1 unchanged sentence
principal market risks are our exposure to changes in foreign currency exchange rates.
−Removed: the Company’s refinance in May 2021, the external borrowings of £235.0 million ($324.7 million) are provided at a
−Removed: Therefore movements in rates such as LIBOR do not impact on the current borrowings and the only fluctuation that is expected
−Removed: to be reported will be that solely caused by movements in the exchange rates between the Company’s functional currency and its
−Removed: reporting currency.
+Added: the Company’s refinance in May 2021, the external borrowings of £235.0 million ($324.7 million) are provided at a fixed rate.
+Added: Therefore movements in rates such as LIBOR do not impact on the current borrowings and the only fluctuation that is expected to be reported
+Added: will be that solely caused by movements in the exchange rates between the Company’s functional currency and its reporting currency.
Currency Exchange Rate Risk
9 unchanged sentences
A hypothetical 10% adverse change in the value of
−Removed: the Euro and the US Dollar relative to GBP as of June 30, 2021 would result in translation adjustments of approximately $0.7 million
+Added: the Euro and the US Dollar relative to GBP as of September 30, 2021, would result in translation adjustments of approximately $1.0 million
and $0.9 million, respectively, recorded in other comprehensive loss.
1 unchanged sentence
Retained losses earned in Euros and in US Dollars in the
−Removed: six months ended June 30, 2021 were €1.3 million and $20.4 million, respectively.
−Removed: A hypothetical 10% adverse change in the value
−Removed: of the Euro and the US Dollar relative to GBP as of June 30, 2021 would result in translation adjustments of approximately $0.1million
−Removed: and $1.9 million, respectively, recorded in trading operations.
+Added: nine months ended September 30, 2021, were €0.9 million and $6.6 million, respectively.
+Added: A hypothetical 10% adverse change in the
+Added: value of the Euro and the US Dollar relative to GBP as of September 30, 2021, would result in translation adjustments of approximately
+Added: $0.1million and $0.6 million, respectively, recorded in trading operations.
majority of the Company’s trading is in GBP, the functional currency, although the reporting currency of the Company is the US
5 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.