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Effects Of Foreign Currency Movements (Tables)
9 Months Ended
Sep. 30, 2012
Exchange Rates Used For Translation Of Balance Sheet And Statement Of Operations

Table below presents the exchange rates used for translation of our balance sheet and statement of operations and comprehensive income balances as of and for the three months ended September 30, 2012:

 

     Balance sheet rate
as of
September 30, 2012
     Balance sheet rate
as of
December 31, 2011
     Average rate for the
three  months ended
September 30, 2012
     Average rate for the
three  months ended
September 30, 2011
 

PLN / US$

     3.1780         3.4174         3.3107         2.9400   

RUR / US$

     30.9144         32.2092         31.9874         29.1667   

HUF / US$

     219.1724         240.6620         226.7603         194.7020   
Schedule Of Foreign Currency Exchange Rate Effect Before Tax

losses on the re-measurement of these liabilities. The table below summarizes the pre-tax impact of a one percent movement in each of the exchange rate which could result in a significant impact in the results of the Company’s operations.

 

Exchange Rate

   Value of notional amount      Pre-tax impact of a 1%
movement in exchange rate
 

USD-Polish zloty

   $ 444 million       $ 4.4 million gain/loss   

USD-Russian ruble

   $ 264 million       $ 2.6 million gain/loss   

EUR-Polish zloty

   430 million or approximately $557 million       $ 5.6 million gain/loss