MIRA INFORM REPORT

 

 

Report No. :

338053

Report Date :

07.09.2015

 

IDENTIFICATION DETAILS

 

Name :

COOP GENOSSENSCHAFT

 

 

Registered Office :

Thiersteinerallee 12, Postfach 2550, 4002 Basel/BS

 

 

Country :

Switzerland

 

 

Date of Incorporation :

2013

 

 

Com. Reg. No.:

270.5.000.484-1

 

 

Legal Form :

Cooperative society

 

 

Line of Business :

  • Retail sale in non-specialised stores with food, beverages or tobacco predominating
  • Retail sale of computers, peripheral units and software in specialised stores
  • Retail sale of telecommunications equipment in specialised stores
  • Retail sale of audio and video equipment in specialised stores
  • Retail sale of textiles in specialised stores
  • Retail sale of furniture, lighting equipment and other household articles in specialised stores

 

 

No. of Employee :

26,820

 

 

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)

Switzerland

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 

SWITZERLAND - ECONOMIC OVERVIEW

 

Switzerland is a peaceful, prosperous, and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies.

The Swiss have brought their economic practices largely into conformity with the EU's to enhance their international competitiveness, but some trade protectionism remains, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled demand for Swiss exports and put Switzerland into a recession. During this period, the Swiss National Bank (SNB) implemented a zero-interest rate policy to boost the economy, as well as to prevent appreciation of the franc, and Switzerland's economy began to recover in 2010.

The sovereign debt crises unfolding in neighboring euro-zone countries, however, coupled with ongoing economic instability in Russia and other eastern European economies continue to pose a significant risk to the Swiss economy, driving up demand for the Swiss franc by investors seeking a safe-haven currency. In January 2015, the SNB abandoned the Swiss franc’s peg to the Euro, roiling global currency markets and making active SNB intervention a necessary hallmark of present-day Swiss monetary policy. The independent SNB has upheld its zero interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell below 2% per year from 2011-14.

In recent years, Switzerland has responded to increasing pressure from neighboring countries and trading partners to reform its banking secrecy laws, by agreeing to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The Swiss government has also renegotiated its double taxation agreements with numerous countries, including the US, to incorporate OECD standards, and is openly considering the possibility of imposing taxes on bank deposits held by foreigners.

 

Source : CIA

 


With regard to your request on

 

COOP COOPERATIVE ACCOUNTING/ INVOICE VERIFICATION

PO BOX NO 2550 4002 BASEN

ALWAYS INCLUDE FULL LINE OF BUSINESS ALONGWITH NAMES OF PRODUCTS MANUFACTURED / TRADED BY THE SUBJECT AS THIS IS REQUIRED BY OUR CLIENT SPECIFICALLY.

 

Comments about your request

 

Please Note: "COOP COOPERATIVE" is the english Translation of COOP GENOSSENSCHAFT. "ACCOUNTING / INVOICE VERIFICATION" is the Name of a Department of COOP GENOSSENSCHAFT.

 

 

Company name

 

COOP GENOSSENSCHAFT

 

 

Address

 

Thiersteinerallee 12

Postfach 2550

4002 Basel/BS

Switzerland/CH

 

Telephone:                   061 3366666

Fax:                             061 3366040

 

Web site:                      http://www.coop.ch

E-mail:                         info@coop.ch

 

WIN Worldbox No.:       CH0009810948

VAT-No.:                      CHE-116.311.185 MWST

UID-No.:                       CHE302816540

 

 

Profile

 

Established:                 2013

Line of Business:          Consumer markets/Department stores, Retail stores

Industry Division:          Retail trade

Industry-code (NACE):  4711       Retail sale in non-specialised stores with food, beverages or tobacco predominating

                                    4741       Retail sale of computers, peripheral units and software in specialised stores

                                    4742       Retail sale of telecommunications equipment in specialised stores

                                    4743       Retail sale of audio and video equipment in specialised stores

                                    4751       Retail sale of textiles in specialised stores

                                    4759       Retail sale of furniture, lighting equipment and other household articles in specialised stores

Import/Export:              Import

Banks:                          unknown

 

 

Operational Figures

 

Coverage:                    Company

Employees:                  20,000-39,999

Sales:                          CHF 10 Bil +

 

 

Activity

 

The company is one of the largest Retailsaler in Switzerland. The business includes the operation of all outlets of the Coop Group. These include various companies which offer daily used consumer goods, in the food and the non-food area. The sales network contains 1'933 shops with a sales area of ​​1'777'800 m2 which are present under the following formats on the market:

- Coop supermarket

- Coop City

- Coop Bau & Hobby

- Coop Pronto

- Coop Restaurant

- Coop Vitality

- Coop Tankstellen

- InterDiscount

- microspot.ch

- toptip

- Limimart

- Import perfumeries

- Christ Uhren & Schmuck

- The Body Shop

- Perpiedi

- nettoshop.ch

- Marche Restaurants

 

 

Real Estate

 

Real Estate:                  The company owns extensive property.

