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
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
GVC HOLDINGS PLC ANNUAL REPORT 2014 61
notes to the consolidated financial statements