|
Report No. : |
346359 |
|
Report Date : |
26.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
COMPAGNIA ITALIANA FORME ACCIAIO S.P.A.
NELLA FORMA ESTESA E CIFA S.P.A. NELLA F |
|
|
|
|
Registered Office : |
Via Stati Uniti D'america, 26, 20030 – Senago
(MI) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
20.12.2001 |
|
|
|
|
Legal Form : |
Joint Stock Company with Sole Shareholder. |
|
|
|
|
Line of Business : |
· Manufacture of Moulds, Mould-Holders, Profiles, Shapes for Machines. · Manufacture of Machinery for Mining, Quarrying and Construction |
|
|
|
|
No. of Employees : |
From 251 to 500 |
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 : |
Slow but correct |
|
|
|
|
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) |
|
Italy |
A1 |
A1 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
ITALY - ECONOMIC OVERVIEW
Italy has a diversified economy, which is divided into a developed
industrial north, dominated by private companies, and a less-developed, highly
subsidized, agricultural south, where unemployment is higher. The Italian
economy is driven in large part by the manufacture of high-quality consumer
goods produced by small and medium-sized enterprises, many of them
family-owned. Italy also has a sizable underground economy, which by some
estimates accounts for as much as 17% of GDP. These activities are most common
within the agriculture, construction, and service sectors. Italy is the
third-largest economy in the euro-zone, but its exceptionally high public debt
and structural impediments to growth have rendered it vulnerable to scrutiny by
financial markets. Public debt has increased steadily since 2007, topping 132%
of GDP in 2014, but investor concerns about Italy and the broader euro-zone
crisis eased in 2013, bringing down Italy's borrowing costs on sovereign
government debt from euro-era. The government still faces pressure from
investors and European partners to sustain its efforts to address Italy's
long-standing structural impediments to growth, such as labor market
inefficiencies and tax evasion. In 2014 economic growth and labor market
conditions continued to deteriorate, with overall unemployment rising to 12.2%
and youth unemployment around 40%. Italy's GDP is now nearly 10% below its 2007
pre-crisis level.
|
Source
: CIA |
COMPAGNIA ITALIANA FORME ACCIAIO S.P.A. NELLA FORMA ESTESA E CIFA S.P.A.
NELLA F
Via Stati
Uniti D'america, 26
20030 - Senago (MI)
-IT-
|
Fiscal Code |
: |
02693100121 |
|
Legal Form |
: |
Joint stock company with sole shareholder |
|
start of Activities |
: |
31/12/2006 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
100.000.000/150.000.000 |
|
Number of Employees |
: |
from 251 to 500 |
Manufacture of moulds, mould-holders, profiles, shapes for machines
Manufacture of machinery for mining, quarrying and construction
Legal Form : Joint stock company with sole shareholder
|
Fiscal Code : 02693100121 |
|
Foreign Trade Reg. no. : MI360178 since 19/01/2007 |
|
Chamber of Commerce no. : 423183 of Bergamo |
|
Chamber of Commerce no. : 530167 of Brescia |
|
Chamber of Commerce no. : 1808999 of Milano since 24/05/2006 |
|
Chamber of Commerce no. : 230928 of Mantova |
|
Firms' Register : MI-2006-141009 of Milano |
|
V.A.T. Code : 02693100121 |
|
Establishment date |
: 20/12/2001 |
|
|
Start of Activities |
: 31/12/2006 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 15.080.192 |
|
|
