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MIRA
INFORM REPORT
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Report No. : |
495886 |
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Report Date : |
13.03.2018 |
IDENTIFICATION DETAILS
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Name : |
LOUIS DREYFUS COMPANY SUISSE SA |
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Registered Office : |
Route de l'Aéroport 29 1218 Le Grand-Saconnex/GE /CH |
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Country : |
Switzerland |
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Date of Incorporation : |
1851 |
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Com. Reg. No.: |
660.0.971.006-5 |
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Legal Form : |
Company
limited by shares |
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Line of Business : |
The activities include the trade of commodities such as grains, oilseeds, rice, sugar, ethanol, coffee and cotton. |
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No. of Employees : |
240 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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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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Switzerland |
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 |
SWITZERLAND - ECONOMIC
OVERVIEW
Switzerland, a country that espouses neutrality, is a 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 gain access to the Union’s Single Market and enhance the country’s international competitiveness. Some trade protectionism remains, however, 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 economic instability in Russia and other eastern European economies drove 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 through 2017.
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.
|
Source
: CIA |
Company name and address
Louis Dreyfus
Company Suisse SA
Operating address:
Route de l'Aéroport 29 Postal
Address:
1218 Le Grand-Saconnex/GE Case
postale 236
Switzerland/CH 1215
Genève 15 Aéroport/GE
Switzerland/CH
Telephone: +41 586882700
+41
227992700
Fax: +41
225927468
Web site: http://www.ldcom.com
E-mail: gen-hr@ldcom.com
WIN Worldbox No.: CH0007122055
VAT-No.: CHE-112.891.016 TVA
UID-No.: CHE112891016
Profile
Established: 1851
History: 1851: Established
from Léopold Louis-Dreyfus
Line of Business: Trade brokers
Industry Division: Wholesale trade
Industry-code (NACE): 4611 Agents
involved in the sale of agricultural raw materials, live animals, textile raw
materials and semi-finished goods
Import/Export: Agency
Banks: unknown
Operational
Figures
Coverage: Company
Figures: estimated
Financial year: 2017
Employees: 240
Sales: CHF 200-400 Mio
Activity
The
activities include the trade of commodities such as grains, oilseeds, rice,
sugar, ethanol, coffee and cotton.
Products:
-
Soybeans, soybean meal, soybean oil, refined soybean oil
-
Rapeseed, rapeseed meal, rapeseed oil, refined rapeseed oil
-
Sunflower seed, sunflower meal, sunflower oil
- Palm
oil and palm oil products
-
Biodiesel, glycerin
- Cotton
seed, cottonseed oil, and cottonseed meal
-
Crystal sugar
- CG
Sugar
- Liquid
sugar
- Liquid
inverted sugar
- VHP
sugar
-
Refined sugar
-
Hydrous ethanol
-
Anhydrous ethanol
-
Neutral ethanol
Operations
and Branches:
At the
address, Route de l'Aéroport 29, 1218 Le Grand-Saconnex, Switzerland, we find
office of the company.
Real
Estate
Information
on property ownership was not available.
