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<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.4. Borrowing costs</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Interest costs incurred in the construction of any qualifying asset are capitalized over the period required to complete and prepare the asset for its intended use. A qualifying asset is an asset that necessarily takes a substantial period of time to get ready for its internal use or sale, which is considered to be more than one year. Remaining borrowing costs are expensed in the period in which they are incurred.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.12. Loans and borrowings</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Loans and borrowings are initially recognized at fair value, net of transaction costs incurred. Borrowings are subsequently measured at amortized cost and any difference between the proceeds initially received (net of transaction costs incurred in obtaining such proceeds) and the repayment value is recognized in the consolidated income statement over the duration of the borrowing using the effective interest rate method.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Loans with interest rates below market rates are initially recognized at fair value in liabilities and the difference between proceeds received from the loan and its fair value is initially recorded within “Grants and Other liabilities” in the consolidated statement of financial position, and subsequently recorded in “Other operating income” in the consolidated income statement when the costs financed with the loan are expensed.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.18. Provisions and contingencies</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Provisions are recognized when:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">there is a present obligation, either legal or constructive, as a result of past events;</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">it is more likely than not that there will be a future outflow of resources to settle the obligation; and</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">the amount has been reliably estimated.</font></div></td></tr></table><div style="text-align: left;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Provisions are initially measured at the present value of the expected outflows required to settle the obligation and subsequently valued at amortized cost following the effective interest method. The balance of Provisions disclosed in the Notes reflects management’s best estimate of the potential exposure as of the date of preparation of the consolidated financial statements.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contingent liabilities are possible obligations, existing obligations with low probability of a future outflow of economic resources and existing obligations where the future outflow cannot be reliably estimated. Contingences are not recognized in the consolidated statements of financial position unless they have been acquired in a business combination.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Some companies included in the group have dismantling provisions, which are intended to cover future expenditures related to the dismantlement of the plants and it will be likely to be settled with an outflow of resources in the long term (over 5 years).</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Such provisions are accrued when the obligation for dismantling, removing and restoring the site on which the plant is located, is incurred, which is usually during the construction period. The provision is measured in accordance with IAS 37, “Provisions, Contingent Liabilities and Contingent Assets” and is recorded as a liability under the heading “Grants and other liabilities” of the Financial Statements, and as part of the cost of the plant under the heading “Contracted concessional assets.”</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.7. Derivative financial instruments and hedging activities</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Derivatives are recorded at fair value. The Company applies hedge accounting to all hedging derivatives that qualify to be accounted for as hedges under IFRS-IASB.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">When hedge accounting is applied, hedging strategy and risk management objectives are documented at inception, as well as the relationship between hedging instruments and hedged items. Effectiveness of the hedging relationship needs to be assessed on an ongoing basis. Effectiveness tests are performed prospectively at inception and at each reporting date, following the dollar offset method.</font></div><div style="text-align: left;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Atlantica Yield applies cash flow hedging. Under this method, the effective portion of changes in fair value of derivatives designated as cash flow hedges are recorded temporarily in equity and are subsequently reclassified from equity to profit or loss in the same period or periods during which the hedged item affects profit or loss. Any ineffective portion of the hedged transaction is recorded in the consolidated income statement as it occurs.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">When interest rate options are designated as hedging instruments, the intrinsic value and time value of the financial hedge instrument are separated. Changes in intrinsic and time value which are highly effective are recorded in equity and subsequently reclassified from equity to profit or loss in the same period or periods during which the hedged item affects profit or loss. Any ineffectiveness is recorded as financial income or expense as it occurs.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">When the hedging instrument matures or is sold, or when it no longer meets the requirements to apply hedge accounting, accumulated gains and losses recorded in equity remain as such until the forecast transaction is ultimately recognized in the income statement. However, if it becomes unlikely that the forecast transaction will actually take place, the accumulated gains and losses in equity are recognized immediately in the income statement.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.8. Fair value estimates</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Financial instruments measured at fair value are presented in accordance with the following level classification based on the nature of the inputs used for the calculation of fair value:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Level 1: Inputs are quoted prices in active markets for identical assets or liabilities.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Level 2: Fair value is measured based on inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices).</font></div></td></tr></table><div style="text-align: justify;"><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Level 3: Fair value is measured based on unobservable inputs for the asset or liability.</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In the event that prices cannot be observed, the management shall make its best estimate of the price that the market would otherwise establish based on proprietary internal models which, in the majority of cases, use data based on observable market parameters as significant inputs (Level 2) but occasionally use market data that is not observed as significant inputs (Level 3). Different techniques can be used to make this estimate, including extrapolation of observable market data. The best indication of the initial fair value of a financial instrument is the price of the transaction, except when the value of the instrument can be obtained from other transactions carried out in the market with the same or similar instruments, or valued using a valuation technique in which the variables used only include observable market data, mainly interest rates. Differences between the transaction price and the fair value based on valuation techniques that use data that is not observed in the market, are not initially recognized in the income statement.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Atlantica Yield derivatives correspond primarily to the interest rate swaps designated as cash flow hedges, which are classified as Level 2.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><u>Description of the valuation method</u></font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Interest rate swap valuations are made by valuing the swap part of the contract and valuing the credit risk. The methodology used by the market and applied by Atlantica Yield to value interest rate swaps is to discount the expected future cash flows according to the parameters of the contract. Variable interest rates, which are needed to estimate future cash flows, are calculated using the curve for the corresponding currency and extracting the implicit rates for each of the reference dates in the contract. These estimated flows are discounted with the swap zero curve for the reference period of the contract.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The effect of the credit risk on the valuation of the interest rate swaps depends on the future settlement. If the settlement is favorable for the Company, the counterparty credit spread will be incorporated to quantify the probability of default at maturity. If the expected settlement is negative for the Company, its own credit risk will be applied to the final settlement.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Classic models for valuing interest rate swaps use deterministic valuation of the future of variable rates, based on future outlooks. When quantifying credit risk, this model is limited by considering only the risk for the current paying party, ignoring the fact that the derivative could change sign at maturity. A payer and receiver swaption model is proposed for these cases. This enables the associated risk in each swap position to be reflected. Thus, the model shows each agent’s exposure, on each payment date, as the value of entering into the ‘tail’ of the swap, i.e. the live part of the swap.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><u>Variables (Inputs)</u></font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Interest rate derivative valuation models use the corresponding interest rate curves for the relevant currency and underlying reference in order to estimate the future cash flows and to discount them. Market prices for deposits, futures contracts and interest rate swaps are used to construct these curves. Interest rate options (caps and floors) also use the volatility of the reference interest rate curve.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">To estimate the credit risk of the counterparty, the credit default swap (CDS) spreads curve is obtained in the market for important individual issuers. For less liquid issuers, the spreads curve is estimated using comparable CDSs or based on the country curve. To estimate proprietary credit risk, prices of debt issues in the market and CDSs for the sector and geographic location are used.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The fair value of the financial instruments that results from the aforementioned internal models takes into account, among other factors, the terms and conditions of the contracts and observable market data, such as interest rates, credit risk and volatility. The valuation models do not include significant levels of subjectivity, since these methodologies can be adjusted and calibrated, as appropriate, using the internal calculation of fair value and subsequently compared to the corresponding actively traded price. However, valuation adjustments may be necessary when the listed market prices are not available for comparison purposes.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.16. Foreign currency transactions</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The consolidated financial statements are presented in U.S. dollars, which is Atlantica Yield functional and reporting currency. Financial statements of each subsidiary within the Company are measured in the currency of the principal economic environment in which the subsidiary operates, which is the subsidiary’s functional currency.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Transactions denominated in a currency different from the subsidiary’s functional currency are translated into the subsidiary’s functional currency applying the exchange rates in force at the time of the transactions. Foreign currency gains and losses that result from the settlement of these transactions and the translation of monetary assets and liabilities denominated in foreign currency at the year-end rates are recognized in the consolidated income statement, unless they are deferred in equity, as occurs with cash flow hedges and net investment in foreign operations hedges.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Assets and liabilities of subsidiaries with a functional currency different from the Company’s reporting currency are translated to U.S. dollars at the exchange rate in force at the closing date of the financial statements. Income and expenses are translated into U.S. dollars using the average annual exchange rate, which does not differ significantly from using the exchange rates of the dates of each transaction. The difference between equity translated at the historical exchange rate and the net financial position that results from translating the assets and liabilities at the closing rate is recorded in equity under the heading “Accumulated currency translation differences”.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Results of companies carried under the equity method are translated at the average annual exchange rate.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.11. Grants</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Grants are recognized at fair value when it is considered that there is a reasonable assurance that the grant will be received and that the necessary qualifying conditions, as agreed with the entity assigning the grant, will be adequately complied with.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Grants are recorded as liabilities in the consolidated statement of financial position and are recognized in “Other operating income” in the consolidated income statement based on the period necessary to match them with the costs they intend to compensate.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In addition, as described in Note 2.12 below, grants correspond also to loans with interest rates below market rates, for the initial difference between the fair value of the loan and the proceeds received.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.13. Bonds and notes</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company initially recognizes ordinary notes at fair value, net of issuance costs incurred. Subsequently, notes are measured at amortized cost until settlement upon maturity. Any other difference between the proceeds obtained (net of transaction costs) and the redemption value is recognized in the consolidated income statement over the term of the debt using the effective interest rate method.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.5 Asset impairment</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Atlantica Yield reviews its contracted concessional assets to identify any indicators of impairment at least annually.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use, defined as the present value of the estimated future cash flows to be generated by the asset. In the event that the asset does not generate cash flows independently of other assets, the Company calculates the recoverable amount of the Cash Generating Unit (‘CGU’) to which the asset belongs.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">When the carrying amount of the CGU to which these assets belong is higher than its recoverable amount, the assets are impaired.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Assumptions used to calculate value in use include a discount rate, growth rate and projections considering real data based in the contracts terms and projected changes in both selling prices and costs. The discount rate is estimated by Management, to reflect both changes in the value of money over time and the risks associated with the specific CGU.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">For contracted concessional assets, with a defined useful life and with a specific financial structure, cash flow projections until the end of the project are considered and no terminal value is assumed.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional assets have a contractual structure that permits the Company to estimate quite accurately the costs of the project (both in the construction and in the operations periods) and revenue during the life of the project.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Projections take into account real data based on the contract terms and fundamental assumptions based on specific reports prepared internally and supported by specialists, assumptions on demand and assumptions on production. Additionally, assumptions on macro-economic conditions are taken into account, such as inflation rates, future interest rates, etc. and sensitivity analyses are performed over all major assumptions which can have a significant impact in the value of the asset.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash flow projections of CGUs are calculated in the functional currency of those CGUs and are discounted using rates that take into consideration the risk corresponding to each specific country and currency.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Taking into account that in most CGUs the specific financial structure is linked to the financial structure of the projects that are part of those CGUs, the discount rate used to calculate the present value of cash-flow projections is based on the weighted average cost of capital (WACC) for the type of asset, adjusted, if necessary, in accordance with the business of the specific activity and with the risk associated with the country where the project is performed.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In any case, sensitivity analyses are performed, especially in relation with the discount rate used and fair value changes in the main business variables, in order to ensure that possible changes in the estimates of these items do not impact the possible recovery of recognized assets.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Accordingly, the following table provides a summary of the discount rates used (WACC) and growth rates to calculate the recoverable amount for CGUs with the operating segment to which it pertains:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 70%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 46%; padding-bottom: 2px; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Operating segment</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Discount rate</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Growth rate</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 46%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">EMEA</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">4% - 6</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">%</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">0</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">%</font></div></td></tr><tr><td valign="bottom" style="width: 46%; vertical-align: top; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">North America</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5% - 6</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">%</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">0</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">%</font></div></td></tr><tr><td valign="bottom" style="width: 46%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">South America</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5% - 7</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">%</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">0</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">%</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In the event that the recoverable amount of an asset is lower than its carrying amount, an impairment charge for the difference would be recorded in the income statement under the item “Depreciation, amortization and impairment charges”.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Pursuant to IAS 36, an impairment loss is recognized if the carrying amount of these assets exceeds the present value of future cash flows discounted at the initial effective interest rate.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.14. Income taxes</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Current income tax expense is calculated on the basis of the tax laws in force as of the date of the consolidated statement of financial position in the countries in which the subsidiaries and associates operate and generate taxable income.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Deferred income tax is calculated in accordance with the liability method, based upon the temporary differences arising between the carrying amount of assets and liabilities and their tax base. Deferred income tax is determined using tax rates and regulations which are expected to apply at the time when the deferred tax is realized.</font></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Deferred tax assets are recognized only when it is probable that sufficient future taxable profit will be available to use deferred tax assets.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.2. Principles to include and record companies in the consolidated financial statements</font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Companies included in these consolidated financial statements are accounted for as subsidiaries as long as Atlantica Yield has had control over them and are accounted for as investments under the equity method as long as Atlantica Yield has had significant influence over them, in the periods presented.</font></div><div style="text-align: left;"><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">a)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Controlled entities</font></div></td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Control is achieved when the Company:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Has power over the investee;</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Is exposed, or has rights, to variable returns from its involvement with the investee; and</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Has the ability to use its power to affect its returns.</font></div></td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company reassesses whether or not it controls an investee when facts and circumstances indicate that there are changes to one or more of the three elements of control listed above.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company uses the acquisition method to account for business combinations of companies controlled by a third party. According to this method, identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date. Any contingent consideration is recognized at fair value at the acquisition date and subsequent changes in its fair value are recognized in accordance with IFRS 9 either in profit or loss or as a change to other comprehensive income. Acquisition related costs are expensed as incurred. The Company recognizes any non-controlling interest in the acquiree either at fair value or at the non-controlling interest’s proportionate share of the acquirer’s net assets on an acquisition by acquisition basis.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">All assets and liabilities between entities of the group, equity, income, expenses, and cash flows relating to transactions between entities of the group are eliminated in full.</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">b)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investments accounted for under the equity method</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">An associate is an entity over which the Company has significant influence. Significant influence is the power to participate in the financial and operating policy decisions of the investee but is not control or joint control over those policies.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The results and assets and liabilities of associates are incorporated in these financial statements using the equity method of accounting. Under the equity method, an investment in an associate is initially recognized in the statement of financial position at cost and adjusted thereafter to recognize the Company share of the profit or loss and other comprehensive income of the associate.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Controlled entities and associates included in these financial statements as of December 31, 2018 and 2017 are set out in appendices.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.17. Equity</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company has recyclable balances in its equity, corresponding mainly to hedge reserves and translation differences arising from currency conversion in the preparation of these consolidated financial statements. These balances have been presented separately in Equity.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Non-controlling interest represents interest from other partners in entities included in these consolidated financial statements which are not fully owned by Atlantica Yield as of the dates presented.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Parent company reserves together with the Share capital represent the Parent’s net investment in the entities included in these consolidated financial statements.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.6 Loans and accounts receivable</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Loans and accounts receivable are non-derivative financial assets with fixed or determinable payments, not listed on an active market.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In accordance with IFRIC 12, certain assets under concessions qualify as financial assets and are recorded as is described in Note 2.3.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Pursuant to IAS 36, an impairment loss is recognized if the carrying amount of these assets exceeds the present value of future cash flows discounted at the initial effective interest rate.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Loans and accounts receivable are initially recognized at fair value plus transaction costs and are subsequently measured at amortized cost in accordance with the effective interest rate method. Interest calculated using the effective interest rate method is recognized under other financial income within financial income.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.15. Trade payables and other liabilities</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Trade payables are obligations arising from purchases of goods and services in the ordinary course of business and are recognized initially at fair value and are subsequently measured at their amortized cost using the effective interest method. Other liabilities are obligations not arising in the normal course of business and which are not treated as financing transactions. Advances received from customers are recognized as “Trade payables and other current liabilities”.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.9. Clients and other receivables</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Clients and other receivables are amounts due from customers for sales in the normal course of business. They are recognized initially at fair value and subsequently measured at amortized cost using the effective interest rate method, less allowance for doubtful accounts. Trade receivables due in less than one year are carried at their face value at both initial recognition and subsequent measurement, provided that the effect of not discounting flows is not significant.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">An allowance for doubtful accounts is recorded when there is objective evidence that the Company will not be able to recover all amounts due as per the original terms of the receivables.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.10. Cash and cash equivalents</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash and cash equivalents include cash in hand, cash in bank and other highly-liquid current investments with an original maturity of three months or less which are held for the purpose of meeting short-term cash commitments.</font></div></div>
0.04
0.05
0.06
0.05
0.07
0.06
0.058
0.046
0.050
0.058
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><u>Summary of adjustments arising from application of IFRS 9 and IFRS 16 as of December 31, 2017</u></font></div><div><br /></div><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">IFRS 9 Adjustments</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: top;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">($ in thousands)</font></div></td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">As</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">reported</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Expected</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> credit</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> losses (*)</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Modification</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> of financial</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> liabilities</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Hedge</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> accounting</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">IFRS 16</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Adjustments</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Restated at</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> January</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 1, 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9,084,270</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(53,048</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">62,982</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9,094,204</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Deferred tax assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">165,136</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">14,866</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(3,055</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">176,947</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Long- term project debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,228,917</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(39,599</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,189,318</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Grants and other liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,636,060</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">62,982</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,699,042</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Deferred tax liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">186,583</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">8,849</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">195,432</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other Reserves</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">80,968</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,326</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">82,294</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Retained Earnings</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(477,214</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(38,182</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">27,695</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(1,326</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(489,027</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(*) The expected credit losses provision only applies to the contracted concessional assets recorded as financial assets for an amount before provision of $936,004 thousand as of December 31, 2017 (see Note 6).</font></div></div>
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<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Note 23.- Other information</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">23.1 Restricted Net assets</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Certain of the consolidated entities are restricted from remitting certain funds to Atlantica Yield plc. as a result of a number of regulatory, contractual or statutory requirements. These restrictions are mainly related to standard requirements to maintain debt service coverage ratios. At December 31, 2018, the accumulated amount of the temporary restrictions for the entire restricted term of these affiliates was $625 million.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The Company performed a test on the restricted net assets of consolidated subsidiaries in accordance with Securities and Exchange Commission Regulation S-X Rule 12-04 and concluded the restricted net assets exceeded 25% of the consolidated net assets of the Company as of December 31, 2018. Therefore, the separate financial statements of Atlantica Yield, Plc. do have to be presented (see Appendix V (Schedule I) for details).</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">23.2 Subsequent events</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">On February 26, 2019, the Board of Directors of the Company approved a dividend of $0.37 per share, which is expected to be paid on or about March 22, 2019.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">On January 29, 2019, PG&E Corporation and its regulated utility subsidiary, Pacific Gas and Electric Company (collectively “PG&E”), the off-taker for Atlantica Yield with respect to the Mojave plant, filed for reorganization under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Northern District of California (the “Bankruptcy Court”). As a consequence, PG&E has not paid the portion of the invoice corresponding to the electricity delivered for the period between January 1 and January 28, 2019, which was due on February 25, given that the services relate to the pre-petition period and any payment therefore would require approval by the Bankruptcy Court. </font>However, PG&E has paid the portion of the invoice corresponding to the electricity delivered after January 28.<font style="font-size: 10pt; font-family: 'Times New Roman';"> A default of the PPA agreement with PG&E occurred with the PG&E bankruptcy filing and such default could trigger an event of default under our Mojave project finance agreement if certain other conditions were met, namely if (i) such default could reasonably be expected to result in a material adverse effect to Mojave or (ii) PG&E failed to assume the PPA within 60 days of its chapter 11 filing, extendable to 180 days provided that PG&E continues to perform under the PPA. As of December 31, 2018, Mojave had $739 million outstanding under its project financing agreement with the Federal Financing Bank, with a guarantee from the DOE. Additionally, Mojave represents approximately 13.5% of 2018 project level cash available for distribution. Chapter 11 bankruptcy is a complex process and the Company does not know at this time whether PG&E will seek to reject the PPA or not.  However, PG&E has continued to be in compliance with the remaining terms and conditions of the PPA, including with all payment terms of the PPA up through the date hereof with the exception of services for prepetition services that became due and payable after the chapter 11 filing date. It remains possible that at any time during the chapter 11 proceeding, PG&E may decide to cease performing under the PPA and attempt to reject or renegotiate the terms of its contract with the Company. If PG&E rejected the contract and stopped making payments in accordance with the PPA, Mojave could fail in servicing its debt under its project finance agreement, which would also cause a default under the project finance agreement. If not cured or waived, an event of default in the project finance agreement could result in debt acceleration and, if such amounts were not timely paid, the DOE could decide to foreclose on the asset. The PG&E bankruptcy has heightened the risk that project level cash distributions could be restricted for an undetermined period of time, thereby impacting the corporate liquidity and corporate leverage of the Company. Mojave project cash distributions to the corporate level normally takes place at the end of the year, the last distribution received at the corporate level took place in December 2018. Unless the event or default is cured or waived, distributions may not be made during the pendency of the bankruptcy. Such events may have a material adverse effect on the business, financial condition, results of operations and cash flows of the Company.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">On January 29, 2019, the Company entered into an agreement with Abengoa under the ROFO Agreement for the acquisition of Befesa Agua Tenés, S.L.U., a holding company which in turn owns a 51% stake of Tenes, a water desalination plant in Algeria, similar in several aspects to the Skikda and Honaine plants. Closing of the acquisition is subject to conditions precedent, including the approval by the Algerian administration. At this stage, the Company cannot guarantee it we will obtain this approval nor the expected timing of such approval. The price agreed for the equity value is $24.5 million, of which $19.9 million were paid in January 2019 as an advanced payment and the rest is expected to be paid once the conditions precedent are fulfilled. If all the conditions precedent were not fulfilled by September 30, 2019, the advanced payment shall be progressively reimbursed by Abengoa through a full cash-sweep of all the dividends to be received and in any case no later than September 30, 2031, together with an annual 12% interest.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following table shows the maturity of Trade receivables as of December 31, 2018 and 2017:</font></div><div style="text-align: left;"><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: left;"></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: left;"></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Up to 3 months</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">163,856</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">186,728</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">163,856</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">186,728</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Note 5.- Changes in the scope of the consolidated financial statements</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><u>For the year ended December 31, 2018</u></font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On February 28, 2018, the Company completed the acquisition of a 100% stake in Hidrocañete, S.A. (Mini-Hydro). Total purchase price for this asset amounted to $9,327 thousand. The purchase has been accounted for in the consolidated accounts of Atlantica Yield, in accordance with IFRS 3, Business Combinations.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On October 10, 2018, the Company completed the acquisition of a 5% stake in Gas CA-KU-A1, S.A.P.I de C.V. (Pemex Transportation System or “PTS”). The purchase has been accounted for in the consolidated accounts of Atlantica Yield, in accordance with IAS 28, Investments in Associates. Consideration for the initial 5%, which amounts to approximately $7 million will be disbursed progressively as construction progresses. Once the project enters into operation, which is expected for late 2019 or early 2020, the Company expects to acquire an additional 65%. Finally, the Company expects to acquire the remaining 30% one year after COD, subject to final approvals. The total equity investment is estimated to amount to approximately $150 million.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On December 11, 2018, the Company completed the acquisition of a transmission line in Chile (Chile TL3). The total purchase price for this asset amounted to $6,000 thousand. The purchase has been accounted for in the consolidated accounts of Atlantica Yield, in accordance with IFRS 3, Business Combinations.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On December 13, 2018, the Company completes the acquisition of a 100% stake in Estrellada, S.A. (Melowind). Total purchase price for this asset amounted to $45,276 thousand. The purchase has been accounted for in the consolidated accounts of Atlantica Yield, in accordance with IFRS 3, Business Combinations.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On December 28, 2018, the Company completed the acquisition of a power substation and two small transmission lines in Peru, being an expansion of the ATN transmission line (“ATN expansion 1”). Total purchase price for this asset amounted to $16,000 thousand. The purchase has been accounted for in the consolidated accounts of Atlantica Yield, in accordance with IFRS 3, Business Combinations.</font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><u>Impact of changes in the scope in the consolidated financial statements</u></font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The amount of assets and liabilities integrated at the effective acquisition date for the aggregated change in scope is shown in the following table:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 78%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Asset Acquisition</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">for the year ended December 31, 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Concessional assets (Note 6)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">155,909</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investments carried under the equity method (Note 7)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Current assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,646</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Project debt long term (Note 15)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(79,016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Deferred tax liabilities (Note 18)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(590</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Project debt short term (Note 15)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(2,346</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other current and non-current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(3,000</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Asset acquisition - purchase price</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(76,604</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td rowspan="1" valign="bottom" style="width: 78%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Net result of the asset acquisition</font></div></td><td colspan="1" rowspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" rowspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" rowspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">-</font></div></td><td colspan="1" nowrap="nowrap" rowspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">As a result of the acquisitions being made effective near to year end, the allocation of the purchase prices is provisional as of December 31, 2018. As such, the amounts indicated may be adjusted during the measurement period to reflect new information obtained about facts and circumstances that existed at the acquisition date that, if known, would have affected the amounts recognized as of December 31, 2018. The measurement period will not exceed one year from the acquisition dates.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The amount of revenue contributed by the acquisitions performed during 2018 to the consolidated financial statements of the Company for the year 2018 is $1.8 million, and the amount of loss after tax is $0.3 million. Had the acquisitions been consolidated from January 1, 2018, the consolidated statement of comprehensive income would have included additional revenue of $13.3 million and additional loss after tax of $0.7 million.</font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><u>For the year ended December 31, 2017</u></font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">There is no change in the scope of the consolidated financial statement in the year 2017.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div><font style="font-weight: bold;">Note 15.- Project debt</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The main purpose of the Company is the long-term ownership and management of contracted concessional assets, such as renewable energy, efficient natural gas, electric transmission line and water assets, which are financed through project debt. This note shows the project debt linked to the contracted concessional assets included in Note 6 of these consolidated financial statements.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Project debt is generally used to finance contracted assets, exclusively using as guarantee the assets and cash flows of the company or group of companies carrying out the activities financed. In most of the cases, the assets and/or contracts are set up as guarantee to ensure the repayment of the related financing.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Compared with corporate debt, project debt has certain key advantages, including a greater leverage and a clearly defined risk profile.</font></div><div><br /></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The variations for 2018 and 2017 of project debt have been the following:</font></div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Project debt -</font></div><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">long term</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Project debt -</font></div><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">short term</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Balance as of December 31, 2017</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">5.228.917</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">246.291</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">5.475.208</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increases</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">105,466</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">288,541</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">393,007</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Decreases</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(98,450</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(522,317</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(620,767</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">First time application of IFRS 9 (Note 2)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(39,599</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(39,599</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Debt refinancing IFRS 9 impact</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(36,642</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(36,642</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Change in the scope of the consolidated financial statements (Note 5)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">79,016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,346</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">81,362</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Currency translation differences</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(150,019</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(12,436</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(162,455</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 2px; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Reclassifications</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(262,030</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">262,030</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 4px; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Balance as of December 31, 2018</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">4,826,659</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">264,455</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">5,091,114</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Main variations in Project debt during the year 2018 are the result of:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td style="width: 17.45pt;"><br /></td><td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></td><td style="width: auto; vertical-align: top; text-align: justify;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';"><font style="font-size: 10pt; font-family: 'Times New Roman';">A net decrease primarily due to the contractual payments of debt for the year and the partial repayment of Solana debt using the indemnity received from Abengoa during the year 2018 for $61.5 million </font>(see Note 10). Interests accrued are offset by a similar amount of interests paid during the year;</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td style="width: 17.45pt;"><br /></td><td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></td><td style="width: auto; vertical-align: top; text-align: justify;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">The impact of the first application of IFRS 9, ´Financial instruments´ from January 1, 2018 (see Note 2);</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td style="width: 15.55pt;"><br /></td><td style="width: 19.9pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></td><td style="width: auto; vertical-align: top; text-align: justify;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">The impact of the refinancing of the debts of Helios 1/2 and Helioenergy 1/2 on May 18, 2018 and June 26, 2018 respectively. The terms of the new debts are not substantially different from the original debts refinanced and therefore the exchange of debts instruments does not qualify for an extinguishment of the original debts under IFRS 9, ´Financial instruments´. When there is a refinancing with a non-substantial modification of the original debt, there is a gain or loss recorded in the income statement. This gain or loss is equal to the difference between the present value of the cash flows under the original terms of the former financing and the present value of the cash flows under the new financing, discounted both at the original effective interest rate. In this respect, the Company recorded a $36.6 million financial income in the profit and loss statement of the consolidated financial statements (see Note 21);</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></td><td style="width: auto; vertical-align: top; text-align: justify;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">The acquisition of assets and the consolidation of its debt during the year (see Note 5).