2 unchanged sentences
We have reviewed the consolidated financial statements of this institution and believe it has sufficient assets and liquidity to conduct its operations in the ordinary course of business with little or no credit risk to us.
−Removed: Financial instruments that potentially subject us to concentrations of credit risk principally consist of cash equivalents.
−Removed: We limit our credit risk associated with cash equivalents by placing investments in highly-rated money market funds.
−Removed: We also intend to invest a portion of our cash in various diversified fixed- and floating-rate securities consisting of cash equivalents, marketable debt securities, debt funds and corporate bonds related to our investment portfolio that are subject to interest rate risk.
+Added: Financial instruments that potentially subject us to concentrations of credit risk principally consist of cash equivalents and marketable securities including corporate bonds, commercial paper certificates of deposit, U.S.
+Added: government treasuries and asset backed securities, all of which are subject to interest rate risk.
+Added: We limit our credit risk by investing in highly-rated securities.
Changes in the general level of interest rates can affect the fair value of our investment portfolio.
1 unchanged sentence
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.