Development of Risks in 2014

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Risks

 

Status

 

 

 

equal Unchanged     decreased Decreased     increased Increased

Overall economic risks

 

decreased

Sales-market risks

 

equal

Procurement-market risks

 

equal

Market-trend risks

 

equal

Investment risks

 

equal

Production risks

 

equal

Financial risks

 

equal

Credit risks

 

equal

Market-price risks and risks of fluctuating payment flows

 

equal

Liquidity risk

 

equal

Pensions

 

equal

Legal risks

 

equal

Regulatory risks

 

increased

IT risks

 

equal

Personnel-related risks

 

equal

External risks

 

equal