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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

498958

Report Date :

27.03.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

MERCK KOMMANDITGESELLSCHAFT AUF AKTIEN

 

 

Registered Office :

Frankfurter Str. 250, D 64293 Darmstadt

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2016

 

 

Date of Incorporation :

1668

 

 

Com. Reg. No.:

HRB 6164

 

 

Legal Form :

Partnership Limited By Shares

 

 

Line of Business :

·         Manufacture of other chemical products n.e.c.

·         Manufacture of pharmaceutical preparations

·         Wholesale of pharmaceutical goods

·         Wholesale of chemical products

 

 

No. of Employees :

9,744

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

A+

 

Credit Rating

 

Explanation

Rating Comments

A+

Low Risk

Business dealings permissible with low risk of default

 

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

 

Country Name

Previous Rating

(30.09.2017)

Current Rating

(31.12.2017)

Germany

A1

A1

 

Risk Category

 

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

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

 

 


Company name & address

 

MERCK KOMMANDITGESELLSCHAFT AUF AKTIEN

 

 Company Status:         active

                                    Frankfurter Str. 250

                                    D 64293 Darmstadt

                                    Telephone:06151/720

                                    Telefax:  01651/722000

                                    Homepage: www.merckgroup.com

                                    E-mail:   service@merckgroup.com

 

 VAT no.:                      DE811850788

 

 

CONCLUSION

 

 Business relations are permissible.

 

 LEGAL FORM           Partnership Limited By Shares

 Date of foundation:  1668

 Registered on:       18.07.1995

 Commercial Register: Local court 64283 Darmstadt

 under:               HRB 6164

 

 Share capital:                          EUR        168,014,927.60

 

                      The company is listed on the stock market.

 

 General partner:

                      Walter Galinat

                      D 64859 Eppertshausen

                      born: 31.01.1956

 General partner:

                      E. Merck KG

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Limited partnership

                      Total cap.         EUR          1,550,000.00

                      contribution:

                      Registered on: 18.02.1863

                      Reg. data: 64283 Darmstadt, HRA 3614

 

 General partner:

                      Dr. Frank Stangenberg-Haverkamp

                      Dieburger Str. 235

                      D 64287 Darmstadt

                      born: 02.08.1948

                      Profession: Businessman

                      Marital status: unknown

 General partner:

                      Walter Galinat

                      D 64859 Eppertshausen

                      born: 31.01.1956

 General partner:

                      Dr. Stefan J. Oschmann

                      Oranienstr. 92

                      D 65812 Bad Soden

                      born: 25.07.1957

                      Profession: Manager

                      Marital status: married

 General partner:

                      Dr. Bernd Reckmann

                      D 64342 Seeheim-Jugenheim

                      born: 31.12.1955

 General partner:

                      Dr. Kai Wolfgang Beckmann

                      Römheldweg 34

                      D 64287 Darmstadt

                      born: 13.09.1965

 General partner:

                      Johannes Baillou

                      A  Wien

                      born: 25.04.1965

                      Nationality: Austrian

 General partner:

                      Dr. Udit Batra

                      USA  Wellesley, Massachusetts

                      born: 07.01.1971

                      Nationality: USA

 General partner:

                      Belén Garijo Lopez

                      D 60306 Frankfurt

                      born: 31.07.1960

                      Nationality: Spanish

                      Marital status: unknown

 General partner:

                      Dr. Marcus Kuhnert

                      D 61462 Königstein

                      born: 23.10.1968

 Proxy:

                      Thomas Zens

                      D 64283 Darmstadt

                      authorized to jointly represent the company

                      born: 29.12.1961

 Proxy:

                      Sylvia Kleemann

                      D 61440 Oberursel

                      authorized to jointly represent the company

                      born: 26.09.1969

 Proxy:

                      Dr. Friederike Rotsch

                      D 61462 Königstein

                      authorized to jointly represent the company

                      born: 31.10.1972

 General partner:

                      Dr. Stefan J. Oschmann

                      Oranienstr. 92

                      D 65812 Bad Soden

                      born: 25.07.1957

                      Profession: Manager

                      Marital status: married

 General partner:

                      Dr. Kai Wolfgang Beckmann

                      Römheldweg 34

                      D 64287 Darmstadt

                      born: 13.09.1965

 General partner:

                      Dr. Udit Batra

                      USA  Wellesley, Massachusetts

                      born: 07.01.1971

                      Nationality: USA

 General partner:

                      Belén Garijo Lopez

                      D 60306 Frankfurt

                      born: 31.07.1960

                      Nationality: Spanish

                      Marital status: unknown

 General partner:

                      Dr. Marcus Kuhnert

                      D 61462 Königstein

                      born: 23.10.1968

 Limited liability shareholder:

                      Allianz Global Investors GmbH

                      Bockenheimer Landstr. 42-44

                      D 60323 Frankfurt

                      Post Box:

                      11 04 43, D 60036 Frankfurt

                      Legal form: Private limited company

                      Share capital:     EUR         49,900,900.00

                      Share:                               2.790 %

                      Registered on: 10.04.1968

                      Reg. data: 60313 Frankfurt, HRB 9340

 Limited liability shareholder:

                      Credit Suisse Group AG

                      Paradeplatz 8

                      CH 8001 Zürich

                      Legal form: Other legal form

                      Share:                               4.420 %

 Limited liability shareholder:

                      BlackRock, Inc.

                      40 East 52nd Street

                      USA 10022 New York

                      Legal form: Other legal form

                      Share:                               7.200 %

 Limited liability shareholder:

                      Sun Life Financial Inc.

