|
Report No. : |
345626 |
|
Report Date : |
23.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
CLARIANT S A |
|
|
|
|
Registered Office : |
Avenida Das Nações Unidas, 18001 - Santo Amaro 04795-100 - São Paulo/SP |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
10.02.1966 |
|
|
|
|
Legal Form : |
Privately Held Corporation |
|
|
|
|
Line of Business : |
Manufacture of Chemicals |
|
|
|
|
No. of Employees : |
1500 |
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 : |
Exist |
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 Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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. 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. 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. 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 |
CLARIANT S/A
|
MAIN ADDRESS: |
AVENIDA DAS NAÇÕES UNIDAS, 18001 - SANTO AMARO |
|
ZIP CODE/CITY: |
04795-100 - SÃO PAULO/SP |
|
|
|
|
PHONE: |
11 5683-7233 |
|
FAX: |
11 5683-7053 |
|
E-MAIL: |
|
|
WEB SITE: |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
AVENIDA BASILÉIA,590 - MANEJO |
|
ZIP CODE/CITY: |
27521-210 RESENDE/RJ |
|
PHONE: |
24 3358-5500 |
|
CNPJ: |
314.521.130-01 |
|
|
|
|
ADDRESS: |
AVENIDA JORGE BEI MALUF,2163 - VILA THEODORO |
|
ZIP CODE/CITY: |
08686-000 SUZANO/SP |
|
PHONE: |
11 4745-8000 |
|
CNPJ: |
31.452.113/0013-95 |
|
STATE REGISTER: |
672.086.333.110 |
|
|
|
|
ADDRESS: |
RODOVIA WASHINGTON LUIZ - KM,20 - XEREM |
|
ZIP CODE/CITY: |
25240-000 DUQUE DE CAXIAS/RJ |
|
PHONE: |
21 2679-9600 |
|
|
|
|
ADDRESS: |
AV. BRASILEIA,590 MANEJO |
|
ZIP CODE/CITY: |
27521-210 RESENDE/RJ |
|
PHONE: |
24 3358-5500 |
|
|
|
|
ADDRESS: |
AV JORGE BEY MALUF,2163 - JARDIM BELEM |
|
ZIP CODE/CITY: |
08686-000 SUZANO/SP |
|
PHONE: |
44 4745-8000 |
|
THE COMPANY ALSO HAS OTHER BRANCHES LOCATED IN BELO HORIZONTE/MG, BLUMENAU/SC,
CURITIBA/PR, MACAÉ/RJ, NOVO HAMBURGO/RS, RECIFE/PE AND RIO DE JANEIRO/RJ. |
|
MAIN ACTIVITIES: |
|
MANUFACTURE OF CHEMICALS. |
|
LEGAL FORM: |
PRIVATELY
HELD CORPORATION |
|
|
|
|
INCORPORATION DATE: |
10/02/1966 |
|
REGISTER DATE: |
10/02/1966 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
31.452.113/0001-51 |
|
STATE REGISTER: |
115.019.246.110 |
|
|
|
|
SHARE CAPITAL: |
R$
184.862.969,00 |
|
LAST REGISTER OF CAPITAL: |
16/01/2013 |
|
BOARD OF DIRECTORS:
|
|
|
|
|
|
ALBERTO GARCIA MENDES |
DIRECTOR |
|
MANLIO GALLOTTI |
DIRECTOR |
|
MAURICIO MASSANOBU TAMURA |
FINANCIAL DIRECTOR |
|
MONICA FERREIRA VASSIMON |
PRESIDENT DIRECTOR |
|
THE PRESIDENT DIRECTOR ARE AUTHORIZED TO SIGN ON BEHALF OF THE
COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
CLARIANT INTERNATIONAL AG |
53,6706% |
|
CLARIANT AG |
46,3240% |
|
CLARIANT CONSULTING AG |
0,0054% |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
A SCAN THROUGH OUTSIDE SOURCES SHOWED THE SUBJECT AND/OR DIRECTORS
HAS/HAVE THE FOLLOWING UNCONFIRMED HOLDINGS: |
|
|
