EFTA01366815.pdf
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Amendment #4 Page 386 of 868
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Renova Energy Projects I
Condensed combined income statements for the three-month periods ended March 31,
2015 and 2014 (Unaudited)
Three month
period ended March 31
Amounts in thousands of Brazilian Rears—RS Note 201$ 2014
NET REVENUE 15 59,485 53,931
COST OF SERVICES PROVI CED
Depreoaton (16,782) (18.942)
Operating costs (3.181) (3432)
Charges br use of rimed:Mien system (3.262) (2.343)
16 (23.225) (22.937)
GROSS PROFIT 36.280 30,914
General aid administrative expenses (4.790) (5.055)
Cther operating Income net 93
16 (4.790) (4,972)
OPERATING INCOME 31,420 25,942
FINANCE INCOME (EXPENSES)
Fireirce ircorne 17 5,933 4,332
France expenses 17 (19.035) (18,786)
17 (13.502) (14,454)
INCOME BEFORE INCOME AND SOCIAL. CONTRIBUTION TAXES 17,968 11,438
Income and social contributon taxes 10 (3849) (2936)
NET INCOME 14,119 8,432
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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-0058343
CONFIDENTIAL SDNY_GM_00204527
EFTA01366815
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