Brief Company’s Credit Profile
Table of Contents Page No.
Particulars
1. 2. 3. 4. 5. 7.
Cover Page What We do? Financial Highlights; Projected Sales Growth; And 6 Balance Sheet; And 8 Profit and Loss Statements; 9. Tanzania Corporate Registration; 10. USA Corporate Registration 11. 12 and 13 Who we are? 14. up to 18 Partial List of Owned Equipments 19. Contact Us
This Brief CreditPage Profile of 19 RAPHAEL LOGISTICS is presented exclusively to some 1 of potential creditors involved in equipment financing. This is not for public distribution, The contents of this document is subject to change without prior notice.
What we do? Raphael Logistics Tanzania Ltd is a complete solution provider for lifting, transporting, installing, ballasting, jacking, weighing large loads and transporting heavy and wide loads. Based in East Africa, we co-ordinate operations across the continent from our head office located in Dar Es Salaam, Tanzania. Along with our invaluable local knowledge we pride ourselves on our site values of ingenuity, responsibility and flexibility. We take our responsibility for the quality of our processes very seriously and are devoted to keeping risk to an absolute minimum while adapting to changing conditions and new challenges with competence and agility. The company has created a wholly owned subsidiary in the United States, with office in Maryland, as its purchasing arm and the company’s conduit between its clients who are mostly headquartered in the United States, and Raphael’s Head Office in Tanzania. Year Organized Particulars Raphael Logistics (T), Ltd. Raphael Logistics (U.S.A.), Inc.
Year Registered 2007 2014
Corporate Documents can be made available upon request are as follows: 1. 2. 3. 4. 5. 6. 7. 8. 9.
Raphael Logistics FYE2011 Business Financials; Raphael Logistics Statements 2012; Raphael Logistics Statements 2013; Raphael Logistics Statements 2010; Raphael Logistics INTERIM 2014; Raphael Logistics Yard and Site Work Images; Raphael Logistics-TAX ID Number and other docs.; RAPHAEL ROBERT TESHA Passport copy. Raphael Logistics Contracts with Clients
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Financial Highlights Years: 2011, 2012, 2013 and 2014 (Interim)
Particulars
Year 2011
Year 2012
Year 2013
Year 2014 (Interim) 6 Months Period
Sales Revenue
Tsh 2,901,859,982 (US$1,639,468.92)
Tsh 3,337,019,170.00 (US$1,885,321.56)
Tsh 3,780,394,141.00 (US$2,135,815.90)
Tsh 3,928,600,610.00
Profit/(Loss) Before Tax
Tsh 1,247,549,185 (US$704,830.05)
Tsh 1,363,409,524.00 (US$770,287.87)
Tsh 1,549,207,990.00 (US$875,258.75)
Tsh 1,363,409,524.00
Taxation
Tsh 374,264,755 (US$211,449.01)
Tsh 409,022,857.00 US$231,086.36)
Tsh 464,762,397.00 (US$262,577.63)
Profit/(Loss) After Tax
Tsh 873,284,429 (US$493,381.03)
Tsh 954,386,667.00 (US$539,201.51)
Tsh 1,084,445,593.00 (US$612,681.13)
Total Assets
Tsh 3,503,705,727.00 (US$1,979,494.76)
Tsh 4,645,462,904.00 (US$2,624,555.31)
Tsh 6,158,717,677.00 (US$3,479,501.51)
Total Liabilities
Tsh 211,923,104.00 (US$119,730.57)
Tsh 399,293,614.00 (US$225,589.61)
Tsh 828,102,795.00 (US$467,854.69)
(US$2,219,548.37)
(US$770,287.87)
NOTE: Exchange Rate Used in the above-mentioned financial data: US$1.00 = TS1,770.00
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Projected Sales Growth
$4,500,000.00 $4,000,000.00 $3,500,000.00 $3,000,000.00 $2,500,000.00 $2,000,000.00 $1,500,000.00 $1,000,000.00 $500,000.00 $0.00
2013 2013 $3,125,000.00
2014
2015
2014 $3,750,000.00
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2015 $4,500,000.00
Balance Sheet Years 2013, 2014 and 2015 (Projected)