</font></div></td></tr></table><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Project debt -</font></div><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">long term</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Project debt -</font></div><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">short term</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Balance as of December 31, 2016</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">4,629,184</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">701,283</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">5,330,467</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increases</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">52,027</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">304,707</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">356,734</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Decreases</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(42,560</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(509,131</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(551,691</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Currency translation differences</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">316,646</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">23,052</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">339,698</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 2px; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Reclassifications</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">273,620</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(273,620</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 4px; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Balance as of December 31, 2017</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">5,228,917</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">246,291</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">5,475,208</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The line “Increases” includes primarily accrued interests for the year.</font></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Main variations in Project debt during the year 2017 are the result of:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></td><td style="width: auto; vertical-align: top; text-align: justify;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">Net decrease primarily due to repayment of debt, considering that interests accrued are offset by a similar amount of interests paid during the year. Decrease in long-term debt primarily relates to the partial repayment of Solana debt using the indemnity received from Abengoa in December 2017 for $42.5 million (see Note 10);</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></td><td style="width: auto; vertical-align: top; text-align: justify;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">A reclassification of the entire debt of Kaxu and Cadonal projects from short term to long term during the year 2017 as a result of the waiver obtained for Kaxu in March 2017 and the completion of certain pending conditions for Cadonal in October 2017. In addition, in 2017, Kaxu’s debt coverage ratio did not reach the minimum threshold due to the technical problems that the plant experienced since the end of 2016. However, the lenders of the project finance agreement granted a waiver to the asset and therefore reclassification of the debt to short-term does not apply in this case.</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The repayment schedule for Project debt in accordance with the financing arrangements, at the end of 2018 is as follows and is consistent with the projected cash flows of the related projects.</font></div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2019</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2020</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2021</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2022</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2023</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Subsequent years</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;"> </td></tr><tr><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Interest</font></div><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Repayment</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Nominal</font></div><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">repayment</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;"> </td></tr><tr><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 11%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">21,916</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 11%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">242,538</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">257,012</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">268,625</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">299,840</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">326,413</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">3,674,770</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">5,091,114</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;"> </td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Current and non-current loans with credit entities include amounts in foreign currencies for a total of $2,464,352 thousand as of December 31, 2018 ($2,778,043 thousand as of December 31, 2017).</font></div><div><br /></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The following table details the movement in Project debt for the year 2018, split between cash and non-cash items:</font></div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px; width: 42%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">January 1, 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Cash Flow</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Non-cash changes</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">December 31, 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 42%; padding-bottom: 2px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Project debt</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">5,475,208</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(579,598</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">195,504</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">5,091,114</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td></tr></table><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The non-cash changes primarily relate to interests accrued and to currency translation differences.</font></div><div><br /></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The equivalent in U.S. dollars of the most significant foreign-currency-denominated debts held by the Company is as follows:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px; width: 66%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px; width: 66%;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Currency</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 66%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Euro</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,049,892</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,286,771</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 66%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Algerian Dinar</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">29,545</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">35,093</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 66%; padding-bottom: 2px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Rand</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">384,915</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">456,179</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 66%; padding-bottom: 4px; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2,464,352</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2,778,043</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">All of the Company’s financing agreements have a carrying amount close to its fair value.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Note 12.- Cash and cash equivalents</font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following table shows the detail of Cash and cash equivalents as of December 31, 2018 and 2017:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 70%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 46%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 46%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 46%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash at bank and on hand</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">631,542</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">669,387</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 46%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">631,542</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">669,387</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash includes funds held to satisfy the customary requirements of certain non-recourse debt agreements within the Company´s projects amounting to $296 million.</font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following breakdown shows the main currencies in which cash and cash equivalent balances are denominated:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 70%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 46%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 46%; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Currency</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 46%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">U.S. dollar</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">328,716</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">319,400</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 46%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">228,036</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">288,625</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 46%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Algerian Dinar</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,602</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">13,628</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 46%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">South African Rand</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">55,257</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">40,999</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 46%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Others</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">7,931</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">6,735</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 46%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">631,542</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">669,387</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Note 19.- Third-party guarantees and commitments</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Third-party guarantees</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">At the close of 2018 the overall sum of Bank Bond and Surety Insurance directly deposited by the subsidiaries of the Company as a guarantee to third parties (clients, financial entities and other third parties) amounted to $32,412 thousand attributed to operations of technical nature ($32,428 thousand as of December 31, 2017). In addition, the Company issued guarantees related to operations of technical nature amounting to $60 million as of December 31, 2018 ($112 million as of December 31, 2017).</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Contractual obligations</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The following tables shows the breakdown of the third-party commitments and contractual obligations as of December 31, 2018 and 2017:</font></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><br /></font></div><table border="0" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2019</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2020 and 2021</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2022 and 2023</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Subsequent</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Corporate debt</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">684,073</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">268,905</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">107,560</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">205,258</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">102,350</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Loans with credit institutions (project debt)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">4,314,307</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">233,214</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">476,191</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">571,374</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">3,033,528</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Notes and bonds (project debt)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">776,807</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">31,241</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">49,445</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">54,879</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">641,242</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Purchase commitments</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">3,082,495</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">131,417</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">264,461</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">259,775</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,426,842</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Accrued interest estimate during the useful life of loans</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,743,132</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">314,984</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">565,040</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">492,932</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,370,176</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr></table><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2019 and 2020</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2021 and 2022</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Subsequent</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Corporate debt</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">643,083</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">68,907</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">253,393</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">107,316</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">213,467</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Loans with credit institutions (project debt)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">4,628,289</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">215,117</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">457,853</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">539,466</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">3,415,853</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Notes and bonds (project debt)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">846,919</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">31,174</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">53,620</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">54,395</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">707,730</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Purchase commitments</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">3,149,813</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">141,867</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">230,014</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">259,845</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,518,087</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Accrued interest estimate during the useful life of loans</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">3,129,321</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">340,481</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">630,108</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">559,856</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,598,876</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The figures shown in the tables above do not include equity investments that the Company may be committed to realize in the future, if certain conditions are met, such as equity investments in the PTS project (see Note 5).</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Legal Proceedings</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><font style="font-size: 10pt; font-family: 'Times New Roman';">On October 17, 2016, ACT received a request for arbitration from the International Court of Arbitration of the International Chamber of Commerce presented by Pemex. Pemex was requesting compensation for damages caused by a fire that occurred in their facilities during the construction of the ACT cogeneration plant in December 2012, for a total amount of approximately $20 million. On July 5, 2017, Seguros Inbursa, the insurer of Pemex, joined as a second </font>claimant in the process. In September 2018, ACT was notified that an agreement was reached between insurance companies according to which ACT would not have to pay any amount in relation to this arbitration. On December 19, 2018 the parties of the arbitration executed a settlement agreement to finalize the claim without any financial impact for ACT.</font></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">A number of Abengoa’s subcontractors and insurance companies that issued bonds covering Abengoa’s obligations under such contracts in the United States have included some of the non-recourse subsidiaries of the Company in the United States as co-defendants in claims against Abengoa. Generally, the subsidiaries of the Company have been dismissed as defendants at early stages of the processes but there remain pending cases including Arb Inc. with a potential total claim of approximately $33 million and a group of insurance companies that have addressed to a number of Abengoa’s subsidiaries and to Solana (Arizona Solar One) a potential claim for Abengoa related losses of approximately $20 million that could increase, according to the insurance companies, up to a maximum of up to approximately $200 million if all their exposure resulted in losses. The Company reached an agreement with Arb Inc. and all but one of the above-mentioned insurance companies, under which they agreed to dismiss their claims in exchange for payments of approximately $6.6 million, which have been made in 2018. The insurance company which did not join the agreement has temporarily stopped legal actions against the Company and the Company does not expect to have a material adverse effect.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><font style="font-size: 10pt; font-family: 'Times New Roman';">In addition, an insurance company covering certain Abengoa’s obligations in Mexico has claimed certain amounts related to a potential loss. This claim is covered by existing indemnities from Abengoa. Nevertheless, the Company has reached </font>an agreement under which Atlantica´s maximum theoretical exposure would in any case be limited to approximately $35 million, including $2.5 million to be held in an escrow account. On January 2019, the insurance company executed $2.5 million from the escrow account and Abengoa reimbursed such amount according to the existing indemnities in force between Atlantica and Abengoa.  The payments by Atlantica would only happen if and when the actual loss has been confirmed, Abengoa has not fulfilled <font style="font-size: 10pt; font-family: 'Times New Roman';">their obligations and after arbitration, if the Company initiates it.</font></font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The Company is not a party to any other significant legal proceeding other than legal proceedings arising in the ordinary course of its business. The Company is party to various administrative and regulatory proceedings that have arisen in the ordinary course of business. While the Company does not expect these proceedings, either individually or in the aggregate, to have a material adverse effect on its financial position or results of operations, because of the nature of these proceedings the Company is not able to predict their ultimate outcomes, some of which may be unfavorable to the Company.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Note 14.- Corporate debt</font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The breakdown of the corporate debt as of December 31, 2018 and 2017 is as follows:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 60%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 36%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 36%; padding-bottom: 2px; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Non-current</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 36%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Credit Facilities with financial entities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">415,168</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">320,783</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 36%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Notes and Bonds</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">253,393</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 36%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total Non-Current</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">415,168</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">574,176</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div style="text-align: left;"><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 60%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 36%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 36%; padding-bottom: 2px; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Current</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 36%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Credit Facilities with financial entities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,580</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">65,833</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 36%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Notes and Bonds</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">257,325</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,074</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 36%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total Current</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">268,905</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">68,907</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div style="text-align: left;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On November 17, 2014, the Company issued the Senior Notes due 2019 in an aggregate principal amount of $255,000 thousand (the “2019 Notes”). The 2019 Notes accrue annual interest of 7.00% payable semi-annually beginning on May 15, 2015 until their maturity date. As of December 31, 2018 the amount of 2019 Notes has been classified as Current, considering its maturity is November 15, 2019.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On December 3, 2014, the Company entered into a credit facility of up to $125,000 thousand with Banco Santander, S.A., Bank of America, N.A., Citigroup Global Markets Limited, HSBC Bank plc and RBC Capital Markets, as joint lead arrangers and joint bookrunners (the “Former Revolving Credit Facility” or ”Former RCF”). On December 22, 2014, the Company drew down $125,000 thousand under the Former RCF. $71,000 thousand of the Former RCF were partially repaid in 2017. The remaining $54,000 of nominal of the Former RCF has been entirely repaid on May 16, 2018 and the credit facility canceled.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On February 10, 2017, the Company issued Senior Notes due 2022, 2023, 2024 (the “Note Issuance Facility”), in an aggregate principal amount of €275,000 thousand. The 2022 to 2024 Notes accrue annual interest, equal to the sum of (i) EURIBOR plus (ii) 4.90%, as determined by the Agent. Interest on the Notes are payable in cash quarterly in arrears on each interest payment date. The Company pays interest to the holders of record on each interest payment date. The interest rate on the Note Issuance Facility is fully hedged by two interest rate swaps contracted with Jefferies Financial Services, Inc. with effective date March 31, 2017 and maturity date December 31, 2022, resulting in the Company paying a net fixed interest rate of 5.5% on the Note Issuance Facility. Changes in fair value of these interest rate swaps have been recorded in the consolidated income statement. The Note Issuance Facility is a € denominated liability for which the Company applies net investment hedge accounting. When converted to US$ at US$/€ closing exchange rate, it contributes to reduce the impact in translation difference reserves generated in the equity of these consolidated financial statements by the conversion of the net assets of the Spanish solar assets into US$.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On July 20, 2017, the Company signed a credit facility (the “2017 Credit Facility”) for up to €10 million, approximately $11.5 million, which is available in euros or U.S. dollars. Amounts drawn down accrue interest at a rate per year equal to EURIBOR plus 2.25% or LIBOR plus 2.25%, depending on the currency. As of December 31, 2017, the Company drew down the credit facility in full and used the entire proceeds to prepay a part of the Tranche A of the Credit Facility. The credit facility had a maturity date in July 2018. It was renewed during the month of July 2018 and the new maturity date is July 20, 2019.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On May 10, 2018, the Company entered into a $215 million revolving credit facility (the “New Revolving Credit Facility”) with Royal Bank of Canada, as administrative agent and Royal Bank of Canada and Canadian Imperial Bank of Commerce, as issuers of letters of credit. Amounts drawn down accrue interest at a rate per year equal to (A) for Eurodollar rate loans, LIBOR plus a percentage determined by reference to the leverage ratio of the Company, ranging between 1.60% and 2.25% and (B) for base rate loans, the highest of (i) the rate per annum equal to the weighted average of the rates on overnight U.S. Federal funds transactions with members of the U.S. Federal Reserve System arranged by U.S. Federal funds brokers on such day plus ½ of 1.00%, (ii) the U.S. prime rate and (iii) LIBOR plus 1.00%, in any case, plus a percentage determined by reference to the leverage ratio of the Company, ranging between 0.60% and 1.00%. Letters of credit may be issued using up to $70 million of the Revolving Credit Facility. The maturity of the Revolving Credit Facility is December 31, 2021. As of December 31, 2018, the Company had drawn down an amount of $108 million (net of debt issuance costs). During the month of January 2019, the amount of the New Revolving Credit Facility has been increased from $215 million to $300 million.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Current Corporate debt corresponds mainly to the nominal and accrued interest of the 2019 Notes and to the nominal of the 2017 Credit Facility.</font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The repayment schedule for the Corporate debt at the end of 2018 is as follows:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2019</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2020</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2021</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2022</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2023</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subsequent</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">years</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 16%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">New Revolving Credit Facility</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">107,560</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">107,560</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 16%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Note Issuance Facility</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">128</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">102,908</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">102,350</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">102,350</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">307,736</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 16%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2017 Credit Facility</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,452</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,452</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 16%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2019 Notes</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">257,325</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">257,325</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 16%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">268,905</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">107,560</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">102,908</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">102,350</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">102,350</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">684,073</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div style="text-align: left;"><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following table details the movement in Corporate debt for the year 2018, split between cash and non-cash items:</font></div><div style="text-align: left;"><br /></div><table border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: middle; width: 42%;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">January 1, 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Cash Flow</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Non-cash changes</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">December 31, 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom; width: 1%;"> </td></tr><tr><td valign="bottom" style="width: 42%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Corporate debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">643,083</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">14,403</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">26,587</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">684,073</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The non-cash changes primarily relate to interests accrued and to currency translation differences.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The movements in deferred tax assets and liabilities during the years ended December 31, 2018 and 2017 were as follows:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); width: 68%;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Deferred tax assets</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Amount</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">As of January 1, 2017</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">202,891</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increase/(decrease) through the consolidated income statement</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(31,421</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increase/(decrease) through other consolidated comprehensive income (equity)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(13,312</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other movements</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">6,978</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; padding-bottom: 4px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">As of December 31, 2017</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">165,136</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">First application of IFRS 9 as of December 31, 2017 (Note 2)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">11,811</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increase/(decrease) through the consolidated income statement</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(24,195</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increase/(decrease) through other consolidated comprehensive income (equity)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(10,685</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other movements</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(6,001</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; padding-bottom: 4px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">As of December 31, 2018</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">136,066</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td></tr></table><div><br /></div><table align="center" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 80%;"><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Deferred tax liabilities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Amount</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">As of January 1, 2017</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">95,037</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increase/(decrease) through the consolidated income statement</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">86,418</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increase/(decrease) through other consolidated comprehensive income (equity)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other movements</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">5,128</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; padding-bottom: 4px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">As of December 31, 2017</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">186,583</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">First application of IFRS 9 as of December 31, 2017 (Note 2)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">8,849</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increase/(decrease) through the consolidated income statement</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">17,996</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increase/(decrease) through other consolidated comprehensive income (equity)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Change in the scope of the consolidated financial statements (Note 5)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">590</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other movements</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(3,018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; padding-bottom: 4px; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">As of December 31, 2018</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">211,000</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Note 9.- Derivative financial instruments</font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The breakdowns of the fair value amount of the derivative financial instruments as of December 31, 2018 and 2017 are as follows:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31, 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31, 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Assets</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Liabilities</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Assets</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Liabilities</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 52%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Derivatives - cash flow hedge</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,571</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">279,152</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">8,230</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">329,731</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div style="text-align: left;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The derivatives are primarily interest rate cash-flow hedges. All are classified as non-current assets or non-current liabilities, as they hedge long-term financing agreements.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Additionally, the Company owns currency options with leading international financial institutions, which guarantee minimum Euro-U.S. dollar exchange rates. The strategy of the Company is to hedge the exchange rate for the distributions from its Spanish assets after deducting euro-denominated interest payments and euro-denominated general and administrative expenses. Through currency options, the strategy of the Company is to hedge 100% of its euro-denominated net exposure for the next 12 months and 75% of its euro denominated net exposure for the following 12 months, on a rolling basis.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">As stated in Note 3 to these consolidated financial statements, the general policy is to hedge variable interest rates of financing agreements purchasing call options (caps) in exchange of a premium to fix the maximum interest rate cost and contracting floating to fixed interest rate swaps.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">As a result, the notional amounts hedged, strikes contracted and maturities, depending on the characteristics of the debt on which the interest rate risk is being hedged, can be diverse:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 18pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Project debt in Euros: the Company hedges between 81% and 100% of the notional amount, maturities until 2030 and average guaranteed interest rates of between 0.60% and 4.87%.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 18pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Project debt in U.S. dollars: the Company hedges between 70% and 100% of the notional amount, including maturities until 2034 and average guaranteed interest rates of between 2.32% and 5.27%.</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The table below shows a breakdown of the maturities of notional amounts of derivatives designated as cash flow hedges as of December 31, 2018 and 2017.</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 42%; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Notionals</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31, 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31, 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 42%; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Cap</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Swap</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cap</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Swap</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 42%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Up to 1 year</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">42,846</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">93,440</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">42,324</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">139,939</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 42%; vertical-align: top; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Between 1 and 2 years</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">45,603</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">119,568</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">45,422</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">94,285</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 42%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Between 2 and 3 years</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">48,774</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">234,572</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">48,215</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">103,536</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 42%; padding-bottom: 2px; vertical-align: top; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Subsequent years</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">535,774</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,858,061</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">620,378</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,893,850</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 42%; padding-bottom: 4px; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">672,997</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2,305,641</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">756,339</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2,231,611</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div style="text-align: left;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The table below shows a breakdown of the maturity of the fair values of derivatives designated as cash flow hedges as of December 31, 2018 and 2017. The net position of the fair value of caps and swaps for each year end reconciles with the net position of derivative assets and derivative liabilities in the consolidated statement of financial position:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 42%; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Fair value</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31, 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31, 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 42%; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Cap</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Swap</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cap</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Swap</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 42%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Up to 1 year</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">493</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(11,848</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">347</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(13,224</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 42%; vertical-align: top; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Between 1 and 2 years</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,172</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(13,231</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">978</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(14,378</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 42%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Between 2 and 3 years</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">562</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(15,151</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">396</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(15,923</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 42%; padding-bottom: 2px; vertical-align: top; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Subsequent years</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">8,344</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(238,922</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">6,509</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(286,206</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 42%; padding-bottom: 4px; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">11,571</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(279,152</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">8,230</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(329,731</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">)</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">During 2018, fair value of derivatives increased mainly due to an increase in the fair value of interest rate cash-flow hedges resulting from the increase in future interest rates.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The net amount of the fair value of interest rate derivatives designated as cash flow hedges transferred to the consolidated income statement in 2018 is a loss of $67,519 thousand (loss of $70,953 thousand in 2017 and a loss of $72,774 thousand in 2016). Additionally, the net amount of the time value component of the cash flow derivatives fair value recognized in the consolidated income statement for the year 2018, 2017 and 2016 has been a loss of $560 thousand, a loss of $860 thousand and a gain of $1,694 thousand respectively.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The after-tax result accumulated in equity in connection with derivatives designated as cash flow hedges at the years ended December 31, 2018 and 2017, amount to a $95,011 thousand gain and a $80,968 thousand gain respectively.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The breakdowns of the fair value amount of the derivative financial instruments as of December 31, 2018 and 2017 are as follows:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31, 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31, 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Assets</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Liabilities</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Assets</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Liabilities</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 52%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Derivatives - cash flow hedge</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,571</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">279,152</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">8,230</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">329,731</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Note 22.- Earnings per share</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Basic earnings per share for the year 2018 has been calculated by dividing the profit/(loss) attributable to equity holders of the company by the number of shares outstanding. Diluted earnings per share equals basic earnings per share for the period presented.</font></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><table cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Item</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Profit/(loss) from continuing operations attributable to Atlantica Yield Plc.</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">41,596</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(111,804</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(4,855</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Profit/(loss) from discontinuing operations attributable to Atlantica Yield Plc.