Financial policy

Eurocon is through their activities exposed to financial risks. Financial risks refer to variations in operating results and cash flow as a result of credit, currencies and interest rates. Responsibility for the Group’s financial transactions and risks are managed centrally by the parent and the parent company’s central finance function in agreement with the Board . Overall, the financial risks within the group are relatively small in both currency and interest rate side .

Eurocon liquidity in accordance with previous Board decisions are placed in bank accounts in local banks . Funds , beyond what is necessary for ongoing operations and for the development of the Group , shall be distributed to shareholders .

Currency risk is the risk that exchange rate changes negatively affect Eurocon income statement , balance sheet and cash flow . Foreign exchange risk related to changes in expected cash flows and contract is relatively limited in Eurocon . Sales in foreign currencies is now very small , but risk can occur when sales are in foreign currency and costs for personnel actions are in Swedish currency . The currency exposure exceeding 50 000 Euro , to be hedging through derivatives .