|
|
 | | | |
- close
- close
- close
- close
PBR » Topics » We are not insured against business interruption for our Brazilian operations and most of our assets are not insured against war and terrorism.This excerpt taken from the PBR 20-F filed May 22, 2009. We are not
insured against business interruption for our Brazilian
operations and most of our assets are not insured against war or
sabotage.
We do not maintain coverage for business interruptions of any
nature for our Brazilian operations, including business
interruptions caused by labor action. If, for instance, our
workers were to strike, the resulting work stoppages could have
an adverse effect on us. In addition, we do not insure most of
our assets against war or sabotage. Therefore, an attack or an
operational incident causing an interruption of our business
could have a material adverse effect on our financial condition
or results of operations.
This excerpt taken from the PBR 20-F filed Jun 30, 2005. We are not insured against business interruption for our Brazilian operations and most of our assets are not insured against war and terrorism.
We do not maintain coverage for business interruption for our Brazilian operations, and as a result, we could suffer losses that could have a material adverse effect on our financial condition or results of operations. If our workers were to strike, the resulting work stoppages could have an adverse effect on us, as we do not carry insurance for losses incurred as a result of business interruptions of any nature, including business interruptions caused by labor action. In addition, we do not insure most of our assets against war and terrorism. A terrorist attack
13
Table of Contentsor an operational incident causing an interruption of our business could therefore have a material adverse effect on our financial condition or results of operations.
| EXCERPTS ON THIS PAGE:
|
| |||||||
