Examples of Sky Group in a sentence
The Strategic Report details the financial position of the Company, as well as the Company's objectives and policies, and assessment of risk.Given the integrated nature of the Sky Group's financial planning and treasury functions, the impact of COVID-19 on the Company's operations and funding requirements has been assessed at the Sky Group level.
Following evaluation of those market risks, the Sky Group selectively enters into derivative financial instruments to manage these exposures.
The Directors expect that the Sky Group businesses will continue to generate adequate cash flow from operating activities and believe that these cash flows, together with the Company's assets and available borrowings under its existing credit facilities, including the £6 billion revolving credit facility with Comcast, will be sufficient for the Company to meet its current and long-term liquidity and capital requirements.The Company is in a net current liability position.
The Sky Group Treasury function manages liquidity, foreign exchange and interest rate risks.
The Sky Group retails TV services to commercial customers and operates adjacent businesses which include wholesaling Sky channels to other providers and selling advertising on the Sky Group’s own and partner channels.
The directors believe the settlement of these loans is not likely to occur in the foreseeable future as they are, in substance, a part of the Group’s net investment in associates as working capital of China Sky Group.
In the UK and Ireland, the Sky Group also offers customers broadband and telephony products, including internet via DSL, fibre and WiFi, and has recently established a mobile offering.
The Sky Group also sells both Sky Group originated television programmes and third party television programmes internationally through ‘Sky Vision’.
Accordingly, the operation of Tempus Sky Group was classified as discontinued operation.
The Sky Group Treasury function manages liquidity, foreign exchange, interest rate and credit risks.