ABC FORWARDERS, INC.
PHILIPPINES CREDIT REPORT(REPORT DATE: JANUARY 20XX)

COMPANY OVERVIEWCOMPANY NAME

ABC FORWARDERS, INC.
TRADE NAME

ABC FORWARDERSFORMER NAMEDATE OF CHANGE

ABC, INC.

DECEMBER 2009

INCORPORATION DATEAUGUST 7, 2009REGISTRATION NO.

TERM

CS20091XXXX

50 YEARS

PSIC NO.

TAX ID NO.

52XXX

007-3XX-XXX(PERLATESTAVAILABLE
AMENDED GENERAL INFORMATION SHEET)ORGANIZATION TYPECORPORATION

BUSINESS ADDRESSPIER XX, NORTH HARBOR, BARANGAY, TONDO 1012, MANILA, PHILIPPINESTELEPHONE

FACSIMILEEMAIL / WEBSITE(632) 245-XXXX/ 247-XXXX(632) 523-XXXX

abcforwarders.com.ph
info@abcforwarders.com.ph

LINE OF BUSINESSHAULING SERVICESCHIEF EXECUTIVE

MR. CRISENT A. TOO
STAFF STRENGTHABOUT 200
AUTHORISED CAPITAL (AS OF 11.10.20XX)

70,000,000

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHERPARTY. It is furnished by DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at yourrequest for your exclusive use as a basis for credit, marketing and other business decisions. In accepting this report you hereby
agree to be responsible for all damages arising from a violation or breach of the above conditions. It is understood that this reportis based upon information obtained from sources deemed reliable, the accuracy of which is no manner guaranteed by DP Info. DP
Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or
its agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information
contained in this report, please contact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info
is a company of Experian. www.dpgroup.com.sg
2

COMPANY OVERVIEW
PAID-UP CAPITAL (AS OF 11.10.20XX)

70,000,000
REVENUE (AS OF 12.31.20XX)

NET WORTH

176,629,835

82,852,281

LISTED STATUS

EXCHANGENONA

EXPORT

IMPORTNA

NA

PAYMENT RECORDPROMPT
NEGATIVE RECORDTRACEDTERRITORYLOCALBANK EXPOSURE

TRACEDBANKMETROPOLITAN BANKTRUST COMPANY
ORIX METRO LEASING AND FINANCE CORPORATIONCREDIT RATING: DP6[All figures quoted in Philippines Pesos unless otherwise stated].

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHERPARTY. It is furnished by DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at yourrequest for your exclusive use as a basis for credit, marketing and other business decisions. In accepting this report you hereby
agree to be responsible for all damages arising from a violation or breach of the above conditions. It is understood that this reportis based upon information obtained from sources deemed reliable, the accuracy of which is no manner guaranteed by DP Info. DP
Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or
its agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information
contained in this report, please contact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info
is a company of Experian. www.dpgroup.com.sg
3

BUSINESS PROFILE / OPERATIONS
Organizational Background
Verification with the local registry revealed the following correct registration details as ofJanuary 5, 20XX.
Regulatory Agency
Securities and Exchange
Commission

Date Registered
August 7, 2009

Registration No.
CS20091XXXX

Term
50 years

Operations (As of 11.10.20XX)
Subject is engaged in Hauling/ forwarding services, and provides logistics solutions. Subject’s
business hours are from 8:00 am to 5:00 pm, 6 days a week.
Subject offers the following services:
Personal effects movement services and assistance
Cargo insurance coverageWarehousing and Trucking Services
Service Type Available:Pier to pier delivery services

Pier to door delivery services

Door to pier delivery services

Door to door delivery services
Types of Cargoes Accepted
Loose Cargoes
Container Vans
Refrigerated / Reefer Vans
Heavy Equipment
Rolling Cargoes
Oversized Trucks

FCL - (10 footer / 20 footer)Steel Products
Fruits and Vegetables / Perishable Goods
Subject’s business is considered non-seasonal, and it sells its products domestically. Subject’s
clients include Ginebra San Miguel, Inc., Fast Cargo, and Tady Holdings, Inc., among others.
Subject’s supplies are 100% procured from local suppliers.
Sales
Revenues are made in cash and credit, and can extend up to 30 days credit terms.
Purchases
100% of Subject’s supplies are procured from local suppliers.

