Principles and objectives of financial management
Financial management at Daimler consists of capital structure management, cash and liquidity management, pension asset management, market price risk management (foreign exchange rates, interest rates, commodity prices) and credit and financial country risk management.
Worldwide financial management is performed within the scope of legal requirements for all Group entities by Treasury. Financial management operates within a framework of guidelines, limits and benchmarks, and is organizationally separated from other financial functions such as settlement, financial controlling, reporting and accounting.
Detailed explanations on the individual elements of the financial management at Daimler from the Annual Report 2008, pp. 66 can be found here.
The risk management of financial risk is described in the Annual Report 2008, pp. 199 in note 30: Risk Management.
