Examples of JAB Group in a sentence
None of these is expected to have a significant effect on the consolidated financial statements of JAB Group.
JAB Group uses the following hierarchy for determining and disclosing the fair value of financial instruments by valuation technique: Financial instruments in Level 1 The fair value of financial instruments traded in active markets is based on quoted market prices at the reporting date.
JAB Group has exposure to the following risks from its use of financial instruments: - credit risk;- liquidity risk;- market risk.
JAB Group, through its management stand- ards and procedures, aims to develop a disciplined and constructive control environment in which all employees understand their roles and obligations.
Consequently, the consolidated financial statements of JAB Group incorporate the financial statements of the Company and its intermediate holding companies controlled by the Company, but not its subsidiaries qualified as investments.
When JAB Group has less than a majority of the voting or similar rights of an entity, JAB Group considers all relevant facts and circumstances in assessing whether it has power over an entity, including the contractual arrangement with the other vote holders of the entity, rights arising from other contractual arrangements and JAB Group’s voting rights and potential voting rights.
JAB Group enters into interest swap agreements to manage its interest rate risk exposures, includ- ing exposures from potential transactions.
In May 2017, JAB Group issued long-term notes in the aggregate principal amount of €750.0m (DE000A19HCW0) and €750.0m (DE000A19HCX8).
Credit risk is the risk of financial loss to JAB Group if a counterparty to a financial instrument fails to meet its contractual obligations and arises principally from JAB Group's investment in debt secu- rities, loans receivable, other receivables, derivatives and cash and cash equivalents.
The principal or the most advantageous market must be accessible for JAB Group.