|
Report No. : |
348597 |
|
Report Date : |
07.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
VILLARES METALS S/A |
|
|
|
|
Registered Office : |
Rua
Alfredo Dumont Villares, 155 Jardim Santa Carolina 13177-900 Sumaré/SP |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
31.03.2015 |
|
|
|
|
Date of Incorporation : |
31.12.1961 |
|
|
|
|
Legal Form : |
Privately held corporation |
|
|
|
|
Line of Business : |
Subject Is Engaged In Iron and Steel Foundry
Industry. |
|
|
|
|
No. of Employees : |
1517 |
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) |
|
Brazil |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
BRAZIL - ECONOMIC OVERVIEW
Characterized by large and well-developed agricultural, mining, manufacturing, and service sectors, and a rapidly expanding middle class, Brazil's economy outweighs that of all other South American countries, and Brazil is expanding its presence in world markets. Since 2003, Brazil has steadily improved its macroeconomic stability, building up foreign reserves, and reducing its debt profile by shifting its debt burden toward real denominated and domestically held instruments. Since 2008, Brazil became a net external creditor and all three of the major ratings agencies awarded investment grade status to its debt.
After strong growth in 2007 and 2008, the onset of the global financial crisis hit Brazil in 2008. Brazil experienced two quarters of recession, as global demand for Brazil's commodity-based exports dwindled and external credit dried up. However, Brazil was one of the first emerging markets to begin a recovery. In 2010, consumer and investor confidence revived and GDP growth reached 7.5%, the highest growth rate in the past 25 years. GDP growth has slowed since 2011, due to several factors, including: overdependence on exports of raw commodities, low productivity, high operational costs, persistently high inflation, and low levels of investment. After reaching historic lows of 4.5% in early 2014, the unemployment rate remains low, but is rising. Brazil's traditionally high level of income inequality has declined for each of the last 15 years.
Brazil’s fiscal and current account balances have eroded during the past four years as the government attempted to boost economic growth through targeted tax cuts for industry and incentives to spur household consumption. After winning reelection in October 2014 by a historically narrow margin, President Dilma ROUSSEFF appointed a new economic team led by Finance Minister Joaquim LEVY, who introduced a fiscal austerity package intended to restore the primary account surplus to 1.2% of GDP and preserve the country's investment-grade sovereign credit rating.
Brazil seeks to strengthen its workforce and its economy over the long run by imposing local content and technology transfer requirements on foreign businesses, by investing in education through social programs such as Bolsa Familia and the Brazil Science Mobility Program, and by investing in research in the areas of space, nanotechnology, healthcare, and energy.
|
Source
: CIA |
