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LPL » Topics » Translation of assets and liabilities denominated in foreign currencies

This excerpt taken from the LPL 6-K filed Mar 28, 2008.

Translation of assets and liabilities denominated in foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into Korean won at the rates of exchange in effect at the balance sheet date, and the resulting translation gains and losses are recognized in current operations.

This excerpt taken from the LPL 6-K filed Feb 20, 2008.

Translation of assets and liabilities denominated in foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into Korean won at the rates of exchange in effect at the balance sheet date, and the resulting translation gains and losses are recognized in current operations.

EXCERPTS ON THIS PAGE:

6-K
Mar 28, 2008
6-K
Feb 20, 2008

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