Statements Performance Records Shares Operations Corporate Structure Past Enquiries Documents Received. Incorporation. D&B Report.

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1 D&B Report Sample - Navigation This is a sample report only, which contains all available elements of D&B commercial reports. Jump to any section of the report using the links below. D&B provides six levels of report, to help you take credit decisions from low to high risk accounts. Summary Business Overview Company Information Financial Information Incorporation Head Office Credit & Risk Analysis Elimit DRS DRS Trend DDS DDS Trend Trade Payments Collection & Default Notices Public Filings Banking & Finance 5yr Financials Comparative Stat. Financial Position Stat. of Cash flows Stat. Financial Performance Financial Ratios Bank Current Investigation Work in Progress KENTMORE CLOTHING (MANUFACTURING) LTD Previously: Status: Kentmore Clothing Ltd Registered DUNS: Company No: NZCO Extract Date: 11 Sep 2002 PPSR Search Date: 23 April 2004 Summary Business Overview Directors/Background Subsidiary of GORMAN PRINTING CO INC (DUNS ) of SAN FRANCISCO, CA, United States Trading as: Line of Business: CEO: KENTMORE GOODFIT MANUFACTURER MENS & YOUTH CLOTHING & HOLDING COMPANY PATRICK WILLIAM KENT, Managing Director Founded: 1960 Current control: 1990 Industry SIC Codes: Manufactures men's and boy's furnishings Manufactures men's and boy's underwear and nightwear Manufactures men's and boy's trousers and slacks Manufactures men's and boy's work clothing Manufactures men's and boy's clothing Engaged as holding Employs: 30 Imports: Yes Exports: Yes Sales: $8,000,000 (Projected) Net Worth: $199,872 Rating: C2 (D2) History & Operations Statements Performance Records Shares Operations Corporate Structure Past Enquiries Documents Received D&B Report Summary Company Information Court Actions: 3 Past Enquiries: 11 Collections: 2 Directors: 2 Defaults: 2 Director Judgements: 1 PPSR Financial Statements: 2 Directorship Alerts: 4 Trade References: 12 Summary Financial Information Revenue: 33,128,021 Tangible Net Worth 227,783 Net Profit: (14,302,300) Employees 4,784 DRS 1285 DDS 327 Incorporation District: Auckland Date Incorporated: 23 Jun 1976 Type: Company Status: Registered Head Office Street Address: 2 Kitchener Street Auckland 1001 Postal Address: PO Box 9589 Newmarket Auckland 1031 Tel: Fax: Mobile: Toll Free: Address: Website: Credit & Risk Analysis elimit 1 kentp@kentmore.co.nz IMPORTANT NOTICE: Do not confuse this company with other Kentmore companies. This is a fictitious company used by D&B for demonstration purposes only. This report is a sample report of an answerable from file business information report including effective interview and financials. Note: the elimit recommendation is available ONLY when ordering an elimit report The elimit credit recommendation provides an indication of an acceptable credit limit based on information maintained on the Dun & Bradstreet database. Credit Limit Requested: $60,000 elimit Recommendation: $10,000 to $50,000

2 Dynamic Risk Score The Dynamic Risk Score uses a statistically valid model derived from the Dun and Bradstreet database to predict the likelihood of financial distress during the next 12 months. Relative Risk: Very High Low Moderate Significant Severe Recommend: Review Terms and monitor closely Dynamic Risk Score 1220 Probability of Experiencing Financial Distress 17.37% Industry Average 1352 Probability of Experiencing Financial Distress 2.09% A score between 1001 and 1560 does not indicate that the business will actually experience financial distress. A score of 0 indicates that the company is in financial distress. Scores are updated the day new information enters the company's file. Some elements of this report have been found to be more significant than others in predicting Financial Distress. Any public record items referred to on the Dun and Bradstreet database may have been paid, terminated or released, prior to the date that this score was produced. Score Range Distress Probability Key to Scores Relative Risk Level Dun and Bradstreet Recommendation Minimal Extend Terms to encourage growth Very Low Extend Terms to encourage growth Low Extend Terms Below Average Extend Terms Average Extend Terms Moderate Extend Terms and monitor High Review Terms and monitor Very High Review Terms and monitor closely Severe C.O.D Dynamic Delinquency Score The Dynamic Delinquency Score uses a statistically valid model derived from the Dun and Bradstreet database to predict the likelihood that a business will pay in a severely delinquent manner (90+ days past terms) during the next 12 months. Low Moderate Significant Severe Key Influencing Factors The dollar value of court action(s) suggests potential higher risk of financial stress. Evidence of collection(s) activity in D&B Database within the past 3 years. 