Amendment #4 Page 507 of 868 1 am. f &rifler' I. 23 New standards, Interpretations and amendments thereof, adopted by the Conpany The au:curling Noes apped by the Conex.ny• n the preparation of Mese nterim condensed financial statements are consetent with those tipped in the preparabon of its annual Inertial staterrents fix the year ended Detente( 31, 2014 & Cash Mitch 31 December 31 2015 2014 Banks $ 3,463,366 $ 6,312 107 Petty cash 2,047 2,025 3,405,416 S 6,314,132 Restricted cash in banks f 3).(1114 S 228.323 Cash deposited n tank acoons earns interest based on daly rates cletemened by the corresponding banks Cash balance Icr US$33,886 as of March 31, 2015 (2014 US$228.323) is restricted under the firentre documents between Oros) and the Lenders (Note 81 Under the terms or its debt agreements, the Conpany has a woes of restncted bank accounts both 'on-store' In Coate Flea, and also offshore Cash receipts from operators are 'neatly deposited careen? 410 these restncted accounts arc ten based on corrraaLetty agreed provisions are allocated irto a senes of sib- accounts, restricted for specific operational arc other purposes includrg bk.t not hailed to. construction debt servce Meer maintenance. inscrance and shareholders distnbubons Except as expressly provided in those debt agreements the restricted bank accounts are under the control of a trustee and the Company has the nght to withdraw or transfer funds oniy as expressly promoted in those debt ageements 4. Account receivable 2016 2014 Gamesa Well US LLC f 8.603,000 $ — Others 12.026 17.364 $ 8,612,026 $ 17,364 The oastanch ng balances de from Gamesa1A4nd US LLC correspond to trade receivables for delays in the construcbco schedule Nom 2014, Orosl negotiated a Letter Agreement with Gamesa wroth mowed Oros! to invoice US$8 603,000 for 'dewy liquidated damages' per mike 8 of the EPC, while at the wane tine agreeing to pay Gonna 52.0)0.030 assoceled with vinous chang