|
Report No. : |
345119 |
|
Report Date : |
19.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
SCHOTT AG |
|
|
|
|
Registered Office : |
Hattenbergstr. 10 D 55122 Mainz |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
30.09.2014 |
|
|
|
|
Date of Incorporation : |
12.10.1972 |
|
|
|
|
Legal Form : |
Public Limited Company |
|
|
|
|
Line of Business : |
· Manufacture and processing of other glass, including technical glassware · Wholesale of ceramics and glassware |
|
|
|
|
No. of Employee : |
4,313 |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
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) |
|
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, 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 5.2% in 2014. The new German government introduced a minimum wage of about $11.60 (8.50 euros) 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%. The budget was essentially in balance in 2014. 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. The German economy suffers from low levels of investment, and a government plan to invest 15 billion euros 2016-18, largely in infrastructure, is intended to spur needed private investment. 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 plans to replace nuclear power with renewable energy, which accounted for 27.8% of gross electricity consumption in 2014, up from 9% in 2000. 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. Extremely low inflation, caused largely by low global energy prices and a weak euro, are expected to boost German GDP growth in 2015.
|
Source
: CIA |
SCHOTT AG
Company Status: active
Hattenbergstr. 10
D 55122 Mainz
Telephone:06131/660
Telefax: 06131/662000
Homepage: www.schott.com
E-mail: info@schott.com
VAT no.: DE811120270
Business relations are
permissible.
LEGAL FORM Public
limited company
Date of foundation: 12.10.1972
Registered on: 05.04.2004
Commercial Register: Local court 55116 Mainz
under: HRB
8555
EUR 150,000,000.00
Carl-Zeiss-Stiftung
Carl-Zeiss-Str. 22
D
73447 Oberkochen
Legal
form: Private law foundation
Share: 100.000 %
Reg.
data: 89073 Ulm,
Control and profit transfer agreement
Dr.
Frank Heinricht
D
74223 Flein
born: 02.03.1962
Profession: Physicist
Marital status: unknown
Dr.
Hans-Joachim Konz
Elbinger Str. 1
D 55543 Bad Kreuznach
born:
15.02.1960 in Euskirchen
Profession: graduate engineer
Marital status: married
Member of the Board of
Directors:
Klaus
Eugen Rübenthaler
D
55116 Mainz
authorized to jointly represent the company
born:
20.09.1960 in Pirmasens
Profession: Fully qualified management
expert
Marital status: married
President of the
Supervisory Board:
Dr.
rer.nat. Dieter Kurz
D
88131 Lindau
born:
04.02.1948 in Tübingen
Marital status: unknown
Vice-president of the
Supervisory Board:
Wolfgang Heinrich
St.-Rochus-Str. 8
D
56291 Maisborn
Member of the Supervisory
Board:
Dr.
Eduard Kulenkamp
D 67098 Bad Dürkheim
born:
02.05.1945
Member of the Supervisory
Board:
Dr.rer.nat. Stefan Marcinowski
D
68159 Mannheim
born:
22.02.1953 in Stuttgart
Profession: Chemist
Marital status: unknown
Member of the Supervisory
Board:
Dr.rer.nat. Richard Pott
D
51371 Leverkusen
born:
11.05.1953 in Leverkusen-Opladen
Profession: Physicist
Marital status: married
Member of the Supervisory
Board:
Prof.
Dr. Dr. h..c. Klaus Backhaus
D
48143 Münster
born:
15.02.1947
Profession: Director
Marital status: unknown
Representative of the
Employees within the Supervisory Board:
Hartmuth Baumann
D
92442 Wackersdorf
Representative of the
Employees within the Supervisory Board:
Gerhard Greim
D
95666 Mitterteich
Marital status: unknown
Representative of the
Employees within the Supervisory Board:
Martina Mehlan
D
31073 Grünenplan
Marital status: unknown
Representative of the
Employees within the Supervisory Board:
Salvatore Ruggiero
D
55122 Mainz
Marital status: unknown
Representative of the
Employees within the Supervisory Board:
Dr.