1 Evidence of court action(s) against the director(s) in D&B Database within the past 5 years. Return on net worth suggests potential higher risk of financial stress. Current ratio suggests potential of lower risk of financial stress. Collection period ratio suggests a potentially higher risk of financial stress. Notes: 1 Accounts are sometimes placed for collection even though the existence or amount of debt is disputed. Relative Risk: severe Dynamic Delinquency Score 227 Probability of Severely Delinquent Payment 87.63% Industry Average 487 Probability of Severely Delinquent Payment 7.26% A score of 227 indicates that the subject has a severe risk of paying in a severely delinquent manner (90 + Days Past Terms) during the next 12 months and has a score that is the same as or better than 2% of all records in the Dun and Bradstreet database. Dynamic Risk Score Trend Key Influencing Factors The statistical historical DRS and industry average scores have been computed from information available in the Dun and Bradstreet database as at the last day of each month. Payment experiences of at least $500 exist for this firm which are greater than 60 days past due. 1 Evidence of court action(s) in the D&B database within the past 5 years. Evidence of collections activity in the D&B database within the past 3 years. 2 Evidence of court action(s) against the director(s) in D&B database within the past 5 years. Notes: 1 Indications of slowness can be the result of disputes over merchandise, skipped invoices etc. 2 Accounts are sometimes placed for collection even though the existence or amount of debt is disputed. DRS Industry Standard

3 Dynamic Delinquency Score Trend Collection and Default Notices 2 The statistical historical DDS and industry average scores have been computed from information available in the Dun and Bradstreet database as at the last day of each month. Date Creditor Start Amount Amount Owing Comment 13 Mar 2002 LEASING SOLUTIONS LTD $ $0.00 PAID 31 Jan 2003 FOCUS CAPITAL GROUP LTD $3, $3, OVERDUE ACCOUNT 23 Apr 2003 PARKERS LACE LIMITED $2, $0.00 PAID 12 Jan 2004 TEXILLA LTD $1, $1, OVERDUE ACCOUNT On 30 Sep 2003, interviewee stated that collection dated 23 Apr 2003 has been paid. Public Filings Security Interests - Personal Property Securities Register Date of Registration: 23 April 2004 Expiry Date: 22 Apr 2008 Status: Registered Secured Party: BUDGET FLEETPARTNERS Collateral Type: Goods - Motor Vehicles 2002 HOLDEN VECTRA 2.2 GL 5DR MAN S HOLDEN - Registration BAP151 DDS Industry Standard Key to Scores Score Range Risk Class Relative Risk Level Probability of Severely Delinquent Payment A minimal B low C below average D average E high F severe 83.7 Date of Registration: 04 Jun 2003 Expiry Date: 04 Jun 2007 Status: Registered Secured Party: HP FINANCIAL SERVICES (NEW ZEALAND) Collateral Type: Goods - Other Data/Video Projectors & Accessories Court Actions 3 Action: District Court Judgement Plaintiff: Parkers Lace Ltd Amount: $25, Date: 26 Jan 2004 File No: 17623/01 Trade Payments 1 (max displayed 100) Date Supplier Industry Terms Usually Pays Maximum Outstanding Current Balance Beyond Terms 31/01/04 Ref A Wholesale Trade $7,500 $7,500 $5,000 31/01/04 Ref A Wholesale Trade $7,500 $7,500 $5,000 31/01/04 Ref A Wholesale Trade $4,500 $4,500 $3,500 31/01/04 Ref B Wholesale Trade $1,000 $1,000 $1,000 31/01/04 Ref C Manufacturing $350 $350 $100 31/01/04 Ref C Manufacturing $1,000 $1,000 $1,000 31/12/03 Ref D Gas & Electric $22,750 $22,750 $2,750 31/12/03 Ref E Services $1,500 $1,500 $500 31/12/03 Ref A Wholesale Trade $75,000 $75,000 $72,500 31/12/03 Ref A Wholesale Trade $7,000 $7,000 $4,500 31/12/03 Ref A Wholesale Trade $5,000 $5,000 $2,500 31/12/03 Ref F Manufacturing $1,000 $1,000 $1,500 Action: District Court Judgement Plaintiff: Peterson Customs Ltd Amount: $2, Date: 13 Jun 2003 File No: 4174/01 Action: District Court Judgement Plaintiff: Texilla Ltd Amount: $10, Date: 20 Dec 2002 File No: 6354/2000 Media Release Date: Source: Title: Details: 26-Aug-2002 National Business Review New Contracts for Kentmore Clothing Clothing manufacturer Kentmore Clothing has been awarded exclusive contracts to manufacturer women's clothing in the South East Asia region. Managing Director Patrick Kent said that the new contract was part of the company's strategic intiative to expand into the lucrative South East Asia market. On 30 Sep 2003, 3 trade supplier(s) deferred trade reference details to a fax request, which remain unanswered to date. On 30 Sep 2003, 1 trade supplier(s) declined to provide a trade reference due to company policy.