VILLARES METALS S/A
ADDRESSES
|
|
MAIN ADDRESS: |
RUA
ALFREDO DUMONT VILLARES, 155 JARDIM SANTA CAROLINA |
|
ZIP
CODE/CITY: |
13177-900
- SUMARÉ/SP |
|
|
|
|
PHONE: |
19
3303-8000 |
|
FAX: |
19
3303-8164 |
|
E-MAIL: |
eder.dallorto@villaresmetals.com.br |
|
WEB
SITE: |
www.villaresmetals.com.br |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
RUA
ALFREDO DUMONT VILLARES, 155 - JARDIM SANTA CAROLINA |
|
ZIP
CODE/CITY: |
13178-902
SUMARÉ/SP |
|
PHONE: |
19
3303-8000 |
|
FAX: |
19
3303-8696 |
|
CNPJ: |
42.566.752/0004-07 |
|
STATE
REGISTER: |
671.087.638.111 |
|
|
|
|
ADDRESS: |
RUA
PADRE MADUREIRA, 431 - ÁRVORE GRANDE |
|
ZIP
CODE/CITY: |
18013-210
SOROCABA/SP |
|
PHONE: |
15
4009-9301 |
|
FAX: |
15
4009-9459 |
|
CNPJ: |
42.566.752/0006-79 |
|
STATE
REGISTER: |
669.259.259.110 |
|
|
|
|
ADDRESS: |
RUA
ALFREDO DUMONT VILLARES, 155 - JARDIM SANTA CAROLINA |
|
ZIP
CODE/CITY: |
13177-900
SUMARÉ/SP |
|
PHONE: |
0800-7070577 |
|
REPRESENTATIVE
OFFICES: BELO
HORIZONTE/MG FAX: 31 3444-5257 CELLULAR:
31 9982-2140 CAMPINAS/SP FAX: 19 3227-7079 CELLULAR:
19 9773-1064/9211-6417 CURITIBA/PR FAX: 41 3585-2000 CELLULAR:
41 9972-3421 PORTO
ALEGRE/RS FAX: 51
3241-3250 CELLULAR: 51 9968-6913 JOINVILLE/SC FAX: 47
3455-2056 CELLULAR:
47 9984-3289 RIO
DE JANEIRO/RJ FAX: 21 2481-1697 CELLULAR:
21 9966-7223 SÃO
PAULO/SP FAX: 11 4238-6495 CELLULAR:
11 8181-9138 CAXIAS
DO SUL/RS FAX: 54 3211-0046 CELLULAR: 54 8121-6999 FOREIGN TRADE OFFICE: BUENOS AIRES/ARGENTINA LAVALLE,
643 - 3º PISO - OFICINA "H" PHONE:
54-11-4322-7882 FAX: 54-11-4322-2210 |
LEGAL
DATA
|
|
MAIN ACTIVITIES: |
|
IRON AND STEEL FOUNDRY INDUSTRY. |
|
LEGAL FORM: |
PRIVATELY HELD
CORPORATION |
|
|
|
|
INCORPORATION
DATE: |
31/12/1961 |
|
REGISTER
DATE: |
31/12/1961 |
|
BALANCE
SHEET FILING DATE: |
31/03 |
|
TAX
CONTRIBUTOR NUMBER(CNPJ): |
42.566.752/0001-64 |
|
STATE
REGISTER: |
671.208.310.111 |
|
|
|
|
SHARE
CAPITAL: |
R$
438.876.666,86 |
|
LAST
REGISTER OF CAPITAL: |
31/10/2005 |
|
BOARD OF DIRECTORS: |
|
|
|
|
|
ARMIN
ANDREAS WUZELLA |
PRESIDENT
DIRECTOR |
|
MICHAEL
WALTER |
FINANCIAL
DIRECTOR |
|
MARCELO
DE ABREU MARINZEK |
DIRECTOR |
AUTHORIZED
USE OF SIGNATURE:
|
|
THE DIRECTORS ARE AUTHORIZED TO SIGN ON BEHALF OF
THE COMPANY. |
|
SHAREHOLDERS / PARTNERS: |
|
|
|
|
|
VOESTALPINE
EDELSTAHL GMBH |
99,99% |
|
BOLDRINI
E CIA LTDA |
0,01% |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
NOT
AVAILABLE |
|
COMPANY'S
BACKGROUND:
|
|
THE SUBJECT WAS ESTABLISHED ON OCTOBER 31, 1961 TO BE
ENGAGED IN THE SAID LINE OF BUSINESS AND UP TO DATE IT IS STILL OPERATING
WITHIN THE GENERAL SCENE REPORTED HEREIN. ON FEBRUARY 10, 1992 SUBJECT CHANGED ITS CORPORATE
NAME FROM ELETROMETAL METAIS ESPECIAIS LTDA. TO ELETROMETAL S/A METAIS
ESPECIAIS. FOLLOWING THIS ON JANUARY 30, 1996 THE SUBJECT ADOPTED THE PRESENT
REGISTERED NAME. ON DECEMBER 23, 2003 THE CONTROLLER AÇOS VILLARES
S.A. SIGNED WITH BÖLER-UDDEHOLM AG, COMPANY HEADQUARTERED IN VIEN, AUSTRIA,
AN INVESTMENT AGREEMENT WHICH, UPON COMPLETED SOME REQUIREMENTS, WILL RESULT
IN THE TRANSFERENCE OF SUBJECT'S CONTROLLING SHAREHOLDING TO THAT COMPANY.