Thomas Hünlich
D
55452 Windesheim
Marital status: unknown
Rainer Schade
D
30826 Garbsen
authorized to jointly represent the company
born:
24.06.1957
Proxy:
Ulrich
Zirfas
D
37581 Bad Gandersheim
authorized to jointly represent the company
born:
03.02.1954
Profession: Engineer
Proxy:
Dr.
Martin Heming
Pfarrberg 14
D 55442
Stromberg
born:
06.05.1956
Profession: Fully qualified chemist
Marital status: married
Proxy:
Dr.
Jürgen Bode
Im
Kornfeld 5
D 65835 Liederbach
authorized to jointly represent the company
born:
05.07.1962
Proxy:
Dr.
Ulrich Josef Ackermann
D
55268 Nieder-Olm
authorized
to jointly represent the company
born:
16.03.1955
Proxy:
Salvatore Ruggiero
Morschstr. 48
D
55129 Mainz
authorized to jointly represent the company
born:
26.01.1970
Proxy:
Martin
Fuchs
D
79189 Bad Krozingen
authorized to jointly represent the company
born:
01.08.1969
Proxy:
Dr.
Reiner Hans Mauch
D
55452 Guldental
authorized to jointly represent the company
born:
20.04.1961
Proxy:
Oliver
Zitzmann
D 60265 Frankfurt
authorized to jointly represent the company
born:
05.12.1967
Nationality: USA
Marital status: unknown
Proxy:
Dr.
Joachim Küster
D
64390 Erzhausen
authorized to jointly represent the company
born:
13.03.1965
Proxy:
Günter
Holzhauser
Anger
61
D 99084
Erfurt
authorized to jointly represent the company
born:
21.08.1965
Profession: graduate engineer
Proxy:
Udo
Reichardt
D
55116 Mainz
authorized to jointly represent
the company
born:
29.09.1963
Profession: Fully qualified merchant
Marital status: married
Proxy:
Reinhard Männl
D 95666 Mitterteich
authorized to jointly represent the company
born:
30.06.1951
Proxy:
Peter
Scherer
Almstr. 6a
D
95448 Bayreuth
authorized to jointly
represent the company
born:
21.04.1963
Proxy:
Sascha
Gregori
Provinzialstr. 5
D
55425 Waldalgesheim
authorized
to jointly represent the company
born:
03.09.1970
Proxy:
Hermann Ditz
D
84034 Landshut
authorized to jointly represent the company
born:
25.03.1959
Proxy:
Dr.
Jörg Flatten
D
65183 Wiesbaden
authorized to jointly represent the company
born:
18.01.1966
Proxy:
Thomas
Gassner
D 92637 Weiden
authorized to jointly represent the company
born:
17.05.1964
Proxy:
Peter
Kniprath
Wilhelm-Hauff-Str. 33
D 84036
Landshut
authorized to jointly represent the company
born:
05.08.1966
Proxy:
Wolfgang Wentzel
D
55413 Weiler
authorized to jointly represent the company
born:
10.06.1953
Proxy:
Dr.
Heinz Kaiser
D
55122 Mainz
authorized to jointly represent the company
born:
31.08.1966
Proxy:
Bernhard Langner
D
55116 Mainz
authorized to jointly represent the company
born:
22.01.1969
Proxy:
Stephan Behle
D
55239 Gau-Odernheim
authorized to jointly represent the company
born:
19.06.1966
Proxy:
Andreas Reisse
D
93047 Regensburg
born:
20.04.1961
Proxy:
Hans Peter Langer
D
55270 Schwabenheim
authorized to jointly represent the company
born:
10.06.1959
Proxy:
Thomas
Harbach
D
55116 Mainz
authorized to jointly
represent the company
born:
26.07.1956
Proxy:
Christoph Fark
D
65343 Eltville
authorized to jointly represent the company
born: 29.12.1970
Marital status: unknown
Proxy:
Dr.
