• Pages
  • Editions
01 Annual Report Summery 2022
02 Index
03 Foreword
04 Company profile
05 ROTO Strategy House
06 Purpose
07 Core values
08 Core values 2
09 Business Units
10 De Boer Staal
11 Staco
12 Prestia
13 Rotocoat
14 Rezinal
15 Core themes
16 Ecosystem
17 Highlights
18 Highlights-2
19 ESG key figures
20 Environmental
21 Safety and wellbeing
22 Financial key figures
23 Financial key figures 2
24 Safety
25 Safety 2
26 Safety 3
27 Safety 4
28 People
29 People 2
30 People 3
31 People 4
32 Sustainability
33 Sustainability 2
34 Sustainability 3
35 Sustainability 4
36 Sustainability 5
37 Marketing
38 Marketing 2
39 Sales
40 Sales 2
41 Sales 3
42 Sales 4
43 Sales 5
44 Digitalisation
45 Digitalisation 2
46 Innovation
47 Innovation 2
48 Innovation 3
49 Innovation 4
50 Finance
51 Finance 2
52 Finance 3
53 Finance 4
54 Risk management
55 Risk management 2
56 Outlook to the future
57 Outlook to the future 2
58 Report of the Supervisory Board
59 Report of the Supervisory 2
60 Summary consolidated financial statements
61 Summary consolidated financial statements 2
62 ROTO businesses
63 End page

Risk management

􀁷 Markets

Sales and operational

Shipbuilding industry struggling with internationalising competition. Fierce competition in other industry markets.

􀁕 People

People and operational

Aging Family members. Scarcity and availability of capable, skilled and diverse (future) Family members. Education and development. Ambition for ISO 45001 certification for all Business Units. Promoting diversity and inclusiveness. Attracting new Family members with complementary talents and skills.

􀁷 Sustainability

Strategic, operational and people

Roadmap to Paris 2030: accelerating transition to sustainable technologies and energy sources, availability of permits, best available technology. Lacking infrastructure. In process for enhanced C2C and UN SDG certification. Use of certified green energy. Aiming to minimise potential effects of future carbon taxation.

􀁹 Innovation and digitalisation

Strategic, operational and people

Speed and size of innovation and digitalisation. Investments in new and innovative projects. Innovation meetings to collaborate on new ideas or solutions. Continuous investment in digitalisation.

􀁕 Debtors

Operational and financial

Diversified customer portfolio. Insurance of credit risks, supplemented by a strict internal debtor policy.

􀁹 Liquidity, cash flow and interest rate

Financial

Increased commodity prices lead to increased working capital. Liquidity monitored continuously. The interest rate risk is partly hedged by financial instruments.

􀁕 Exchange rate

Strategic and operational

Risk of exchange rate volatility. Exposure in the upstream material supply and in our operations in Poland and the United Kingdom. Future transactions in Poland partly hedged.

The monthly reporting based on the secured reporting format, including the continuous focus on the estimated year-end results, has contributed to the risk management structure as an integral part of our internal control and monitoring procedures.

The risk-averse approach and the hedging or mitigation of the above risks ensured that the impact of undesirable changes in commodity and exchange markets were manageable for ROTO in 2022. The continuation of this policy ensures that ROTO is adequately protected against these types of risks.