THE OPERATION WILL BE CARRIED OUT THROUGH THE INCREASE OF SUBJECT'S SHARE
CAPITAL, TO BE PAID-UP BY BÖHLER. THE RESOURCES OF THE CAPITAL INCREASE, IN THE
AMOUNT OF R$ 217.348.000,00, AND CONTINGENCY PRICE ADJUSTMENT BY INVESTMENTS
AND WORKING CAPITAL, WILL BE USED TO PAY TO THE CURRENT CONTROLLER ACOS
VILLARES S.A., BY THE ASSUMPTION OF ALL SUBJECT'S FINANCIAL LIABILITIES. BÖHLER-UDDEHOLM AG IS ONE OF THE LARGEST PRODUCERS
OF HIGH ALLOY STEEL, AND WORLD LEADER IN STEEL-TOOLING. FURTHER DETAILS ABOUT THE SUBJECT'S HISTORY ARE SO
FAR NOT KNOWN. |
PUBLIC
INFORMATION:
|
|
PROTESTS: |
|
1 PROTEST,TOTAL AMOUNT R$ 3.809,05 |
|
DETAILS
OF LATEST PROTESTS: |
|
NOTARY
OFFICE: |
DATE: |
VALUE: |
|
3º
CARTÓRIO DE SC-JOINVILLE |
30/10/2015 |
R$
3.809,05 |
|
LAWSUITS: |
|
|
|
|
DATE: |
COURT
OF LAW: |
|
2 |
STATE
LAWSUITS |
05/06/14 |
VARA
DE SP-SUMARÉ |
FINANCIAL
INFORMATION:
|
|
GENERAL BALANCE SHEETS AS OF 31/03/2015, 31/03/2014
AND 31/03/2013. |
|
( FIGURES ARE IN THOUSANDS OF REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/03/2015 |
31/03/2014 |
31/03/2013 |
|
|
|
|
|
|
CASH
AND BANKS |
9.904 |
21.219 |
49.768 |
|
CLIENTS |
141.533 |
127.307 |
171.502 |
|
INVENTORY |
306.647 |
268.982 |
213.964 |
|
RECOVERABLE
TAXES |
9.260 |
9.405 |
8.969 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL
CURRENT ASSETS |
467.344 |
426.913 |
444.203 |
|
LONG-TERM RECEIVABLES: |
|
|
|
|
|
|
|
|
|
RECOVERABLE
TAXES |
5.316 |
6.405 |
6.514 |
|
DEFERRED
TAXES |
6.367 |
10.913 |
15.208 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL
LONG-TERM RECEIVABLES |
11.683 |
17.318 |
21.722 |
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
INVESTMENTS |
14.395 |
13.266 |
11.993 |
|
FIXED
ASSETS |
532.675 |
531.995 |
521.151 |
|
INTANGIBLE |
8.341 |
12.857 |
13.329 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL
FIXED ASSETS |
555.411 |
558.118 |
546.473 |
|
|
================ |
================ |
================ |
|
TOTAL
ASSETS |
1.034.438 |
1.002.349 |
1.012.398 |
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/03/2015 |
31/03/2014 |
31/03/2013 |
|
|
|
|
|
|
LOANS
AND FINANCING |
138.873 |
105.861 |
13.688 |
|
SUPPLIERS |
224.391 |
189.461 |
182.806 |
|
TAXES
& CONTRIBUTIONS |
1.791 |
2.724 |
12.939 |
|
LABOR
OBLIGATIONS |
31.920 |
31.573 |
25.786 |
|
DIVIDENDS |
104 |
120 |
14.025 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL
CURRENT LIABILITIES |
397.079 |
329.739 |
249.244 |
|
LONG TERM LIABILITIES: |
|
|
|
|
|
|
|
|
|
LOANS
AND FINANCING |
100.288 |
138.520 |
240.128 |
|
PROVISION
FOR CONTINGENCIES |
5.961 |
5.318 |
5.603 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL
LONG TERM LIABILITIES |
106.249 |
143.838 |
245.731 |
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE
CAPITAL |
438.877 |
438.877 |
438.877 |
|
CAPITAL
