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MIRA INFORM REPORT
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Report No. : |
511560 |
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Report Date : |
25.05.2018 |
IDENTIFICATION DETAILS
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Name : |
BYSTRONIC LASER AG |
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Registered Office : |
Industriestrasse 21 3362 Niederönz/BE/CH |
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Country : |
Switzerland |
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Financials (as on) : |
31.12.2016 (Consolidated) |
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Date of Incorporation : |
1974 |
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Com. Reg. No.: |
053.3.004.342-2 |
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Legal Form : |
Company
limited by shares |
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Line of Business : |
The company manufactures
systems for processing sheet metal. The portfolio includes laser cutting
systems, water jet cutting systems and pressbrakes. |
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No. of Employees : |
2,000-3,999 |
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.
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Source
: CIA |
Company
name and address
BYSTRONIC LASER
AG
Operating address:
Industriestrasse 21
3362 Niederönz/BE
Switzerland/CH
Telephone: +41 629563333
Fax: +41
629563380
Web site: http://www.bystronic.com
E-mail: info.laser@bystronic.com
WIN Worldbox No.: CH0000106018
VAT-No.: CHE-105.950.139 MWST
UID-No.: CHE105950139
Profile
Established: 1974
Line of Business: Machinery
Industry Division: Manufacturing
Industry-code (NACE): 2841 Manufacture
of metal forming machinery
Import/Export: Export
Export sales: 95,0%
Quality certification: ISO 9001:2008 (since 1994)
Banks: unknown
Operational Figures
Coverage: Group
Employees: 2,000-3,999
Sales: CHF 600-800 Mio
Activity
The
company manufactures systems for processing sheet metal. The portfolio includes
laser cutting systems, water jet cutting systems and pressbrakes. The company
is active in around 30 countries with its own sales and services companies.
Presence:
worldwide
- 27
sales and service companies
- 5
development and production sites in Switzerland, Germany and China
- Used
machine centers in Romania and the USA
Operations
and Branches:
At the
address, Industriestrasse 21, 3362 Niederönz, Switzerland, we find office of
the company.
Real Estate
Real Estate: It is understood that the company owns certain
property.
Company Register
Company No: 053.3.004.342-2
UID-No.: CHE105950139
Legal form: Company limited by shares
Registration: 04.11.1981
Legal status: active
Responsible Register: Handelsregister des Kantons Bern
History: Date of Statutes: 23.02.1995
Date
of Statutes: 20.12.1985
Date
of Statutes: 02.10.1981
Date
of Statutes: 24.08.1978
Date
of Incorporation Statutes: 16.05.1974
Date
of Statutes: 26.08.2016
Entry Deleted Name
active Bystronic Laser AG
Entry Deleted Legal domicile
active Niederönz,
Switzerland
removed Thunstetten, Switzerland
Entry Deleted Address
19.10.2016 Industriestrasse 21, 3362 Niederönz/BE,
Switzerland/CH
19.10.2016 Industriestrasse, 3362 Niederönz/BE,
Switzerland/CH
Entry Deleted Capital
active Share Capital CHF 50,000, paid up CHF
50,000
Entry Deleted Capital Structure
active 50 Registered shares of CHF 1,000.--
Entry Deleted Remarks
26.06.2000 Merger: On 13.06.2000 the company merged with
Hämmerle AG, based in Brugg.
22.12.1997 Merger: On 09.12.1997 the company merged with
Bystronic précision Laser S.A., based in Crissier.
