EFTA01366832.pdf

Amendment #4 Page 403 of 868 tablrer.ceMitnil Fain rake ci lemma, mstesneres—The Group is exposed to the risks of changes in the fair value of its financial assets and hall ties The (wowing table summanzes the fair values and We carrying amounts of to Group's financial assets and liabilities at March 31 2015 aro Decanter 31 2014 All fair value presented below are classified as level two Fair value Carrying amount March 31, December 31, March 31, December 3t, 2016 2014 2016 2014 Financial assets Current Short-terms investments 36.784 2a477 36,784 24 477 Trade receivables 21,258 22475 21,258 27475 Noncurrent Resaided deposits 171,019 160,488 171O19 160.488 Financial liabilities Curers Trade payables 18.425 18,480 16,05 18 460 Borrowings 70,766 70.688 70.149 70 071 Noncurrent Borrowings 884,211 901.271 876,141 893,046 Far value measurement—The for values of Mennereal assets and lebilbes are defined as the price that would be received to sell an asset or paid to transfer a lawny in an orderly transaction between market parbcpa its at tie meastrernere date Methods and assumptions used in the es:masonof far value are based on available market inforrrabon and methccidcges applied ccrissteney for as periods presented Sgsficart Judgment is required to understand the market formation and esbmate the far value. Tie use of <Hewett market met rodologes or assumptions ray have a material erect on the estimated fair values The far values of shod-term investments, reetneed deposits. and trade recewables and payables approximate thee carrying values de to they short-term retire and as they have charaderettos similar to those that would be obtained had test financial instruments been traded in the market The far values forte Group's finanaal assets and Seabees tat are measured at fair value in Ine condensed combined interim financial statem erts. are classified based on the foltrwing fair value hierafilly depending on the inputs used in the vababon methods applied. Level 1—Use of quoted prices (unadjusted) in acute market for dental instrurneNs A financial instrurnert s considered as quoted in an active market if the quoted prices are immediately and regularly available from a stock exchange or organized over.thecounter market, by operators. brokers Of market associaton, by entities whose purpose is to declose Ire prices by regulatory agencies and if these prices represent market transactions regularly earned out between market participates n orderly transadons Lima—Use of inputs other thin quoted prices irciuded in Level 1 thiA are observable for the instrument. ether directly (that it as prices) a indirecty (that is. derived from prices) In relation to financial nstrunenls not traded in an actree market. the fair value must be determined based on me valuation/pricing methodology LeggLa—Use of inputs that are not based on oteervable market data (nonoteervabee inputs) F83 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-0058360 CONFIDENTIAL SDNY_GM_00204544 EFTA01366832