|
Report No. : |
348944 |
|
Report Date : |
16.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
FUGA COUROS S/A |
|
|
|
|
Registered Office : |
Rua Jose Fuga,1155 Caixa Postal 54 - Constante Fuga 99150-000 -
Marau/Rs |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
17.09.1947 |
|
|
|
|
Legal Form : |
Privately Held Corporation |
|
|
|
|
Line of Business : |
Tannery and improvement of leather |
|
|
|
|
No. of Employee : |
1043 |
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 : |
Good |
|
|
|
|
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 |
FUGA
COUROS S/A
ADDRESSES |
|
MAIN ADDRESS: |
RUA JOSE FUGA,1155 CAIXA POSTAL 54 - CONSTANTE FUGA |
|
ZIP CODE/CITY: |
99150-000 - MARAU/RS |
|
|
|
|
PHONE: |
54 3342-3277 |
|
FAX: |
54 3342-3394 |
|
E-MAIL: |
paulom@fuga-couros.com.br |
|
WEB SITE: |
www.fugacouros.com.br |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
RODOVIA BR 153, KM 1.323,5,0 FAZENDA SÃO GERMANO - ZONA RURAL |
|
ZIP CODE/CITY: |
75310-000 HIDROLÂNDIA/GO |
|
PHONE: |
62 3553-1400 |
|
|
|
|
ADDRESS: |
AVENIDA CORONEL F LINK,1049 - PÁTRIA NOVA |
|
ZIP CODE/CITY: |
93336-002 NOVO HAMBURGO/RS |
|
PHONE: |
51 4009-4077 |
|
FAX: |
51 3595-4400 |
|
|
|
|
ADDRESS: |
RODOVIA VITÓRIO PRADI, KM,1 |
|
ZIP CODE/CITY: |
15700-000 JALES/SP |
|
PHONE: |
17 3624-3090 |
|
FAX: |
17 3624-3099 |
LEGAL DATA
|
|
MAIN ACTIVITIES: |
|
TANNERY AND IMPROVEMENT OF LEATHER. |
|
LEGAL FORM: |
PRIVATELY
HELD CORPORATION |
|
|
|
|
INCORPORATION DATE: |
17/09/1947 |
|
REGISTER DATE: |
17/09/1947 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
91.302.349/0001-33 |
|
STATE REGISTER: |
075/0000821 |
|
|
|
|
SHARE CAPITAL: |
R$ 62.629.469,00 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
CONSTANTE CAETANO FUGA |
PRESIDENT DIRECTOR |
|
IEDO CLAUDINO FUGA |
DIRECTOR |
|
LUIS EDUARDO FUGA |
DIRECTOR |
|
PATRICIA FUGA BEBBER |
DIRECTOR |
|
IVANOR ANTONIO BENEDETTI |
DIRECTOR |
|
PAULO S. MAGNABOSCO |
DIRECTOR |
AUTHORIZED USE OF SIGNATURE
|
|
THE DIRECTORS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
CONSTANTE CAETANO FUGA |
0,3592% |
|
IEDO FUGA JUNIOR |
0,4683% |
|
FUGA PARTICIPAÇÕES LTDA |
52,2702% |
|
MAGNABOSCO S/A ADM. E PARTICIP. |
11,2192% |
|
IVANOR ANTONIO BENEDETTI |
7,8105% |
|
PAULO SÉRGIO MAGNABOSCO |
5,0253% |
|
LUIS EDUARDO FUGA |
3,7853% |
|
LADI LAMAR PILATTI |
3,0471% |
|
HEVERTON FUGA |
2,6957% |
|
HUMBERTO FUGA |
2,6956% |
|
RODRIGO FUGA |
2,6956% |
|
FABRICIO FUGA |
2,2575% |
|
PATRÍCIA FUGA BEBBER |
2,2411% |
|
IEDO CLAUDINO FUGA |
0,6014% |
|
ANA RITA ORTOLAN FUGA |
0,5285% |
|
CARLOS BORDIN |
0,0152% |
|
JULIANA FUGA |
0,2796% |
|
JOSÉ GUSTAVO FUGA |
0,2796% |
|
PAULO JOSÉ FUGA |
0,4682% |
|
ANGELO DONZELLI |
0,4411% |
|
ANDRÉ BENEDETTI |
0,4079% |
|
ROBERTA BENEDETTI |
0,4079% |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
SEBO VÁRZEA GRANDE LTDA |
98,00% |
|
SEBO JALES IND E COM DE PRODUTOS ANIMAIS LTDA |
98,00% |
|
AGROPECUÁRIA FUGA LTDA |
99,99% |
|
FUGA PANORAMA INDUSTRIAL LTDA |
50,00% |
