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MIRA INFORM REPORT
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Report No. : |
503323 |
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Report Date : |
14.04.2018 |
IDENTIFICATION DETAILS
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Name : |
TAKKO HOLDING GMBH |
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Registered Office : |
Alfred-Krupp-Str. 21, D 48291 Telgte |
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Country : |
Germany |
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Financials (as on) : |
31.01.2017 |
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Date of Incorporation : |
1982 |
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Com. Reg. No.: |
HRB 8939 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
· Retail sale of clothing · Management of holding companies · Other activities of head offices |
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No. of Employees : |
11,975 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
B |
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Credit Rating |
Explanation |
Rating Comments |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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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
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Country Name |
Previous
Rating (30.09.2017) |
Current Rating (31.12.2017) |
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Germany |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
GERMANY - ECONOMIC OVERVIEW
The German economy - the fifth largest economy in the world in PPP terms
and Europe's largest - is a leading exporter of machinery, vehicles, chemicals,
and household equipment and benefits from a highly skilled labor force. Like
its Western European neighbors, Germany faces significant demographic
challenges to sustained long-term growth. Low fertility rates and a large
increase in net immigration are increasing pressure on the country's social
welfare system and necessitate structural reforms.
Reforms launched by the government of Chancellor Gerhard SCHROEDER
(1998-2005), deemed necessary to address chronically high unemployment and low average
growth, contributed to strong economic growth and falling unemployment. These
advances, as well as a government subsidized, reduced working hour scheme, help
explain the relatively modest increase in unemployment during the 2008-09
recession - the deepest since World War II. The German Government introduced a
minimum wage in 2015 that increased to $9.79 (8.84 euros) in January 2017.
Stimulus and stabilization efforts initiated in 2008 and 2009 and tax
cuts introduced in Chancellor Angela MERKEL's second term increased Germany's
total budget deficit - including federal, state, and municipal - to 4.1% in
2010, but slower spending and higher tax revenues reduced the deficit to 0.8%
in 2011 and in 2017 Germany reached a budget surplus of 0.7%. A constitutional
amendment approved in 2009 limits the federal government to structural deficits
of no more than 0.35% of GDP per annum as of 2016, though the target was
already reached in 2012.
The German economy suffers from low levels of investment, and a government
plan to invest 15 billion euros during 2016-18, largely in infrastructure, is
intended to spur needed private investment. Following the March 2011 Fukushima
nuclear disaster, Chancellor Angela MERKEL announced in May 2011 that eight of
the country's 17 nuclear reactors would be shut down immediately and the
remaining plants would close by 2022. Germany plans to replace nuclear power
largely with renewable energy, which accounted for 29.5% of gross electricity
consumption in 2016, up from 9% in 2000. Before the shutdown of the eight
reactors, Germany relied on nuclear power for 23% of its electricity generating
capacity and 46% of its base-load electricity production. Domestic consumption,
investment, and exports are likely to drive German GDP growth in 2018, and the
country’s budget and trade surpluses are likely to remain high.
|
Source
: CIA |
Note
The subject of your inquiry is a branch. We are reporting on the headquarters.
