PRINTRisk report
Annual Report 2010, page 90
RISK MANAGEMENT
HHLA’s risk management system fosters a keen awareness of dealing with corporate risks. It aims to identify risks in good time and take steps to manage or avert them, thereby preventing situations which could jeopardize the con tinued existence of the HHLA Group.
Internal control system and management of accounting risks
HHLA’s internal control system is designed to ensure that the (financial) reporting processes used throughout the company are consistent, transparent and reliable.
Risk Items
- Strategic risks
- Market risks
- Financial risks
- Changes in legal environment
- Staff risks
- IT risks
- Other risks
Overall assessment of risks and opportunities
The HHLA Group’s overall risk position is determined largely by uncertainties surrounding the future development of the global economy and by strategic and market risks.