PSUN » Topics » ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

These excerpts taken from the PSUN 10-K filed Apr 1, 2009.
ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
 
To the extent we borrow under our credit facility, we are exposed to market risk related to changes in interest rates. At January 31, 2009, there were no direct borrowings outstanding under our credit facility. Based on the interest rate of 1.7% on our credit facility at January 31, 2009, if interest rates on the credit facility were to increase by 10%, and to the extent borrowings were outstanding, for every $1 million outstanding on our credit facility, net income would be reduced by approximately $1 thousand per year. We are not a party with respect to derivative financial instruments.
 
ITEM 7A. QUANTITATIVE
AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK



 



To the extent we borrow under our credit facility, we are
exposed to market risk related to changes in interest rates. At
January 31, 2009, there were no direct borrowings
outstanding under our credit facility. Based on the interest
rate of 1.7% on our credit facility at January 31, 2009, if
interest rates on the credit facility were to increase by 10%,
and to the extent borrowings were outstanding, for every
$1 million outstanding on our credit facility, net income
would be reduced by approximately $1 thousand per year. We are
not a party with respect to derivative financial instruments.







 




EXCERPTS ON THIS PAGE:

10-K (2 sections)
Apr 1, 2009
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