Company
Register
Company No: 660.0.971.006-5
UID-No.: CHE112891016
Legal form: Company limited by shares
Registration: 19.04.2006
Legal status: active
Responsible Register: Registre du commerce du canton de Genève
History: Date of Statutes: 16.03.2016
Date
of Statutes: 06.07.2009
Date
of Statutes: 15.06.2009
Date
of Statutes: 19.09.2007
Date
of Statutes: 22.12.2006
Date
of Statutes: 23.10.2006
Date
of Statutes: 14.07.2006
Date
of Statutes: 15.06.2006
Date
of Incorporation Statutes: 13.04.2006
Entry Deleted Name
24.03.2016 Louis Dreyfus Company Suisse SA
20.06.2006 24.03.2016 Louis Dreyfus
Commodities Suisse SA
19.04.2006 20.06.2006 DOMITIUS SA
Entry Deleted Legal domicile
19.07.2006 Le Grand-Saconnex, Switzerland
19.04.2006 19.07.2006 Genève,
Switzerland
Entry Deleted Address
19.07.2006 Route de l'Aéroport 29, 1218 Le
Grand-Saconnex/GE, Switzerland/CH
19.04.2006 19.07.2006 c/o Pfyffer et
Associés, Avocats, Rue François-Bellot 6, 1200 Genève/GE, Switzerland/CH
Entry Deleted Capital
11.01.2007 Share Capital CHF 87,106,100, paidup CHF
87,106,100
Entry Deleted Capital Structure
11.01.2007 871,061 Registered shares of CHF 100.--
Entry Deleted Activity
15.07.2009 Trade in all materials, agricultural commodities,
goods, finished or semi -finished, directly or indirectly, including the
purchase, management and operation of all businesses; operating, chartering
vessels or any related transactions; study, design, development, operation,
management, stewardship , governance, organization, financing, control of all
business or industrial, commercial, financial, agricultural, securities or
property; acquisition, operation, sale and exchange of all buildings, excluding
operations prohibited, all building constructions, for its own needs, whether
for sale or for rent; use of available capital of the company, including
purchase, subscription or acquisition in any manner whatsoever, broadcast, sale
or trading of shares, stocks and securities of all kinds; formation of any
associations, companies, unions or businesses regardless of objects: the
granting of all securities for the performance of any enterprise, the
acquisition of interests, direct or indirect support to the creation of any new
company, merger of existing companies, partial or total disposal of assets and,
in any method whatsoever; provision of credit facilities for its subsidiaries,
affiliates and sister companies for commercial and/or asset acquisitions,
including in particular the application of issuing guarantees, sureties,
guarantees bid guarantees good performance, letters of credit and guarantees of
payment in full responsibility on behalf of subsidiaries, sister companies and
subsidiaries (see complete statutes for full objectives).
Entry Deleted Remarks
30.11.2017 Merger: On 09.11.2017 the company merged with Louis
Dreyfus Company Juices Suisse SA, based in Le Grand-Saconnex (CHE-230.285.535).
17.06.2014 Merger: Takeover of the assets and liabilities of
Louis Dreyfus Commodities IT Services Suisse SA
at The Grand Saconnex (CHE- 114 496 961), according to the merger
agreement of 06.12.2014 and the balance sheet at 31.12.2013, with assets of CHF
7'196'372, liabilities to third parties of CHF 6'096'190 or net assets of CHF
1'100'182. The entire share capital of both companies being owned by the same
shareholder, the merger does not give rise to a capital increase or an
allocation of shares.
19.12.2013 Note: The identification under number CH-
660-0971006-5 is replaced by the CHE-112891016 business identification number
(IDE/UID).
18.06.2013 Merger: Takeover of the assets and liabilities of
Louis Dreyfus Commodities Freight Suisse SA, at Le Grand- Saconnex
(CH-660-1262007-8) according to the merger agreement of 14.06.2013 and the
balance sheet at 31.12.2012, with assets of CHF 16'583'393, liabilities to
third parties of CHF 4'498'499 or net assets of CHF 12'084'894. The entire
share capital of both companies being owned by the same shareholder, the merger
does not give rise to a capital increase or an allocation of shares. Takeover of the assets and liabilities of LOUIS
DREYFUS COMMODITIES JUICES SWITZERLAND SA, Le Grand- Saconnex (CH-
660-2679011-8 ) according to the merger agreement of 14.06.2013 and the balance
sheet at 31.12.2012, with assets of CHF 1'122'613'841, liabilities to third
parties of CHF 1'035'970'873 or net assets of CHF 86'642'968. The entire share
capital of both companies being owned by the same shareholder , the merger does
not give rise to a capital increase or an allocation of shares.
11.01.2007 Contribution in kind/Asset takeover: According contract
of 22.12.2006, all the shares of the company Louis Dreyfus & Co Limited,
Cardiff, UK, being 32'445'000 shares of USD 1 for a value of CHF 114'432'000,
in return for which are given 343'296 shares of CHF 100 registered shares and
the balance constituting a premium.
19.04.2006 Publishing authority: SHAB Swiss Gazette
25.06.2009 24.03.2016 Reports:
Communication to shareholders registered letter or fax .
