EFTA01367161.pdf

Amendment #4 Page 732 of 868 shit re Coreene. F 'ranee r instruments et fixed rate The far value of financial assets and kablities at fixed rate and amortized cost is deterrnined by companng market interest rates al the name.( of their nate recognition web the current market interest rates related to similar enamel instruments These instruments are classified into Levet 2 of the fat value hierarchy Financial instruments nett at far value. Tne Company carries at far value oNy derivative financial instruments as explained in rote 12. considered at Level 2 of the fair valve hiererctv On the tests ce the criteria delenbed above. Management estimates that there are rot signifcant differenCes between the book value and the fair value of the Company-. financial nerurnents as of December 31, 2014 and 2013 Following is shown a con-parson by category of catryirej amounts and fair values of &gimbal instruments of tne Company presented n the firencal statements. Book value Falr value 2014 2013 2014 2013 814000) S/4003) S1.(000) 9/.(000) Financial Ilabletles Loans and borrowings Fixed rate loans 120392 121 337 140 482 139,044 Total 120392 121337 140,482 139,044 On the basis of the criteria described above. Management imamates that there are nal significant deferences between the book value and the fair value of the Company's financial nstruments as of December 31.2014 and 2013 25 Subsequent events Between January 1, 2015, and the issuance date of the present financial statements May 7, 2015, there have not been any sgrilicani subsequent events Cl fnancelaccounting retire that could affect the reerpreghon of the present financial statements 26 Addlonal eglanabon lot encash translation The accompanying financial statements are presented on the base of International Financial Reporting Standards Cease, accounting practices tippled by the Company. that conform with Internatorial Francial Reporting Standards may defer in certain respects from generally accepted accounting pre"cpies in other countries In the evert of any clisorepancy. the Spanisnlangage version prevails F.412 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-0058689 CONFIDENTIAL SDNY_GM_00204873 EFTA01367161