EFTA01367111.pdf

Amendment #4 Page 682 of 868 1.4111r..0.c.91 on, Since As* 1 2015, the Company shall comp,/ wen certain (tercel ratios related to its payment abrity of the debt and to es leverage level, in order to &safe the compliance of its obligator's Tne financial ratios requred to the Company are presented below Required Debt service coverage ratio - From June 2015 Higher than 1 25 Total leverage ratio - From December 2015 Lower imn 7 5 Total leverage ratio - From June 2016 Lower than 7 0 Total leverage tato - From December 2016 Lower than 6 5 Total leverage ratio - From Are 2017 Lower Uren 55 Total leverage ratio - From Decenter 2018 Lower tten 5.0 Total leverage ratio - From June 2019 Lower than 40 (c) On November 14, 2013, the Compere/ °blared a stort-terrn revolving ban from Banco Internacorel del Poly S A A., whose purposewas to Mance the corstruction of the Ruretullo II and Runatilialli Hydroelectnc Rants This loan will be cancelled with the resources from the VAT Refund request that Me Corrpany vie fie to the Tax Authority (d) As of December 31, 2014 aid 2013, the finance' obligations have the !plowing matuntes 2014 2013 Year Si Si 2014 _ 4.434.774 2015 1.674,436 _ 2016 3,275,281 1.951034 2017 9,993,507 3.887.458 2018 11,394,151 5,175534 2019 termed, 154,324,838 97,962,958 180662,184 113,403 758 (*) Based on the fund lbws from the Company's roma] cam-note olizabon actwbes. Management estniales it wa coolie/ with the Weft of this 08690ten within One terms previously established by the Marcel enntes 11. Trade accounts payable As of December 31, 2014, corresponds insinty to accounts payable fce superwsion services and constructon progress of the construction of Runattllo II and III Rinatinzi Hydroelectric Rants As cl December 31. 2013. corresponds mainly to accounts payable for actnsory cornices on the obtararg of the syndicated loan and to the consultancy on the negotiation of land purchases As ct December 31, 2014 and 2013, accounts wade are denominated in Nuevos Soles arc US Dollars do not accrue interests and tes current matinees There have rot been granted any gemartees on these obligations F-362 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-0058639 CONFIDENTIAL SDNY GM_00204823 EFTA01367111