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHERPARTY. It is furnished by DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at yourrequest for your exclusive use as a basis for credit, marketing and other business decisions. In accepting this report you hereby
agree to be responsible for all damages arising from a violation or breach of the above conditions. It is understood that this reportis based upon information obtained from sources deemed reliable, the accuracy of which is no manner guaranteed by DP Info. DP
Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or
its agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information
contained in this report, please contact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info
is a company of Experian. www.dpgroup.com.sg
4

BUSINESS PROFILE / OPERATIONS
Trade Payment
SUPPLIER CODE
Products/ Services Purchased/ Availed
First Transaction
Last Transaction
Credit Terms
Credit Line
Outstanding Balance
Past Due
Average Volume/ Transaction
Payment Status
(X)
()
()

PromptFair
Poor

SUPPLIER CODE
Products/ Services Purchased/ Availed
First Transaction
Last Transaction
Credit Terms
Credit Line
Outstanding Balance
Past Due
Average Volume/ Transaction
Payment Status
(X)
()
()
Remarks

Prompt
Fair
Poor

:
:
:
:
:
:
:
:
:

1
Steel Products
More than 5 years ago
November 2014
90 days w/o PDC
Open
Not disclosed
None
Purchases range from 50,000 to 100,000.

No delays in payment
With delays in payment/ No defaulted checks
With delays in payment/ With defaulted checks
:
:
:
:
:
:
:
:
:

2
Steel Products
More than 10 years ago
November 2014
75 days w/ PDCOpen
Not disclosed
None
Purchases range from 50,000 to 100,000.

No delays in payment
With delays in payment/ No defaulted checks
With delays in payment/ With defaulted checks
No history of bounced checked.

Employees
Subject employs about 200 including administrative, sales, drivers, helpers and support
personnel.

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHERPARTY. It is furnished by DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at yourrequest for your exclusive use as a basis for credit, marketing and other business decisions. In accepting this report you hereby
agree to be responsible for all damages arising from a violation or breach of the above conditions. It is understood that this reportis based upon information obtained from sources deemed reliable, the accuracy of which is no manner guaranteed by DP Info. DP
Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or
its agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information
contained in this report, please contact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info
is a company of Experian. www.dpgroup.com.sg
5

BUSINESS PROFILE / OPERATIONS
Negative Records (12.18.20XX)
ABC FORWARDERS, INC.
Record Type
Court Case (s)Delinquent Account (s)Labor Related Case (s)ResultNo record foundNo record foundWith record

Remarks
See details below

LABOR RELATED CASE
CASE NUMBERCOMPLAINANT/SRESPONDENT/SASSIGNEDREMARKS
WORKER

NCR-02-03118-11
Frank Vela, et. al.
Meridian Cargo Forwarders
2/23/2011
NA
Local

Location/Facilities
Subject’s operations office, garage and motor pool are all located in Pier XX, North Harbor,
Barangay, Tondo 1012, Manila, Philippines. It is in an industrial area on a side street which iscurrently under construction.
Subject shares premises with affiliate Valiant Navi Inc., of about 1.000 square meters improved
with a single-storey warehouse structure. In addition, Subject owns about 27 tractor heads and
38 flatbed trailers.
Subject’s main office was relocated from XX Airport Road, Baclaran, Paranaque City, PhilippinestoXX
Capulong
StreetTondo,
Manila,Philippines
on
March
31,
2014.

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHERPARTY. It is furnished by DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at yourrequest for your exclusive use as a basis for credit, marketing and other business decisions. In accepting this report you hereby
agree to be responsible for all damages arising from a violation or breach of the above conditions. It is understood that this reportis based upon information obtained from sources deemed reliable, the accuracy of which is no manner guaranteed by DP Info. DP
Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or
its agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information
contained in this report, please contact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info
is a company of Experian. www.dpgroup.com.sg
6SHAREHOLDERS & MANAGEMENT
Capital Information

Authorized capital stock
Subscribed capital stock
Paid-up capital
Par value per share

As of(11.10.20XX)
Common70,000,000
70,000,000
70,000,000
1,250

Subject’s capital structure is as per company source.
Stockholders (As of 11.10.20XX)
Name
RODRIGUEZ, DAVID A.
TOO, CRISENT A.
TOO, VINCENT T.
TOO, RYAN T.
TOO, OLIVER T.
TOO, MA. CHRISTIE R.
TOTAL

Amount Subscribed
And Paid up
35,000,000
7,000,000
7,000,000
7,000,000
7,000,000
7,000,000---------------70,000,000==========

Subject’s updated list of stockholders is as per company source. However, respective amount ofshareholdings per latest available Amended General information sheet is as of June 9, 2014.
Management (As of 11.10.20XX)
Name
TOO, CRISENT A.
TOO, MA. CHRISTIE R.
RODRIGUEZ, DAVID A.
TOO, RYAN T.
TOO, VINCENT T.
TOO, OLIVER T.