Subscribed Capital |
: 15.080.192 |
|
|
Paid up Capital |
: 15.080.192 |
|
Legal mail : |
CIFA_DG@PEC.IT |
|
|
Ostini |
Carlo |
|
|
Born in Milano |
(MI) |
on 05/02/1971 |
- Fiscal Code : STNCRL71B05F205W |
|
|
Residence: |
Stati Uniti D'america |
, 26 |
- 20030 |
Senago |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
23/09/2011 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Bertocchi |
Giuseppe |
|
|
Born in Manerbio |
(BS) |
on 06/12/1963 |
- Fiscal Code : BRTGPP63T06E884M |
|
|
Residence: |
Don Milano |
, 47 |
- 23880 |
Casatenovo |
(LC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
19/11/2008 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Gandola |
Paolo |
|
|
Born in Como |
(CO) |
on 23/05/1975 |
- Fiscal Code : GNDPLA75E23C933X |
|
|
Residence: |
Pedotti |
, 5 |
- 22020 |
San Fermo della Battaglia |
(CO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
23/09/2011 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Bertocchi |
Giuseppe |
|
|
Born in Manerbio |
(BS) |
on 06/12/1963 |
- Fiscal Code : BRTGPP63T06E884M |
|
|
Residence: |
Don Milano |
, 47 |
- 23880 |
Casatenovo |
(LC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
23/09/2011 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Pirri |
Nicola Alberto Vittorio |
|
|
Born in Milano |
(MI) |
on 24/04/1972 |
- Fiscal Code : PRRNLL72D24F205M |
|
|
Residence: |
Stati Uniti D'america |
, 26 |
- 20030 |
Senago |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
23/09/2011 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Brambati |
Marco |
|
|
Born in Milano |
(MI) |
on 10/09/1964 |
- Fiscal Code : BRMMRC64P10F205A |
|
|
Residence: |
Bolivia |
, 36 |
- 20037 |
Paderno Dugnano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
23/09/2011 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Proni |
Enrico |
|
|
Born in Salisano |
(RI) |
on 24/11/1953 |
- Fiscal Code : PRNNRC53S24H713E |
|
|
Residence: |
Mario Brambilla |
, 13 |
- 20060 |
Pozzuolo Martesana |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
23/09/2011 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Biavati |
Renato Marino |
|
|
Born in Saronno |
(VA) |
on 03/08/1953 |
- Fiscal Code : BVTRTM53M03I441K |
|
|
Residence: |
Monte Sabotino |
, 45 |
- 21047 |
Saronno |
(VA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
09/04/2014 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Pozzani |
Marco |
|
|
Born in Monza |
(MB) |
on 09/01/1964 |
- Fiscal Code : PZZMRC64A09F704P |
|
|
Residence: |
Deledda |
, 23 |
- 20864 |
Agrate Brianza |
(MB) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
19/03/2015 |
|
|
No Protests registered |
|
|
Cortellini |
Mauro Marco |
|
|
Born in Milano |
(MI) |
on 01/06/1964 |
- Fiscal Code : CRTMMR64H01F205M |
|
|
Residence: |
Milano |
, 32 |
- 20089 |
Rozzano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
19/03/2015 |
|
|
No Protests registered |
|
|
Cifa (luxembourg) Holdings S.a.r.l. |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
No Protests registered |
|
|
Du |
Yigang |
|
|
Born in Hunan |
( ) |
on 05/11/1975 |
- Fiscal Code : DUXYNG75S45Z210D |
|
|
Residence: |
Yin Pen South Road |
, 361 |
Changsha - Hunan |
- CN - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/04/2015 |
|
|
Fang |
Minghua |
|
|
Born in Changsha |
( ) |
on 15/07/1957 |
- Fiscal Code : FNGMGH57L15Z210P |
|
|
Residence: |
Yin Pen South Road |
, 361 |
Changsha - Hunan |
