EFTA Document EFTA01367196

Amendment Page 767 of 868 3.3 Basis of valuation and presentation currency The financial statements as of December 31. 2014 and 2013 were prepared on a hstoncal cost bass except for certain dens that are measured in accordance with the accounting policies described in Note 4 The finance I statements are expressed n US dalbrs (LISS or S) 3.4 Changes in accounting policies The accounting maces adopted by the Company to prepare its financial statements as ce December 31. 2014 are consistent with those used to prepare its (nonce' statements as of December 31, 2013 The Company adopted fa the frst bme the foaming amendments to standards and rterprelationt which are effectme for annual periods beginning on or after January 1, 2014 These amendments and interpretations Nad no matenal impact on the Compare s financial statements as of December 31. 2014 Throat:nor( Entitle! (AmendmentS tO IFRS 10)FRS 12 an (1 IAS 27) These amendments provide an exception to the Ccosoldabon regimental for entries bet meet the definite', of an investment entry u-Oer IFRS 10 Consolidated Franc* Statements and must be applied rebospectwely, sub)ed to certain transition relief The excephan to coreolidation requires investment entries to account for subsides*, at fat value through profit or kiss Offsetting Finances Assets and FinanCtal Loaithes—Amenaments to/AS 32 These amendments dandy the meaning of "currently !BS a *peel, enforceable right to mile and the cntena for non-simultaneous settement mechanisms of clearing houses to qualify for offsetbrg and is applied reticePocbralY NOvabOn Cl Denvanves set Conbnumbonci Hedge ACOStating—Amendments10145 39 These amendments provide rebel from cascontnurg hedge accountrg when notation of a derivative desecrated as a hedging instrument meets certain onleria and retrospects, applcaton n required !FRIG 2f Lewes IFRIC 21 dailies that an ray recognues a Keeley for a levy when the actwty that triggers payment, as identified by the relevant legislation. occurs Fa a levy that is tiggered upon reachng a minimum threshold. the interpretation clarifies that no liability shottd be anticipated before the spoofed minimum threshold is reached. Retrospective application is regured for IFRIC 21 Recoverable Amnon' essobsures IdNon-Financed, Assets—Amendments to lAS 36 Impartment of Assets These amendments remove the unintended consequences of IFRS 13 on the dsclosures required under IAS 36. In addition. these amendments requre disclosure of the recoverable amounts for the assets or cash generating units for which impaurnart loss rias been recognized or reversed during the penod Annual Improvements 2010.2012 Cycle In he 2010.2012 annual insxovernarts cycle, the IAS13 issued seven amendments b set standards. wtsch included an amendment to IFRS 13 Far Value Meastrement The amendment to FRS 13 is effects* immedateN and, thus for penis beginning at January 1. 2014 and it steles n the Basis for Conclusions that short-tam receivables and payables with no stated interest rates can to measured at invoice amotnts when the effect of descanting n immaterial F-447 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-0058724 CONFIDENTIAL SDNY_GM_00204908 EFTA01367196