                      1 Yonge St #109

                      CDN ON M5E 1E6 Toronto

                      Legal form: Other legal form

                      Share:                               5.000 %

 Limited liability shareholder:

                      Templeton Global Advisors Limited

                      BS - Nassau

                      Legal form: Other legal form

                      Share:                               5.950 %

                      Reg. data: 56410 Montabaur,

 Limited liability shareholder:

                      Franklin Resources, Inc.

                      USA  San Mateo, Californien

                      Legal form: Other legal form

                      Share:                               5.000 %

 President of the Supervisory Board:

                      Dr. Wolfgang Büchele

                      D 80331 München

                      born: 11.08.1959 in Geislingen

                      Profession: Fully qualified chemist

                      Marital status: unknown

 Vice-president of the Supervisory Board:

                      Michael Fletterich

                      D 64579 Gernsheim

                      born: 14.03.1958

                      Profession: Architectural dranghtsman

 Shareholder representative within the Supervisory Board:

                      Prof. Dr. rer. pol. Theo Siegert

                      An der Kalvey 11

                      D 40489 Düsseldorf

                      born: 08.04.1947 in Düsseldorf

                      Profession: Fully qualified merchant

 Shareholder representative within the Supervisory Board:

                      Prof. Dr. med. Gregor Schulz

                      Rosenstr. 13

                      D 79224 Umkirch

                      born: 26.03.1950

                      Profession: Doctor

                      Marital status: married

 Shareholder representative within the Supervisory Board:

                      Prof. Dr. Helga Rübsamen-Schaeff

                      Schevenhofer Weg 32

                      D 42111 Wuppertal

                      born: 13.01.1949 in Münchberg/Ofr.

                      Profession: Manager

 Shareholder representative within the Supervisory Board:

                      Albrecht Merck

                      D 69198 Schriesheim

                      born: 29.01.1950

 Shareholder representative within the Supervisory Board:

                      Michaela Freifrau von Glenck

                      CH  Zürich

                      born: 23.08.1946

                      Profession: Educationalist

                      Nationality: Swiss

 Shareholder representative within the Supervisory Board:

                      Dr. Siegfried Karjetta

                      Leo-Tolstoi-Str. 15

                      D 64297 Darmstadt

                      born: 26.06.1954

 Shareholder representative within the Supervisory Board:

                      Tobias Thelen

                      Amigonistr. 1

                      D 80638 München

                      born: 24.02.1976 in Bochum

                      Profession: Fully qualified political

                      economist

                      Marital status: unknown

 Representative of the Employees within the Supervisory Board:

                      Edeltraud Glänzer

                      D 30159 Hannover

                      born: 19.12.1955 in Hannoversch-Münden

                      Profession: Fully qualified educationalist

 Representative of the Employees within the Supervisory Board:

                      Alexander Putz

                      Bremhofer Weg 20

                      D 64720 Michelstadt

                      born: 18.10.1966

                      Profession: Chemical laboratory technician

 Representative of the Employees within the Supervisory Board:

                      Dr. Dietmar Oeter

                      D 64342 Seeheim-Jugenheim

                      born: 04.09.1966

                      Profession: Fully qualified chemist

 Representative of the Employees within the Supervisory Board:

                      Crocifissa Attardo

                      D 64283 Darmstadt

                      born: 31.01.1962

                      Profession: Industrial manager

 Representative of the Employees within the Supervisory Board:

                      Dr. Mechthild Auge

                      D 61273 Wehrheim

                      born: 12.11.1957

                      Profession: degree-level domestic scientist

 Representative of the Employees within the Supervisory Board:

                      Dr. rer. nat. Gabriele Eismann

                      D 64342 Seeheim-Jugenheim

                      born: 14.11.1961

                      Profession: Fully qualified chemist

                      Marital status: unknown

 Representative of the Employees within the Supervisory Board:

                      Dr. Veit Ulshöfer

                      D 71696 Möglingen

 Proxy:

                      Dietmar Eidens

                      D 64293 Darmstadt

                      authorized to jointly represent the company

                      born: 13.03.1958

                      Marital status: unknown

 Proxy:

                      Constantin Birnstiel

                      Volkartstr. 2 b

                      D 80634 München

                      authorized to jointly represent the company

                      born: 09.07.1971

                      Profession: Clerk

                      Marital status: single

 Proxy:

                      Klaus Schwab

                      Taunusstr. 23

                      D 61184 Karben

                      authorized to jointly represent the company

                      Marital status: unknown

 Proxy:

                      Dr. Wolfgang Losert

                      D 65597 Hünfelden

                      authorized to jointly represent the company

                      born: 06.03.1957

                      Marital status: unknown

 Proxy:

                      Dr. Dorothea Wenzel

                      Kiesstr. 57

                      D 64283 Darmstadt

                      authorized to jointly represent the company

                      born: 16.04.1969

                      Marital status: unknown

 Proxy:

                      Dr. Andreas Kruse

                      D 64853 Otzberg

                      authorized to jointly represent the company

                      born: 16.09.1957

 Proxy:

                      Rando Bruns

                      Großgewann 6c

                      D 55129 Mainz

                      authorized to jointly represent the company

                      born: 15.05.1967

                      Marital status: unknown

 Proxy:

                      Dr. Frank-Andreas Steinstrasser

                      D 64367 Mühltal

                      authorized to jointly represent the company

                      born: 02.10.1957

 Proxy:

                      Dr. Martin Hostalek

                      D 64283 Darmstadt

                      authorized to jointly represent the company

                      born: 14.01.1955

 Proxy:

                      Dr. Roman Maisch

                      Im Sanktwendel 33

                      D 64342 Seeheim-Jugenheim

                      authorized to jointly represent the company

                      born: 02.05.1956 in Unterelsbach

                      Marital status: married

 Proxy:

                      Thomas Zens

                      D 64283 Darmstadt

                      authorized to jointly represent the company

                      born: 29.12.1961

 Proxy:

                      Philipp Bühler

                      Robert-Schneider-Str. 35

                      D 64289 Darmstadt

                      authorized to jointly represent the company

                      born: 12.04.1967

                      Profession: Solicitor

 Proxy:

                      Francois Feig

                      D 66773 Schwalbach

                      authorized to jointly represent the company

                      born: 15.07.1967

 Proxy:

                      Uta Kemmerich-Keil

                      D 64283 Darmstadt

                      authorized to jointly represent the company

                      born: 27.12.1966

 Proxy:

                      Dr. Frank Westmeier

                      D 64839 Münster

                      authorized to jointly represent the company

                      born: 28.07.1958

 Proxy:

                      Arno Hartmann

                      D 64354 Reinheim

                      authorized to jointly represent the company

                      born: 29.10.1960

 Proxy:

                      Mathias Grünewald

                      D 64823 Groß-Umstadt

                      authorized to jointly represent the company

                      born: 09.11.1963

 Proxy:

                      Gerhard Schmitz

                      D 64521 Groß-Gerau

                      authorized to jointly represent the company

                      born: 26.01.1963

                      Marital status: unknown

 Proxy:

                      Oliver Kläffling

                      D 63454 Hanau

                      authorized to jointly represent the company

                      born: 30.07.1969

 Proxy:

                      Dr. Michael Wilk

                      D 64846 Groß-Zimmern

                      authorized to jointly represent the company

                      born: 08.05.1963

 Proxy:

                      Dr. Frank Weber

                      D 63128 Dietzenbach

                      authorized to jointly represent the company

                      born: 19.09.1960

 Proxy:

                      Dr. Steven Hildemann

                      D 83707 Bad Wiessee

                      authorized to jointly represent the company

                      born: 14.01.1962

 Proxy:

                      Dr. Martin André

                      D 55128 Mainz

                      authorized to jointly represent the company

                      born: 16.08.1960

                      Marital status: unknown

 Proxy:

                      Dr. Dietmar Möller

                      D 55276 Oppenheim

                      authorized to jointly represent the company

                      born: 15.02.1962

 Proxy:

                      Dr. Michael Grund

                      D 64380 Roßdorf

                      authorized to jointly represent the company

                      born: 05.01.1968

 Proxy:

                      Dr. Stefan Horstmann

                      D 64646 Heppenheim

                      authorized to jointly represent the company

                      born: 09.09.1967

 Proxy:

                      Sylvia Kleemann

                      D 61440 Oberursel

                      authorized to jointly represent the company

                      born: 26.09.1969

 Proxy:

                      Jörg Bernd Bermüller

                      D 60311 Frankfurt

                      authorized to jointly represent the company

                      born: 25.09.1971

 Proxy:

                      Markus Bamberger

                      D 64342 Seeheim-Jugenheim

                      authorized to jointly represent the company

                      born: 14.11.1968

 Proxy:

                      Manfred Fischer

                      D 64807 Dieburg

                      authorized to jointly represent the company

                      born: 06.01.1961

 Proxy:

                      Dr. Daniele Bruns

                      D 64293 Darmstadt

                      authorized to jointly represent the company

                      born: 04.07.1955

 Proxy:

                      Prof. Dr. Herwig Buchholz

                      D 60311 Frankfurt

                      authorized to jointly represent the company

                      born: 06.09.1960

 Proxy:

                      Dr. Andreas Pies

                      D 64293 Darmstadt

                      authorized to jointly represent the company

                      born: 28.05.1964

 Proxy:

                      Hans-Jürgen Müller

                      D 44135 Dortmund

                      authorized to jointly represent the company

                      born: 15.06.1957

 Proxy:

                      Dr. Monika Dorda

                      D 64293 Darmstadt

                      authorized to jointly represent the company

                      born: 13.09.1964

                      Nationality: Austrian

 Proxy:

                      Dr. Friederike Rotsch

                      D 61462 Königstein

                      authorized to jointly represent the company

                      born: 31.10.1972

 Proxy:

                      Dr. Michael Eckrich

                      D 63450 Hanau

                      authorized to jointly represent the company

                      born: 24.12.1957

 Proxy:

                      Britta Paschen

                      D 64367 Mühltal

                      authorized to jointly represent the company

                      born: 27.09.1962

 Proxy:

                      Dr. Sabine Schoen

                      D 45699 Herten

                      authorized to jointly represent the company

                      born: 30.05.1963

 Proxy:

                      Dr. Oliver Kisker

                      Georg-Büchner-Str. 12

                      D 64380 Roßdorf

                      authorized to jointly represent the company

                      born: 01.03.1963

 Proxy:

                      Volker Böth

                      D 64354 Reinheim

                      authorized to jointly represent the company

                      born: 27.12.1963

 Proxy:

                      Dr. Stefan Fandel

                      D 55270 Klein-Winternheim

                      authorized to jointly represent the company

                      born: 06.12.1975

 Proxy:

                      Dr. Peter-Ulrich Mannheimer

                      D 64380 Roßdorf

                      authorized to jointly represent the company

                      born: 23.04.1962

 Proxy:

