EFTA01367240.pdf

Amendment #4 Page 811 of 868 our of town'. 414.3 Sales tax Revenue from sales is recorded by the Company net of saes tax, and a lability es recospized in the statement of financial position for the related sales tax amount Expenses and assets acquired are recorded by the Company net cr sales tax if the lax autronties credit these taxes to the Company, recognizing Ire accurniated amount recelvable in the stawmen d financial posit CC When Me sales tax incurred es not retoverable, the Company ncludes if webs, the expense or asset as applcaMe 4.15 Opeeafing Moses The Company Inds ands for Ire PrOfftf under lease agreements with third panes Leases in when the Company. as lessee, does not substantially retain all nsks and benefits incdentai to asset ownership are considered operating leases Payments on these leases according to rates established in ale respective contracts, are recogneed as expenses over me iease term 416 Significant accountingJudgments, estimates, and assumptions FirercaI statement preparation Offiaft'S µanagement to make judgments. estimates and assumptions affecting reported amounts of revenue, expenSeS, assets and realities and to disclose co-tinged Mantes as of the reponse; date However, uncertainty about these assunµtons and tamales could result noutcones Mat rewire an °dustmen' to the carrying amount of the asset or 1i/bitty affected in Mite penal. 416.1 Judgments in applying the Company's acccurting colic:les. management hie Med Ile blowing;Arent. apart from toile implied in the estimates. which has an effect on the 'moults recognized in Me financial statements Opting Inv The Company's commercial activities include the tease of land on which the Pruett was established Based on an evaluation of the terms and condtiore of (tie signed lease contracts, the Company has determined that it does rot retan the risks and rewards d the leased properties, therefore. it has classified the lease contracts as operating leases. Development costs The Company capitalizes development costs for a point in accorcerce with the scone% policy. tribal captalzaton of costs a based on management's judgment that technological and economic feasibility is confirmed, usually when a product developmerd pirceact has reached a defined milestone according to an established project rreregemert model In determnrig the amounts to be captaized, management makes assumptions regarding the expected future cash generation of the dosed discount rates to be applied and the expected period of benefits 416.2 Estimetes en, essumpdcne The main assumption related to future events and other sorties of estrnates subject to variations as of the reporting date, when due to thew nature cony a risk of ca Laing acaustrreNs to the asset and hablay annals in next year's financial statements, is presented below impairment ofnon-financial RUINS The Company estimates oat there are no mdcatorsof immanent for any of its nonananoal assets as of the reporting date F-491 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-0058768 CONFIDENTIAL SDNY_GM_00204952 EFTA01367240