7 unchanged sentences
Our credit risk related to these agreements is considered low because the agreements are with creditworthy financial institutions.
−Removed: Cash settlements under these agreements are made on a net basis.
+Added: Cash settlements under
+Added: these agreements are made on a net basis.
These derivatives have been recognized in the financial statements at their respective fair values.
2 unchanged sentences
Without derivatives, interest rate changes would result in gains or losses in the market value of our fixed rate debt portfolio due to differences in market interest rates and the rates at the inception of the debt agreements.
−Removed: Based on our indebtedness and the effectiveness of our interest rate cap agreements at March 31, 2026, we do not expect changes in interest rates to have a material effect on our net earnings or cash flows in 2026.
+Added: Based on our indebtedness and the effectiveness of our interest rate cap agreements at June 30, 2026, we do not expect changes in interest rates to have a material effect on our net earnings or cash flows in 2026.
For more information regarding our interest rate swap and cap agreements, please refer to Note 5 .
1 unchanged sentence
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.