EFTA01367136.pdf

Amendment #4 Page 707 of 868 esiobtlel Al assets and battlers which are determined or reveal fair values in the 'refloat statements are class/fed within the fair value hierarch/ described below based on the lowest level et the data used that are signrficare to the measurement at fair value as a whole • Level 1 Quoted (unadjusted) prices in actme markets for identical assets or Satilties • Level 2 Other techniques for all nforrnation cr data deferent to quoted pees within level I. available, ether directly or witerectly. • Level 3 Techniques which use inputs that have a scarcer,' effect on the recorded far value that are not based on observable market data For assets and Iodides Met are recognized at fair value in tre finance' statements on a recce-mg basis, the Company determines whether there have been transfers between levels in the her retry by reviewing the categorization at the end of each reporting period. Management determines the policies arc procedures for bath reaming far value measurement. Al each reporting date, management analyzes the movements in the values of assets and ',abateswhich are lectured to be re-measured or in accordance with the accounting policies of the Corrceny. For moose, of far value disclosures. Ire Company has determined ceases of assets fret liabilities on the basis e1 the nature, chsactenstics and MKS and the level or the law value hierarchy as explained ateve. Denvabve /Blanca, instrumcnts— Intel recognition and measurement— The Company Lees cross curency interest rate swap to manage its exposure to Ilse assooated wth fluctuators in exchange rates arid interest rates. such cern/awe financial nstrunents are initiNty recognized at fair value on the date on when a derwatwe contract is entered into and are stbsequentry remeasured at far value Denvatwes are carried as fnancial assets when the far value is posrtNe and as Marcia' !abates wren the fair value is negabve Any gains or losses arising from changes n the far value of denvatwes are taken areal, to prole or loss (€4 Pa:party plant and aqinament— Progeny, plant and ecsapaient is fl ed at Gnat, net of accumulated depreciation and / or a0Cumulated impairment losses The purchase pace or coon-oda) Uhl is the total amount paid and the tar value of any otter consideration grven to Salute the asset For the significant components of (acmes furnture aril equtorneet eat must be replaced periodically, the Company derecognees the replaced cornporert and recognizes the new component with its respective useful trees and depreciation Similarty when a mato, inspection is performed. its cost is recognized as a replacement to the extent that they meet the recognition requirerrerts Other repar and maintenance costs are recognized as expenses as incurred F.387 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-0058664 CONFIDENTIAL SDNY_GM_00204848 EFTA01367136