Company
name & address
TAKKO HOLDING GMBH
Company Status: active
Alfred-Krupp-Str. 21
D 48291 Telgte
Telephone:02504/9230
Telefax: 02504/923277
Homepage: www.takko.de
E-mail: info@takko.de
VAT no.: DE209094382
LEGAL FORM Private Limited Company
Date of foundation: 1982
Shareholders'
agreement: 01.12.1999
Registered on: 11.04.2000
Commercial Register: Local court 48149 Münster
under: HRB 8939
Share capital: EUR 14,600,000.00
Shareholder:
Takko Fashion G Zwei GmbH
Alfred-Krupp-Str. 21
D 48291 Telgte
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 12,369,850.00
Registered on: 08.04.2008
Reg. data: 48149 Münster, HRB 11439
Shareholder:
TAKKO Holding GmbH
Alfred-Krupp-Str. 21
D 48291 Telgte
Legal form: Private limited company
Share capital: EUR 14,600,000.00
Share: EUR 1,486,000.00
Registered on: 11.04.2000
Reg. data: 48149 Münster, HRB 8939
Shareholder:
Takko GP GmbH & Co. KG
Alfred-Krupp-Str. 21
D 48291 Telgte
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 500.00
contribution:
Share: EUR 744,150.00
Registered on: 14.05.2008
Reg. data: 48149 Münster, HRA 8356
Manager:
Arnold Mattschull
Peter-Geibel-Str. 89
D 61381 Friedrichsdorf
authorized to jointly represent the company
born: 15.09.1951
Profession: Businessman
Marital status: married
Manager:
Alexander Mattschull
Peter-Geibel-Str. 8
D 61381 Friedrichsdorf
having sole power of representation
born: 02.03.1972
Marital status: unknown
Manager:
Thomas Helmreich
D 48143 Münster
authorized to jointly represent the company
born: 06.11.1965
Profession: Businessman
Manager:
Ulrich Eickmann
D 20095 Hamburg
authorized to jointly represent the company
born: 08.11.1968
Proxy:
Rainer Kanbach
D 48143 Münster
authorized to jointly represent the company
born: 07.07.1960
Profession: Businessman
Proxy:
Andreas Silbernagel
D 48231 Warendorf
authorized to jointly represent the company
born: 22.08.1964
Profession: Businessman
Proxy:
Paul Thieme
D 90402 Nürnberg
authorized to jointly represent the company
born: 21.01.1963
Proxy:
Thomas Füllhaas
D 97265 Hettstadt
authorized to jointly represent the company
born: 18.07.1969
Proxy:
Dr. Dino Sikora
D 48155 Münster
authorized to jointly represent the company
born: 24.12.1968
Proxy:
André Pleines
D 45127 Essen
authorized to jointly represent the company
born: 18.05.1965
Further functions/participations of Arnold Mattschull (Manager)
Shareholder:
B.A.A. Beteiligungsgesellschaft mbH
Peter-Geibel-Str. 8a
D 61381 Friedrichsdorf
Legal form: Private limited company
Share capital: EUR 27,000.00
Share: EUR 9,000.00
Registered
on: 11.07.2007
Reg. data: 61352 Bad Homburg, HRB 10641
Manager:
Takko Fashion GmbH
Alfred-Krupp-Str. 21
D 48291 Telgte
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 24.05.2011
Reg. data: 48149 Münster, HRB 13245
Manager:
B.A.A. Beteiligungsgesellschaft mbH
Peter-Geibel-Str. 8a
D 61381 Friedrichsdorf
Legal form: Private limited company
Share capital: EUR 27,000.00
Registered
on: 11.07.2007
Reg. data: 61352 Bad Homburg, HRB 10641
Further functions/participations of Alexander Mattschull
(Manager)
Shareholder:
B.A.A. Beteiligungsgesellschaft mbH
Peter-Geibel-Str. 8a
D 61381 Friedrichsdorf
Legal form: Private limited company
Share capital: EUR 27,000.00
Share: EUR 9,000.00
Registered
on: 11.07.2007
Reg. data: 61352 Bad Homburg, HRB 10641
Manager:
Takko Fashion GmbH
Alfred-Krupp-Str. 21
D 48291 Telgte
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 24.05.2011
Reg. data: 48149 Münster, HRB 13245
Manager:
TAKKO Verwaltungs GmbH
Alfred-Krupp-Str. 21
D 48291 Telgte
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 15.05.2000
Reg. data: 48149 Münster, HRB 8945
Manager:
Takko Fashion G Zwei GmbH
Alfred-Krupp-Str. 21
D 48291 Telgte
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 08.04.2008
Reg. data: 48149 Münster, HRB 11439
Manager:
Takko Fashion G Eins GmbH
Alfred-Krupp-Str. 21
D 48291 Telgte
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 08.04.2008