 

 

Company Register

 

Company No:               270.5.000.484-1

UID-No.:                       CHE302816540

Legal form:                   Cooperative society

Registration:                 06.05.2013

Legal status:                 active

Responsible Register:   Handelsregister des Kantons Basel-Stadt

History:                        Date of Incorporation Statutes: 11.04.2013

 

Entry          Deleted      Name

06.05.2013                    Coop Genossenschaft

06.05.2013                    Coop Società Cooperativa (Name translated)

06.05.2013                    Coop Société Coopérative (Name translated)

06.05.2013                    Coop Cooperative (Name translated)

 

Entry          Deleted      Legal domicile

06.05.2013                    Basel, Switzerland

 

Entry          Deleted      Address

06.05.2013                    Thiersteinerallee 12, 4053 Basel/BS, Switzerland/CH

 

Entry          Deleted      Remarks

06.05.2013                    Contribution in kind/Asset takeover: At Fundation, the cooperative takes overt a part of the assets and liabilities of Coop Cooperative (new operating under the name Coop Cooperative Group), Basel (CH-550.0.045.526-9), namely the retail division, according to an agreement dated 12.04.2013 and take over balance sheet by 31.12.2012:

Assets: CHF  6'978'988'567.70

Liabilities: CHF 2'317'282'552.13

Take over Preis: CHF 4'561'706'015.57

 

Entry          Deleted      Branches

active                           Rudolf Diesel-Strasse 25, 8404 Winterthur/ZH, Switzerland/CH

active                           Bernstrasse 90, 3303 Jegenstorf/BE, Switzerland/CH

active                           St. Gallerstrasse 180, Postfach 53, 8411 Winterthur/ZH, Switzerland/CH

active                           Industriestrasse 17, Postfach, 4612 Wangen bei Olten/SO, Switzerland/CH

active                           Köllikerstrasse 80, 5036 Oberentfelden/AG, Switzerland/CH

 

 

Official Administration

 

Title                                           Name

President                                    Hans Ulrich (Hansueli) Loosli

                                                  Citizen: Wyssachen, Switzerland

                                                  Residential address: Würenlos, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Vice-President                            Dr. Irene Kaufmann

                                                  Citizen: Zürich, Switzerland

                                                  Residential address: Zürich, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Director                                      Peter Eisenhut

                                                  Citizen: Wald AR, Switzerland

                                                  Residential address: Schachen, Switzerland

                                                  without signature

                                                  Registered since: 06.05.2013

Director                                      Michela Ferrari-Testa

                                                  Citizen: Capriasca, Switzerland

                                                  Residential address: Tesserete, Switzerland

                                                  without signature

                                                  Registered since: 06.05.2013

Director                                      Hans Jürg Käser

                                                  Citizen: Madiswil, Switzerland

                                                  Residential address: Hauenstein, Switzerland

                                                  without signature

                                                  Registered since: 06.05.2013

Director                                      Beth Krasna Casella

                                                  Citizen: Genf, Switzerland

                                                  Residential address: Chêne-Bougeries, Switzerland

                                                  without signature

                                                  Registered since: 06.05.2013

Director                                      Roman Kuhn

                                                  Citizen: Wohlen AG, Switzerland

                                                  Residential address: Aarau, Switzerland

                                                  without signature

                                                  Registered since: 06.05.2013

Director                                      Lillia Rebsamen-Sala

                                                  Citizen: Kirchberg SG, Switzerland

                                                  Residential address: Adligenswil, Switzerland

                                                  without signature

                                                  Registered since: 06.05.2013

Director                                      Bernard Rüeger

                                                  Citizen: Trüllikon, Switzerland

                                                  Residential address: Féchy, Switzerland

                                                  without signature

                                                  Registered since: 06.05.2013

Director                                      Giusep Valaulta

                                                  Citizen: Rueun, Switzerland

                                                  Residential address: Ittigen, Switzerland

                                                  without signature

                                                  Registered since: 06.05.2013

 