COMPANY'S BACKGROUND
|
|
IN SEPTEMBER 1947, A GROUP OF BUSINESSMAN, LED BY ENTREPRENEUR JOSÉ
FUGA, STARTED THE TANNERY CURTUME MARAUENSE LTDA, IN THE SMALL TOWN OF MARAU/RS
(STATE OF RIO GRANDE DO SUL, SOUTH BRAZIL). THIS WAS THE BEGINNING OF WHAT
NOW HAS BECOME THE GROUP OF FUGA COUROS S/A. IN THOSE DAYS, 20 PIGSKINS WERE TANNED PER DAY. SEVEN YEARS LATER, IN
1955, THE TANNERY MADE ITS FIRST EXPORT SALE TO THE U.S.A. THEREAFTER ITS
GROWTH WAS CONSTANT AND EVER INCREASING, BOOSTED BY THE PROCESSING OF
COWHIDES. IN 1960 THE COMPANY CHANGED ITS NAME TO CURTUME MAURAUENSE S/A. AND IN
1989 TO FUGA COURO S/A. TODAY THE FUGA COUROS S/A GROUP TRADES IN VARIOUS WORLD MARKETS,
PARTICIPATING AT THE MAIN INTERNATIONAL TRADE FAIRS LIKE MIAMI, BOLOGNA, HONG
KONG AND LEON AMONG OTHERS, IN ADDITION TO MOST LEATHERS FAIRS IN BRAZIL. THE
GROUP HAS ALSO EXPANDED TO OTHERS ACTIVITIES LIKE CATTLE BREEDING,
SLAUGHTERHOUSES AND PROCESSING OF BY-PRODUCTS LIKE OFFAL'S ETC. IN 2009 A SPLIT-UP OCCURRED WITH MOST PART OF THE SPLIT ASSETS OF THE
SUBSIDIARY FUGA COUROS JALES LTDA BEING TRANSFERRED TO FUGA COUROS S/A, WHICH
WILL TAKE OVER THE FUGA COUROS JALES LTDA'S OPERATIONAL ACTIVITIES AND EMPLOYEES. THE STREET NAME HAS CHANGED FROM (VILA CONSTANTE FUGA, 297) TO THE
ABOVE-MENTIONED ONE. FURTHER DETAILS ABOUT THE SUBJECT'S HISTORY ARE SO FAR NOT KNOWN. |
|
PUBLIC
INFORMATION: |
|
NO DETRIMENTAL FILES WERE FOUND. |
FINANCIAL INFORMATION
|
|
GENERAL BALANCE SHEETS AS OF 31/12/2014, 31/12/2013 AND 31/12/2012. |
|
( FIGURES ARE IN REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
CASH AND BANKS |
3.501.607,00 |
1.239.957,00 |
32.605.716,00 |
|
CLIENTS |
65.067.423,00 |
52.147.804,00 |
44.845.708,00 |
|
INVENTORY |
62.196.616,00 |
51.621.547,00 |
39.827.123,00 |
|
ADVANCE TO SUPPLIERS |
6.370.273,00 |
8.337.588,00 |
9.160.528,00 |
|
RECOVERABLE TAXES |
11.759.240,00 |
10.280.758,00 |
6.671.578,00 |
|
ADVANCE TO EMPLOYEES |
146.939,00 |
131.005,00 |
46.390,00 |
|
OTHER |
182.862,00 |
54.174,00 |
187.980,00 |
|
PREPAID EXPENSES |
1.020.511,00 |
1.099.018,00 |
45.157,00 |
|
CREDIT WITH RELATED PARTIES |
|
300.000,00 |
727.209,00 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT ASSETS |
150.245.471,00 |
125.211.851,00 |
134.117.389,00 |
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
JUDICIAL DEPOSITS |
2.244.713,00 |
411.751,00 |
300.594,00 |
|
OTHER CREDITS |
16.132,00 |
16.132,00 |
16.132,00 |
|
RECOVERABLE TAXES |
1.201.732,00 |
1.275.852,00 |
354.558,00 |
|
INVESTMENTS |
527,00 |
527,00 |
75.654,00 |
|
DEFERRED TAXES |
10.360.166,00 |
10.227.409,00 |
11.002.006,00 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG-TERM RECEIVABLES |
13.823.270,00 |
11.931.671,00 |
11.748.944,00 |
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
INVESTMENTS |
214.434.854,00 |
190.683.008,00 |
164.166.245,00 |
|
FIXED ASSETS |
54.851.631,00 |
54.092.253,00 |
50.397.588,00 |
|
INTANGIBLE |
334.731,00 |
120.575,00 |
58.054,00 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL FIXED ASSETS |