</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Average number of ordinary shares outstanding (thousands) - basic and diluted</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">100,217</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">100,217</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">100,217</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Earnings per share from continuing operations (US dollar per share) - basic and diluted</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">0.42</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(1.12</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(0.05</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Earnings per share from discontinuing operations (US dollar per share) - basic and diluted</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Earnings per share from profit/ (loss) for the period (US dollar per share) - basic and diluted</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">0.42</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(1.12</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(0.05</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Note 4.- Financial information by segment</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Atlantica Yield’s segment structure reflects how management currently makes financial decisions and allocates resources. Its operating and reportable segments are based on the following geographies where the contracted concessional assets are located:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">North America</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">South America</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">EMEA</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Based on the type of business, as of December 31, 2018 the Company had the following business sectors:</font></div><div><br /></div><div style="text-align: justify; text-indent: 18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Renewable energy:</font> Renewable energy assets include two solar plants in the United States, Solana and Mojave, each with a gross capacity of 280 MW and located in Arizona and California, respectively. The Company owns eight solar platforms in Spain: Solacor 1 and 2 with a gross capacity of 100 MW, PS10 and PS20 with a gross capacity of 31 MW, Solaben 2 and 3 with a gross capacity of 100 MW, Helioenergy 1 and 2 with a gross capacity of 100 MW, Helios 1 and 2 with a gross capacity of 100 MW, Solnova 1, 3 and 4 with a gross capacity of 150 MW, Solaben 1 and 6 with a gross capacity of 100 MW and Seville PV with a gross capacity of 1 MW. The Company also owns a solar plant in South Africa, Kaxu with a gross capacity of 100 MW. Additionally, the Company owns three wind farms in Uruguay, Palmatir, Cadonal and Melowind, with a gross capacity of 50 MW each, and a hydroelectric power plant in Peru with a gross capacity of 4MW.</font></div><div><br /></div><div style="text-align: left; text-indent: 18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Efficient natural gas:</font> The Company´s sole efficient natural gas asset is ACT, a 300 MW cogeneration plant in Mexico, which is party to a 20-year take-or-pay contract with Pemex for the sale of electric power and steam.</font></div><div><br /></div><div style="text-align: justify; text-indent: 18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Electric transmission lines</font>: Electric transmission assets include (i) three lines in Peru, ATN, ATS and ATN2, spanning a total of 1,015 miles; and (ii) four lines in Chile, Quadra 1, Quadra 2, Palmucho and Chile TL3, spanning a total of 137 miles.</font></div><div><br /></div><div style="text-align: justify; text-indent: 18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Water:</font> Water assets include a minority interest in two desalination plants in Algeria, Honaine and Skikda with an aggregate capacity of 10.5 M ft<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3</sup> per day.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Atlantica Yield’s Chief Operating Decision Maker (CODM) assesses the performance and assignment of resources according to the identified operating segments. The CODM considers the revenues as a measure of the business activity and the Further Adjusted EBITDA as a measure of the performance of each segment. Further Adjusted EBITDA is calculated as profit/(loss) for the period attributable to the parent company, after adding back loss/(profit) attributable to non-controlling interests from continued operations, income tax, share of profit/(loss) of associates carried under the equity method, finance expense net, depreciation, amortization and impairment charges of entities included in these consolidated financial statements, and compensations received from Abengoa in lieu of ACBH dividends (for the years 2017 and 2016 only).</font></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In order to assess performance of the business, the CODM receives reports of each reportable segment using revenues and Further Adjusted EBITDA. Net interest expense evolution is assessed on a consolidated basis. Financial expense and amortization are not taken into consideration by the CODM for the allocation of resources.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In the year ended December 31, 2018 Atlantica Yield had four customers with revenues representing more than 10% of the total revenues, i.e., three in the renewable energy and one in the efficient natural gas business sectors, and in the year ended December 31, 2017, had three customers with revenues representing more than 10% of the total revenues, i.e., two in the renewable energy and one in the efficient natural gas business sectors.</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">a)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following tables show Revenues and Further Adjusted EBITDA by operating segments and business sectors for the years 2018, 2017 and 2016:</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Revenue</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Further Adjusted EBITDA</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Geography</font></div></td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">North America</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">357,177</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">332,705</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">337,061</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">308,748</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">282,328</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">284,691</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">South America</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">123,214</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">120,797</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">118,764</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">100,234</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">108,766</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">124,599</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; padding-bottom: 2px; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">EMEA</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">563,431</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">554,879</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">515,972</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">441,625</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">388,216</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">354,020</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; padding-bottom: 4px; vertical-align: top; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,043,822</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,008,381</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">971,797</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">850,607</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">779,310</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">763,310</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div style="text-align: left;"><br /></div><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Revenue</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Further Adjusted EBITDA</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Business sectors</font></div></td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable energy</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">793,557</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">767,226</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">724,325</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">664,428</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">569,193</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">538,427</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Efficient natural gas</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">130,799</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">119,784</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">128,046</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">93,858</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">106,140</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">106,492</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Electric transmission lines</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">95,998</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">95,096</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">95,137</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">78,461</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">87,695</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">104,795</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Water</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">23,468</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">26,275</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">24,288</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">13,860</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">16,282</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">13,596</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; padding-bottom: 4px; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,043,822</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,008,381</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">971,797</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">850,607</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">779,310</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">763,310</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The reconciliation of segment Further Adjusted EBITDA with the profit/(loss) attributable to the parent company is as follows:</font></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><br /></font></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 54%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 54%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 54%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Profit/(Loss) attributable to the Company</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">41,596</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(111,804</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(4,855</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 54%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Profit attributable to non-controlling interests</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">13,673</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">6,917</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">6,522</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 54%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Income tax</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">42,659</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">119,837</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,666</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 54%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Share of profits/(losses) of associates</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(5,231</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(5,351</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(6,646</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 54%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Dividend from exchangeable preferred equity investment in ACBH (Note 21)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">10,383</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">27,948</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 54%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Financial expense, net</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">395,213</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">448,368</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">405,750</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 54%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Depreciation, amortization, and impairment charges</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">362,697</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">310,960</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">332,925</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 54%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total segment Further Adjusted EBITDA</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">850,607</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">779,310</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">763,310</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div style="text-align: left;"><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">b)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">The assets and liabilities by operating segments (and business sector) at the end of 2018 and 2017 are as follows:</font></div></td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Assets and liabilities by geography as of December 31, 2018:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 95%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">North</font></div><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">America</font></div></td><td colspan="1" nowrap="nowrap" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="2" nowrap="nowrap" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">South America</font></div></td><td colspan="1" nowrap="nowrap" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="2" nowrap="nowrap" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">EMEA</font></div></td><td colspan="1" nowrap="nowrap" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="2" nowrap="nowrap" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of</font></div><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> December 31,</font></div><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Assets allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,453,652</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,210,624</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,884,905</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">8,549,181</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investments carried under the equity method</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">53,419</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">53,419</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Current financial investments</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">147,213</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">61,959</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">30,080</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">239,252</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash and cash equivalents (project companies)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">195,678</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">41,316</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">287,456</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">524,450</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">3,796,543</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,313,899</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">4,255,860</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,366,302</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Unallocated assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other non-current assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">188,736</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other current assets (including cash and cash equivalents at holding company level)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">363,993</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">552,729</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,919,031</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 95%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">North</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> America</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">South America</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">EMEA</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> December 31,</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Liabilities allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Long-term and short-term project debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,725,961</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">900,801</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,464,352</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,091,114</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Grants and other liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,527,724</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">7,550</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">122,852</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,658,126</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">3,253,685</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">908,351</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2,587,204</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">6,749,240</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Unallocated liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Long-term and short-term corporate debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">684,073</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other non-current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">523,827</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">205,779</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,413,679</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">8,162,919</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Equity unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,756,112</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities and equity unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">3,169,791</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities and equity</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,919,031</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><br /></font></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Assets and liabilities by geography as of December 31, 2017:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 95%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">North</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">America</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">South America</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">EMEA</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">December 31,</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Assets allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,770,169</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,100,778</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">4,213,323</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9,084,270</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investments carried under the equity method</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">55,784</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">55,784</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Current financial investments</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">116,451</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">59,831</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">31,263</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">207,545</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash and cash equivalents (project companies)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">149,236</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">42,548</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">329,078</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">520,862</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">4,035,856</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,203,157</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">4,629,448</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,868,461</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Unallocated assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other non-current assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">210,378</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other current assets (including cash and cash equivalents at holding company level)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">413,500</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">623,878</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">10,492,339</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 95%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">North</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> America</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">South America</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">EMEA</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> December 31,</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Liabilities allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Long-term and short-term project debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,821,102</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">876,063</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,778,043</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,475,208</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Grants and other liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,593,048</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">810</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">42,202</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,636,060</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">3,414,150</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">876,873</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2,820,245</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">7,111,268</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Unallocated liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Long-term and short-term corporate debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">643,083</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other non-current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">657,345</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">185,190</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,485,618</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">8,596,886</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Equity unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,895,453</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities and equity unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">3,381,071</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities and equity</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">10,492,339</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Assets and liabilities by business sectors as of December 31, 2018:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 95%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> energy</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Efficient</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> natural</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> gas</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Electric</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> lines</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Water</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> of</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> December</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 31,</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Assets allocated</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">6,998,020</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">580,997</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">882,980</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">87,184</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">8,549,181</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investments carried under the equity method</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">10,257</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">43,162</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">53,419</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Current financial investments</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">15,396</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">147,192</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">61,102</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">15,562</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">239,252</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash and cash equivalents (project companies)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">453,096</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">45,625</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">14,043</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,686</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">524,450</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">7,476,769</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">773,814</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">958,125</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">157,594</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,366,302</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Unallocated assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other non-current assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">188,736</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other current assets (including cash and cash equivalents at holding company level)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">363,993</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">552,729</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,919,031</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div style="text-align: left;"><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 95%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 35%; padding-bottom: 2px; vertical-align: middle;"><div style="text-align: left; text-indent: -9pt; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; margin-left: 9pt;">Liabilities allocated</div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Renewable</font></div><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">energy</font></div></td><td colspan="1" nowrap="nowrap" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="2" nowrap="nowrap" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Efficient</font></div><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">natural gas</font></div></td><td colspan="1" nowrap="nowrap" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="2" nowrap="nowrap" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Electric</font></div><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">transmission</font></div><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">lines</font></div></td><td colspan="1" nowrap="nowrap" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="2" nowrap="nowrap" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Water</font></div></td><td colspan="1" nowrap="nowrap" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="2" nowrap="nowrap" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of</font></div><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">December 31,</font></div><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Long-term and short-term project debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,868,626</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">545,123</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">647,820</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">29,545</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,091,114</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Grants and other liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,656,146</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">161</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,025</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">794</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,658,126</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">5,524,772</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">545,284</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">648,845</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">30,339</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">6,749,240</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Unallocated liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Long-term and short-term corporate debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">684,073</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other non-current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">523,827</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">205,779</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,413,679</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">8,162,919</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Equity unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,756,112</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities and equity unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">3,169,791</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities and equity</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,919,031</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Assets and liabilities by business sectors as of December 31, 2017:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 95%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 35%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">energy</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Efficient</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> natural</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> gas</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Electric</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> lines</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Water</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> of</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> December</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 31,</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Assets allocated</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">7,436,362</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">660,387</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">897,269</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">90,252</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9,084,270</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investments carried under the equity method</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">12,419</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">43,365</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">55,784</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Current financial investments</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">17,249</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">116,430</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">59,289</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">14,577</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">207,545</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash and cash equivalents (project companies)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">452,792</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">39,064</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">15,325</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">13,681</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">520,862</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">7,918,822</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">815,881</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">971,883</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">161,875</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,868,461</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Unallocated assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other non-current assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">210,378</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other current assets (including cash and cash equivalents at holding company level)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">413,500</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">623,878</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">10,492,339</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 95%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 35%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">energy</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Efficient</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">natural gas</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Electric</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">lines</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Water</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">December 31,</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Liabilities allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Long-term and short-term project debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">4,162,596</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">579,173</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">698,346</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">35,093</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,475,208</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Grants and other liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,635,508</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">552</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,636,060</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">5,798,104</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">579,725</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">698,346</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">35,093</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">7,111,268</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Unallocated liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Long-term and short-term corporate debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">643,083</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other non-current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">657,345</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">185,190</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,485,618</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">8,596,886</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Equity unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,895,453</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities and equity unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">3,381,071</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities and equity</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">10,492,339</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">c)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">The amount of depreciation, amortization and impairment charges recognized for the years ended December 31, 2018, 2017 and 2016 are as follows:</font></div></td></tr></table><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 44%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 44%; padding-bottom: 2px; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Depreciation, amortization and impairment by geography</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 44%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">North America</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(166,046</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(123,726</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(129,478</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 44%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">South America</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(42,368</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(40,880</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(62,387</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 44%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">EMEA</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(154,283</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(146,354</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(141,060</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 44%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(362,697</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(310,960</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(332,925</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">)</font></div></td></tr></table><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 44%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 44%; padding-bottom: 2px; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Depreciation, amortization and impairment by business sectors</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 44%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable energy</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(323,438</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(282,376</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(304,235</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 44%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Electric transmission lines</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(28,925</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(28,584</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(28,690</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);">)</td></tr><tr><td valign="bottom" style="width: 44%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Efficient natural gas</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(10,334</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 44%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(362,697</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(310,960</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(332,925</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">)</font></div></td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><table align="center" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 80%;"><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px; width: 44%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px; width: 44%;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Financial expenses</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 44%;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Expenses due to interest:</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 44%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">- Loans from credit entities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(256,736</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(253,660</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(242,919</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 44%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">- Other debts</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(100,057</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(137,562</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(90,995</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 44%; padding-bottom: 2px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Interest rates losses derivatives: cash flow hedges</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(68,226</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(72,495</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(74,093</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 44%; padding-bottom: 4px; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(425,019</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(463,717</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(408,007</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Note 21.- Financial income and expenses</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The following table sets forth financial income and expenses for the years ended December 31, 2018, 2017 and 2016:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px; width: 44%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px; width: 44%;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Financial income</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 44%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Interest income from loans and credits</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">36,296</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">325</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">286</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 44%; padding-bottom: 2px; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Interest rates benefits derivatives: cash flow hedges</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">148</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">682</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">3,012</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 44%; padding-bottom: 4px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">36,444</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">1,007</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">3,298</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td></tr></table><div><br /></div><table align="center" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 80%;"><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px; width: 44%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px; width: 44%;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Financial expenses</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 44%;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Expenses due to interest:</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 44%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">- Loans from credit entities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(256,736</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(253,660</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(242,919</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 44%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">- Other debts</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(100,057</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(137,562</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(90,995</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 44%; padding-bottom: 2px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Interest rates losses derivatives: cash flow hedges</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(68,226</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(72,495</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(74,093</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 44%; padding-bottom: 4px; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(425,019</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(463,717</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(408,007</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Financial income from loans and credits primarily includes a non-monetary financial income of $36.6 million resulting from the refinancing of the debts of Helios 1&2 and Helioenergy 1&2 in the second quarter of 2018 (see Note 15).</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Interests from other debts are primarily interests on the notes issued by ATS, ATN, ATN2, Atlantica Yield and Solaben Luxembourg and interests related to the investment from Liberty. Decrease in 2018 is primarily due to a lower increase of the amortized cost of the Liberty debt of $23 million compared to the year 2017 (see Note 16). Losses from interest rate derivatives designated as cash flow hedges correspond primarily to transfers from equity to financial expense when the hedged item is impacting the consolidated income statement.</font></div><div><br /></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Other net financial income and expenses</font></div><div><br /></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The following table sets out Other net financial income and expenses for the years 2018, 2017 and 2016:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Other financial income / (expenses)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Dividend from ACBH (Brazil)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">10,383</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">27,948</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Impairment preferred equity investment in ACBH</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(22,076</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other financial income</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">14,431</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">28,809</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">13,027</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 2px; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other financial losses</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(22,666</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(20,758</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(10,394</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 4px; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(8,235</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">18,434</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">8,505</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">According to an agreement reached with Abengoa in the third quarter of 2016, Abengoa acknowledged that Atlantica Yield is the legal owner of the dividends declared on February 24, 2017 and retained from Abengoa amounting to $10.4 million. As a result, the Company recorded $10.4 million as Other financial income on 2017 in accordance with the accounting treatment previously given to the ACBH dividend.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other financial income in 2018 are primarily interests on deposits and on loan granted to third parties. In 2017, it included a $16.2 million income as a result of the termination of the currency swap agreement with Abengoa.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other financial losses primarily include expenses for guarantees and letters of credit, wire transfers, other bank fees and other minor financial expenses.