 

Management

 

Title                                           Name

Chairman of the management      Joos Rudolf Sutter

                                                  Citizen: Safiental, Switzerland

                                                  Residential address: Schüpfen, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member of the management        Jean-Marc Chapuis

                                                  Citizen: Bonfol, Switzerland

                                                  Residential address: Le Landeron, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member of the management        Reto Conrad

                                                  Citizen: Davos, Switzerland

                                                  Residential address: Binningen, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member of the management        Leo Pius Ebneter

                                                  Citizen: Häggenschwil, Switzerland

                                                  Residential address: Lömmenschwil, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member of the management        Daniel Stucker

                                                  Citizen: Bowil, Switzerland

                                                  Residential address: Meilen, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Deputy chairman of the management   Philipp Wyss

                                                  Citizen: Büron, Switzerland

                                                  Residential address: Schenkon, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Company Secretary                     Dr. Alfred Jürg Hubler

                                                  Citizen: Bätterkinden, Switzerland

                                                  Residential address: Basel, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member with signing authority      Heinrich Beer

                                                  Citizen: Trub, Switzerland

                                                  Residential address: Burgdorf, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member with signing authority      Livio Bontognali

                                                  Citizen: Poschiavo, Switzerland

                                                  Residential address: Gossau/SG, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member with signing authority      Ivo Dietsche

                                                  Citizen: Oberriet SG, Switzerland

                                                  Residential address: Birwinken, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member with signing authority      Stefano Donzelli

                                                  Citizen: Bodio, Switzerland

                                                  Residential address: Villars-sur-Glâne, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member with signing authority      Daniel Peter Hintermann

                                                  Citizen: Beinwil am See, Switzerland

                                                  Residential address: Wohlen bei Bern, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member with signing authority      Sébastien Jacquet

                                                  Citizen: Haute-Sorne, Switzerland

                                                  Residential address: Bevaix, Switzerland

                                                  joint signature of two

                                                  Registered since: 18.06.2013

Member with signing authority      Nicolas Kirsch

                                                  Citizen: Isérables, Switzerland

                                                  Residential address: Le Mont-sur-Lausanne/VD, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member with signing authority      Victor Manuel Martinez Porteiro

                                                  Citizen: Spain

                                                  Residential address: Ostermundigen, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member with signing authority      Sissigno Murgia

                                                  Citizen: Italy

                                                  Residential address: Bons-en-Chablais, France

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member with signing authority      Nathalie Ravasio

                                                  Citizen: Germany

                                                  Residential address: Deitingen, Switzerland

                                                  joint signature of two

                                                  Registered since: 02.06.2014

Member with signing authority      Domenico Repetto

                                                  Citizen: Muri bei Bern, Switzerland

                                                  Residential address: Burgdorf, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member with signing authority      Peter Schmid

                                                  Citizen: Rubigen, Switzerland

                                                  Residential address: Toffen, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member with signing authority      Philippe Etienne Joseph Sublet

                                                  Citizen: Eschlikon, Switzerland

                                                  Residential address: Château-d'Oex, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member with signing authority      Fritz Andreas Ulmann

                                                  Citizen: Trub, Switzerland

                                                  Residential address: Hochdorf, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member with signing authority      Roger Vogt

                                                  Citizen: Wangen SZ, Switzerland

                                                  Residential address: Buchs/ZH, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member with signing authority      Daniel Woodtli

                                                  Citizen: Wangen bei Olten, Switzerland

                                                  Residential address: Rickenbach/SO, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member with signing authority      Beat Zaugg

                                                  Citizen: Trub, Switzerland

                                                  Residential address: Belp, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

Member with signing authority      Josef Zettel

                                                  Citizen: Altbüron, Switzerland

                                                  Residential address: Hohenrain, Switzerland

                                                  joint signature of two

                                                  Registered since: 06.05.2013

 

 

External Positions

 

Title                                           Name

Auditor                                               PricewaterhouseCoopers AG

                                                  Residential address: Basel, Switzerland

                                                  Id: CHE-393.441.652

                                                  Registered since: 06.05.2013

 

 

Executive board

 

Title                                           Name

Chief Executive Officer               Joos Rudolf Sutter

Chief Financial Officer                 Reto Conrad

Chief Marketing Officer, Chief Purchase Officer            Philipp Wyss

Chief Sales Officer                      Daniel Stucker

Chief Business Segment Officer  Jean-Marc Chapuis

Chief Logistics Officer                Leo Pius Ebneter

 

 

Ultimate Parent Company

 

Name:                          Coop-Gruppe Genossenschaft

City/Country:                Basel/BS, Switzerland/CH

 

 

Direct owner/-s

 

No. of owner/-s:            1

Owner:                         The company is domestic owned.

