BTH » Topics » Investments.

These excerpts taken from the BTH 10-K filed Apr 15, 2008.

Investments

        The Company makes investments from time to time in the ordinary course of its business that may include selected assets and product lines, long-term investments and/or joint ventures that either complement or expand its existing business. The equity method of accounting is used to account for investments in common stock in which the Company has the ability to exercise significant influence over the operating and financial policies of the investee.

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BLYTH, INC. AND SUBSIDIARIES

Notes to Consolidated Financial Statements (Continued)

Note 1. Summary of Significant Accounting Policies (Continued)

Investments



        The Company makes investments from time to time in the ordinary course of its business that may include selected assets and product lines, long-term investments
and/or joint ventures that either complement or expand its existing business. The equity method of accounting is used to account for investments in common stock in which the Company has the ability to
exercise significant influence over the operating and financial policies of the investee.



38








BLYTH, INC. AND SUBSIDIARIES



Notes to Consolidated Financial Statements (Continued)



Note 1. Summary of Significant Accounting Policies (Continued)



This excerpt taken from the BTH 10-K filed Apr 13, 2007.

Investments

The Company makes investments from time to time in the ordinary course of its business that may include selected assets and product lines, long-term investments and/or joint ventures that either complement or expand its existing business. The equity method of accounting is used to account for investments in common stock in which the Company has the ability to exercise significant influence over the operating and financial policies of the investee.

This excerpt taken from the BTH 10-K filed Apr 12, 2006.
Investments

The Company makes investments from time to time in the ordinary course of its business that may include selected assets and product lines, long-term investments and/or joint ventures that either complement or expand its existing business. The equity method of accounting is used to account for investments in common stock in which the Company has the ability to exercise significant influence over the operating and financial policies of the investee.

38




BLYTH, INC. AND SUBSIDIARIES
Notes to Consolidated Financial Statements (Continued)

Note 1.   Summary of Significant Accounting Policies (Continued)

This excerpt taken from the BTH 8-K filed Jun 6, 2005.
  Investments.  The Company will not, and will not permit any of its Subsidiaries to, make directly or indirectly any Investment in any Person, including any joint venture, except:

 

(a)                                  the Company and its Subsidiaries may continue to own the Investments owned by them as of the date hereof and described in Schedule 5.11;

 

(b)                                 the Company and its Subsidiaries may make and own Investments in any Person which is, or immediately after giving effect to such Investment will become, a Subsidiary of the Company;

 

(c)                                  the Company and its Subsidiaries may make and own Investments in Cash Equivalents or in money market funds that comply with the criteria set forth in Securities and Exchange Commission Rule 2a-7 under the Investment Company Act of 1940; and

 

(d)                                 the Company and its Subsidiaries may make and own Investments not described in Section 5.11(a) through Section 5.11(c) above, provided that the aggregate amount of all such Investments does not exceed 10% of Consolidated Assets; provided, that, in the event that an Investment is not initially permitted under Section 5.11(b) and is permitted under this Section 5.11(d), and subsequently (whether due to subsequent Investment by the Company or its Subsidiaries or otherwise) the Person in whom the Investment is made becomes a Subsidiary of the Company, then the full amount of the Investment in such Person shall qualify under Section 5.11(b).

 

Section 5.12.

This excerpt taken from the BTH 10-K filed Apr 15, 2005.

Investments

 

The Company makes investments from time to time in the ordinary course of its business that may include selected assets and product lines, long-term investments and/or joint ventures that either complement or expand its existing business.  The equity method of accounting is used to account for investments in common stock in which the Company has the ability to exercise significant influence over the operating and financial policies of the investee.

 

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