Official Administration
Title Name
President Willome, Michael
Citizen:
Biel/Bienne, Switzerland
Residential
address: Binningen, Switzerland
joint
signature of two
Registered
since: 06.04.2016
Director Kelterborn, Kaspar
Citizen:
Basel, Switzerland
Residential
address: 8852 Altendorf/SZ, Switzerland
joint
signature of two
Registered
since: 10.05.2006
Director Senn, Barbara
Citizen:
Unterkulm, Switzerland
Residential
address: Winterthur, Switzerland
joint
signature of two
Registered
since: 20.03.2015
Management
Title Name
Member with signing authority Elster, Johan
Citizen:
Norway
Residential
address: Märsta, Sweden
joint
signature of two
Registered
since: 18.06.2009
Member with signing authority Gehrig, Cornelia
Citizen:
Göschenen, Wassen, Switzerland
Residential
address: Feldbrunnen (Feldbrunnen-St. Niklaus), Switzerland
joint signature of two
Registered
since: 08.09.2011
Member with signing authority Ifanger, Johann
Citizen:
Alpnach, Switzerland
Residential
address: 6616 Losone/TI, Switzerland
joint
signature of two
Registered
since: 22.11.2002
Member with signing authority Künkels, Sven
Citizen:
Germany
Residential
address: Arnstadt, Germany
joint
signature of two
Registered
since: 23.12.2015
Member with signing authority Neuhaus, Jean-Pierre
Citizen:
Zürich, Zeihen, Switzerland
Residential
address: 4500 Solothurn/SO, Switzerland
joint
signature of two
Registered
since: 05.01.2004
Member with signing authority Progin, Nicole
Citizen:
Vuadens, Switzerland
Residential
address: Langendorf, Switzerland
joint
signature of two
Registered
since: 27.08.2013
Member with signing authority Ronchi, Gisella
Citizen:
Italy
Residential
address: Derendingen, Switzerland
joint
signature of two
Registered
since: 03.07.2014
Member with signing authority Rüttimann, Christoph
Citizen:
Abtwil, Switzerland
Residential
address: Bern, Switzerland
joint
signature of two
Registered
since: 21.11.2017
Member with signing authority Vinanti, Marco
Citizen:
Schönenwerd, Switzerland
Residential
address: 4612 Wangen bei Olten/SO, Switzerland
joint signature of two
Registered
since: 02.05.2011
Member with signing authority Waser, Alex
Citizen:
Engelberg, Switzerland
Residential
address: Sarnen, Switzerland
joint
signature of two
Registered
since: 15.05.2013
Member with procuration Allemann, Hugo
Citizen:
Welschenrohr, Switzerland
Residential
address: Bellmund, Switzerland
joint
power of attorney of two
Registered
since: 15.05.2013
Member with procuration Amsler, Michael
Citizen:
Schinznach, Switzerland
Residential
address: Sissach, Switzerland
joint
power of attorney of two
Registered
since: 28.05.2015
Member with procuration Berger, Michael
Citizen:
Germany
Residential
address: Bern, Switzerland
joint
power of attorney of two
Registered
since: 01.09.2017
Member with procuration Egger, Stephan
Citizen:
Rechthalten, Switzerland
Residential
address: Vordemwald, Switzerland
joint power of attorney of two
Registered
since: 03.07.2014
Member with procuration Emmenegger, François Jean
Citizen:
Granges-Paccot, Switzerland
Residential
address: Balm bei Günsberg, Switzerland
joint
power of attorney of two
Registered
since: 03.02.2012
Member with procuration Furrer, Fabian
Citizen:
Schongau, Switzerland
Residential
address: Wangenried, Switzerland
joint
power of attorney of two
Registered
since: 19.10.2016
Member with procuration Gerber, Bruno
Citizen:
Heimiswil, Switzerland
Residential
address: Murten, Switzerland
joint
power of attorney of two
Registered
since: 14.06.2016
Member with procuration Heiniger, Rosmarie
Citizen:
Eriswil, Switzerland
Residential
address: 4900 Langenthal/BE, Switzerland
joint
power of attorney of two
Member with procuration Jermann, Andreas
Citizen:
Dittingen, Switzerland
Residential
address: Aesch /BL, Switzerland
joint
power of attorney of two
Registered
since: 14.06.2016
Member with procuration Jost, Michael
Citizen:
Wynigen, Switzerland
Residential
address: Oschwand (Ochlenberg), Switzerland
joint power of attorney of two
Registered