Marc Clement
D
37574 Einbeck
authorized to jointly represent the company
born:
27.01.1958
Proxy:
Thomas
Volker Schöning
D
55122 Mainz
born:
01.11.1966
Proxy:
Michael Vollgold
D
76698 Ubstadt-Weiher
authorized to jointly represent the company
born:
24.10.1966
Proxy:
Andreas Krüger
D
31073 Grünenplan
authorized to jointly represent the company
born: 01.02.1967
Proxy:
Oliver
Spika
Nerobergstr. 3
D
65193 Wiesbaden
authorized to jointly represent the company
born:
02.02.1969
Proxy:
Dr. Patrick Markschläger
Fuchsturmweg 14a
D
07749 Jena
authorized to jointly represent the company
born:
30.04.1966
Proxy:
Christian
Geiger
D
94469 Deggendorf
authorized to jointly represent the company
born:
31.08.1966
Proxy:
Peter
Helmut Fühles
Pestalozzistr. 15
D 55450 Langenlonsheim
authorized to jointly represent the company
born:
07.03.1965
Proxy:
Tanja
Kremers
D
30982 Pattensen
authorized
to jointly represent the company
born:
03.05.1972
Proxy:
Stephan Link
D
84028 Landshut
authorized to jointly represent the company
born: 05.08.1974
Proxy:
Bernhard Gilch
D
84183 Niederviehbach
authorized to jointly represent the company
born:
02.12.1961
Proxy:
Christian Köhler
D 60308 Frankfurt
authorized to jointly represent the company
born:
20.05.1973
Proxy:
Marcus
Knöbel
D
65033 Wiesbaden
authorized to jointly represent the company
born:
11.05.1973
Proxy:
Carsten Heine
D
92637 Weiden
authorized to jointly represent the company
born:
31.07.1972
Proxy:
Dr.
Alexander Wansel
D
65033 Wiesbaden
authorized to jointly represent the company
born:
16.03.1970
Marital status: unknown
Proxy:
Andreas Beeres
D
63150 Heusenstamm
authorized to jointly represent the company
born:
25.09.1968
Proxy:
Dr.
Jens Ahrens
D 31089
Duingen
authorized to jointly represent the company
born:
07.02.1966
Proxy:
Thomas
Jochen Straßer
D
55122 Mainz
authorized to jointly represent the company
born:
10.10.1971
Proxy:
Gernot
Orben
D
55296 Harxheim
authorized to jointly represent the company
born:
06.03.1961
Proxy:
Kai
Olbricht
D
55122 Mainz
authorized to jointly represent the company
born:
23.12.1972
Proxy:
Dieter
Worf
D
55299 Nackenheim
authorized to jointly represent the company
born:
08.09.1974
Proxy:
Eike
Krull
D
35096 Weimar
authorized to jointly represent the company
born: 16.06.1978
Proxy:
Dirk
Seidel
D
65396 Walluf
authorized to jointly represent the company
born:
08.04.1968
Proxy:
Fabian
Stöcker
D
61250 Usingen
authorized to jointly represent the company
born:
18.02.1976
Proxy:
Dr.
Anne Daentzer
D
55122 Mainz
authorized to jointly represent the
company
born:
02.01.1966
Further
functions/participations of Dr. Frank Heinricht
(President of the Board of
Directors)
President of the
Supervisory Board:
Heraeus Deutschland Verwaltungs GmbH
Heraeusstr. 12-14
D
63450 Hanau
Legal
form: Private limited company
Share
capital: EUR 26,000.00
Registered
on: 26.06.1981
Reg.
data: 63450 Hanau, HRB 2643
President of the
Supervisory Board:
Heraeus Quarzglas Verwaltungsgesellschaft
mbH
Quarzstr.
