EFTA Document EFTA01367172

Amendment #4 Page 743 of 868 dAe .d Col ant Annus! inprovements 2011-2013 Cycle In the 2011-2013 annual improvements cycles Me IAS8 issued fors arnendrnents to far standards, which included an amendment to IFRS 1 First-rite Adcoaco of international Financlat Reporting St31118g1S The aMendnient to FRS 1 is ef feCtwe immediate/ and. Pita br periods begnnng at January 1. 2014 and dances in the Bass br Conclustins mat an entity may Charifie to app/ attic a current standard or a new standard that is net yet mandatory. but permits early application, provided eater standard is applied consistently throughout the periods presented in the entity's first IFRS finanCsal statemerts 4. Summary or significant accounting policies 4.1 Currency and foreign currency transactions 4.1.1 Functional and presentation currency of the financial statements Ptantas Edicas adapted the US dollar as the functional and presertaton currency wee ft betlei reflects the events and transactions performed by the Company. Adoption of the US dollar as !undone' currency was based on the folowing facts rcorne from energy capacrty S generated in dollars some obligabons are denomirefed in dollars and carton operatng costs and expenses are also incurred in that twenty. Information related to exchange regulations and asks R deluded in Note 17. Considering trot the accounting records we kept in Costa Rican colons, and that the US dollar was adopted as the li_nctowal oreroy assets and liabilities denomnated in foreign currency were translated irto tie Marcel statements' firtitiOnal Currency using the exchange rate ruling on the date of the statement of f fiance, position. Non monetary items measured on a hstoncal cost base were converted on the date of the statement of financial position using the exchange rate ruing on tre original transaction date Inowne and expenses are corweited at tie exchange rate in effect on the transaction date 4.12 Transactions ki foreign currency Transactions n foreign ctrrency, any annoy direr then toe functional currency, are recorded at the exchange rate ruhrg oaths transaction date In determining is fnancial station and operatirig resit the Company appraises and actusts its assets and liatilises derwronated n forest) cuvency at the exchange tale ruling on the date of ens valuation and determination Exchange differences resulting from the application of terse procecures are recogneed n me results of the penod Inwhich they OGG'S 4.2 Cash Cash is cornpreed of cash on-hand and m banks For purposes of We statement of cash flows cash is presented net of bark overdrafts, if any 4.3 Financial instruments Tre valuation of tre Company's Arendt/it inset/neat Is oeterminecl usirg the amorezed cost or far value. as eel red below Amortized coal—The amortized cost Is etiolated using the effedwe interest method less any allowance for impairment The calolatcn takes into compfleration any award or dsoount In t re acquisition and iitudes the transaction costs and fees which are an integral part of the effective interest rate F.423 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-0058700 CONFIDENTIAL SDNY_GM_00204884 EFTA01367172