since: 17.03.2008
Member with procuration Kaucic, Horst
Citizen:
Iragna, Switzerland
Residential
address: 5014 Gretzenbach/SO, Switzerland
joint
power of attorney of two
Registered
since: 30.03.2001
Member with procuration Schiltges, Gilbert
Citizen:
Lyss, Switzerland
Residential
address: Busswil (Lyss)/BE, Switzerland
joint
power of attorney of two
Registered
since: 01.09.2017
Member with procuration Schubert, Harald Dietmar
Citizen:
Germany
Residential
address: Künten, Switzerland
joint
power of attorney of two
Registered
since: 23.12.2015
Member with procuration Stein, Christian
Citizen:
Rapperswil-Jona, Switzerland
Residential
address: Seengen, Switzerland
joint
power of attorney of two
Registered
since: 23.12.2015
Member with procuration Wahl, Guido
Citizen:
Germany
Residential
address: 4923 Wynau/BE, Switzerland
joint
power of attorney of two
Registered
since: 17.03.2008
Member with procuration Weber, Andreas
Citizen:
Willadingen, Switzerland
Residential
address: Riedholz, Switzerland
joint
power of attorney of two
Registered
since: 10.03.2017
Member with procuration Wichert, Lukas Christian
Citizen:
Germany
Residential
address: Olten, Switzerland
joint
power of attorney of two
Registered
since: 14.06.2016
Member with procuration Zuber, Marcel
Citizen:
Eriswil, Switzerland
Residential
address: Zollbrück (Rüderswil), Switzerland
joint
power of attorney of two
Registered
since: 14.06.2016
External Positions
Title Name
Auditor KPMG AG ,
Citizen:
Switzerland
Residential
address: Muri bei Bern, Switzerland
Id:
CHE-229.062.543
Registered
since: 20.03.2015
Executive board
Title Name
Chief Executive Officer Waser, Alex
Chief Financial Officer Gehrig, Cornelia
Chief Human Resources Officer Progin, Nicole
Chief Business Segment Officer Elster, Johan
Chief Business Segment Officer Ifanger, Johann
Chief Public Relations Officer Neuhaus, Jean-Pierre
Ultimate Parent Company
Name: Conzzeta AG
City/Country: Zürich/ZH, Switzerland/CH
Direct owner/-s
No. of owner/-s: 1
Owner: The company is domestic owned.
Class: 100%, directly held
Name: Conzzeta AG
City/Country: Zürich/ZH, Switzerland/CH
Interest: 100,00% voting right, 100,00% capital
interest (since 1994)
Investments
Class: 100%, indirectly held
Name: Bystronic Austria GmbH
City/Country: Linz, Austria/AT
Interest: 100,00% voting right, 100,00% capital
interest (since 25.09.2002)
Class: 50-100%, indirectly held
Name: Bystronic Benelux BV
City/Country: Hardinxveld-Giessendam, Netherlands/NL
Class: 50-100%, indirectly held
Name: Bystronic Canada Ltd
City/Country: Mississauga/ON, Canada/CA
Class: 50-100%, indirectly held
Name: Bystronic Co Ltd
City/Country: Shanghai, China/CN
Class: 50-100%, indirectly held
Name: Bystronic Czech Republic sro
City/Country: Brno, Czech/CZ
Class: 50-100%, indirectly held
Name: Bystronic Deutschland GmbH
City/Country: Heimsheim, Germany/DE
Class: 50-100%, indirectly held
Name: Bystronic do Brasil Ltda
City/Country: Sao José dos Pinhais, Brazil/BR
Class: 50-100%, indirectly held
Name: Bystronic France SAS
City/Country: Les Ulis/Paris, France/FR
Class: 50-100%, indirectly held
Name: Bystronic Iberica SA
City/Country: San Sebastian de los Reyes, Spain/ES
Class: 50-100%, indirectly held
Name: Bystronic Inc
City/Country: Hauppauge/New York, United States of America/US
Class: 50-100%, indirectly held
Name: Bystronic International Laser Ltd
City/Country: New Taipei City, Taiwan/TW
Class: 50-100%, indirectly held
Name: Bystronic Italia Srl
City/Country: Bovisio Masciago, Italy/IT
Class: 50-100%, indirectly held
Name: Bystronic Korea Ltd
City/Country: Gyeonggi-do, South Korea/KR
Class: 50-100%, indirectly held
Name: BYSTRONIC LASER INDIA PRIVATE LIMITED
City/Country: Pune/Maharashtra, India/IN
Class: 50-100%, indirectly held
Name: Bystronic Maschinenbau GmbH
City/Country: Gotha, Germany/DE
Class: 50-100%, indirectly held
Name: BYSTRONIC MEXICO SA
City/Country: MEXICO CITY DELEGACION MIGUEL HIDALGO, Mexico/MX
Class: 50-100%, indirectly held
Name: BYSTRONIC POLSKA SP. Z O.O.