8
D
63450 Hanau
Legal
form: Private limited company
Share
capital: EUR 26,000.00
Registered
on: 22.10.1998
Reg. data: 63450 Hanau, HRB 6288
Further
functions/participations of Dr. Hans-Joachim Konz (Member
of the Board of Directors)
Limited partner:
GEDEA-Ingelheim GmbH & Co. PV-Meins KG
Rathenaustr. 22
D
55218 Ingelheim
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Total
cap. EUR 379,000.00
contribution:
Share: EUR 4,000.00
Registered
on: 02.11.2004
Reg.
data: 55116 Mainz, HRA 22401
Further
functions/participations of Klaus Eugen Rübenthaler
(Member of the Board of
Directors)
Member of the Supervisory
Board:
vircom
AG Informationssysteme
Amerikastr. 21
D
66482 Zweibrücken
Legal
form: Public limited company dissolved
by official decree
Share
capital: EUR 200,000.00
Registered
on: 22.09.2000
Reg. data: 66482 Zweibrücken, HRB 1709
12.10.1972 -
04.04.2004 Schott Spezialglas GmbH HRB 5656
Hattenbergstr. 10
D 55122 Mainz
Private limited company
05.04.2004 -
30.06.2004 SCHOTT Spezialglas AG
Hattenbergstr. 10
D 55122 Mainz
Public limited company
19.01.2005 -
18.03.2013 President of the Board of Directors
Prof. Dr. Udo Ungeheuer
D 55116 Mainz
Main industrial sector
23190 Manufacture
and processing of other glass, including
technical glassware
46441 Wholesale of ceramics and glassware
Branch:
SCHOTT
AG
Uhldinger Str. 1
D
14165 Berlin
TEL.:
030-8027006
Branch:
SCHOTT
AG
Hagenauer Str. 38
D
65203 Wiesbaden
Branch:
SCHOTT
AG
Industriestr. 3
D
79379 Müllheim
TEL.:
07631/3685-0
FAX.:
07631/3685-95
Branch:
SCHOTT
AG
Carl-Zeiss-Promenade 10
D
07745 Jena
TEL.:
03641/6810
FAX.:
03641/6815100
Reg.
entry: 26.07.2004
Branch:
SCHOTT
AG
Otto-Schott-Str. 2
D
55127 Mainz
TEL.:
06131/660
Branch:
SCHOTT
AG
Hildesheimer Str. 35
D
37581 Bad Gandersheim
TEL.:
05382-701-0
FAX.:
05382-701-279
Branch:
SCHOTT
AG
Hüttenstr. 1
D 31073 Grünenplan
TEL.:
05187/7710
FAX.:
05187/771300
Branch:
SCHOTT
AG
Erich-Schott-Str. 14
D
95666 Mitterteich
TEL.:
09633/80-0
FAX.:
09633/80-614
Branch:
SCHOTT
AG
Christoph-Dorner-Str. 29
D
84028 Landshut
TEL.:
0871/826-0
Limited partner:
Schott
Glas Mainz Grundstücks-GmbH & Co. KG
Hattenbergstr. 10
D
55122 Mainz
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total
cap. EUR 1,000,000.00
contribution:
Share: EUR 1,000,000.00
Reg. data: 17.10.2002
Local court 55116 Mainz
HRA 4064
Limited partner:
VRP
Venture Capital Rheinland-Pfalz Nr. 2
GmbH
& Co. KG
Holzhofstr. 4
D
55116 Mainz
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total
cap. EUR 16,015.00
contribution:
Share: EUR 250.00
Reg.
data: 28.12.2007
Local court 55116 Mainz
HRA 40581
Shareholder:
Schott
Glaswerke Beteiligungs- und Export
GmbH
Hattenbergstr. 10
D
55122 Mainz
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 68,110,100.00
Share: EUR 68,110,100.00
Reg.
