EFTA01366589.pdf

Amendment #4 Page 160 of 868 !Alt of Coontel• Costs of °potations months ended March 31, tin thousands) 2011 2016 Cost of operations 5 441 358 Cost of operions—affeate 725 964 Taal cost of operations 5 1 166 1,322 Cats of opecatcns totaled 51 3 million and Si 2 million for the twee months ended March. 2015 and 2014. respectively an rcrease of $0 1 million Cost of operations- ofMote increased SO 2 mitten dumg Me thee mends ended March 31. 2015 compared to 2014 The increase is primarily due to additional o ratfons and maintenance expenses retied to the solar energy Cisterns that were in OperiOn in thermal quarter 2015 and not in the first quarter 2014 General and administrative expense General and administrative expense totaled S4 5 million and $0 6 million for the three rnontrts ended March 31 2015 and 2014 respective' an rcrease of $3 9 million General and administrative—affnie expense was $3 0 moron and $3.9 rciniCe for the three months ended March 31. 2015 and 2014. respectwely, a decrease of $09 million Depreciation end accretion Depeeost on and &cation expense increased from 51 7 moll font for We three monthsended March 31 2014 to $2 7 mitten in the three maths ended Mara, 31 2015, prirruniy We to depreciation relied to the Eioshof solar energy system plain that was cpeational in the first quarter for 2015 and not n the first quarter of 2014 Interest expense Interest expense was 516.8 million and $3 9 moon for the three worths ended March 31. 2015 and 2014. respectmely, an increase of 512 9 million. The mumse was priman /i eta to an increase in term debt as solar energy systems were constructed Othef Is net Other income net totaled $0 4 melon in the three months ended Match 31. 2015 primarily due to gains on Sotergn CrerCety exchange and interest income earned from test ncted cash accounts Other income, net totaled $1 6 melon in the three months ended March 31, 2014, primarily due to gains on foreign currency exchange Income tax expense Income tax expense was 51 1 million for the Mee mantra ended March 31 2015 compared to an =OM° tax expense of S0.4 melon for me three months ended March 31 2014 name* due to an increase in revenJe not of%et by w benefrt carryforwercis 152 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-0058117 CONFIDENTIAL SDNY_GM_00204301 EFTA01366589