- CN - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/04/2015 |
|
|
Cifa (luxembourg) Holdings S.a.r.l. |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole partner |
|
|
No Protests registered |
|
|
Zhang |
Jianguo |
|
|
Born in Changsha - Hunan |
( ) |
on 28/05/1959 |
- Fiscal Code : ZHNJNG59E28Z210N |
|
|
Residence: |
Yin Pen South Road |
, 361 |
Changsha - Hunan |
- CN - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
30/04/2015 |
||
|
Director |
30/04/2015 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Zhan |
Chunxin |
|
|
Born in Hansnou - Hunan |
( ) |
on 06/04/1955 |
- Fiscal Code : ZHNCNX55D06Z210L |
|
|
Residence: |
Yin Pen South Road |
, 361 |
Changsha - Hunan |
- CN - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/04/2015 |
|
|
Cipolla |
Davide |
|
|
Born in Mantova |
(MN) |
on 01/07/1965 |
- Fiscal Code : CPLDVD65L01E897J |
|
|
Residence: |
S. Adeodato |
, 2 |
- 22063 |
Cantu' |
(CO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
30/04/2015 |
||
|
Director |
30/04/2015 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Bertino |
Eugenio |
|
|
Born in Ceva |
(CN) |
on 30/01/1955 |
- Fiscal Code : BRTGNE55A30C589Y |
|
|
Residence: |
Stati Uniti D'america |
, 26 |
- 20030 |
Senago |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
21/10/2013 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Corti |
Delfino |
|
|
Born in Lecco |
(CO) |
on 19/04/1963 |
- Fiscal Code : CRTDFN63D19E507Q |
|
|
Residence: |
Trento |
, 5 |
- 37045 |
Legnago |
(VR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
17/12/2007 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Bertino |
Eugenio |
|
|
Born in Ceva |
(CN) |
on 30/01/1955 |
- Fiscal Code : BRTGNE55A30C589Y |
|
|
Residence: |
Stati Uniti D'america |
, 26 |
- 20030 |
Senago |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
21/10/2013 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Polastri |
Marco |
|
|
Born in Mirandola |
(MO) |
on 20/04/1976 |
- Fiscal Code : PLSMRC76D20F240S |
|
|
Residence: |
Cappelletta Stoffi |
, 31/I |
- 41033 |
Concordia sulla Secchia |
(MO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
19/03/2015 |
|
|
No Protests registered |
|
|
Strelbitskaia |
Anna Marianovna |
|
|
Born in Briansk |
( ) |
on 19/10/1968 |
- Fiscal Code : STRNMR68R59Z135D |
|
|
Residence: |
25 Aprile |
, 4/G |
- 20030 |
Senago |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
19/03/2012 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Vianello |
Andrea |
|
|
Born in Feltre |
(BL) |
on 11/12/1964 |
- Fiscal Code : VNLNDR64T11D530O |
|
|
Residence: |
Stati Uniti D'america |
, 26 |
- 20030 |
Senago |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
03/07/2012 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Piccarreta |
Giovanni |
|
|
Born in Corato |
(BA) |
on 22/08/1970 |
- Fiscal Code : PCCGNN70M22C983Z |
|
|
Residence: |
Delle Forze Armate |
, 260 |
- 20152 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
21/10/2013 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Colombo |
Sergio |
|
|
Born in Tradate |
(VA) |
on 28/10/1971 |
- Fiscal Code : CLMSRG71R28L319X |
|
|
Residence: |
Trieste |
, 5 |
- 21047 |
Saronno |
(VA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
10/01/2014 |
|
|
No Protests registered |
*checkings have been performed on a national scale.
In this module are listed the companies in which members hold or have
holded positions.