FUCHS DO BRASIL S/A |
|
|
CLARIANT VENEZUELA S/A |
|
|
CLARIANT CANADA |
|
|
CLARIANT COMERCIAL LTDA |
|
|
CLARIANT CHINA |
|
|
CLARIANT - SUCURSAL ARGENTINA |
|
|
CLARIANT GMBH |
|
|
CLARIANT CORPORATION |
|
|
CLARIANT LTDA |
|
|
CLARIANT ARGENTINA S/A |
|
|
CLARIANT SWITZERLAND LTD |
|
|
CLARIANT COLOMBIA S/A |
|
|
CLARIANT COLORQUIMICA |
|
|
QUIMICA CLARIANT DE MÉXICO |
|
|
CLARIANT PERU |
|
|
CLARIANT GUATEMALA |
|
|
AMONG OTHERS |
|
|
CLARIANT ADMINISTRAÇÃO DE BENS LTDA |
|
|
THE SUBJECT IS A SUBSIDIARY OF CLARIANT GROUP A GROUP KNOWN WORLDWIDE AS A LEADING GROUP IN ITS LINE OF BUSINESS. IT HAS ABOUT 29.000 EMPLOYEES AND SALES OF OVER US$ 6 BILLION. IN BRAZIL THE SUBJECT WAS ESTABLISHED AFTER THE DIVISION OF THE CHEMICAL PRODUCTS DIVISION OF THE COMPANY SANDOZ IN JULY 1995 AND WITH THE ADDING OF THE SUBJECT IS A SUBSIDIARY OF CLARIANT GROUP A GROUP KNOWN WORLDWIDE AS A LEADING GROUP IN ITS LINE OF BUSINESS. IT HAS ABOUT 29.000 EMPLOYEES AND SALES OF OVER US$ 6 BILLION. IN BRAZIL THE SUBJECT WAS ESTABLISHED AFTER THE DIVISION OF THE CHEMICAL PRODUCTS DIVISION OF THE COMPANY SANDOZ IN JULY 1995 AND WITH THE ADDING OF THE BUSINESS IN THE FIELD OF SPECIAL CHEMICALS OF THE COMPANY HOECHST IN JULY 1997. THE SUBJECT'S PARENT COMPANY IS LOCATED IN MUTTENZ, SWITZERLAND AND IT OPERATES ABOUT 130 FACTORIES IN OVER 90 COUNTRIES. ON JANUARY 16, 2013 THE COMPANY TOOK OVER SÜD-CHEMIE DO BRASIL LTDA. FURTHER DETAILS ABOUT THE SUBJECT'S HISTORY ARE SO FAR NOT KNOWN. |
|
PUBLIC
INFORMATION: |
|
PROTESTS: |
|
01 PROTEST, TOTAL AMOUNT R$ 5.460,00 |
|
DETAILS OF PROTEST: |
|
NOTARY OFFICE: |
DATE: |
VALUE: |
|
1º CARTÓRIO DE PINDAMONHANGABA-SP |
05/10/2015 |
R$ 5.460,00 |
|
LAWSUITS: |
|
|
|
|
DATE: |
COURT OF LAW: |
|
4 |
FEDERAL LAWSUITS |
09/11/12 |
1º VARA DE SAO PAULO/FEDERAL/SP |
|
1 |
MUNICIPAL LAWSUIT |
07/11/12 |
5º VARA DE DUQUE DE CAIXAS/RJ |
|
GENERAL BALANCE SHEETS AS OF 31/12/2014, 31/12/2013 AND 31/12/2012. |
|
( FIGURES ARE IN THOUSANDS OF REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
CASH AND BANKS |
15.796 |
14.630 |
11.938 |
|
CLIENTS |
191.654 |
196.829 |
135.111 |
|
INVENTORY |
146.439 |
151.445 |
118.038 |
|
RECOVERABLE TAXES |
10.543 |
15.703 |
9.424 |
|
OTHER |
11.615 |
23.321 |
17.862 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT ASSETS |
376.047 |
401.928 |
292.373 |
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
DEFERRED TAXES |
62.566 |
66.873 |
65.563 |
|
JUDICIAL DEPOSITS |
1.289 |
1.594 |
1.080 |
|
RECOVERABLE TAXES |
8.174 |
7.600 |
4.460 |
|
OTHER CREDITS |
3.870 |
1.117 |
23 |
|
ASSETS HELD FOR SALE |
|
19.557 |
133.931 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG-TERM RECEIVABLES |
75.899 |
96.741 |
205.057 |
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
INVESTMENTS |
22.874 |
21.314 |
8.408 |
|
FIXED ASSETS |
228.280 |
212.428 |
177.054 |
|
INTANGIBLE |
5.124 |
5.377 |
5.634 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL FIXED ASSETS |