Official
Administration
Title Name
President Maserati , Andrea
Citizen:
Italy
Residential
address: Commugny, Switzerland
single
signature
Registered
since: 27.07.2015
Vice-President Cerisoli, Federico
Citizen:
Argentina
Residential
address: Presidente Derqui, Argentina
single
signature
Registered
since: 14.08.2013
Director Nonay , Vela Pedro
Citizen:
Spain
Residential
address: Thônex, Switzerland
single
signature
Registered
since: 27.07.2015
Management
Title Name
Member with procuration Allen, Peregrine
Citizen:
Grande-Bretagne, Switzerland
Residential
address: Nernier, France
joint
power of attorney of two
Registered
since: 30.01.2008
Member with procuration Arpino , Guy-Laurent
Citizen:
France
Residential
address: Echenevex, Switzerland
single
power of attorney
Registered
since: 05.02.2018
Member with procuration Ashton , Keir
Citizen:
United Kingdom
Residential
address: Divonne-les-Bains, France
single
power of attorney
Registered
since: 27.07.2015
Member with procuration Belloin , Philippe
Citizen:
France
Residential
address: Genève, Switzerland
joint
power of attorney of two
Registered
since: 01.04.2016
Member with procuration Benedit , Guillermo
Citizen:
Argentina
Residential
address: Gingins, Switzerland
joint
power of attorney of two
Registered
since: 27.07.2015
Member with procuration Biancherie , Enrico
Citizen:
Brazil
Residential
address: Genève, Switzerland
single
power of attorney
Registered
since: 05.02.2018
Member with procuration Bourgi , Eric
Citizen:
France
Residential
address: Genève, Switzerland
joint
power of attorney of two
Registered
since: 27.07.2015
Member with procuration Bourgois, Tim
Citizen:
Belgium
Residential
address: Begnins, Switzerland
joint
power of attorney of two
Registered
since: 14.08.2007
Member with procuration Bravo Ericastilla , Estuardo
Citizen:
Lausanne, Switzerland
Residential
address: Le Vaud, Switzerland
joint
power of attorney of two
Registered
since: 27.07.2015
Member with procuration Clarkson , Benjamin
Citizen:
United Kingdom
Residential
address: Nyon, Switzerland
joint
power of attorney of two
Registered
since: 27.07.2015
Member with procuration Cluzel , Camille
Citizen:
France
Residential
address: Genève, Switzerland
joint
power of attorney of two
Registered
since: 05.02.2018
Member with procuration Corbaz , Basile
Citizen:
Mont-sur-Lausanne, Switzerland
Residential
address: Lausanne, Switzerland
joint
power of attorney of two
Registered
since: 27.07.2015
Member with procuration Corvaisier, Marc
Citizen:
France
Residential
address: Genève, Switzerland
joint
power of attorney of two
Registered
since: 27.07.2015
Member with procuration Dbab , Omar
Citizen:
Monaco
Residential
address: Genève, Switzerland
joint
power of attorney of two
Registered
since: 05.02.2018
Member with procuration de Guingand , Peter
Citizen:
Australia
Residential
address: Pers-Jussy, France
joint
power of attorney of two
Registered
since: 27.07.2015
Member with procuration De Metz , Hadelin
Citizen:
France
Residential
address: Genève, Switzerland
joint
power of attorney of two
Registered
since: 05.02.2018
Member with procuration de Somer, Pierre
Citizen:
Belgium
Residential
address: Trélex, Switzerland
joint
power of attorney of two
Registered
since: 14.08.2007
Member with procuration Du Bois de Montule, Guy
Citizen:
France
Residential
address: Genève, Switzerland
single
power of attorney
Registered
since: 29.11.2006
Member with procuration El Sherif, Ezz El Din
Citizen:
Genève, Switzerland
Residential
address: Collex-Bossy , Switzerland
joint
power of attorney of two
Registered
since: 29.11.2006
Member with procuration Fages, Jean-Christian Michel
Citizen:
France
Residential
address: Menthon-Saint-Bernard, France
single
power of attorney
Registered
since: 25.11.2015
Member with procuration Ferguson Creismeas, Linda Frances
Citizen:
Ireland
Residential
address: Prevessin-Moëns, France
joint
power of attorney of two
Registered
since: 05.02.2016
Member with procuration Ferte , Thibaut
Citizen:
France
Residential
address: Genève, Switzerland
joint
power of attorney of two
Registered
since: 05.02.2018
Member with procuration Foucher, Jean-Marc
Citizen:
France
Residential
address: 1200 Genève/GE, Switzerland