Reg. data: 48149 Münster, HRB 11440
Manager:
B.A.A. Beteiligungsgesellschaft mbH
Peter-Geibel-Str. 8a
D 61381 Friedrichsdorf
Legal form: Private limited company
Share capital: EUR 27,000.00
Registered
on: 11.07.2007
Reg. data: 61352 Bad Homburg, HRB 10641
Further functions/participations of Thomas Helmreich (Manager)
Manager:
Netrada Holding GmbH
Leverkusenstr. 54
D 22761 Hamburg
Post Box:
60 05 26, D 22205 Hamburg
Legal form: Private limited company
insolvent
Share capital: EUR 40,842,941.00
Registered
on: 03.01.2011
Reg. data: 20355 Hamburg, HRB 116548
Manager:
Takko Fashion G Eins GmbH
Alfred-Krupp-Str. 21
D 48291 Telgte
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 08.04.2008
Reg. data: 48149 Münster, HRB 11440
Manager:
Netrada Europe GmbH
Alte Ricklinger Str. 59-61
D 30823 Garbsen
Legal form: Private limited company
insolvent
Share capital: EUR 500,000.00
Registered
on: 17.03.2008
Reg. data: 30175 Hannover, HRB 202731
Manager:
TAKKO Verwaltungs GmbH
Alfred-Krupp-Str. 21
D 48291 Telgte
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 15.05.2000
Reg. data: 48149 Münster, HRB 8945
Manager:
Takko Fashion G Zwei GmbH
Alfred-Krupp-Str. 21
D 48291 Telgte
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 08.04.2008
Reg. data: 48149 Münster, HRB 11439
Manager:
Takko Fashion GmbH
Alfred-Krupp-Str. 21
D 48291 Telgte
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 24.05.2011
Reg. data: 48149 Münster, HRB 13245
Further functions/participations of Ulrich Eickmann (Manager)
Manager:
TAKKO Verwaltungs GmbH
Alfred-Krupp-Str. 21
D 48291 Telgte
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 15.05.2000
Reg. data: 48149 Münster, HRB 8945
Manager:
Takko Fashion G Eins GmbH
Alfred-Krupp-Str. 21
D 48291 Telgte
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 08.04.2008
Reg. data: 48149 Münster, HRB 11440
Manager:
Takko Fashion G Zwei GmbH
Alfred-Krupp-Str. 21
D 48291 Telgte
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 08.04.2008
Reg. data: 48149 Münster, HRB 11439
Manager:
Takko Fashion GmbH
Alfred-Krupp-Str. 21
D 48291 Telgte
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 24.05.2011
Reg. data: 48149 Münster, HRB 13245
ACTING
PERSONS
Member of the Advisory Board
Arnold Mattschull
Peter-Geibel-Str. 89
D 61381 Friedrichsdorf
Member of the Advisory Board
Karl-Josef Kraus
Besingweg 11
D 14089 Berlin
Member of the Advisory Board
Chris Mruck
GB London
RESIGNED
ACTING PERSONS AND SHAREHOLDERS
13.04.2015 - 29.06.2016 Manager
Peter Migsch
D 40472 Ratingen
13.04.2015 - 12.01.2016 Manager
Andreas Kromer
D 48346 Ostbevern
19.11.2013 - 12.01.2016 Manager
Michael Strehler
D 48145 Münster
20.11.2012 - 02.06.2015 Manager
Hannes Rumer
D 80331 München
BUSINESS
ACTIVITIES
Main industrial sector
47710 Retail sale of clothing
70101 Management of holding companies
70109 Other activities of head offices
BRANCHES
AND FACTORIES
Branch:
TAKKO Holding GmbH
Max-Planck-Str. 5
D 61381 Friedrichsdorf
TEL.: 06172/680570
FAX.: 06172/6805790
Branch:
TAKKO Holding GmbH
Birkenbergstr. 5
D 91625 Schnelldorf
TEL.: 07950/981313
PARTICIPATIONS
Limited partner:
TAKKO Logistik GmbH & Co. KG
Alfred-Krupp-Str. 21
D 48291 Telgte
Legal form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total cap. EUR 100.00
contribution:
Share: EUR 100.00
Reg. data: 19.09.2017
Local court 48149 Münster
HRA 10514
Shareholder:
TAKKO Holding GmbH
Alfred-Krupp-Str. 21
D 48291 Telgte
Legal form: Private limited company
Company Status: active
Share capital: EUR 14,600,000.00
Share: EUR 1,486,000.00
Reg. data: 11.04.2000
Local court 48149 Münster
HRB 8939
Shareholder:
TAKKO Verwaltungs GmbH
Alfred-Krupp-Str. 21
D 48291 Telgte
Legal form: Private limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 15.05.2000
Local court 48149 Münster
HRB 8945
FINANCIAL
INFORMATION
Payment experience: No Complaints
Negative information: We have no negative information at hand.
