EFTA01366938.pdf

Amendment #4 Page 509 of 868 in. 7. Fair value of derivative instrument Tr° Company uses interest rate cap to hedge its variable interest rate exposure on a portion of the COmPanye loan with BICSA (note 9) Ueda, tie slereSt rate cap agreement connoted by Me Company on February 11 2014 4 receives a fixed interest rate and pays interest at a variable rate on Me notional wads The derivative finarcial instrument has been designated as a hedgng instrument and has been assessed to be eigNy effectme as of the date of the financial Statements AS of March 31. 2015 the fair value of the interest rate cap amounts to US5321.288 (December 31. 2014 US$426,296) and the change in fair value was a loss Sat USS105.008 TM main crerecteristics d tie cap agreement are as bnows Effective date 25-Apn2014 Termination date 25-Oct-2028 Maximum not ores amount US$19,526,000 Fixed cap interest rate Between 2 50% and 4 75% Variable interest rale US Libor . BM • 8 months 8. Balances and transactions with related parties T re reefed parties %ohm-yam zne company maintains balances and performs transactions are entities under the common control of the parent compare. Globeleg Mesoamenca Energy Wild) Limied A breakdown of these account payable balances and the respects* tents and conditions is as blows 2016 2014 Notes and loans payable AdministraciOn de Energies Renoyables $ A $ 18,103439 S 18,222 757 Accounts Payable Penes Edicas. United 252 Matunty terms la amounts payable to reelect parties entered up to 30 days frcen the corresponding smokes' issue dates, and are not strnect to any dsccunts for early-payment A breakdown of transactions performed with related parties is summarized below 2016 2014 Various ccostristkon case capitalized to the Protect TCR Holdings S A af S 240,000 $ 1,180,786 CR Operacenes y Martenimentos S A la/ S 26181 $ 72,387 Administrao0n de Energies Repayable& S A Cl S $ 71,429 Erergia Selma de Honduras, S A 4.489 Firence costs Adminntrao0n de Energies Reriovables, S A. (Note 11) S S 720,388 Professional semces — egte-ise TCR Holdings. S A at S — S 600000 al The Company and TCR Holdings. S A. entered into a Management Services Agreement whereby Orosl engaged TCR to perform the (diming services- Gripe iee,ing technical /Weft. conetaithall F-189 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-0058466 CONFIDENTIAL SDNY GM_00204650 EFTA01366938