single
power of attorney
Registered
since: 27.07.2015
Member with procuration Froment , Gauthier
Citizen:
France
Residential
address: Gland, Switzerland
single
power of attorney
Registered
since: 27.07.2015
Member with procuration Frontani , Fausto
Citizen:
Italy
Residential
address: Genève, Switzerland
joint
power of attorney of two
Registered
since: 05.02.2018
Member with procuration Guardia de Ponté, Yan Francesco
Citizen:
France
Residential
address: Viry, France
joint
power of attorney of two
Registered
since: 25.11.2015
Member with procuration Hawkins , Ross
Citizen:
United Kingdom
Residential
address: Genève, Switzerland
joint
power of attorney of two
Registered
since: 27.07.2015
Member with procuration Jackson , Oliver
Citizen:
United Kingdom
Residential
address: Genève, Switzerland
joint
power of attorney of two
Registered
since: 27.07.2015
Member with procuration Kilpatrick , James
Citizen:
Australia
Residential
address: Founex, Switzerland
single
power of attorney
Registered
since: 27.07.2015
Member with procuration Landerretche , Sébastien
Citizen:
France
Residential
address: Singapour, Singapore
single
power of attorney
Registered
since: 25.11.2015
Member with procuration Landerretsche, Sébastien
Citizen:
France
Residential
address: Singapour, Singapore
single
power of attorney
Registered
since: 25.11.2015
Member with procuration Maia Chagas, Rafael
Citizen:
Brazil
Residential
address: Versoix, Switzerland
single
signature
Registered
since: 14.12.2016
Member with procuration Meeus , Gregoire
Citizen:
Belgium
Residential
address: Genève, Switzerland
single
power of attorney
Registered
since: 05.02.2018
Member with procuration Nogues , Gaston
Citizen:
Argentina
Residential
address: Gingins, Switzerland
joint
power of attorney of two
Registered
since: 08.10.2012
Member with procuration Noques, Gaston
Citizen:
Argentina
Residential
address: Gingins, Switzerland
joint
power of attorney of two
Registered
since: 08.10.2012
Member with procuration Perrin , Isabella
Citizen:
Dintikon, Switzerland
Residential
address: La Rippe , Switzerland
single
power of attorney
Registered
since: 27.07.2015
Member with procuration Rapin , Jean-François
Citizen: France
Residential
address: Genève, Switzerland
joint
power of attorney of two
Registered
since: 27.07.2015
Member with procuration Reis , Marcus
Citizen:
Germany
Residential
address: Corsier /GE, Switzerland
single
power of attorney
Registered
since: 27.07.2015
Member with procuration Rotmans , Gijsbert
Citizen:
Netherlands
Residential
address: Bergschenhoek, Netherlands
single
power of attorney
Registered
since: 27.07.2015
Member with procuration Saur , Olivier
Citizen:
France
Residential
address: Gland, Switzerland
single
power of attorney
Registered
since: 27.07.2015
Member with procuration Soares, César
Citizen:
Portugal
Residential
address: Aubonne, Switzerland
single
power of attorney
Registered
since: 08.10.2012
Member with procuration Taylor , Nicole
Citizen:
United States of America
Residential
address: Genève, Switzerland
joint
power of attorney of two
Registered
since: 05.02.2018
Member with procuration Ter , Bille Olaf
Citizen:
Netherlands
Residential
address: Nyon, Switzerland
joint
power of attorney of two
Registered
since: 27.07.2015
Member with procuration Terrisse , Julien
Citizen:
France
Residential
address: Genève, Switzerland
joint
power of attorney of two
Registered
since: 27.07.2015
Member with procuration Von Pezold, Felix
Citizen:
Zürich, Switzerland
Residential
address: Genève, Switzerland
joint
power of attorney of two
Registered
since: 29.11.2006
Member with procuration Wauters , Denis
Citizen:
Belgium
Residential
address: Genève, Switzerland
joint
power of attorney of two
Registered
since: 05.02.2018
Member with procuration Zhai , Minji
Citizen:
China
Residential
address: Genève, China
joint
power of attorney of two
Registered
since: 27.07.2015
External
Positions
Title Name
Auditor Deloitte SA,
Residential
address: Meyrin, Switzerland
Id:
CH-660-0778984-7
Registered
since: 05.05.2009
Ultimate
Parent Company
Name: Louis Dreyfus Holding B.V.
City/Country: Amsterdam, Netherlands/NL
Direct
owner/-s
No. of owner/-s: 1
Owner: The company is domestic owned.
