EFTA Document EFTA01366591

Amendment #4 Page 162 of 868 IA!! . giCstinFtS1 Costs of Condon, I the yelff anew (In thousands) Orneenbot 31, 2013 2014 Cost of opera!ions 5 355 1,999 Cost of operations—aft:irate 1 311 57 Total cost of rations s 1666 4256 22 Costs co operations totaled 52 0 million are SO 4 million for the years ended December 31. 2014 and 2013, respectively. an rcrease of SI 6 million Cost of operation,. affiliate increased $1 0 nu lion dieing the year ended December 31. 2014 compared to 2013 The increase is orronly due to additional operators and maintenance expenses related to; re Malaysian sdar energy systems which were in operat on all et 2014 versus berg put m operation in the lag quarto of 2013 Genets, end administrative expense General and administrative expense Totaled $1 3 mason and 51 0 minion for the years ended December 31 2014 and 2013, respect:vett an increase of 50 3 million General end administrative —allege expense was $10 9 mitten and $4 6 mitten for the years ended Detente, 31. 2014 and 2013 respecthely an increase of $6 1 meson The increase is die to the overall increase in the capacity or our operational solar energy systems Depreciation and accretion Deteeoaton and accroon expense increased from $4 8 melon for the year ended December 31, 2013 to 57 2 motion in the year ended December 31, 2014 porrenly die to Mgaysian solar energy system plants becoming correneroasy cperatonat in December 2013 and South Noce and Tradard solar energy systems becoming commercials/ operational in the fourth quarter of 2014 Interest expense Interest expense was 524.3 melon and Si, 8 moan fix the years ended December 31. 2014 and 2013. respectively. an =lease of 512.5 million. The increase was pomace/ do to an increase in term debt as solar energy systems were constructed Can (Income) expense, net Other income net totaled $51 million in the year ended December 31. 2014 primanny due to gains on foreign currency exchange and pretreat income earned from restricted Caen S.00J15 Ceho expense. nee totaled $20 mill on n Ire year ended December 31 2013 roman,/ At to losses on foreign currency exchange Income tax expense (benefit) income tax expense was 51 7 million for the year erect December 31, 2014 competed to an Inn tine tax benefit of 51 7 million for the year ended December 31, 2013 primate/ fie to an increase in revenue no offset try tax benefit carryfonvards Liquidity and capital resources Cur principal liquidity requrernents are 10103rxe current operal one semce or debt and tad cash rime:erns to ors investors We wet also use capital n trie tee ire to finance expansion capital expenditures and wouetons Histcrically. °a predecessor operators were financed as part of oar Sponsors integrated 154 http://cfdocs.btogo.com:27638/cf/drv7/pub/edgar/2015/07/20/0001193125-15-256461/d78... 7/20/2015 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0058119 CONFIDENTIAL SONY GM_00204303 EFTA01366591