Epstein Secrets

ird patties The prqect entities In China. I roe South Africa, Uruguay and Thailand are majority-owned subsd ones ol the Parent The project enter. in Malaysia are 48% owned by a subsidiary of the Parent and 52% owned by an investor unrelated to the Pettit Each of the project ewes is controlled either throu

e South Africa, Uruguay and Thailand are majority-owned subsd ones ol the Parent The project enter. in Malaysia are 48% owned by a subsidiary of the Parent and 52% owned by an investor unrelated to the Pettit Each of the project ewes is controlled either through voting or variable interests and therefor

ixed rate loan with interest at 56% Principal and interest is due and payable co the matunty date ci the bean debt, which is July 2015 Tenn debt for Malaysia consistsof vanable rate loans with interest rates that are tied to the Kuala Lumpur Interbank Offered Rae ('HUBDR') The retest rates on the term deb

lar energy projects Trough Weed entity specific debt secured by the woad entity s assets (primarly the solar energy systems) with ro recourse to the Parent. Typical', mese financing arrangements provide for a credit facility used for construction, which upon completion is converted into term debt As of

third panes The project entities in Chre. Into, South Atria Uruguay are Thailand are rrejonly-owned sob educes of the Parent. The project entities ri Malaysia are 48% owned by a subsidiary of the Parent and 52% owned by an investor uwelated to the Parent Each of the project entities is controlled either th

the solar energy generated to third panes The project entities in Chre. Into, South Atria Uruguay are Thailand are rrejonly-owned sob educes of the Parent. The project entities ri Malaysia are 48% owned by a subsidiary of the Parent and 52% owned by an investor uwelated to the Parent Each of the projec

ome tax expense (benefit) mallets <I the fobowing (n thousands) Year ended December 31, 3)14 Current Deterred Tetel tree 5 239 $ 623 1,052 Malaysia — 282 282 South Africa — 235 235 China — 121 121 Taal 5 239 UM LI,00 Year ended December 31. 2013 Urtted Stales $ — 5 (1.8643)

sn method may result in differences Wen comparing anoints allocated lo the Company's carve-out tax prov son to historical mnsoldated provison of the Parent. Deferred tax assets and liabilities are recognized for the hive tax 03(Iseqtonces sttrit,Asble to differences between the ?mantel statement canyeg