                      Klaudia Doris Birkental

                      D 63303 Dreieich

                      authorized to jointly represent the company

                      born: 31.01.1960

 Proxy:

                      Dr. Robert Nass

                      D 68159 Mannheim

                      authorized to jointly represent the company

                      born: 11.04.1965

 Proxy:

                      Jörn Flachsbarth

                      D 64347 Griesheim

                      authorized to jointly represent the company

                      born: 10.10.1967

 Proxy:

                      Matthias Bürk

                      D 65239 Hochheim

                      authorized to jointly represent the company

                      born: 31.03.1967

 Proxy:

                      Dr. Thorsten Clajus

                      D 64665 Alsbach-Hähnlein

                      authorized to jointly represent the company

                      born: 28.11.1969

 Proxy:

                      Friedhelm Felten

                      D 64347 Griesheim

                      authorized to jointly represent the company

                      born: 18.04.1965

 Proxy:

                      Dr. Dietmar Oeter

                      D 64342 Seeheim-Jugenheim

                      authorized to jointly represent the company

                      born: 04.09.1966

                      Profession: Fully qualified chemist

 Proxy:

                      Dr. Rainer Michling

                      D 64354 Reinheim

                      authorized to jointly represent the company

                      born: 30.03.1957

 Proxy:

                      Dr. Michael Heckmeier

                      D 69502 Hemsbach

                      authorized to jointly represent the company

                      born: 26.11.1967

 Proxy:

                      Dieter Held

                      D 68642 Bürstadt

                      authorized to jointly represent the company

                      born: 29.03.1963

 Proxy:

                      Joachim Christ

                      D 65817 Eppstein

                      authorized to jointly represent the company

                      born: 17.11.1964

 Proxy:

                      Frank Seeber

                      D 64293 Darmstadt

                      authorized to jointly represent the company

                      born: 11.03.1962

 Proxy:

                      Jens Eckhardt

                      D 60306 Frankfurt

                      authorized to jointly represent the company

                      born: 22.03.1966

 Proxy:

                      Dr. Peter Müller

                      D 51427 Bergisch Gladbach

                      authorized to jointly represent the company

                      born: 13.02.1968

 Proxy:

                      Simon Sturge

                      D 64287 Darmstadt

                      authorized to jointly represent the company

                      born: 13.03.1959

 Proxy:

                      Sven Vogelgesang

                      D 64665 Alsbach-Hähnlein

                      authorized to jointly represent the company

                      born: 26.09.1968

 Proxy:

                      Dr. Hans-Joachim Neumann

                      Dieburger Str. 265

                      D 64287 Darmstadt

                      authorized to jointly represent the company

                      born: 09.09.1961

 Proxy:

                      Dr. Markus Peuker

                      Fuchsbichl 45

                      D 82057 Icking

                      authorized to jointly represent the company

                      born: 18.05.1972

 Proxy:

                      Helmut Josef Dauscher

                      D 64331 Weiterstadt

                      authorized to jointly represent the company

                      born: 31.12.1958

                      Marital status: unknown

 Proxy:

                      Karlheinz Schnägelberger

                      D 64347 Griesheim

                      authorized to jointly represent the company

                      born: 23.08.1955

                      Marital status: unknown

 Proxy:

                      Petra Wicklandt

                      D 65428 Rüsselsheim

                      authorized to jointly represent the company

                      born: 26.06.1964

                      Marital status: unknown

 Proxy:

                      Roman Morten Werth

                      D 65812 Bad Soden

                      authorized to jointly represent the company

                      born: 14.09.1976

 Proxy:

                      James Stewart

                      D 61440 Oberursel

                      authorized to jointly represent the company

                      born: 08.01.1961

 Proxy:

                      Hendrik Czirwitzky

                      D 60265 Frankfurt

                      authorized to jointly represent the company

                      born: 14.12.1968

 Proxy:

                      Philip Schäfer

                      D 60306 Frankfurt

                      authorized to jointly represent the company

                      born: 20.11.1975

 Proxy:

                      Jonas Kölle

                      D 69118 Heidelberg

                      authorized to jointly represent the company

                      born: 23.04.1975

 Proxy:

                      Jörg Landau

                      D 64347 Griesheim

                      authorized to jointly represent the company

                      born: 05.05.1968

 Proxy:

                      Dr. Matthias Bucerius

                      D 68159 Mannheim

                      authorized to jointly represent the company

                      born: 12.12.1972

 Proxy:

                      Isabel De Paoli

                      D 65779 Kelkheim

                      authorized to jointly represent the company

                      born: 02.09.1974

 Proxy:

                      Philip Roland Heßen

                      D 64293 Darmstadt

                      authorized to jointly represent the company

                      born: 25.07.1978

 Proxy:

                      Thomas Klement

                      D 64380 Roßdorf

                      authorized to jointly represent the company

                      born: 03.04.1963

 Proxy:

                      Rehan Verjee

                      D 64293 Darmstadt

                      authorized to jointly represent the company

                      born: 12.05.1980

 Proxy:

                      Wolf Hendrik Schrader

                      D 64404 Bickenbach

                      authorized to jointly represent the company

                      born: 01.12.1972

 Proxy:

                      Dr. Klaus Urbahns

                      D 64319 Pfungstadt

                      authorized to jointly represent the company

                      born: 20.05.1965

 

 Further functions/participations of Walter Galinat (General

 partner)

 General partner:

