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Derivation of Net Loss from Gross Loss
Risk prior
to measures
Avoidance
e.g. avoidance
of high-risk
transactions
Minimizing
e.g. operating
instructions
Transfer
e.g. insurance
to cover
operational
downtime
Risk after
measures
Gross loss Net loss
With regard to the extent of loss or damage, a distinction is drawn between major risks in excess of
€ 25 million and other risks involving loss or damage of less than € 25 million. Risks must be recorded
within the internal planning and controlling systems of the respective companies and communicated
to Group management in accordance with the specific company reporting thresholds.
It is evident that, at present, even a number of major risks of € 25 million incurred in parallel
would not be sufficient to endanger the Group as a going concern. We consider it expedient, however,
not to raise the reporting threshold.