269.621.216,00 |
244.895.836,00 |
214.621.887,00 |
|
|
================ |
================ |
================ |
|
TOTAL ASSETS |
433.689.957,00 |
382.039.358,00 |
360.488.220,00 |
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
SUPPLIERS |
14.155.173,00 |
12.501.584,00 |
11.360.396,00 |
|
ADVANCE TO EXCHANGE CONTRACT |
94.873.867,00 |
55.973.463,00 |
39.957.708,00 |
|
LABOR OBLIGATIONS |
5.002.269,00 |
4.394.592,00 |
3.344.332,00 |
|
REPRESENTATIVES |
3.240.508,00 |
2.288.068,00 |
629.213,00 |
|
ACCOUNTS PAYABLE |
447.913,00 |
345.550,00 |
226.321,00 |
|
OTHER |
1.120.175,00 |
122.874,00 |
219.843,00 |
|
CHECKS TO COMPENSATE |
931.756,00 |
41.690,00 |
|
|
FINANCING |
2.959.527,00 |
20.245.852,00 |
31.843.598,00 |
|
INCOME TAX/SOCIAL CONTRIBUTION |
166.340,00 |
496.786,00 |
1.524.216,00 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT LIABILITIES |
122.897.528,00 |
96.410.459,00 |
89.105.627,00 |
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
PROVISION FOR CONTINGENCIES |
915.127,00 |
700.232,00 |
729.323,00 |
|
FINANCING |
18.259.766,00 |
22.305.907,00 |
33.716.205,00 |
|
TAXES AND CONTRIBUTIONS |
5.272,00 |
5.272,00 |
754.902,00 |
|
ACCOUNTS PAYABLE |
387.000,00 |
387.000,00 |
387.000,00 |
|
DEFERRED TAXES |
3.376.401,00 |
3.426.948,00 |
3.483.176,00 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG TERM LIABILITIES |
22.943.566,00 |
26.825.359,00 |
39.070.606,00 |
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
62.629.469,00 |
62.629.469,00 |
62.629.469,00 |
|
REVALUATION RESERVES |
1.536.375,00 |
1.536.375,00 |
1.536.375,00 |
|
PROFIT RESERVES |
194.632.647,00 |
165.489.205,00 |
138.899.532,00 |
|
CAPITAL RESERVES |
31.851,00 |
31.851,00 |
31.851,00 |
|
ADJUSTMENTS |
29.018.521,00 |
29.116.640,00 |
29.214.760,00 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL NET EQUITY |
287.848.863,00 |
258.803.540,00 |
232.311.987,00 |
|
|
================ |
================ |
================ |
|
TOTAL LIABILITIES |
433.689.957,00 |
382.039.358,00 |
360.488.220,00 |
|
PROFIT AND LOSS ACCOUNTS AS OF 31/12/2014, 31/12/2013 AND 31/12/2012. |
|
( FIGURES ARE IN REAIS ). |
|
|
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
GROSS SALES |
542.379.300,00 |
368.936.815,00 |
250.373.755,00 |
|
(-) TAXES ON SALES |
57.843.955,00 |
43.789.668,00 |
35.794.053,00 |
|
|
---------------- |
---------------- |
---------------- |
|
NET SALES |
484.535.345,00 |
325.147.147,00 |
214.579.702,00 |
|
(-) COST OF SOLD GOODS |
439.619.610,00 |
282.721.249,00 |
176.606.092,00 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS PROFIT |
44.915.735,00 |
42.425.898,00 |
37.973.610,00 |
|
OPERATING REVENUE (EXPENSE) |
302.427,00 |
-2.155.763,00 |
13.528.384,00 |
|
FINANCIAL REVENUE(EXPENSE) |
-11.965.327,00 |
-7.303.034,00 |
-3.313.360,00 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL PROFIT (LOSS) |
33.252.835,00 |
32.967.101,00 |
48.188.634,00 |
|
CONTRIBUTION/INCOME TAX |
-1.207.512,00 |
-2.475.548,00 |
-5.071.181,00 |
|