Balance sheet year: 2016/2017
PMI: No significant / relevant payment experience
information pertaining to the company
inquired upon is shown in the Deutscher
Debitoren Monitor (DDMonitor).
REAL
ESTATE
Type of ownership: Tenant
Address Alfred-Krupp-Str. 21
D 48291 Telgte
Real Estate of: Alexander Mattschull
Type of ownership: unknown
Address Peter-Geibel-Str. 8
D 61381 Friedrichsdorf
Real Estate of: Thomas Helmreich
Type of ownership: Tenant
Address Wachsbleiche 56
D 49088 Osnabrück
Land register documents were not available.
BANKERS
Principal bank
UNICREDIT BANK - HYPOVEREINSBANK, 80311 MÜNCHEN
Sort. code: 70020270
BIC: HYVEDEMMXXX
Further banks
DEUTSCHE BANK, 48136 MÜNSTER
Sort. code: 40070080
BIC: DEUTDE3B400
LANDESBANK HESSEN-THÜRINGEN GIROZENTRALE NL. DÜSSELDORF, 48134
MÜNSTER
Sort. code: 40050000
BIC: WELADE3MXXX
FINANCIAL
FIGURES
Turnover: 2015/2016 EUR
670,546,777.00
2016/2017 EUR 905,140,228.00
2017/2018 *EUR 1,000,000,000.00
Profit: 2015/2016 EUR -24,653,192.00
2016/2017 EUR 5,572,276.00
further business
figures:
Equipment: EUR 31,353,566.00
Ac/ts
receivable:
EUR 52,447,661.00
Liabilities: EUR 442,887,903.00
Real estate of the
firm: EUR 12,762,385.00
Employees:
11,975
- thereof permanent
staff:
3,197
- Temporary
workers:
8,778
The business figures marked with an asterisk are estimates based on average values in the line of business.
BALANCE
SHEETS
Balance sheet ratios 01.02.2016 - 31.01.2017
Equity ratio [%]: -5.20
Liquidity ratio: 0.12
Return on total capital [%]: 1.17
Balance sheet ratios 01.05.2015 - 31.01.2016
Equity ratio [%]: -11.36
Liquidity ratio: 0.17
Return on total capital [%]: -5.24
Balance sheet ratios 01.05.2014 - 30.04.2015
Equity ratio [%]: -9.79
Liquidity ratio: 0.20
Return on total capital [%]: -7.45
Balance sheet ratios 01.05.2013 - 30.04.2014
Equity ratio [%]: -8.16
Liquidity ratio: 0.22
Return on total capital [%]: -4.78
EQUITY RATIO
The equity ratio indicates the portion of the equity as compared
to the total capital. The higher the equity ratio, the better the
economic stability (solvency) and thus the financial autonomy of
a company.
LIQUIDITY RATIO
The liquidity ratio shows the proportion between adjusted
receivables and net liabilities. The higher the ratio, the lower
the company's financial dependancy from external creditors.
RETURN ON TOTAL
CAPITAL
The return on total capital shows the efficiency and return on
the total capital employed in the company. The higher the return
on total capital, the more economically does the company work
with the invested capital.