RESERVES |
4.918 |
3.672 |
3.672 |
|
LEGAL
RESERVES |
25.588 |
25.040 |
24.411 |
|
OTHER
COMPREHENSIVE INCOME |
1.003 |
-360 |
-2.748 |
|
PROFIT
RESERVES |
60.724 |
61.543 |
53.211 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL
NET EQUITY |
531.110 |
528.772 |
517.423 |
|
|
================ |
================ |
================ |
|
TOTAL
LIABILITIES |
1.034.438 |
1.002.349 |
1.012.398 |
|
PROFIT AND LOSS ACCOUNTS AS OF 31/03/2015,
31/03/2014 AND 31/03/2013. |
|
( FIGURES ARE IN THOUSANDS OF REAIS ). |
|
|
31/03/2015 |
31/03/2014 |
31/03/2013 |
|
|
|
|
|
|
NET
SALES |
914.970 |
827.741 |
794.658 |
|
(-)
COST OF SOLD GOODS |
744.174 |
659.291 |
634.499 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS
PROFIT |
170.796 |
168.450 |
160.159 |
|
OPERATING
REVENUE (EXPENSE) |
-136.586 |
-171.907 |
-111.626 |
|
FINANCIAL
REVENUE(EXPENSE) |
-16.930 |
20.333 |
-13.098 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL
PROFIT (LOSS) |
17.280 |
16.876 |
35.435 |
|
CONTRIBUTION/INCOME
TAX |
-6.321 |
-4.295 |
-8.427 |
|
|
---------------- |
---------------- |
---------------- |
|
NET
PROFIT (LOSS) |
10.959 |
12.581 |
27.008 |
|
RATIOS: |
31/03/2015 |
31/03/2014 |
31/03/2013 |
|
QUICK
RATIO |
,40 |
|
,48 |
|
,92 |
|
|
CURRENT
RATIO |
1,18 |
|
1,29 |
|
1,78 |
|
|
ACCOUNTS
RECEIVABLE TURNOVER |
6,46 |
TIMES |
6,50 |
TIMES |
4,63 |
TIMES |
|
DAYS'
SALES IN RECEIVABLES |
55,69 |
DAYS |
55,37 |
DAYS |
77,69 |
DAYS |
|
INVENTORY
TURNOVER |
2,43 |
TIMES |
2,45 |
TIMES |
2,97 |
TIMES |
|
ACCOUNTS
PAYABLE PERIOD |
108,55 |
DAYS |
103,45 |
DAYS |
103,72 |
DAYS |
|
RETURN
ON ASSETS |
,88 |
TIMES |
,83 |
TIMES |
,78 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
1,72 |
TIMES |
1,57 |
TIMES |
1,54 |
TIMES |
|
NET
WORTH TIE-UP |
1,00 |
|
1,01 |
|
1,01 |
|
|
INDEBTEDNESS |
,95 |
|
,90 |
|
,96 |
|
|
EQUITY
RATIO |
51,34 |
% |
52,75 |
% |
51,11 |
% |
|
WORKING
CAPITAL RATIO |
17,70 |
% |
29,47 |
% |
78,22 |
% |
|
GENERAL
SOLVENCY |
2,06 |
|
2,12 |
|
2,05 |
|
|
RETURN
ON NET EQUITY |
2,06 |
% |
2,38 |
% |
5,22 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
1,20 |
% |
1,52 |
% |
3,40 |
% |
|
GROSS
PROFIT MARGIN |
18,67 |
% |
20,35 |
% |
20,15 |
% |
|
OPERATIONAL
RESULT |
1,89 |
% |
2,04 |
% |
4,46 |
% |
|
SALES
TURNOVER ON LIABILITIES |
2,30 |
TIMES |
2,51 |
TIMES |
3,19 |
TIMES |
|
FOREIGN
CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN
CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$
1,00 = R$ 3,76 |
- OFFICIAL RATE ON 04/11/2015 |
|
US$
1,00 = R$ 3,20 |
- OFFICIAL RATE ON 31/03/2015 |
|
US$
1,00 = R$ 2,26 |
- OFFICIAL RATE ON 31/03/2014 |
|
US$
1,00 = R$ 2,01 |
- OFFICIAL RATE ON 31/03/2013 |
|
COMMENTS ON
THE FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL
RATIOS THE FIGURES AVAILABLE SHOW A SATISFACTORY FINANCIAL STANDING.
