Harris Teeter 2012 Annual Report Download - page 24

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Item 7A. Quantitative and Qualitative Disclosures about Market Risk
The Company does not utilize financial instruments for trading or other speculative purposes, nor does it utilize leveraged
financial instruments. The Company’s exposure to market risks results primarily from changes in interest rates. Generally, the
fair value of debt with a fixed interest rate will increase as interest rates fall, and the fair value will decrease as interest rates rise.
The table below presents principal cash flows and related weighted average interest rates by expected maturity dates for
the Company’s Senior Notes due at various dates through 2017 (which accounts for 98% of the Company’s fixed interest debt
obligations) (dollars in thousands):
2013 2014 2015 2016 2017 Thereafter Total Fair Value
Senior Notes $- $- $- $- $100,000 $- $100,000 $127,730
Weighted average interest rate - - - - 7.64% - 7.64%
For a more detailed description of fair value of the Senior Notes, see Note 11 to the Consolidated Financial Statements
in Item 8 hereof.
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