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in regulations, new legal interpretations and pronouncements
and the guidelines of Confindustria (Italian confederation of
industry).
The Prysmian Group adopts and will continue to adopt a global
approach to the risk factors to which it is exposed, whether of
external or internal origin. This classification is used below to
describe the significant risk factors by type and the strategies
adopted to mitigate such risks. Financial risks are discussed in
detail in the Explanatory Notes to the Consolidated Financial
Statements in Section C (Financial risk management).
As stated in the Explanatory Notes to the Consolidated
Financial Statements (Section B.1 Basis of preparation),
there are no financial, operating or other kind of indicators
that might cast doubt on Prysmian Group’s ability to meet
its obligations in the foreseeable future (and particularly
in the next 12 months). In particular, based on its financial
performance and cash generation in recent years, as well as
its available financial resources at 31 December 2012, the
Company believes that, barring any extraordinary events, there
are no significant uncertainties, such as to cast significant
doubt upon the business’s ability to continue as a going
concern.
EXTERNAL RISKS
INTERNAL RISKS