City/Country: SEKOCIN NOWY, Poland/PL
Class: 50-100%, indirectly held
Name: Bystronic Pte Ltd
City/Country: Singapore, Singapore/SG
Class: 50-100%, indirectly held
Name: Bystronic Sales AG
City/Country: Niederönz/BE, Switzerland/CH
Class: 50-100%, indirectly held
Name: Bystronic Scandinavia AB
City/Country: Märsta, Sweden/SE
Class: 50-100%, indirectly held
Name: Bystronic (Tianjin) Laser Ltd
City/Country: Tianjin, China/CN
Class: 50-100%, indirectly held
Name: Bystronic (Tianjin) Machinery Co Ltd
City/Country: Tianjin, China/CN
Class: 50-100%, indirectly held
Name: Bystronic Turkey
City/Country: Istanbul, Turkey/TR
Class: 50-100%, indirectly held
Name: Bystronic UK Limited
City/Country: Leeds/Leeds West Yorkshire, United Kingdom/GB
Class: 50-100%, indirectly held
Name: Hämmerle Ltd
City/Country: Ichikawa-City, Japan/JP
Class: 50-100%, indirectly held
Name: OOO Bystronic Laser
City/Country: Moskau, Russia/RU
Class: 50-100%, indirectly held
Name: S.C. Bystronic Laser srl
City/Country: Brasov, Romania/RO
Sisters
Name: Bystronic Maschinen AG
City/Country: Bützberg/BE, Switzerland/CH
Name: Conzzeta Holding Deutschland AG
City/Country: Leverkusen, Germany/DE
Name: Conzzeta Management AG
City/Country: Zürich/ZH, Switzerland/CH
Name: Fritz
Nauer AG
City/Country: Wolfhausen/ZH,
Switzerland/CH
Name: ixmation
AG
City/Country: Kestenholz/SO, Switzerland/CH
Name: IXMATION (ASIA) SDN BHD
City/Country: PENANG, Malaysia/MY
Name: Ixmation Inc
City/Country: Bloomingdale, United States of America/US
Name: Mammut Sports Group AG
City/Country: Seon/AG, Switzerland/CH
Name: Schmid Rhyner AG
City/Country: Adliswil/ZH, Switzerland/CH
Financial Data Bystronic Laser AG
Consolidation: consolidated
Industry: Trade/Industry
Fiscal year end: 31.12.2016 31.12.2015 31.12.2014 31.12.2013 31.12.2012
Number of months: 12 12 12 12 12
Currency: th.
CHF th. CHF th. CHF th. CHF th.
CHF
Operating revenue 652,800.0 570,900.0 580,700.0 560,100.0 530,600.0
Operating result 63,000.0 55,400.0 54,300.0
Capital 50.0 50.0 50.0 50.0 50.0
Investments in tangible fixed assets 7,900.0 10,900.0
Sales per Employee 291.0 340.0 364.0 365.0 345.0
Employees
at year end 2,243 1,681 1,595 1,533 1,536
Employees inland 540 515 515
Employees abroad 1,141 1,018 1,021
Financial Data Conzzeta AG
Consolidation: consolidated
Industry: Trade/Industry
Fiscal year end: 31.12.2016 31.12.2015 31.12.2014 31.12.2013 31.12.2012
Number of months: 12 12 12 12 12
Currency: th.
CHF th. CHF th. CHF th. CHF th.