Type of balance
sheet: Company balance sheet
Origin of the
present
balance sheet: electronic German Federal Gazette
Financial year: 01.02.2016 - 31.01.2017
ASSETS EUR 538,435,187.77
Fixed assets EUR
323,017,757.05
Intangible assets EUR 126,350,494.19
Concessions, licences, rights EUR 63,083,686.00
Goodwill EUR 58,336,081.00
Advance payments for intang. assets EUR
4,930,727.19
Tangible assets EUR 44,728,891.63
Land / similar rights EUR 12,762,385.32
Other tangible assets / fixtures and
fittings EUR 31,353,566.00
Advance payments made / construction
in progress EUR 612,940.31
Financial assets EUR 151,938,371.23
Shares in participations /
subsidiaries and the like EUR 2,271,738.76
Shares in related companies EUR 2,271,738.76
Loans to participations /
subsidiaries and the like EUR 149,666,632.47
Loans to related companies EUR 149,666,632.47
Current assets EUR 209,483,637.64
Stocks EUR 133,746,175.66
Raw materials, consumables and
supplies EUR 395,709.14
Finished goods / work in progress EUR
133,350,466.52
Accounts receivable EUR 52,447,660.61
Trade debtors EUR 365,861.17
Amounts due from related companies EUR
50,535,583.97
Other debtors and assets EUR 1,546,215.47
Liquid means EUR 23,289,801.37
Remaining other assets EUR 5,933,793.08
Accruals (assets) EUR 3,094,593.08
Deferred taxes (assets) EUR 2,839,200.00
LIABILITIES EUR 538,435,187.77
Shareholders' equity EUR 36,705,797.93
Capital EUR 13,114,000.00
Subscribed capital (share capital) EUR
14,600,000.00
Other capital EUR -1,486,000.00
Reserves EUR 394,381,187.63
Capital reserves EUR
394,381,187.63
Balance sheet profit/loss (+/-) EUR
-370,789,389.70
Profit / loss brought forward EUR -376,361,665.99
Annual surplus / annual deficit EUR 5,572,276.29
Provisions EUR 56,224,281.25
Pension provisions and comparable
provisions EUR 1,811,950.00
Provisions for taxes EUR 13,898,133.09
Other / unspecified provisions EUR 40,514,198.16
Liabilities EUR 442,887,902.83
Financial debts EUR 5,931,959.82
Liabilities due to banks EUR 5,931,959.82
Other liabilities EUR 436,955,943.01
Trade creditors (for IAS incl. bills
of exchange) EUR 123,719,166.07
Liabilities from received advance
payments EUR 968,090.28
Liabililties due to related
companiesEUR 299,969,594.88
Unspecified other liabilities EUR 12,299,091.78
thereof liabilities from tax /
financial authorities EUR 7,473,000.00
thereof liabilities from social
security EUR 152,000.00
Other liabilities EUR 2,617,205.76
Deferrals (liabilities) EUR 2,617,205.76
PROFIT AND LOSS
ACCOUNT (cost-summary method) according to Comm.
Code (HGB)
Sales EUR 905,140,227.87
Other operating income EUR 12,183,589.75
Cost of materials EUR 449,646,880.29
Raw materials and supplies, purchased
goods EUR 447,124,566.26
Purchased services EUR 2,522,314.03
Gross result (+/-) EUR 467,676,937.33
Staff expenses EUR 159,594,275.23
Wages and salaries EUR 131,836,975.80
Social security contributions and
expenses for pension plans and
benefits EUR 27,757,299.43
Total depreciation EUR 40,395,578.89
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 40,395,578.89
Other operating expenses EUR 235,415,008.95
Operating result from continuing
operations EUR 32,272,074.26
Result from participating interests
(+/-) EUR 1,627.52
Expenses / income from participations
EUR 1,627.52
Income from related companies EUR 1,627.52
Interest result (+/-) EUR -29,750,529.27
Interest and similar income EUR 4,965,657.16
thereof from related companies EUR 4,966,000.00
Interest and similar expenses EUR 34,716,186.43
thereof paid to related companies EUR
27,150,000.00
Other financial result EUR 8,674,189.24
Income from securities and loans from
financial assets EUR 10,727,795.24
thereof related companies EUR 10,728,000.00
Depreciation on financial assets and
marketable securities EUR 2,053,606.00
Financial result (+/-) EUR -21,074,712.51
Result from ordinary operations (+/-) EUR
11,197,361.75
Income tax / refund of income tax
(+/-)EUR -5,461,395.66
Other taxes / refund of taxes EUR -163,689.80
Tax (+/-) EUR -5,625,085.46
Annual surplus / annual deficit EUR 5,572,276.29
Type of balance
sheet: Company balance sheet
Origin of the
present
balance sheet: electronic German Federal Gazette
Financial year: 01.05.2015 - 31.01.2016
ASSETS EUR 554,682,817.12
Fixed assets EUR 330,051,916.40
Intangible assets EUR 151,348,899.30
Concessions, licences, rights EUR 62,402,617.00