data: 09.09.1992
Local court 55116 Mainz
HRB 4873
Shareholder:
SCHOTT
JENAer GLAS GmbH
Otto-Schott-Str. 13
D
07745 Jena
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 15,338,756.44
Share: EUR 15,338,756.44
Reg.
data: 10.07.1990
Local court 07745 Jena
HRB 200169
Shareholder:
SCHOTT
Technical Glass Solutions GmbH
Otto-Schott-Str. 13
D
07745 Jena
Legal form: Private limited company
Company Status: active
Share
capital: EUR 5,000,000.00
Share: EUR 5,000,000.00
Reg.
data: 16.10.2002
Local court 07745 Jena
HRB 209412
Shareholder:
LIB
Industrie Beteiligung GmbH
Hattenbergstr. 10
D
55122 Mainz
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 2,600,000.00
Share: EUR 2,600,000.00
Reg. data:
10.10.1994
Local court 55116 Mainz
HRB 5481
Shareholder:
Schott-Geräte Gesellschaft mit beschränkter
Haftung
Hattenbergstr. 10
D
55122 Mainz
Post
Box:
1130
Legal
form: Private limited company
Company Status: dissolved
since: 04.08.2005
Share
capital: EUR 2,045,167.52
Share: EUR 2,045,167.52
Reg.
data: 24.01.2001
Local court 55116 Mainz
HRB 7480
Shareholder:
Schott
Glaswerke Service GmbH
Hattenbergstr. 10
D
55122 Mainz
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 110,000.00
Share: EUR 110,000.00
Reg.
data: 25.11.1991
Local court 55116 Mainz
HRB 4680
Shareholder:
Schott-Zeiss Assekuranzkontor GmbH
Hattenbergstr. 10
D
55122 Mainz
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 60,000.00
Share: EUR 30,000.00
Reg.
data: 04.06.1965
Local court 55116 Mainz
HRB 47
Shareholder:
SCHOTT
ENGINEERING Gesellschaft mit
beschränkter Haftung
Hattenbergstr. 10
D
55122 Mainz
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,600.00
Share: EUR 25,600.00
Reg. data: 25.05.1965
Local court 55116 Mainz
HRB 46
Shareholder:
GKM
Beteiligungs- und Verwaltungs GmbH
D
79379 Müllheim
Legal form: Private limited
company
Company Status: active
Share
capital: EUR 25,564.59
Share: EUR 25,564.59
Reg.
data: 16.12.1994
Local court 55116 Mainz
HRB 5545
Shareholder:
SCHOTT
Finanzierungs- und Verwaltungs GmbH
Hattenbergstr. 10
D 55122 Mainz
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 01.09.2015
Local court 55116 Mainz
HRB 46339
Shareholder:
Schott
Verwaltungs GmbH
Hattenbergstr. 10
D 55122 Mainz
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 09.03.2004
Local court 55116 Mainz
HRB 8509
Shareholder:
Radio
Mainz GmbH
117er
Ehrenhof 5
D 55118 Mainz
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 150,000.00
Share: EUR 15,000.00
Reg.
data: 30.11.2010
Local court 55116 Mainz
HRB 43033
Payment experience: within agreed terms
Negative information:We
have no negative information at hand.
Balance sheet year: 2013/2014
Type of ownership: Tenant
Address Hattenbergstr.
10
D 55122 Mainz
Land register documents
were not available.
