EFTA01367153.pdf

Amendment #4 Page 724 of 868 As of December 31, 2014 and 2013. Me shareholding porticipaton is as follows guelltilps00.1 p-flg lhanhokler GCZ Erergla S A C 15 00 Manuel Menton Alan, 19 30 Istin Amenca Power Per0 S A C 33 54 HSC Holding S A C 35 16 103 00 (b) Legal reserve— Pursuant to to General Act of Corporeciors, rt is requred that a MINMUM of 10 percent of the drstntiAable income of each prod be transferred to a legal reserve up until t eq.els 20 percent of the capita stock The legal reserve can offset losses or be captalized exetng in both cases the mandate of replensh rt The Company records tie appropriaton of the legal reserve when it is approved by the General Shareholders' Meeting Other moms — The SRIretort:ors made statutory reserves and captalpemitrns as part of the development process of the construction project of the Santa Cite I and II Hydroetectnc Plants and Hiesahuan I and II Hydroelectric Plants (d) Retained ening, During 2014 the Annual Shareholders' Meetings agreed the distnbut on of clmclends for tre year 2013 which were approved in tre following meetrgs. Agreed Total amount Agreement date for the Annual Shareholders' Meetings amount Sr. JarlterY 6.2014 S/963 006 9113,608 441124, 2014 uss exwoo 1,122,000 Duty 9, 2014 USS 400,000 1,11e030 October 3, 2014 L15$ 400,000 1 157 COO 4 3743 000 Ties. 'gulden% were entirely MCI by the Conyers/ in January. Apt, Jul' and October. 2014 The Arrant Shareholders' Meetngs Feld on Jure 21, 2013 and Seixerrter 13, 2013, agreed on the dranbution of dmdends of the year 2012 for S/ 1 113,000 and S1.1, 110000,refgecovev mese dividends were entirely pad by the Company in An, arclSeptemter 2013 15 Tax situation (a) The Compeer/ is subject to the Penman tax legislation As of December 31, 2014 and 2013. the statutory Income Tax rate was 30 percent cc the taxable income. after deducting theworkers' prole shrug which is calculated with a 5 percent rate on the taxable income F.,404 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-0058681 CONFIDENTIAL SDNY_GM_00204865 EFTA01367153