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Amendment #4 Page 131 of 868 Air Co! eta. (4) Depreciation amottaabcn and aaonston—Represents the impact d the following acquisition KI(i/ wrens On thousands) Amorteabcn due to fair value adjustments to niangible assets 67,996 Depreciationci* to far value adustrrents to properly and equipment and alignment 04 depreciable lives 91 76 Total $9,974 Depreciationof property and equipment is recognized tang a atragl•ine method over the estimated ineful noes of the solar, wadi and hydro.electic energy systems. Mach are 30. 25 and 40 years, respectively, or the *stealth. term of the undedong property lease to which the assets are affixed Amorteabon of the far value acleastrnents to intanglde assets totals 68 0 million due to acquired PPA intargble assets recognized over the terms of such agreenorts over penods ranging from 6 to 24 years The fair vanes adustments of the Aoquisdons- glared° assets were valued penally using a variation of the income approach The estimate d the amortization of the PPA irtangibie assets s presninary. sutra lo change and could vary materially from Me actual adjustment at the time the acquisition s completed The pro forma adjus1merd todepreciate° id $20 million represents the net depreciation of tat fair value aaustmerts for the property arid equfment of the businesses that have been or will be acquired in the Acquisitors and alignment of the depreoable lives to Grobal's accosting polices. The fair values of property and 'warner acquired were valued primarily usng a cost approach and lotted to what is economicasy supportable as molested by an intone approach Under this approach the fair vaue approximates the ore re oast of replacing an asset with another of equvalent ecoromc uiliry a4usted for functional obsdescerce and Price' deprecoton The estimate b ple.rmnaty. subject to charge art could vary materially Fran the actual adustmeM al the trice the acquisition completed The estimated remain-rig useful Wes of the property ar

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