EFTA01367250.pdf

Amendment #4 Page 821 of 868 cpnr, ni 14. Accrued expenses and other accounts payable 2014 2013 Saes tax 9282,636 5 #05:00 Social security withholcIngs payable 75,986 46 804 Employee borriS eretlements 40,409 — Erreering, procurement and consbuction contract accrual (Note 20.3) — 504 226 Others 6,179 76.408 6 404,109 5 1,333 138 Accrued expenses and other accounts payabe are interest free. am not subyect to any discount for early payment. do rot generate fate charges and their maksity torus are generally less ran one year Engneering procurement and construction contract accrual were payables related to of the Protect for which contractor invoices had not been receael as of December 31 2013 16. Decommissioning provision The Company has recognized a proveion for deconenssioning °Woolens associated with As wind farm In determet, the far value of the provision, assumptorn and esters:des are made in relation to discount rates, the expected cost to dismantle and remove the plant from the site and the expected timing of Mose costs Eolo estimates that the decommissioning costs would be realized in 18 years time upon the exprabco of the PPA The Company catulates the provison using the discounted cash f /7sv method based on the foIcnving assumptions a) estimated range of cost pet wird turbine. and b) discount rate Tre rollforward of the decommissioning and restoration provisions is as follows 2014 2013 Balance at beginning of yew 6238,184 6270.750 Unwinding of descourt and changes in the discount rate 81,644 (32 566) Balance at year end 3319.728 5238 184 16. Income tax The Company is subject to the payment of income tax Therefore. A annually prepares and files es fax return with the corresponding wAhonties The income tax rate in effect for the fiscal years ended December 31 2014 and 2013 was 30% The a mini income tax shall be sublect to a mntmum definite payment that shall be made though a*eance payments equal to 1% or the gross rronlhry rearm The income tax paymer4 shall be the greater of the minimum dearrte payment or 30% applicable to the taxabre base However. Colo was granted a seven-year exemption on corporate income taxes starting on 14a/enter 12, 2012 F.501 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-0058778 CONFIDENTIAL SDNY_GM_00204962 EFTA01367250