CKH » Topics » We conduct international operations, which involve additional risks.

This excerpt taken from the CKH 10-K filed Mar 1, 2007.
We conduct international operations, which involve additional risks.   We operate vessels and lease helicopters worldwide. Activity outside the U.S. involves additional risks, including the possibility of:

·       restrictive actions by foreign governments, including asset seizure

·       foreign taxation and changes in foreign tax laws

·       limitations on the repatriation of earnings

·       changes in currency exchange rates

·       local cabotage and local ownership laws and requirements

·       nationalization and expropriation

·       loss of contract rights

·       political instability, war and civil disturbances or other risks that may limit or disrupt markets

Our ability to compete in the international offshore energy support market may be adversely affected by foreign government regulations that favor or require the awarding of contracts to local competitors, or that require foreign persons to employ citizens of, or purchase supplies from, a particular jurisdiction. Further, our foreign subsidiaries may face governmentally imposed restrictions on their ability to transfer funds to their parent company.

This excerpt taken from the CKH 10-K filed Mar 20, 2006.
We conduct international operations, which involve additional risks.   We operate vessels and lease helicopters worldwide. Activity outside the U.S. involves additional risks, including the possibility of:

·       restrictive actions by foreign governments, including asset seizure

·       foreign taxation and changes in foreign tax laws

·       limitations on repatriation of earnings

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·       changes in currency exchange rates

·       local cabotage and local ownership laws and requirements

·       nationalization and expropriation

·       loss of contract rights

·       political instability, war and civil disturbances or other risks that may limit or disrupt markets

Our ability to compete in the international offshore energy support market may be adversely affected by foreign government regulations that favor or require the awarding of contracts to local competitors, or that require foreign persons to employ citizens of, or purchase supplies from, a particular jurisdiction. Further, our foreign subsidiaries may face governmentally imposed restrictions on their ability to transfer funds to their parent company.

EXCERPTS ON THIS PAGE:

10-K
Mar 1, 2007
10-K
Mar 20, 2006
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