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This excerpt taken from the EBAY 10-K filed Feb 17, 2010. Foreign currency Most of our foreign subsidiaries use the local currency of their respective countries as their functional currency. Assets and liabilities are translated at exchange rates prevailing at the balance sheet dates. Revenues, costs and expenses are translated into U.S. dollars at average exchange rates for the period. Gains and losses resulting from the translation of our consolidated balance sheet are recorded as a component of accumulated other comprehensive income. Realized gains and losses from foreign currency transactions are recognized as interest and other income, net. These excerpts taken from the EBAY 10-K filed Feb 20, 2009. Foreign
currency
Most of our foreign subsidiaries use the local currency of their
respective countries as their functional currency. Assets and
liabilities are translated at exchange rates prevailing at the
balance sheet dates. Revenues, costs and expenses are translated
into U.S. dollars at average exchange rates for the period.
Gains and losses resulting from the translation of our
consolidated balance sheet are recorded as a component of
accumulated other comprehensive income.
Realized gains and losses from foreign currency transactions are
recognized as interest and other income, net.
Table of Contents
eBay
Inc.
NOTES TO
CONSOLIDATED FINANCIAL
STATEMENTS (Continued)
Foreign currency Most of our foreign subsidiaries use the local currency of their respective countries as their functional currency. Assets and liabilities are translated at exchange rates prevailing at the balance sheet dates. Revenues, costs and expenses are translated into U.S. dollars at average exchange rates for the period. Gains and losses resulting from the translation of our consolidated balance sheet are recorded as a component of accumulated other comprehensive income. Realized gains and losses from foreign currency transactions are recognized as interest and other income, net.
Table of ContentseBay Inc. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued) These excerpts taken from the EBAY 10-K filed Feb 29, 2008. Foreign
currency
Certain of our foreign subsidiaries use the local currency of
their respective countries as their functional currency. Assets
and liabilities are translated at exchange rates prevailing at
the balance sheet dates. Revenues, costs and expenses are
translated into United States dollars at average exchange rates
for the period. Gains and losses resulting from translation are
recorded as a component of accumulated other comprehensive
income (loss).
Realized gains and losses from foreign currency transactions are
recognized as interest and other income, net.
Foreign currency Certain of our foreign subsidiaries use the local currency of their respective countries as their functional currency. Assets and liabilities are translated at exchange rates prevailing at the balance sheet dates. Revenues, costs and expenses are translated into United States dollars at average exchange rates for the period. Gains and losses resulting from translation are recorded as a component of accumulated other comprehensive income (loss). Realized gains and losses from foreign currency transactions are recognized as interest and other income, net. This excerpt taken from the EBAY 10-K filed Feb 28, 2007. Foreign
currency
The majority of our foreign subsidiaries use the local currency
of their respective countries as their functional currency.
Assets and liabilities are translated at exchange rates
prevailing at the balance sheet dates. Revenues, costs and
expenses are translated into United States dollars at average
exchange rates for the period. Gains and losses resulting from
translation are recorded as a component of accumulated other
comprehensive income (loss).
Realized gains and losses from foreign currency transactions are
recognized as interest and other income, net.
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