Risk Factors Update Summary
- Industry consolidations may impact pricing, capital spending, competitive position, and agreements. This could result in significant changes.
- Cybersecurity threats are evolving, increasing in frequency, and becoming more sophisticated, including ransomware attacks and data breaches.
- Security threats, including cybersecurity attacks, could lead to data loss, disclosure, and operational hindrance.
- Potential loss of significant portion of trade accounts receivables could impact cash flow and financial condition.
- Commodity price declines may lead to cancellations, impacting backlog and operating results.
- Exchange rate fluctuations could adversely affect financial position, results of operations, and cash flows.
- Changes in tax laws, such as the imposition of a global minimum corporate tax rate, could increase tax compliance complexity and income tax liabilities.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1121484&owner=exclude
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