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Annual Report & Accounts 2014 - NOTES
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by the nature of the assets, significant judgement. the group has applied a discount based on the probability of the put option being fulfilled based on these commercial factors, of 15%, which requires significant judgement on behalf of management. 25. GoinG conceRn the group's business activities, together with the factors likely to affect its future performance and position are set out in the chairman's, chief executive's and group Finance Director's statements. note 20 to the financial statements sets out the group's financial risk management policies, and its exposure to credit risk and liquidity risk. the Directors have assessed the financial risks facing the business, and compared this risk assessment to the net current assets position and dividend policy. the Directors have also reviewed relationships with key suppliers and software providers and are satisfied that the appropriate contracts and contingency plans are in place. the Directors have prepared income statement and cash flow forecasts to assess whether the group has adequate resources for the foreseeable future. the Directors consider that the group has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the consolidated financial statements. 26. suBseQuent eVents there have been no subsequent events between 31 December 2014 and the date of the signing of these accounts that merit inclusion. GVC HOLDINGS PLC ANNUAL REPORT 2014 61 notes to the consolidated financial statements