Nota 26.3 Financial risk management
The Group has exposure to the credit risk, liquidity risk and market risk (related mainly to the foreign exchange and interest rate risk). These risks arise in normal business activities of the Grupa Azoty. The objective of the Group’s financial risk management is to reduce the impact of market factors such as currency exchange rates and interest rates on the basic financial parameters (result for the period, cash flows) previously approved in the Grupa Azoty budgets by using natural hedging and derivatives.
