EFTA01366998.pdf

Amendment #4 Page 569 of 868 taterJecoelF.el• M asset retirement obligator, of $0 41.1 was recorded in 2014 from the construction of property, plant and equorneed, due to a contractual obligawn to remove all structures and other investments from the leased property n such a manner Mat normal farmrg operators can be conducted ion the property The major parts of the carrying amount of the obligation relate to disposal of tower sections. removal of fete( grid Misdate matenal recovery and MV cable marathon. The Company determined the obligations, based on detaled estimates, adjuated for factors that an outside third-party world ccasder e intlabon overhead and prof*). escalated to the estimated closure dates arc than discouMed useg a creclt-adjusted nskdree interest rate of 13% The Company los the othgabon to remove the wind turbnes and related egupment from the property at the end of the lease period The remanng lease periods 23 25 years at 31 December 2014 The accreton of the lately arid the arronization of the property and ecsepeneM wit te recognized over the estimated lives of the assets 9. Accounts payable In US dollar 2014 2013 Trade payables 3689 723 10,437,919 Trade payables are otagatons to pay for goods or senoras that have been scoured in the ordinary course of business from suppliers Trade payables relating to the Engneer. Procure and Construct ('EPC') contractor amourling to $3 7M will only te pad upon final cons:Mon of the project and are included in trade payed°, at 31 December 2014 Daring 2013 the Conparry was In the oonstrudion phase and the rreprity of payables related to the EPC contractor payments 10. Revenue bus dollar 2014 2013 Sale cf electnthy 21.031.872 Revenue is generated from the sa'e of electricity in South Afnca to EekOm Holdngs S0C Unted The Camper,/ has Power Purchase Agreementswilt Eskom iiddngs S0C Untied backed by We Government of the Revd:loot South Afnca each for a period of 20 years alter the scheduled Commercial Operation Date 11. Interest income In US dollar 2014 2013 Interest on bank balances 853 805 X896 12. Interest expense U.S dollar 2014 2013 Interest on borrowings 8,539.144 — Interest on bank balances 1.410 1.028 Asset rot remere obligation accretion 17,888 — 8,668,440 1 028 F-24a 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-0058526 CONFIDENTIAL SDNY_GM_00204710 EFTA01366998