EFTA Document EFTA01367271

Amendment #4 Page 842 of 868 iteblr,a. .Co?M.nts A breakdown of estimated useful lives is follows: Wendel,* AMchirely and efluttinant (Printat wind itibm" ) 20 Years Fun the and equipmeM 540 years Vehicles 10 yeas A corrconent et protect equipment is derecognized when it is sad or when the Company does rot expect Uwe economic benefits from its use My as a gain from the cksposal of the asset calculated as the difference betweenthe net carrying amount and the sales proceeds. is nmognized in income n the year NI which it MONS 49 Intangible assets Untenable assets acquired separately are initially freaskred at cost Folowing neat reccantion. inlangble assets are caned al cost less any accumulated arwtization and any accumulated imparrirent losses, as necessary The Company records as expenses the intangible assets generated irdematy in the year insittech they are rowed except for devetopment costs that are capitaized The useful lives of ',tangible assets are assessed to be either firsts or indefinite The Company's intangible assets have finite useful lives only Intangible assets with finite lives are amortized under the Stragitiline Mellud over the assets' estimated took/ Was, which are perrOdcally revrewed by the Company Expenses for the amortization of irtangde assets are recognized in the income statement of the yearn which they are marred Gains or losses home the derecognbon of an intangible asset are deierrnned by the Company as the difference between the proceeds from sale or asposal and the net carrying arnoultol the elangiate asset, recognizing rem in the reside of the year n which trey are incurred 4 91 Research and cevercpment casts Research cats are expensed as ncurred Development activates involved a pan or design to the constructon of need wind power generaton proems An ineligible asset arising from the developenert phase of a project is fecognzed 4 the Company can demonstrate all of the fon:hying Me tectirecal feasibility of competing the asset so that it will be available for use or sale its intention to complete the asset and used or sell it, its ability to use or sell the intangible asset how the intancide asset will generate probable !Oise economc benefits, one availability a adequate technical and f ',sanest resources to complete the development and to use or Sell the asset, and Cs ability b reliably measure the expenditure attributable to the asset Wing its developmerd Useful We for intangible assets wising development costs is determined based on the PPA term arid arrodizaton cocurs on a straght.lire basis 4.92 Serra concessen a e iumenf The Company, as operator under the PPA, recognizes an intangible asset equivalent to the 00readeratite receivable for the Constrittion of the wind farm (Note 8) This recognition is based on the premises et IFRIC Interpretation 12 Service Corcasson Arrargetnents by shot, Oral does not rove an unconditional cornettist ngM to receive cashes another financial asset in return for the public service provided. Dierg the construction phase of the Prop* Ire intangible asset Is comphsed of advances made to sub-contractors as well as Ire consauction revenue for the COM:Outten senates performed by Orosl, which are measured in accordance with Interrabonal Accourting Standard it Constriction Contracts The flange:* asset will be amod zed over to PPA term once the wind park is available for its intended use F•522 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-0058799 CONFIDENTIAL SDNY_GM_00204983 EFTA01367271