                      E. Merck KG

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Limited partnership

                      Total cap.         EUR          1,550,000.00

                      contribution:

                      Registered

                      on:         18.02.1863

                      Reg. data:  64283 Darmstadt, HRA 3614

 

 Further functions/participations of E. Merck KG (General partner)

 General partner:

                      Dr. Karl Korth Monokristalle Kristalloptik

                      OHG

                      Am Jägersberg 3

                      D 24161 Altenholz

                      Legal form: General Partnership

                      Registered

                      on:         20.04.1972

                      Reg. data:  24114 Kiel, HRA 212 EC

 Shareholder:

                      Emanuel Merck GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Registered

                      on:         09.12.2002

                      Reg. data:  64283 Darmstadt, HRB 8707

 

 Further functions/participations of Dr. Stefan J. Oschmann

 (General partner)

 General partner:

                      E. Merck KG

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Limited partnership

                      Total cap.         EUR          1,550,000.00

                      contribution:

                      Registered

                      on:         18.02.1863

                      Reg. data:  64283 Darmstadt, HRA 3614

 

 Further functions/participations of Dr. Kai Wolfgang Beckmann

 (General partner)

 General partner:

                      E. Merck KG

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Limited partnership

                      Total cap.         EUR          1,550,000.00

                      contribution:

                      Registered

                      on:         18.02.1863

                      Reg. data:  64283 Darmstadt, HRA 3614

 Member of the Supervisory Board:

                      Bundesdruckerei GmbH

                      Kommandantenstr. 18

                      D 10969 Berlin

                      Legal form: Private limited company

                      Share capital:     EUR         11,100,000.00

                      Registered

                      on:         15.06.2001

                      Reg. data:  14057 Berlin, HRB 80443 B

 Member of the Chairing-committee:

                      Bundesvereinigung der Deutschen

                      Arbeitgeberverbände

                      Breite Str. 29

                      D 10178 Berlin

                      Legal form: Registered association

                      Registered

                      on:         19.10.2000

                      Reg. data:  14057 Berlin, VR 20266 NZ

 

 Further functions/participations of Dr. Udit Batra (General

 partner)

 General partner:

                      E. Merck KG

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Limited partnership

                      Total cap.         EUR          1,550,000.00

                      contribution:

                      Registered

                      on:         18.02.1863

                      Reg. data:  64283 Darmstadt, HRA 3614

 

 Further functions/participations of Belén Garijo Lopez (General

 partner)

 General partner:

                      E. Merck KG

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Limited partnership

                      Total cap.         EUR          1,550,000.00

                      contribution:

                      Registered

                      on:         18.02.1863

                      Reg. data:  64283 Darmstadt, HRA 3614

 Member of the Board of Directors:

                      Banco Bilbao Vizcaya Argentaria, S.A.,

                      Niederlassung Deutschland

                      Neue Mainzer Str. 28

                      D 60311 Frankfurt

                      Legal form: Branch of a public limited

                                  company under foreign law

                      Share capital:     EUR      3,267,264,424.20

                      Registered

                      on:         03.12.2007

                      Reg. data:  60313 Frankfurt, HRB 81939

 Member of the Board of Directors:

                      Banco Bilbao Vizcaya Argentaria, S.A.,

                      Niederlassung Deutschland

                      Benrather Str. 18-20

                      D 40213 Düsseldorf

                      Legal form: Branch of a public limited

                                  company under foreign law

                      Share capital:     EUR      3,267,264,424.20

                      Registered

                      on:         12.12.2007

                      Reg. data:  40227 Düsseldorf, HRB 57789

 

 Further functions/participations of Dr. Marcus Kuhnert (General

 partner)

 General partner:

                      E. Merck KG

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Limited partnership

                      Total cap.         EUR          1,550,000.00

                      contribution:

                      Registered

                      on:         18.02.1863

                      Reg. data:  64283 Darmstadt, HRA 3614

 

 

RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

 14.12.2016 - 18.04.2017  Member of the Supervisory Board

                          Dr. rer. nat. Karl-Heinz Scheider

                          D 64846 Groß-Zimmern

 13.06.2015 - 17.10.2016  General partner

                          Dr. Karl-Ludwig Kley

                          D 50667 Köln

 13.06.2015 - 06.07.2016  General partner

                          Dr. Bernd Reckmann

                          D 64342 Seeheim-Jugenheim

 06.02.2007 - 12.06.2015  General partner

                          Dr. Bernd Reckmann

                          D 64342 Seeheim-Jugenheim

 06.11.2006 - 12.06.2015  General partner

                          Dr. Karl-Ludwig Kley

                          D 50667 Köln

 

 

BUSINESS ACTIVITIES

 

 Main industrial sector

 2059    Manufacture of other chemical products n.e.c.

21200   Manufacture of pharmaceutical preparations

46461   Wholesale of pharmaceutical goods

4675    Wholesale of chemical products

 

 

BRANCHES AND FACTORIES

 

 Branch:

                      MERCK Kommanditgesellschaft auf Aktien

                      Mainzer Str. 41

                      D 64579 Gernsheim

                      TEL.: 06258/12-0

                      FAX.: 06258/12-6330

 Branch:

                      MERCK Kommanditgesellschaft auf Aktien

                      Am Feld 23

                      D 85567 Grafing

                      TEL.: 08092/70080

                      FAX.: 08092/700899

 Branch:

                      MERCK Kommanditgesellschaft auf Aktien

                      Virchowstr. 15

                      D 64291 Darmstadt

                      TEL.: 06151/725561

 

 

