Amendment #4 Page 549 of 868 ASU No. 201409, Revenue from Contracts with Customers (Topic 606) In May 2014 we FASEI issued ASU No 2014-09 Revenue from Convects with Customers werch requires an entry to recognize the amount of revenue to which it expects to be ertrtled fa the transfer of promised goods or servtes to CuSI Men ASU 2014-09 wiz replace meet ersbng revenue recogntion outlets:ern U S GAAP when rt becomes effective ASU 2014-CO is effects.° for us an January 1, 2017 Early applcalcn is not permitted The standard permits the use el either a retrospective or cumulairve effect trans-bon method We love not determined which transition method we wi adopt. and we are anent?? evaluating the impact that ASU 2014.09 we have on our anneal statements and related disclosures upon adoption ASU No. 201416, Subtonic 206.40, Presentation or Financial Statements—Going Concern (Topic 718) in August 2014, the FASB Reuel ASV No 2014.15. Presentation of Finance! Statements—Going Concern (Subtopc 205.40) Disclosure of Uncertainles about an Enbty s Ability to Continue as a Going Concern, which reg.,res management to evaluate, at each annual and fetish reporting penod whether there are conditions or events that raise substantial clout( about the entitys ability to continue seagoing concern warn one year after the date the Mondial statements are esusol and to provide related disclosures ASV 2014-15 is effectwe for us for our fiscal year ending Decanter 31, 2016 and for reran perads thereafter We are cuTently evaluating the sweet of this standard on our financial statements. 3. Property and equipment Property and equcment corsets of the foliowirg In Ifflt As of December 31, 2014 2013 Land (Refer note 8) 89,308094 69336894 Solar energy systerns 2227,362,376 2.227.353 769 Total property and equipment. at cost 2 296.671.270 2,296,662 663 Less accumulated depreciator (140 377.562) (66.012 090) Total property end equipment, net 2,168,783,706 2,230360,673 D