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Commercial Credit Report ABC HOMES LTD 12345 FORGE RD SE Report date: Feb 05, 2016 CALGARY, AB File opened Dec 31, 2000 T2H OS9 File Number:0000199943 Telephon: 403-555-0581 Subject Number:A13999 Fax: 403-555-1284 Reference Number: New Business Requestor ID : John Test Primary SIC number - 1521 - (Gen Con, Home Improvement) ** SUMMARY Credit Info Scores Payment 9 Trade Suppliers Owed 220K * 23 Current 12* 3rd Period Past Due Owed 9,006 or 4 percent* 44 4Q2015 79* Current Owed 160K or 72 percent * 38 4Q2014 19* Highest Credit Limit Rptd 116K * 20 4Q2013 24* ** * Returned Cheques 1 for 275 Last Returned Cheque Dec 01,2018 Collection Claims 1 for 500 Last Claim Jan 12,2019 Legal Suits 2 for 492K Last Legal Suit Feb 1, 2016 Judgments 1 for 0 Last Judgment Jun 12, 2015 Other Items 1 for 0 Last Other Item Jul 31, 2015 Supplier's Name/Industry Rpld Open Date Date *** TRADE ITEMS *** Terms Amount/Comments/Habits High Total Current Past Due/PayPeriod Credit Owing in dollars 1st 2nd rd 30,211 20,5200 10 0 0 Mfr-Auto & Parts-1998/10/01 839 REVELSTOKE HOME CTRE 604-899-5555 Nov 36,150 36150 19521 16629 00 Retail-Bldg/Hardware: Nov" 57 347 6144 15333 5591 0 0 TOTAL for 90 days PL 12 123K 62,814 40,594 22, 22000 REPORTED Mfr Fabricated Mti Nov 116K 116K 90,495 21,488 1.681 3.106 Contr . Masonry StoneOct" OIL CANADA (WEST)403-691-2622 Oct" 33,955 33,955 23,769 3.396 1019 5,771 2,724 2,724 2.724 0 0 10 Mfr-Paint Varnishes: Oct 2,000 919 1680 110 0 129 Services Employment Aug 707 707 707 10 10 10 GAS STATION INC: 403-294-6431 Mar 5.154 3,007 1,594 1,413 10 PL 12 Total Reported 285K 220K 160K 48,627 2.700 9.006 note: * Indicates the data was supplied by an accounts receivable submission PAYMENT TRENDS Overdue Quarters Payment Index CI Score Suppliers Total Owing Current 1st 2nd 3rd 4Qtr/2015 79 44 43 141865 12015 18636 14254 96960 3Qtr/2015 58 40 31 129261 24559 28437 31022 45241 2Qtr/2015 25 36 19 95189 48546 25701 13326 6663 1Qtr/2015 24 20 11 127349 $4760 54760 17828 4Qtr/2014 19 38 12 104656 56514 34676 10465 3Qtr/2014 84 142 37 208722 12523 18785 16698 158629 2Qtr/2014 58 44 31 129261 24560 11633 1 98238 1Qtr/2014 25 25 19 ||95189 48546 2845 13326 6663 4Qtr/2013 24 20 11 127439 68817 45878 12744 0 ** RETURNED CHEQUES *** Sys. Date Bank date Amount Reason Returned Status Feb 05,2019 Dec 01, 2018 275.00 NSF Not Replaced *** COLLECTION CLAIMS RECEIVED *** ebtor ABC Homes Ltd Date Placed Jan 12, 2010 Creditor ABC Publishing Amount Placed 500 Equifax Acts. Rec Amount Paid Agency Comment in collection Debtor ABC Homes Ltd. Date Placed December, 2015 Creditor Repair Services Inc Amount Placed 1000 Agency Equifax Aucts. Rec mount Paid 800 Comment Claim satisfied *** LEGAL INFORMATION SECTION * - Statement of Claim Defendant ABC HOMES LTD Plaintiff SMART, WARREN Amount 16,364 Reason Damages Date Feb 1, 2010 Court Queen's Bench Location Calgary File Number 980324540 Statement of Claim Defendant ABC HOMES 2000 LTO Plaintiff VAN SMITH HOMES Amount 470,000 Reason Damages Date November 5, 2015 Court Queen's Bench Location Calgary File Number 070312004 Judgment, Order Defendant ABC HOMES LTD Plaintiff JONES, MARK Amount Reason Damages Date Jun 12, 2015 Court Queen's Bench Location Calgary File Number 070345568 *** OTHER LEGAL INFORMATION *** Notice of Discontinuance: Defendant ABC HOMES 2000 LTD Plaintiff 123858 ALBERTA INC Date Jul 31, 2015 Court Queen's Bench Location Calgary File Number 980355797 *** BANKING INFORMATION *** Reported on: ABC HOMES LTD Date: 2016/02/05 File Numbe 000190943 Subject Number. A13999 CANADIAN IMPERIAL BANK OF COMMERCE 628-8TH AVE S.W. CALGARY ALBERTA, T2P1G4 Branch: 010. Transit: 00019 Ref. Phone: (403) 544-1234 Ref. Fac (403) 544-0988 Account Information: Number of Accounts: 2. Current account, US account, Opened: For more than 3 years Total Balance: Low 6 figures *** Returned Cheque Details*** Quantity: None, Frequency: In the last 3 months ***Line of Credit Details*** Opened: 2000/12/03 Authorized Amount Low 7 figures Utilized: 80 percent Rating: Paid as agreed Secured: yes, Equipment, Mortgage Loan Details: Term loan Opened: 2001/12/04 Authorized Amount: 180.000 dollars Balance Owing: 25.000 dollars Terms: Monthly. 