(2016) 611041 01-05.1T 4 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806149 Form 1065 (2016) NEXT MANAGEMENT LLC Analysis of Net Income (Loss) 13-3495607 Pages 1 Not income eosS/ GOMM Schedule K. linos 1 Overeat 11. From thoreault. subtract the sum ot Schedule K. I nos 12 thr0141 lad. en

14,863,039. 2,319,987. -211,577. 30,873. 2,139,283. Note: Line 26, column (a), must equal Part I, line 11, and column (d) must equal Form 1065, Analysis of Net Income (Loss). line 1. Schedule h1-3 (Form 1065) 2015 JSA 51.1043 2.000 R66297 1608 14 EFTA00806418 Schedule M-3 (Form 1065) 2015 Page 3 Name of partne

separately to gannets (see Instr.) 105 1791 0 Identify: SEE STATEMENT 3 Analysis of net income (loss) 106 Enter amount from federal Form 1065, Analysis of Net Income (Loss), line 1 106 2139283 Analysis by type of partner A Corporate B Individual (active) C Individual (passive) D Partnership E Exempt org

and 161, not charged against book income this year (itemize): Depreciation $ b Travel and entertainment $ 8 Add lines 6 and 7 9 Income (loss) (Analysis of Net Income (Loss), line 1). Subtract line 8 from line 5 5 Add lines 1 through 4 Schedule M-2 Analysis of Partners Capital Accounts 1 Balance at beginning of year

and 161, not charged against book income this year (itemize): Depreciation $ b Travel and entertainment $ 8 Add lines 6 and 7 9 Income (loss) (Analysis of Net Income (Loss), line 1). Subtract line 8 from line 5 5 Add lines 1 through 4 Schedule M-2 Analysis of Partners Capital Accounts I Balance at beginning of year