like
EUR 3,011,479.17
Shares in related companies
EUR 542,284.25
Shares in investee companies
EUR 2,469,194.92
Other loans
EUR 800,000.00
Current assets
EUR 62,326,601.03
Stocks EUR 42,310,864.63
Raw materials, consumables and
supplies
EUR 353,408.67
Finished goods / work in progress
EUR 17,334,483.55
Advance payments made EUR 4,109,005.35
Other / unspecified stocks
EUR 20,513,967.06
Accounts receivable
EUR 19,937,182.62
Trade debtors
EUR 4,713,138.60
Amounts due from related companies
EUR 180,000.00
Amounts due from investee companies
EUR 44,127.70
Amounts due from affiliated companiesEUR 3,469.99
Other debtors and assets
EUR 14,996,446.33
Liquid means
EUR 78,553.78
Remaining other assets
EUR 313,471.92
Accruals (assets)
EUR 313,471.92
LIABILITIES EUR 78,391,344.63
Shareholders' equity
EUR 15,853,750.71
Capital
EUR 1,533,875.65
Limited partner's capital / capital
of partially liable partner (LP)
EUR 1,533,875.65
Reserves EUR 14,319,875.06
Items between shareholders' equity and
debt capital
EUR 81,000.00
Balancing items for capitalised own
shares in cos. acting as general
partners EUR 81,000.00
Provisions
EUR 9,566,996.88
Provisions for taxes
EUR 362,053.03
Other / unspecified provisions
EUR 9,204,943.85
Liabilities EUR 52,889,597.04
Financial debts
EUR 36,164,285.31
Liabilities due to banks
EUR 6,164,285.31
Loans / obligations / debentures
EUR 30,000,000.00
Other liabilities
EUR 16,725,311.73
Trade creditors (for IAS incl. bills
of exchange)
EUR 11,225,875.05
Liabilities due to shareholders
EUR 3,964,286.79
Unspecified
other liabilities EUR 1,535,149.89
thereof liabilities from tax /
financial authorities
EUR 270,910.56
thereof liabilities from social
security
EUR 447.52
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Sales
EUR 98,329,887.16
Inventory change + own costs (+/-)
EUR -1,339,025.35
Inventory change (+/-) EUR -1,339,025.35
Other operating income
EUR 627,988.32
Cost of materials
EUR 46,595,657.99
Raw materials and supplies, purchased
goods
EUR 996,386.74
Purchased services
EUR 45,599,271.25
Gross result (+/-)
EUR 51,023,192.14
Staff expenses
EUR 15,303,202.57
Wages and salaries EUR 13,067,487.52
Social security contributions and
expenses for pension plans and
benefits
EUR 2,235,715.05
Total depreciation
EUR 2,247,412.25
Depreciation
on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 2,247,412.25
Other operating expenses
EUR 23,619,125.31
Operating result from continuing
operations
EUR 9,853,452.01
Result from participating interests
(+/-)
EUR 1,076,395.51
Expenses / income from participations EUR 1,076,395.51
Income from related companies
EUR 1,076,395.51
Interest result (+/-)
EUR -2,108,043.88
Interest and similar income
EUR 37,743.83
Interest and similar expenses
EUR 2,145,787.71
Other financial result
EUR -100,000.00
Depreciation on financial assets and
marketable securities
EUR 100,000.00
Financial result (+/-)
EUR -1,131,648.37
Result from ordinary operations (+/-)
EUR 8,721,803.64
Income tax / refund of income tax (+/-)EUR -1,419,920.55
Other taxes / refund of taxes
EUR -18,832.19
Tax (+/-)
EUR -1,438,752.74
Annual surplus / annual deficit
EUR 7,283,050.90
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.75 |
|
|
1 |
Rs.94.60 |
|
Euro |
1 |
Rs.67.10 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.