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These excerpts taken from the DVN 10-K filed Feb 27, 2009. Foreign
Currency Risk
Our net assets, net earnings and cash flows from our Canadian
subsidiaries are based on the U.S. dollar equivalent of
such amounts measured in the Canadian dollar functional
currency. Assets and liabilities of the Canadian subsidiaries
are translated to U.S. dollars using the applicable
exchange rate as of the end of a reporting period. Revenues,
expenses and cash flow are translated using the average exchange
rate during the reporting period. A 10% unfavorable change in
the Canadian-to-U.S. dollar exchange rate would not
materially impact our December 31, 2008 balance sheet.
Table of Contents
Foreign
Currency Risk
Our net assets, net earnings and cash flows from our Canadian
subsidiaries are based on the U.S. dollar equivalent of
such amounts measured in the Canadian dollar functional
currency. Assets and liabilities of the Canadian subsidiaries
are translated to U.S. dollars using the applicable
exchange rate as of the end of a reporting period. Revenues,
expenses and cash flow are translated using the average exchange
rate during the reporting period. A 10% unfavorable change in
the Canadian-to-U.S. dollar exchange rate would not
materially impact our December 31, 2008 balance sheet.
Table of Contents
Foreign Currency Risk Our net assets, net earnings and cash flows from our Canadian subsidiaries are based on the U.S. dollar equivalent of such amounts measured in the Canadian dollar functional currency. Assets and liabilities of the Canadian subsidiaries are translated to U.S. dollars using the applicable exchange rate as of the end of a reporting period. Revenues, expenses and cash flow are translated using the average exchange rate during the reporting period. A 10% unfavorable change in the Canadian-to-U.S. dollar exchange rate would not materially impact our December 31, 2008 balance sheet.
Table of Contents
Foreign Currency Risk Our net assets, net earnings and cash flows from our Canadian subsidiaries are based on the U.S. dollar equivalent of such amounts measured in the Canadian dollar functional currency. Assets and liabilities of the Canadian subsidiaries are translated to U.S. dollars using the applicable exchange rate as of the end of a reporting period. Revenues, expenses and cash flow are translated using the average exchange rate during the reporting period. A 10% unfavorable change in the Canadian-to-U.S. dollar exchange rate would not materially impact our December 31, 2008 balance sheet.
Table of ContentsThese excerpts taken from the DVN 10-K filed Jun 9, 2008. Foreign
Currency Risk
Our net assets, net earnings and cash flows from our Canadian
subsidiaries are based on the U.S. dollar equivalent of
such amounts measured in the Canadian dollar functional
currency. Assets and liabilities of the Canadian subsidiaries
are translated to U.S. dollars using the applicable
exchange rate as of the end of a reporting period. Revenues,
expenses and cash flow are translated using the average exchange
rate during the reporting period. A 10% unfavorable change in
the Canadian-to-U.S. dollar exchange rate would not
materially impact our December 31, 2007 balance sheet.
Foreign Currency Risk Our net assets, net earnings and cash flows from our Canadian subsidiaries are based on the U.S. dollar equivalent of such amounts measured in the Canadian dollar functional currency. Assets and liabilities of the Canadian subsidiaries are translated to U.S. dollars using the applicable exchange rate as of the end of a reporting period. Revenues, expenses and cash flow are translated using the average exchange rate during the reporting period. A 10% unfavorable change in the Canadian-to-U.S. dollar exchange rate would not materially impact our December 31, 2007 balance sheet.
These excerpts taken from the DVN 10-K filed Feb 28, 2008. Foreign
Currency Risk
Our net assets, net earnings and cash flows from our Canadian
subsidiaries are based on the U.S. dollar equivalent of
such amounts measured in the Canadian dollar functional
currency. Assets and liabilities of the Canadian subsidiaries
are translated to U.S. dollars using the applicable
exchange rate as of the end of a reporting period. Revenues,
expenses and cash flow are translated using the average exchange
rate during the reporting period. A 10% unfavorable change in
the Canadian-to-U.S. dollar exchange rate would not
materially impact our December 31, 2007 balance sheet.
Foreign Currency Risk Our net assets, net earnings and cash flows from our Canadian subsidiaries are based on the U.S. dollar equivalent of such amounts measured in the Canadian dollar functional currency. Assets and liabilities of the Canadian subsidiaries are translated to U.S. dollars using the applicable exchange rate as of the end of a reporting period. Revenues, expenses and cash flow are translated using the average exchange rate during the reporting period. A 10% unfavorable change in the Canadian-to-U.S. dollar exchange rate would not materially impact our December 31, 2007 balance sheet.
This excerpt taken from the DVN 10-K filed Feb 28, 2007. Foreign
Currency Risk
Our net assets, net earnings and cash flows from our Canadian
subsidiaries are based on the U.S. dollar equivalent of
such amounts measured in the Canadian dollar functional
currency. Assets and liabilities of the Canadian subsidiaries
are translated to U.S. dollars using the applicable
exchange rate as of the end of a reporting period. Revenues,
expenses and cash flow are translated using the average exchange
rate during the reporting period. A 10% unfavorable change in
the
Canadian-to-U.S. dollar
exchange rate would not materially impact our December 31,
2006 balance sheet.
Table of Contents
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