EFTA01366994.pdf

Amendment #4 Page 565 of 868 1,shirterleat.tels deterred tax assets are deduii-itte management betimes t Is more like)/ than not that tre Company was realize the benefits of these dedLcutie chtferences and carryfonvards and no vanaton anowarv:e was considered necessary b/ management as of 31 December 2014 and 2013 The estimated tax basin arvaitatie for set off against Mure wage income is 532 3M (2013 1.9.211). these tosses will rot expire we believe that a is more bin, than rot, based on our projectors ci blue taxatm income that we will generate sithcent taxable income to realize the benetts of the deferred tax asset 6. Derivative financial instrurnent—Swap In IFS dollar 2014 2013 Held at fair value Nedterk of South Afnca lased (53,669! 355,546 The Standard Bark of South Africa Limited (491,192) 68,439 (544,261! 433,985 The Company has entered into an interest rate swap with Nedbank ol South Afnca United to pay listed «nest as (Mews Effectwe date 16 November 2O12 Natoral amount at 31 December 2014 $14 291,458 The rate was Ixed as follows 0) For the period from and including 31 December 2013 up to and excludng 31 Decenter 2018 720% (a) For the period from and ins:Wing 31 December 2318 intoand excluding 31 December 2025, 900% The Company has {Tiered into an nterest rate swap with Standard Bark of Scuba Africa Limited le pay (Ned interest as r011OwF Effective date 16 November 2O12 Fissional amount at 31 December 2014 $27.744.390 The rate was axed as foams, (i) For the period from and incksolng 31 January 2014 up to and racks:leg 31 December 2018 740% 00 For the period from and indludirg 31 December 20181p to and excluding 31 December 3)213, 9 50% The Company has designated the swap as a CaSh lbw hedge and has satsfed itself as lo the economic relalonstap between the swap and the vanabity in cash flows from Dasonngs In US dollar 2014 2013 Fair yak* hierarchy Level 2 (544.261) 433985 The hierarchy categorizes the inputs used In vatton techniques into three levels The hierarchy gives the prest anonty to (unadjusted) quoted prices in active markets for identical assets or liable es and the lowest priority to urotservatle inpils F.245 http://cfdocs.btogo.com:27638/cf/drv7/pub/edgar/20 15/07/20/0001193125-15-256461/d78... 7/20/2015 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0058522 CONFIDENTIAL SDNY_ GM_00204706 EFTA01366994