Goodwill EUR 84,263,230.00
Advance payments for intang. assets EUR
4,683,052.30
Tangible assets EUR 51,879,700.11
Land / similar rights EUR 13,695,172.32
Other tangible assets / fixtures and
fittings EUR 37,163,527.00
Advance payments made / construction
in progress EUR 1,021,000.79
Financial assets EUR 126,823,316.99
Shares in participations /
subsidiaries and the like EUR 3,755,418.76
Shares in related companies EUR 3,755,418.76
Loans to participations /
subsidiaries and the like EUR 123,067,898.23
Loans to related companies EUR 123,067,898.23
Current assets EUR 221,756,179.44
Stocks EUR 128,307,327.01
Raw materials, consumables and
supplies EUR 300,522.54
Finished goods / work in progress EUR
128,006,804.47
Accounts receivable EUR 81,666,839.81
Trade debtors EUR 661,329.14
Amounts due from related companies EUR
78,114,180.26
Other debtors and assets EUR 2,891,330.41
Liquid means EUR 11,782,012.62
Remaining other assets EUR 2,874,721.28
Accruals (assets) EUR 2,874,721.28
LIABILITIES EUR 554,682,817.12
Shareholders' equity EUR 31,133,521.65
Capital EUR 13,114,000.00
Subscribed capital (share capital) EUR
14,600,000.00
Other capital EUR -1,486,000.00
Reserves EUR 394,381,187.63
Capital reserves EUR 394,381,187.63
Balance sheet profit/loss (+/-) EUR
-376,361,665.98
Profit / loss brought forward EUR -351,708,473.89
Annual surplus / annual deficit EUR
-24,653,192.09
Provisions EUR 41,456,541.33
Pension provisions and comparable
provisions EUR 1,757,531.00
Provisions for taxes EUR 5,957,712.33
Other / unspecified provisions EUR 33,741,298.00
Liabilities EUR 477,453,744.29
Financial debts EUR 40,964,821.16
Liabilities due to banks EUR 40,964,821.16
Other liabilities EUR 436,488,923.13
Trade creditors (for IAS incl. bills
of exchange) EUR 114,171,425.86
Liabilities from received advance
payments EUR 1,860,989.59
Liabililties due to related
companiesEUR 309,145,844.87
Unspecified other liabilities EUR 11,310,662.81
thereof liabilities from tax /
financial authorities EUR 7,594,000.00
thereof liabilities from social
security EUR 18,000.00
Other liabilities EUR 4,639,009.85
Deferrals (liabilities) EUR 2,379,109.85
Deferred taxes (not included under
provisions/liabilities) EUR 2,259,900.00
Guarantees and other commitments EUR 802,000,000.00
Letters of support EUR 2,000,000.00
Other guarantees and other
commitmentsEUR 800,000,000.00
PROFIT AND LOSS
ACCOUNT (cost-summary method) according to Comm.
Code (HGB)
Sales EUR 670,546,777.24
Other operating income EUR 12,366,753.26
Cost of materials EUR 338,856,279.31
Raw materials and supplies, purchased
goods EUR 338,856,279.31
Gross result (+/-) EUR 344,057,251.19
Staff expenses EUR 119,567,057.47
Wages and salaries EUR 98,246,205.72
Social security contributions and
expenses for pension plans and
benefits EUR 21,320,851.75
Total depreciation EUR 38,189,860.92
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 38,189,860.92
Other operating expenses EUR 182,452,266.49
Operating result from continuing
operations EUR 3,848,066.31
Result from participating interests
(+/-) EUR 3,128.45
Expenses / income from participations
EUR 3,128.45
Income
from related companies EUR 3,128.45
Interest result (+/-) EUR -22,381,675.30
Interest and similar income EUR 3,868,259.43
thereof from related companies EUR 3,661,000.00
Interest and similar expenses EUR 26,249,934.73
thereof paid to related companies EUR
20,306,000.00
Other financial result EUR 230,083.13
Income from securities and loans from
financial assets EUR 6,708,502.45
thereof related companies EUR 6,709,000.00
Depreciation on financial assets and
marketable securities EUR 6,478,419.32
Financial result (+/-) EUR -22,148,463.72
Result from ordinary operations (+/-) EUR
-18,300,397.41
Income tax / refund of income tax
(+/-)EUR -6,208,397.63
Other taxes / refund of taxes EUR -144,397.05
Tax (+/-) EUR -6,352,794.68
Annual surplus / annual deficit EUR -24,653,192.09
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 65.22 |
|
|
1 |
INR 92.77 |
|
Euro |
1 |
INR 80.34 |
|
EUR |
1 |
INR 80.51 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VIV |
|
|
|
|
Report Prepared
by : |
TPT |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with moderate
risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on secured
terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.