EFTA Document EFTA01367105

Amendment #4 Page 676 of 868 1.0*..91..(24Smit The net arnourt of VAT recoverable from, or payable to the taxaton authority is included as part of other accounts recevade or pays de in the statemert of firerc at position 13 New accounting pronouncements Tre Company has deeded not to early adopt Ire following sterctards and irterprelatons that were ssued by the IASS bit are rot effective at December 31, 2014 FRS 9 -Financial Insfaments crasstacaton and measurement' In July 2014. the !ASS issued the final version of IFRS 9 Fnancad instruments. which ref eels all inases of project Inverse instruments and replace IAS 39 'F martial Instruments Recognit on and Ileasuemert' and all previous versions of IFRS 9 Tne standard irtrockices new reweements br the classitcation and meastrement. impairment and hedge accountirg IFRS 95 effect eve for trawl periods tegririrg on or after Ja nary 1 2018, with ea rif appicabon permitted Retrospectve afar:katon is required. but Ire cameralrye informalon is nct maexiitcry The early application of the previous versons of !FRS 9 (2009, 2010 and 2013) is stowed if the date of neat app1cabon is before February 1 2015 The adoption of IFRS 9 will have an c4fect on the classificaion and measurement financial assets of the Company. but no impact on the cOssicabon and measurement of finery:fat 'abilities IFRS 15 Revenue trop contracts with customers IFRS 15 was ssued in May 2014 and established a nen five-step model to be applied to revenue from contracts with CteatOrrefS Under IFRS 15 revenue is reccgraed at an amount that reflects the consideration that the entity expects to te entrtied in exchange for the transfer of goods or services to a customer The principles of FRS 15 provide an approach more shuck:et] to measurement and revenue recognition The new standardor rr-orne is applicable to all entices and will replace all anent requiremerts for revenue recognition under IFRS Tne retrospective applicaton Complete or modified is re:pared for annual penods beginning on or after January 1 2017 with early adoption permitted Amenlments b !FRS II Jane Arrangomerts Aoccuntrg for .aoausttions of interests Amendmerts to IF RS 11 reqJires that a pirt operator post the acquseon of an interest in a pint ventue in whch the activity of the pint venture is a business according to IFRS 3 Tre amendments alto clarify that a preexisting interest in a fort operation is not remeasured in the acquisition of an additional eterest in the sane pint operation, while the loot controls maintained in addition a scope exCksen hes been added to FRS 11 to specify that the amendments do rot apply when the panes sharing pint control ncludirg reporting entity under common control of the same main controller The charges apply to both the acqusition of the trio' slake in a oint operation and the acquisiton of any additona I :nteresl m such pose operabon and are effective prospectively for annual periods beginnng on or after January 1. 2016. allowing the adoption Advance F-356 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-0058633 CONFIDENTIAL SDNY GM_00204817 EFTA01367105