Position
CHAIRMAN/PRESIDENT
TREASURER CORPORATE SECRETARY/ DIRECTOR
DIRECTORDIRECTORDIRECTORDIRECTOR

Subject’s updated list of officers is as per company source.
No information is developed on the officers.

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHERPARTY. It is furnished by DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at yourrequest for your exclusive use as a basis for credit, marketing and other business decisions. In accepting this report you hereby
agree to be responsible for all damages arising from a violation or breach of the above conditions. It is understood that this reportis based upon information obtained from sources deemed reliable, the accuracy of which is no manner guaranteed by DP Info. DP
Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or
its agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information
contained in this report, please contact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info
is a company of Experian. www.dpgroup.com.sg
7

RELATED COMPANIES
Affiliate
Valiant Navi Inc.

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHERPARTY. It is furnished by DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at yourrequest for your exclusive use as a basis for credit, marketing and other business decisions. In accepting this report you hereby
agree to be responsible for all damages arising from a violation or breach of the above conditions. It is understood that this reportis based upon information obtained from sources deemed reliable, the accuracy of which is no manner guaranteed by DP Info. DP
Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or
its agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information
contained in this report, please contact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info
is a company of Experian. www.dpgroup.com.sg
8

BANKING & FINANCIAL INFORMATION
Banks
Metropolitan Bank
Trust Company
Orix Metro Leasing and Finance Corporation
Bank Loan Exposure File
Subject: ABC FORWARDERS INC
FORM 1: Loans and Receivables
This section contains credit exposure records of one million and above transactions reported
quarterly by banks and other financial institutions.
For quarter ending as of June 30, 20XXNO Collateral/Security Loan Type
1.

Chattel Mortgage

2.

Other Securities

MortgageContract
Receivable
32 – Lease
Contracts
Receivable

Loan
StatusCurrent

Outstanding
Amount241,586.00

SecuredAmount241,586.00

Unsecured
Amount0.00

Current

14,273,252.00

14,273,252.00

0.00

The transaction in the above records may have been paid, restructured, or in arrears prior to
the date the report was printed.

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHERPARTY. It is furnished by DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at yourrequest for your exclusive use as a basis for credit, marketing and other business decisions. In accepting this report you hereby
agree to be responsible for all damages arising from a violation or breach of the above conditions. It is understood that this reportis based upon information obtained from sources deemed reliable, the accuracy of which is no manner guaranteed by DP Info. DP
Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or
its agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information
contained in this report, please contact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info
is a company of Experian. www.dpgroup.com.sg
9

BANKING & FINANCIAL INFORMATION
Income Statement
PHP (Whole Units)
Statement Date
Period Length
AnalystAuditor12-31-20XX
12 Months

12-31-20XX
12 Months

RONALD T.
PARRENORONALD T.
PARRENO

182,599,907
146,981,398
35,618,509
29,734,248
5,884,261
0
5,884,261
0
5,884,261
1,765,278
0
4,118,983
0-6,191,247
10,310,230

176,629,835
135,521,277
41,108,558
37,477,056
3,631,502
0
3,631,502
0
3,631,502
1,089,451
02,542,051
002,542,051

Statement TypeABC FORWARDERS INC
Revenue
COGS
Gross Profit
Operating Expenses
Net Operating Income/(Loss)
Other Expense/(Income)
EBITInterest Expense
Profit Before Tax
Taxes
Non-Tax (Income)/Expenses
Net Income
Dividends
Adjustments
Retained Earnings

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHERPARTY. It is furnished by DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at yourrequest for your exclusive use as a basis for credit, marketing and other business decisions. In accepting this report you hereby
agree to be responsible for all damages arising from a violation or breach of the above conditions. It is understood that this reportis based upon information obtained from sources deemed reliable, the accuracy of which is no manner guaranteed by DP Info. DP
Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or
its agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information
contained in this report, please contact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info
is a company of Experian. www.dpgroup.com.sg
10

BANKING & FINANCIAL INFORMATION
Balance Sheet
PHP (Whole Units)
Statement Date
Period Length
AnalystAuditor12-31-20XX
12 Months