 

Class:                          100%

Name:                          Coop-Gruppe Genossenschaft

City/Country:                Basel/BS, Switzerland/CH

Interest:                        100,00% voting right, 100,00% capital interest (since 06.05.2013)

 

 

Sisters

 

Name:                          Bell AG

City/Country:                Basel/BS, Switzerland/CH

 

Name:                          CapCo AG

City/Country:                Vaduz, Liechtenstein/LI

 

Name:                          Coop Mineraloel AG

City/Country:                Allschwil/BL, Switzerland/CH

 

Name:                          Coop Tagungszentrum, Centre de congrès Coop, Centro di congresso Coop (Stiftung von Bernhard Jaeggi)

City/Country:                Muttenz/BL, Switzerland/CH

 

Name:                          Coop Vitality AG

City/Country:                Bern/BE, Switzerland/CH

 

Name:                          Panflor AG

City/Country:                Zürich/ZH, Switzerland/CH

 

Name:                          railCare AG

City/Country:                Härkingen/SO, Switzerland/CH

 

Name:                          Retail Marketing Switzerland AG

City/Country:                Basel/BS, Switzerland/CH

 

Name:                          RS Vertriebs AG

City/Country:                St. Gallen/SG, Switzerland/CH

 

Name:                          Swisscare GmbH

City/Country:                Konstanz, Germany/DE

 

Name:                          Transgourmet Central and Eastern Europe AG

City/Country:                Basel/BS, Switzerland/CH

 

Name:                          Transgourmet Holding AG

City/Country:                Basel/BS, Switzerland/CH

 

 

Financial Data Coop Genossenschaft

 

Consolidation:              unconsolidated

Industry:                       Trade/Industry

 

Fiscal year end:                                     31.12.2014        31.12.2013

Number of months:                                      12                    12

Currency:                                                mil. CHF           mil. CHF

 

Net sales                                                    10,636.0           10,560.0

 

Employees  at year end                                 26,820              26,283

Employees inland                                          26,820              26,283

Employees abroad                                                0                      0

Offices                                                              837                   828

 

 

Financial Data (GROUP)

Coop-Gruppe Genossenschaft

 

Consolidation:              consolidated

Industry:                       Trade/Industry

 

Fiscal year end:                                     31.12.2014        31.12.2013        31.12.2012        31.12.2011        31.12.2010

Number of months:                                      12                    12                    12                    12                    12

Currency:                                                mil. CHF           mil. CHF           mil. CHF           mil. CHF           mil. CHF

Statement norm:                                   Local GAAP      Local GAAP     Local GAAP      Local GAAP     Local GAAP

 

 

Balance Sheet

 

Intangible fixed assets                                  1,309.0             1,228.0             1,463.0             1,633.0             1,101.0

Land and buildings                                       6,835.0             8,564.0             8,333.0             8,330.0             6,191.0

Other tangible fixed assets                           3,416.0             1,395.0             1,494.0             1,553.0             1,285.0

Tangible fixed assets                                  10,251.0             9,959.0             9,827.0             9,883.0             7,476.0

Financial fixed assets                                      294.0                304.0                311.0                261.0             1,170.0

Fixed assets                                              11,854.0           11,491.0           11,601.0           11,777.0             9,747.0

 

Stocks                                                         2,810.0             2,718.0             2,622.0             2,581.0             1,942.0

Trade accounts receivable                               888.0                909.0                938.0                951.0                552.0

Cash & Cash Equivalents                              1,178.0             1,513.0                929.0                442.0             1,762.0

Securities                                                         15.0                  23.0                 89.0                130.0                110.0

other trade accounts                                        342.0                323.0                367.0                282.0                217.0

Accruals                                                         354.0                340.0                334.0                329.0                294.0

Other current assets                                      1,889.0             2,199.0             1,719.0             1,183.0             2,383.0

Current assets                                             5,587.0             5,826.0             5,279.0             4,715.0             4,877.0

 

Total assets                                               17,441.0           17,317.0           16,880.0           16,492.0           14,624.0

 

Other shareholders funds                              7,665.0             7,347.0             6,892.0             6,436.0             6,080.0