Balance Sheet Raphael Logistics (T) Limited
Category
2013
2014
2015
Assets Current Assets: Cash
$125,000.00
$187,500.00
$187,500.00
Accounts Receivable
$156,250.00
$125,000.00
$93,750.00
$10,000.00
$35,000.00
$35,000.00
Prepaid Items
$0.00
$0.00
$0.00
Investment Portfolio
$0.00
$250,000.00
$350,000.00
Other
$0.00
$0.00
$0.00
$291,250.00
$597,500.00
$666,250.00
$105,000.00
$150,000.00
$170,000.00
Buildings
$10,000.00
$35,000.00
$45,000.00
Computer, Office and Misc. Equipment
$15,000.00
$21,875.00
$35,000.00
$890,000.00
$1,300,000.00
$1,500,000.00
$4,375.00
$6,250.00
$8,000.00
$1,024,375.00
$1,513,125.00
$1,758,000.00
Inventories
Total Current Assets:
Fixed Assets: Land
Machinery Other Total Fixed Assets:
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Intangibles Goodwill
$0.00
$0.00
$0.00
Copyrights
$0.00
$0.00
$0.00
Patents
$0.00
$0.00
$0.00
Total Intangibles
$0.00
$0.00
$0.00
$1,315,625.00
$2,110,625.00
$2,424,250.00
Accounts Payable
$93,750.00
$95,000.00
$50,000.00
Accrued Expenses Payable
$12,500.00
$26,000.00
$6,250.00
$106,250.00
$121,000.00
$56,250.00
$0.00
$0.00
$0.00
$17,388.00
$31,299.00
$25,039.00
Other
$265,859.00
$93,750.00
$93,750.00
Total Long Term Liabilities
$283,247.00
$125,049.00
$118,789.00
Total Curr. & Long Term Liabilities
$389,497.00
$246,049.00
$175,039.00
Net Worth = Assets- Liabilities
$926,128.00
$1,864,576.00
$2,249,211.00
Total Curr., Fixed & Intangible Assets Liabilities Current Liabilities:
Total Current Liabilities
Long Term Liabilities: Notes Payable Balloon Payments Due
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Profit and Loss Statements Years 2013, 2014 and 2015 (Projected)
Profit & Loss Statement Raphael Logistics (T) Limited
Category
2013
2014
2015
Revenue Gross Sales
$3,125,000.00
$3,750,000.00
$4,500,000.00
$0.00
$0.00
$0.00
$3,125,000.00
$3,750,000.00
$4,500,000.00
$904,275.00
$1,085,130.00
$1,302,156.00
$2,220,725.00
$2,664,870.00
$3,197,844.00
$102,600.00
$123,120.00
$196,992.00
Commissions
$15,000.00
$19,000.00
$24,000.00
Payroll Taxes
$6,156.00
$11,000.00
$17,600.00
Advertising and Marketing
$31,250.00
$40,000.00
$49,500.00
Promotions and Various Events
$24,881.00
$22,393.00
$17,914.00
$179,887.00
$215,513.00
$306,006.00
$24,307.00
$30,000.00
$36,000.00
$8,620.00
$15,000.00
$24,000.00
$0.00
$0.00
$0.00
Less Charge Backs, Returns & Neg. Adjs.
Net Sales Less Cost Of Goods Sold
Gross Profit
Operating Expenses Sales Expenses: Salaries and Wages
Total Sales Expenses Admin. & General Expenses: Salaries and Wages Bonuses Employee Benefits
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Payroll Taxes 7.65%
$0.00
$0.00
$0.00
$23,246.00
$30,000.00
$37,400.00
$2,700.00
$0.00
$0.00
$19,432.00
$24,206.00
$29,926.00
$6,373.00
$10,746.00
$14,021.00
$17,959.00
$17,755.00
$17,780.00
Licenses, Membership Costs and Dues
$267.00
$534.00
$748.00
Legal & Accounting
$953.00
$1,144.00
$1,258.00
$197,248.00
$294,496.00
$433,946.00
$21,226.00
$42,451.00
$67,923.00
$4,526.00
$13,579.00
$24,443.00
Spares, Repair & Maintenance
$1,395,244.00
$1,534,768.00
$1,688,245.00
Total Admin. & General Expenses
$1,722,101.00
$2,014,679.00
$2,375,690.00
Total Operating Expenses
$1,901,988.00
$2,230,192.00
$2,681,696.00
$318,737.00
$434,678.00
$516,148.00
$0.00
$0.00
$0.00
$318,737.00
$434,678.00
$516,148.00
$17,388.00
$21,299.00
$25,039.00
$301,349.00
$413,379.00
$491,109.00
Insurance Rent Office Supplies Telephone Utilities
Miscellaneous Automobile and Travel Expenses Entertainment
Profits Or (Losses) Operating Profit or (Loss) Adj. For Other Income (Int. Income, etc.)