1.280 dollars Rating: Paid as agreed Secured: yes, Mortgage. Inventory *** COMPANY INFORMATION *** Incorporation Number: 12345067. Effective Date: 2000/05/01 Provincial Charter Alberta 2000/02/06, ALBERTA CORPORATE REGISTRY REGISTERED OFFICE AND RECORDS ADDRESS: 12345 FORGE RD SE CALGARY AB, T2HOS9. LAST ANNUAL REPORT 2015-12-01 Premises: Owned. Land Only (Reported: 2016/02/20) 12345 FORGE RO SE CALGARY AB T2HOSO Valuation Srce: Municipal Evaluation, Value: 500.000 dollars Number Employees: Full Time: 25. (Reported: 2018/02/06) Part Time: 25. (Reported: 2016/02/06) Finances: Sales: 1,500.000 dollars. (Reported: 2016/02/05) Net Worth: 2.500.000 dollars. (Reported: 2016/02/05) AIR Amount: 75,000 dollars. (Reported: 2018/02/05) A/P Amount: 50.000 dollars. (Reported: 2016/02/05) Officers/Owners: (Reported: 2018/02/05) WILSON, JOHN, President/Shareholder/Administrator WILSON. SAMANTHA, Secretary Treasurer Administrator WILSON, WILMA, Vice President/Administrator *** ADDITIONAL COMMENTS*** 2016/03/20, ABC HOMES LTD PREVIOUS ADD: 11 GREENBRIER CRES, SHERWOOD PARK AB. T8A1A2 *** OTHER FILES INCLUDED IN THIS REPORT *** ABC HOMES LTD. 11 GREENBRIER CRES SHERWOOD PARK, AB T8A1A2 File Number 0032589044 Subject Number: 229080 ABC HOMES LTD 206, 2 ATHABASCA AVENUE SHERWOOD PARK AB T8A4E3 File Number: 0085299943 Subject Number: ZX1688 Complete the next ten questions based off of the information from the Credit Bureau. 1. It appears that "OIL CANADA (WEST) has curtailed ABC's credit. This is likely due to O the account is new and already overdue it is only a temporary rating until the account is brought back to current status, the account is too new to rate and uncertainty exists. Not enough information to determine 2. What is the highest credit limit currently reported? O $110,000 O 5116 O $120,000 O $33,055 3. The overall Credit Into score for ABC for the current quarter is: O 23 O 12 14 10 4. In the section Collection Claims Regelved", why is the amount collected less than the amount placed for collection by Repair Services, Inc.? Repair Services accepted partial payment as full settlement of the debt. O ABC disputed the amount owed. O ABC will pay the balance later O ABC owed only the smaller amount 5. Why is the Canadian Imperial Bank of Commerce report so positive? ABC is a strong company. ABC is a good customer The bank manager is a friend of the president of ABC. The bank is a secured creditor 8. Why has the number of #Suppliers" jumped from 12 In Quarter Four 2014 to 43 in Quarter Four 2015? O ABC is seeking new suppliers. More accounts are defaulting More suppliers want ABC's business. O ABC is going through expansion 7 ABC started getting into financial difficulty in Quarter Two 2014 Quarter Four 2014 O Quarter One 2015 Immediately after incorporation 8. The account placed for collection in January, 2015 is a relatively small dollar amount. This is normal for any business O pointless to place a small amount for collection significant because it confirms trends insignificant because of the amount. 