Total shareholders equity                            7,665.0             7,347.0             6,892.0             6,436.0             6,080.0

 

Minority interests                                             424.0                390.0                370.0                350.0                331.0

long term debt (financial debts)                     3,712.0             3,397.0             3,685.0             3,551.0             3,681.0

Provisions                                                    1,069.0             1,043.0             1,084.0             1,022.0             1,078.0

Non current liabilities                                  4,781.0             4,440.0             4,769.0             4,573.0             4,759.0

 

short term debt (financial debts)                    1,041.0             1,443.0             1,187.0             1,529.0             1,005.0

Trade accounts payable                                1,882.0             1,977.0             2,242.0             2,224.0             1,326.0

Provisions                                                      327.0                364.0                313.0                304.0                140.0

Accruals                                                         936.0                970.0                628.0                598.0                562.0

other accounts payable                                   385.0                386.0                479.0                478.0                421.0

other current liabilities                                   1,648.0             1,720.0             1,420.0             1,380.0             1,123.0

Current liabilities                                         4,571.0             5,140.0             4,849.0             5,133.0             3,454.0

 

Shareh. equity, min. int. & liabilities          17,441.0           17,317.0           16,880.0           16,492.0           14,624.0

 

 

Profit and loss account

 

Net sales                                                    27,163.0           26,967.0           26,731.0           26,640.0           18,965.0

Other operating revenue                                1,015.0             1,020.0             1,003.0                975.0                788.0

Operating revenue                                     28,178.0           27,987.0           27,734.0           27,615.0           19,753.0

 

Cost of goods sold                                    19,432.0           19,197.0           18,980.0           18,941.0           12,480.0

Gross profit                                                 8,746.0             8,790.0             8,754.0             8,674.0             7,273.0

Other operating expenses                             7,914.0             7,993.0             8,019.0             7,963.0             6,563.0

Operating result                                             832.0                797.0                735.0                711.0                710.0

 

Interest revenues                                               10.0                  13.0                 14.0                  17.0                 29.0

other financial revenues                                       8.0                  20.0                 55.0                131.0                 52.0

Financial income                                               18.0                  33.0                 69.0                148.0                 81.0

Interest expenses                                              90.0                114.0                116.0                140.0                123.0

other financial expenses                                      7.0                   8.0                   9.0                  94.0                 15.0

Financial expenses                                            97.0                122.0                125.0                234.0                138.0

Financial result                                                 -79.0                 -89.0                -56.0                 -86.0                -57.0

Result before extraordinary items                   753.0                708.0                679.0                625.0                653.0

 

Extraordinary income                                                                  0.0                   0.0                   0.0                 40.0

Extraordinary expenses                                                              0.0                   0.0                   0.0                 16.0

Extraordinary Result                                            0.0                   0.0                   0.0                   0.0                 24.0

Result before taxes                                         753.0                708.0                679.0                625.0                677.0

 

Taxes                                                             187.0                160.0                148.0                122.0                144.0

Result before minority interests                        566.0                548.0                531.0                503.0                533.0

minority interests                                               96.0                  86.0                 79.0                  71.0                 63.0

Result for the financial year                            470.0                462.0                452.0                432.0                470.0

 

 

Cash flow

 

Depreciation                                                 1,131.0             1,177.0             1,193.0                881.0                742.0

Cash flow                                                     1,697.0             1,725.0             1,724.0             1,384.0             1,275.0

Cash flow from operating activities                1,551.0             1,667.0             1,711.0             1,761.0             1,709.0

Investments in tangible fixed assets              1,209.0                989.0                854.0             1,399.0                286.0

Cash flow from investing activities               -1,700.0               -965.0               -950.0            -3,116.0               -653.0

Cash flow from financing activities                  -166.0               -116.0               -275.0                  40.0                211.0

Others                                                             -20.0                  -2.0                   2.0                  -5.0                  -2.0

Change in liquidity                                          -335.0                584.0                488.0            -1,320.0             1,265.0

Liquidity at beginning of the year                   1,513.0                929.0                442.0             1,762.0                497.0

Liquidity at end of the year                            1,178.0             1,513.0                930.0                442.0             1,762.0

 

 

Notes

 

Material costs                                             19,432.0           19,197.0           18,980.0           18,941.0           12,480.0

Cost of employees                                       4,075.0             4,028.0             4,009.0             3,998.0             3,141.0

Added value                                                 6,049.0             6,027.0             5,997.0             5,644.0             4,683.0