Net Income or (Loss) Before Taxes Income Taxes Net Income or (Loss) After Taxes
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Raphael Logistics (T) Limited Corporate Documents in Tanzania
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Raphael Logistics USA Corporation Corporate Documents
NAME OF THE CORPORATION AS REGISTERED IN THE STATE OF NEW JERSEY: RAPHAEL LOGISTICS USA CORPORATION Registered Address: 108 Orchard Terrace, Union, New Jersey 07083 CERTIFICATE OF INCORPORATION REGISTRY NUMBER: 0400631152 Date Registered: January 28, 2014 FEDERAL EMPLOYER IDENTIFICATION NUMBER (FEIN): 46-4644557
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Who we are? (1) Raphael Robert Tesha Chairman & President Mr. Raphael Robert Tesha has a long standing background in the logistics business in Tanzania. He began his career as a machine operator with Tanzania Port Authority. His strong will to advance earned him an opportunity to start his own company in 2003. Through maximum exposure at the Port of Dar es Salaam, his good relationship with clients; he has managed to start his business and increase his portfolio by 150% within 10 years. With now an internationally recognized firm, he has taken advantage to become a member of a safety advocacy group and Tanzania Truck and Crane Association. In addition, through the good reputation of his company; Raphael Logistics, he has managed to earn contracts with one of the largest American Construction & Logistics company Halliburton as well as Power producers and Generator suppliers like Aggreko, Symbion Power, Mining Companies like Barrick Gold to mention a few. Mr. Tesha, possess multiple certifications in operations and safety standards. He is married with 4 Children.
Martha M. Jalala Director Martha is a seasoned Analyst who has worked to bring viable projects to fruition for TD Bank’s commercial lending department. In her capacity she has analyzed financial data to determine an accurate risk profile and rating (assessment of probabilities of default). Together with the risk management team, Ms. Jalala has advised on the proposed structure for the requested facility and led her team to model the structure while providing risk management for commercial and institutional clients. She has provided an oversight of implementation of facilities ranging from $5-10 million. As lead analyst, Ms. Jalala has also worked with the group and credit department to prepare quarterly, semiannual and annual reports for outstanding loans as well as department performance. In addition, she has highly sought-after skills in performing industry research, peer comparison, cash flow analysis, trend analysis and collateral evaluation. She holds a BA degree in Finance and multiple certifications on credit analysis and business excellence
Deogratius Ruta Director Deo brings in extensive experience in corporate and export finance. He has received prestigious Commercial and Business awards with University of Maryland School of Business where he was credited for his pioneering of refreshing approach on creative business & leadership initiatives. Mr. Ruta is an Entrepreneur, Organizational Development Consultant and Social Marketer with proven track record on Project identification, design, implementation, management and monitoring, with skills acquired, developed and tested over extensive period of time as well as though involvement in a diverse number of projects in various sectors and multicultural settings. He began his career in 2004 as Proxy Analyst for Investor Responsibility Research Center, a leading research group on Corporate Governance and Social
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Who we are? (2) Responsibility. With IRRC, Mr. Ruta managed and advised the company’s largest client (Capital Group SA & Capital Guardian USA). After the IRRC’s acquisition to its rival Institutional Shareholder Services, Mr. Ruta was tasked to assist in migrating of Capital Group Data to ISS Proxy Exchange platform. He later on worked as Custodian Bank Analyst managing client’s data platform for both Investment Bank like UBS, ABN AMRO, Crédit Agricole and Lazard; also Trust companies like Northern Trust of Chicago as well as California Teachers Pension Fund as the World’s largest Pension Fund. He maintained a similar position after the Merger with Risk Metrics a spin-off of JP Morgan which provided Risk Analytics to Institutional Investors through its Z-Metrics, indexes, and portfolio risk and performance analytics. Mr. Ruta is a founder and entrepreneurial force behind DeSav Capital, a holding and management entity that identify potential companies in Tanzania, and offer them export trade financing solutions while matching them with their U.S counterpart or directly to qualified international buyers using ExIm guarantees through private insurance, letters of credit, etc. In some occasion and when appropriate, De Sav Capital assists its clients in managing its projects & fund by providing management expertise. Mr. Ruta is also the founder and promoter of Visit TZ Ltd, which is involved in promotion of tourism and related hospitality through commercial projects. Mr. Ruta is the member of Leadership initiative Tanzania; An Education Trust and a Non-Profit Organization involved in promoting University student self-developed business opportunity between United States and Tanzania to increase opportunities through American Small Business Administration. He holds an advanced degree in business with emphasis on International Business Finance. In addition, he holds a post graduate diploma in International Finance from Georgetown University from Washington D.C.