256.278 |
239.119 |
191.096 |
|
|
================ |
================ |
=============== |
|
TOTAL ASSETS |
708.224 |
737.788 |
688.526 |
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
SUPPLIERS |
146.410 |
174.975 |
153.025 |
|
LOANS AND FINANCING |
13.799 |
32.800 |
19.709 |
|
LABOR OBLIGATIONS |
23.609 |
24.024 |
24.534 |
|
TAXES & CONTRIBUTIONS |
14.600 |
21.034 |
11.470 |
|
PROVISIONS |
15.173 |
14.504 |
16.560 |
|
INTERESTS ON OWN CAPITAL |
6.045 |
9.738 |
5.961 |
|
PROVISIONS |
|
|
16.250 |
|
DESCONTINUED OPERATIONS |
|
|
54.840 |
|
OTHER |
5.465 |
3.975 |
4.885 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT LIABILITIES |
225.101 |
281.050 |
307.234 |
|
LONG TERM LIABILITIES: |
|
|
|
|
|
|
|
|
|
PROVISION FOR CONTINGENCIES |
82.205 |
87.512 |
61.741 |
|
PROVISIONS |
20.037 |
18.196 |
15.206 |
|
DEFERRED REVENUE |
1.015 |
1.305 |
190 |
|
OTHER |
|
7.469 |
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG TERM LIABILITIES |
103.257 |
114.482 |
77.137 |
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
184.863 |
184.863 |
156.889 |
|
CAPITAL RESERVES |
1 |
1 |
1 |
|
PROFIT RESERVES |
196.050 |
157.392 |
147.265 |
|
OTHER COMPREHENSIVE INCOME |
-1.048 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL NET EQUITY |
379.866 |
342.256 |
304.155 |
|
|
================ |
================ |
=============== |
|
TOTAL LIABILITIES |
708.224 |
737.788 |
688.526 |
|
PROFIT AND LOSS ACCOUNTS AS OF 31/12/2014, 31/12/2013 AND 31/12/2012. |
|
( FIGURES ARE IN THOUSANDS OF REAIS ). |
|
|
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
GROSS SALES |
|
|
1.165.064 |
|
(-) TAXES ON SALES |
|
|
255.438 |
|
|
---------------- |
---------------- |
---------------- |
|
NET SALES |
1.253.722 |
1.112.828 |
909.626 |
|
(-) COST OF SOLD GOODS |
949.339 |
776.310 |
616.778 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS PROFIT |
304.383 |
336.518 |
292.848 |
|
OPERATING REVENUE (EXPENSE) |
-219.285 |
-279.172 |
-200.165 |
|
FINANCIAL REVENUE(EXPENSE) |
1.763 |
-14.886 |
-2.805 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL PROFIT (LOSS) |
86.861 |
42.460 |
89.878 |
|
CONTRIBUTION/INCOME TAX |
-21.111 |
-10.621 |
-21.139 |
|
|
---------------- |
---------------- |
---------------- |
|
NET PROFIT (LOSS) |
65.750 |
31.839 |
68.739 |
|
RATIOS: |
31/12/2014 |
31/12/2013 |
31/12/2012 |
|
QUICK RATIO |
1,02 |
|
,89 |
|
,57 |
|
|
CURRENT RATIO |
1,67 |
|
1,43 |
|
,95 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
6,54 |
TIMES |
5,65 |
TIMES |
6,73 |
TIMES |
|
DAYS' SALES IN RECEIVABLES |
55,03 |
DAYS |
63,67 |
DAYS |
53,47 |
DAYS |
|
INVENTORY TURNOVER |
6,48 |
TIMES |
5,13 |
TIMES |
5,23 |
TIMES |
|
ACCOUNTS PAYABLE PERIOD |
55,52 |
DAYS |
81,14 |
DAYS |
89,32 |
DAYS |
|
RETURN ON ASSETS |
1,77 |
TIMES |
1,51 |
TIMES |
1,32 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
3,30 |
TIMES |
3,25 |
TIMES |
2,99 |
