Energy (RF) Proprietary Limited Notes to the combined financial statements For the years ended December 31. 2014 and 2013 1. Nature of operations The Operating Entities (the *Operating Ensues') as used in the combined financ.al statements compose the ent ties Isted below and the' solar energy systems • Core Energy (

Amendment #4 Page 633 of 868 liehk ofcelSefen The Operating Entities recorded clepteoaton expense related to property. plant and equipment of R29 324 589 and Wiz for the years ended December 31. 2014 and 2013. respect

s that are legal)/ restricted for the purpose of settling the asset retirement oblgaticns as al December 31, 2014 and 2013 14. Power energy revenue The Operating Entities entered into PPAs with Eskom a state owned entity in accordance with the PPAs, the counterparty acquires the lul output generated by the pant on an