EFTA01366846.pdf

Amendment #4 Page 417 of 868 tern7int and December 31 of each yew If any portion of the available commenent under me fealty is canceled, the corrnumere fee is payable on any canceled amount at the erre the canoetatcn is effective Canrrnment fees are deferred and amortized on tests dung tre availadlny penod As at March 31. 2015 and December 31, 2014, deferred Inancing costs COMM of Mich 31, December 31, Figures in 7AR '000 2011 2014 Curent 150 150 Non-arrert 1.435 1472 1,603 1,622 Arrortreabon of debt issuance costs arnaurded to R37 050 and R33 279 for the ttvee months ended March 31, 2015 and 2014 respedwely ArroftirabOn of commtment fees amoureedto Rral and R856 860 for the three months ended March 31 2015 and 2014 respectaely. 8. Derivatives As pert el the Operating Enbbes' nsk nismigement strategy. Core arc Enka separate/ enterer into interest torte swaps to mibgase interest rate exposure Interest rate swap agreements are ended et order to economical), hedge the vanabley of Operating Entities' expected fine cash interest payments, era are not utilized for speculative purposes, These swap agreements were initiated in November 2012 conc.-trent with the inception ot the term loan facilities with Standard Bank Because Mese hedges are deemed economic hedges and not accounted for under hedge account% the changes in far value are recorded in operations The fair value of interest rate swaps at the end of the reporting period is determined by discounting the future cash flames usrg the curves at the end of ths reporting period and the credit risk nherent in the contract Fa the periods presented derivative transactons consisted of the following Notional amount Fair value at Balance sheet March 31. December 31, March 31, December 31. Figures in ZAR 100 classification 2016 2014 2016 2014 Derivative not designated as a hedge rterest rate swap Current Its tyldes—Denvatrves 1 715 252 1,721.031 (12,276) (18.763) Fair value Notional amount movements Statement of operations and comprehensive March 31. March 31, March 31, March M. Figures in ZAR '000 Income classification 2016 2014 2018 2014 Derivative not designated as a hedge Merest rate swap Gain on dernatares 1.715.262 2,458.546 6.487 17,592 The notonal amount represents the exposure at the reporting date which vanes based on charges in the loan profile F-97 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-0058374 CONFIDENTIAL SONY GM_00204558 EFTA01366846