Vodafone 2016 Annual Report Download - page 201
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Overview Strategy review Performance Governance Financials
Additional
information
Vodafone Group Plc
Annual Report 2016
199
a the Group’s ability to secure the timely delivery of high-quality
products fromsuppliers;
a loss of suppliers, disruption of supply chains and greater than
anticipated prices of new mobile handsets;
a changes in the costs to the Group of, or the rates the Group may
charge for, terminations and roaming minutes;
a the impact of a failure or signicant interruption to the
Group’s telecommunications, networks, IT systems or data
protection systems;
a the Group’s ability to realise expected benets from acquisitions,
partnerships, joint ventures, franchises, brand licences, platform
sharing or other arrangements with third parties;
a acquisitions and divestments of Group businesses and assets and
thepursuit of new, unexpected strategic opportunities;
a the Group’s ability to integrate acquired business or assets;
a the extent of any future write-downs or impairment charges
on the Group’s assets, or restructuring charges incurred as a result
of an acquisition or disposition;
a developments in the Group’s nancial condition, earnings and
distributable funds and other factors that the Board takes into
account in determining the level of dividends;
a the Group’s ability to satisfy working capital requirements;
a changes in foreign exchange rates;
a changes in the regulatory framework in which the Group operates;
a the impact of legal or other proceedings against the Group or other
companies in the communications industry; and
a changes in statutory tax rates and prot mix.
A review of the reasons why actual results and developments may differ
materially from the expectations disclosed orimplied within forward-
looking statements can be found under “Risk management” on pages
22 to 28 of this document. All subsequent written or oral forward-
looking statements attributable to the Company or any member of the
Group or any persons acting on their behalf are expressly qualied
in their entirety bythe factors referred to above. No assurances can
be given that the forward-looking statements in this document will
be realised. Subject tocompliance with applicable law and regulations,
Vodafone does notintend to update these forward-looking statements
and does not undertake any obligation to do so.