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The following table sets forth financial income and expenses for the years ended December 31, 2018, 2017 and 2016:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px; width: 44%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px; width: 44%;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Financial income</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 44%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Interest income from loans and credits</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">36,296</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">325</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">286</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 44%; padding-bottom: 2px; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Interest rates benefits derivatives: cash flow hedges</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">148</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">682</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">3,012</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 44%; padding-bottom: 4px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">36,444</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">1,007</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">3,298</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><table border="0" cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Notes</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Amortized cost</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Fair Value </font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Through Other </font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Comprehensive </font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Income</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Fair value</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Through</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> profit or loss</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> December 31,</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Derivative assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,571</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,571</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investment in Ten West Link</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-size: 10pt;">6,034</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">6,034</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other financial investments</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">275,899</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">275,899</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Clients and other receivables</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">236,395</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">236,395</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash and cash equivalents</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">12</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">631,542</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">631,542</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total financial assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,143,836</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">6,034</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">11,571</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,161,441</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Notes</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Amortized cost</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Fair Value </font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Through Other </font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Comprehensive </font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Income</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Fair value</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Through</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> profit or loss</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> December 31,</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Derivative assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">8,230</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">8,230</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investment in Ten West Link</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,088</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,088</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investment in Abengoa´s New Money</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,715</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,715</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other financial investments</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">243,347</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">243,347</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Clients and other receivables</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">244,449</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">244,449</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash and cash equivalents</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">12</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">669,387</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">669,387</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total financial assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,157,183</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,088</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,945</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,169,216</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Note 8.- Financial instruments by category</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Financial instruments are primarily deposits, derivatives, trade and other receivables and loans. Financial instruments by category (current and non-current), reconciled with the statement of financial position as of December 31, 2018 and 2017 are as follows:</font></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><br /></font></div><table border="0" cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Notes</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Amortized cost</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Fair Value </font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Through Other </font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Comprehensive </font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Income</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Fair value</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Through</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> profit or loss</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> December 31,</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Derivative assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,571</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,571</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investment in Ten West Link</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-size: 10pt;">6,034</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">6,034</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other financial investments</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">275,899</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">275,899</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Clients and other receivables</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">236,395</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">236,395</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash and cash equivalents</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">12</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">631,542</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">631,542</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total financial assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,143,836</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">6,034</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">11,571</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,161,441</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Corporate debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">14</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">684,073</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">684,073</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Project debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">15</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,091,114</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,091,114</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Related parties – non-current</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">10</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">33,675</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">33,675</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Trade and other current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">17</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">192,033</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">192,033</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Derivative liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">279,152</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">279,152</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total financial liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">6,000,89</font><font style="font-size: 10pt; font-weight: bold;">5</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">279,152</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">6,280,047</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Notes</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Amortized cost</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Fair Value </font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Through Other </font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Comprehensive </font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Income</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Fair value</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Through</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> profit or loss</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> December 31,</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Derivative assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">8,230</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">8,230</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investment in Ten West Link</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,088</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,088</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investment in Abengoa´s New Money</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,715</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,715</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other financial investments</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">243,347</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">243,347</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Clients and other receivables</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">244,449</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">244,449</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash and cash equivalents</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">12</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">669,387</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">669,387</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total financial assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,157,183</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,088</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,945</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,169,216</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Corporate debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">14</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">643,083</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">643,083</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Project debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">15</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,475,208</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,475,208</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Related parties – non-current</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">10</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">141,031</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">141,031</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Trade and other current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">17</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">155,144</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">155,144</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Derivative liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">329,731</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">329,731</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total financial liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">6,414,466</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">329,731</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">6,744,197</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other financial investments include primarily the short-term portion of contracted concessional assets (see Note 6).</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investment in Ten West Link as of December 31, 2018 is a 12.5% interest in a 114-mile transmission line in the U.S.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><table border="0" cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Corporate debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">14</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">684,073</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">684,073</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Project debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">15</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,091,114</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,091,114</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Related parties – non-current</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">10</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">33,675</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">33,675</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Trade and other current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">17</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">192,033</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">192,033</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Derivative liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">279,152</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">279,152</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total financial liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">6,000,89</font><font style="font-size: 10pt; font-weight: bold;">5</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">279,152</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">6,280,047</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Corporate debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">14</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">643,083</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">643,083</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Project debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">15</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,475,208</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,475,208</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Related parties – non-current</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">10</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">141,031</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">141,031</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Trade and other current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">17</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">155,144</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">155,144</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Derivative liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">329,731</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">329,731</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total financial liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">6,414,466</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">329,731</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">6,744,197</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Note 3.- Financial risk management</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Atlantica Yield’s activities are exposed to various financial risks: market risk (including currency risk and interest rate risk), credit risk and liquidity risk. Risk is managed by the Company’s Risk Finance and Compliance Departments, which are responsible for identifying and evaluating financial risks quantifying them by project, region and company, in accordance with mandatory internal management rules. Written internal policies exist for global risk management, as well as for specific areas of risk. In addition, there are official written management regulations regarding key controls and control procedures for each company and the implementation of these controls is monitored through internal audit procedures.</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">a)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Market risk</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company is exposed to market risk, such as movement in foreign exchange rates and interest rates. All of these market risks arise in the normal course of business and the Company does not carry out speculative operations. For the purpose of managing these risks, the Company uses a series of interest rate swaps and options, and currency options. None of the derivative contracts signed has an unlimited loss exposure.</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Interest rate risk</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Interest rate risk arises when the Company’s activities are exposed to changes in interest rates, which arises from financial liabilities at variable interest rates. The main interest rate exposure for the Company relates to the variable interest rate with reference to the Libor and Euribor. To minimize the interest rate risk, the Company primarily uses interest rate swaps and interest rate options (caps), which, in exchange for a fee, offer protection against an increase in interest rates. The Company does not use derivatives for speculative purposes.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">As a result, the notional amounts hedged, strikes contracted and maturities, depending on the characteristics of the debt on which the interest rate risk is being hedged, are very diverse, including the following:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">o</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Project debt in Euros: the Company hedges between 81% and 100% of the notional amount, maturities until 2030 and average guaranteed interest rates of between 0.60% and 4.87%.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">o</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Project debt in U.S. dollars: the Company hedges between 70% and 100% of the notional amount, including maturities until 2034 and average guaranteed interest rates of between 2.32% and 5.27%.</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In connection with the interest rate derivative positions of the Company, the most significant impacts on these consolidated financial statements are derived from the changes in EURIBOR or LIBOR, which represent the reference interest rate for the majority of the debt of the Company. In the event that Euribor and Libor had risen by 25 basis points as of December 31, 2018, with the rest of the variables remaining constant, the effect in the consolidated income statement would have been a loss of $2,731 thousand (a loss of $1,066 thousand in 2017 and a loss of $2,563 thousand in 2016) and an increase in hedging reserves of $32,928 thousand ($39,142 thousand in 2017 and $37,290 thousand in 2016). The increase in hedging reserves would be mainly due to an increase in the fair value of interest rate swaps designated as hedges.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A breakdown of the interest rates derivatives as of December 31, 2018 and 2017, is provided in Note 9.</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Currency risk</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The main cash flows in the entities included in these consolidated financial statements are cash collections arising from long-term contracts with clients and debt payments arising from project finance repayment. Given that financing of the projects is always closed in the same currency in which the contract with client is signed, a natural hedge exists for the main operations of the Company.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In addition, the Company policy is to contract currency options with leading financial institutions, which guarantee a minimum Euro-U.S. dollar exchange rate on the net distributions expected from Spanish solar assets. The net Euro exposure is 100% covered for the coming 12 months and 75% for the following 12 months on a rolling basis.</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">b)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Credit risk</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company considers that it has a limited credit risk with clients as revenues derive from power purchase agreements with electric utilities and state-owned entities. The Company has investment grade offtakers in all the assets except for Quadra 1&2, ATN2, Skikda and Honaine, which represent a low percentage of the cash available for distribution on a run-rate basis. In the case of Kaxu, the offtaker has a counter-guarantee from the Republic of South Africa.</font></div><div style="text-align: justify;"><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">c)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Liquidity risk</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Atlantica Yield’s liquidity and financing policy is intended to ensure that the Company maintains sufficient funds to meet our financial obligations as they fall due.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Project finance borrowing permits the Company to finance the project through project debt and thereby insulate the rest of its assets from such credit exposure. The Company incurs in project-finance debt on a project-by-project basis.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The repayment profile of each project is established on the basis of the projected cash flow generation of the business. This ensures that sufficient financing is available to meet deadlines and maturities, which mitigates the liquidity risk significantly.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">b)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">The assets and liabilities by operating segments (and business sector) at the end of 2018 and 2017 are as follows:</font></div></td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Assets and liabilities by geography as of December 31, 2018:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 95%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">North</font></div><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">America</font></div></td><td colspan="1" nowrap="nowrap" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="2" nowrap="nowrap" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">South America</font></div></td><td colspan="1" nowrap="nowrap" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="2" nowrap="nowrap" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">EMEA</font></div></td><td colspan="1" nowrap="nowrap" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="2" nowrap="nowrap" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of</font></div><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> December 31,</font></div><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Assets allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,453,652</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,210,624</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,884,905</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">8,549,181</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investments carried under the equity method</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">53,419</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">53,419</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Current financial investments</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">147,213</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">61,959</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">30,080</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">239,252</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash and cash equivalents (project companies)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">195,678</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">41,316</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">287,456</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">524,450</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">3,796,543</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,313,899</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">4,255,860</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,366,302</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Unallocated assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other non-current assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">188,736</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other current assets (including cash and cash equivalents at holding company level)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">363,993</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">552,729</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,919,031</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 95%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">North</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> America</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">South America</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">EMEA</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> December 31,</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Liabilities allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Long-term and short-term project debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,725,961</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">900,801</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,464,352</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,091,114</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Grants and other liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,527,724</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">7,550</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">122,852</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,658,126</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">3,253,685</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">908,351</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2,587,204</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">6,749,240</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Unallocated liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Long-term and short-term corporate debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">684,073</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other non-current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">523,827</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">205,779</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,413,679</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">8,162,919</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Equity unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,756,112</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities and equity unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">3,169,791</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities and equity</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,919,031</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><br /></font></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Assets and liabilities by geography as of December 31, 2017:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 95%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">North</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">America</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">South America</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">EMEA</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">December 31,</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Assets allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,770,169</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,100,778</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">4,213,323</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9,084,270</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investments carried under the equity method</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">55,784</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">55,784</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Current financial investments</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">116,451</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">59,831</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">31,263</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">207,545</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash and cash equivalents (project companies)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">149,236</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">42,548</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">329,078</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">520,862</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">4,035,856</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,203,157</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">4,629,448</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,868,461</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Unallocated assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other non-current assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">210,378</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other current assets (including cash and cash equivalents at holding company level)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">413,500</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">623,878</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">10,492,339</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 95%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">North</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> America</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">South America</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">EMEA</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> December 31,</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Liabilities allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Long-term and short-term project debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,821,102</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">876,063</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,778,043</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,475,208</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Grants and other liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,593,048</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">810</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">42,202</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,636,060</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">3,414,150</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">876,873</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2,820,245</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">7,111,268</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Unallocated liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Long-term and short-term corporate debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">643,083</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other non-current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">657,345</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">185,190</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,485,618</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">8,596,886</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Equity unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,895,453</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities and equity unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">3,381,071</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 47%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities and equity</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">10,492,339</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Note 18.- Income Tax</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">All the companies included in the Company file income taxes according to the tax regulations in force in each country on an individual basis or under consolidation tax regulations.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The consolidated income tax has been calculated as an aggregation of income tax expenses/income of each individual company. In order to calculate the taxable income of the consolidated entities individually, the accounting result is adjusted for temporary and permanent differences, recording the corresponding deferred tax assets and liabilities. At each consolidated income statement date, a current tax asset or liability is recorded, representing income taxes currently refundable or payable. Deferred income taxes reflect the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial statement and income tax purposes, as determined under enacted tax laws and rates.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Income tax payable is the result of applying the applicable tax rate in force to each tax-paying entity, in accordance with the tax laws in force in the country in which the entity is registered. Additionally, tax deductions and credits are available to certain entities, primarily relating to inter-company trades and tax treaties between various countries to prevent double taxation.</font></div><div><br /></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">As of December 31, 2018, and 2017, the analysis of deferred tax assets and deferred tax liabilities is as follows:</font></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><table align="center" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 80%;"><tr><td valign="bottom" style="vertical-align: bottom; width: 56%; padding-bottom: 2px;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Deferred tax assets</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 56%; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Concept</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Net tax credits for operating losses carryforwards</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">55,835</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">71,219</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Temporary differences derivatives financial instruments</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">79,865</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">93,719</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; padding-bottom: 2px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other temporary differences</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">366</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">198</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; padding-bottom: 4px; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total deferred tax assets</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">136,066</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">165,136</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Most of the net tax credits for operating losses carryforwards corresponds to Peru, South Africa and solar plants in Spain as of December 31, 2018.</font></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Temporary differences for derivatives financial instruments are mainly due to ACT ($13 million) and solar plants in Spain ($62 million).</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">In relation to tax loss carryforwards and deductions pending to be used recorded as deferred tax assets, the entities evaluate its recoverability projecting forecasted taxable income for the upcoming years and taking into account their tax planning strategy. Deferred tax liabilities reversals are also considered in these projections, as well as any limitation established by tax regulations in force in each tax jurisdiction.</font></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 56%;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Deferred tax liabilities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 56%; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Concept</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Temporary differences tax/book amortization</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">126,792</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">113,432</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other temporary differences tax/book value of contracted concessional assets</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">73,793</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">66,247</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 56%; padding-bottom: 2px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other temporary differences</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">10,415</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">6,904</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; padding-bottom: 4px; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total deferred tax liabilities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">211,000</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">186,583</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">As of December 31, 2018 and 2017, temporary differences as a result of accelerated tax amortization resulted in a net deferred tax liability position. These are primarily due to Solana and Mojave ($55 million in 2018 and $63 million in 2017) and solar plants in Spain ($74 million in 2018 and $51 million in 2017).</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">In the year ended as of December 31, 2017 there was an impact on the U.S. entities as a result of the tax reform and U.S. Internal Revenue Code Section 382 described as follows:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></td><td style="width: auto; vertical-align: top; text-align: justify;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">In December 2017 a tax reform, the Tax Cuts and Jobs Act, was enacted in the U.S., consisting mainly in a decrease in the corporate tax rate from 35% to 21% effective 1st of January 2018. The Company therefore adjusted the deferred tax assets and liabilities of its U.S. entities using the new enacted corporate tax rate as of December 31, 2017, resulting in a loss of $19 million recorded in the consolidated income statement for the year ended December 31, 2017;</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></td><td style="width: auto; vertical-align: top; text-align: justify;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">In addition, the U.S. Internal Revenue Code (“IRC”) Section 382 establishes an annual limitation on the use of U.S. Net Operating Losses (“NOLs”) as a result of an ownership change. An “ownership change” would occur if the direct and indirect “5-percent shareholders”, as defined under Section 382 of the IRC, collectively increased their ownership in the Company by more than 50 percentage points over a rolling three-year period. The Company experienced during 2017 an ownership change due to Abengoa´s restructuring and changes in its shareholders´s base. As a result, the U.S. NOLs carryforwards generated through the date of change are subject to an annual limitation under Section 382, which resulted in a derecognition of deferred tax assets previously recognized amounting to $96 million corresponding to an amount of $387 million of NOLs and also taking into consideration the newly enacted corporate tax rate of 21%. This loss has been recorded in the consolidated income statement for the year ended December 31, 2017.</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other temporary differences tax/book value of contracted concessional assets, which resulted in a net deferred tax liability position relate primarily to ACT in both years.</font></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The movements in deferred tax assets and liabilities during the years ended December 31, 2018 and 2017 were as follows:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0); width: 68%;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Deferred tax assets</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Amount</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">As of January 1, 2017</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">202,891</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increase/(decrease) through the consolidated income statement</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(31,421</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increase/(decrease) through other consolidated comprehensive income (equity)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(13,312</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other movements</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">6,978</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; padding-bottom: 4px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">As of December 31, 2017</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">165,136</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">First application of IFRS 9 as of December 31, 2017 (Note 2)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">11,811</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increase/(decrease) through the consolidated income statement</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(24,195</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increase/(decrease) through other consolidated comprehensive income (equity)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(10,685</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other movements</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(6,001</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; padding-bottom: 4px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">As of December 31, 2018</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">136,066</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td></tr></table><div><br /></div><table align="center" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 80%;"><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Deferred tax liabilities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Amount</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">As of January 1, 2017</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">95,037</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increase/(decrease) through the consolidated income statement</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">86,418</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increase/(decrease) through other consolidated comprehensive income (equity)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other movements</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">5,128</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; padding-bottom: 4px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">As of December 31, 2017</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">186,583</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">First application of IFRS 9 as of December 31, 2017 (Note 2)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">8,849</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increase/(decrease) through the consolidated income statement</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">17,996</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increase/(decrease) through other consolidated comprehensive income (equity)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Change in the scope of the consolidated financial statements (Note 5)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">590</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other movements</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(3,018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 68%; padding-bottom: 4px; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">As of December 31, 2018</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">211,000</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Details for income tax for the years ended December 31, 2018, 2017 and 2016 are as follows:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 54%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the twelve-month period ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 54%; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Item</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 54%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Current tax</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(468</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(1,998</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(1,018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: top; width: 54%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Deferred tax</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(42,191</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(117,839</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(648</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 54%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">-          relating to the origination and reversal of temporary differences</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(42,191</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(98,508</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(648</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">) <br /></font></div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 54%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">-          relating to changes in tax rates</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(19,331</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 54%; padding-bottom: 4px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total income tax benefit/(expense)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(42,659</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(119,837</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(1,666</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The reconciliation between the theoretical income tax resulting from applying an average statutory tax rate to income/(loss) before income tax and the actual income tax expense recognized in the consolidated income statements for the years ended December 31, 2018, 2017 and 2016, are as follows:</font></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><table cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Concept</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Consolidated income / (loss) before taxes</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">97,928</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">14,950</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">3,333</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Average statutory tax rate</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">30</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">%</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">30</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">%</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">30</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">%</font></div></td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Corporate income tax at average statutory tax rate</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(29,378</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(4,485</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(1,000</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Income tax of associates, net</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,639</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,765</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,110</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Differences in foreign tax rates</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">752</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">3,304</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(4,930</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Permanent differences</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">5,385</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">19,324</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">11,121</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Incentives, deductions, and unrecognized tax losses carryforwards</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(22,972</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(20,994</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(11,110</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Change in corporate income tax</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(19,331</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">U.S. Internal Revenue Code Section 382</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(96,328</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 64%; padding-bottom: 2px; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other non-taxable income/(expense)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,915</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(3,092</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,143</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; padding-bottom: 4px; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Corporate income tax</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(42,659</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(119,837</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(1,666</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Permanent differences in 2018, 2017 and 2016 are mainly due to ACT (Mexico).