AMPER, SA and Subsidiaries Consolidated Financial Statements for ...

D.1 Description of the risk policy adopted by the company and/or your group, describing and assessing the
risks covered by the system, together with a justification for the adjustment of such systems to the profile of
each kind of risk.
Amper has a map of Corporate Risks configured as a tool to facilitate the identification, management and
monitoring of all the risks with significant impact on the objectives of the entity. The monitoring and updating of the
Map of Corporate Risks is the responsibility of the Business unit and Internal Auditing. The Audit and Control
Committee supervises and verifies this information and also ensures the alignment of the risks addressed by the
Company with its strategy.
During the 2011 the Board of Directors of the Amper Group approved a new framework policy that serves as the
basis for the internal control system for financial information (ISCFI), bringing it into line with new legal
requirements. Likewise, during the 2011 fiscal year the ICSFI was formally implemented.
The main risk categories included are the following:
- Risks related to processes
These risks are managed at Business Unit level and monitored in a centralised fashion by the Management Control
Department and verified by the Internal Audit Department.
The processes of an economic-financial nature are carried out in a centralised fashion under corporate criteria, and
the Annual Accounts of the Company, the Consolidated Accounts and those corresponding to each company
participated in with sufficient weight are verified by external auditors.
During the current year, some management processes have been reviewed according to the situation of the
market.
- Financial risks
The risks of a financial nature are managed through the Financial Risk Committee, and this Committee carries out a
detailed monitoring of the exposure to risk of the exchange rate and/or the interest rate for each Business Unit and
proposes policies and decisions on cover to the Audit and Control Committee.
As regards exposure to the credit risks, Amper has a solvent client portfolio, at both domestic and international level
and this is of little significance concerning the risk of credit.
- Technological risks
Given the activities of the Business Units of Amper, the protection of its technology and the developments is a
primary milestone for the maintenance of its competitive advantage. To this end, Amper has certain criteria and
policies for development, contracting of staff and subcontracting activities which guarantee this protection.
- Human Capital Risks
As was mentioned regarding technology, Amper is aware of the need to have the best human capital in order to
carry out its activities and maintain its competitive advantage, thus, all the companies of the group have a
remuneration policy of a variable nature linked to professional development and the achievement of personal
objectives, and so it identifies and rewards its best professionals.
Also,