Polaris 2015 Annual Report Download - page 64

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During 2015, consumers financed 31 percent of our vehicles sold in the United States through the combined
Capital One revolving retail credit and Sheffield Financial, Synchrony Bank, Chrome Capital and
FreedomRoad installment retail credit arrangement. The volume of revolving and installment credit contracts
written in calendar year 2015 was $1,038.9 million, a 15 percent increase from 2014.
We administer and provide extended service contracts to consumers and certain insurance contracts to dealers
and consumers through various third-party suppliers. We do not retain any warranty, insurance or financial
risk under any of these arrangements. The service fee income generated from these arrangements has been
included as a component of income from financial services in the accompanying consolidated statements of
income.
We believe that existing cash balances, cash flow to be generated from operating activities and available
borrowing capacity under the line of credit arrangement will be sufficient to fund operations, new product
development, cash dividends, share repurchases, acquisitions and capital requirements for the foreseeable
future. At this time, we are not aware of any factors that would have a material adverse impact on cash flow.
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