EFTA01366839.pdf

Amendment #4 Page 410 of 868 1able 4 centreI s Core Energy (RF) Proprietary Limited and Erika Energy (RF) Proprietary Limited Unaudited combined statements of cash flows For the three months ended March 31.2015 and 2014 Figures in ZAR '000 March 31, 2016 March 31,2014 Cash Taws Irony( used in) operating actwines Net profit 23.042 8,250 Adsstrrents to reconcile net loss to net cash provided by (used in) operating actretes Far value (Gan) on interest rate swap (6.487) (17,592) Depecsation expense 18,799 Accretion expense 1.148 677 Amortization of debt essuance costs 33 Arnortgatrin of debt OSC0Utt 694 620 Amortizatrin of commitment fees 857 Ircome tax benefit (2,%3) acmes n operatrog assets and habild es Accounts and other reoeNables (6,785) 3,122 Accounts and other peya tees 6 270 (62,022) (515) (58 900) Net cash earned fronV(used in) operating acbvibes 13 718 (66,055) Cash flows from/(used in) investing acUvrties Rirchase of property. part and equipment (576867) Borrowing costscaplakzed (27.649) Change on restricted cash (1 905) 317,832 Net cash used in investing activities (I 905) (286084) Cash flows from hnanong actreibes Proceeds from lorig4errn loans 316.679 RepaymeM of long term bans and interest (67 219) Proceeds from sharectder loans 35.560 Net cash provided/fused in) by hnanong actmles (67.219) 352239 Net (decrease) n Cain and cash equivalents (35 406) Cash and cash equivalents al begnnrg of quartet 147 764 Cash and CaSh equivalents at end or quarter 112 358 Schedule of non-cash activities Adtgons to properly. Pant and equipment from capitalized interest 27.649 Adcflons b property. pant and equipment related to asset retirement ottigabon (ARO) 9,431 Ste aettavereene ern loco/teat 'twee, Rai...twits F.90 http://cfdocs.btogo com:27638/cf/drv7/pub/edgar/2015/07/20/0001193125-15-256461/d78... 7/20/2015 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0058367 CONFIDENTIAL SDNY_GM_00204551 EFTA01366839