EFTA01366801.pdf

Amendment #4 Page 372 of 868 oiumr, 13. Interest Income In US dollar 20 15 Interest on bank ter arees 262959 90,W2 14. Interest expense In US dollar 2015 2014 Interest on borrowings 2.076.130 1.114,457 interest on bank balances 84233 84.983 Asset aocrehon otegation 7 744 — 2,188,107 1,190.440 16. Taxation In US dollar 2016 2014 Major components of the tax expense Deferred tax Reversing temporary dfferences 570.155 185.011 Reconciliation of tax experts* to statutory tax rate Income before income taxes 1,795,091 495,248 Tar at the applicable tax rate or 28% (2014 28%) 502.625 138.670 Tax effect of adjustments on taxable income hicndeatottre expenses 67 530 46,341 Tax expense 570156 186.011 16. Commitments and contingencies Contingent asset The Company is involved in renewatee energy and its tusintss, of generating erectriory from wind and solar power. has teen centred n tent* of the Clean Development Mechanism (CDM) The process allows for the reduoton in carbon °misspent to be convened to carbon Clean after a venticabon process The Cerlfed Emsuan Reductions (CER's) can be sold m the open market no asset has been recorded during the pencds 31 March 2015 and 31 Decanter 2014 as the nunter d CERs have not boen quantifed 17. Operating lease At the reeving date. the Carpal-9 has opt for More note nal and serviltde lease payments over three land leases for the remang term of the leases of 23 years as of 31 March 2015 amounting to. • the greater of 59.997per turbine per year or 2% el gross revenue on the Klipheurrel-Oassefontem Wnd Energy Faerfity • 0 5% of gross revenue on the Ares Solar PV Energy replay • $17.052 per amen on the Konkoonues Solar PV Energy Feebly F.52 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-0058329 CONFIDENTIAL SONY GM_00204513 EFTA01366801