TIMES |
|
NET WORTH TIE-UP |
,60 |
|
,62 |
|
,58 |
|
|
INDEBTEDNESS |
,86 |
|
1,16 |
|
1,26 |
|
|
EQUITY RATIO |
53,64 |
% |
46,39 |
% |
44,17 |
% |
|
WORKING CAPITAL RATIO |
67,06 |
% |
43,01 |
% |
-4,84 |
% |
|
GENERAL SOLVENCY |
2,16 |
|
1,87 |
|
1,79 |
|
|
RETURN ON NET EQUITY |
17,31 |
% |
9,30 |
% |
22,60 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
5,24 |
% |
2,86 |
% |
7,56 |
% |
|
GROSS PROFIT MARGIN |
24,28 |
% |
30,24 |
% |
32,19 |
% |
|
OPERATIONAL RESULT |
6,93 |
% |
3,82 |
% |
9,88 |
% |
|
SALES TURNOVER ON LIABILITIES |
5,57 |
TIMES |
3,96 |
TIMES |
2,96 |
TIMES |
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 2,04 |
- OFFICIAL RATE ON 31/12/2012 |
|
US$ 1,00 = R$ 2,34 |
- OFFICIAL RATE ON 31/12/2013 |
|
US$ 1,00 = R$ 2,65 |
- OFFICIAL RATE ON 31/12/2014 |
|
US$ 1,00 = R$ 3,84 |
- OFFICIAL RATE ON 16/10/2015 |
|
COMMENTS ON THE FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE FIGURES AVAILABLE SHOW A NORMAL FINANCIAL STANDING. THE LEVEL OF INDEBTEDNESS IS SLIGHTLY HIGH BUT IT IS NOTED GOOD LIQUIDITY RATIOS AND POSITIVE WORKING CAPITAL, CONSIDERED SUFFICIENT TO COVER THE SHORT TERM DEBTS. IN ADDITION IT SHOWS GROWING SALES AND PROFITABILITY. |
|
REAL ESTATE: |
OWNED PREMISES ARE VALUED AT R$ 5.047.000,00
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$ 1.677.000,00
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS ARE VALUED AT R$ 131.218.000,00
|
NOT AVAILABLE |
|
INSURANCE COMPANY: |
NOT AVAILABLE |
|
COVERAGE: |
OPERATIONAL RISKS |
|
VALUE: |
R$ 448.192.000,00 |
|
|
|
|
INSURANCE COMPANY: |
NOT AVAILABLE |
|
COVERAGE: |
CIVIL IABILITY |
|
VALUE: |
R$ 22.410.000,00 |
|
|
BRANCH/PHONE: |
CITY: |
|
BANCO DO BRASIL S/A |
11 2128-7400 |
SÃO PAULO/SP |
|
BANCO CITIBANK S/A |
PAULISTA / 11 5576-1000 |
SÃO PAULO/SP |
|
BANCO BRADESCO S/A |
CORPORATE / 11 2128-4500 |
SÃO PAULO/SP |
|
BANCO ITAÚ BBA S/A |
11
3708-8755 |
SÃO PAULO/SP |
|
BANCO BNP PARIBAS BRASIL S/A |
CORPORATE / 11 3841-3100 |
SÃO PAULO/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"). |
|
THE SUBJECT IS ENGAGED IN THE MANUFACTURE OF CHEMICALS. IT HAS 6 BUSINESS DIVISIONS: - LIFE SCIENCE & ELECTRONIC CHEMICALS - TEXTILE, LEATHER & PAPER CHEMICALS - MASTERBATCHES - PIGMENTS - FUNCTIONAL CHEMICALS - CELLULOSE ETHERS & POLYMERISATES |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
UNITED STATES, MALAYSIA, GERMANY, SINGAPORE AND INDIA. |
EXPORTS TO:
|
NOT AVAILABLE. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
CITY: |
|
|
BASF S/A |
SÃO BERNARDO DO CAMPO/SP |
|
|
BAYER CROPSCIENCE |
SÃO PAULO/SP |
|
|
BOMBRIL S/A |
SÃO BERNARDO DO CAMPO/SP |
|
|
CIA. VALE DO RIO DOCE |
LONDRINA/PR |
|
|
IGL INDUSTRIAL LTDA |
VINHEDO/SP |
|
|
INTERNATINAL PAPER |
MOGI GUAÇU/SP |
|
|
KLABIN S/A |
SÃO PAULO/SP |
|
|
PETROBRAS DISTRIBUIDORA S/A |
RIO DE JANEIRO/RJ |
|
|
PETROBRÁS DISTRIBUIDORA S/A-BR |
RIO DE JANEIRO/RJ |
|
|
PROCOSA PRODUTOS DE BELEZA LTDA |
