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This excerpt taken from the BAK 20-F filed Sep 30, 2009. 23 Financial Instruments The currencies shown in the derivatives section are designated by the codes according to the ISO 4217 standard and are shown below:
This excerpt taken from the BAK 6-K filed Aug 25, 2009. (d.2) Financial instruments • Classification and measurement The Company classifies its financial instruments in the following categories: (i) for trading (ii) loans and receivables, (iii) held to maturity and (iv) available for sale. The classification depends upon the purpose for which the financial instruments have been acquired. Management determines the classification of its financial instruments at the initial recognition. This excerpt taken from the BAK 20-F filed Jul 14, 2009. 23 Financial Instruments The currencies shown in the derivatives section are designated by the codes according to the ISO 4217 standard and are shown below:
This excerpt taken from the BAK 6-K filed May 19, 2009. (d.2) Financial instruments • Classification and measurement The Company classifies its financial instruments in the following categories: (i) for trading (ii) loans and receivables, (iii) held to maturity and (iv) available for sale. The classification depends upon the purpose for which the financial instruments have been acquired. Management determines the classification of its financial instruments at the initial recognition. This excerpt taken from the BAK 6-K filed Mar 16, 2009. 23 Financial Instruments The currencies shown in the derivatives are designated by the codes according to the ISO 4217 standard and are shown below:
This excerpt taken from the BAK 6-K filed Oct 9, 2008. 7 Financial Instruments The Company takes part in operations that involve financial instruments, which are accounted for, with the purpose of managing the available cash of its operations and to supply eventual cash needs. The book value of the Company’s financial instruments approximately corresponds to their market value. The Company did not enter into agreements that may be deemed as derivative instruments during the seven-month period ended on July 31, 2008. This excerpt taken from the BAK 20-F filed Jun 23, 2006. 24 Financial instruments
The book value and market value of the main financial instruments are as follows:
In 2004, the Company had derivative operations with the purpose of hedging for its exposure to exchange rate fluctuations in view of the significant volume of pre-payment of export operations not yet settled.
This excerpt taken from the BAK 6-K filed Mar 21, 2005. 10 Financial Instruments The Company is involved in transaction with financial instruments used to manage the cash availability for its operations, as well as to provide for the need of possible cash requirements. The management of the risks deriving from such transactions is made using financial market mechanisms that minimize the exposure of Company assets and liabilities, thus protecting the Company’s equity. At December 31, 2004, the book value of financial instruments relating to Company assets and liabilities approximates its market value. It is not Company policy to use financial derivatives. * * *
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