|
|
Cipolla |
Davide |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Cifa Mixers Srl |
Castiglione delle Stiviere (MN) - IT - |
01565410204 |
Director |
Withdrawn |
Registered |
|
Cifa Mixers Srl |
Castiglione delle Stiviere (MN) - IT - |
01565410204 |
Managing
Director |
Withdrawn |
Registered |
|
Cifa Mixers Srl |
Castiglione delle Stiviere (MN) - IT - |
01565410204 |
Board Chairman |
Withdrawn |
Registered |
|
Biesse Beton Service S.r.l. |
Villorba (TV) - IT - |
00778140129 |
Director |
Withdrawn |
Registered |
|
Cifa Pumps Srl |
Senago (MI) - IT - |
10388910159 |
Director |
Withdrawn |
Registered |
|
Cifa Pumps Srl |
Senago (MI) - IT - |
10388910159 |
Managing
Director |
Withdrawn |
Registered |
|
Cifa Pumps Srl |
Senago (MI) - IT - |
10388910159 |
Board Chairman |
Withdrawn |
Registered |
|
Valme S.r.l. |
Rogolo (SO) - IT - |
00526890140 |
Director |
Active |
Registered |
|
Valme S.r.l. |
Rogolo (SO) - IT - |
00526890140 |
Board Chairman |
Active |
Registered |
|
Carpenteria S. Antonio Spa |
Senago (MI) - IT - |
02500420167 |
Director |
Withdrawn |
Registered |
|
Compagnia Italiana Forme Acciaio S.p.a Od In Forma Abbreviata Cifa
S.p.a. |
Senago (MI) - IT - |
01795920204 |
Attorney with
special power |
Withdrawn |
Ceased |
|
Stai S.r.l. |
Senago (MI) - IT - |
13195100154 |
Director |
Withdrawn |
Registered |
|
Stai S.r.l. |
Senago (MI) - IT - |
13195100154 |
Managing
Director |
Withdrawn |
Registered |
|
Stai S.r.l. |
Senago (MI) - IT - |
13195100154 |
Board Chairman |
Withdrawn |
Registered |
|
Cifa Worldwide S.p.a. |
Senago (MI) - IT - |
06298540961 |
Managing
Director |
Withdrawn |
Registered |
|
Cifa Worldwide S.p.a. |
Senago (MI) - IT - |
06298540961 |
Director |
Withdrawn |
Registered |
|
Top Carbon S.r.l. |
Faenza (RA) - IT - |
02448880399 |
Director |
Active |
Registered |
|
Top Carbon S.r.l. |
Faenza (RA) - IT - |
02448880399 |
Assistant board
Chairman |
Active |
Registered |
|
|
Zhang |
Jianguo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Cifa Worldwide S.p.a. |
Senago (MI) - IT - |
06298540961 |
Director |
Withdrawn |
Registered |
|
Cifa Worldwide S.p.a. |
Senago (MI) - IT - |
06298540961 |
Board Chairman |
Withdrawn |
Registered |
The indication "REGISTERED" as Firm Status could refer to
Firms in Liquidation, Active, Inactive, etc.
For more information, in this case, we advise to request further
investigations.
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Cifa (luxembourg) Holdings S.a.r.l. |
100,00 |
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares
Amount |
% Ownership |
since |
until |
Share Status |
|
Cifacentro S.p.a. |
Umbertide - IT - |
02434050544 |
120.000 .Eur |
100,00 |
Active |
||
|
Top Carbon S.r.l. |
Faenza - IT - |
02448880399 |
1.732.640 .Eur |
49,00 |
Active |
||
|
Cifa Mixers Srl |
Castiglione delle Stiviere - IT - |
01565410204 |
530.400 .Eur |
100,00 |
Active |
||
|
Valme S.r.l. |
Rogolo - IT - |
00526890140 |
25.822 .Eur |
100,00 |
Active |
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
Stati Uniti D'america |
, 26 |
- 20030 |
- Senago |
(MI) |
- IT - |
|
PHONE |
: 02990131 |
|
FAX |
: 029981157 |
|
Email |
: cifa@cifa.com |
|
Legal mail |
: CIFA_DG@PEC.IT |
|
- |
Branch |
(Store) |
since 31/12/2006 |
|
Stati Uniti D'america |
, 30 |
- 20030 |
- Senago |
(MI) |
- IT - |
|
Email |
: CIFA_DG@PEC.IT |
|
- |
Branch |
(Store) |
since 31/12/2006 |
|
Stati Uniti D'america |
, 22 |
- 20030 |
- Senago |
(MI) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 31/12/2006 |
|
De Gasperi |
, 11/13 |
