9 unchanged sentences
In addition, to the extent practicable, we attempt to reduce our exposure to foreign currency exchange fluctuations by converting cash and cash equivalents into the functional currency of the subsidiary which holds the cash.
−Removed: We may also enter into derivative contracts to mitigate our exposure to foreign currency fluctuations when we have a significant purchase obligation or significant receivable denominated in a currency that differs from the transacting subsidiaries’ functional currencies.
+Added: We may also enter into derivative contracts to mitigate our exposure to foreign currency fluctuations when we have a significant purchase obligation or significant receivable denominated in a currency that differs from the functional currency of the transacting subsidiary.
We do not enter into derivatives for speculative purposes.
1 unchanged sentence
Our primary net foreign currency exposures as of October 31, 2020, included the South Korean won, the Japanese yen, the New Taiwan dollar, the Chinese renminbi, the Singapore dollar, the British pound sterling, and the euro.
−Removed: As of October 31, 2019, a 10% adverse movement in the value of these currencies against the functional currencies of our subsidiaries would have resulted in a net unrealized pre-tax loss of $33.1 million, which represents an increase of $19.9 million from the same movement as of October 31, 2018.
−Removed: The increase in foreign currency rate change risk is primarily the result of increased exposures of the Chinese renminbi and the South Korean won against the U.S.
+Added: As of October 31, 2020, a 10% adverse movement in the value of these currencies against the functional currencies of our subsidiaries would have resulted in a net unrealized pre-tax loss of $31.9 million, which represents a decrease of $1.2 million from the same movement as of October 31, 2019.
+Added: The decrease in foreign currency rate change risk is primarily the result of decreased net exposure of the Chinese renminbi against the U.S.
We do not believe that a 10% change in the exchange rates of other non-U.S.
3 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.