PARTICIPATIONS

 

 General partner:

                      Merck Schuchardt OHG

                      Eduard-Buchner-Str. 14-20

                      D 85662 Hohenbrunn

                      Legal form: General Partnership

                      Company Status: active

                      Reg. data:  02.01.1959

                                  Local court 80333 München

                                  HRA 13600

 Limited partner:

                      AB Allgemeine Pensions GmbH & Co KG

                      Berliner Allee 52

                      D 15806 Zossen

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Company Status: active

                      Total cap.         EUR              1,000.00

                      contribution:

                      Share:             EUR              1,000.00

                      Reg. data:  20.12.2012

                                  Local court 14467 Potsdam

                                  HRA 5771 P

 Limited partner:

                      PrintCity GmbH & Co. KG

                      Eichenstr. 10

                      D 82061 Neuried

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Company Status: active

                      Total cap.         EUR              6,480.00

                      contribution:

                      Share:             EUR                489.00

                      Reg. data:  25.05.2009

                                  Local court 80333 München

                                  HRA 93911

 Shareholder:

                      Merck Holding GmbH

                      Mainzer Str. 41

                      D 64579 Gernsheim

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR        122,452,350.00

                      Share:             EUR        122,452,350.00

                      Reg. data:  02.02.1999

                                  Local court 64283 Darmstadt

                                  HRB 7293

 Shareholder:

                      Merck Wohnungs- und

                      Grundstücksverwaltunggesellschaft mbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          3,834,700.00

                      Share:             EUR          3,834,700.00

                      Reg. data:  27.01.1992

                                  Local court 64283 Darmstadt

                                  HRB 1197

 Shareholder:

                      Chemitra Gesellschaft mit beschränkter

                      Haftung

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          2,431,051.00

                      Share:             EUR          2,431,051.00

                      Reg. data:  01.02.1989

                                  Local court 64283 Darmstadt

                                  HRB 1256

 Shareholder:

                      Merck Life Science GmbH

                      Lilienthalstr. 16

                      D 69214 Eppelheim

                      Post Box:

                      10 26 42

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          1,200,000.00

                      Share:             EUR          1,200,000.00

                      Reg. data:  16.07.1979

                                  Local court 68159 Mannheim

                                  HRB 331723

 Shareholder:

                      Merck Accounting Solutions & Services Europe

                      GmbH

                      Marburger Str. 14

                      D 64289 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          1,000,000.00

                      Share:             EUR          1,000,000.00

                      Reg. data:  08.03.2004

                                  Local court 64283 Darmstadt

                                  HRB 9074

 Shareholder:

                      Azelis Deutschland Kosmetik GmbH

                      Galmesweg 65

                      D 47445 Moers

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          1,278,229.70

                      Share:             EUR            127,822.97

                      Reg. data:  01.08.2006

                                  Local court 47533 Kleve

                                  HRB 8255

 Shareholder:

                      Merck Consumer Health Holding Germany GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             35,000.00

                      Share:             EUR             35,000.00

                      Reg. data:  25.08.2017

                                  Local court 64283 Darmstadt

                                  HRB 96908

 Shareholder:

                      Merck Serono GmbH

                      Alsfelder Str. 17

                      D 64289 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             27,000.00

                      Share:             EUR             27,000.00

                      Reg. data:  27.08.2007

                                  Local court 64283 Darmstadt

                                  HRB 86145

 Shareholder:

                      Sigma-Aldrich Verwaltungs GmbH

                      Riedstr. 2

                      D 89555 Steinheim

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             26,000.00

                      Share:             EUR             26,000.00

                      Reg. data:  22.12.1970

                                  Local court 89073 Ulm

                                  HRB 660099

 Shareholder:

                      Merck Vierte Allgemeine

                      Beteiligungsgesellschaft mbH

                      Mainzer Str. 41

                      D 64579 Gernsheim

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             26,000.00

                      Share:             EUR             26,000.00

                      Reg. data:  20.11.2002

                                  Local court 64283 Darmstadt

                                  HRB 8690

 Shareholder:

                      Merck 12. Allgemeine Beteiligungs-GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             26,000.00

                      Share:             EUR             26,000.00

                      Reg. data:  20.12.2012

                                  Local court 64283 Darmstadt

                                  HRB 91712

 Shareholder:

                      Merck Versicherungsvermittlung GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,600.00

                      Share:             EUR             25,600.00

                      Reg. data:  02.07.1963

                                  Local court 64283 Darmstadt

                                  HRB 1259

 Shareholder:

                      PharmLog Pharma Logistik GmbH

                      Siemensstr. 1

                      D 59199 Bönen

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            153,387.54

                      Share:             EUR             25,564.59

                      Reg. data:  11.08.1993

                                  Local court 59065 Hamm

                                  HRB 3673

 Shareholder:

                      Merck Consumer Health Holding GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,100.00

                      Share:             EUR             25,100.00

                      Reg. data:  16.07.2001

                                  Local court 64283 Darmstadt

                                  HRB 8241

 Shareholder:

                      Merck International GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,001.00

                      Share:             EUR             25,001.00

                      Reg. data:  26.04.2013

                                  Local court 64283 Darmstadt

                                  HRB 92145

 Shareholder:

                      Merck 31. Allgemeine Beteiligungs-GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  18.01.2017

                                  Local court 64283 Darmstadt

                                  HRB 96230

 Shareholder:

                      Merck Healthcare Germany GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  19.01.2017

                                  Local court 64283 Darmstadt

                                  HRB 96240

 Shareholder:

