17 unchanged sentences
dollar functional currency operations’ assets and liabilities (instead of the November 30, 2025 U.S.
−Removed: dollar exchange rates), our total assets would have been higher by $468 million and our total liabilities would have been higher by $408 million.
+Added: dollar exchange rates), our total assets would have been lower by $1.4 billion and our total liabilities would have been higher by $1.3 billion.
Newbuild Currency Risks
5 unchanged sentences
Interest Rate Risks
−Removed: The composition of our debt, interest rate swaps and cross currency swaps was as follows:
+Added: The composition of our debt was as follows:
November 30, 2025
3 unchanged sentences
EUR floating rate
−Removed: At November 30, 2024, we had an interest rate swap that effectively changed $11 million of EURIBOR-based floating rate euro debt to fixed rate euro debt.
−Removed: We also had interest rate swap agreements which effectively changed $1.0 billion at November 30, 2024 of SOFR-based floating rate USD debt to fixed rate USD debt.
−Removed: Based on a 100 basis point change in the market interest rates, our annual interest expense on floating rate debt, including the effect of our interest rate swaps, will change by approximately $48 million.
+Added: Based on a 100 basis point change in the market interest rates, our annual interest expense on floating rate debt would change by approximately $42 million.
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.