EFTA01367198.pdf

Amendment #4 Page 769 of 868 'ate ColMant 4A Financial instruments The valuation of the Corrparry's financial nskurnerts a determined uscg the fair value or amortized cost as defined below Fair vafue--The tair value of a trumpet ratrument negototed in an organized financial market is determined using as reference the aces quoted in tat financial market for negotiations perforrred as of the dote of the statement of financial position With respect to financial instruments for which there is no active financial market, the far value is determined using valuator, and other techniques Ansaritted cost-The anuteed cost is calcUaled using the effective interest metrod less any allowance fa imparment The calculation lakes into consaderabon any award or discount in the accustom and includes the transacton costs and tees which are an integral part of the effective 'Merest rate These techniques include recent market trareacans between interested fully informed parees wno act independently, references to the far value of another sutstartuDy saner fnancis instrument and discounted Cash flaws or other valuation methods 4.6 Financial assets 4.6.1 Initial recognition and msesuremeM of floancbl assets Firercal assets within the scope of IAS 39 Foam* Instruments Roc/orlon andMeasurement WO Classified as firdnoal assets al far value through writ or loss, loans are receivables. heel-to-maturity investments avertable-for-sale fnancol assets, or as auvatnes designated as hedgng instruments in an effectwe hedge, as aPaccriate The Corrpany determines the classification of its financial asses at initial recogniton The Company only has ac ts receivable and derivative financial instruments. which are described in Note 4 7 The Comm", Molly recognizes all of its financial assets at fair value plus cats directly attnbutabre to the transaction, except for financial assets valued at fair value through profit or loss n with Mese costs are rot considered T re Company recognizes the purchase or sale a financial assets on the date of each trareacbon, which is tie date on what the Company commits to buy or sell a financial asset 0.52 Subsequent measurement of accounts receivable Accounts receivable are none/err/Pee financial assets with toed a determined payments that are not quoted in active markets, are are madly recognized at the corresponding irmoced amounts Mer Mal recognition accounts receivable are recorded by the Coripeny at amortized cost using the effective interest rate method lea the allowance for impairment Gans or losses are reccgnzed In results when the accounts receivable are derecognized a marred, as well as tnrough la amortization process, 4.5.3 Impairment of financial assets Tre Company assesses on the date of the statemem of financial postern wnether there is any otrearve evidence that a franca asset or grow of assets is impaired A fmantel asset a group of financial assets is deemed to te impaired if, and only 4, there a ctocave evidence of impairment as a result of one or more events that have occurred after to fatal recognition of the finarcel asset, arc that Ices event has an mpact on the estmated future cash flows of the financial asset a group of financial assets that can be middy estimated Evidence of impairment may include indatiOra that the debtors are expenencing F-449 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-0058726 CONFIDENTIAL SDNY_GM_00204910 EFTA01367198