The debt burden remains the biggest problem, with management admitting that it is one of the biggest factors in determining whether Steinhoff is indeed a going concern. Two other challenges that could kill Steinhoff as a going concern are ongoing litigation and uncertainties about its tax liability in different countries. Litigation against Steinhoff includes possible class actions for damages suffered by groups of investors in Germany, the Netherlands and SA, as well as two big legal cases challenging the validity of acquisitions. This includes the well-reported legal case by the previous owners of Tekkie Town against Pepkor, in which an adverse finding against Pepkor will have a big effect. However, Du Preez creates the impression that these challenges are the last that must be resolved and that all write-downs and adjustments to Steinhoff's figures have been done. "We do not anticipate any further impact on financial statements," says Du Preez.