As the process of borrowing for the entire Group has been centralised, the ownership loan debt instrument is used to transfer liquidity within the group, in order to support the investment process; the Group’s current operations are financed by using local and international cash pooling.
At present, the Parent Entity does not identify a material risk of not satisfying the financial covenants set forth in external financing agreements in connection with the COVID-19 pandemic.
The Group continues to pursue its investment projects in accordance with the adopted schedules and accordingly has not identified an increased risk related to their continuation due to the coronavirus pandemic.
There were also no interruptions in the continuity of the Group’s operations caused by virus infections among employees in the reporting period. There was also no material increase in pandemic-related absenteeism among employees in the Parent Entity’s core business and domestic and foreign production assets. The solutions already implemented in the Group are analysed and assessed on an ongoing basis in terms of ensuring employee safety and additional solutions are continually introduced to mitigate the risk of virus transmission among the staff.