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These excerpts taken from the ARM 10-K filed Jun 30, 2009. Interest rate risk
The Company's net income is subject to significant variations arising from financing and loans contracted at floating interest rates.
The Company does not have derivatives to hedge interest rate variations. Interest rate risk
The Company's net income is subject to significant variations arising from financing and loans contracted at floating interest rates.
The Company does not have derivatives to hedge interest rate variations. Interest rate risk The Company’s net income is subject to significant variations arising from financing and loans contracted at floating interest rates. The Company does not have derivatives to hedge interest rate variations. In accordance with its financial policies, the Company has not conducted financial instrument transactions for speculative purposes. Interest rate risk The Company’s net income is subject to significant variations arising from financing and loans contracted at floating interest rates. The Company does not have derivatives to hedge interest rate variations. In accordance with its financial policies, the Company has not conducted financial instrument transactions for speculative purposes. | EXCERPTS ON THIS PAGE:
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