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This excerpt taken from the LUX 20-F filed Jun 25, 2009. Our Working Capital
Set forth below is certain information regarding our working capital (total current assets minus total current liabilities):
In 2007 and 2006, working capital decreased due to an increase in the current portion of long-term debt scheduled to mature in 2008 and 2007, respectively. In 2008, working capital increased due to the repayment from cash provided by operations and refinancing of maturing debt.
We believe that the financial resources available to us will be sufficient to meet our currently anticipated working capital and capital expenditure requirements for the next 12 months.
We do not believe that the relatively moderate rates of inflation which have been experienced in the geographic markets where we compete have had a significant effect on our net sales or profitability. In the past, we have been able to offset cost increases by increasing prices, although we can give no assurance that we will be able to do so in the future.
This excerpt taken from the LUX 20-F filed Jun 26, 2008. Our Working Capital
Set forth below is certain information regarding our working capital (total current assets minus total current liabilities):
49
The increase in working capital in 2005 reflects the repayment of maturing debt and the refinancing of current debt maturities with long-term debt. In 2007 and 2006, working capital decreased due to an increase in the current portion of long-term debt scheduled to mature in 2008 and 2007, respectively.
We believe that the financial resources available to us will be sufficient to meet our currently anticipated working capital and capital expenditure requirements for the next 12 months.
We do not believe that the relatively moderate rates of inflation which have been experienced in the geographic markets where we compete have had a significant effect on our net sales or profitability. In the past, we have been able to offset cost increases by increasing prices, although we can give no assurance that we will be able to do so in the future.
This excerpt taken from the LUX 20-F filed Jun 29, 2007. Our Working Capital Set forth below is certain information regarding our Working Capital (total current assets minus total current liabilities):
The increase in working capital in 2005 reflects the repayment of maturing debt and the refinancing of current debt maturities with long-term debt. In 2006, working capital decreased due to an increase in the current portion of long-term debt scheduled to mature in 2007. We believe that the financial resources available to us will be sufficient to meet our currently anticipated working capital and capital expenditure requirements for the next 12 months. We do not believe that the relatively moderate rates of inflation which have been experienced in the geographic markets where we compete have had a significant effect on our net sales or profitability. In the past, we have been able to offset cost increases by increasing prices, although we can give no assurance that we will be able to do so in the future. This excerpt taken from the LUX 20-F filed Jun 28, 2006. Our Working Capital Set forth below is certain information regarding our Working Capital (total current assets minus total current liabilities)
The increase in working capital in 2004 is mainly attributable to the asset held for sale, Pearle Europe, acquired in connection with the acquisition of Cole in October 2004. See Note 4(d) to the Consolidated Financial Statements for further details. The continued increase in working capital in 2005 reflects the repayment of maturing debt and the refinancing of current debt maturities with long-term debt. We believe that the financial resources available to us will be sufficient to meet our currently anticipated working capital and capital expenditure requirements for the next 12 months. We do not believe that the relatively moderate rates of inflation which have been experienced in the geographic markets where we compete have had a significant effect on our net sales or profitability. In the past, we have been able to offset cost increases by increasing prices, although we can give no assurance that we will be able to do so in the future. 52 This excerpt taken from the LUX 20-F filed Jun 29, 2005. Our Working Capital
Set forth below is certain information regarding our Working Capital (total current assets minus total current liabilities)
The decrease in working capital as of December 31, 2003 when compared with December 31, 2002 is mainly attributable to the increase in maturities of long-term debt due in 2004 creating an increase in current liabilities as of December 31, 2003. The increase in working capital in 2004 is mainly attributable to the asset held for sale, Pearle Europe, acquired in connection with the acquisition of Cole in October 2004. See Note 4(e) to the Consolidated Financial Statements for further details.
We believe that the financial resources available to us will be sufficient to meet our currently anticipated working capital and capital expenditure requirements for the next 12 months.
We do not believe that the relatively moderate rates of inflation which have been experienced in the geographic markets where we compete have had a significant effect on our net sales or profitability. In the past, we have been able to offset cost increases by increasing prices, although we can give no assurance that we will be able to do so in the future.
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