4 Banking & Finance TOTAL ASSETS 4,248,270 3,842, % Subject is exempt from lodging accounts at the New Zealand Companies Office. Accounts are prepared by Smith Chilcott. Accounts are audited. On 15 Jan 2004, Patrick Kent, Managing Director submitted the following Financial statement(s) dated 30 June 2003 by mail. Comparative 30 Jun Jun Jun Jun Jun 1999 CURRENT Assets 941, , , , ,981 Liabilities 822, , , , ,172 WORKING CAPITAL 118, , , ,552 72,809 OTHER Tangible Assets 317, , , , ,151 Liabilities 288, , , , ,200 TANGIBLE NET WORTH 147, , , ,760 84,760 ANNUAL SALES 3,259,793 2,963,449 3,259,793 2,963,449 2,576,913 PROFIT AFTER TAX 88,859 44,418 88,859 44,418 38,625 INVENTORY 352, , , , ,010 CASH 3,112 2,366 3,112 2,366 2,184 ACCOUNTS RECEIVABLE 356, , , , ,621 FIXED ASSETS 304, , , , ,114 ACCOUNTS PAYABLE 187, , , , ,449 Payables 975, , % Trade Creditors 129, , % Creditors & Borrowings 799, , % Finance Lease Liabilities 543, , % Provisions 302, , % Tax Liabilities 250, , % Provisions for Employee Entitlements 103, , % Due to Related Companies 66,173 57, % Other Current Liabilities 37,295 20, % Total Current Liabilities 3,206,954 2,592, % Finance Lease Liabilities 164, , % Creditors & Borrowings 45,884 54, % Provisions 200, , % Provisions for Deferred Tax 104, , % Other Non-Current Liabilities 88,840 71, % Total Non-Current Liabilities 604, , % TOTAL LIABILITIES 3,811,023 3,117, % NET ASSETS 437, , % Statement of Financial Position 30/06/ /06/2002 $000 $000 % Change Cash 200, , % Cash & Bank 1, % Deposits-Short Term 108,500 55, % Receivables 158, , % Trade Debtors 23,689 17, % Other Debtors 124, , % Prepayments 14,661 12, % Work In Progress 51,296 32, % Stock 246, , % Raw Materials 3,613 2, % Inventories 336, , % Due from Related Companies 64,715 69, % Other Current Assets 73, , % Total Current Assets 1,407,432 1,286, % Property Plant & Equipment 1,502,654 1,485, % Land & Buildings 103,568 94, % Leasehold Improvements % Plant & Equipment 361, , % Office Furniture 8,979 5, % Prov for Depreciation (6,885) (2,058) % Other Fixed Assets 427, , % Deposits 65,104 20, % Shares in Related Companies 2,245 1, % Other Investments 1,580 1, % Future Income Tax Benefits 52,871 85, % Other Assets 320, , % Contributed Equity 33,154 30, % Share Capital 17,800 15, % Retained Profit 190, , % TOTAL SHAREHOLDER EQUITY 241, , % TOTAL LIABILITIES and EQUITY 4,052,632 3,365, % Statement of Cash Flows 30/06/ /06/2002 % Change Cash Flows from Operating Activities Receipts from Customers 853, , % Payments to Suppliers and Employees 541, , % Interest Received 2,175 1, % Other Revenue 237, , % Other Cash Flows from Operating Activities 19,800 14, Net Cash Flows from Operating Activities 1,654,597 1,108, % Cash Flows from Investing Activities Payments For Purchase of Controlled Entities 234,578 74, % Payments For Property, Plant & Equipment 111,350 71, % Payments for Investments 512, , % Proceeds from Sale of Investments 472, , % Other Cash Flows from Investing Activities 85,159 62, % Net Cash Flows from Investing Activities 1,416, , % Total Non-Current Assets 2,840,838 2,555, %

5 Cash Flows from Financing Activities Proceeds from Issue of Securities 188,765 92, % Other Cash Flows from Financing Activities 54,330 32, % Net Cash Flows from Financing Activities 243, , % Net Increase (Decrease) in Cash Held 114,287 98, Cash At Beginning of Financial Year 268, , % Cash at End of Financial Year 382, , % Current Investigation On 15 Jan 2004 Patrick Kent, Managing Director submitted the above statement and confirmed all other information in this report Sales: Year Ended 30 Jun 2003 Year Ended 30 Jun 2002 Year Ending 30 Jun 2001 $5,000,000 (Projected) $3,259,793 $2,963,449 Turnover for the period ending 31 DEC 2003 was an increase of 20% as compared to previous year due to greater market penetration. Net Profit: Year Ended 30 Jun 2003 Year Ended 30 Jun 2002 Year Ending 30 Jun 2001 >$90,000 (Projected) $88,859 $44,418 Statement of Financial Performance 30/06/ /06/2002 $000 $000 % Change Operations for the period ending 31 DEC 2003 was an increase in profit of 20% as compared to previous year due to a decrease in turnover. Significant events: In 2003 subject moved into new exports markets. Profit from Ordinary Activities before Income (14,402) (55,538) % Tax Income Tax Expense 5,611 28, % Profit from Ordinary Activities after Income (8,791) (27,020) % Tax Profit (Loss) from Extraordinary Items after 3,825 6, % Income Tax Net Profit (4,966) (20,165) % Outside Equity Interest 2,400 2, % Future events: Subject plans on opening a second manufacturing plant in Subject will