CHF
Statement norm: Local GAAP Local GAAP Local
GAAP Local GAAP
Balance Sheet
Intangible fixed assets 8,400.0 9,000.0 8,678.0 9,824.0 12,156.0
Land and buildings 130,300.0 140,900.0 239,700.0 232,300.0 245,300.0
Other tangible fixed assets 69,100.0 61,600.0 74,484.0 73,767.0 74,245.0
Tangible fixed assets 199,400.0 202,500.0 314,184.0 306,067.0 319,545.0
Financial fixed assets 70,400.0 59,300.0 53,550.0 47,074.0 32,912.0
other fixed assets 0.0 0.0 0.0 0.0
Fixed assets 278,200.0 270,800.0 376,412.0 362,965.0 364,613.0
Stocks 239,500.0 227,600.0 256,222.0 243,852.0 254,924.0
Trade accounts receivable 191,400.0 148,500.0 163,221.0 178,625.0 186,410.0
Cash & Cash Equivalents 469,800.0 410,800.0 608,981.0 450,376.0 355,485.0
Securities 50,000.0 130,000.0 8,148.0 56,422.0 66,762.0
other trade accounts 19,900.0 21,700.0 33,709.0 34,259.0 29,764.0
Accruals 6,600.0 12,300.0 4,420.0 10,059.0 11,286.0
Other current assets 546,300.0 574,800.0 655,258.0 551,116.0 463,297.0
Current assets 977,200.0 950,900.0 1,074,701.0 973,593.0 904,631.0
Total assets 1,255,400.0 1,221,700.0 1,451,113.0 1,336,558.0 1,269,244.0
Capital 4,100.0 4,100.0 5,175.0 46,000.0 46,000.0
Other shareholders funds 930,500.0 955,800.0 1,127,605.0 964,871.0 911,510.0
Total shareholders equity 934,600.0 959,900.0 1,132,780.0 1,010,871.0 957,510.0
Minority interests 6,900.0 0.0 0.0 0.0 -82.0
long term debt (financial debts) 3,300.0 6,500.0 6,831.0 7,912.0 8,442.0
Provisions 40,600.0 39,800.0 56,404.0 63,579.0 59,803.0
Other non current liabilities 700.0 1,800.0 2,156.0 1,162.0 1,022.0
Non current liabilities 44,600.0 48,100.0 65,391.0 72,653.0 69,267.0
short term debt (financial debts) 800.0 7,100.0 5,756.0 8,205.0 6,158.0
Trade accounts payable 141,000.0 74,200.0 87,322.0 83,401.0 86,374.0
Provisions 27,200.0 22,500.0 21,775.0 22,818.0 20,872.0
Accruals 75,900.0 62,500.0 76,135.0 70,581.0 79,596.0
other accounts payable 24,400.0 47,400.0 61,954.0 68,029.0 49,549.0
other current liabilities 127,500.0 132,400.0 159,864.0 161,428.0 150,017.0
Current liabilities 269,300.0 213,700.0 252,942.0 253,034.0 242,549.0
Shareh. equity, min. int. &
liabilities 1,255,400.0 1,221,700.0 1,451,113.0 1,336,558.0 1,269,244.0
Profit and loss
account
Net sales 1,214,300.0 1,140,800.0 1,195,731.0 1,193,974.0 1,161,509.0
Other operating revenue 800.0 8,689.0 7,423.0 -1,758.0
Operating revenue 1,215,100.0 1,140,800.0 1,204,420.0 1,201,397.0 1,159,751.0
Cost of goods sold 574,200.0 542,900.0 568,379.0 579,211.0 560,986.0
Gross profit 640,900.0 597,900.0 636,041.0 622,186.0 598,765.0
Other operating expenses 556,500.0 517,100.0 531,720.0 534,483.0 543,435.0
Operating result 84,400.0 80,800.0 104,321.0 87,703.0 55,330.0
Interest revenues 4,100.0 1,200.0 5,381.0 4,143.0 3,306.0
other financial revenues 100.0 140.0 125.0 120.0
Financial income 4,200.0 1,200.0 5,521.0 4,268.0 3,426.0
Interest expenses 3,700.0 3,800.0 600.0 1,200.0 2,800.0
other financial expenses 100.0 0.0 0.0 0.0
Financial expenses 3,700.0 3,900.0 600.0 1,200.0 2,800.0
Financial result 500.0 -2,700.0 4,921.0 3,068.0 626.0
