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  •  Interim management report 
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Risk report

Thanks to our systematic and effective risk management system, risks are contained and manageable. There are no risks threatening the existence of the Company. Business risks are well controlled. Included in this are intensive project controls on our major projects. We counter rising material prices, in particular for ore and coal, by passing on the costs in our product prices and using alternative procurement sources. The global presence of the Group limits market and cyclical risks from regional price and volume developments. In addition, our diversified product and customer structure reduces possible sales risks. To date the financial crisis has had little effect on the financing arrangements of ThyssenKrupp; the financing of our investment program for the current fiscal year also stands on a secure foundation. We manage our financial risks by the use of derivative financial instruments. The information contained in the risk report in the 2006/2007 Annual Report is still valid.

We report on pending lawsuits, claims for damages and other risks in Note 06.