EFTA01367096.pdf

Amendment #4 Page 667 of 868 yhle iif Commi• (b) Promotion of Investment on *Marlette generation using renewable energy— The Legelatwe Decree N 1002, published on May 2 2008 and the regulation has the purpose of promoting the use of RER in ordet to enhance the quality of ide or the population ard to protect Ille envrorment through the nvestnenl promotion d electron/ generation with the use of RER which is declared of national «crest ard pubic necessity RER are defined as the biomass as well as the wird, solar. geothermal tidal art hydraulic energies (the Latter silery when the generation capacity is less Sian 20 0 MW) Etgible to the provisions of said Legslatrie Decree are the new operatora of compørtes using RER as primary energi. with previous accrentabon before the MEM Electricity generation va RER eryoys giddy in the daily dispatch performed by CCES The production variable cost for the use of RER stall be zero The law and its reg./labors «reduced an auction seerne tor electricity generated with RER The energi required for the auctions teat correspond to the pan c(pation of the eelcratedgeneration wen RER by multiplying the National Consumption of Etecencity, as eslatasned by re Regulation by the percentage estadsred Cy the MEM in which the national ccnernpbon et tectncery generated wee RER must participate. every live yews M) Promotion ofInvestment on electricity generation using water resources and other renewable mouton— I re Legislative Decree N1068 dated June 27. 2C08 ewe:fished the investment promotional framework d elecincity gererabon with the use of RER his encouraging seentifc research and Technctogcal innovation, as well as Die designing or protects tot qualify as nechansrre Cl clean development which upon being granted riled regiStratran can be subted of the negotiation of E mssion Rev:Welted Certificates thereafter 'CER') that can be add to cot-rearms of industnalizedcOuntnes which at trer tun can account sad reductions ol greenhouse gases as part d trier qualitative goals Corornitted utter the Kyoto Protocol This regime benefits the eiectnoly generation based on water resources or biased on aner renewable resources such as wril solar. geothermal bdrøss or tedal which will be:wheel to the accelerated cepreciaticn bereft over the Income Tax Said regme shall tie edged to the generation dads that start operations since the entry tee force of the afOrerrent tined Legislative Decree The acceerated depreciation snarl te applicable to machinery, equipment and civil works necessary for the instatalon and operation of the plant, which ore acquired andlor bull since the miry into force of the Legislative Decree The rate to be applied s 20 percent as global annual rate 3 Surmeily d ;gridcant accounting policies and principles 3.1 Basta ofpreparation and presentation— The financial statemerts have been prepared n accordance with I rtemat onal Financial Repartirg Standards (IFRS) issued by elemet °eel Ate:lotto() Stancbids Board' (hereinafter' IASEr ) The accompanying finance statements have been prepared on a hstoncal cost baps based on the accounting records kept by the Company F-347 hnp://cfdocs.btogo.com:27638/cf/dry7/pub/edgar/2015/07/20/0001193125-15-256461/d78... 7/20/2015 CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0058624 CONFIDENTIAL SDNY_GM_00204808 EFTA01367096