                      Merck Life Science Holding GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  04.10.2017

                                  Local court 64283 Darmstadt

                                  HRB 97051

 Shareholder:

                      Merck 30. Allgemeine Beteiligungs-GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  20.01.2017

                                  Local court 64283 Darmstadt

                                  HRB 96249

 Shareholder:

                      Merck 24. Allgemeine Beteiligungs-GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  23.01.2017

                                  Local court 64283 Darmstadt

                                  HRB 96253

 Shareholder:

                      Merck Real Estate GmbH

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  23.01.2017

                                  Local court 64283 Darmstadt

                                  HRB 96251

 Shareholder:

                      Merck 26. Allgemeine Beteiligungs-GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  23.01.2017

                                  Local court 64283 Darmstadt

                                  HRB 96250

 Shareholder:

                      Merck 25. Allgemeine Beteiligungs-GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  24.01.2017

                                  Local court 64283 Darmstadt

                                  HRB 96259

 Shareholder:

                      Merck 41. Allgemeine Beteiligungs-GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  08.08.2017

                                  Local court 64283 Darmstadt

                                  HRB 96840

 Shareholder:

                      LITEC-LLL GmbH

                      Siemensallee 1

                      D 17489 Greifswald

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  21.02.2003

                                  Local court 18439 Stralsund

                                  HRB 5623

 Shareholder:

                      Merck 39. Allgemeine Beteiligungs-GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  06.01.2018

                                  Local court 64283 Darmstadt

                                  HRB 97332

 Shareholder:

                      Merck 28. Allgemeine Beteiligungs-GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  30.01.2017

                                  Local court 64283 Darmstadt

                                  HRB 96292

 Shareholder:

                      Merck Performance Materials Germany GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  11.12.2014

                                  Local court 64283 Darmstadt

                                  HRB 93768

 Shareholder:

                      Merck Life Science Germany GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  12.12.2014

                                  Local court 64283 Darmstadt

                                  HRB 93771

 Shareholder:

                      Merck 37. Allgemeine Beteiligungs-GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  02.01.2018

                                  Local court 64283 Darmstadt

                                  HRB 97314

 Shareholder:

                      AB Pensionsverwaltung GmbH

                      Berliner Allee 52

                      D 15806 Zossen

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  19.12.2012

                                  Local court 14467 Potsdam

                                  HRB 25854 P

 Shareholder:

                      Merck 36. Allgemeine Beteiligungs-GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  26.09.2017

                                  Local court 64283 Darmstadt

                                  HRB 97019

 Shareholder:

                      Merck 29. Allgemeine Beteiligungs-GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  19.01.2017

                                  Local court 64283 Darmstadt

                                  HRB 96243

 Shareholder:

                      Merck Financial Services GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  27.08.2007

                                  Local court 64283 Darmstadt

                                  HRB 86146

 Shareholder:

                      Allergopharma Verwaltungs GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  15.08.2007

                                  Local court 64283 Darmstadt

                                  HRB 86117

 Shareholder:

                      Merck Export GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  03.12.2002

                                  Local court 64283 Darmstadt

                                  HRB 8703

 Shareholder:

                      Merck 38. Allgemeine Beteiligungs-GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  28.12.2017

                                  Local court 64283 Darmstadt

                                  HRB 97307

 Shareholder:

                      Merck Healthcare Holding GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  07.11.2017

                                  Local court 64283 Darmstadt

                                  HRB 97141

 Shareholder:

                      Merck Financial Trading GmbH

                      Mainzer Str. 41

                      D 64579 Gernsheim

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  15.12.2011

                                  Local court 64283 Darmstadt

                                  HRB 90629

 Shareholder:

                      Merck 40. Allgemeine Beteiligungs-GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  28.12.2017

                                  Local court 64283 Darmstadt

                                  HRB 97311

 Shareholder:

                      Merck 27. Allgemeine Beteiligungs-GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  16.01.2017

                                  Local court 64283 Darmstadt

                                  HRB 96225

 Shareholder:

                      Merck Foundation gGmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  30.05.2017

                                  Local court 64283 Darmstadt

                                  HRB 96678

 Shareholder:

                      Merck Performance Materials Holding GmbH

                      Frankfurter Str. 250

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  23.11.2017

                                  Local court 64283 Darmstadt

                                  HRB 97192

 Shareholder:

                      ALCAN Systems GmbH

                      Gräfenhäuser Str. 85

                      D 64293 Darmstadt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             38,570.00

                      Share:             EUR                820.00

                      Reg. data:  19.08.2016

                                  Local court 64283 Darmstadt

                                  HRB 95752

 

 

FINANCIAL INFORMATION

 

 Payment experience:  Regular

 

 Negative information: We have no negative information at hand.

 

 Balance sheet year:  2016

 

 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:   proprietor

 Share:                100.00 %

 Address              Frankfurter Str. 250

                      D 64293 Darmstadt

 

 Land register documents were not available.

