Amendment #4 Page 626 of 868 1 able of Cont.-nit Core Energy (RF) Proprietary Limited and Erika Energy (RF) Proprietary Limited Combined statements of cash flows For the years ended December 31, 2014 and 2013 Figures in ZAR 4000 December 31, 2014 December 31, 2013 Cash floes frormused in) cperging whines. Net loss (76 ON) 173 6941 Adjustments to reconcile net loss to net cash provided by fused in) operating IICINibt, Far value traeJ(gan) on Interest rate swap 27 706 198821 Deprecation experse 29 325 — Accretion expense 2707 — Interest expense accrued 69415 Arnorldaten of de suance costs 2 751 561 Arnorldabon of deferred financing cogs 1 202 13 760 Tax experse 11 048 2790 Granges n operating assets and Itabill es Accourts and other receivables (71 831) (16 0481 Accounts and war payables 116 789 (111 7971 44 958 (127 8451 Net cash earned fromAused in) operating actanbes ash flows fromliuried n) investing activities. 113014 (1943101 PUrChate of property, part and equipment (1 476 672) (477 5601 Ramming costs pact capitalized to property. paint and equpmert (96 376) (19 0311 Change ri restricted cash 1 032 220 (1 020 3321 Net cash used in investing activities (540 8281 (1 516 9431 Cash flows from finanong whales CaltlIblitiOn* Iran tweets* 35 517 Proceeds from long-term bans 535 725 1 444816 Repayment of long term tans (10 837) Proceeds from shareholder loans 50 690 230920 Net cash provided by financing whales 575 578 1 711 213 Net Increase in cash and cash nein/stens 147 784 Cash and cash equivalents at begnring of year Cash and cash equivalents at end of year 147 764 Supplerrental disclosures ass paid for invest including amounts capitalized 164 763 37 263 Cain paid for noon* taxes Schedule of non-cash activities Matons b property, part and equipment in accounts payable, accrued exPlnees and Other current habhbee 56 628 223 954 Accmcme b property, sant and equipment related to asset