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Financial position and financial management
Going concern
Having made enquiries, the Directors consider that the Company and its subsidiary undertakings have adequate resources to continue in business for the foreseeable future and that it is therefore appropriate to adopt the going concern basis in preparing the consolidated and individual financial statements of the Company.
Our most significant commitment is the expected payment of $7.3 billion (£3.7 billion) to acquire KeySpan, together with the assumption of $4.5 billion (£2.3 billion) of debt. This acquisition is subject to regulatory approval. We are satisfied that we have adequate financial resources to complete this acquisition.