|
---------------- |
---------------- |
---------------- |
|
NET PROFIT (LOSS) |
32.045.323,00 |
30.491.553,00 |
43.117.453,00 |
|
MONTHLY SALES |
|||
|
|
2015 |
|
|
|
|
--------------------- |
|
|
|
JANUARY |
R$ 50.087.833,38 |
|
|
|
FEBRUARY |
R$ 49.172.552,30 |
|
|
|
MARCH |
R$ 48.604.231,29 |
|
|
|
APRIL |
R$ 59.417.948,48 |
|
|
|
MAY |
R$ 55.654.292,63 |
|
|
|
JUNE |
R$ 53.009.939,07 |
|
|
|
JULY |
R$ 49.971.188,43 |
|
|
|
AUGUST |
R$ 56.963.914,26 |
|
|
|
SEPTEMBER |
R$ 64.771.647,53 |
|
|
|
OCTOBER |
R$ 59.897.446,58 |
|
|
|
NOVEMBER |
|
|
|
|
DECEMBER |
|
|
|
|
TOTAL |
R$
547.550.993,95 |
|
|
|
RATIOS: |
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
QUICK RATIO |
,72 |
|
,76 |
|
1,06 |
|
|
CURRENT RATIO |
1,22 |
|
1,30 |
|
1,51 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
7,45 |
TIMES |
6,24 |
TIMES |
4,78 |
TIMES |
|
DAYS' SALES IN RECEIVABLES |
48,34 |
DAYS |
57,74 |
DAYS |
75,24 |
DAYS |
|
INVENTORY TURNOVER |
7,07 |
TIMES |
5,48 |
TIMES |
4,43 |
TIMES |
|
ACCOUNTS PAYABLE PERIOD |
11,59 |
DAYS |
15,92 |
DAYS |
23,16 |
DAYS |
|
RETURN ON ASSETS |
1,12 |
TIMES |
,85 |
TIMES |
,60 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
1,68 |
TIMES |
1,26 |
TIMES |
,92 |
TIMES |
|
NET WORTH TIE-UP |
,19 |
|
,21 |
|
,22 |
|
|
INDEBTEDNESS |
,51 |
|
,48 |
|
,55 |
|
|
EQUITY RATIO |
66,37 |
% |
67,74 |
% |
64,44 |
% |
|
WORKING CAPITAL RATIO |
22,25 |
% |
29,87 |
% |
50,52 |
% |
|
GENERAL SOLVENCY |
2,97 |
|
3,10 |
|
2,81 |
|
|
RETURN ON NET EQUITY |
11,13 |
% |
11,78 |
% |
18,56 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
6,61 |
% |
9,38 |
% |
20,09 |
% |
|
GROSS PROFIT MARGIN |
9,27 |
% |
13,05 |
% |
17,70 |
% |
|
OPERATIONAL RESULT |
6,86 |
% |
10,14 |
% |
22,46 |
% |
|
SALES TURNOVER ON LIABILITIES |
3,94 |
TIMES |
3,37 |
TIMES |
2,41 |
TIMES |
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 3,79 |
- OFFICIAL RATE ON 09/11/2015 |
|
US$ 1,00 = R$ 2,65 |
- OFFICIAL RATE ON 31/12/2014 |
|
US$ 1,00 = R$ 2,34 |
- OFFICIAL RATE ON 31/12/2013 |
|
US$ 1,00 = R$ 2,04 |
- OFFICIAL RATE ON 31/12/2012 |
|
COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE FINANCIAL DATA AVAILABLE SHOWS THE SUBJECT HAS A GOOD FINANCIAL
STANDING. IT SHOWS GOOD CURRENT RATIO WITH IMPORTANT WORKING CAPITAL AMOUNT,
LOW LEVEL OF INDEBTEDNESS. IN ADDITION IT SHOWS HIGH GROWING SALES AND
PROFITABILITY. |
|
REAL ESTATE: |
OWNED PREMISES ARE VALUED AT R$
23.375.417,51
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$
5.578.352,29
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS
ARE VALUED AT R$ 43.277.826,60
INSURANCE
|
|
INSURANCE COMPANY: |
MARÍTIMA SEGUROS E MAPFRE SEGUROS |
|
COVERAGE: |
SUNDRY RISKS |
|
EXPIRATION: |
05.01.2016 |
|
VALUE: |
R$ 34.000.000,00 |
BANKING REFERENCES
|
|
|
BRANCH/PHONE: |
|
|
BANCO DO BRASIL S/A |
3168-2 / 51 3254-5203 |
|
|
BANCO BRADESCO S/A |
3495-9 / 54 3311-3348 |
|
|
BANCO BANRISUL S/A |
0727 / 54 3342-3066 |
|
|
CAIXA ECONOMICA FEDERAL |
0697 / 54 3342-3100 |
|
|
BANCO ITAU S/A |
7551 / 54 3003-8792 |
