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These excerpts taken from the AKS 10-K filed Feb 26, 2008. Energy and Raw Material Hedging The Company enters into derivative transactions in the ordinary course of business to hedge the cost of natural gas and certain raw materials. At December 31, 2007, the consolidated balance sheets included net current assets of $0.6 for the fair value of these derivatives. Changes in the prices paid for the related commodities are expected to offset the effect on cash of settling these amounts. Energy and Raw Material Hedging
There
40 Table of ContentsThis excerpt taken from the AKS 10-K filed Feb 27, 2007. Energy and Raw Material Hedging The Company enters into derivative transactions in the ordinary course of business to hedge the cost of natural gas and certain raw materials. At December 31, 2006, the consolidated balance sheets included net current assets of $9.5 for the fair value of these derivatives. Changes in the prices paid for the related commodities are expected to offset the effect on cash of settling these amounts. This excerpt taken from the AKS 10-K filed Mar 2, 2006. Energy and Raw Material Hedging
The Company enters into derivative transactions in the ordinary course of business to hedge the cost of natural gas and certain raw materials. At December 31, 2005, the consolidated balance sheets included current assets of $2.4 for the fair value of these derivatives. Changes in the prices paid for the related commodities are expected to offset the effect on cash of settling these amounts.
This excerpt taken from the AKS 10-K filed Mar 8, 2005. Energy and Raw Material Hedging
The Company enters into derivative transactions in the ordinary course of business to hedge the cost of natural gas and certain raw materials. At December 31, 2004, current and non-current assets included $6.3 and $0.4, respectively, for the fair value of these derivatives. Changes in the prices paid for the related commodities are expected to offset the effect on cash of settling these amounts.
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