Netgear 2013 Annual Report Download - page 57
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Table of Contents
As of December 31, 2013
, we had net assets in various local currencies. A hypothetical 10% movement in foreign exchange rates would result in
an after-tax positive or negative impact of $279,000 to net income, net of our hedged position, at December 31, 2013
. Actual future gains and losses
associated with our foreign currency exposures and positions may differ materially from the sensitivity analyses performed as of December 31, 2013
due
to the inherent limitations associated with predicting the foreign currency exchange rates, and our actual exposures and positions. For the year ended
December 31, 2013 , 12% of total net revenue was denominated in a currency other than the U.S. dollar.
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