EFTA Document EFTA01367255

Amendment #4 Page 826 of 868 bible of Cement% 211 Credit risk Credit nsk is tre risk that a counter party we not meet as otegasons under a Martial instrument or customer contract eaong to a Inertial loss Tre Company is exposed to treat nsk from its operating adrvbeS (pnmanty trade receivades) and from its financing actintee, "'eluding deposes with Darin and linanCifil instnutgons Eolas sole customers ate ['wort° and Dssur. Under the bower Roches° Agreement, credit terms we 37 days. and recenable balances with Orsnode and Ossur are ctrent as of December 31, 2014 and 2013 An "%aimed analysis is performed at each reporting date on an nob/dual bases for major clients. however an mourner, allowance has nat been recognized as customers' baranCeS are not ping due Wth regards to credit risk on other financel assets. the maximum expos tre to INS nsk s represented by the balances recorded for each financial asset Exposure to credit nsk 4 rronitcred constarty in accordarne with tre debtors payment pewter 21.3 Lkitddity risk The Company monitors its 'guilty on a dad/ basis. attempbng to maintain greater 'mad assets than liquid labglibes, considenng the maturity of its financial assets It performs ash flow potence* on a penock tes* n order to timely detect potential cash shortages or excesses to support a operations T re following table strnmanzes the maturity d the Cornpanys financial habilibeS based on payment cormernerts As Cd December 31, 2014 °toil months 'Ito 12 months More than 1 year Total Acccunts payable Noes and bare payable Accrued interest payable Acauedexpenses Decommissoning daemon S 88.1,174 3,968,104 318,268 e34.109 - S — 439,686 — — - S — 79,440,447 — — 319,728 $ 084.174 83,836,117 318,268 404.109 319,728 S 5,3032.684 S 439,666 S 79,760,176 S 86.662396 As of December 31, 2013 0 to 6 Ito 12 More than 1 months months year Total Accourts payable S 265,987 S — S — S 265.987 Notes and bane payable 1096,380 1.644 033 83.358 144 86.129137 Accrued greatest payable 342.403 — — 342.403 Acauedexpenses 1,333.138 — — 1.333 138 Decormussioning proration — — 238184 238.184 S 3.037,921 5 1644.030 5 83,626.328 $ 88308.849 22. Capital management The Corrpany's main obtective egardng caplet management is to ensure that t maintains a solid credt ratio and healthy frandal caplet ratio& to Support its business arid maxima. profits F-505 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-0058783 CONFIDENTIAL SDNY_GM_00204967 EFTA01367255