Page 125 - SAR141018_Forterra AR 2013

FORTERRA
ANNUAL REPORT 2013
NOTES TO THE
FINANCIAL STATEMENTS
123
28 NET ASSET VALUE PER UNIT (CONTINUED)
(b) Diluted net asset value per unit (Continued)
Group
2013 2012
Number of
units
Number of
units
Number of units in issue at year end 253,794,717 253,619,717
Number of potential units to be issued for unit options 2,746,774 2,628,571
Number of potential units to be issued for convertible debts 28,428,571 30,460,953
Number of units in issue and potential units (diluted) at year end 284,970,062 286,709,241
29 FINANCIAL RISK MANAGEMENT
Overview
The Group has exposure to the following risks in the normal course of business:
• credit risk
• liquidity risk
• market risk
This note presents information about the Group’s exposure to each of the above risks, and the
Group’s objectives, policies and processes for measuring and managing risks. Further quantitative
disclosures are included throughout these financial statements.
Risk management framework
The Trustee-Manager has overall responsibility for the establishment and oversight of the Group’s
risk management framework.
Risk management is integral to the whole business of the Group. The Group has a system of
controls in place to create an acceptable balance between the cost of risks occurring and the cost
of managing the risks. The Trustee-Manager continually monitors the Group’s risk management
process to ensure that an appropriate balance between risk and control is achieved. Risk
management policies and systems are reviewed regularly to reflect changes in market conditions
and the Group’s activities.