Class: 100%, directly held
Name: Louis Dreyfus Company International AG
City/Country: Luzern/LU, Switzerland/CH
Interest: 100,00% voting right, 100,00% capital
interest (since 22.12.2006)
The
Group is privately held by the Louis-Dreyfus family, controlled by the Robert
Louis-Dreyfus trust and approximately 15% employee-owned. Founded and based in
Europe, LDCommodities enjoys strong regional presence in North and South
America, Europe, Asia, the Middle-East and Africa.
LDCommodities
operates with the drive of a young organization, tempered and fuelled by 160
years of experience and expansion in the field of agricultural commodities.
Today, with offices in more than 55 countries and over 34,000 employees at the
peak season, the Group stands strong, pragmatic and diversified, guided by a
multi-cultural management staff devoted to its aims and to its unique business
model.
Key
Figures:
-
Established in 1851
- Presence in more than 55 countries:
- 6
regions organized around 4 segments and 13 main platforms
- Over
20,000 employees at the peak season
- Over
US$57 billion net sales (FY 2012)
- Over
US$1.1 billion consolidated net profit - group share (FY 2012)
Investments
Class: 100%, directly held
Name: Biosev Bioenergia International SA
City/Country: Cointrin/GE, Switzerland/CH
Interest: 100,00% voting right, 100,00% capital
interest
Class: 100%, directly held
Name: Louis Dreyfus Commodities Lint Holding SA
City/Country: Cointrin/GE, Switzerland/CH
Interest: 100,00% voting right, 100,00% capital
interest
Class: 100%, indirectly held
Name: Louis
Dreyfus Commodities Lint SA
City/Country: Cointrin/GE, Switzerland/CH
Interest: 100,00% voting right, 100,00% capital
interest
Class: 100%, directly held
Name: Louis
Dreyfus Company Juices Suisse SA
City/Country: Switzerland/CH
Interest: 100,00% voting right, 100,00% capital
interest
Sisters
Name: LDC HOLDING INC
City/Country: Wilmington/Delaware, United States of America/US
Name: Louis Dreyfus Commodities Colombia S A S
City/Country: Kolumbien, Colombia/CO
Name: Louis Dreyfus Commodities Italia s.p.a.
City/Country: Ravenne, Italy/IT
Name: Louis Dreyfus Commodities Portugal, LDA
City/Country: Lisboa, Portugal/PT
Name: Louis Dreyfus Company Asia Pte. Ltd
City/Country: Singapur, Singapore/SG
Name: Louis Dreyfus Company Espana sa
City/Country: Madrid, Spain/ES
Name: Louis Dreyfus Company North American
Ventures GmbH
City/Country: Luzern/LU, Switzerland/CH
Name: LOUIS DREYFUS COMPANY POLSKA SP. Z O.O.
City/Country: WARSZAWA, Poland/PL
Financial
Data Louis Dreyfus Holding B.V.
Consolidation: consolidated
Industry: Trade/Industry
Fiscal year end: 31.12.2016 31.12.2015 31.12.2014
Number of months: 12 12 12
Currency: mil.