</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The main implications derived from the Tax Cuts and Jobs Act enacted in December 2017 in the U.S. entities are:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></td><td style="width: auto; vertical-align: top; text-align: justify;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">A reduction of the Federal income tax rate from 35% to 21%, effective since January 1, 2018. This measure will imply a reduction of the tax burden of the Company. The effect on the deferred tax assets and liabilities has resulted in a $19 million loss in the year 2017;</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></td><td style="width: auto; vertical-align: top; text-align: justify;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">A limitation of the deduction for net interest expense of all businesses in the U.S.  The new limitation is imposed on net interest expense that exceeds 30% of EBITDA from 2018 to 2021, and 30% of EBIT from 2022 onwards. Interests disallowed would be deducted in the future in the event that those limits are not exceeded. After having considered the impacts of Section 382 commented above, the Company does not expect significant negative effects from this net interest expense limitation;</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></td><td style="width: auto; vertical-align: top; text-align: justify;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">NOLs arising in tax years beginning after 2017 would be limited to 80% of taxable income. For new NOLs recognized after 2017, an indefinite carryforward would be allowed. The limitation of 80% is not applicable for NOLs generated before 2018. For existing NOLs before 2018, a carryforward of 20 years is still applicable. The new limitation does not trigger adverse tax effects to the U.S. subsidiaries of the Company considering the amount of NOLs to be generated in upcoming years and the projected amount of taxable income of these entities after having considered the impacts of Section 382;</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></td><td style="width: auto; vertical-align: top; text-align: justify;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">Base erosion anti-abuse tax (BEAT): The BEAT applies to certain U.S. corporations that make relevant deductible payments to foreign affiliates. The excess of 10% of a corporation’s taxable income increased by those payments to foreign related parties over its regular tax liability, will be the base erosion tax due. BEAT provisions do not trigger adverse tax consequences for the U.S. subsidiaries of the Company considering the amount of payments made to foreign affiliates for management and support services;</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></td><td style="width: auto; vertical-align: top; text-align: justify;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">Potential tax erosion in the U.S.: The Company does not expect to have material adverse tax consequences in the U.S. subsidiaries as a result of the measures previously described.</font></div></td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The table below shows a breakdown of the maturities of notional amounts of derivatives designated as cash flow hedges as of December 31, 2018 and 2017.</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 42%; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Notionals</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31, 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31, 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 42%; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Cap</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Swap</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cap</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Swap</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 42%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Up to 1 year</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">42,846</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">93,440</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">42,324</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">139,939</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 42%; vertical-align: top; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Between 1 and 2 years</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">45,603</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">119,568</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">45,422</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">94,285</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 42%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Between 2 and 3 years</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">48,774</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">234,572</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">48,215</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">103,536</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 42%; padding-bottom: 2px; vertical-align: top; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Subsequent years</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">535,774</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,858,061</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">620,378</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,893,850</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 42%; padding-bottom: 4px; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">672,997</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2,305,641</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">756,339</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2,231,611</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div style="text-align: left;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The table below shows a breakdown of the maturity of the fair values of derivatives designated as cash flow hedges as of December 31, 2018 and 2017. The net position of the fair value of caps and swaps for each year end reconciles with the net position of derivative assets and derivative liabilities in the consolidated statement of financial position:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 42%; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Fair value</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31, 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31, 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 42%; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Cap</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Swap</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cap</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Swap</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 42%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Up to 1 year</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">493</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(11,848</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">347</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(13,224</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 42%; vertical-align: top; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Between 1 and 2 years</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,172</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(13,231</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">978</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(14,378</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 42%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Between 2 and 3 years</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">562</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(15,151</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">396</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(15,923</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 42%; padding-bottom: 2px; vertical-align: top; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Subsequent years</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">8,344</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(238,922</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">6,509</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(286,206</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 42%; padding-bottom: 4px; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">11,571</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(279,152</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">8,230</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(329,731</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">)</font></div></td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The table below shows the breakdown and the movement of the investments held in associates for 2018 and 2017:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 56%; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Investments in associates</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Initial balance</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">55,784</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">55,009</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Share of (loss)/profit</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,231</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,351</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Dividend distribution</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(4,463</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(2,454</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Equity distribution</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(122</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(549</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Others (incl. currency translation differences)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(3,011</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(1,573</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Final balance</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">53,419</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">55,784</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Note 7.- Investments carried under the equity method</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The table below shows the breakdown and the movement of the investments held in associates for 2018 and 2017:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 56%; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Investments in associates</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Initial balance</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">55,784</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">55,009</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Share of (loss)/profit</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,231</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,351</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Dividend distribution</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(4,463</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(2,454</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Equity distribution</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(122</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(549</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Others (incl. currency translation differences)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(3,011</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(1,573</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Final balance</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">53,419</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">55,784</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">There are no significant movement of the investments held in associates during the year 2018.</font></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><br /></font></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The tables below show a breakdown of stand-alone amounts of assets, revenues and profit and loss as well as other information of interest for the years 2018 and 2017 for the associated companies:</font></div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Company</font></div></td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">%</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Shares</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Non-</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> current</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> assets</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Current</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> assets</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Non-</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> current</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> liabilities</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Current</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> liabilities</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Revenue</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Operating</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> profit/</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> (loss)</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Net</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> profit/</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> (loss)</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Investment</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> under the</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> equity</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> method</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Evacuación Valdecaballeros, S.L.</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">57.16</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">19,679</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">820</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">381</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">420</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">320</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(668</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(693</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">8,773</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Myah Bahr Honaine, S.P.A.(*)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">25.50</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">186,484</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">63,224</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">81,942</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">13,184</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">50,118</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">25,778</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">22,193</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">43,161</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Pectonex, R.F. Proprietary Limited</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">50.00</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,186</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(209</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(209</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,485</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Evacuación Villanueva del Rey, S.L</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">40.02</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,190</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">257</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,021</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">383</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">44</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 10%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Ca Ku A1, S.A.P.I de CV (PTS)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5.00</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">50,547</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">13</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">50,625</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(83</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(624</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">As of December 31, 2018</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">263,086</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">64,314</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">84,344</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">64,614</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">50,438</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">24,862</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">20,667</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">53,419</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Company</font></div></td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">%</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Shares</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Non-</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> current</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> assets</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Current</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> assets</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Non-</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> current</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> liabilities</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Current</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> liabilities</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Revenue</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Operating</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> profit/</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> (loss)</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Net</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> profit/</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(loss)</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Investment</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> under the</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> equity</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> method</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Evacuación Valdecaballeros, S.L.</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">57.16</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">21,306</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">841</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">373</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">451</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">298</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(708</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(730</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9,175</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Myah Bahr Honaine, S.P.A.(*)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">25.50</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">195,275</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">64,114</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">91,205</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">12,649</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">46,767</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">28,468</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">24,464</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">43,365</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Pectonex, R.F. Proprietary Limited</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">50.00</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,904</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(206</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(206</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,244</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 10%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Evacuación Villanueva del Rey, S.L</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">40.02</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,526</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">53</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,265</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">190</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">37</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">As of December 31, 2017</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">240,011</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">65,008</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">93,843</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">13,292</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">47,065</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">27,591</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">23,528</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">55,784</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div style="text-align: left;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company has no control over Evacuación Valdecaballeros, S.L. as all relevant decisions of this company require the approval of a minimum of shareholders accounting for more than 75% of the shares.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">None of the associated companies referred to above is a listed company.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(*) Myah Bahr Honaine, S.P.A., the project entity, is 51% owned by Geida Tlemcen, S.L. which is accounted for using the equity method in these consolidated financial statements. Share of profit of Myah Bahr Honaine S.P.A. included in these consolidated financial statements amounts to $5,659 thousand in 2018 and $6,238 thousand in 2017.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Note 13.- Equity</font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Atlantica Yield’s shares began trading on the NASDAQ Global Select Market under the symbol “ABY” on June 13, 2014. The symbol changed to “AY” on November 11, 2017.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">As of December 31, 2018, the share capital of the Company amounts to $10,021,726 represented by 100,217,260 ordinary shares completely subscribed and disbursed with a nominal value of $0.10 each, all in the same class and series. Each share grants one voting right. Algonquin completed in 2018 the acquisition from Abengoa of its entire stake in Atlantica Yield, 41.47% of the total shares of the Company, becoming the largest shareholder of the Company.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Atlantica Yield reserves as of December 31, 2018 are made up of share premium account and distributable reserves.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Retained earnings primarily include results attributable to Atlantica Yield in the years 2018, 2017 and 2016.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Non-controlling interests fully relate to interests held by JGC in Solacor 1 and Solacor 2, by Idae in Seville PV, by Itochu Corporation in Solaben 2 and Solaben 3, by Algerian Energy Company, SPA and Sacyr Agua S.L. in Skikda and by Industrial Development Corporation of South Africa (IDC) and Kaxu Community Trust in Kaxu Solar One (Pty) Ltd.</font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Additional information of subsidiaries including material Non-controlling interests as of December 31, 2018 and 2017, are disclosed in Appendix IV.</font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Dividends declared during the year 2018:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">On February 27, 2018, the Board of Directors declared a dividend of $0.31 per share corresponding to the fourth quarter of 2017. The dividend was paid on March 27, 2018.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">On May 11, 2018, the Board of Directors of the Company approved a dividend of $0.32 per share corresponding to the first quarter of 2018. The dividend was paid on June 15, 2018.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">On July 31, 2018, the Board of Directors of the Company approved a dividend of $0.34 per share corresponding to the second quarter of 2018. The dividend was paid on September 15, 2018.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">On October 31, 2018, the Board of Directors declared a dividend of $0.36 per share corresponding to the third quarter of 2018. The dividend was paid on December 14, 2018.</font></div></td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In addition, as of December 31, 2018, there was no treasury stock and there have been no transactions with treasury stock during the period then ended.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">a)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following tables show Revenues and Further Adjusted EBITDA by operating segments and business sectors for the years 2018, 2017 and 2016:</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Revenue</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Further Adjusted EBITDA</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Geography</font></div></td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">North America</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">357,177</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">332,705</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">337,061</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">308,748</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">282,328</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">284,691</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">South America</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">123,214</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">120,797</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">118,764</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">100,234</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">108,766</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">124,599</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; padding-bottom: 2px; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">EMEA</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">563,431</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">554,879</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">515,972</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">441,625</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">388,216</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">354,020</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; padding-bottom: 4px; vertical-align: top; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,043,822</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,008,381</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">971,797</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">850,607</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">779,310</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">763,310</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div style="text-align: left;"><br /></div><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Revenue</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Further Adjusted EBITDA</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Business sectors</font></div></td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable energy</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">793,557</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">767,226</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">724,325</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">664,428</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">569,193</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">538,427</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Efficient natural gas</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">130,799</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">119,784</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">128,046</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">93,858</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">106,140</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">106,492</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Electric transmission lines</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">95,998</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">95,096</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">95,137</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">78,461</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">87,695</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">104,795</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Water</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">23,468</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">26,275</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">24,288</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">13,860</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">16,282</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">13,596</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; padding-bottom: 4px; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,043,822</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,008,381</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">971,797</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">850,607</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">779,310</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">763,310</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The reconciliation of segment Further Adjusted EBITDA with the profit/(loss) attributable to the parent company is as follows:</font></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><br /></font></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 54%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 54%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 54%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Profit/(Loss) attributable to the Company</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">41,596</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(111,804</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(4,855</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 54%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Profit attributable to non-controlling interests</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">13,673</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">6,917</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">6,522</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 54%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Income tax</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">42,659</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">119,837</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,666</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 54%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Share of profits/(losses) of associates</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(5,231</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(5,351</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(6,646</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 54%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Dividend from exchangeable preferred equity investment in ACBH (Note 21)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">10,383</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">27,948</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 54%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Financial expense, net</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">395,213</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">448,368</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">405,750</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 54%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Depreciation, amortization, and impairment charges</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">362,697</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">310,960</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">332,925</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 54%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total segment Further Adjusted EBITDA</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">850,607</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">779,310</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</font></div></td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">763,310</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><table cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the twelve-month year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><u><font style="font-weight: bold; font-size: 10pt; font-family: 'Times New Roman';">Other operating expenses</font></u></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Leases and fees</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(1,716</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(6,641</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(5,309</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Operation and maintenance</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(145,857</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(129,873</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(133,292</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Independent professional services</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(43,229</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(36,178</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(30,515</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Supplies</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(25,947</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(20,350</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(17,177</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Insurance</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(24,227</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(24,289</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(23,390</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Levies and duties</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(37,439</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(52,409</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(44,440</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 2px; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other expenses</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(21,579</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(14,721</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(6,195</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 4px; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(299,994</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(284,461</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(260,318</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Note 20.- Other operating income and expenses</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The table below shows the detail of Other operating income and expenses for the years ended December 31, 2018, 2017 and 2016:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the twelve-month year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><u><font style="font-weight: bold; font-size: 10pt; font-family: 'Times New Roman';">Other operating income</font></u></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Grants</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">59,421</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">59,707</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">59,085</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Income from various services and insurance proceeds</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">34,181</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">21,137</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">6,453</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 2px; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Income from the purchase of the long-term operation and maintenance payable to Abengoa (see Note 10)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">38,955</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 4px; background-color: rgb(255, 255, 255);"><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">132,557</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">80,844</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">65,538</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the twelve-month year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><u><font style="font-weight: bold; font-size: 10pt; font-family: 'Times New Roman';">Other operating expenses</font></u></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Leases and fees</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(1,716</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(6,641</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(5,309</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Operation and maintenance</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(145,857</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(129,873</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(133,292</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Independent professional services</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(43,229</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(36,178</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(30,515</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Supplies</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(25,947</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(20,350</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(17,177</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Insurance</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(24,227</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(24,289</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(23,390</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Levies and duties</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(37,439</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(52,409</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(44,440</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 2px; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other expenses</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(21,579</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(14,721</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(6,195</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 4px; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(299,994</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(284,461</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(260,318</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Grants income mainly relate to ITC cash grants and implicit grants recorded for accounting purposes in relation to the FFB loans with interest rates below market rates in Solana and Mojave projects (See Note 16).</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The table below shows the detail of Other operating income and expenses for the years ended December 31, 2018, 2017 and 2016:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the twelve-month year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><u><font style="font-weight: bold; font-size: 10pt; font-family: 'Times New Roman';">Other operating income</font></u></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Grants</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">59,421</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">59,707</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">59,085</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Income from various services and insurance proceeds</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">34,181</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">21,137</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">6,453</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 2px; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Income from the purchase of the long-term operation and maintenance payable to Abengoa (see Note 10)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">38,955</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 4px; background-color: rgb(255, 255, 255);"><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">132,557</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">80,844</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">65,538</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Assets and liabilities by business sectors as of December 31, 2018:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 95%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> energy</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Efficient</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> natural</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> gas</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Electric</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> lines</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Water</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> of</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> December</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 31,</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Assets allocated</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">6,998,020</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">580,997</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">882,980</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">87,184</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">8,549,181</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investments carried under the equity method</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">10,257</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">43,162</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">53,419</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Current financial investments</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">15,396</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">147,192</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">61,102</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">15,562</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">239,252</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash and cash equivalents (project companies)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">453,096</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">45,625</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">14,043</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,686</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">524,450</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">7,476,769</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">773,814</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">958,125</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">157,594</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,366,302</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Unallocated assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other non-current assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">188,736</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other current assets (including cash and cash equivalents at holding company level)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">363,993</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">552,729</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 40%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,919,031</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div style="text-align: left;"><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 95%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 35%; padding-bottom: 2px; vertical-align: middle;"><div style="text-align: left; text-indent: -9pt; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; margin-left: 9pt;">Liabilities allocated</div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Renewable</font></div><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">energy</font></div></td><td colspan="1" nowrap="nowrap" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="2" nowrap="nowrap" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Efficient</font></div><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">natural gas</font></div></td><td colspan="1" nowrap="nowrap" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="2" nowrap="nowrap" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Electric</font></div><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">transmission</font></div><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">lines</font></div></td><td colspan="1" nowrap="nowrap" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="2" nowrap="nowrap" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Water</font></div></td><td colspan="1" nowrap="nowrap" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" style="width: 1%; text-align: center; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="2" nowrap="nowrap" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of</font></div><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">December 31,</font></div><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Long-term and short-term project debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,868,626</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">545,123</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">647,820</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">29,545</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,091,114</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Grants and other liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,656,146</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">161</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,025</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">794</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,658,126</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">5,524,772</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">545,284</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">648,845</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">30,339</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">6,749,240</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Unallocated liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Long-term and short-term corporate debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">684,073</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other non-current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">523,827</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">205,779</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,413,679</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">8,162,919</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Equity unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,756,112</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities and equity unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">3,169,791</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities and equity</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,919,031</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Assets and liabilities by business sectors as of December 31, 2017:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 95%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 35%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">energy</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Efficient</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> natural</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> gas</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Electric</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> lines</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Water</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> of</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> December</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 31,</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Assets allocated</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">7,436,362</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">660,387</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">897,269</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">90,252</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9,084,270</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investments carried under the equity method</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">12,419</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">43,365</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">55,784</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Current financial investments</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">17,249</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">116,430</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">59,289</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">14,577</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">207,545</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash and cash equivalents (project companies)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">452,792</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">39,064</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">15,325</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">13,681</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">520,862</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">7,918,822</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">815,881</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">971,883</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">161,875</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,868,461</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Unallocated assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other non-current assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">210,378</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other current assets (including cash and cash equivalents at holding company level)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">413,500</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">623,878</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">10,492,339</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 95%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 35%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">energy</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Efficient</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">natural gas</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Electric</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">lines</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Water</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">December 31,</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Liabilities allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Long-term and short-term project debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">4,162,596</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">579,173</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">698,346</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">35,093</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,475,208</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Grants and other liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,635,508</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">552</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,636,060</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal allocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">5,798,104</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">579,725</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">698,346</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">35,093</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">7,111,268</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Unallocated liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Long-term and short-term corporate debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">643,083</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other non-current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">657,345</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">185,190</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subtotal unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,485,618</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">8,596,886</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Equity unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1,895,453</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities and equity unallocated</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">3,381,071</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 35%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total liabilities and equity</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">10,492,339</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Note 10.