11 unchanged sentences
Deferred taxes have not been provided on foreign currency translation adjustments as any outside stock basis differences would be realized in a tax-free manner.
−Removed: When currencies other than the functional currency are to be paid or received, the resulting transaction gain or loss associated with changes in the applicable foreign currency exchange rate is recognized in the consolidated statements of operations as a component of “Other income (expense), net.” Foreign currency gains or losses from the remeasurement of monetary assets and liabilities as well as unsettled foreign currency transactions, including intercompany transactions that are not of a long-term investment nature, are also recognized as a component of “Other income (expense), net.” For the years ended December 31, 2024, we recorded foreign currency transaction losses of $1.5 million, primarily related to U.S.
−Removed: dollar denominated intercompany debt in our U.K.
+Added: When currencies other than the functional currency are to be paid or received, the resulting transaction gain or loss associated with changes in the applicable foreign currency exchange rate is recognized in the consolidated statements of operations as a component of “Other income (expense), net.” Foreign currency gains or losses from the remeasurement of monetary assets and liabilities as well as unsettled foreign currency transactions, including intercompany transactions that are not of a long-term investment nature, are also recognized as a component of “Other income (expense), net.” For the year ended December 31, 2025, we recorded net foreign currency losses of $1.7 million, primarily related to our international subsidiaries’ foreign currency positions.
+Added: For the year ended December 31, 2024, we recorded foreign currency transaction losses of $1.5 million, primarily related to U.S.
+Added: dollar denominated debt in our U.K.
and Brazil entities.
1 unchanged sentence
dollar denominated intercompany debt in our U.K.
−Removed: For the years ended December 31, 2022, we recorded foreign currency transaction losses of $23.4 million, primarily related to U.S.
−Removed: dollar denominated intercompany debt in our U.K.
Interest Rate Risk.
6 unchanged sentences
Prices are volatile and unpredictable and are dependent on many factors beyond our control.
−Removed: Risk Factors for a list of factors affecting oil and natural gas prices.
+Added: Risk Factors for a list of factors affecting oil and gas prices.
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.