gh Ministenal Resolution W072.2012.51EIADM dated February 18. 2012 the Penmen State via the Ministry d Energy and Mines (hereafter 'MEW) awarded the Convent the dente concession to develop eleancgeneratonactwites at the Runettilo III Hydroelectric Plant located in Me Manscal Castilla and Comas dada pronr

. Contingencies In the opinon of Management and its legal EICMS0/13, here are neither arty 'Irritant trels nor lawsurs pending resoanon against the Convent as of December 31 2014 and 2013 Transactons n foreign currency Operators in foreign currency are performed at free market exchange rates As d Dece

wed by Management and °gusted when necessary. al the end of each financial year The estimated useful Ives for productwe assets is estatlished by the Convent, as the difference between the °ate from which the assets are available for their irterded use and the power purchase agreement expraton date or the