9. The number of signing officers required is Four Two One Three 10. There are derogatory items on ABC's credit report O Four O TWO One O Six Commercial Credit Report ABC HOMES LTD 12345 FORGE RD SE Report date: Feb 05, 2016 CALGARY, AB File opened Dec 31, 2000 T2H OS9 File Number:0000199943 Telephon: 403-555-0581 Subject Number:A13999 Fax: 403-555-1284 Reference Number: New Business Requestor ID : John Test Primary SIC number - 1521 - (Gen Con, Home Improvement) ** SUMMARY Credit Info Scores Payment 9 Trade Suppliers Owed 220K * 23 Current 12* 3rd Period Past Due Owed 9,006 or 4 percent* 44 4Q2015 79* Current Owed 160K or 72 percent * 38 4Q2014 19* Highest Credit Limit Rptd 116K * 20 4Q2013 24* ** * Returned Cheques 1 for 275 Last Returned Cheque Dec 01,2018 Collection Claims 1 for 500 Last Claim Jan 12,2019 Legal Suits 2 for 492K Last Legal Suit Feb 1, 2016 Judgments 1 for 0 Last Judgment Jun 12, 2015 Other Items 1 for 0 Last Other Item Jul 31, 2015 Supplier's Name/Industry Rpld Open Date Date *** TRADE ITEMS *** Terms Amount/Comments/Habits High Total Current Past Due/PayPeriod Credit Owing in dollars 1st 2nd rd 30,211 20,5200 10 0 0 Mfr-Auto & Parts-1998/10/01 839 REVELSTOKE HOME CTRE 604-899-5555 Nov 36,150 36150 19521 16629 00 Retail-Bldg/Hardware: Nov" 57 347 6144 15333 5591 0 0 TOTAL for 90 days PL 12 123K 62,814 40,594 22, 22000 REPORTED Mfr Fabricated Mti Nov 116K 116K 90,495 21,488 1.681 3.106 Contr . Masonry StoneOct" OIL CANADA (WEST)403-691-2622 Oct" 33,955 33,955 23,769 3.396 1019 5,771 2,724 2,724 2.724 0 0 10 Mfr-Paint Varnishes: Oct 2,000 919 1680 110 0 129 Services Employment Aug 707 707 707 10 10 10 GAS STATION INC: 403-294-6431 Mar 5.154 3,007 1,594 1,413 10 PL 12 Total Reported 285K 220K 160K 48,627 2.700 9.006 note: * Indicates the data was supplied by an accounts receivable submission PAYMENT TRENDS Overdue Quarters Payment Index CI Score Suppliers Total Owing Current 1st 2nd 3rd 4Qtr/2015 79 44 43 141865 12015 18636 14254 96960 3Qtr/2015 58 40 31 129261 24559 28437 31022 45241 2Qtr/2015 25 36 19 95189 48546 25701 13326 6663 1Qtr/2015 24 20 11 127349 $4760 54760 17828 4Qtr/2014 19 38 12 104656 56514 34676 10465 3Qtr/2014 84 142 37 208722 12523 18785 16698 158629 2Qtr/2014 58 44 31 129261 24560 11633 1 98238 1Qtr/2014 25 25 19 ||95189 48546 2845 13326 6663 4Qtr/2013 24 20 11 127439 68817 45878 12744 0 ** RETURNED CHEQUES *** Sys. Date Bank date Amount Reason Returned Status Feb 05,2019 Dec 01, 2018 275.00 NSF Not Replaced *** COLLECTION CLAIMS RECEIVED *** ebtor ABC Homes Ltd Date Placed Jan 12, 2010 Creditor ABC Publishing Amount Placed 500 Equifax Acts. Rec Amount Paid Agency Comment in collection Debtor ABC Homes Ltd. Date Placed December, 2015 Creditor Repair Services Inc Amount Placed 1000 Agency Equifax Aucts. Rec mount Paid 800 Comment Claim satisfied *** LEGAL INFORMATION SECTION * - Statement of Claim Defendant ABC HOMES LTD Plaintiff SMART, WARREN Amount 16,364 Reason Damages Date Feb 1, 2010 Court Queen's Bench Location Calgary File Number 980324540 Statement of Claim Defendant ABC HOMES 2000 LTO Plaintiff VAN SMITH HOMES Amount 470,000 Reason Damages Date November 5, 2015 Court Queen's Bench Location Calgary File Number 070312004 Judgment, Order Defendant ABC HOMES LTD Plaintiff JONES, MARK Amount Reason Damages Date Jun 12, 2015 Court Queen's Bench Location Calgary File Number 070345568 *** OTHER LEGAL INFORMATION *** Notice of Discontinuance: Defendant ABC HOMES 2000 LTD Plaintiff 123858 ALBERTA INC Date Jul 31, 2015 Court Queen's Bench Location Calgary File Number 980355797 *** BANKING INFORMATION *** Reported on: ABC HOMES LTD Date: 2016/02/05 File Numbe 000190943 Subject Number. A13999 CANADIAN IMPERIAL BANK OF COMMERCE 628-8TH AVE S.W. CALGARY ALBERTA, T2P1G4 Branch: 010. Transit: 00019 Ref. Phone: (403) 544-1234 Ref. Fac (403) 544-0988 Account Information: Number of Accounts: 2. Current account, US account, Opened: For more than 3 years Total Balance: Low 6 figures *** Returned Cheque Details*** Quantity: None, Frequency: In the last 3 months ***Line of Credit Details*** Opened: 2000/12/03 Authorized Amount Low 7 figures Utilized: 80 percent Rating: Paid as agreed Secured: yes, Equipment, Mortgage Loan Details: Term loan Opened: 2001/12/04 Authorized Amount: 180.000 dollars Balance Owing: 25.000 dollars Terms: Monthly. 