EFTA01366794.pdf

Amendment #4 Page 365 of 868 ant 1101rsfcm The accornpenymg franciat data as of 31 March 2015 and for the three month periods ended 31 March 2015 and 2014 has been prepared by the Company, wthoUt audit pursuers totre rules and reglations of the U S Securities and Exchange Commission (SEC) Certain information and footrote dedosures normally included finer-sal staterrents prepared in accordance with generally accepted accounting anodes in the United States (GAAP) have been condensed or omitted pursuant to such rules and regulations The 31 December 2014 Consolidated Balance Sheet was derived from audited financal statemerts, but does not meta all Osciosures requred by accourIng principles generally accepted in the United States However, the Company believes that the disobsures are adequate to make the infamabon presented not misleading These Consolidated Financial Statements should be reed in conjunction with the Consolidated Fnancial Statements and the notes thereto included in the Company's trance' statements for the years ended 31 December 2014 and 2013 In the opnon of management, all acasstments (witch include normal reaming adjustments except as dsdosed herein) necessary to present tarty the combined balance greet as d 31 March 2015; the results of operators and statements of comprehensive income and cash flows for lhe three months ended 3t March 2015 and 31 March 2014 and the statements charges in shareholders net investment for the three mots ended 31 March 2015 and 31 March 2014. as applicable, have been made The results of operatons for rte three moMhs ended 31 March 2015 are not necessarily indicative of the operating results fa the fun fiscal year a arty kture periods Change In Accounting Principle Effective 1 January 2015, we were required to adopt guidance concerning service concession arrangements. The amendment appies to an operating ertty of a service concession arrargemert entered intowith a putec-sector entity grantor when the arrangement meets certain corn:Mors The amendments specly that etch an arrangement may rot be accourted for as a lease nor should the irtrastructure used in a service coccesson arrangement be recognized as property, plant and equipment by the operating entity. Instead the opera rg entry should refer to otner guidance to accost for the arrangemert. We adopted this guidance using a modified retrospective approach which rsqures the cumulative effect of appiong thisco:dance to arrangements existing at the begnnng of the period of adoption be recognized as an acluarrers to retained eernngs Asa remit, the costs asscoated wen the building d the substations qualify for recognton as an intangible asset And the costs have been reclassified from Property plant and equipment as prevousty reported, to Irtangble asset The application has had ro impact on the amourt of the deprecation r amontranon charge and thus no impact on opening retained earrings The following tables present the proforma amounts as of 31 march 2015 under the prof accounting method the effect on those arrourts of the change in account principle, and amounts as reported in the Company's Centred Financial gatemen& Combined balance sheet In US Dollar 2015 Effect of Preston Chang* In Accounting Accounting Method S As Reported Assets Property pars at equipment ret 83,587,702 (3,806,641) 79,781,061 Intangible asset, net 3,806.641 3,806,841 F-45 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-0058322 CONFIDENTIAL SDNY_GM_00204506 EFTA01366794