continue to develop its product range but will not diversify operations. Inter company relations with subsidiaries include merchandise transactions. Work in Progress Client/Project/Location Amount % Complete Estimated Completion Design new men's pyjama range $200,000 25% May 2004 Fitout of new retail store, Burwood, Vic $150,000 80% Feb 2004 Net Profit Attribute to Shareholders (2,566) (18,010) % Directors Financial Analysis RATIO 2002 Industry Quartile Year Upper Median Lower Current Ratio Quick Ratio Total Debt/Tangible Net Worth Net Profit Margin (%) Inventory Turnover (times) Accounts Receivable Turnover Collection Period (days) Patrick William KENT Appointment Date: 16 Mar 1974 Address: 1/7 Telford Ave Balmoral Auckland Adam Thomas MORE Appointment Date: 16 Mar 1974 Address: 10 St Lukes Road St Lukes Auckland Directors Background Bank Patrick W Kent Daily Transactional Bank ANZ Banking Group (New Zealand) Ltd. Financing Bank The National Bank of New Zealand Ltd. Principals Background Title: Activity Status: Managing Director Involved in daily operations. Subject's secured overdraft facility of $100,000 is currently not being used and is secured by company assets. Average overdraft amount: $25,000 Subject has been with the National Bank of New Zealand since 1989 Annual Review of subject's finance facilities for their Financing Account is due in November. Other Boards: Previous Other Boards: Kentmore Holdings Ltd Kentmore Beachwear Ltd Kentmore Headwear Ltd Kentmore Underwear Ltd (Deregistered)

6 Employment History Period Company Employed Last Position Held Jan Jan 1979 Kent Shirts Sales Manager Jan Jan 1974 Kentmore Clothing Partner Qualification(s): BA (Economics) Has been employed in this industry all his working life Adam T More Principals Background Title: Director Activity Status: Involved in daily operations. Area of Responsibility: Administration Shares Shareholders as at 01 Aug 2002, sourced from an interview with subject. Name of Shareholder Shares Held Percentage Held Kentmore Holdings Limited Patrick William Kent Adam Thomas More Operations Line of Business: Specialises in: Manufacturer of men's and youth clothing. Subject acts as a holding company with its subsidiaries engaged in wholesale and retail of men's and youth clothing. Trousers and shirts Other Boards: Kentmore Holdings Ltd Kentmore Trends Ltd Kentmore Beachwear Ltd Kentmore Headwear Ltd Previous Other Boards: Kentmore Underwear Ltd (Deregistered) Adam More Accountancy Services Ltd (Deregistered) Employment History Period Company Employed Last Position Held Jan Jan 1979 Kent Shirts Accountant Jan Jan 1974 Kentmore Clothing Partner Qualification(s): ACA A check of internal records shows the following information against Adam T More : Products: Distributor for: Exports: Imports: Customs Agents: Types of customers: Territory: Terms: Trousers, Shirts and Pyjamas Ninja Nightwear 10% to New Zealand and Papua New Guinea on open account and telegraphic transfer Raw materials from France and Italy on letter of credit Beacon Global Cargo Solutions Retailers Nationwide 30 Days 7 Days Cash Action: District Court Judgement Plaintiff: GTS Telecom Networks Ltd Amount: $6, Date: 23 Jan 2001 File No: On 03 Oct 2003, Adam More, Director Stated the action dated 23 Jan 2003 has been in dispute. Major Clients: TJ Clothing, ABC Lifestylewear, Cheap & Chic Major suppliers: AJ Fabric - Ph: TC Cotton - Ph: Make It Strong - Ph: History & Operations Statements Subject was incorporated in Auckland on 02 Aug 1965, Incorporation No Incorporated to continue the business operations of Kentmore Clothing, which commenced operations in 1960, with the current directors' fathers trading as partners Current ownership commenced in Name was changed from Kentmore Clothing Pty Ltd to current name on 02 Aug Shelf company from 08 Mar 1997 to 02 Feb Receivable Accounts: Employs: 250 active accounts 26 (320 Group) Including the active directors Year No of Employees Reasons Employee History: (320 Group) Increase in sales (320 Group, Includes 10 part-time plus 40 subcontractors. Employees drop to 17 during off season.) Quality Accreditation: ISO 9002 Memberships: Employers & Manufacturers Association Starting capital $35,000,000. Performance Record Client/Project/Location Amount Year Completed Release to market youth Ninja pyjama range $500, Establish 2 new franchises $750, Location: Leases 5,000 sq feet of warehouse and factory premises at heading address. Premises owned by affiliate. Premises located in central business district of Auckland. $1,750,000 Property value subject to mortgage of $250,000.

