EFTA Document EFTA01366990

Amendment #4 Page 561 of 868 ink M tele m I Cash and cash equivalents Cash arid cash egurvaents induce cash and natty liquid cash investments vmh ongrel matumes of three montte or lees The Campers has cash deposits in a firerotal rabbiion of reputable startling The Company has not experienced any losses on such amounts and 0...levet 4 is not meted to signollaml credit risk related to cash balances The Company has no cash equivalents at 31 December 2014 and 2013 Accounts ;scalable The Company records accounts tearable based on amounts Med to Este= Holdings SOC Limited Most billings are determined Cased on contract el terms. The Company does rot accrue riterem on any d its accounts recervatle There was ro asowarce for doubtful accounts included in accounts receivable as of 31 Decenter 2014P 2013 Dedvath. instruments The Company entered in interest rate swap agreements to hedge the variable interest on bcr rotdirogs utilized for the corstrucbon of the energy far:Ames for a bred interest rate As al 31 December 2014 and 2013 the hedges were effective. The Company's merest rate swaps meet the requirements for hedge aoccuntirg and were designated as qualdprg cash flow hedging instruments in all of the periods Presented Movements in the fair value of derivatees are therefore recopy:Zed in the Statements of changes in Shareholders Mt In/seism:int Gains arc losses on denvat Pees designated as cash flow hedges are recorded in Cote comprehensnre doss) income and reclasseed to earnrgs in a manner that matches the (Ming of the earnings impact of the hedged transactors The ineffective portion of all hedges. d any is recognized currently in earnings The effective portion ci the hedge will be recorded in the same manner as foreign currency translaton adrustmeM in other comprehensive (loss) rooms. When the hedge poston s dssolved and we recognze a gain or loss in merest income (expense) the associated hedge gain or loss in other comprehensrve (loss) none war be reclassified to the Statement of Income Property, plant and equipment, not Property. plart and equipment are owned at cost add4ons and irrproverrerts we captalized and maintenance and repairs are charged to expenses as incurred Depreciation is provided 0/ the use of the straight ire method over the estimated useful ems of the assets When an asset is retired a otherwise disposed cf. the appropriate accounts are relieved of costs and accumulated depreciation and any resulting gain or less a recognized The assets' estimated Imes used in cornputrg depeciabcn are as fosows ROT Wolof Ns wed Energy Fealty 5 - 20 years Solar Energy Faolity 5.20 years Substation 20 years Impainnent of lempfivecl assets US GAAP requres an imparmeM review to be performed whenever events or changes in crcumstances ndcate that the carrying amour• of an asset may not be recoverable. If an ideally of impairment exists. estimates of F-241 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-0058518 CONFIDENTIAL SDNY_GM_00204702 EFTA01366990