EFTA01366850.pdf

Amendment #4 Page 421 of 868 Ishir of Cement% Tre asset retirernert obligations for the three montre ended March 31 2015 and Ice me year enoed December 31. 2014 are as Venn rch 31, Decentet 31, Figures In ZAR '030 2016 2014 Balance at the begmrg of the peeled 43.991 14,671 Recognibon of liability — 26,613 Accretion expense 1.148 2,707 Balance at the end of the amble 46.139 a 901 Tre far wake of the ARO was estimated based on techniques that meek use of Hard party data and management Judgment The Operatug Erases do not have any assets that are legal./ rescinded for the ptrpose of settling tee asset retiremers obligatens as al March 31, 2015 and December 31 2014 14. Power energy revenue The Operatirg Emma entered into PPAs wlh Eskom a stale owed &day In accordance with the PPM, the countetparty acquires the lull outµ( gererated by the plant on an 'as available' basis March 31, March 31. Figures In ZAR '000 2016 2014 Revenue earned from power sales 109186 as the quantity to be sold under the PPM is based en the power parts' actual alp./ en an 'as available tests'. the Operating Entities considered as payments as awlingent rent e cortngent on gereralen) Tre cost accumulated depreciaten mid carryrg arnourt of the property, plant and equipment used as part of the PPAs. for the year ti ded December 31 2014 and for the thee months ended March 31, 2015, has been disclosed in rote 6 16. Other Incomeitexpenses) March 31, March 31, Figures In ZAR '000 2016 2014 Other Income Interest income earned on cash and cash equivalents 3,931 8,579 Cher refunds 3,024 6,925 8,579 Other Expenses Interest expense en long.terrn debt (57,398) (44,458) Sexiest expense on shareholder loans—related pates (14.118) — Less capitalized interest — 27,649 (71,936) (16,939) Total (14.a1) ( 1.330) The interest expense was captalized at a rate of 10.05% for Core and 10.59% for Erika in 2014 based on the offeclat, interest rate for each instrument There was no interest expense captaleed in 2015 F401 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-0058378 CONFIDENTIAL SDNY_GM_00204562 EFTA01366850