Result before extraordinary items 84,900.0 78,100.0 109,242.0 90,771.0 55,956.0
Extraordinary income 2,984.0 8,488.0
Extraordinary expenses 600.0 23,739.0
Extraordinary Result -600.0 -23,739.0 2,984.0 8,488.0
Result before taxes 84,900.0 77,500.0 85,503.0 93,755.0 64,444.0
Taxes 21,000.0 18,200.0 24,097.0 19,996.0 18,841.0
Result before minority interests 63,900.0 59,300.0 61,406.0 73,759.0 45,603.0
minority interests 3,700.0 312.0 -745.0
Result for the financial year 60,200.0 59,300.0 61,406.0 73,447.0 46,348.0
Cash flow
Depreciation 26,500.0 27,900.0 30,476.0 31,919.0 30,825.0
Cash flow 90,400.0 87,200.0 91,882.0 105,678.0 76,428.0
Cash flow from operating activities 96,000.0 86,800.0 103,977.0 115,690.0 72,779.0
Investments in tangible fixed assets 19,600.0 16,000.0 22,058.0 20,000.0 38,200.0
Cash flow from investing activities -3,100.0 -146,900.0 -30,560.0 -4,024.0 414.0
Cash flow from financing activities -33,100.0 -134,600.0 85,604.0 -15,641.0 -105,751.0
Others -800.0 -3,500.0 -416.0 -1,134.0 -120.0
Change in liquidity 59,000.0 -198,200.0 158,605.0 94,891.0 -32,678.0
Liquidity at beginning of the year 410,800.0 609,000.0 450,376.0 355,485.0 388,163.0
Liquidity at end of the year 469,800.0 410,800.0 608,981.0 450,376.0 355,485.0
Notes
Material costs 574,200.0 540,600.0 568,379.0 579,211.0 560,986.0
Cost of employees 304,100.0 283,600.0 298,107.0 287,465.0 305,128.0
Added value 419,200.0 393,400.0 414,686.0 414,339.0 403,197.0
Working Capital 289,900.0 301,900.0 332,121.0 339,076.0 354,960.0
Net Current Assets 707,900.0 737,200.0 821,759.0 720,559.0 662,082.0
Sales per Employee 318.4 333.1 341.6 333.1 322.3
Market capitalisation 1,490,400.0 1,167,453.0 1,752,000.0 954,040.0 765,440.0
Gross cost land and buildings 277,600.0 275,100.0 510,500.0 496,500.0 503,300.0
Gross cost other tangible fixed assets 271,600.0 265,400.0 279,100.0 264,800.0 257,900.0
Gross cost total 549,200.0 540,500.0 789,600.0 761,300.0 761,200.0
Insurance value land and buildings 601,200.0 611,200.0 617,100.0
Insurance value other tang. fixed assets 920,400.0 305,900.0 299,400.0
Insurance value total 1,521,600.0 917,100.0 916,500.0
Employees
at year end 4,098 3,479 3,337 3,548 3,627
Full time units at year end 3,814 3,425 3,500 3,584 3,604
Employees inland 1,134 1,136
Employees abroad 2,414 2,491
Legal Actions
Control date Year No. Amount CHF Status
21.12.2017 2017 0 Legal
actions
31.12.2016 2016 0 Legal
actions
31.12.2015 2015 0 Legal
actions
31.12.2014 2014 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
31.12.2006 2006 0 Legal
actions
31.12.2005 2005 1 45,000.-- Opposition filed
31.12.2004 2004 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.
Credit Information
Financial Situation: The financial situation is good.
Payment experiences: Regular.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 68.39 |
|
|
1 |
INR 91.44 |
|
Euro |
1 |
INR 80.14 |
|
CHF |
1 |
INR 68.34 |
Note:
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIS |
|
|
|
|
Report Prepared
by : |
NIT |
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.