Answer these questions for the following Swiss companies

Abb Ltd (XNYS:ABB)	ABB	Switzerland
Novartis Inc. (XNYS:NVS)	NVS	Switzerland
STMicroelectronics NV (XNYS:STM)	STM	Switzerland

Review annual reports (visit the firm's website and choose 'investor relations') and news about each of your three foreign-based MNCs to determine the following:

1. Where (geographically) does most of its business?

2. What is the foreign currency to which it has the most exposure?

3. Does the company use any hedging strategy for its foreign exchange exposure?

4. What type of coverage do they use (futures, options, non-financial hedges)?

5. Did they show a significant loss/gain due to foreign exchange rate exposure? Provide the link (and possibly a screenshot) where you found this information.