- 20030 |
- Senago |
(MI) |
- IT - |
|
- |
Branch |
(office) |
since 31/12/2006 |
|
Per Solferino |
, 36 |
- 46043 |
- Castiglione delle Stiviere |
(MN) |
- IT - |
|
- |
Branch |
(Factory) |
since 31/12/2013 |
|
Enrico Fermi |
, 14 |
- 24050 |
- Zanica |
(BG) |
- IT - |
|
Employees |
: 424 |
|
Fittings and Equipment for a value of 8.600.000 |
Eur |
|
Stocks for a value of 37.260.000 |
Eur |
Traded Brands / Suppliers
|
- BIESSE BETON SERVICE SRL |
|
- EFFE 2 SERVICE SRL |
|
- CARPENTERIA S. ANTONIO SPA |
|
- RECOIL SRL |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Project of merging by taking over of |
|
Compagnia
Italiana Forme Acciaio S.p.a Od In Forma Abbreviata Cifa S.p.a. |
|
|
Stati Uniti D'america |
, 26 |
, 20030 |
, Senago |
(MI) |
- IT - |
|
|
Fiscal Code: 01795920204 |
|
|
Date |
Merging/splitting-up project: |
22/09/2006 |
|
|
The firm absorbed by merging of |
|
Compagnia
Italiana Forme Acciaio S.p.a Od In Forma Abbreviata Cifa S.p.a. |
|
|
Stati Uniti D'america |
, 26 |
, 20030 |
, Senago |
(MI) |
- IT - |
|
|
Fiscal Code: 01795920204 |
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|
Date |
: |
15/12/2006 |
|
|
Project of merging by taking over of |
|
Cifa Pumps Srl |
|
|
Stati Uniti D'america |
, 26 |
, 20030 |
, Senago |
(MI) |
- IT - |
|
|
Fiscal Code: 10388910159 |
|
|
Date |
Merging/splitting-up project: |
25/10/2011 |
|
|
Resolution of merging of |
|
Cifa Pumps Srl |
|
|
Stati Uniti D'america |
, 26 |
, 20030 |
, Senago |
(MI) |
- IT - |
|
|
Fiscal Code: 10388910159 |
|
|
Date |
: |
01/12/2011 |
|
|
The firm absorbed by merging of |
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Cifa Pumps Srl |
|
|
Stati Uniti D'america |
, 26 |
, 20030 |
, Senago |
(MI) |
- IT - |
|
|
Fiscal Code: 10388910159 |
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|
Date |
: |
21/02/2012 |
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Project of merging by taking over of |
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Carpenteria S.
Antonio Spa |
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|
Stati Uniti D'america |
, 26 |
, 20030 |
, Senago |
(MI) |
- IT - |
|
|
Fiscal Code: 02500420167 |
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|
Date |
Merging/splitting-up project: |
17/06/2013 |
|
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The firm absorbed by merging of |
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Carpenteria S.
Antonio Spa |
|
|
Stati Uniti D'america |
, 26 |
, 20030 |
, Senago |
(MI) |
- IT - |
|
|
Fiscal Code: 02500420167 |
|
|
Date |
: |
11/12/2013 |
Protests checking on the subject firm has given a negative result.
Search performed on a National Scale
|
Prejudicial Events Search Result: NEGATIVE |
Search performed on a specialized data base.
None reported, standing to the latest received edition of the Official Publications.
The firm operates with:
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
|
INTESA SANPAOLO SPA |
3069 |
0 |
||||
|
BANK OF COMMUNICATION COMPANY LTD |
FRANCOFORTE |
|||||
|
BANK OF CHINA LTD |
Subject is active since 2006
Balance sheets for the years 2012, 2013 and 2014 were analyzed.
Unstable economic results mark the company's financial state of affairs.
; in the last financial year a loss was registered (r.o.e. -13,21%)
A loss is registered as to the operating result (-6,26%).
The amount of the operating loss for 2014 is equal to Eur. -35.010.983.
At the end of the latest financial year, a negative gross operating margin
of Eur. -2.786.119 was registered.
