Strake Inc (SRKE)

[HFM2]

This may be a little time-consuming:

The reporting and functional currency of the Company is the U.S. dollar. Transactions denominated in
foreign currencies are translated into the functional currency at the exchange rates prevailing on the
transaction dates. Assets and liabilities denominated in foreign currencies are translated into the functional
currency at the exchange rates prevailing at the balance sheet date with any transaction gains and losses
that arise from exchange rate fluctuations on transactions denominated in a currency other than the
functional currency are included in the results of operations as incurred.

Q-10 (Oct. 31) - F13