THQ 2005 Annual Report Download - page 74

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51
$35.1million, all with maturities of less than one month, consisting primarily of Euros, Great British
Pounds, and Canadian Dollars. The counterparties to these forward contracts are creditworthy
multinational commercial and investment banks. The risks of counterparty nonperformance associated
with these contracts are not considered to be material. Notwithstanding our efforts to manage foreign
exchange risks, there can be no assurances that our mitigating or hedging activities will adequately protect
us against the risks associated with foreign currency fluctuations.
Item 8. Financial Statementsand Supplementary Data
The report of Independent Registered Public Accounting Firm, consolidated financial statements and
notes to consolidated financial statements follow below.