The company has an excellent net worth if compared to its debts, with a
low indebtedness (0,49) increasing compared to last year (0,34)
The equity capital is equal to Eur. 152.228.058 , unchanged if compared
to 2013.
During the last financial year debts totalled Eur. 374.357.049 (Eur.
288.100.000 of which were m/l term debts) on the same levels as the year
before.
Both financial indebtedness as well as exsposure to suplliers are rated
as fairly high besides being higher than sector's average.
Liquidity is however good.
Credits are collected in 74,17 days on the average. , a value lower than
the sector's average.
As far as the cash flow is concerned during the latest financial year it
amounted to Eur. 11.418.944
In the last financial year labour cost was of Eur. 24.451.575, with a
14,6% incidence on total costs of production. , whereas the incidence of such
costs on sales revenues is equal to 20,74%.
High incidence of financial charges on turnover.
|
|
Complete balance-sheet for the year |
al 31/12/2014 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
117.869.396 |
|
Profit (Loss) for the period |
-20.114.100 |
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
120.809.368 |
|
Profit (Loss) for the period |
3.405.325 |
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
142.363.183 |
|
Profit (Loss) for the period |
-468.488 |
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
139.517.379 |
|
Profit (Loss) for the period |
1.192.485 |
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
126.781.884 |
|
Profit (Loss) for the period |
-21.830.599 |
From our constant monitoring of the relevant Public Administration
offices, no more recent balance sheets result to have been filed.
|
- Balance Sheet as at 31/12/2014 - 12 Mesi - Currency: - Amounts x 1 |
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- Balance Sheet as at 31/12/2013 - 12 Mesi - Currency: - Amounts x 1 |
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- Balance Sheet as at 31/12/2012 - 12 Mesi - Currency: - Amounts x 1 |
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RATIOS |
Value Type |
as at 31/12/2014 |
as at 31/12/2013 |
as at 31/12/2012 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|||||
|
Rigidity Ratio |
Units |
0,71 |
0,71 |
0,64 |
0,18 |
|
Elasticity Ratio |
Units |
0,28 |
0,29 |
0,36 |
0,80 |
|
Availability of stock |
Units |
0,07 |
0,07 |
0,06 |
0,24 |
|
Total Liquidity Ratio |
Units |
0,22 |
0,22 |
0,30 |
0,48 |
|
Quick Ratio |
Units |
0,02 |
0,02 |
0,04 |
0,03 |
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COMPOSITION ON
SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
0,49 |
0,34 |
0,41 |
3,25 |
|
Self Financing Ratio |
Units |
0,27 |
0,29 |
0,28 |
0,19 |
|
Capital protection Ratio |
Units |
1,03 |
0,88 |
0,91 |
0,63 |
|
Liabilities consolidation quotient |
Units |
3,37 |
4,39 |
3,32 |
0,19 |
|
Financing |
Units |
2,46 |
2,23 |
2,36 |
3,80 |
|
Permanent Indebtedness Ratio |
Units |
0,79 |
0,81 |
0,79 |
0,36 |
|
M/L term Debts Ratio |
Units |
0,52 |
0,53 |
0,51 |
0,11 |
|
Net Financial Indebtedness Ratio |
Units |
1,92 |
1,79 |
1,69 |
0,63 |
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CORRELATION |
|||||
|
Fixed assets ratio |
Units |
1,11 |
1,15 |
1,23 |
1,75 |
|
Current ratio |
Units |
1,85 |
2,40 |
2,33 |
1,21 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,41 |
1,85 |
1,95 |
0,81 |
|
Structure's primary quotient |
Units |
0,38 |
0,40 |
0,44 |
1,03 |
|
Treasury's primary quotient |
Units |
0,14 |
0,19 |
0,25 |
0,06 |
|
Rate of indebtedness ( Leverage ) |
% |
367,63 |
347,69 |
357,13 |
516,42 |
|
Current Capital ( net ) |
Value |
72.891.047 |
92.836.545 |
112.869.418 |
422.465 |
|
RETURN |
|||||
|
Return on Sales |
% |
9,69 |
