Chipotle 2012 Annual Report Download - page 39
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Please find page 39 of the 2012 Chipotle annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
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Foreign Currency Exchange Risk
A portion of our operations consist of activities outside of the U.S. and we have currency risk on the
transactions in other currencies and translation adjustments resulting from the conversion of our international
financial results into the U.S. dollar. However, a substantial majority of our operations and investment activities
are transacted in the U.S. and therefore our foreign currency risk is limited at this date.
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Annual Report