5 unchanged sentences
Foreign exchange rates
−Removed: Our business is generally conducted in USD, as is the business of the tobacco industry as a whole.
+Added: Our sales transactions are generally conducted in USD, as is the business of the tobacco industry.
However, local country operating costs, including the purchasing and processing costs for tobaccos, are subject to the effects of exchange fluctuations of the local currency against the USD.
3 unchanged sentences
In our cost of goods and services sold, we have recognized exchange losses of $6.0 million, $3.7 million, and $5.2 million for the years ended March 31, 2025, 2024, and 2023, respectively.
−Removed: We recognized exchange (losses) and gains of $(0.1) million, $(1.8) million, and $2.6 million related to tax balances in our tax expense for the years ended March 31, 2024, 2023, and 2022, respectively.
−Removed: In addition, foreign currency fluctuations in the Euro and (U.K.)
−Removed: Sterling can significantly impact the currency translation adjustment component of accumulated other comprehensive income.
−Removed: We recognized gains (losses) of $0.7 million, $1.7 million, and $(4.2) million for the years ended March 31, 2024, 2023, and 2022, respectively, as a result of fluctuations in these currencies.
+Added: We recognized exchange losses of $1.1 million, $0.1 million, and $1.8 million related to tax balances in our tax expense for the years ended March 31, 2025, 2024, and 2023, respectively.
+Added: In addition, foreign currency fluctuations in the Euro and Pound Sterling can significantly impact the currency translation adjustment component of accumulated other comprehensive income.
+Added: We recognized (losses) gains of $(0.4) million, $0.7 million, and $1.7 million for the years ended March 31, 2025, 2024, and 2023, 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.
6 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.