EFTA01367114.pdf

Amendment #4 Page 685 of 868 CI) As d December 31, 2014 and 2013. the Company presents tax losses amourting to St 13553,742 and S/ 3304.388 respectively. Management will assess at the dosrg date of each year the evolution of main conditions and iegislation in effect in ceder to determne whether a deferred income tax asset nisi be recogneed at ewe moment In accordance with the estabbshed by the Income Tax Ow and its amendrrents, entities established in Peru are able to opt between the two 1c/towing methods to carry forward their tax losses. (0 The lax loss can be Oriel with future rcome until es final e4irchon by applying sad loss dell 50 percent of the taxed* income. or (ii) The tax loss can be used up until bur years after being generated TM Company has chosen method fa). We shoe below the composition d the tax loss carryfonvard for the years 2014 and 2013. 2014 2013 8$. 3/. Loss before income tax (11,151.079) (2,345,026) Non-teactible expenses 901,725 8,962 Tax Ion of the year (10249.354) (2,366,084) Tax loss d previous years (3,304 398) (968.324) Tax Ion carry/ore/an (13553742) (3304,388) 16. Cost of generation Followng a the =poster, of tet caption 4 2013 sr. Operating. admin.:Mein and maneenance costs, rote 19(4) 502,567 — Depreciation note B(a) 215,887 — Venous rnanagernert Crefges 187,319 — Taxes 30,424 — Other 20111 — 956,308 — 16. Administrative expenses We show below a composition c4 this caption 2014 2013 31. Other servces rendered by (turd partes 703,531 151,559 AdmnstratNe and maintenance servces rote 19(4) 575,983 401,052 Aonsory and consultancy 133217 50,429 Other expenses 40,143 25.704 1.452874 628.744 F.365 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-0058642 CONFIDENTIAL SDNY_GM_00204826 EFTA01367114