GKN PLC

Annual Report and Accounts
for the year ended 31 December 2007

 

Financing and Risk

This section describes the treasury, funding and liquidity management activities undertaken by GKN. It also summarises the financial and non-financial risks which GKN faces in its global operations.

Financing and risk activities

Group Treasury are responsible for securing short and long term funding at minimum cost and for the management of financial risks of the Group.

Financing full review

Financing and risk activities

As part of the Group’s risk management process, each business assesses the likelihood and potential impact of a range of events to determine the overall risk level and to identify actions necessary to mitigate their impact.

Risk full review

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