Polaris 2008 Annual Report Download - page 31

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Please find page 31 of the 2008 Polaris annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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HSBC will continue to provide revolving retail credit to qualified customers through the end of the contract term on
October 31, 2010. In January 2009, a wholly-owned subsidiary of Polaris entered into a multi-year contract with
Sheffield Financial (“Sheffield”) pursuant to which Sheffield agreed to make available closed-end installment
consumer and commercial credit to customers of Polaris dealers for Polaris products.
The following additional factors that could have a negative effect on the future financial performance of
Polaris and its common stock are discussed in the section entitled “Item 7 Management’s Discussion and
Analysis of Financial Condition and Results of Operations” of this report:
• Higher dealer and factory inventories/lower shipments
• Higher commodity and transportation costs, particularly energy-related costs resulting from natural disasters
• Higher promotional incentives and floor plan financing costs
• Increases in the cost and availability of certain raw materials, including aluminum, steel and plastic resins
• Effects from the relationship with KTM related to the engine supply agreement
Item 1B. Unresolved Staff Comments
Not Applicable.
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