Principal bank
DEUTSCHE BANK, 55020 MAINZ
A RHEIN
Sort. code: 55070040,
Account no.: 012326500
BIC: DEUTDE5MXXX, IBAN:
DE71550700400012326500
Further bank
COMMERZBANK, 55002 MAINZ A
RHEIN
Sort. code: 55040022,
Account no.: 226000800
BIC: COBADEFFXXX, IBAN:
DE92550400220226000800
Turnover: 2012/2013 EUR 748,262,808.00
2013/2014 EUR 755,777,224.00
Profit: 2012/2013 EUR 119,505,321.00
2013/2014 EUR 12,804,005.00
further business figures:
Equipment: EUR 20,342,927.00
Ac/ts receivable: EUR
640,347,936.00
Liabilities: EUR 578,766,999.00
Employees:
4,313
Control and profit transfer
agreement to:
Carl-Zeiss-Stiftung
Carl-Zeiss-Str. 22
D
73447 Oberkochen
Balance sheet ratios 01.10.2013 - 30.09.2014
Equity ratio [%]: 31.97
Liquidity ratio: 1.23
Return on total capital
[%]: 1.24
Balance sheet ratios 01.10.2012 - 30.09.2013
Equity ratio [%]: 29.49
Liquidity ratio: 1.21
Return on total capital
[%]: 6.87
Balance sheet ratios 01.10.2011 - 30.09.2012
Equity ratio [%]: 21.03
Liquidity ratio: 0.88
Return on total capital
[%]: -8.50
Balance sheet ratios 01.10.2010 - 30.09.2011
Equity ratio [%]: 31.39
Liquidity ratio: 0.96
Return on total capital
[%]: 3.15
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
Origin of the present
balance sheet: electronic
German Federal Gazette
Financial year: 01.10.2013
- 30.09.2014
ASSETS EUR 1,826,724,338.79
Fixed assets
EUR 956,648,430.49
Intangible assets
EUR 8,428,222.86
Concessions, licences, rights
EUR 4,200,481.52
Goodwill
EUR 4,227,741.34
Tangible assets
EUR 265,159,358.01
Land / similar rights
EUR 3,313,796.24
Plant / machinery
EUR 208,053,496.04
Other tangible assets / fixtures and
fittings
EUR 20,342,927.23
Advance payments made / construction
in progress
EUR 33,449,138.50
Financial assets
EUR 683,060,849.62
Shares in participations /
subsidiaries and the like
EUR 494,269,486.48
Shares in related companies
EUR 494,179,483.83
Shares in investee companies
EUR 90,002.65
Loans to participations /
subsidiaries and the like
EUR 188,673,503.07
Loans to related companies EUR 188,673,503.07
Other loans
EUR 117,860.07
Current assets
EUR 868,113,324.17
Stocks
EUR 167,806,617.68
Raw materials, consumables and
supplies
EUR 31,012,960.40
Finished goods / work in progress
EUR 144,865,558.52
Minus received advance payments for
orders / installments for stocks EUR
-8,071,901.24
Accounts receivable
EUR 640,347,936.46
Trade debtors
EUR 75,725,812.53
Amounts due from related companies
EUR 541,150,522.59
Amounts due from investee companies
EUR 3,050,961.79
Other debtors and assets
EUR 20,420,639.55
Liquid means
EUR 59,958,770.03
Remaining other assets
EUR 1,962,584.13
Accruals (assets)
EUR 1,962,584.13
LIABILITIES EUR 1,826,724,338.79
Shareholders' equity
EUR 586,793,998.21
Capital
EUR 150,000,000.00
Subscribed capital (share capital)
EUR 150,000,000.00
Reserves
EUR 372,213,563.46
Capital reserves
EUR 322,213,563.46
Retained earnings / revenue reserves EUR 50,000,000.00
Balance sheet profit/loss (+/-)
EUR 64,255,367.12
Balance sheet profit / loss
EUR 64,255,367.12
Other shareholders' equity (+/-)
EUR 325,067.63
Other / unspecified part of the
shareholders' equity
EUR 325,067.63
Provisions
EUR 660,019,466.62
Pension provisions and comparable
provisions
EUR 508,920,164.18
Provisions for taxes EUR 6,460,253.29
Other / unspecified provisions
EUR 144,639,049.15
Liabilities
EUR 578,766,998.64
Financial debts
EUR 37,025,770.43
Liabilities
due to banks EUR 37,025,770.43
Other liabilities
