IBERSOL | Annual Report and Consolidated Accounts 2015 - page 114

Consolidated Financial Analysis
At the operational level, management risks are identified and evalu-
ated regarding the objectives of each business and actions tomanage
those risks are planned; the latter are included andmonitored within
the scope of the business plans and functional units.
In order to guarantee conformity of the established procedures, the
Group’s main internal control systems are periodically evaluated.
The internal control and monitoring of the internal control systems
are conducted by the Executive Committee. Certain risk areas are
associated to the specific nature of the business, of which the fol-
lowing stand out:
- Quality, food hygiene and occupational safety
- Diversification of markets
- Financial
- Environmental
With operations in the food service sector, any epidemics or dis-
tortions in raw material markets along with consumption pattern
changes can significantly impact the financial statements.
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