26 unchanged sentences
The Company previously entered into interest rate swap contracts to reduce interest rate risk on its core debt.
−Removed: As at December 31, 2019, there were no interest rate swaps in place with all swaps having been settled during the year.
+Added: As at December 31, 2020 and December 31, 2019, there were no interest rate swaps in place with all swaps having been settled during the year.
As at December 31, 2018, there were interest rate swaps with a notional value of $132.5 million in place.
30 unchanged sentences
The trading of our Fuel Specialties, Performance Chemicals and Oilfield Services segments is inherently naturally hedged and accordingly changes in exchange rates would not be material to our earnings or financial position.
−Removed: The cost base of our Octane Additives reporting segment and corporate costs, however, are largely denominated in British pound sterling.
+Added: The cost base of our corporate costs, however, are largely denominated in British pound sterling.
A 5% strengthening in the U.S.
13 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.