EUR 541,741,228.21
Trade creditors (for IAS incl. bills
of exchange)
EUR 57,865,228.46
Liabililties due to related companiesEUR 468,798,923.62
Liabilities due to investee companiesEUR 2,044,406.91
Unspecified other liabilities
EUR 13,032,669.22
Other liabilities
EUR 1,143,875.32
Deferrals (liabilities)
EUR 1,143,875.32
Guarantees and other commitments
EUR 105,732.00
Guarantees / warranties
EUR 105,732.00
Guarantees
EUR 105,732.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 755,777,224.46
Inventory change + own costs (+/-)
EUR 6,855,664.07
Inventory change (+/-) EUR
-1,145,000.51
Capitalised own costs
EUR 8,000,664.58
Other operating income
EUR 132,767,275.70
Cost of materials
EUR 226,083,323.82
Raw materials and supplies, purchased
goods
EUR 217,284,565.26
Purchased services
EUR 8,798,758.56
Gross result (+/-)
EUR 669,316,840.41
Staff expenses
EUR 301,490,847.03
Wages and salaries
EUR 252,177,118.51
Social security contributions and
expenses for pension plans and
benefits
EUR 49,313,728.52
Total depreciation EUR 40,443,626.83
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 40,443,626.83
Other operating expenses
EUR 267,889,821.06
Operating result from continuing
operations
EUR 59,492,545.49
Result from participating interests
(+/-)
EUR 14,260,354.89
Expenses / income from participations EUR 28,802,497.94
Income from transfer of profits
EUR 21,187,889.21
Income from related companies
EUR 7,614,608.73
Expenses for participations
EUR 14,542,143.05
Expenses for other participations
EUR 14,542,143.05
Interest result (+/-)
EUR -49,762,691.03
Interest and similar income
EUR 10,720,450.31
Interest and similar expenses
EUR 60,483,141.34
Other financial result
EUR 2,549,274.42
Income from securities and loans from
financial assets
EUR 4,227,420.83
Depreciation on financial assets and
marketable securities
EUR 1,678,146.41
Financial result (+/-)
EUR -32,953,061.72
Result from ordinary operations (+/-)
EUR 26,539,483.77
Extraordinary expenses
EUR 9,714,212.00
Extraordinary result (+/-)
EUR -9,714,212.00
Income tax / refund of income tax (+/-)EUR -3,363,702.25
Other taxes / refund of taxes
EUR -657,565.02
Tax
(+/-)
EUR -4,021,267.27
Annual surplus / annual deficit
EUR 12,804,004.50
Type
of balance
sheet: Company balance sheet
Origin of the present
balance sheet: electronic German Federal Gazette
Financial year: 01.10.2012 - 30.09.2013
ASSETS EUR
1,934,116,328.70
Fixed assets
EUR 949,689,565.88
Intangible assets
EUR 8,844,578.80
Concessions, licences, rights
EUR 3,404,957.10
Goodwill EUR 5,439,621.70
Tangible assets
EUR 251,344,538.80
Land / similar rights
EUR 3,428,152.88
Plant / machinery
EUR 202,223,684.53
Other tangible assets / fixtures and
fittings
EUR 20,417,409.28
Advance payments made / construction
in progress
EUR 25,275,292.11
Financial assets
EUR 689,500,448.28
Shares in participations /
subsidiaries and the like
EUR 494,269,486.48
Shares in related companies
EUR 494,179,483.83
Shares in investee companies
EUR 90,002.65
Loans
to participations /
subsidiaries and the like
EUR 195,039,543.32
Loans to related companies
EUR 195,039,543.32
Other loans
EUR 191,418.48
Current assets EUR 981,958,827.78
Stocks
EUR 159,658,921.83
Raw materials, consumables and
supplies
EUR 35,946,018.34
Finished goods / work in progress
EUR 146,275,846.24
Minus received advance payments for
orders / installments for stocks
EUR -22,562,942.75
Accounts receivable
EUR 673,728,767.18
Trade debtors