1.280 dollars Rating: Paid as agreed Secured: yes, Mortgage. Inventory *** COMPANY INFORMATION *** Incorporation Number: 12345067. Effective Date: 2000/05/01 Provincial Charter Alberta 2000/02/06, ALBERTA CORPORATE REGISTRY REGISTERED OFFICE AND RECORDS ADDRESS: 12345 FORGE RD SE CALGARY AB, T2HOS9. LAST ANNUAL REPORT 2015-12-01 Premises: Owned. Land Only (Reported: 2016/02/20) 12345 FORGE RO SE CALGARY AB T2HOSO Valuation Srce: Municipal Evaluation, Value: 500.000 dollars Number Employees: Full Time: 25. (Reported: 2018/02/06) Part Time: 25. (Reported: 2016/02/06) Finances: Sales: 1,500.000 dollars. (Reported: 2016/02/05) Net Worth: 2.500.000 dollars. (Reported: 2016/02/05) AIR Amount: 75,000 dollars. (Reported: 2018/02/05) A/P Amount: 50.000 dollars. (Reported: 2016/02/05) Officers/Owners: (Reported: 2018/02/05) WILSON, JOHN, President/Shareholder/Administrator WILSON. SAMANTHA, Secretary Treasurer Administrator WILSON, WILMA, Vice President/Administrator *** ADDITIONAL COMMENTS*** 2016/03/20, ABC HOMES LTD PREVIOUS ADD: 11 GREENBRIER CRES, SHERWOOD PARK AB. T8A1A2 *** OTHER FILES INCLUDED IN THIS REPORT *** ABC HOMES LTD. 11 GREENBRIER CRES SHERWOOD PARK, AB T8A1A2 File Number 0032589044 Subject Number: 229080 ABC HOMES LTD 206, 2 ATHABASCA AVENUE SHERWOOD PARK AB T8A4E3 File Number: 0085299943 Subject Number: ZX1688 Complete the next ten questions based off of the information from the Credit Bureau. 1. It appears that "OIL CANADA (WEST) has curtailed ABC's credit. This is likely due to O the account is new and already overdue it is only a temporary rating until the account is brought back to current status, the account is too new to rate and uncertainty exists. Not enough information to determine 2. What is the highest credit limit currently reported? O $110,000 O 5116 O $120,000 O $33,055 3. The overall Credit Into score for ABC for the current quarter is: O 23 O 12 14 10 4. In the section Collection Claims Regelved", why is the amount collected less than the amount placed for collection by Repair Services, Inc.? Repair Services accepted partial payment as full settlement of the debt. O ABC disputed the amount owed. O ABC will pay the balance later O ABC owed only the smaller amount 5. Why is the Canadian Imperial Bank of Commerce report so positive? ABC is a strong company. ABC is a good customer The bank manager is a friend of the president of ABC. The bank is a secured creditor 8. Why has the number of #Suppliers" jumped from 12 In Quarter Four 2014 to 43 in Quarter Four 2015? O ABC is seeking new suppliers. More accounts are defaulting More suppliers want ABC's business. O ABC is going through expansion 7 ABC started getting into financial difficulty in Quarter Two 2014 Quarter Four 2014 O Quarter One 2015 Immediately after incorporation 8. The account placed for collection in January, 2015 is a relatively small dollar amount. This is normal for any business O pointless to place a small amount for collection significant because it confirms trends insignificant because of the amount. 9. The number of signing officers required is Four Two One Three 10. There are derogatory items on ABC's credit report O Four O TWO One O Six