Barclays 2005 Annual Report Download - page 51
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Barclays PLC
Annual Report 2005 49
Impact of External Factors on the Group and Peer Group
The Group’s primary performance goal is to achieve top quartile TSR
performance for 2004 to 2007 (inclusive) against a group of peer
financial institutions. This goal assumes that external factors will
impact all peer group entities similarly. The Group’s ability to achieve
the goal will be significantly impacted if the Group is disproportionately
impacted by negative external factors. Even if the Group performs well,
if others perform better or the market believes others have performed
better, we may not achieve our goal.
Barclays devotes considerable resources and expertise to managing the
risks to which it is exposed. Our risk management is described in the
following pages (pages 50 to 77). Please also refer to the cautionary
statement concerning forward-looking statements on the inside of the
front cover in conjunction with this section.
2.7