EFTA Document EFTA01367032

Amendment Page 603 of 868 Inpainnent of property. plant and equipment—The Group reviews the carrying amounts of its load and mtangible assets to determine if there are any indications trot the assets mqi: te impaired Ire Group est mates tre recoverable amowe as the higher of its fair value less costs to sell and value in use. Estimated future cash flows are discounted to present value to determine me value in use al the pretax ctscount rate that reflects a cared market assessment rate of the brne value of money and the risks speedo to the asset for which Me I uture cash flow estimate was not adliated Were it is not possible to estimate the recoverable anoint of an individual asset the Group estimates the recoverable amourt of the cash -generating unit to which the asset belongs. e the recoverable amount of an asset (or cash-genereng unit) is estmated to be less than es carrion-9 emotes, the carryng amount of the asset (or casngeneraling uM) is reduced to its estimated recoverable amour* with a correspondrg loss immediately recognized ri pole or loss If a previously recognized impairment loss reverses sometrne in the future the carryrg amount of the asset fa cash-gereraerg unit) is increased to the revised estmate of its recoverable value. avoided trot t does not exceed the carrying amour* that voted have been obtained if no impairment loss had been recognized foe the asset (or cash-generating un) in poor years A reversal cd an impairment loss is recognized rnmedately in income. During the periods presented, the Group dd not recognize arty impairmert tones Cash end Cash Equivalents—in the combined balance sheete, cash and cash equivalents include cash on hand and other srort-term leghly-liquid inoestments with original matinbes cl three months a less. ..Mob are sot:sect to an insignificant nsk of change in value, and are used to manage the Group's short-term obligators Trade Receivables—Trade receivables are recorded at amounts bled fa energy, aque.ted for any write offs and provisions for impairment if necessary Raab-Wed Deposfte—ResIncted deposits represent cash and highly.bcpsd investments maintained at Inancial institdons which are restricted as to their use pursuant to the terms of certain of the Group's torowirgs agreements. Restricted deposit balances win maturity or restriction periods of greater than ore year are classified as non current Changes in the restricted deposit balances are reflected as inyestng acbelbes n the combined statements of cash floors Boirowings—Eorrowings tire recognized indeliy at fair value. net of related issuance and transaction costs Interest is recognized over the period of the borrowings using the effective Irene mideod Accrued and unpaid interest is recorded as pad cd the recorded amount of borrowings Trade Payablee—Trade payables represent obligations to pay for goods or services scoured n de normal course of business, principally consisting d arronts spent on maintenance and operating costs of the Group's power generation plants. Provisions—A minion is reoograed fa present obligations (legal or constructive) as a result of cast events, for which the amount of the obligation can be reliably estimated and it is probable that an outflow d resources will tie required to settle the °legation The anoints recognized as provisions represent the bed estimate of the consideration required to settle the present obligation at the end of each reporting period, taking into account the risks are uncertantes surrounding the obligation When a provision is measured based on the estimated cash flows to setae an obligation, its belying arrocnt corresponds to the present %sake of such cash flows (where the effect of the erne value of money is material) Wen some or el of the economc benefits required to seine a provision are expected to be recovered from a third party. an asset is recognized if, and only if, reimbursement is virtually cedes and the amours can be relabty meaysed F.283 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-0058560 CONFIDENTIAL SDNY_GM_00204744 EFTA01367032