12-31-20XX
12 Months

RONALD T.
PARRENORONALD T.
PARRENO

13,935,120
34,284,971
00
48,220,091
184,049,287
0
0
184,049,287
232,269,378
0
10,009,113
67,708,414
77,717,527
74,241,621
0
74,241,621
151,959,148
70,000,000
010,310,230
80,310,230
232,269,378

14,283,498
66,543,154
0080,826,652
184,967,096
00
184,967,096
265,793,748
0
15,286,235
122,926,015
138,212,250
44,729,217
044,729,217
182,941,467
70,000,000
012,852,281
82,852,281
265,793,748

Statement TypeABC FORWARDERS INC
Cash and Equivalents
Acc Receivable
Inventory
Other Curr Assets
Current Assets
Fixed Assets
Investments
Other Non Curr Assets
Non Curr Assets
Total Assets
Short Term Debt
Accounts Payable
Other Curr Liabilities
Current Liabilities
Long Term Debt
Other Non Current Liabs
Non Current Liabilities
Total Liabilities
Stockholding
Other Equity
Accumulated R/E
Net Worth
Liabilities & Net Worth

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHERPARTY. It is furnished by DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at yourrequest for your exclusive use as a basis for credit, marketing and other business decisions. In accepting this report you hereby
agree to be responsible for all damages arising from a violation or breach of the above conditions. It is understood that this reportis based upon information obtained from sources deemed reliable, the accuracy of which is no manner guaranteed by DP Info. DP
Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or
its agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information
contained in this report, please contact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info
is a company of Experian. www.dpgroup.com.sg
11

BANKING & FINANCIAL INFORMATIONCash Flow Statement
PHP (Whole Units)
Statement Date
Period Length
AnalystAuditor12-31-20XX
12 Months
RONALD T.
PARRENOStatement TypeABC FORWARDERS INC
Revenue
Change in Acc Receivable
Change in Other Receivables
Cash From Customers
COGS
Change in Inventory
Change in Accounts Payable
Change in Due to Related Parties
Cash Paid to Suppliers
Gross Cash Profits
Operating Expenses
Change in Prepaid, Accruals, Provs and Other
Cash Paid for Operating
Expenses and Other
Cash After Operations
Change in Other Curr & Non Curr Assets & Liabs
Income Taxes Paid
Net Cash After Ops
Interest Paid excl Def and Capitalized
Dividends Paid excl Stock
Net Cash Income
Less: Current Portion of Long Term Debt
Cash After Debt Amortization
Change in Net Fixed Assets
Change in Cash Paid for Investments and Other
Change in Intangibles
Net Cash Income after Investing Activities
Extraordinary & Other Income/Expenditure
Financing Surplus/(Requirements)
Change in Short Term Debt
Change in Long Term Debt
Change in Equity and Other
Total External Financing
Cash After Financing
Opening Cash and Equivalents
Closing Cash and Equivalents

176,629,835-32,258,183
0
144,371,652-119,133,162
0
5,277,122
0-113,856,040
30,515,612-37,477,056
0-37,477,056-6,961,444
52,348,968
1,779,182
47,166,706
0047,166,706
0
47,166,706-17,305,924
00
29,860,782
029,860,782
0-29,512,404
0-29,512,404
348,378
13,935,120
14,283,498

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHERPARTY. It is furnished by DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at yourrequest for your exclusive use as a basis for credit, marketing and other business decisions. In accepting this report you hereby
agree to be responsible for all damages arising from a violation or breach of the above conditions. It is understood that this reportis based upon information obtained from sources deemed reliable, the accuracy of which is no manner guaranteed by DP Info. DP
Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or
its agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information
contained in this report, please contact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info
is a company of Experian. www.dpgroup.com.sg
12

BANKING & FINANCIAL INFORMATION
Financial Ratios
PHP (Whole Units)
Statement Date
Period Length
AnalystAuditor12-31-20XX
12 Months

12-31-20XX
12 Months

Variance %RONALD T.
PARRENORONALD T.
PARRENO

182,599,907
035,618,509
19.51
80.49
16.28
5,884,261
3.22
3.22
0
4,118,983
2.26
020,842,501

176,629,835-3.27
41,108,558
23.27
76.73
21.22
3,631,502
2.06
2.06-38.282,542,051
1.44-38.2820,019,617

-3.27
0
15.41
19.31
-4.68
30.3
-38.28
-36.2
-36.2
0
-38.28
-36.2
0
-3.95

0
0
0
3.56
0

0
0
0
2.23
0

0
0
0
-37.28034,284,971
68.53
0
0
10,009,113
24.86
24,275,858-29,497,436
13.29
1.18
0.62
0.62

