EFTA Document EFTA01367102

Amendment #4 Page 673 of 868 latils.atfloSseit Lana is not depreciated Depreciator) is calculated following Ire straight-lore method using Ire fors:ming estimated useful Wes Yews inkergs 45 Machirery and eq.npment as The asset's residual value mufti lwes and depreciaton methods are reviewed at each reposing period, and adjusted prospedNehy if appropriate An item of property, pant and equipment or a signecant component is removed upon disposal or when no future economic benefits are expected from es use or disposal My gain or loss arising on derecoginion of the asset (osculated as the difference between the ret dsposal proceeds and the carrying amount of the asset) is included n the statement or comprehensive income in the year the asset is dereccgraed Work in progress includes expenditures for buiding. f naming costs. and other deed costs accrued skimp the construction phase Work in progress Is captained when completed and deprecialon is calculated from the time they are able to be used. The criteria for captaining borrowing costs and other cored expenses are, • To capitalize borrowing costs, the Company denies the sat:sites related to the work and determines the snood of interest to be captained according to the average nvestment held each month as work n prowess • To capitalize the direct staff costs the Company identifies each of the areas devoted 100 percent to pannng implementation and management, and cfnerrreres the percentage of time for pa 'Wine areas which is applied to the employee costs in these areas (e) Intangtas assets— Intangble assets are recorded at cost and are presented ret of acoandated amortization. Am:duration is recognzed as an expense and is determined using the straight-Ine melted based on esteneed useld Yves of assets which has been estimated between 5 and 10 years. The estimate ct the used lee is reviewed pencdrally to ensure that the amortization period is consistent with the expected pattern of future econornc Wrens from these assets (0 impayrnent d long.ffited asset s— At the end of each year end the Company evaluates d Mere are indicators that an asset could be evinced If there is an indcates The Company prepares an estimate of the recoverable amount of the asset when events a canon's< changes ocur that indicate trot the value of assets may be impaired. or when it is required to perform tie amual asset impainnent lest. The recoverable tinIC*1 of an asset a the geater of the fair value of the unt cash of pirodicton less tte costs to so are its value in use. and it IS determined fa an individual asset. unless the asset does not generate Cash DOM. in an independent manner When the book value of an asset exceeds is recoverable value. an asset a considered impaired and d reduced to its recoverable value In assessing value in use tne estimated filure cash flows are *Started to thee present value using a pre-tax discount rate Met reflects current market assessnents of the time value of F-353 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-0058630 CONFIDENTIAL SDNY_GM_00204814 EFTA01367102