Fernando M. Sopot Director Fernando has earned his Bachelor’s degree in Agricultural Engineering (BSAE), Masters in Business Administration (MBA), Major in Management, and Bachelor of Laws (LLB) in the leading Universities in the Philippines. He used to be President of a large construction company in Asia. He was either elected or appointed in various positions in several companies, both publicly listed and private, from international trading, mining, project development, construction and engineering and finance. He is concurrently President & CEO of Global First Financial Partners, Inc. (GFFP), a Delaware company, with office in New Jersey, United States. The website is www.globalfirstfinancial.net. He is also the President & CEO of FIRST MERCANTILE INFRASTRUCTURE DEVELOPMENT CORPORATION (FMID), a U.S. company, involved in construction and engineering, including project development. Its website is www.fmidcorp.com. He is one of the founders of both GFFP and FMID and all its subsidiaries, like Global Container Engineering Corporation and Global P3 Consulting Group, Inc. He is a regular resource speaker for Latin Rail Conferences (2010 and 2011) held in Miami, Florida hosted by Terrapinn.com. And in 2012, a Conference was held by the same Group, in Johannesburg, South Africa, where he delivered a speech on the subject of debt and equity, project finance and Public-PrivateParticipation (PPP).
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Who we are? (3) Moreover, he was a Resource Speaker for a UK based, International Quality and Productivity Centre (IQPC), in its May, 2013 Conference entitled “Transport Infrastructure, West Africa, 2013” held in Ghana, West Africa, where most of the Ministers of Transport of various West African Governments have attended the said Conference. The topic assigned to him during the Conference was “Financing Government Infrastructure Projects, How do we go forward?” He has more than 30 years experience in construction and engineering and project development, including project finance. He attended a training course hosted by the US EXIM BANK, on Export Finance, in its capacity as Broker for US EXIM Bank. He is also a resource speaker for Export Finance hosted by various World Trade Center Organizations and Chamber of Commerce Organizations in the East Coast. Yearly, he is also invited to be a resource speaker on Export Finance for an Asian Pension Funds hosted by Shorex of Singapore and at Shorex Head Office in Switzerland. Mr. Sopot through GFFP has co-hosted a training program, entitled “Business Planning, 2013, with the Hispanic American Chamber of Commerce of Essex County (http://www.haccecnj.org/). It was a very successful event, and as a result the US Government supported the organization with funding to continuously support the Latino Businesses in the Essex County. And finally, he is the Founder and Charter President of the “Council for Trade and Investment Promotion (CTIP)” in the State of New Jersey (www.councilfortradeandinvestment.org). CTIP will first build an economic and business model in the City of Paterson, New Jersey. His initiative is being supported by the State of New Jersey, ChooseNJ.com, and the City Government of Paterson. CTIP was launched successfully last August 22, 2013 with no less than the City Mayor of Paterson City, The Honorable Jeffery Jones in attendance who delivered an Inspirational Speech to a well attended audience. Greater Paterson Chamber of Commerce and Industry invited Mr. Sopot as their Guest Speaker last August 14, 2013, in their Luncheon Meeting to discuss CTIP to the Chamber members. Likewise, CTIP has so far hosted three (3) events this year, 2014. The first which was held last February is about Economic Forum in the City of Paterson, the other last February 18, 2014, was about Travel and Tourism Forum, 2014 focused in the United States. The third event was last April 4, 2014 entitled, Paterson City: Investors Forum – Part 1 – INFRASTRUCTURE INVESTMENTS. CTIP’s plans to hosts an international “Forum” dubbed as “PPP Program: An Overview, and Infrastructure and Housing Development Forum”. This will be jointly hosted by CTIP and local CTIP Partners in the countries it plans to hosts.
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Partial List of Equipments Owned by Raphael Logistics (1)
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Partial List of Equipments Owned by Raphael Logistics (2)
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Partial List of Equipments Owned by Raphael Logistics (3)
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Partial List of Equipments Owned by Raphael Logistics (4)
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Partial List of Equipments Owned by Raphael Logistics (5)
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Contact Us:
Raphael Logistics (T) Ltd.
Raphael Logistics USA Corp.
Mandela Rd. Plot No. 9/2 Box Office Number 62352 Dar Es Salaam, Tanzania W: www.raphaellogistics.com E: info@raphaellogistics.com P: +255-22245-1526 Attention: Mr. Raphael Robert Tesha Managing Partner
(A New Jersey Corporation and wholly owned subsidiary of Raphael Logistics (T) Ltd.) Attention: Mr. Deo Ruta Director P: 1.301.520.6828 E: deo_ruta@yahoo.com Address: 19036 Grotto Ln Germantown, MD 20874 Financial Consultant:
Mr. Fernando M. Sopot President & CEO Global First Financial Partners, Inc. 108 Orchard Terrace Union, New Jersey 07083 U.S.A. P: 1.908.463.9417 E: fms@globalfirstfinancial.net W: www.globalfirstfinancial.net
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