Working Capital                                            1,816.0             1,650.0             1,318.0             1,308.0             1,168.0

Net Current Assets                                        1,016.0                686.0                430.0               -418.0             1,423.0

Sales per Employee                                            0.4                   0.4                   0.4                   0.4                   0.4

Gross cost land and buildings                     11,428.0           14,396.0           13,843.0           13,344.0           10,422.0

Gross cost other tangible fixed assets         19,865.0             4,564.0             4,381.0             4,190.0             3,482.0

Gross cost total                                          31,293.0           18,960.0           18,224.0           17,534.0           13,904.0

Insurance value total                                                           17,274.0           17,629.0           16,788.0           13,289.0

 

Employees  at year end                                 77,087              74,955              75,309              75,296              53,559

Full time units at year end                              66,125              64,399              64,416              64,507              43,925

Employees inland                                          77,087              74,955              75,309              75,296              53,559

Employees abroad                                                0                      0                      0                      0                      0

 

Offices                                                           2,022                2,022                2,017                1,991                1,915

Offices inland                                                 2,022                2,022                2,017                1,991                1,915

Offices abroad                                                      0                      0                      0                      0                      0

 

 

Investments

 

Class:                          100%

Name:                          Betty Bossi AG

City/Country:                Zürich/ZH, Switzerland/CH

Interest:                        100,00% voting right, 100,00% capital interest

 

Class:                          100%

Name:                          Coop Immobilien AG

City/Country:                Bern/BE, Switzerland/CH

Interest:                        100,00% voting right, 100,00% capital interest

 

Class:                          100%

Name:                          Dipl. Ing. Fust AG

City/Country:                Oberbüren/SG, Switzerland/CH

Interest:                        100,00% voting right, 100,00% capital interest

 

Class:                          100%

Name:                          Pearlwater Mineralquellen AG

City/Country:                Termen/VS, Switzerland/CH

Interest:                        100,00% voting right, 100,00% capital interest

 

Class:                          100%

Name:                          The Body Shop Switzerland AG

City/Country:                Uster/ZH, Switzerland/CH

Interest:                        100,00% voting right, 100,00% capital interest

 

Class:                          50-100%

Name:                          Tropenhaus Wolhusen AG

City/Country:                Wolhusen/LU, Switzerland/CH

Interest:                        94,31% voting right, 94,31% capital interest

 

Class:                          50-100%

Name:                          Tropenhaus Frutigen AG

City/Country:                Frutigen/BE, Switzerland/CH

Interest:                        69,05% voting right, 69,05% capital interest

 

Class:                          30-39%

Name:                          Parking des Remparts SA

City/Country:                La Tour-de-Peilz/VD, Switzerland/CH

Interest:                        33,33% voting right, 33,33% capital interest (since 13.07.2012)

 

 

Legal Actions

 

Control date       Year                       No.             Amount CHF     Status

14.01.2015          2015                           0                                      Legal actions

31.12.2014          2014                         14              12,223,959.--     Opposition filed

31.12.2013          2013                           1                         110.--     Paid legal actions

31.12.2012          2012                           2                      4,954.--     Paid legal actions

31.12.2012          2012                         14                8,698,856.--     Opposition filed

31.12.2011          2011                           1                           93.--     Paid legal actions

31.12.2011          2011                           3                7,379,796.--     Opposition filed

31.12.2010          2010                           8                3,014,879.--     Opposition filed

Official bankruptcy reports:

No bankruptcy publications available on the subject.

 

An updated legal action check is only available against proof of interest. e.g. a copy of an enquiry letter, and order or invoice relating to the subject company.

 

 

Sanctions List

 

The company is not listed in the WorldCompliance database.

 

 

Payment experiences

 

Cebt collection case:

DEC 2014: CHF  1'494.00, in Process

NOV 2013: CHF    197.00, paid.

NOV 2013: CHF  5'412.00, booked up.

JUL 2013: CHF    163.00, paid.

JUL 2013: CHF    112.00, booked up.

MAR 2012: CHF 74'393.00, order for payment without legislative proposal.

 

 

Remarks

 

Note: The VAT number - CHE-116.311.185 MWST - is the Group VAT number.

 

 

Credit Information

 

 

Financial Situation:        The financial situation is very good.

 

Payment experiences:   Payment habits are considered good.

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.66.40

UK Pound

1

Rs.101.19

Euro

1

Rs.73.89

 

INFORMATION DETAILS

 

Analysis Done by :

KAS

 

 

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.