66,543,154
137.510015,286,235
41.17
51,256,919-57,385,598
29.02
1.38
0.58
0.58

94.09
100.65
0
0
52.72
65.64
111.14-94.54118.28
17.18
-5.75
-5.75

Statement TypeABC FORWARDERS INC
Profitability Measures
Revenue
Revenue Growth %Gross Profit
Gross Margin %COGS %
Operating Expenses %EBITProfitability %Operating Profit %Operating Profit Growth %Net Income
Net Income %Net Income Growth %EBITDA
Coverage Measures
Interest Cover
Effect Interest %Debt Service Cover
Debt Payback Period
EBITDA DSC
Efficiency Measures
Acc Receivable
Days Receivable
Inventory
Days Inventory
Accounts Payable
Days Payable
Working Capital ($)
Working Capital (CA - CL)
Working Capital %Asset Turnover
Quick Ratio
Current Ratio

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHERPARTY. It is furnished by DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at yourrequest for your exclusive use as a basis for credit, marketing and other business decisions. In accepting this report you hereby
agree to be responsible for all damages arising from a violation or breach of the above conditions. It is understood that this reportis based upon information obtained from sources deemed reliable, the accuracy of which is no manner guaranteed by DP Info. DP
Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or
its agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information
contained in this report, please contact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info
is a company of Experian. www.dpgroup.com.sg
13

BANKING & FINANCIAL INFORMATION
Financial Ratios (Cont’d)
PHP (Whole Units)
Statement Date
Period Length
AnalystAuditor12-31-20XX
12 Months

12-31-20XX
12 Months

Variance %RONALD T.
PARRENORONALD T.
PARRENO

Efficiency Measures (Cont’d)
Debt to Tangible Equity
Debt to Effective Tangible Equity

1.89
1.89

2.21
2.21

16.69
16.69

Return Measures
RONA %
Return on Equity % (Annualized)
Return on Assets % (Annualized)
Dividend Payout Rate %Value Added
WACC %

3.81
5.13
2.53
0
0
0

2.85
3.07
1.37
0
0
0

-25.24-40.18-46.070
0
0

Leverage Measures
Leverage
Equity / Total Assets
Debt to Equity
Bank Debt to Liabilities
Borrowed Funds

1.89
34.58
0.92
0.49
74,241,621

2.21
31.17
0.54
0.24
44,729,217

16.69
-9.85
-41.6
-49.96-39.75

Cash Measures
Change in Net Debt
Cash After Operations
Net Cash After Ops
Net Cash Income
Cash After Debt Amortization
Marginal Cash Flow

N/A
N/A
62,509,779
N/A
N/A
N/A

29,860,782-6,961,444
47,166,706
47,166,706
47,166,706
-5.75

N/A
N/A
N/A
N/A
N/A
N/A

Statement TypeABC FORWARDERS INC

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHERPARTY. It is furnished by DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at yourrequest for your exclusive use as a basis for credit, marketing and other business decisions. In accepting this report you hereby
agree to be responsible for all damages arising from a violation or breach of the above conditions. It is understood that this reportis based upon information obtained from sources deemed reliable, the accuracy of which is no manner guaranteed by DP Info. DP
Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or
its agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information
contained in this report, please contact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info
is a company of Experian. www.dpgroup.com.sg
14

SUPPLEMENTARY INFORMATION
Subject’s accurate business address is as reflected in the report.

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHERPARTY. It is furnished by DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at yourrequest for your exclusive use as a basis for credit, marketing and other business decisions. In accepting this report you hereby
agree to be responsible for all damages arising from a violation or breach of the above conditions. It is understood that this reportis based upon information obtained from sources deemed reliable, the accuracy of which is no manner guaranteed by DP Info. DP
Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or
its agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information
contained in this report, please contact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info
is a company of Experian. www.dpgroup.com.sg
15

SUMMARY
Subject is a corporation registered with the Securities and Exchange Commission under theregistration number CS20091XXXX with a term of 50 years. Subject is registered in August 7,
2009.
Subject is principally engaged in hauling services, and it sells its products domestically. Subject’s
clients include Ginebra San Miguel, Inc., Fast Cargo, and Tady Holdings, Inc., among others.
Attached is Subject’s financial statement for the year ending December 20XX & 20XX.
In 20XX, Subject recorded total sales of PHP 176,629,835 (20XX: PHP 182,599,907) and closedwith net income at PHP 2,542,051. Net worth stood at PHP 82,852,281 in 20XX (20XX: PHP
80,310,230).
In view of above, Subject’s credit rating is DP6.