- Related parties</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">During the normal course of business, the Company has historically conducted operations with related parties consisting mainly of Abengoa´s subsidiaries and non-controlling interests. The transactions were completed at market rates.</font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Further to the sale of its remaining 16.47% stake in the Company to Algonquin on November 27, 2018, Abengoa ceased to fulfill the conditions to be a related party as per IAS 24 - Related Parties Disclosures. Algonquin on its side is a related party since it completed the acquisition of a 25% stake in the Company in March 2018.</font></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Details of balances with related parties as of December 31, 2018 and 2017 are as follows:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 66%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 66%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 66%; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 66%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Credit receivables (current)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,328</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,567</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total current receivables with related parties</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">5,328</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">11,567</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; vertical-align: middle; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Credit receivables (non-current)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,108</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total non-current receivables with related parties</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2,108</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Trade payables (current)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">19,352</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">63,409</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total current payables with related parties</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">19,352</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">63,409</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; vertical-align: middle; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Credit payables (non-current)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">33,675</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">141,031</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total non-current payables with related parties</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">33,675</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">141,031</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Receivables and payables as of December 31, 2018 fully relate to debts with non-controlling interests partners in Kaxu, Solaben 2&3 and Solacor 1&2.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Payables to related parties as of December 31, 2017 included mainly payables to Abengoa, mainly for Operation and Maintenance services.  The operation and maintenance services received in some of the Spanish solar assets of the Company include a variable portion payable in the long term. On April 26, 2018, Atlantica Yield plc purchased from Abengoa the long-term operation and maintenance payable accrued for the period up to December 31, 2017, which was recorded for an amount of $57.3 million at the date of repayment. The Company paid $18.3 million for this extinguishment of debt and accounted for the difference of $39.0 million with the carrying amount of the debt as an income in the profit and loss statement.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total payables to Abengoa as of December 31, 2018 amount to $35.3 million, primarily made up of Operation and Maintenance services, but are not considered as related party balance anymore.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The transactions carried out by entities included in these consolidated financial statements with related parties not included in the consolidation perimeter of Atlantica Yield, primarily with Abengoa and with subsidiaries of Abengoa, during the twelve-month periods for the years ended December 31, 2018, 2017 and 2016 have been as follows:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 44%; text-indent: -9pt; padding-bottom: 2px; margin-left: 9pt; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">For the twelve-month period ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 44%; text-indent: -9pt; padding-bottom: 2px; margin-left: 9pt; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 44%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Services rendered</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,495</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,220</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 44%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Services received</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(101,582</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(114,416</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(115,779</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 44%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Financial income</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,721</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">74</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">60</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 44%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Financial expenses</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(398</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(1,154</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(2,460</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Services received primarily include operation and maintenance services received by some assets.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">As of December 31, 2017, the figures detailed in the table above do not include the compensation received from Abengoa in lieu of dividends from ACBH for $10.4 million. As of December 31, 2016, the figures do not include the compensation received from Abengoa in lieu of dividends from ACBH for $28.0 million, income for the cancellation of the subordinated debt Solnova Electricidad S.A. owed to Abener for $7.6 million and income of $1.7 million for discounts received from Abengoa for the prepayment of payables.</font></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><br /></font></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In addition, Abengoa maintains a number of obligations under EPC, O&M and other contracts, as well as indemnities covering certain potential risks. Additionally, Abengoa represented that further to the accession to the restructuring agreement, Atlantica Yield would not be a guarantor of any obligation of Abengoa with respect to third parties and agreed to indemnify the Company for any penalty claimed by third parties resulting from any breach in such representations. The Company has contingent assets, which have not been recognized as of December 31, 2018, related to the obligations of Abengoa referred above, which result and amounts will depend on the occurrence of uncertain future events. In particular as of April 26, 2018 and November 27, 2018 Abengoa agreed to pay Atlantica certain amounts subject to conditions which are beyond the control of the Company.</font></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><br /></font></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In November 2017, in the context of the agreement reached between Abengoa and Algonquin for the initial acquisition by Algonquin of 25.0% of the shares of the Company and based on the obligations of Abengoa under an EPC contract, the DOE signed a consent in relation to the Solana and Mojave projects which reduced the minimum ownership required by Abengoa in the Company from 30.0% to 16.0%. Solana received an aggregate amount of $120 million in payments from Abengoa ($42.5 million in December 2017 and $77.5 million in March 2018). Of the received sums, $95 million was used to repay Solana project debt and $25 million was set aside to cover other Abengoa obligations. In addition, in November 2018 in the context of the DOE consent to allow Abengoa to sell entirely its stake in Atlantica Yield, Solana received $16.5 million, of which $9 million was used to repay project debt and $7.5 million were set aside to cover potential repairs and other Abengoa obligations. Additionally, the long-term payments </font>schedule <font style="font-family: 'Times New Roman'; font-size: 10pt;">signed between Abengoa and Solana was amended to include $7.4 million payable semi-annually over 2 years and $10.3 million payable semi-annually over the subsequent 4 years, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">beginning in January 2019. Solana also received a parcel of land adjacent to the Solana site accounted for at a fair value of $7.3 million. Furthermore, Abengoa agreed to pay $13 million to fund a reserve account progressively in 2020 and 2021. If Abengoa were not to make these payments, the Company would need to make them and in return will reduce the future bonus payments to Abengoa under the operation and maintenance agreements in the corresponding amounts. The aforementioned amounts result of Abengoa’s obligations as EPC contractor. </font>Likewise, in November 2018, and after satisfying all conditions precedent to completion, the DOE signed a consent in relation to the Solana and Mojave projects for the sale of the remaining Abengoa’s 16.47% interest in the Company to Algonquin. The share sale was completed on November 27, 2018. The main part of the aforementioned amounts are based on the EPC Contract guarantee for liquidated damages considering the average production during the first three years of ramp-up period of the plant which is a service-concession arrangement under IFRIC 12 (intangible asset). For these amounts, the Company reduced the value of the intangible asset since this amount was a variable consideration. In addition, the amortization of the plant is adjusted accordingly.</font></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><br /></font></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company entered into a Financial Support Agreement on June 13, 2014 under which Abengoa agreed to maintain any guarantees and letters of credit that have been provided by it on behalf of or for the benefit of Atlantica Yield and its affiliates for a period of five years. As of December 31, 2018, the aforementioned guarantees amounted to $23 million. In the context of that agreement, in July 2017, Atlantica replaced guarantees amounting to $112 million previously issued by Abengoa, out of which $55 million were canceled in June 2018.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The tables below show a breakdown of stand-alone amounts of assets, revenues and profit and loss as well as other information of interest for the years 2018 and 2017 for the associated companies:</font></div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Company</font></div></td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">%</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Shares</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Non-</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> current</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> assets</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Current</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> assets</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Non-</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> current</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> liabilities</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Current</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> liabilities</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Revenue</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Operating</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> profit/</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> (loss)</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Net</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> profit/</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> (loss)</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Investment</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> under the</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> equity</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> method</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Evacuación Valdecaballeros, S.L.</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">57.16</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">19,679</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">820</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">381</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">420</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">320</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(668</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(693</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">8,773</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Myah Bahr Honaine, S.P.A.(*)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">25.50</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">186,484</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">63,224</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">81,942</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">13,184</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">50,118</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">25,778</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">22,193</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">43,161</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Pectonex, R.F. Proprietary Limited</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">50.00</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,186</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(209</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(209</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,485</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Evacuación Villanueva del Rey, S.L</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">40.02</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,190</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">257</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,021</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">383</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">44</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 10%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Ca Ku A1, S.A.P.I de CV (PTS)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5.00</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">50,547</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">13</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">50,625</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(83</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(624</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">As of December 31, 2018</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">263,086</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">64,314</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">84,344</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">64,614</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">50,438</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">24,862</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">20,667</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">53,419</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Company</font></div></td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">%</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Shares</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Non-</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> current</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> assets</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Current</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> assets</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Non-</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> current</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> liabilities</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Current</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> liabilities</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Revenue</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Operating</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> profit/</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> (loss)</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Net</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> profit/</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(loss)</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Investment</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> under the</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> equity</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> method</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Evacuación Valdecaballeros, S.L.</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">57.16</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">21,306</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">841</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">373</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">451</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">298</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(708</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(730</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9,175</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Myah Bahr Honaine, S.P.A.(*)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">25.50</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">195,275</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">64,114</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">91,205</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">12,649</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">46,767</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">28,468</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">24,464</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">43,365</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Pectonex, R.F. Proprietary Limited</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">50.00</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,904</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(206</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(206</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,244</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 10%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Evacuación Villanueva del Rey, S.L</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">40.02</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,526</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">53</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,265</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">190</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">37</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">As of December 31, 2017</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">240,011</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">65,008</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">93,843</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">13,292</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">47,065</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">27,591</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">23,528</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 7%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">55,784</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Note 2.- Significant accounting policies</font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.1 Basis of preparation</font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">These consolidated financial statements are presented in accordance with the International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”).</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The consolidated financial statements are presented in U.S. dollars, which is the Company’s functional and presentation currency. Amounts included in these consolidated financial statements are all expressed in thousands of U.S. dollars, unless otherwise indicated.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Application of new accounting standards</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">a)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Standards, interpretations and amendments effective from January 1, 2018 under IFRS-IASB, applied by the Company in the preparation of these consolidated financial statements:</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 9 ‘Financial Instruments’</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 15 ‘Revenues from contracts with Customers’</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 15 (Clarifications) ‘Revenues from contracts with Customers’</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 16 ‘Leases’. This Standard is applicable for annual periods beginning on or after January 1, 2019 under IFRS-IASB, earlier application is permitted, but conditioned to the application of IFRS 15.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 2 (Amendment) ‘Classification and Measurement of Share-based Payment Transactions’.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 4 (Amendment). Applying IFRS 9 ‘Financial Instruments’ with IFRS 4 ‘Insurance Contracts’.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Annual Improvements to IFRSs 2015-2017 cycles.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRIC 22 Foreign Currency Transactions and Advance Consideration.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IAS 40 (Amendment). Transfers of Investment Property.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IAS 28 (Amendment). Long-term Interests in Associates and Joint Ventures.</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The applications of these amendments have not had any material impact on these consolidated financial statements.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In relation to IFRS 15, IFRS 9 and IFRS 16, the Company performed the following analysis:</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><u>IFRS 15 ‘Revenues from contracts with Customers’</u></font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In May 2014, the IASB (International Accounting Standards Board) published IFRS 15 “Recognition of Revenue from Contracts with Customers”. This Standard brings together all the applicable requirements and replaces the current standards for recognizing revenue: IAS 11 Construction Contracts, IAS 18 Revenue, IFRIC 13 Customer Loyalty Program, IFRIC 15 Agreements for the Construction of Real Estate, IFRIC 18 Transfers of Assets from Customers and SIC-31 Revenue—Barter Transactions Involving Advertising Services.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The new requirements may lead to changes in the current revenue profile, since the Standard’s main principle is that the Company must recognize its revenue in accordance with the transfer of goods or services to the customers in an amount which reflects the consideration that the Company expects to receive in exchange for these goods or services. The model laid out by the Standard is structured in five steps:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Step 1: Identifying the contract with the customer.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Step 2: Identifying the performance obligations.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Step 3: Determining the transaction price.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Step 4: Assigning the transaction price in the performance obligations identified in the contract.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Step 5: Recognition of revenue when (or as) the Company performs the performance obligations.</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional assets and price purchase agreements (PPAs) include fixed assets financed through project debt, related to service concession arrangements recorded in accordance with International Financial Reporting Interpretations Committee 12 (“IFRIC 12”), except for Palmucho, which is recorded in accordance with IAS 17 and PS10, PS20, Seville PV, Mini-hydro and Chile TL3, which are recorded as tangible assets in accordance with IAS 16. The infrastructures accounted for by the Company as concessions are related to the activities concerning electric transmission lines, solar electricity generation plants, efficient natural gas plants, wind farms and water plants.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Currently, assets recorded in accordance with IFRIC 12 are classified as intangible assets or as financial assets, depending on the nature of the payment entitlements established in the contracts.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">According to IFRS 15, the Company should assess the goods and services promised in the contracts with the customers and shall identify as a performance obligation each promise to transfer to the customer a good or service (or a bundle of goods or services).</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In the case of contracts related to financial assets, the Company has identified two performance obligations (construction and operation of the asset). The contracts state that each service (construction and operation) has its own transaction price. For this reason, both performance obligations are separately identifiable in the context of the contract. The Company must allocate the total consideration to be received by the contract to each performance obligation. As mentioned above, the different services performed have been identified as two different performance obligations (construction and operation). Each performance obligation has its own transaction price stated in the contract. Such transaction prices are agreed in the contract by the parties in an orderly transaction, with no interrelation between both transaction prices and therefore correspond to the fair value of the goods and services provided in each case. As a result, for IFRS 15 purposes, the total transaction price will be allocated to each performance obligation in accordance with the two transaction prices stated within the contract, as they represent the respective fair values of the identified performance obligations.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">For the assets classified as intangible assets, the Company has identified the same performance obligations, (construction and operation), but in this case the consideration received by the Company for the construction services is a license. The grantor makes a non-cash payment for the construction services by giving the operator an intangible asset. When allocating fair value for IFRS 15 purposes, the Company will recognize as revenue for the first performance obligation the fair value of the construction services, and the amount corresponding to the sales of energy as the fair value of second performance obligation (operation).</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Additionally, in both cases, the services are satisfied over time. All the concessional assets of the Company are in operation and the Company satisfies the performance obligations and recognizes revenue over time. The same conclusion applies to concessional assets that are classified as tangible assets or leases.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 15 also incorporates specific criteria to determine which costs relating to a contract should be capitalized by distinguishing between incremental costs of obtaining a contract and costs associated with fulfilling a contract. No significant costs of obtaining a contract or compliance (other than those that are already capitalized) have been identified.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">As the practice for revenue recognition applied until December 31, 2017, is consistent with the analysis above under IFRS 15, the Company considers that the adoption of this standard has no impact in the consolidated financial statements of the Company.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Also, the Company adopted IFRS 15 applying the full retrospective method to each prior reporting period presented, but without changes in the comparative reporting periods as the adoption of the standard has no effect in the consolidated financial statements.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><u>IFRS 9 ‘Financial Instruments’</u></font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 9 Financial Instruments issued on 24 July 2014 is the IASB’s replacement of IAS 39 Financial Instruments: Recognition and Measurement. The standard addresses the classification, measurement and derecognition of financial assets and financial liabilities, introduces new rules for hedge accounting and a new impairment model for financial assets. The Company adopted the standard as of January 1, 2018, including the new requirements for hedge accounting. The Company adopted retrospectively without re-expressing comparative periods. The analysis performed by the Company is as follows:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 18pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Classification and measurement of financial instruments:</font></div></td></tr></table><div><br /></div><div style="text-align: left; margin-left: 18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">a)         Financial assets: IFRS 9 classifies all financial assets that are currently in the scope of IAS 39 into two categories:  amortized cost and fair value. Where assets are measured at fair value, gains and losses are either recognized entirely in profit or loss (fair value through profit or loss, “FVTPL”), or recognized in other comprehensive income (fair value through other comprehensive income, “FVTOCI”). The new guidance has no significant impact on the classification and measurement of the financial assets of the Company as the vast majority of financial assets (except for derivatives) are currently measured at amortized cost, and meet the conditions for classification at amortized cost under IFRS 9. As a result, the Company maintained this classification.</font></div><div><br /></div><div style="text-align: left; margin-left: 18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">b)         Financial liabilities: IFRS 9 does not change the basic accounting model for financial liabilities under IAS 39. Two measurement categories continue to exist: FVTPL and amortized cost. Financial liabilities held for trading are measured at FVTPL, and all other financial liabilities are measured at amortized cost unless the fair value option is applied. As a result, the Company concluded that there is no significant impact on the consolidated financial statements.</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 18pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">The new impairment model requires the recognition of impairment provisions based on expected credit losses (“ECL”) rather than only incurred credit losses as is the case under IAS 39. The Company reviewed its portfolio of financial assets subject to the new model of impairment under the new methodology (using credit default swaps, rating from credit agencies and other external inputs in order to estimate the probability of default), and recorded an adjustment to the opening balance sheet of these consolidated financial statements as detailed below in the table showing the adjustments arising from the application of IFRS 9.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 18pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">The accounting for certain modifications and exchanges of financial liabilities measured at amortized cost (e.g. bank loans and issued bonds) changes on the transition from IAS 39 to IFRS 9. This change arises from a clarification by the IASB in the Basis for Conclusions of IFRS 9. Under IFRS 9 it is now clear that there can be an effect in the income statement for modification and exchanges of financial liabilities that are considered “non-substantial” (when the net present value of the cash flows, including any fees paid net of any fees received, is lower than 10% different from the net present value of the remaining cash flows of the liability prior to the modification, both discounted at the original effective interest rate). The Company reviewed retrospectively these transactions and recorded an adjustment to the opening balance sheet of these consolidated financial statements as detailed below in the table showing the adjustments arising from the application of IFRS 9.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 18pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 9 also introduces changes in hedge accounting. The hedge accounting requirements in IFRS 9 are optional and tend to facilitate the use of hedge accounting by preparers of financial statements. As a result, the Company reviewed its portfolio of derivatives and recorded an adjustment to the opening balance sheet of these consolidated financial statements as detailed below in the table showing the adjustments arising from the application of IFRS 9.</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The impact of applying IFRS 9 to the consolidated financial statements for the year ended December 31, 2018 is not significant.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><u>IFRS 16 ‘Leases’</u></font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The IASB issued a new lease accounting standard, IFRS 16, in January 2016, which requires the recognition of lease contracts on the consolidated statement of financial position.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 16 eliminates the classification of leases as either operating leases or finance leases for a lessee. Instead all leases are treated in a similar way to finance leases applying IAS 17. Leases are ‘capitalized’ by recognizing the present value of the lease payments and showing them either as lease assets (right-of-use of assets) or together with contracted concessional assets. If lease payments are made over time, a company also recognizes a financial liability representing its obligation to make future lease payments.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In the income statement, IFRS 16 replaces the straight-line operating lease expense for those leases applying IAS 17, with a depreciation charge for the lease asset (included within operating expenses) and an interest expense on the lease liability (included within finance expenses). IFRS 16 also impacts the presentation of cash flows related to former off-balance sheet leases.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company performed its assessment of the impact on its consolidated financial statements. The most significant impact identified is that the Company recognizes new assets and liabilities for its existing operating leases of land rights, buildings, offices and equipment.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The standard is effective for annual periods beginning on or after January 1, 2019, with earlier application permitted for entities that apply IFRS 15 at or before the date of initial application of IFRS 16. The Company decided to early adopt the standard as of January 1, 2018.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">An entity shall apply this standard using one of the following two methods: full retrospectively approach or a modified retrospective approach. The Company has chosen the latter and accounted for assets as an amount equal to liability at the date of initial application. The impact on the opening balance sheet of these consolidated financial statements is shown in the table below.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The impact of applying IFRS 16 to the consolidated financial statements for the year ended December 31, 2018 is not significant.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><u>Summary of adjustments arising from application of IFRS 9 and IFRS 16 as of December 31, 2017</u></font></div><div><br /></div><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">IFRS 9 Adjustments</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: top;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">($ in thousands)</font></div></td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">As</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">reported</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Expected</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> credit</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> losses (*)</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Modification</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> of financial</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> liabilities</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Hedge</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> accounting</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">IFRS 16</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Adjustments</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Restated at</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> January</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 1, 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9,084,270</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(53,048</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">62,982</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9,094,204</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Deferred tax assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">165,136</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">14,866</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(3,055</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">176,947</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Long- term project debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,228,917</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(39,599</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,189,318</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Grants and other liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,636,060</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">62,982</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,699,042</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Deferred tax liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">186,583</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">8,849</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">195,432</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other Reserves</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">80,968</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,326</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">82,294</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Retained Earnings</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(477,214</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(38,182</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">27,695</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(1,326</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(489,027</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(*) The expected credit losses provision only applies to the contracted concessional assets recorded as financial assets for an amount before provision of $936,004 thousand as of December 31, 2017 (see Note 6).</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 18pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">b)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Standards, interpretations and amendments published by the IASB that will be effective for periods beginning on or after January 1, 2019:</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 9 (Amendments to IFRS 9): Prepayment Features with Negative Compensation. This Standard is applicable for annual periods beginning on or after January 1, 2019 under IFRS-IASB, earlier application is permitted.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 17 ‘Insurance Contracts’. This Standard is applicable for annual periods beginning on or after January 1, 2021 under IFRS-IASB, earlier application is permitted.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IAS 19 (Amendment). Amendments to IAS 19: Plan Amendment, Curtailment or Settlement. This amendment is mandatory for annual periods beginning on or after January 1, 2019 under IFRS-IASB, earlier application is permitted.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRIC 23: Uncertainty over Income Tax Treatments. This Standard is applicable for annual periods beginning on or after January 1, 2019 under IFRS-IASB.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IAS 28 (Amendment). Long-term Interests in Associates and Joint Ventures. This amendment is mandatory for annual periods beginning on or after January 1, 2019 under IFRS-IASB, earlier application is permitted.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 3 (Amendment). Definition of Business. This amendment is mandatory for annual periods beginning on or after January 1, 2020 under IFRS-IASB, earlier application is permitted.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IAS 1 and IAS 8 (Amendment). Definition of Material. This amendment is mandatory for annual periods beginning on or after January 1, 2020 under IFRS-IASB, earlier application is permitted.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Amendments to References to the Conceptual Frameworks in IFRS Standards. This Standard is applicable for annual periods beginning on or after January 1, 2020 under IFRS-IASB.</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company does not anticipate any significant impact on the consolidated financial statements derived from the application of the new standards and amendments that will be effective for annual periods beginning on or after January 1, 2019, although it is currently still in the process of evaluating such application.</font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.2. Principles to include and record companies in the consolidated financial statements</font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Companies included in these consolidated financial statements are accounted for as subsidiaries as long as Atlantica Yield has had control over them and are accounted for as investments under the equity method as long as Atlantica Yield has had significant influence over them, in the periods presented.