EFTA01367202.pdf

Amendment #4 Page 773 of 868 iiMr col con when re cost is ircuried. a d meets the (ego/reneges fa recognition. Depreciation and those asbursemerts for repair and manterence which do not meet re conditions for recogneon as assets are recognized as expenses in the year in which they are incurred Depreciaton n calcuiated one straight-ine basis over the Leeks hoe of each type of asset The remaining value of true depreciating assets. Vie estimated useful fife, and deprecation methods are pence:Wally reviewed by Management and acOstel when necessary at the end of each financei year The estimated useful Was for prockictive assets is established by the Company as the dfferenoe between the dale from which the assets are available for their intended use and the PPA expration date or the assets own estimated useful life. whichever is shorter A treakcbwn of estimated useful Ines is as follows Useful life Icings 17-20 years Machinery and equipment (primarily wind turbines) 20 years Furniture and equipment 3-10 years Vehicles and crane 5-20 years Construction and instaaaton costs are charged to temporary aotouls and subsequently transferred to the respective asset accounts once the works are completed. These works in process include all debursements directly retsted to the design, development and coretructicei of hularigs and others. pus financial costs arirtutabre to the works The present yaks of the expected cost for the decommissionng of an asset after its 'me is raided in the cost of the respective asset if the recosnition criteria for a provision are met A component of property. part, and equpmert is derecognized when t is sold or when the Company does not expect future economic benefts from its use. Any loss a gen from the disposal of the asset, calcUatei as the difference between the net carrying amount and the sales proceeds. is recognized in income in the year in which a occurs 4.11 Impairment of nonfinancial assets The Company assesses re carrying amounts of its ron-current assets at each reporting date to delerinne recbcbons n vane when everts a arcurrstances indicate that recorded values rrey rot be recovered. If any such indcaton exists and the carrying amaze exceeds the recoverable amount, the Company measures the assets a cash-generating ursts at ter recoverable amcxnts defned as the greater of fair yaks less sing costs or the value ri use Resulting adjustments we recorded in the results d the year in which trey are determined 4.12 Revenue recognition The Company measues its revenue from ordnary Bot/ties into the lair value of the benefit recessed or to be received, cleaved from revenue 4.12.1 Revenue from energy sales Revenue from energy saes is recognized n the period in vesch energy a cekvered a me Company customer Revenue from tie electnosy generating capacity is recognized in the penod n which such F-453 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-0058730 CONFIDENTIAL SDNY_GM_00204914 EFTA01367202