It plans to wind down Normandy's hedging operations, making the combined company's fortunes more sensitive to changes in world gold prices, a change that may make its stock more attractive to investors.
12.
EADS posted a net profit of 1.37 billion euros in 2001 in contrast to a pro-forma net loss of 909 million euros in 2000 due to a charge of 1.4 billion euros for currency hedging operations.
13.
The previous year, it had a pro-forma net loss of 909 million euros ( dlrs 791 million ) due to a hefty charge of 1.4 billion euros ( dlrs 1.22 billion ) on currency hedging operations.
14.
The first set of arbitrations conducted in Singapore and London were in respect of three claims made by International Banks against the Sri Lanka Government arising out of Hedging operations entered in into by the Ceylon Petroleum Corporation and the other was another International Arbitration conducted in Singapore between the Maldivian Government and GMR an Airport developer in India.
