Finance Director's review Contingent liabilities   < BACK   NEXT >
 
 
Contingent liabilities
Note 27 to the accounts describes the Group's contingent liabilities under sales financing arrangements. These have increased to £184 million (1999 £118 million), reflecting the growth of the Group's civil aerospace business and the mix of products sold. The directors regard the possibility that there will be any significant loss arising from these contingencies as remote.