7 Corporate Structure Parent: Kentmore Holdings Ltd 24 Bridge Street, Newmarket Auckland NEW ZEALAND /10/ Prospectus Extension Certificate 03/11/ Annual Financial Statements 21/11/ Consent Form for Newly Appointed Officer 21/11/ Particulars of Directors 01/01/ Amalgamation Certificate 01/01/ Amalgamation Proposal Subsidiaries: Kentmore Trends Ltd Kentmore Beachwear Ltd Kentmore Headwear Ltd 1 elimit Credit Recommendation The information provided by D&B may in whole or in part represent or be based on information provided to D&B from third parties, public registers or publicly available information sources. Such information or Service is to be considered current within D&B s established procedures for updating information and products and usually is Affiliates: not the product of independent investigation prompted by an enquiry (whether by the Customer or another person). Every Kentmore Headwear Ltd (In Vol Liq) business decision, to some degree or another, represents an assumption of risk. D&B in providing information does not and cannot underwrite the Customer s risk in any manner whatsoever. Trading Style: Kentmore Goodfit Kentmore Nitewear 2 Dun & Bradstreet Receivable Management Services Information contained within this report covers debt recovery action over the past five years. Branches: GROSVENOR STREET CHRISTCHURCH Dun & Bradstreet Court File Information contained within this report includes court actions, summonses and judgements made over the past five years. Past Enquiries CURRENCY: All monetary amounts quoted in this report are shown in NEW ZEALAND DOLLARS unless otherwise stated. The last enquiry on this subject was 17 Mar There have been 4 enquiries on the subject in the last month and 8 enquiries on subject in the last year. End of Report Enquiry Date Enquiring Organisation Enquiry Type Amount 17 Mar 2004 ISLEY CLOTH SUPPLIES PTY LIMITED Rental or Hire Equipment $15, Mar 2004 TRUST INDUSTRIAL PTY LTD Rental or Hire Equipment $6, Mar 2004 ABC (SALES) PTY LTD Trade Finance $31, Mar 2004 MCGUIRE SUPPLIES PTY LTD Loan Contract $25, Feb 2004 ROYAL NEWS PTY LIMITED Goods Sold & Delivered $4, Feb 2004 ROYAL NEWS PTY LIMITED Trade Finance $6, Feb 2004 ABC (SALES) PTY LTD Factored Account $33, Jan 2004 MCGUIRE SUPPLIES PTY LTD Services Rendered $40, Dec 2003 TRUST INDUSTRIAL PTY LTD Trade Finance $14, Dec 2003 ISLEY CLOTH SUPPLIES PTY LIMITED Lending Proposal $8, Nov 2003 TACTILE PROMOTIONS PTY LIMITED Goods Sold & Delivered $26,000 Documents Received 17/01/ Annual Financial Statements 21/11/ Particulars of Directors 05/12/ Notice of Issue of Shares 18/01/ Particulars of Directors 01/04/ Amalgamation Proposal 25/06/ Online Annual Return 28/06/ Prospectus 01/07/ Amalgamation Proposal 03/07/ Particulars of Directors 03/10/ Annual Financial Statements 06/12/ Particulars of Directors 09/12/ Consent Form for Newly Appointed Officer 18/12/ Particulars of Directors 21/03/ Amendment of Prospectus 13/06/ Online Annual Return 01/10/ Prospectus Extension Certificate