EFTA01367277.pdf

Amendment #4 Page 848 of 868 Tahlr of Commix 6. Cash 2014 2013 Banks $ 9312,107 $ 5896136 Petty cash 2,025 690 $ 5914.132 5.696 f326 Restricted cast in banks $ 228.323 S Cash deposited in tank accotnts earns interest based Co deity rates de:marred by the =responding tanks The cash balance for USS228 323 as of December 31. 2O14 is restricted under the linancirg documents between Energia Eotca and the Lenders (Note 11) Under trie terms of its debt agreements the Company has a serves restncled bank accounts bath 'orsshore in Cosa Rea, and also off-shore Cash receipts from operators are depOseed tiredly into theSe restricted accounts and then based on contractufly agreed provisions are allocated rito a sera of SUbOcOOkets.105triCted foe specific operaboral and other purposes motoring bit not limited to constructor debt service mapr mantenance instrance. and shareholders distributens Except as expressly provided in thOSe debt agreements the restricted bank accounts are under the control of a trustee and the Company has the right to withreaw or transfer funds only as expire.* prmndec in those deot agreetyarts 7. Prepaid sales tax As of December 31. 2O14, the Company reflects an asset for a tots of US$7 153 071 (2013 US$0) in ts financial statements which is related to sales taxes paid Out of trks balance USS7,022 331 relates b taxes tor the import of the generatcn equorrent lot at Project The Campers, bled an appnestan with Ministry of Treasury to obtain tax exempt purchase Orders for I he import of the equipment necessary br the Project sconstructon This applievon. however. was denied Orosi was therefore forced to pay all of the sales taxes for the imports On February 12. 2015 the Company Ned a claim against the State of Costa Rea through an ordinary process fret would Slav for the recovery of Meese tares plus interest In the meantime the Company volt use the taxes pad as tax credts to te onset against taxes collected from the sate of energy Because the Company tekeves that it is prototle that it wit ultmate recover such prepaid sales tax amounts. it has reflected these amourts as a p'epad amount in its financial statements and not as an incremental oamponent of the project constructor 8. Intangible assets As indicated in Note 4 8 2. the Company accounts for the COnSINCOOn of the wind park under the intangible asset mcde' cortemplated in IFRIC 12 Corestnxton of the wed park began in December 2013 The intangible asset balance as of December 31* as follows 2014 2013 Construction revenue donng Chnstn,Cbon revenue &sing 2013 4.752.937 4,752,567 Restoration Obligation (role 15) 234.793 Advances to the wind pork subcontractors 14,193,096 $ 99.508.733 S 18 945 083 Construction costs in the year 2014 associated to revenue amount to USS93 787,828 (2013 USS4,718.125) F-528 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-0058805 CONFIDENTIAL SDNY GM_00204989 EFTA01367277