</font></div><div style="text-align: left;"><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">a)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Controlled entities</font></div></td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Control is achieved when the Company:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Has power over the investee;</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Is exposed, or has rights, to variable returns from its involvement with the investee; and</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Has the ability to use its power to affect its returns.</font></div></td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company reassesses whether or not it controls an investee when facts and circumstances indicate that there are changes to one or more of the three elements of control listed above.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company uses the acquisition method to account for business combinations of companies controlled by a third party. According to this method, identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date. Any contingent consideration is recognized at fair value at the acquisition date and subsequent changes in its fair value are recognized in accordance with IFRS 9 either in profit or loss or as a change to other comprehensive income. Acquisition related costs are expensed as incurred. The Company recognizes any non-controlling interest in the acquiree either at fair value or at the non-controlling interest’s proportionate share of the acquirer’s net assets on an acquisition by acquisition basis.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">All assets and liabilities between entities of the group, equity, income, expenses, and cash flows relating to transactions between entities of the group are eliminated in full.</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">b)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investments accounted for under the equity method</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">An associate is an entity over which the Company has significant influence. Significant influence is the power to participate in the financial and operating policy decisions of the investee but is not control or joint control over those policies.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The results and assets and liabilities of associates are incorporated in these financial statements using the equity method of accounting. Under the equity method, an investment in an associate is initially recognized in the statement of financial position at cost and adjusted thereafter to recognize the Company share of the profit or loss and other comprehensive income of the associate.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Controlled entities and associates included in these financial statements as of December 31, 2018 and 2017 are set out in appendices.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.3. Contracted concessional assets and price purchase agreements</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional assets and price purchase agreements (PPAs) include fixed assets financed through project debt, related to service concession arrangements recorded in accordance with IFRIC 12, except for Palmucho, which is recorded in accordance with IAS 17 and PS10, PS20, Mini-Hydro, Chile TL 3 and Seville PV, which are recorded as tangible assets in accordance with IAS 16. The infrastructures accounted for by the Company as concessions are related to the activities concerning electric transmission lines, solar electricity generation plants, cogeneration plants, wind farms and water plants. The useful life of these assets is approximately the same as the length of the concession arrangement. The infrastructure used in a concession can be classified as an intangible asset or a financial asset, depending on the nature of the payment entitlements established in the agreement.</font></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The application of IFRIC 12 requires extensive judgment in relation with, among other factors, (i) the identification of certain infrastructures and contractual agreements in the scope of IFRIC 12, (ii) the understanding of the nature of the payments in order to determine the classification of the infrastructure as a financial asset or as an intangible asset and (iii) the timing and recognition of the revenue from construction and concessionary activity.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Under the terms of contractual arrangements within the scope of this interpretation, the operator shall recognize and measure revenue in accordance with IFRS 15 for the services it performs. If the operator performs more than one service (i.e. construction or upgrade services and operation services) under a single contract or arrangement, consideration received or receivable shall be allocated by reference to the relative fair values of the services delivered, when the amounts are separately identifiable.</font></div><div style="text-align: left;"><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">a)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Intangible asset</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company recognizes an intangible asset to the extent that it receives a right to charge final customers for the use of the infrastructure. This intangible asset is subject to the provisions of IAS 38 and is amortized linearly, taking into account the estimated period of commercial operation of the infrastructure which coincides with the concession period.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Once the infrastructure is in operation, the treatment of income and expenses is as follows:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Revenues from the updated annual revenue for the contracted concession, as well as operations and maintenance services are recognized in each period according to IFRS 15 “Revenue from contracts with Customers”.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Operating and maintenance costs and general overheads and administrative costs are recorded in accordance with the nature of the cost incurred (amount due) in each period.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Financing costs are expensed as incurred.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">b)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Financial asset</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company recognizes a financial asset when demand risk is assumed by the grantor, to the extent that the concession holder has an unconditional right to receive payments for the asset. This asset is recognized at the fair value of the construction services provided, considering upgrade services in accordance with IFRS 15, if any.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The financial asset is subsequently recorded at amortized cost calculated according to the effective interest method. Revenue from operations and maintenance services is recognized in each period according to IFRS 15 “Revenue from contracts with Customers”. The remuneration of managing and operating the asset resulting from the valuation at amortized cost is also recorded in revenue.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Financing costs are expensed as incurred.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">According to IFRS 9, Atlantica recognises an allowance for expected credit losses (ECLs) for all debt instruments not held at fair value through profit or loss. ECLs are based on the difference between the contractual cash flows due in accordance with the contract and all the cash flows that the Company expects to receive.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">There are two main approaches to applying the ECL model according to IFRS 9: the general approach which involves a three stage approach, and the simplified approach, which can be applied to trade receivables, contract assets and lease receivables. Atlantica has elected to apply the simplified approach. Under this approach, there is no need to monitor for significant increases in credit risk and entities will be required to measure lifetime expected credit losses at each end of reporting period.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The key elements of the ECL calculations are the following:</font></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><br /></font></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 45pt;"><br /></td><td style="width: 13.65pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">the Probability of Default (“PD”) is an estimate of the likelihood of default over a given time horizon. Atlantica calculates PD based on Credit Default Swaps spreads (“CDS”);</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 45pt;"><br /></td><td style="width: 13.65pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">the Exposure at Default (“EAD”) is an estimate of the exposure at a future default date;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 45pt;"><br /></td><td style="width: 13.65pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">the Loss Given Default (“LGD”) is an estimate of the loss arising in the case where a default occurs at a given time. It is based on the difference between the contractual cash flows due and those that the Company would expect to receive. It is expressed as a percentage of the EAD.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">c)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Property, plant and equipment</font></div></td></tr></table><div style="text-align: left;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Property, plant and equipment includes property, plant and equipment of companies or project companies. Property, plant and equipment is measured at historical cost, including all expenses directly attributable to the acquisition, less depreciation and impairment losses, with the exception of land, which is presented net of any impairment losses.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Once the infrastructure is in operation, the treatment of income and expenses is the same as the one described above for intangible asset.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.4. Borrowing costs</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Interest costs incurred in the construction of any qualifying asset are capitalized over the period required to complete and prepare the asset for its intended use. A qualifying asset is an asset that necessarily takes a substantial period of time to get ready for its internal use or sale, which is considered to be more than one year. Remaining borrowing costs are expensed in the period in which they are incurred.</font></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.5 Asset impairment</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Atlantica Yield reviews its contracted concessional assets to identify any indicators of impairment at least annually.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use, defined as the present value of the estimated future cash flows to be generated by the asset. In the event that the asset does not generate cash flows independently of other assets, the Company calculates the recoverable amount of the Cash Generating Unit (‘CGU’) to which the asset belongs.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">When the carrying amount of the CGU to which these assets belong is higher than its recoverable amount, the assets are impaired.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Assumptions used to calculate value in use include a discount rate, growth rate and projections considering real data based in the contracts terms and projected changes in both selling prices and costs. The discount rate is estimated by Management, to reflect both changes in the value of money over time and the risks associated with the specific CGU.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">For contracted concessional assets, with a defined useful life and with a specific financial structure, cash flow projections until the end of the project are considered and no terminal value is assumed.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional assets have a contractual structure that permits the Company to estimate quite accurately the costs of the project (both in the construction and in the operations periods) and revenue during the life of the project.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Projections take into account real data based on the contract terms and fundamental assumptions based on specific reports prepared internally and supported by specialists, assumptions on demand and assumptions on production. Additionally, assumptions on macro-economic conditions are taken into account, such as inflation rates, future interest rates, etc. and sensitivity analyses are performed over all major assumptions which can have a significant impact in the value of the asset.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash flow projections of CGUs are calculated in the functional currency of those CGUs and are discounted using rates that take into consideration the risk corresponding to each specific country and currency.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Taking into account that in most CGUs the specific financial structure is linked to the financial structure of the projects that are part of those CGUs, the discount rate used to calculate the present value of cash-flow projections is based on the weighted average cost of capital (WACC) for the type of asset, adjusted, if necessary, in accordance with the business of the specific activity and with the risk associated with the country where the project is performed.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In any case, sensitivity analyses are performed, especially in relation with the discount rate used and fair value changes in the main business variables, in order to ensure that possible changes in the estimates of these items do not impact the possible recovery of recognized assets.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Accordingly, the following table provides a summary of the discount rates used (WACC) and growth rates to calculate the recoverable amount for CGUs with the operating segment to which it pertains:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 70%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 46%; padding-bottom: 2px; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Operating segment</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Discount rate</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Growth rate</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 46%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">EMEA</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">4% - 6</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">%</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">0</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">%</font></div></td></tr><tr><td valign="bottom" style="width: 46%; vertical-align: top; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">North America</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5% - 6</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">%</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">0</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">%</font></div></td></tr><tr><td valign="bottom" style="width: 46%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">South America</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5% - 7</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">%</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">0</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">%</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In the event that the recoverable amount of an asset is lower than its carrying amount, an impairment charge for the difference would be recorded in the income statement under the item “Depreciation, amortization and impairment charges”.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Pursuant to IAS 36, an impairment loss is recognized if the carrying amount of these assets exceeds the present value of future cash flows discounted at the initial effective interest rate.</font></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.6 Loans and accounts receivable</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Loans and accounts receivable are non-derivative financial assets with fixed or determinable payments, not listed on an active market.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In accordance with IFRIC 12, certain assets under concessions qualify as financial assets and are recorded as is described in Note 2.3.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Pursuant to IAS 36, an impairment loss is recognized if the carrying amount of these assets exceeds the present value of future cash flows discounted at the initial effective interest rate.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Loans and accounts receivable are initially recognized at fair value plus transaction costs and are subsequently measured at amortized cost in accordance with the effective interest rate method. Interest calculated using the effective interest rate method is recognized under other financial income within financial income.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.7. Derivative financial instruments and hedging activities</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Derivatives are recorded at fair value. The Company applies hedge accounting to all hedging derivatives that qualify to be accounted for as hedges under IFRS-IASB.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">When hedge accounting is applied, hedging strategy and risk management objectives are documented at inception, as well as the relationship between hedging instruments and hedged items. Effectiveness of the hedging relationship needs to be assessed on an ongoing basis. Effectiveness tests are performed prospectively at inception and at each reporting date, following the dollar offset method.</font></div><div style="text-align: left;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Atlantica Yield applies cash flow hedging. Under this method, the effective portion of changes in fair value of derivatives designated as cash flow hedges are recorded temporarily in equity and are subsequently reclassified from equity to profit or loss in the same period or periods during which the hedged item affects profit or loss. Any ineffective portion of the hedged transaction is recorded in the consolidated income statement as it occurs.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">When interest rate options are designated as hedging instruments, the intrinsic value and time value of the financial hedge instrument are separated. Changes in intrinsic and time value which are highly effective are recorded in equity and subsequently reclassified from equity to profit or loss in the same period or periods during which the hedged item affects profit or loss. Any ineffectiveness is recorded as financial income or expense as it occurs.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">When the hedging instrument matures or is sold, or when it no longer meets the requirements to apply hedge accounting, accumulated gains and losses recorded in equity remain as such until the forecast transaction is ultimately recognized in the income statement. However, if it becomes unlikely that the forecast transaction will actually take place, the accumulated gains and losses in equity are recognized immediately in the income statement.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.8. Fair value estimates</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Financial instruments measured at fair value are presented in accordance with the following level classification based on the nature of the inputs used for the calculation of fair value:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Level 1: Inputs are quoted prices in active markets for identical assets or liabilities.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Level 2: Fair value is measured based on inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices).</font></div></td></tr></table><div style="text-align: justify;"><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Level 3: Fair value is measured based on unobservable inputs for the asset or liability.</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In the event that prices cannot be observed, the management shall make its best estimate of the price that the market would otherwise establish based on proprietary internal models which, in the majority of cases, use data based on observable market parameters as significant inputs (Level 2) but occasionally use market data that is not observed as significant inputs (Level 3). Different techniques can be used to make this estimate, including extrapolation of observable market data. The best indication of the initial fair value of a financial instrument is the price of the transaction, except when the value of the instrument can be obtained from other transactions carried out in the market with the same or similar instruments, or valued using a valuation technique in which the variables used only include observable market data, mainly interest rates. Differences between the transaction price and the fair value based on valuation techniques that use data that is not observed in the market, are not initially recognized in the income statement.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Atlantica Yield derivatives correspond primarily to the interest rate swaps designated as cash flow hedges, which are classified as Level 2.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><u>Description of the valuation method</u></font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Interest rate swap valuations are made by valuing the swap part of the contract and valuing the credit risk. The methodology used by the market and applied by Atlantica Yield to value interest rate swaps is to discount the expected future cash flows according to the parameters of the contract. Variable interest rates, which are needed to estimate future cash flows, are calculated using the curve for the corresponding currency and extracting the implicit rates for each of the reference dates in the contract. These estimated flows are discounted with the swap zero curve for the reference period of the contract.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The effect of the credit risk on the valuation of the interest rate swaps depends on the future settlement. If the settlement is favorable for the Company, the counterparty credit spread will be incorporated to quantify the probability of default at maturity. If the expected settlement is negative for the Company, its own credit risk will be applied to the final settlement.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Classic models for valuing interest rate swaps use deterministic valuation of the future of variable rates, based on future outlooks. When quantifying credit risk, this model is limited by considering only the risk for the current paying party, ignoring the fact that the derivative could change sign at maturity. A payer and receiver swaption model is proposed for these cases. This enables the associated risk in each swap position to be reflected. Thus, the model shows each agent’s exposure, on each payment date, as the value of entering into the ‘tail’ of the swap, i.e. the live part of the swap.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><u>Variables (Inputs)</u></font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Interest rate derivative valuation models use the corresponding interest rate curves for the relevant currency and underlying reference in order to estimate the future cash flows and to discount them. Market prices for deposits, futures contracts and interest rate swaps are used to construct these curves. Interest rate options (caps and floors) also use the volatility of the reference interest rate curve.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">To estimate the credit risk of the counterparty, the credit default swap (CDS) spreads curve is obtained in the market for important individual issuers. For less liquid issuers, the spreads curve is estimated using comparable CDSs or based on the country curve. To estimate proprietary credit risk, prices of debt issues in the market and CDSs for the sector and geographic location are used.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The fair value of the financial instruments that results from the aforementioned internal models takes into account, among other factors, the terms and conditions of the contracts and observable market data, such as interest rates, credit risk and volatility. The valuation models do not include significant levels of subjectivity, since these methodologies can be adjusted and calibrated, as appropriate, using the internal calculation of fair value and subsequently compared to the corresponding actively traded price. However, valuation adjustments may be necessary when the listed market prices are not available for comparison purposes.</font></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.9. Clients and other receivables</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Clients and other receivables are amounts due from customers for sales in the normal course of business. They are recognized initially at fair value and subsequently measured at amortized cost using the effective interest rate method, less allowance for doubtful accounts. Trade receivables due in less than one year are carried at their face value at both initial recognition and subsequent measurement, provided that the effect of not discounting flows is not significant.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">An allowance for doubtful accounts is recorded when there is objective evidence that the Company will not be able to recover all amounts due as per the original terms of the receivables.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.10. Cash and cash equivalents</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash and cash equivalents include cash in hand, cash in bank and other highly-liquid current investments with an original maturity of three months or less which are held for the purpose of meeting short-term cash commitments.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.11. Grants</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Grants are recognized at fair value when it is considered that there is a reasonable assurance that the grant will be received and that the necessary qualifying conditions, as agreed with the entity assigning the grant, will be adequately complied with.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Grants are recorded as liabilities in the consolidated statement of financial position and are recognized in “Other operating income” in the consolidated income statement based on the period necessary to match them with the costs they intend to compensate.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In addition, as described in Note 2.12 below, grants correspond also to loans with interest rates below market rates, for the initial difference between the fair value of the loan and the proceeds received.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.12. Loans and borrowings</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Loans and borrowings are initially recognized at fair value, net of transaction costs incurred. Borrowings are subsequently measured at amortized cost and any difference between the proceeds initially received (net of transaction costs incurred in obtaining such proceeds) and the repayment value is recognized in the consolidated income statement over the duration of the borrowing using the effective interest rate method.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Loans with interest rates below market rates are initially recognized at fair value in liabilities and the difference between proceeds received from the loan and its fair value is initially recorded within “Grants and Other liabilities” in the consolidated statement of financial position, and subsequently recorded in “Other operating income” in the consolidated income statement when the costs financed with the loan are expensed.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.13. Bonds and notes</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company initially recognizes ordinary notes at fair value, net of issuance costs incurred. Subsequently, notes are measured at amortized cost until settlement upon maturity. Any other difference between the proceeds obtained (net of transaction costs) and the redemption value is recognized in the consolidated income statement over the term of the debt using the effective interest rate method.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.14. Income taxes</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Current income tax expense is calculated on the basis of the tax laws in force as of the date of the consolidated statement of financial position in the countries in which the subsidiaries and associates operate and generate taxable income.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Deferred income tax is calculated in accordance with the liability method, based upon the temporary differences arising between the carrying amount of assets and liabilities and their tax base. Deferred income tax is determined using tax rates and regulations which are expected to apply at the time when the deferred tax is realized.</font></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Deferred tax assets are recognized only when it is probable that sufficient future taxable profit will be available to use deferred tax assets.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.15. Trade payables and other liabilities</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Trade payables are obligations arising from purchases of goods and services in the ordinary course of business and are recognized initially at fair value and are subsequently measured at their amortized cost using the effective interest method. Other liabilities are obligations not arising in the normal course of business and which are not treated as financing transactions. Advances received from customers are recognized as “Trade payables and other current liabilities”.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.16. Foreign currency transactions</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The consolidated financial statements are presented in U.S. dollars, which is Atlantica Yield functional and reporting currency. Financial statements of each subsidiary within the Company are measured in the currency of the principal economic environment in which the subsidiary operates, which is the subsidiary’s functional currency.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Transactions denominated in a currency different from the subsidiary’s functional currency are translated into the subsidiary’s functional currency applying the exchange rates in force at the time of the transactions. Foreign currency gains and losses that result from the settlement of these transactions and the translation of monetary assets and liabilities denominated in foreign currency at the year-end rates are recognized in the consolidated income statement, unless they are deferred in equity, as occurs with cash flow hedges and net investment in foreign operations hedges.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Assets and liabilities of subsidiaries with a functional currency different from the Company’s reporting currency are translated to U.S. dollars at the exchange rate in force at the closing date of the financial statements. Income and expenses are translated into U.S. dollars using the average annual exchange rate, which does not differ significantly from using the exchange rates of the dates of each transaction. The difference between equity translated at the historical exchange rate and the net financial position that results from translating the assets and liabilities at the closing rate is recorded in equity under the heading “Accumulated currency translation differences”.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Results of companies carried under the equity method are translated at the average annual exchange rate.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.17. Equity</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company has recyclable balances in its equity, corresponding mainly to hedge reserves and translation differences arising from currency conversion in the preparation of these consolidated financial statements. These balances have been presented separately in Equity.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Non-controlling interest represents interest from other partners in entities included in these consolidated financial statements which are not fully owned by Atlantica Yield as of the dates presented.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Parent company reserves together with the Share capital represent the Parent’s net investment in the entities included in these consolidated financial statements.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.18. Provisions and contingencies</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Provisions are recognized when:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">there is a present obligation, either legal or constructive, as a result of past events;</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">it is more likely than not that there will be a future outflow of resources to settle the obligation; and</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">the amount has been reliably estimated.</font></div></td></tr></table><div style="text-align: left;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Provisions are initially measured at the present value of the expected outflows required to settle the obligation and subsequently valued at amortized cost following the effective interest method. The balance of Provisions disclosed in the Notes reflects management’s best estimate of the potential exposure as of the date of preparation of the consolidated financial statements.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contingent liabilities are possible obligations, existing obligations with low probability of a future outflow of economic resources and existing obligations where the future outflow cannot be reliably estimated. Contingences are not recognized in the consolidated statements of financial position unless they have been acquired in a business combination.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Some companies included in the group have dismantling provisions, which are intended to cover future expenditures related to the dismantlement of the plants and it will be likely to be settled with an outflow of resources in the long term (over 5 years).</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Such provisions are accrued when the obligation for dismantling, removing and restoring the site on which the plant is located, is incurred, which is usually during the construction period. The provision is measured in accordance with IAS 37, “Provisions, Contingent Liabilities and Contingent Assets” and is recorded as a liability under the heading “Grants and other liabilities” of the Financial Statements, and as part of the cost of the plant under the heading “Contracted concessional assets.”</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.19. Use of estimates</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Some of the accounting policies applied require the application of significant judgment by management to select the appropriate assumptions to determine these estimates. These assumptions and estimates are based on the historical experience, advice from experienced consultants, forecasts and other circumstances and expectations as of the close of the financial period. The assessment is considered in relation to the global economic situation of the industries and regions where the Company operates, taking into account future development of the businesses of the Company. By their nature, these judgments are subject to an inherent degree of uncertainty; therefore, actual results could materially differ from the estimates and assumptions used. In such cases, the carrying values of assets and liabilities are adjusted.</font></div><div style="text-align: left;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The most critical accounting policies, which reflect significant management estimates and judgment to determine amounts in these consolidated financial statements, are as follows:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional agreements and PPAs.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Impairment of intangible assets and property, plant and equipment.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Assessment of control.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Derivative financial instruments and fair value estimates.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Income taxes and recoverable amount of deferred tax assets.</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">As of the date of preparation of these consolidated financial statements, no relevant changes in the estimates made are anticipated and, therefore, no significant changes in the value of the assets and liabilities recognized at December 31, 2018, are expected.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Although these estimates and assumptions are being made using all available facts and circumstances, it is possible that future events may require management to amend such estimates and assumptions in future periods. Changes in accounting estimates are recognized prospectively, in accordance with IAS 8, in the consolidated income statement of the year in which the change occurs.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">As of December 31, 2018, and 2017, the analysis of deferred tax assets and deferred tax liabilities is as follows:</font></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><table align="center" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 80%;"><tr><td valign="bottom" style="vertical-align: bottom; width: 56%; padding-bottom: 2px;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Deferred tax assets</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 56%; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Concept</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Net tax credits for operating losses carryforwards</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">55,835</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">71,219</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Temporary differences derivatives financial instruments</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">79,865</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">93,719</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; padding-bottom: 2px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other temporary differences</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">366</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">198</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; padding-bottom: 4px; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total deferred tax assets</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">136,066</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">165,136</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td></tr></table><div>Deferred tax liabilities reversals are also considered in these projections, as well as any limitation established by tax regulations in force in each tax jurisdiction.</div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 56%;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Deferred tax liabilities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 56%; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Concept</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Temporary differences tax/book amortization</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">126,792</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">113,432</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other temporary differences tax/book value of contracted concessional assets</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">73,793</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">66,247</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 56%; padding-bottom: 2px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other temporary differences</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">10,415</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">6,904</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; padding-bottom: 4px; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total deferred tax liabilities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">211,000</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">186,583</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Trade payable and other current liabilities as of December 31, 2018 and 2017 are as follows:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 56%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 56%; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Item</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Trade accounts payables</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">109,430</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">107,662</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Down payments from clients</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">6,289</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">6,466</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">-Liberty (see Note 16)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">37,119</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; padding-bottom: 2px; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other accounts payable</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">39,195</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">41,016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; padding-bottom: 4px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">192,033</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">155,144</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Note 11.- Clients and other receivable</font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Clients and other receivable as of December 31, 2018 and 2017, consist of the following:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Trade receivables</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">163,856</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">186,728</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Tax receivables</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">54,959</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">39,607</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Prepayments</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,521</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">6,375</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other accounts receivable</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">12,059</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,739</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">236,395</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">244,449</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">As of December 31, 2018, and 2017, the fair value of clients and other accounts receivable does not differ significantly from its carrying value.</font></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><br /></font></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Trade receivables in foreign currency as of December 31, 2018 and 2017, are as follows:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">91,303</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">109,165</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Rand</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">25,193</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">23,792</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9,884</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">7,363</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">126,380</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">140,320</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following table shows the maturity of Trade receivables as of December 31, 2018 and 2017:</font></div><div style="text-align: left;"><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: left;"></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: left;"></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Up to 3 months</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">163,856</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">186,728</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">163,856</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">186,728</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The transactions carried out by entities included in these consolidated financial statements with related parties not included in the consolidation perimeter of Atlantica Yield, primarily with Abengoa and with subsidiaries of Abengoa, during the twelve-month periods for the years ended December 31, 2018, 2017 and 2016 have been as follows:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 44%; text-indent: -9pt; padding-bottom: 2px; margin-left: 9pt; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">For the twelve-month period ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 44%; text-indent: -9pt; padding-bottom: 2px; margin-left: 9pt; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 44%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Services rendered</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,495</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,220</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 44%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Services received</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(101,582</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(114,416</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(115,779</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 44%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Financial income</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,721</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">74</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">60</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 44%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -9pt; margin-left: 9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Financial expenses</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(398</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(1,154</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(2,460</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The amount of assets and liabilities integrated at the effective acquisition date for the aggregated change in scope is shown in the following table:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 78%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Asset Acquisition</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">for the year ended December 31, 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Concessional assets (Note 6)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">155,909</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investments carried under the equity method (Note 7)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Current assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,646</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Project debt long term (Note 15)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(79,016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Deferred tax liabilities (Note 18)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(590</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Project debt short term (Note 15)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(2,346</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other current and non-current liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(3,000</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Asset acquisition - purchase price</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(76,604</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td rowspan="1" valign="bottom" style="width: 78%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Net result of the asset acquisition</font></div></td><td colspan="1" rowspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" rowspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" rowspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">-</font></div></td><td colspan="1" nowrap="nowrap" rowspan="1" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table></div>
42500000
92814000
0
8952000
0
0
0
0
109801000
0
54350000
143110000
105228000
0
0
0
9821000
133289000
0
105228000
0
133289000
45398000
0
45398000
4573000
0.32
0.31
0.36
0.34
35509000
99483000
143034000
26585000
133289000
94845000
0.37
4463000
