10 unchanged sentences
Fluctuations in the value of foreign currencies can significantly affect our operating results.
−Removed: In our cost of goods and services sold, we have recognized exchange (losses) gains of $(2.7) million, $(1.8) million, $1.4 million, and $(4.7) million for the year ended March 31, 2022, the seven months ended March 31, 2021, the five months ended August 31, 2020, and the year ended March 31, 2020, respectively.
−Removed: We recognized exchange gains (losses) of $2.6 million, $(0.1) million, $(0.1) million, and $(1.2) million related to tax balances in our tax expense for the year ended March 31, 2022, the seven months ended March 31, 2021, the five months ended August 31, 2020, and the year ended March 31, 2020, respectively.
−Removed: In addition, foreign currency fluctuations in the Euro and (U.K.) Sterling can
−Removed: significantly impact the currency translation adjustment component of accumulated other comprehensive income (loss).
−Removed: We recognized (losses) gains of $(4.2) million, $(4.6) million, $4.4 million, and $(0.5) million for the year ended March 31, 2022, the seven months ended March 31, 2021, the five months ended August 31, 2020, and the year ended March 31, 2020, respectively, as a result of fluctuations in these currencies.
+Added: In our cost of goods and services sold, we have recognized exchange losses of $5.2 million and $2.7 million for the years ended March 31, 2023 and 2022, respectively.
+Added: We recognized exchange (losses) gains of $(1.8) million and $2.6 million related to tax balances in our tax expense for the years ended March 31, 2023 and 2022, respectively.
+Added: In addition, foreign currency fluctuations in the Euro and (U.K.) Sterling can significantly impact the currency translation adjustment component of accumulated other comprehensive income.
+Added: We recognized gains (losses) of $1.7 million and $(4.2) million for the years ended March 31, 2023 and 2022, respectively, as a result of fluctuations in these currencies.
Our consolidated SG&A expenses denominated in foreign currencies are subject to translation risks from currency exchange fluctuations.
−Removed: These foreign denominated expenses accounted for approximately 23.8% or $33.8 million of our total SG&A expenses for the year ended March 31, 2022.
+Added: These foreign denominated expenses accounted for approximately $35.2 million, or 23.2%, of our total SG&A expenses for the year ended March 31, 2023.
A 10% change in the value of the USD relative to those currencies would have caused the reported value of those expenses to increase or decrease by approximately $3.5 million.
1 unchanged sentence
We manage our exposure to interest rate risk through the proportion of fixed rate and variable rate debt in our total debt portfolio.
−Removed: A 1% change in variable interest rates would have increased or decreased our reported interest cost for the year ended March 31, 2022 by approximately $8.1 million.
+Added: A 1% change in variable interest rates would have increased or decreased our reported interest cost for the year ended March 31, 2023 by approximatel y $8.6 million.
A substantial portion of our borrowings are denominated in USD and bear interest at commonly quoted rates.
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.