IBM » Topics » FOREIGN CURRENCY EXCHANGE RATE RISK

This excerpt taken from the IBM 10-K filed Feb 24, 2009.

Foreign Currency Exchange Rate Risk

 

At December 31, 2008, a 10 percent weaker U.S. dollar against foreign currencies, with all other variables held constant, would result in a decrease in the fair value of the company’s financial instruments of $1,007 million as compared with a decrease of $1,000 million at December 31, 2007. Conversely, a 10 percent stronger U.S. dollar against foreign currencies, with all other variables held constant, would result in an increase in the fair value of the company’s financial instruments of $1,007 million compared with an increase of $1,000 million at December 31, 2007.

 

This excerpt taken from the IBM 10-K filed Feb 26, 2008.

FOREIGN CURRENCY EXCHANGE RATE RISK

 

At December 31, 2007, a 10 percent weaker U.S. dollar against foreign currencies, with all other variables held constant, would result in an increase in the fair value of the company’s financial instruments of $123 million as compared with a decrease of $348 million at December 31, 2006. Conversely, a 10 percent stronger U.S. dollar against foreign currencies, with all other variables held constant, would result in a decrease in the fair value of the company’s financial instruments of $123 million compared with an increase of $348 million at December 31, 2006.

 

EXCERPTS ON THIS PAGE:

10-K
Feb 24, 2009
10-K
Feb 26, 2008
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