Annual Report 2015

Overall statement of the board of management on the risk situtation

The overall risk situation of the group results from the aggregation of all categories for all business units and functions. It has not changed significantly compared with the previous year, and remains moderate and manageable. The Board of Management is not aware of any potential economic or legal threat to the group as a going concern. The Board of Management believes that the group is moreover well-placed to extend its market position and achieve global growth in the medium term, too.