| 1. | MFK Renaissance also owes about $ 100 million on hedging contracts.
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| 2. | Serisar minimises its exposure to foreign exchange fluctuations through currency hedging contracts.
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| 3. | Barrick was responding to changes in market rates that made hedging contracts less attractive.
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| 4. | Therefore, buyers and sellers wish to lock in energy prices through financial hedging contracts.
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| 5. | Ericsson said the 1.2 billion-krona gain arose as earlier hedging contracts expired.
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| 6. | But he acknowledged Delta could face worse fuel inflation as some of the hedging contracts expire later this year.
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| 7. | Southwest is almost completely shielded from high fuel prices by hedging contracts that Kelly arranged as chief financial officer.
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| 8. | And the banks that had lent the company money to buy those hedging contracts on margin began asking for cash as collateral.
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| 9. | An important reason is that Kelly, in his previous job as chief financial officer, arranged hedging contracts to lock in lower prices.
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| 10. | Ferrier Hodgson, the company's administrator, had claimed Ernst & Young was negligent over the accounting of gold and dollar hedging contracts.
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