EFTA01366596.pdf

Amendment #4 Page 167 of 868 Cash flow discussion We use traditional measures of cash now. including net cash relded to operating investing and financing actraies. as well as cash avarabie for detnbution to evaluate our mock cash flow results awn months endedMash 31, 2013 compared to three months endedMath 31, 2014 The folowirg Cade reflects the changes encash noes for be comparatrve periods For the three months ended March 31. (In thousands) (unaudited) 2014 2016 Chan Net cash prcmded by operatirg at:rotes $ 24,562 5 1374 5(23,188) Net cash used in investing actmtes (64920) (52494) 12,426 Net cash provided by financing actrates 48.130 37.949 (10,181) Effect of exchange rate charges on cash (2.396) (617) 1,779 Total S 5376 .5 (11788) 5(19.165) NW cash used byoperating activities The change to net cash provided try operating acmes e primarily driven by the timirg of cash payments on amounts cue to our parent anti affiletes for reinstkrsement of operating expenses paid by our Sponsor or its agnates Net cash usedby tmesting activates The change to net cash used by investing actubes n dnven by capital expenditures related to the construction of solar energy systems and charges in restricted cash and 03Sh COMMIIMO for construct.", in accordance esti the restnotions n of debt agreements Not cash providedby &lancing actIvides The change in net cash provided by financing actintes a parrenly &men by proceeds from project constructon and term debt forenoon° arrangements and net investments from our Sponsor. Veer ended December 31, 2014 compared to year ended December 31, 2019 The foe:morn lade reflects the changes in cash :Oh, fa the comparative periods For the year ended December 31, (In thousands) 2013 2014 Change Net cash provided by (used in) operating actenties S (18972) 5 15,060 S 32032 Net cash used in investing emotes (101.953) (231.853) (129.910) Net cash provided by financing actrolies 118.639 365.519 246.880 Effect of exchange rate changes on cash (576) (1728) (1,152) Total S 862 5 146,998 5 147 880 159 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-0058124 CONFIDENTIAL SONY GM_00204308 EFTA01366596