EUR 77,691,857.53
Amounts due from related companies
EUR 581,400,935.41
Amounts due from investee companies
EUR 2,091,326.00
Other debtors and assets
EUR 12,544,648.24
Liquid means
EUR 148,571,138.77
Remaining other assets
EUR 2,467,935.04
Accruals (assets)
EUR 2,467,935.04
LIABILITIES EUR 1,934,116,328.70
Shareholders' equity
EUR 574,202,575.96
Capital
EUR 150,000,000.00
Subscribed capital (share capital)
EUR 150,000,000.00
Reserves
EUR 372,213,563.46
Capital reserves EUR 322,213,563.46
Retained earnings / revenue reserves EUR 50,000,000.00
Third party shares (+/-)
EUR 508,121.37
Balance sheet profit/loss (+/-)
EUR 51,480,891.13
Balance
sheet profit / loss EUR 51,480,891.13
Provisions
EUR 651,746,580.32
Pension provisions and comparable
provisions
EUR 503,041,473.32
Provisions for taxes
EUR 3,600,000.00
Other / unspecified provisions
EUR 145,105,107.00
Liabilities
EUR 706,767,796.42
Financial debts
EUR 150,844,938.59
Liabilities due to banks
EUR 150,844,938.59
Other liabilities
EUR 555,922,857.83
Trade creditors (for IAS incl. bills
of exchange)
EUR 52,316,689.56
Liabililties due to related companiesEUR 483,701,833.57
Liabilities due to investee companiesEUR 2,459,320.60
Unspecified other liabilities
EUR 17,445,014.10
Other liabilities
EUR 1,399,376.00
Deferrals (liabilities)
EUR 1,399,376.00
Guarantees and other commitments
EUR 126,703,000.00
Guarantees / warranties
EUR 126,703,000.00
Guarantees
EUR 126,703,000.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 748,262,808.33
Inventory change + own costs (+/-)
EUR 26,691,115.31
Inventory change (+/-)
EUR 19,250,435.84
Capitalised own costs
EUR 7,440,679.47
Other operating income
EUR 165,472,290.09
Cost of materials
EUR 244,419,188.52
Raw
materials and supplies, purchased
goods
EUR 235,956,899.38
Purchased services
EUR 8,462,289.14
Gross result (+/-)
EUR 696,007,025.21
Staff expenses EUR 305,936,209.13
Wages and salaries
EUR 241,032,871.46
Social security contributions and
expenses for pension plans and
benefits
EUR 64,903,337.67
Total depreciation EUR 47,925,965.05
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 47,925,965.05
Other operating expenses
EUR 320,567,935.06
Operating result from continuing
operations
EUR 21,576,915.97
Result from participating interests
(+/-)
EUR 214,127,974.29
Expenses / income from participations EUR 219,820,000.14
Income from transfer of profits
EUR 126,521,878.08
Income from related companies
EUR 93,298,122.06
Expenses for participations
EUR 5,692,025.85
Expenses for other participations
EUR 5,692,025.85
Interest result (+/-)
EUR -55,243,798.32
Interest and similar income
EUR 10,663,102.18
Interest and similar expenses
EUR 65,906,900.50
Other financial result EUR -92,572,074.45
Income from securities and loans from
financial assets
EUR 2,329,285.97
Depreciation on financial assets and
marketable securities
EUR 94,901,360.42
Financial result (+/-)
EUR 66,312,101.52
Result from ordinary operations (+/-)
EUR 87,889,017.49
Extraordinary expenses
EUR 13,006,849.83
Extraordinary result (+/-) EUR -13,006,849.83
Income tax / refund of income tax (+/-)EUR 44,802,490.49
Other taxes / refund of taxes
EUR -179,337.52
Tax
(+/-)
EUR 44,623,152.97
Annual surplus / annual deficit
EUR 119,505,320.63
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.97 |
|
|
1 |
Rs.100.55 |
|
Euro |
1 |
Rs.73.99 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
ASH |
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.