BSX » Topics » Concentrations of Credit Risk

These excerpts taken from the BSX 10-K filed Feb 28, 2008.
Concentrations of Credit Risk

Financial instruments that potentially subject us to concentrations of credit risk consist primarily of cash and
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cash equivalents, marketable securities, derivative financial instrument contracts and accounts and notes receivable. Our investment policy limits exposure to concentrations of credit risk and changes in market conditions. Counterparties to financial instruments expose us to credit-related losses in the event of nonperformance. We transact our financial instruments with a diversified group of major financial institutions and monitor outstanding positions to limit our credit exposure.

We provide credit, in the normal course of business, to hospitals, healthcare agencies, clinics, doctors’ offices and other private and governmental institutions. We perform on-going credit evaluations of our customers and maintain allowances for potential credit losses.

Concentrations of Credit
Risk



Financial
instruments that potentially subject us to concentrations of credit risk consist
primarily of cash and







76











cash
equivalents, marketable securities, derivative financial instrument contracts
and accounts and notes receivable. Our investment policy limits exposure to
concentrations of credit risk and changes in market conditions. Counterparties
to financial instruments expose us to credit-related losses in the event of
nonperformance. We transact our financial instruments with a diversified group
of major financial institutions and monitor outstanding positions to limit our
credit exposure.



We
provide credit, in the normal course of business, to hospitals, healthcare
agencies, clinics, doctors’ offices and other private and governmental
institutions. We perform on-going credit evaluations of our customers and
maintain allowances for potential credit losses.



This excerpt taken from the BSX 10-K filed Mar 1, 2006.

Concentrations of Credit Risk

        Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents, marketable securities, derivative financial instrument contracts and accounts receivable. The Company's investment policy limits exposure to concentrations of credit risk and changes in market conditions. Counterparties to financial instruments expose the Company to credit-related losses in the event of nonperformance. The Company transacts its financial instruments with a diversified group of major financial institutions and monitors outstanding positions to limit its credit exposure.

        The Company provides credit, in the normal course of business, to hospitals, healthcare agencies, clinics, doctors' offices and other private and governmental institutions. The Company performs ongoing credit evaluations of its customers and maintains allowances for potential credit losses.

"Concentrations of Credit Risk" elsewhere:

LeMaitre Vascular (LMAT)
Medtronic (MDT)
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