|
|
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 09, 2015. |
ACTIVITIES COMMENTS
|
|
SUBJECT IS ENGAGED IN THE TANNERY AND IMPROVEMENT OF LEATHER. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
ARGENTINA, URUGUAY AND ITALY |
EXPORTS TO:
|
THAILAND, ITALY AND INDONESIA |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
|
|
|
AMCM IND COM IMP EXP SERV TEC LTDA |
|
|
|
CENTROCOURO COM E REPRES LTDA |
|
51 3583-2028 |
|
COUROQUIMICA COUROS E ACABAMENTOS LTDA |
|
|
|
COUROS PREMIUM INDUSTRIA E COMERCIO LTDA |
|
|
|
JAVALLI IND E COM DE CONFECÇÕES LTDA |
|
54 3344-1475 |
|
KALLINE IND COM CONFECÇÕES LTDA ME |
|
48 3524-1808 |
|
SP EQUIP DE PROTEÇÃO TRABALHO EMRO LTDA |
|
11 3275-3311 |
|
TRINYS IND E COMERCIO LTDA |
|
18 3528-9900 |
|
FOREIGN CLIENTS: |
COUNTRY: |
|
|
CORIUM |
ITALY |
|
|
DANCEMANN |
THAILAND |
|
|
HOUZE TRADING COMPANY LIMITED |
|
|
|
KAMALI GLOBAL INC |
|
|
|
PRIMO MASTROTO |
ITALY |
|
|
PT MASTROTO |
INDONESIA |
|
|
QUEST WIN ASIA LIMITED |
|
|
|
STAFF: |
|
|
|
THE COMPANY HAS: 1043 EMPLOYEE(S) |
CONCEPT AND FULFILMENT
|
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY, OPERATING SINCE 1947 WITH A
GROWING SCALE OF ACTIVITIES. IT IS FAMILY-OWNED. SO FAR IT HAS A CLEAR TRADE HISTORY
AND EXCELLENT PAYMENT BEHAVIOUR. 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. ALL OF THE SUPPLIERS, WHICH PROVIDED INFORMATION, REPORTED PROMPT
PAYMENTS, THUS THE SUBJECT HAS AN EXCELLENT TRADE REPUTATION. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
|
PHONE: |
|
BASF S/A |
|
51 3474-5400 |
|
COGNIS BRASIL LTDA |
|
51 3586-2627 |
|
COOPERATIVA MISTA TUCUNDUVA LTDA |
|
|
|
FRIGOESTRELA S.A. |
|
|
|
FRIGORIFICO OUROESTE LTDA |
|
|
|
KILLING S/A |
|
51 3586-8100 |
|
NOKO-PIELCOLOR LTDA |
|
51 3562-8800 |
|
STAHL DO BRASIL LTDA |
|
51 3562-1313 |
|
FOREIGN
SUPPLIERS: |
COUNTRY: |
|
|
AMERICA CHEMICAL |
URUGUAY |
|
|
BAUCE TRI-MA SRL |
ITALY |
|
|
TRUMPLER ARGENTINA |
ARGENTINA |
|
|
PAYMENT HISTORY: |
|
33 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 1.544.001,00 |
|
|
|
AMOUNT OF INVOICES PAID: 211 |
|
TOTAL OF PROMPT PAYMENTS: 100% |
|
HIGHEST INVOICE: R$ 181.069,00 |
|
HIGHEST CREDIT: R$ 181.069,00 |
|
|
|
OUTSTANDING
INVOICES DUE WITHIN THE NEXT 30 DAYS: |
|
--------------------------- |
SUPPLIERS: |
INVOICES: |
TOTAL AMOUNT: |
|
DUE WITHIN 30 DAYS |
2 |
5 |
R$ 4.266,65 |
FINAL OPINION
|
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN BUSINESS FOR SEVERAL
YEARS. UP TO DATE IT HAS GOOD FINANCIAL STANDING, A CLEAR TRADE HISTORY AND
EXCELLENT PAYMENT BEHAVIOUR. BASED ON THE GENERAL INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD
TRADE RELATIONS MAY BE ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED WITHIN
TERMS AND AMOUNTS ADEQUATE TO THE COMPANY'S FINANCIAL STRENGTH. AN INITIAL CREDIT LIMIT OF USD 2.000.000,00 MAY BE CONSIDERED. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.14 |
|
|
1 |
Rs.100.55 |
|
Euro |
1 |
Rs.71.26 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.