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHERPARTY. It is furnished by DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at yourrequest for your exclusive use as a basis for credit, marketing and other business decisions. In accepting this report you hereby
agree to be responsible for all damages arising from a violation or breach of the above conditions. It is understood that this reportis based upon information obtained from sources deemed reliable, the accuracy of which is no manner guaranteed by DP Info. DP
Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or
its agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information
contained in this report, please contact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info
is a company of Experian. www.dpgroup.com.sg
16

RATING EXPLANATION/ SCORESHEET
Default Frequency<0.1%

DP Credit
RatingDP1

0.1% - <0.2%DP2

0.2% - <0.4%DP3

0.4% - <1.0%DP4

1.0% - <3.0%DP5

3.0% - <8.0%DP68% - <14.0%

DP7

14.0% - <30%

DP8

Explanation

Status*

Possess extremely strong financial
fundamental with high incentive
and capability for repayment of
obligations.
Has strong financial health withabove
averagecapability
formeeting payments.
Stable financial health and above
normal operational environment.
General unfavourable factors are
not likely to cause distress.
Overallfinancialhealthandoperation are considered normal.
Capableofmeetingits
commitments. May be susceptible
to difficulties in the event ofdrastic
changesin
economic
conditions.
Adequate financial capabilities tomeetnormalcommitments.
However, adverse changes in
economic condition could lead to
doubtfulness in the ability to pay.
Sufficiently
soundfinancialabilitytomeetnormalobligations.
Capabilities
inreacting to adverse operational
conditionarelimitedorconsider doubtful.
Weakness in financial ability isapparent.
Vulnerabletounfavourable
changesintheeconomicandoperational
environment and is likely to fallintoaweakenedfinancialcondition.
Apparent weakness in financial
health with limited capability tomeet its obligations especially inthe event of any adverse changes
in operating environment.

Premium

Premium
StrongStrongModerate

Moderate

MonitorMonitor*DP 1 to DP 4 is comparable to “Investment Grade” rated securities, and DP 5 to DP 6 iscomparable to “High Yield” rated securities, and DP 7 to DP8 is comparable to “High Risk” rated
securities.

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHERPARTY. It is furnished by DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at yourrequest for your exclusive use as a basis for credit, marketing and other business decisions. In accepting this report you hereby
agree to be responsible for all damages arising from a violation or breach of the above conditions. It is understood that this reportis based upon information obtained from sources deemed reliable, the accuracy of which is no manner guaranteed by DP Info. DP
Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or
its agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information
contained in this report, please contact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info
is a company of Experian. www.dpgroup.com.sg
17

DPI’S COMMENTS & RATING* The rating is an opinion of Subject’s capability and ability based on prevailing conditions
and information made available to DP Information at the time of rating.
* The rating is not a recommendation to buy or sell nor is it an endorsement or nonendorsement of an issue.
* The information received has been obtained from sources believed to be reliable, but its
accuracy or completeness is not guaranteed.
* DP Information does not assume any part of the requester’s risk in the use or non-use ofthis rating.
* No part of this report may be reproduced, stored in retrieval system or transmitted, in
any form or by any means.
* DP Information’s ratings are subject to change due to any unforeseen and/or foreseen
circumstances

THIS REPORT MUST NOT BE COMMUNICATED TO THE PERSON/S OR FIRM/S REPORTED ON, NOR TO ANY OTHERPARTY. It is furnished by DP INFORMATION Network Pte Ltd (UEN 198302653E) ("DP Info") in STRICT CONFIDENCE at yourrequest for your exclusive use as a basis for credit, marketing and other business decisions. In accepting this report you hereby
agree to be responsible for all damages arising from a violation or breach of the above conditions. It is understood that this reportis based upon information obtained from sources deemed reliable, the accuracy of which is no manner guaranteed by DP Info. DP
Info shall not be liable for any loss or injury caused by the neglect or other act of failure to act on the part of the company and/or
its agents in procuring, collecting or communicating any information. For any questions regarding the accuracy of the information
contained in this report, please contact the Customer Service unit at+ 65 6320 1900 or via email at cs@dpgroup.com.sg. DP Info
is a company of Experian. www.dpgroup.com.sg
18