Office Depot 2011 Annual Report Download - page 226

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18
11. Foreign currency balances and transactions
a. As of December 31, the forei
g
n currenc
y
monetar
y
p
osition is as follows:
2011 2010
(Unaudited)
Thousands of U.S. dollars:
Monetar
y
assets
$ 26,083
$14,223
Monetar
y
liabilities
(28,639)
(36,235)
Net monetar
y
liabilit
y
p
osition
(2,556)
(22,012)
E
q
uivalent in thousands of Mexican
p
esos
$(35,733)
$(272,509)
b. Transactions denominated in forei
g
n currenc
y
were as follows:
2011 2010 2009
(Thousands of U.S. dollars) (Unaudited) (Unaudited)
Im
p
ort
p
urchases
183,755
151,944
120,977
Ac
q
uisition of fixed assets
18,657
19,825
4,551
Other ex
p
enses
606
534
504
c. Mexican peso exchange rates in effect at the dates of the consolidated balance sheets and the date of the related
inde
p
endent auditors’ re
p
ort were as follows:
December 31, February 15,
2011 2010 2012
(Unaudited)
Mexican pesos per one U. S. dollar
$13.98
$12.38
$12.77
12. Transactions and balances with related parties
a. Transactions with related
p
arties, carried out in the ordinar
y
course of business, were as follows:
2011 2010 2009
(Unaudited) (Unaudited)
Sales:
Restaurantes Toks, S. A. de C. V.
$ 1,144
$ 1,110
$ 646
Servicios Gastronómicos Gi
g
ante, S. A. de C. V.
155
184
237
Servicios Toks, S. A. de C. V.
146
181
226
Distribuidora Store Home, S. A. de C. V.
76
56
—
Unidad de Servicios Com
p
artidos, S. A. de C. V.
48
49
—
Gru
p
o Gi
g
ante, S. A. B. de C. V.
17
3
0
—
Gi
g
ante, S.A. de C. V.
2
4
56
Gi
g
ante Gru
p
o Inmobiliario, S. A. de C. V.
24
2
—
Inmobiliarias Toks, S. A. de C. V.
—
—
68
Other related
p
arties
1,778
3,735
5,070
Leases and maintenance income:
Restaurantes Toks, S. A. de C. V.
11,244
10,086
9,134
Distribuidora Store Home, S. A. de C. V.
3,004
2,400
373
Servicios Toks, S. A. de C. V.
2,277
2,188
1,892
Other related
p
arties
1,167
1,119
1,062