Logitech 2007 Annual Report Download - page 112

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If the U.S. dollar had appreciated by 10% compared with the hedged foreign currency, an unrealized gain of
$4.1 million in our forward foreign exchange contract portfolio would have occurred. If the U.S. dollar had
depreciated by 10% compared with the hedged foreign currency, a $3.7 million unrealized loss in our forward
foreign exchange contract portfolio would have occurred.
Interest Rates
Changes in interest rates could impact the Company’s anticipated interest income on its cash equivalents
and short-term investments and interest expense on variable rate short-term debt. The Company prepared
sensitivity analyses of its interest rate exposures to assess the impact of hypothetical changes in interest rates.
Based on the results of these analyses, a 100 basis point decrease or increase in interest rates from the March 31,
2007 and March 31, 2006 period end rates would not have a material effect on the Company’s results of
operations or cash flows.
ITEM 12. DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES
Not applicable.
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