THE LEVEL OF INDEBTEDNESS IS SOMEHOW HIGH BUT IT IS NOTED NORMAL CURRENT
RATIO AND POSITIVE WORKING CAPITAL AMOUNT. IN ADDITION IT SHOWS GROWING SALES
AND MADE PROFIT. REMARKS: IN SEPTEMBER 2008 THE SUBJECT ALTERED ITS FISCAL YEAR
FROM DECEMBER 31 TO MARCH 31 OF EACH YEAR. |
|
REAL ESTATE: |
OWNED PREMISES ARE VALUED AT R$
69.959.000,00
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$
4.739.000,00
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS ARE
VALUED AT R$ 492.096.000,00
INSURANCE
|
|
NOT
AVAILABLE |
|
INSURANCE
COMPANY: |
NOT
AVAILABLE |
|
COVERAGE: |
FIRE, CIVIL LIABILITY, THEFT AND OTHERS |
|
VALUE: |
R$
1.005.000.000,00 |
BANKING
REFERENCES
|
|
|
BRANCH/PHONE: |
CITY: |
|
BANCO
SANTANDER (BRASIL) S/A |
11
3012-7037 |
SÃO
PAULO/SP |
|
BANCO
DO BRASIL S/A |
11
2128-7226 |
SÃO
PAULO/SP |
|
BANCO
BRADESCO S/A |
11
2178-4148 |
SÃO
BERNARDO DO CAMPO/SP |
|
REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO
PROVIDE INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS
LAW PROHIBITION WE ARE UNABLE TO PROVIDE ANY BANKING DETAILS. ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL
REPORT, THE COMPANY HAS NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF
"CIRCULAR 1682 BRAZILIAN CENTRAL BANK"). DATE RESEARCHED NOVEMBER
04, 2015. |
ACTIVITIES
COMMENTS
|
|
SUBJECT IS ENGAGED IN IRON AND STEEL FOUNDRY
INDUSTRY. |
|
IMPORT AND EXPORT: |
IMPORTS FROM:
|
UNITED STATES, CHILE, AUSTRIA, GERMANY AND SWITZERLAND. |
EXPORTS TO:
|
UNITED STATES, ARGENTINA, ITALY AND HOLLAND. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC CLIENTS: |
CITY: |
PHONE: |
|
AÇOS
TREFITA LTDA |
SÃO
PAULO/SP |
11
2795-2555 |
|
ARMCO
BRASIL S/A |
SÃO
PAULO/SP |
11
6915-2600 |
|
CARBINOX
IND. E COM. LTDA |
MOGI
DAS CRUZES/SP |
11
4795-9000 |
|
DORMER |
SÃO
PAULO/SP |
11
5660-3034 |
|
EATON
CORPORATION BRASIL |
SÃO
JOSÉ DOS CAMPOS/SP |
12
3331-3233 |
|
JATI-SERVIÇOS
COM. E IMP. DE AÇOS LTDA |
SÃO
PAULO/SP |
11
2172-0405 |
|
SALGUEIRO
IND. E COM. DE AÇO LTDA |
SÃO
PAULO/SP |
11
2274-0133 |
|
SIFCO
S/A |
JUNDIAÍ/SP |
11
7398-1500 |
|
TAURUS
SL |
PORTO
ALEGRE/RS |
51
3021-3000 |
|
TRW
BRASIL S/A |
SANTO
ANDRÉ/SP |
11
3416-4400 |
|
VETCO
GRAY |
JANDIRA/SP |
11
4772-3300 |
|
WELLSTREAM
DO BRASIL INDÚSTRIA E SERVIÇOS |
RIO
DE JANEIRO/RJ |
21
2107-6500 |
|
FOREIGN CLIENTS: |
COUNTRY: |
|
|
EATON |
ITALY |
|
|
OH
& R/TIMKEN |
UNITED
STATES |
|
|
STELL
INDUSTRIA |
UNITED
STATES |
|
|
STAFF: |
|
|
|
THE COMPANY HAS: 1517 EMPLOYEE(S) |
CONCEPT
AND FULFILMENT
|
|
THE SUBJECT IS A WELL-ESTABLISHED AND LARGE-SIZED
COMPANY. IT BELONGS TO AN IMPORTANT INDUSTRIAL GROUP AND OPERATES WITH A
GROWING SCALE OF ACTIVITIES AND AN EXCELLENT REPUTATION. THE COMPANY HAS TRADE RELATIONS WITH SEVERAL SUPPLIERS
