4 unchanged sentences
“Derivatives and Fair Value Measurements” to the accompanying unaudited condensed consolidated financial statements.
−Removed: As of March 31, 2021, the Company had currency options outstanding with an aggregate notional amount of $575.0 million Australian dollars to hedge currency risk associated with anticipated Australian dollar expenditures over the nine-month period ending December 31, 2021.
+Added: As of June 30, 2021, the Company had currency options outstanding with an aggregate notional amount of $580.0 million Australian dollars to hedge currency risk associated with anticipated Australian dollar expenditures over the nine-month period ending March 31, 2022.
Assuming the Company had no foreign currency hedging instruments in place, its exposure in operating costs and expenses due to a $0.10 change in the Australian dollar/U.S.
1 unchanged sentence
Based upon the Australian dollar/U.S.
−Removed: dollar exchange rate at March 31, 2021, the currency option contracts outstanding at that date would limit the Company’s net exposure to a $0.10 unfavorable change in the exchange rate to approximately $80 million for the next twelve months.
+Added: dollar exchange rate at June 30, 2021, the currency option contracts outstanding at that date would limit the Company’s net exposure to a $0.10 unfavorable change in the exchange rate to approximately $104 million for the next twelve months.
Other Non-Coal Trading Activities — Diesel Fuel Price Risk
1 unchanged sentence
Previously, the Company managed price risk of the diesel fuel used in its mining activities through the use of derivatives, primarily swaps.
−Removed: As of March 31, 2021, the Company did not have any diesel fuel derivative instruments in place.
+Added: As of June 30, 2021, the Company did not have any diesel fuel derivative instruments in place.
The Company also manages the price risk of diesel fuel through the use of cost pass-through contacts with certain customers.
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.