31,83 |
19,44 |
3,35 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
-13,21 |
2,14 |
-0,30 |
5,13 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
-13,11 |
1,03 |
2,14 |
14,77 |
|
Return on Investment ( R.O.I. ) |
% |
-6,26 |
-7,69 |
-3,17 |
4,16 |
|
Return/ Sales |
% |
-29,70 |
-35,18 |
-12,31 |
4,11 |
|
Extra Management revenues/charges incid. |
% |
n.c. |
n.c. |
n.c. |
28,57 |
|
Cash Flow |
Value |
11.418.944 |
38.447.896 |
27.672.766 |
122.482 |
|
Operating Profit |
Value |
-35.010.983 |
-42.495.214 |
-17.523.369 |
144.752 |
|
Gross Operating Margin |
Value |
-2.786.119 |
-6.890.484 |
11.328.212 |
241.990 |
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MANAGEMENT |
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|
Credits to clients average term |
Days |
74,17 |
57,89 |
82,25 |
111,85 |
|
Debts to suppliers average term |
Days |
193,98 |
153,88 |
182,16 |
128,30 |
|
Average stock waiting period |
Days |
113,80 |
108,08 |
81,50 |
80,43 |
|
Rate of capital employed return ( Turnover ) |
Units |
0,21 |
0,22 |
0,26 |
1,08 |
|
Rate of stock return |
Units |
3,16 |
3,33 |
4,42 |
4,45 |
|
Labour cost incidence |
% |
20,74 |
23,05 |
14,73 |
19,12 |
|
Net financial revenues/ charges incidence |
% |
-2,15 |
-4,88 |
12,89 |
-1,08 |
|
Labour cost on purchasing expenses |
% |
14,60 |
15,44 |
11,09 |
19,02 |
|
Short-term financing charges |
% |
0,72 |
1,72 |
2,64 |
2,68 |
|
Capital on hand |
% |
474,80 |
457,48 |
388,49 |
91,91 |
|
Sales pro employee |
Value |
154.279 |
138.861 |
387.910 |
198.432 |
|
Labour cost pro employee |
Value |
32.004 |
32.002 |
57.120 |
35.779 |
1) Protests checking (relative to the last five years) performed by
crossing and matching the members names and the Firm's Style with the reported
addresses, is supplied by the Informatic Registry managed by the Italian
Chamber of Commerce. If the fiscal code is not indicated, the eventual
homonymous cases are submitted to expert staff evaluation in order to limit
wrong matching risks.
2) The Legal Data, supplied and retrived from the Firm's Registry of the
Italian Chamber of Commerce, are in line with the last registered
modifications.
3) Risk evaluation and Credit Opinion have been performed on the base of
the actual data at the moment of their availability.
|
Population living in the province |
: |
3.839.216 |
|
Population living in the region |
: |
9.393.092 |
|
Number of families in the region |
: |
3.858.736 |
Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
460 |
|
- per non food products |
: |
2.090 |
|
- per energy consume |
: |
114 |
The values are calculated on a base of 1.206 significant companies.
The companies cash their credits on an average of 112 dd.
The average duration of suppliers debts is about 128 dd.
The sector's profitability is on an average of 3,35%.
The labour cost affects the turnover in the measure of 19,12%.
Goods are held in stock in a range of 80 dd.
The difference between the sales volume and the resources used to
realize it is about 1,08.
The employees costs represent the 19,02% of the production costs.
Statistcally the trade activity shows periods of crisis.
The area is statistically considered lowly risky.
In the region 50.886 protested subjects are found; in the province they
count to 24.765.
The insolvency index for the region is 0,55, , while for the province it
is 0,66.
Total Bankrupt companies in the province : 22.523.
Total Bankrupt companies in the region : 39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.88 |
|
|
1 |
Rs.99.89 |
|
Euro |
1 |
Rs.72.06 |
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
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|
Report Prepared
by : |
NIT |
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.