USD mil. USD mil. USD
Statement norm: IAS IAS IAS
Balance Sheet
Intangible fixed assets 632.0 597.0 607.0
Land and buildings 1,831.0
Other tangible fixed assets 3,300.0
Tangible fixed assets 5,131.0 5,279.0 5,622.0
Financial fixed assets 1,104.0 852.0 1,032.0
other fixed assets 301.0 342.0 295.0
Fixed assets 7,168.0 7,070.0 7,556.0
Stocks 6,485.0 5,304.0 6,391.0
Trade accounts receivable 2,475.0 4,768.0 5,458.0
Cash & Cash Equivalents 630.0 1,051.0 725.0
Securities 1,601.0 2,846.0 2,499.0
other trade accounts 1,691.0 79.0 122.0
Accruals 2,520.0 31.0 39.0
Other current assets 6,442.0 4,007.0 3,385.0
Current assets 15,402.0 14,079.0 15,234.0
Total assets 22,570.0 21,149.0 22,790.0
Capital 949.0 949.0 1,024.0
Other shareholders funds 4,317.0 3,774.0 4,768.0
Total shareholders equity 5,266.0 4,723.0 5,792.0
Minority interests -35.0 324.0 413.0
long term debt (financial debts) 3,950.0 4,003.0 4,317.0
Provisions 746.0 353.0 490.0
Other non current liabilities 152.0 587.0 643.0
Non current liabilities 4,848.0 4,943.0 5,450.0
short term debt (financial debts) 7,960.0 5,934.0 5,595.0
Trade accounts payable 1,801.0 3,821.0 4,267.0
Provisions 18.0 15.0 34.0
Accruals 1,511.0 76.0 72.0
other accounts payable 1,201.0 1,313.0 1,167.0
other current liabilities 2,730.0 1,404.0 1,273.0
Current liabilities 12,491.0 11,159.0 11,135.0
Shareh. equity, min. int. &
liabilities 22,570.0 21,149.0 22,790.0
Profit and loss
account
Sales 50,456.0 56,307.0 65,912.0
Net sales 50,456.0 56,307.0 65,912.0
Other operating revenue 199.0
Operating revenue 50,655.0 56,307.0 65,912.0
Cost of goods sold 49,275.0 54,556.0 63,847.0
Gross profit 1,380.0 1,751.0 2,065.0
Other operating expenses 751.0 882.0 940.0
Operating result 629.0 869.0 1,125.0
Interest revenues 31.0
other financial revenues 212.0 25.0 83.0
Financial income 243.0 25.0 83.0
Interest expenses 433.0 618.0 526.0
other financial expenses 212.0 10.0 87.0
Financial expenses 645.0 628.0 613.0
Financial result -402.0 -603.0 -530.0
Result before extraordinary items 227.0 266.0 595.0
Extraordinary income 6.0 7.0
Extraordinary Result 6.0 7.0
Result before taxes 227.0 272.0 602.0
Taxes 103.0 257.0 182.0
Result before minority interests 124.0 15.0 420.0
minority interests -44.0 -50.0 -61.0
Result for the financial year 168.0 65.0 481.0
Cash flow
Depreciation 457.0
Cash flow 625.0
Cash flow from operating activities -313.0
Cash flow from investing activities -451.0
Cash flow from financing activities 353.0
Others 9.0
Change in liquidity -402.0
Liquidity at beginning of the year 1,032.0
Liquidity at end of the year 630.0
Notes
Cost of employees 1,160.0
Added value 2,277.0 416.0 837.0
Working Capital 7,159.0 7,732.0 8,818.0
Net Current Assets 2,911.0 2,920.0 4,099.0
Sales per Employee 1.4 2.5 3.0
Gross cost land and buildings 2,528.0
Gross cost other tangible fixed assets 5,338.0
Gross cost total 7,866.0
Employees
at year end 35,890 22,000 21,700
Financials
Balance
sheet publication:
The
subject company does not publish financial figures.
Legal
Actions
Control date Year No. Amount CHF Status
21.04.2016 2016 0 Legal
actions
31.12.2013 2013 0 Legal
actions
31.12.2012 2012 0 Legal
actions
31.12.2011 2011 0 Legal
actions
31.12.2010 2010 0 Legal
actions
31.12.2009 2009 0 Legal
actions
31.12.2008 2008 0 Legal
actions
31.12.2007 2007 0 Legal actions
No legal
actions determined.
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
We did
not find the company included on the various international sanctions lists,
such as the OFAC (Office of Foreign Assets Control), the BIS (Bureau of
Industry and Security), the European Union Restrictive measures (sanctions)
list, the Export Control Organisation (ECO) of the UK, the Australian
Department of Foreign Affairs and Trade.
Payment
experiences
There
are irregularities on record.
Debt
collection cases:
MAY
2016: CHF 35.00, in process.
JUL
2015: CHF 4'141.00, paid.
OCT
2012: CHF 1'194.00, paid.
AUG
2012: CHF 1'911.00, paid.
MAR 2009:
CHF 640.00, paid.
NOV
2008: CHF 498.00.
Credit
Information
Financial Statements: The company does not disclose any financial
statements. Third parties are not permitted any insight into the financial
affairs. It is therefore difficult to make a proper assessment of the actual
situation.
Financial Situation: The financial situation is good.
Payment experiences: Regular.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 65.02 |
|
|
1 |
INR 90.12 |
|
Euro |
1 |
INR 80.09 |
|
CHF |
1 |
INR 68.60 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIS |
|
|
|
|
Report Prepared
by : |
TRU |
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.