CREDIT REPORT


© Coface Hungary Credit Management Services Kft.
email: info@coface.hu
11.12.2005 11:04

COMPANY REPORTED: D.E.Á.K. IRÁNYÍTÁSTECHNIKAI KORLÁTOLT FELELŐSSÉGŰ TÁRSASÁG
International Name: D.E.Á.K. DIRECTION TECHNIC LIMITED LIABILITY COMPANY
Aliases: D.E.Á.K. Kft

Principal Address:
Sirály u. 3
2481 Velence
HUNGARY

Branch production:
Petőfi út 1309/1 hrsz
2459 Rácalmás
HUNGARY
Tel: +36-25-507815, +36-25-507816
Fax: +36-25-507835
Email: thomas@deak.hu
Internet: www.deak.hu

Intercredit number: 9086580
Tax number: 11773937-2-07

Information valid on: 11.12.2005

ESTABLISHED: 01.10.1998

REGISTRATION: No. 0709006483
13.10.1998
Székesfehérvár, HUNGARY

LEGAL FORM: limited liability company

CAPITAL: HUF 3130 Thousand

SHAREHOLDERS: József DEÁK
HU, 2400, Dunaújváros, Páskom u. 9
Partner
EQUITY: 50%

Tamás DEÁK
HU, 2400, Dunaújváros, Páskom u. 9
Partner
EQUITY: 50%

MANAGEMENT: József DEÁK - Managing Director
HU, 2400, Dunaújváros, Páskom u. 9

Tamás DEÁK - Managing Director
HU, 2400, Dunaújváros, Páskom u. 9

SUBJECT OF OPERATION: NACE
  5248 Other retail sale in specialized stores
  7430 Technical testing and analysis
  7260 Other computer related activities
  3330 Manufacture of industrial process control equipment
  3320 Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment checking, testing, navigating and other purposes, except checking, testing, navigating and other purpose
  51 WHOLESALE TRADE AND COMMISSION TRADE, EXCEPT OF MOTOR VEHICLES AND MOTORCYCLES
  7420 Architectural and engineering activities and related technical consultancy

FINANCIALS:

Amounts shown in Hungarian Forint (HUF) Thousand  2002 2001 2000 1999

BALANCE SHEET
ASSETS
FIXED ASSETS 3.283,00 546,00 3.545,00 4.976,00
Tangible fixed assets 3.174,00 436,00 3.545,00 4.976,00
CURRENT ASSETS 22.331,00 11.243,00 6.322,00 2.489,00
Receivables 12.179,00 5.024,00 2.265,00 1.262,00
Liquid assets 7.479,00 6.219,00 4.057,00 1.227,00
TOTAL ASSETS 25.614,00 11.789,00 9.867,00 3.032,00

LIABILITIES
Equity capital 3.086,00 3.117,00 1.681,00 3.177,00
Called up share capital (issued capital stock) 3.130,00 3.130,00 3.130,00 3.130,00
Net profit 0,00 1.467,00 -1.496,00 210,00
Liabilities 20.575,00 8.672,00 8.186,00 4.288,00
Short-term liabilities 20.575,00 8.672,00 8.186,00 4.288,00
Total liabilities 25.614,00 11.789,00 9.867,00 3.032,00

PROFIT & LOSS
Turnover 81.635,00 51.587,00 30.879,00 30.247,00
Profit on ordinary activities (before taxation) 2.353,00 1.467,00 -2.410,00  
Profit / loss before taxation 2.353,00 1.467,00 -1.496,00 220,00
Profit / loss after taxation 1.953,00 1.467,00 -1.496,00 -161,00
BALANCE SHEET SUM 25.614,00 11.789,00 9.867,00 3.032,00

1 USD = 223,44 HUF
Approximate exchange rates: 2002: 235 HUF = 1 EUR
2001: 246 HUF = 1 EUR
2000: 260 HUF = 1 EUR
1999: 253 HUF = 1 EUR
2002: 226 HUF = 1 USD
2001: 279 HUF = 1 USD
2000: 284 HUF = 1 USD
1999: 239 HUF = 1 USD

FINANCIAL DATA: The financial data were transmitted directly by the management of the researched company.

WORKFORCE:
2003 2001
5 4

BANKERS: Kereskedelmi és Hitelbank Részvénytársaság - Account no. 10200218-29214477
1051 Budapest, Vigadó tér 1.


DATES: date of validity: 11.02.2003
date of last record maintenance: 11.02.2003

CONTACT WITH COMPANY: Mr Tamás DEÁK managing director confirmed the data written in the report.

BUSINESS TRENDS: 300: Average trend of orders

COMPANY DEVELOPMENT: 200: Positive business development

PAYMENT MORALE: 250: Payments are made within net agreements.

CREDIT RATING: 250: Financial situation is satisfactory.

DEBT COLLECTION: There is no record of any debt collection action by Coface Intercredit against this company

MAXIMUM CREDIT: EUR 12.000,00

Maximum Credit is to be understood as the highest possible engagement for a supplier delivering goods or rendering services on open terms with an average respite of 60 days. (It is assumed that, on the average, the company in question has 5 suppliers, who deliver goods or render services at the same time.)



PAYMENT MORALE
CREDIT RATING
100-149
Payments are made very correctly.
Financial situation is excellent.
150-199
Payments are made correctly.
Financial situation is very good.
200-249
Payments are sometimes made using cash discounts or according to conditions.
Financial situation is good.
250-299
Payments are made within net agreements.
Financial situation is satisfactory.
300-349
As a rule payments are made on time according to conditions, in some cases there have been delays and reminders.
Financial situation is average.
350-399
Payments are made irregularly, sometimes according to agreements. In several cases reminders have been necessary.
Financial situation is average, increased use of external capital.
400-449
Payments are made very slowly.
Overall financial situation is still average.
450-499
Payments are made very slowly. collection procedures cannot be ruled out.
Financial situation is temporarily critical.
500-549
Payments are made very slowly, reminders are often necessary. There have also been collection procedures.
Financial situation is critical.
550-599
Payments are made very slowly. There have been frequent collection procedures.
Financial situation is very critical.
600-699
Payments are made extremely slowly. There have been frequent collection procedures.
High risk of bankruptcy.

End of document.