Opportunity and risk report

As a group with a global footprint, Linde operates in a dynamic environment in which new market opportunities are constantly emerging. These business opportunities, which were described in detail in the 2015 Financial Report (see sections Opportunity management and Opportunity areas), have not changed significantly in the nine months to 30 September 2016.

The risk situation for Linde as described in the the 2015 Financial Report (see sections Risk management and Risk areas) has also not changed significantly in the first nine months of 2016. No risks were identified which might, individually or in total, have an adverse impact on the viability of The Linde Group as a going concern.

Uncertainty about future global economic trends continues, making it difficult to arrive at an accurate assessment of the future net assets, financial position and results of operations of The Linde Group. If there were to be a significant change in circumstances, risks which are currently unknown or deemed to be immaterial might gain in importance and might possibly have an adverse impact on business operations.