 

 

BANKERS

 

 Principal bank

 COMMERZBANK VORMALS DRESDNER BANK, 64219 DARMSTADT

 Sort. code: 50880050

 BIC: DRESDEFF508

 

 Further banks

 COMMERZBANK, 64218 DARMSTADT

 Sort. code: 50840005

 BIC: COBADEFFXXX

 DEUTSCHE BANK, 64219 DARMSTADT

 Sort. code: 50870005

 BIC: DEUTDEFF508

 SEB, 63065 OFFENBACH AM MAIN

 Sort. code: 50510111

 BIC: ESSEDE5F505

 

 

FINANCIAL FIGURES

 

 Turnover:            2016               EUR      4,464,700,000.00

 Profit:              2016               EUR        155,900,000.00

 Equipment:                              EUR        141,800,000.00

 Ac/ts receivable:                       EUR        867,200,000.00

 Liabilities:                            EUR     12,768,900,000.00

 Real estate of the firm:                EUR        388,900,000.00

 Employees:                                                  9,744

 - Trainees:                                                   576

 

 

BALANCE SHEETS

 

 Balance sheet ratios 01.01.2016 - 31.12.2016

 Equity ratio [%]:                 29.33

 Liquidity ratio:                   0.07

 Return on total capital [%]:       2.93

 

 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:      01.01.2016 - 31.12.2016

 

 ASSETS                                  EUR     19,094,900,000.00

  Fixed assets                           EUR     17,562,700,000.00

   Intangible assets                     EUR        249,700,000.00

    Other / unspecified intangible assetsEUR        249,700,000.00

   Tangible assets                       EUR      1,002,900,000.00

    Other / unspecified tangible assets  EUR      1,002,900,000.00

   Financial assets                      EUR     16,310,100,000.00

    Other / unspecified financial assets EUR     16,310,100,000.00

  Current assets                         EUR      1,504,500,000.00

   Stocks                                EUR        635,400,000.00

    Raw materials, consumables and

    supplies                             EUR        149,900,000.00

    Finished goods / work in progress    EUR        483,100,000.00

    Advance payments made                EUR          2,400,000.00

   Accounts receivable                   EUR        867,200,000.00

    Trade debtors                        EUR        290,900,000.00

    Other debtors and assets             EUR        576,300,000.00

   Liquid means                          EUR          1,900,000.00

  Remaining other assets                 EUR         27,700,000.00

   Accruals (assets)                     EUR         27,700,000.00

    thereof disagio                      EUR          5,100,000.00

 

 LIABILITIES                             EUR     19,094,900,000.00

  Shareholders' equity                   EUR      5,290,300,000.00

   Capital                               EUR        565,200,000.00

    Subscribed capital (share capital)   EUR        168,000,000.00

    Capital of the fully liable partner

    (LP, general partnership)            EUR        397,200,000.00

     Capital contribution of gen.

     partner/accounts of the pers. liable

     shareholder                         EUR        397,200,000.00

   Reserves                              EUR      4,515,300,000.00

    Capital reserves                     EUR      3,813,700,000.00

    Retained earnings / revenue reserves EUR        701,600,000.00

   Balance sheet profit/loss (+/-)       EUR        209,800,000.00

    Profit / loss brought forward        EUR         38,500,000.00

    Balance sheet profit / loss          EUR        171,300,000.00

  Provisions                             EUR      1,033,700,000.00

   Pension provisions and comparable

   provisions                            EUR         80,100,000.00

   Other / unspecified provisions        EUR        953,600,000.00

  Liabilities                            EUR     12,768,900,000.00

   thereof total due to shareholders     EUR        398,200,000.00

   Financial debts                       EUR      1,500,000,000.00

   Other liabilities                     EUR     11,268,900,000.00

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR        260,200,000.00

    Liabilities from received advance

    payments                             EUR            900,000.00

    Liabililties due to related companiesEUR     10,956,700,000.00

    Unspecified other liabilities        EUR         51,100,000.00

     thereof liabilities from tax /

     financial authorities               EUR         21,100,000.00

     thereof liabilities from social

     security                            EUR            100,000.00

  Other liabilities                      EUR          2,000,000.00

   Deferrals (liabilities)               EUR          2,000,000.00

  Guarantees and other commitments       EUR     11,802,700,000.00

   Guarantees / warranties               EUR     11,802,700,000.00

    Guarantees                           EUR     11,802,700,000.00

 

 PROFIT AND LOSS ACCOUNT (cost-summary method) according to Comm.

 Code (HGB)

  Sales                                  EUR      4,464,700,000.00

  Inventory change + own costs (+/-)     EUR         41,300,000.00

   Inventory change (+/-)                EUR          8,600,000.00

   Capitalised own costs                 EUR         32,700,000.00

  Other operating income                 EUR        144,100,000.00

  Cost of materials                      EUR      1,488,100,000.00

  Gross result (+/-)                     EUR      3,162,000,000.00

  Staff expenses                         EUR      1,055,400,000.00

  Total depreciation                     EUR        175,800,000.00

   Depreciation on tangible / intangible

   asssets (incl. start-up and exp. of

   bus.                                  EUR        175,800,000.00

  Other operating expenses               EUR      1,725,400,000.00

  Operating result from continuing

  operations                             EUR        205,400,000.00

  Result from participating interests

  (+/-)                                  EUR        658,500,000.00

  Other financial result                 EUR       -242,800,000.00

  Financial result (+/-)                 EUR        415,700,000.00

  Result from ordinary operations (+/-)  EUR        621,100,000.00

  Expenses for transfer of profits to a

  parent company                         EUR        400,100,000.00

  Income tax / refund of income tax (+/-)EUR        -65,100,000.00

  Tax (+/-)                              EUR        -65,100,000.00

  Annual surplus / annual deficit        EUR        155,900,000.00

 

 Inconsistent balance sheets:

 Financial year                              published on

 01.01.2015 - 31.12.2015                     19.07.2016

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 64.90

UK Pound

1

INR 91.87

Euro

1

INR 80.25

EUR

1

INR 80.59

 

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

PRA

 

 

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)

 

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.