5 unchanged sentences
Since the majority of the Company’s
−Removed: operations are based in the Asia Pacific region where the Pakistan Rupee is continuously losing its value against the US Dollar
−Removed: and we don’t have any imports;
+Added: operations are based in the Asia Pacific region where the Pakistan Rupee is continuously losing its value against the US Dollar and we
+Added: don’t have any imports;
therefore, we believe it is counter-productive to hedge this exposure.
−Removed: The devaluation of
−Removed: the Pakistan Rupee results in a foreign exchange gain to the Company.
+Added: The devaluation of the Pakistan
+Added: Rupee results in a foreign exchange gain to the Company.
exposure to foreign currency transaction gains and losses is the result of certain net receivables due from our foreign subsidiaries
−Removed: and customers being denominated in currencies other than the functional currency of the subsidiary, primarily the Euro, Yuan,
−Removed: Baht and the Pakistan Rupee.
+Added: and customers being denominated in currencies other than the functional currency of the subsidiary, primarily the Euro, Yuan, Baht and
+Added: the Pakistan Rupee.
Our foreign subsidiaries conduct their businesses in local currency.
−Removed: Since the majority of the Company’s
−Removed: operations are based in the Asia Pacific region where the Pakistan Rupee is continuously losing its value against the US Dollar
−Removed: and we don’t have any imports;
+Added: Since the majority of the Company’s operations
+Added: are based in the Asia Pacific region where the Pakistan Rupee is continuously losing its value against the US Dollar and we don’t
+Added: have any imports;
therefore, we believe it is counter-productive to hedge this exposure.
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.