EFTA Document EFTA01367187

Amendment .;4 Page 758 of 868 INDEPENDENT AUDITORS' REPORT To the it.. Ira and ShMerelders Energi. .x• I xcures,SA We have audited the accompanying restated financial statements or Energla &Seca de Honduras. SA, whch comprise the statements of financial position as of Decanter 31. 2014 and 2013. and the related statements of convections's,' income. changes in equly and cash fbves for the years then ended ard the rewted notes to the financial Statements Management's Responsibility for the Financial Statements Management is responsrde for me cceparaton and fair preserfabon of these financial statements in coil orrnly with I ntemalcoal Frnarpal Reporting Standards as *sued by the Intemmonal Aocorburg Standards Board. this rcludes the design. ungiernerdatt)n end rnentenante of internal control relevant to the preparation and fair peesentabcn d financial statements Mat are free of materel misstatement. whether due to fraud or error Auditor's Responsibility Our responsrbeety 4 to express an opnron on these financial statements based on our obits We conducted our suers in accordance with audited stardwds really accepted in the tinted States of Amerce Those standards requre that we plan and perform the audits to Ottan reasonable *swarm about whether the Mandel statements are free of material msdatement An audit involves performing procedves to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auddorsbelgmerk, incrudirg the assessment of the mks of material misstatement of the fnanctal statements, whether dre to fraud a error In mating those risk assessments, the auditor considers external control relevant to the ertty's preparation and far presentation of the financial statements in order to design audit procedures that are appropriate in the orcumstances, but root for the purpose of expressing an opnon on the effectreeness of the entity's paternal control. Accordirgy, we express no such opnon An audt also includes eraluatng the apvotcnateress of accounIng pobcies used and the reasonableness ot significant accouling estimates made by management as well as eyebath; the overall presentation of the financial statements We believe that Use audit evidence we have obtained is sufficient and apdoprwe to provide a basis for Ott audit opirton Opinion in our canon, rte restated finance+ statements referred to above present fairly, in all material respects. the financial positron of Energla Ealr-a de Honduras, S A. as of December 31, 2014 and 2013. and the resins of its operator, and its cash flows for ten years ten ended in conformity with Intematonal Frontal Reporting Standard' as issued by the International Acooialing Standards Board F-e3S 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-0058715 CONFIDENTIAL SDNY GM_00204899 EFTA01367187