consist pnrcpaly el cash and accounts receivable The Company places its cash, conststng mostly of deposes, with high credit waited fnancial retumons Tre Company per-rows periodic evaluabons of the relative credit stardrg of those francs' Waitrons The credit risk in accounts receivable is subetanbally nvbgete

xaton authority is included as part of other accounts recevade or pays de in the statemert of firerc at position 13 New accounting pronouncements Tre Company has deeded not to early adopt Ire following sterctards and irterprelatons that were ssued by the IASS bit are rot effective at December 31, 2014 FR

n results when the accounts receivable are derecognized a marred, as well as tnrough la amortization process, 4.5.3 Impairment of financial assets Tre Company assesses on the date of the statemem of financial postern wnether there is any otrearve evidence that a franca asset or grow of assets is impaired A

t risk Credit nsk is tre risk that a counter party we not meet as otegasons under a Martial instrument or customer contract eaong to a Inertial loss Tre Company is exposed to treat nsk from its operating adrvbeS (pnmanty trade receivades) and from its financing actintee, "'eluding deposes with Darin and linan

f December 31 2013 S 94 659 - S 94.669 As of December 31 2014 S 6.035 S 206.836 9224.920 $437.9$ 10. Fair value of derivative instruments Tre Company uses an interest rate cap to hedge its variable interest rate exposure of the Company's loan with BICSA (Note 11) Under the interest rate cap agreeme