RIO DE JANEIRO/RJ |
|
|
PROCTER & GAMBLE S/A |
SÃO PAULO/SP |
|
|
RENNER SAYERLACK S/A |
GRAVATAÍ/RS |
|
|
SAMARCO MINERAÇÃO S/A |
MARIANA/MG |
|
|
UNILEVER BRASIL LTDA |
VINHEDO/SP |
|
|
VALE S/A |
NOVA LIMA/MG |
|
|
VICUNHA TÊXTIL S/A |
SÃO PAULO/SP |
|
|
VOTORANTIM CELULOSE E PAPEL S/A |
RIBEIRÃO PRETO/SP |
|
|
STAFF: |
|
|
|
THE COMPANY HAS: 1500 EMPLOYEE(S) |
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY MEMBER OF AN IMPORTANT
MULTINATIONAL GROUP WITH AN EXCELLENT TRADE REPUTATION WORLDWIDE. 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. 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 FOUND IS IRRELEVANT. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
CITY: |
|
|
AIR LIQUIDE |
SÃO PAULO/SP |
|
|
BASF S/A |
SÃO BERNARDO DO CAMPO/SP |
|
|
BUETTNER S/A IND COM |
|
|
|
CARBOCLORO S/A IND. QUÍMICAS |
SÃO PAULO/SP |
|
|
DOW QUÍMICA S/A |
SÃO PAULO/SP |
|
|
EXXON MOBIL QUÍMICA LTDA |
SÃO PAULO/SP |
|
|
FRAMA IND GRAFICA LTDA |
|
|
|
INNOVA S/A |
SÃO PAULO/SP |
|
|
KAPITON CONF LTDA |
|
|
|
LYONDELL QUÍMICA DO BRASIL LTDA |
SÃO PAULO/SP |
|
|
METALÚRGICA BARRA DO PIRAÍ LTDA |
SÃO PAULO/SP |
|
|
OXITENO S/A INDÚSTRIA E COMÉRCIO |
SÃO PAULO/SP |
|
|
RHODIA BRASIL LTDA |
SÃO PAULO/SP |
|
|
ROSELI DA SILVA PASCHOALATTO COM RELOGIOS - EPP |
|
|
|
SOLVAY INDUPA BRASIL S/A |
SÃO PAULO/SP |
|
|
VICK COM PLAST ISOLANTES LTDA |
|
|
|
FOREIGN
SUPPLIERS: |
COUNTRY: |
|
|
AKO NOBEL |
GERMANY |
|
|
BASF SE |
GERMANY |
|
|
BAYER AG |
LUDWIGSHAFE, GERMANY |
|
|
CELANESE LTD |
DALLAS, USA |
|
|
COGNIS OLEOCHEMICALS (M) SDN BHD |
SELANGOR, MALAYSIA |
|
|
ECKART GMBH & CO. |
FUERTH, GERMANY |
|
|
ECOGREEN OLEOCHEMICAL (S) PTE |
SINGAPORE, SINGAPORE |
|
|
GODREJ INDUSTRIES LTD |
MUMBAI, INDIA |
|
|
LANXESS DEUTSCHLAND GMBH |
LEVERKUSEN, GERMANY |
|
|
PROCTER & GAMBLE DISTRIB COMPANY |
NEW MILFORD, USA |
|
|
THE DOW CHEMICAL CORPORATION |
MICHIGAN, USA |
|
|
VASANT CHEMICALS LTD |
BEGUMPET, HYDERABAD, INDIA |
|
|
PAYMENT HISTORY: |
|
35 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 15.522.165,00 |
|
|
|
AMOUNT OF INVOICES PAID: 439 |
|
TOTAL OF PROMPT PAYMENTS: 100% |
|
HIGHEST INVOICE: R$ 172.188,00 |
|
HIGHEST CREDIT: R$ 172.188,00 |
|
|
|
OUTSTANDING INVOICES
DUE WITHIN THE NEXT 30 DAYS: |
|
--------------------------- |
SUPPLIERS: |
INVOICES: |
TOTAL AMOUNT: |
|
DUE WITHIN 30 DAYS |
3 |
5 |
R$ 118.023,71 |
|
THE SUBJECT IS A TRADITIONAL AND WELL-ESTABLISHED COMPANY MEMBER OF AN
IMPORTANT MULTINATIONAL GROUP. IT HAS A HIGH SCALE OF OPERATIONS AND A HUGE
FINANCIAL POWER. BASED ON THE OVERALL 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 SIZE AND FINANCIAL STRENGTH. DUE TO THE SUBJECT HUGE FINANCIAL POWER A MAXIMUM CREDIT WILL NOT BE
FIXED. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 68.81 |
|
|
1 |
Rs. 100.11 |
|
Euro |
1 |
Rs. 73.74 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
DPT |
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.