EFTA Document EFTA01367237

Amendment #4 Page 808 of 868 Shle of tautens. 48 Property. plant and equipment Property. pert, and equpmert are slated at acquisition cost less =unstated depreciation and losses die to investment. a any These costs include the cost of replaOng the cony oneritS of plant a equeornent viten the Colt is ineurred. a it meets the requirements for recognition Depreciation and those debasements kir repo, and maintenance which do not meet cue conditions for recognition as assets are recognized as expenses in the year in which they are incurred. Depreciate° is calculated on a straightane basis over the useful life of each type of asset The rerriturang value of the depreciating assets. the estimated uteri./ life. and depreciation methods are permit-ally reviewed by Management and adusted when necessary. at the end of each financial year The estimated useful Wes for productive assets is established by the Company as the dafererc0 between the date fromwhich the assets we available for their intended use and the power purchase agreement exprMton date or the assets awn estimated useful lie. whenever is shorter A treakdown of estimated useful lives is as nalows Meerut Ws Buldngs 20 years Machinery arid equpmerl (primarily wird turbines) 20 years Furniture and equipment 2-5 years Vencles 543years Construction and instalation costs are charged to temporary atones and stbsequenty transferred to the respective asset accounts once the works are completed These works in process relate all debasements directly reteted to tre desert development and constructionof bud:ergs and others, pus Martial costs attritulabe to the works The present vake of the expected cost fa the decornnissionng of an asset alter its use is 'eluded in the cost of the respective asset if the recognition criteria for a prOviSion are met A component of property, plant, and equpmere is derecogrced when ere sold or when tne Company does net expect future economic benefts from its Lae. Any loss a gen from the disposal of the asset, catenated as the difference between the net carrying amour( and the sales proceeds is recognized in income in the year inwhidi t coats. 40 Intangible assets Intangible assets acquired separately are measured initially at cost Following India reccgnbon, emangible assets we carried at cost less any accumulated emendate° and any accumulated impairment losses as necessary The Company records the intangible assets generated internally as expenses in the year in which they are incurred except for development costs that are capitalized Tee useful lives of intangible assets we assessed to be ether lade ce inclefnite Eob only has rtargibte assets with ante useful Imes which are amortized under the straghtline method over the assets esbrnated useful Wes, which are periodcally reviewed by Management Gains or losses from the dereccgmbon of an intangible asset are determined by the Company as the deference between the emceed& from sale or disposal and the net canyng amount of the intanglde asset, rear/zing them en tee results of the year in which they are instated F-465 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-0058765 CONFIDENTIAL SDNY_GM_00204949 EFTA01367237