IN BRAZIL. THE SUPPLIERS EXTEND CREDIT FACILITIES TO THE SUBJECT IN TERMS AND
AMOUNTS ACCORDING TO THE COMPANY'S NEEDS AND SO FAR NO PAYMENT PROBLEMS ARE
NOTED. MOST OF THE SUPPLIERS WHICH PROVIDED INFORMATION
REPORTED PROMPT PAYMENTS, THUS THE SUBJECT HAS A GOOD PAYMENT RECORD. THE LAWSUITS REPORTED ARE NOT RELATED WITH TRADE
DEBTS. THEY ARE RELATED TO TAX DEBTS THAT FOR ANY REASON THE COMPANY HAS NOT
YET PAID. NEVERTHELESS WE POINT OUT THAT THE SAID LAWSUITS DO NOT AFFECT THE
COMPANY'S TRADE REPUTATION. THE PROTEST IS IRRELEVANT. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC SUPPLIERS: |
|
PHONE: |
|
CIA
BRASILEIRA DE PETRÓLEO IPIRANGA |
|
19
3874-1538 |
|
CIA
DE FERRO LIGAS DA BAHIA - FERBASA |
POJUCA/BA |
71
3645-8740 |
|
CIA
DE GÁS DE SÃO PAULO - COMGAS |
CAMPINAS/SP |
19
3797-9750 |
|
CIA
NIQUEL TOCANTINS |
|
11
6956-8600 |
|
COLETTI
COM. SUCATAS DE FERRO E AÇOS LTDA |
|
19
3433-4897 |
|
CPFL
COMERCIALIZAÇÃO BRASIL LTDA |
CAMPINAS/SP |
19
3756-8936 |
|
SUPERGÁSBRAS
DISTRIBUIDORA DE GAZ S/A |
|
19
3874-2464 |
|
VOTORANTIM
METAIS NIQUEL S.A |
SÃO
PAULO/SP |
11
2159-3116 |
|
WHITE
MARTINS GASES INDUSTRIAIS S/A |
|
12
3232-4666 |
|
FOREIGN SUPPLIERS: |
COUNTRY: |
|
|
CODELCO |
CHILE |
|
|
CORPORACION
NACIONAL DEL COBRE DE CHILE - CODELCO |
SANTIAGO,
CHILE |
(562)
690-3000 |
|
CRONIMET
FERROLEGIERRUNGEN GMBH |
GERMANY |
+49
721 95225-0 |
|
GLENCORE
INTERNATIONAL AG - RIO DE JANEIRO |
BAAR,
SWITZERLAND |
21
3873-3304 |
|
INTERALLOYS
TRADING AND BUSINESS |
AUSTRIA |
+43
1 504-0651 |
|
MOLIBDENOS
Y METALES S/A - MOLYMET |
SANTIAGO,
CHILE |
56-2
3683632 |
|
PAYMENT HISTORY: |
|
18
SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 5.394.327,00 |
|
|
|
AMOUNT
OF INVOICES PAID: 112 |
|
TOTAL
OF PROMPT PAYMENTS: 93,9% |
|
TOTAL
OF DELAYED PAYMENTS: 6,1% |
|
|
|
HIGHEST
INVOICE: R$ 125.000,00 |
|
HIGHEST
CREDIT: R$ 125.000,00 |
|
|
|
OUTSTANDING
INVOICES DUE WITHIN THE NEXT 30 DAYS: |
|
--------------------------- |
SUPPLIERS: |
INVOICES: |
TOTAL AMOUNT: |
|
DUE
WITHIN 30 DAYS |
1 |
4 |
R$
9.929,00 |
FINAL
OPINION
|
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN
BUSINESS FOR SEVERAL YEARS. IT SHOWS SATISFACTORY FINANCIAL STANDING BUT THE COMPANY
KEEPS OPERATING NORMALLY AND KEEPS MEETING ITS TRADE AND FINANCIAL
COMMITMENTS PROPERLY. BASED ON THE OVERALL INFORMATION AVAILABLE THE
SUBJECT MAY BE CONSIDERED FOR NORMAL TRADE COMMITMENTS. CREDIT FACILITIES ARE
STILL ADVISABLE WITHIN TERMS AND AMOUNTS ADEQUATE TO THE SUBJECT'S SCALE OF
BUSINESS. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.79 |
|
UK Pound |
1 |
Rs.99.95 |
|
Euro |
1 |
Rs.71.55 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
TRU |
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.