2454000
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Basic earnings per share for the year 2018 has been calculated by dividing the profit/(loss) attributable to equity holders of the company by the number of shares outstanding. Diluted earnings per share equals basic earnings per share for the period presented.</font></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><table cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Item</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Profit/(loss) from continuing operations attributable to Atlantica Yield Plc.</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">41,596</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(111,804</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(4,855</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Profit/(loss) from discontinuing operations attributable to Atlantica Yield Plc.</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Average number of ordinary shares outstanding (thousands) - basic and diluted</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">100,217</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">100,217</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">100,217</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Earnings per share from continuing operations (US dollar per share) - basic and diluted</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">0.42</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(1.12</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(0.05</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Earnings per share from discontinuing operations (US dollar per share) - basic and diluted</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Earnings per share from profit/ (loss) for the period (US dollar per share) - basic and diluted</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">0.42</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(1.12</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(0.05</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td></tr></table></div>
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<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.1 Basis of preparation</font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">These consolidated financial statements are presented in accordance with the International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”).</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The consolidated financial statements are presented in U.S. dollars, which is the Company’s functional and presentation currency. Amounts included in these consolidated financial statements are all expressed in thousands of U.S. dollars, unless otherwise indicated.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Application of new accounting standards</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">a)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Standards, interpretations and amendments effective from January 1, 2018 under IFRS-IASB, applied by the Company in the preparation of these consolidated financial statements:</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 9 ‘Financial Instruments’</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 15 ‘Revenues from contracts with Customers’</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 15 (Clarifications) ‘Revenues from contracts with Customers’</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 16 ‘Leases’. This Standard is applicable for annual periods beginning on or after January 1, 2019 under IFRS-IASB, earlier application is permitted, but conditioned to the application of IFRS 15.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 2 (Amendment) ‘Classification and Measurement of Share-based Payment Transactions’.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 4 (Amendment). Applying IFRS 9 ‘Financial Instruments’ with IFRS 4 ‘Insurance Contracts’.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Annual Improvements to IFRSs 2015-2017 cycles.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRIC 22 Foreign Currency Transactions and Advance Consideration.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IAS 40 (Amendment). Transfers of Investment Property.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IAS 28 (Amendment). Long-term Interests in Associates and Joint Ventures.</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The applications of these amendments have not had any material impact on these consolidated financial statements.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In relation to IFRS 15, IFRS 9 and IFRS 16, the Company performed the following analysis:</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><u>IFRS 15 ‘Revenues from contracts with Customers’</u></font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In May 2014, the IASB (International Accounting Standards Board) published IFRS 15 “Recognition of Revenue from Contracts with Customers”. This Standard brings together all the applicable requirements and replaces the current standards for recognizing revenue: IAS 11 Construction Contracts, IAS 18 Revenue, IFRIC 13 Customer Loyalty Program, IFRIC 15 Agreements for the Construction of Real Estate, IFRIC 18 Transfers of Assets from Customers and SIC-31 Revenue—Barter Transactions Involving Advertising Services.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The new requirements may lead to changes in the current revenue profile, since the Standard’s main principle is that the Company must recognize its revenue in accordance with the transfer of goods or services to the customers in an amount which reflects the consideration that the Company expects to receive in exchange for these goods or services. The model laid out by the Standard is structured in five steps:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Step 1: Identifying the contract with the customer.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Step 2: Identifying the performance obligations.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Step 3: Determining the transaction price.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Step 4: Assigning the transaction price in the performance obligations identified in the contract.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Step 5: Recognition of revenue when (or as) the Company performs the performance obligations.</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional assets and price purchase agreements (PPAs) include fixed assets financed through project debt, related to service concession arrangements recorded in accordance with International Financial Reporting Interpretations Committee 12 (“IFRIC 12”), except for Palmucho, which is recorded in accordance with IAS 17 and PS10, PS20, Seville PV, Mini-hydro and Chile TL3, which are recorded as tangible assets in accordance with IAS 16. The infrastructures accounted for by the Company as concessions are related to the activities concerning electric transmission lines, solar electricity generation plants, efficient natural gas plants, wind farms and water plants.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Currently, assets recorded in accordance with IFRIC 12 are classified as intangible assets or as financial assets, depending on the nature of the payment entitlements established in the contracts.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">According to IFRS 15, the Company should assess the goods and services promised in the contracts with the customers and shall identify as a performance obligation each promise to transfer to the customer a good or service (or a bundle of goods or services).</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In the case of contracts related to financial assets, the Company has identified two performance obligations (construction and operation of the asset). The contracts state that each service (construction and operation) has its own transaction price. For this reason, both performance obligations are separately identifiable in the context of the contract. The Company must allocate the total consideration to be received by the contract to each performance obligation. As mentioned above, the different services performed have been identified as two different performance obligations (construction and operation). Each performance obligation has its own transaction price stated in the contract. Such transaction prices are agreed in the contract by the parties in an orderly transaction, with no interrelation between both transaction prices and therefore correspond to the fair value of the goods and services provided in each case. As a result, for IFRS 15 purposes, the total transaction price will be allocated to each performance obligation in accordance with the two transaction prices stated within the contract, as they represent the respective fair values of the identified performance obligations.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">For the assets classified as intangible assets, the Company has identified the same performance obligations, (construction and operation), but in this case the consideration received by the Company for the construction services is a license. The grantor makes a non-cash payment for the construction services by giving the operator an intangible asset. When allocating fair value for IFRS 15 purposes, the Company will recognize as revenue for the first performance obligation the fair value of the construction services, and the amount corresponding to the sales of energy as the fair value of second performance obligation (operation).</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Additionally, in both cases, the services are satisfied over time. All the concessional assets of the Company are in operation and the Company satisfies the performance obligations and recognizes revenue over time. The same conclusion applies to concessional assets that are classified as tangible assets or leases.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 15 also incorporates specific criteria to determine which costs relating to a contract should be capitalized by distinguishing between incremental costs of obtaining a contract and costs associated with fulfilling a contract. No significant costs of obtaining a contract or compliance (other than those that are already capitalized) have been identified.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">As the practice for revenue recognition applied until December 31, 2017, is consistent with the analysis above under IFRS 15, the Company considers that the adoption of this standard has no impact in the consolidated financial statements of the Company.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Also, the Company adopted IFRS 15 applying the full retrospective method to each prior reporting period presented, but without changes in the comparative reporting periods as the adoption of the standard has no effect in the consolidated financial statements.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><u>IFRS 9 ‘Financial Instruments’</u></font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 9 Financial Instruments issued on 24 July 2014 is the IASB’s replacement of IAS 39 Financial Instruments: Recognition and Measurement. The standard addresses the classification, measurement and derecognition of financial assets and financial liabilities, introduces new rules for hedge accounting and a new impairment model for financial assets. The Company adopted the standard as of January 1, 2018, including the new requirements for hedge accounting. The Company adopted retrospectively without re-expressing comparative periods. The analysis performed by the Company is as follows:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 18pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Classification and measurement of financial instruments:</font></div></td></tr></table><div><br /></div><div style="text-align: left; margin-left: 18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">a)         Financial assets: IFRS 9 classifies all financial assets that are currently in the scope of IAS 39 into two categories:  amortized cost and fair value. Where assets are measured at fair value, gains and losses are either recognized entirely in profit or loss (fair value through profit or loss, “FVTPL”), or recognized in other comprehensive income (fair value through other comprehensive income, “FVTOCI”). The new guidance has no significant impact on the classification and measurement of the financial assets of the Company as the vast majority of financial assets (except for derivatives) are currently measured at amortized cost, and meet the conditions for classification at amortized cost under IFRS 9. As a result, the Company maintained this classification.</font></div><div><br /></div><div style="text-align: left; margin-left: 18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">b)         Financial liabilities: IFRS 9 does not change the basic accounting model for financial liabilities under IAS 39. Two measurement categories continue to exist: FVTPL and amortized cost. Financial liabilities held for trading are measured at FVTPL, and all other financial liabilities are measured at amortized cost unless the fair value option is applied. As a result, the Company concluded that there is no significant impact on the consolidated financial statements.</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 18pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">The new impairment model requires the recognition of impairment provisions based on expected credit losses (“ECL”) rather than only incurred credit losses as is the case under IAS 39. The Company reviewed its portfolio of financial assets subject to the new model of impairment under the new methodology (using credit default swaps, rating from credit agencies and other external inputs in order to estimate the probability of default), and recorded an adjustment to the opening balance sheet of these consolidated financial statements as detailed below in the table showing the adjustments arising from the application of IFRS 9.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 18pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">The accounting for certain modifications and exchanges of financial liabilities measured at amortized cost (e.g. bank loans and issued bonds) changes on the transition from IAS 39 to IFRS 9. This change arises from a clarification by the IASB in the Basis for Conclusions of IFRS 9. Under IFRS 9 it is now clear that there can be an effect in the income statement for modification and exchanges of financial liabilities that are considered “non-substantial” (when the net present value of the cash flows, including any fees paid net of any fees received, is lower than 10% different from the net present value of the remaining cash flows of the liability prior to the modification, both discounted at the original effective interest rate). The Company reviewed retrospectively these transactions and recorded an adjustment to the opening balance sheet of these consolidated financial statements as detailed below in the table showing the adjustments arising from the application of IFRS 9.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 18pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 9 also introduces changes in hedge accounting. The hedge accounting requirements in IFRS 9 are optional and tend to facilitate the use of hedge accounting by preparers of financial statements. As a result, the Company reviewed its portfolio of derivatives and recorded an adjustment to the opening balance sheet of these consolidated financial statements as detailed below in the table showing the adjustments arising from the application of IFRS 9.</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The impact of applying IFRS 9 to the consolidated financial statements for the year ended December 31, 2018 is not significant.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><u>IFRS 16 ‘Leases’</u></font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The IASB issued a new lease accounting standard, IFRS 16, in January 2016, which requires the recognition of lease contracts on the consolidated statement of financial position.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 16 eliminates the classification of leases as either operating leases or finance leases for a lessee. Instead all leases are treated in a similar way to finance leases applying IAS 17. Leases are ‘capitalized’ by recognizing the present value of the lease payments and showing them either as lease assets (right-of-use of assets) or together with contracted concessional assets. If lease payments are made over time, a company also recognizes a financial liability representing its obligation to make future lease payments.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In the income statement, IFRS 16 replaces the straight-line operating lease expense for those leases applying IAS 17, with a depreciation charge for the lease asset (included within operating expenses) and an interest expense on the lease liability (included within finance expenses). IFRS 16 also impacts the presentation of cash flows related to former off-balance sheet leases.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company performed its assessment of the impact on its consolidated financial statements. The most significant impact identified is that the Company recognizes new assets and liabilities for its existing operating leases of land rights, buildings, offices and equipment.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The standard is effective for annual periods beginning on or after January 1, 2019, with earlier application permitted for entities that apply IFRS 15 at or before the date of initial application of IFRS 16. The Company decided to early adopt the standard as of January 1, 2018.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">An entity shall apply this standard using one of the following two methods: full retrospectively approach or a modified retrospective approach. The Company has chosen the latter and accounted for assets as an amount equal to liability at the date of initial application. The impact on the opening balance sheet of these consolidated financial statements is shown in the table below.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The impact of applying IFRS 16 to the consolidated financial statements for the year ended December 31, 2018 is not significant.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><u>Summary of adjustments arising from application of IFRS 9 and IFRS 16 as of December 31, 2017</u></font></div><div><br /></div><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">IFRS 9 Adjustments</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: top;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">($ in thousands)</font></div></td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">As</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">reported</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Expected</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> credit</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> losses (*)</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Modification</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> of financial</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> liabilities</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Hedge</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> accounting</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">IFRS 16</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Adjustments</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Restated at</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> January</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 1, 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9,084,270</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(53,048</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">62,982</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9,094,204</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Deferred tax assets</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">165,136</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">14,866</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(3,055</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">176,947</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Long- term project debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,228,917</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(39,599</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,189,318</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Grants and other liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,636,060</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">62,982</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,699,042</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Deferred tax liabilities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">186,583</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">8,849</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">195,432</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other Reserves</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">80,968</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,326</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">82,294</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Retained Earnings</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(477,214</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(38,182</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">27,695</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(1,326</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);">-<br /></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(489,027</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(*) The expected credit losses provision only applies to the contracted concessional assets recorded as financial assets for an amount before provision of $936,004 thousand as of December 31, 2017 (see Note 6).</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 18pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">b)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Standards, interpretations and amendments published by the IASB that will be effective for periods beginning on or after January 1, 2019:</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 9 (Amendments to IFRS 9): Prepayment Features with Negative Compensation. This Standard is applicable for annual periods beginning on or after January 1, 2019 under IFRS-IASB, earlier application is permitted.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 17 ‘Insurance Contracts’. This Standard is applicable for annual periods beginning on or after January 1, 2021 under IFRS-IASB, earlier application is permitted.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IAS 19 (Amendment). Amendments to IAS 19: Plan Amendment, Curtailment or Settlement. This amendment is mandatory for annual periods beginning on or after January 1, 2019 under IFRS-IASB, earlier application is permitted.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRIC 23: Uncertainty over Income Tax Treatments. This Standard is applicable for annual periods beginning on or after January 1, 2019 under IFRS-IASB.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IAS 28 (Amendment). Long-term Interests in Associates and Joint Ventures. This amendment is mandatory for annual periods beginning on or after January 1, 2019 under IFRS-IASB, earlier application is permitted.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IFRS 3 (Amendment). Definition of Business. This amendment is mandatory for annual periods beginning on or after January 1, 2020 under IFRS-IASB, earlier application is permitted.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">IAS 1 and IAS 8 (Amendment). Definition of Material. This amendment is mandatory for annual periods beginning on or after January 1, 2020 under IFRS-IASB, earlier application is permitted.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Amendments to References to the Conceptual Frameworks in IFRS Standards. This Standard is applicable for annual periods beginning on or after January 1, 2020 under IFRS-IASB.</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company does not anticipate any significant impact on the consolidated financial statements derived from the application of the new standards and amendments that will be effective for annual periods beginning on or after January 1, 2019, although it is currently still in the process of evaluating such application.</font></div></div>
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false
--12-31
2018-12-31
Yes
Yes
Large Accelerated Filer
Atlantica Yield plc
0001601072
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<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Note 1.- Nature of the business</font></div><div><br /></div><div style="text-align: justify; margin-right: 0.1pt; margin-left: 0.1pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Atlantica Yield plc (“Atlantica” or the “Company”) was incorporated in England and Wales as a private limited company on December 17, 2013 under the name Abengoa Yield Limited. On March 19, 2014, the Company was re-registered as a public limited company, under the name Abengoa Yield plc. On May 13, 2016, the change of the Company´s registered name to Atlantica Yield plc was filed with the Registrar of Companies in the United Kingdom.</font></div><div><br /></div><div style="text-align: justify; margin-right: 0.1pt; margin-left: 0.1pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Atlantica is a total return company that owns, manages and acquires renewable energy, efficient natural gas, electric transmission lines and water assets focused on North America (the United States and Mexico), South America (Peru, Chile and Uruguay) and EMEA (Spain, Algeria and South Africa).</font></div><div><br /></div><div style="text-align: justify; margin-right: 0.1pt; margin-left: 0.1pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Atlantica’s shares began trading on the NASDAQ Global Select Market under the symbol “ABY” on June 13, 2014. The symbol changed to “AY” on November 11, 2017.</font></div><div><br /></div><div style="text-align: justify; margin-right: 0.1pt; margin-left: 0.1pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On March 9, 2018 and on November 27, 2018, Algonquin Power <font style="font-size: 10pt;">& Utilities (“Algonquin”) announced that it completed the acquisition from Abengoa S.A, (“Abengoa”) of a 25% and 16.47% equity interest in Atlantica, respectively. Algonquin is the largest shareholder of the Company which currently owns a 41.47% stake in Atlantica Yield. Algonquin does not consolidate the Company in its consolidated financial statements.</font></font></div><div><br /></div><div style="text-align: justify; margin-right: 0.2pt; margin-left: 0.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">During 2016, the Company closed the acquisition of a 13% stake in Solacor 1/2 from the JGC Corporation (“JGC”), which reduced the JGC´s ownership in Solacor 1/2 to 13%, and of an 80% stake in Fotovoltaica Solar Sevilla, S.A. (“Seville PV”) from Abengoa, a 1 MW solar photovoltaic plant in Spain.</font></div><div><br /></div><div style="text-align: justify; margin-right: 0.2pt; margin-left: 0.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On February 28, 2017, the Company closed the acquisition of a 12.5% interest in a 114-mile transmission line in the U.S. from Abengoa. The asset will receive a Federal Energy Regulatory Commission (“FERC”) regulated rate of return, and is currently under development, with Commercial Operation Date (“COD”) expected in 2020.</font></div><div><br /></div><div style="text-align: justify; margin-right: 0.1pt; margin-left: 0.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">During the year 2018, the Company completed the following acquisitions:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 18.4pt;"><br /></td><td style="width: 27pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">On February 28, 2018, the Company closed the acquisition of a 100% stake in a 4 MW hydroelectric power plant in Perú (“Mini-Hydro”) for approximately $9 million;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 18.5pt;"><br /></td><td style="width: 27pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">On December 11, 2018, the Company closed the acquisition of a 66kV transmission line in operation in Chile (“Chile TL3”) for approximately $6 million;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 18.5pt;"><br /></td><td style="width: 27pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">On October 10, 2018, the Company completed the acquisition of a 5% stake in a natural gas transportation in Mexico (Pemex Transportation System or “PTS”). Consideration for this 5% stake, which amounts to approximately $7 million, will be disbursed progressively as construction progresses;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 18.6pt;"><br /></td><td style="width: 27pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">On December 14, 2018, the Company closed the acquisition of a 100% stake in a 50 MW on-shore wind plant in Uruguay (“Melowind”) for approximately $45 million;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 18.3pt;"><br /></td><td style="width: 27pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">On December 28, 2018, the Company completed the acquisition of a transmission line, which is an extension of ATN (“ATN expansion 1”) for approximately $16 million.</font></div></td></tr></table><div><br /></div><div style="text-align: justify; margin-right: 0.1pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following table provides an overview of the concessional assets the Company owned as of December 31, 2018:</font></div><div style="text-align: justify; margin-right: 0.1pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><br /></font></div><table border="0" cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt; border-collapse: collapse;"><tr><td style="width: 16.51%; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Assets</font></div></td><td style="width: 13.04%; vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Type</font></div></td><td style="width: 10%; vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Ownership</font></div></td><td style="width: 9.28%; vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Location</font></div></td><td style="width: 10.3%; vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Currency<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(8)</sup></font></div></td><td style="width: 8.12%; vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Capacity</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> (Gross)</font></div></td><td style="width: 16.38%; vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Counterparty</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Credit Ratings<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(9)</sup></font></div></td><td style="width: 6.76%; vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">COD</font></div></td><td style="width: 9.62%; vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Contract</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Years Left </font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(13)</sup></font></div></td></tr><tr><td style="width: 16.51%; vertical-align: top;"> </td><td style="width: 13.04%; vertical-align: middle;"> </td><td style="width: 10%; vertical-align: middle;"> </td><td style="width: 9.28%; vertical-align: middle;"> </td><td style="width: 10.3%; vertical-align: middle;"> </td><td style="width: 8.12%; vertical-align: middle;"> </td><td style="width: 16.38%; vertical-align: middle;"> </td><td style="width: 6.76%; vertical-align: middle;"> </td><td style="width: 9.62%; vertical-align: middle;"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Solana</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Class B<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Arizona (USA)</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">280 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A-/A2/A-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2013</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">25</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Mojave</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">California</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(USA)</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">280 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">D/WR/D</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2014</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">21</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Solaben 2 & 3</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">70%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Spain</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2x50 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A-/Baa1/A-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2012</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">19/18</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Solacor 1 & 2</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">87%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup></font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Spain</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2x50 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A-/Baa1/A-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2012</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">18/18</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">PS10/PS20</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Spain</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">31 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A-/Baa1/A-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2007&</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2009</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">13/15</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Helioenergy 1 & 2</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Spain</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2x50 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A-/Baa1/A-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2011</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">18/18</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Helios 1 & 2</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Spain</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2x50 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A-/Baa1/A-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2012</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">19/19</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Solnova 1, 3 & 4</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Spain</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">3x50 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A-/Baa1/A-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2010</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">16/16/17</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Solaben 1 & 6</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Spain</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2x50 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A-/Baa1/A-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2013</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">20/20</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Kaxu</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">51%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(4)</sup></font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">South Africa</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Rand</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">BB/Baa3/BB+<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"><font style="font-weight: bold;">(10)</font></sup></font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2015</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">16</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Palmatir</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Wind)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Uruguay</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">50 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">BBB/Baa2/BBB-<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"><font style="font-weight: bold;">(11)</font></sup></font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2014</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">15</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cadonal</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Wind)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Uruguay</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">50 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">BBB/Baa2/BBB-<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"><font style="font-weight: bold;">(11)</font></sup></font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2014</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">16</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">ACT</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Efficient natural gas</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Mexico</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">300 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">BBB+/ Baa3/BBB+</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2013</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">14</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">ATN <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(12)</sup></font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">line</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Peru</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">365 miles</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">BBB+/A3/BBB+</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2011</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">22</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: top; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">ATS</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">line</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Peru</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">569 miles</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">BBB+/A3/BBB+</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2014</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">25</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">ATN 2</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">line</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Peru</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">81 miles</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Not rated</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2015</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">14</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Quadra 1</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">line</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Chile</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">49 miles</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Not rated</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2014</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">16</font></div></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt; border-collapse: collapse;"><tr><td rowspan="1" style="width: 16.51%; vertical-align: middle;"> </td><td rowspan="1" style="width: 13.04%; vertical-align: middle;"> </td><td rowspan="1" style="width: 10%; vertical-align: middle;"> </td><td rowspan="1" style="width: 9.28%; vertical-align: middle;"> </td><td rowspan="1" style="width: 10.3%; vertical-align: middle;"> </td><td rowspan="1" style="width: 8.12%; vertical-align: middle;"> </td><td rowspan="1" style="width: 16.38%; vertical-align: middle;"> </td><td rowspan="1" style="width: 6.76%; vertical-align: middle;"> </td><td rowspan="1" style="width: 9.62%; vertical-align: middle;"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Quadra 2</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">line</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Chile</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">32 miles</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Not rated</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2014</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">16</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Palmucho</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">line</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Chile</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">6 miles</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">BBB+/Baa1/BBB+</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2007</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">19</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Chile TL3</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">line</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Chile</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">50 miles</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A+/A1/A</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">1993</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Regulated</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Skikda</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Water</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">34.2%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(5)</sup></font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Algeria</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">3.5 M</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">ft3/day</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Not rated</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2009</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">15</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Honaine</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Water</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">25.5%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(6)</sup></font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Algeria</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">7 M ft3/</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">day</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Not rated</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2012</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">19</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: top; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Seville PV</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">80%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(7)</sup></font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Spain</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">1 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A-/Baa1/A-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2006</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">17</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: top; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Melowind</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Wind)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Uruguay</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">50MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">BBB/Baa2/BBB-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2015</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">17</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: top; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Mini-Hydro</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Hydraulic)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Peru</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">4 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">BBB+/A3/ BBB+-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2012</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">14</font></div></td></tr></table><div style="text-align: left;"><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (1)</font></td><td style="text-align: left; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">On September 30, 2013, Liberty Interactive Corporation agreed to invest $300 million in Class A shares of ASO Holdings Company LLC, the holding company of Solana, in exchange for a share of the dividends and the taxable losses generated by Solana.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(2)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Itochu Corporation, a Japanese trading company, holds 30% of the shares in each of Solaben 2 and Solaben 3.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(3)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">JGC, a Japanese engineering company, holds 13% of the shares in each of Solacor 1 and Solacor 2.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(4)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Kaxu is owned by the Company (51%), Industrial Development Corporation of South Africa (29%) and Kaxu Community Trust (20%).</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(5)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Algerian Energy Company, SPA owns 49% of Skikda and Sacyr Agua, S.L. owns the remaining 16.83%.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(6)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Algerian Energy Company, SPA owns 49% of Honaine and Sacyr Agua, S.L. owns the remaining 25.5%.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(7)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Instituto para la Diversificación y Ahorro de la Energía (“Idae”), a Spanish state owned company, holds 20% of the shares in Seville PV.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(8)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Certain contracts denominated in U.S. dollars are payable in local currency.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(9)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Reflects the counterparty’s credit ratings issued by Standard & Poor’s Ratings Services, or S&P, Moody’s Investors Service Inc., or Moody’s, and Fitch Ratings Ltd, or Fitch.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(10)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Refers to the credit rating of the Republic of South Africa. The offtaker is Eskom, which is a state-owned utility company in South Africa.</font></div></td></tr></table><div style="text-align: justify;"><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(11)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Refers to the credit rating of Uruguay, as UTE (Administración Nacional de Usinas y Transmisoras Eléctricas) is unrated.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(12)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Including the acquisition of ATN expansion 1.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(13)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">As of December 31, 2018.</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On November 27, 2015, Abengoa, reported that, it filed a communication pursuant to article 5 bis of the Spanish Insolvency Law 22/2003 with the Mercantile Court of Seville nº 2. On November 8, 2016, the Judge of the Mercantile Court of Seville declared judicial approval of Abengoa´s restructuring agreement. On March 31, 2017 Abengoa announced the completion of the restructuring. As a result, Atlantica Yield received Abengoa debt and equity instruments in exchange of the guarantee previously provided by Abengoa regarding the preferred equity investment in Abengoa Concessoes Brasil Holding (“ACBH”).</font></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><br /></font></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The project financing arrangement of Kaxu contains cross-default provisions related to Abengoa such that debt defaults by Abengoa, subject to certain threshold amounts and/or a restructuring process, could trigger a default under the Kaxu project financing arrangement. In March 2017, Atlantica obtained a waiver in its Kaxu project financing arrangement which waives any potential cross-defaults with Abengoa up to that date, but it does not cover potential future cross-default events.</font></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><br /></font></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In addition, in Solana and Mojave, in November 2017, in the context of the agreement reached between Abengoa and Algonquin for the acquisition by Algonquin of 25% of the shares of the Company and based on the obligations of Abengoa under the EPC contract, the Company signed a consent with the DOE which reduced this minimum ownership required by Abengoa in Atlantica Yield to 16%, which became effective upon closing of the transaction on March 9, 2018, when Abengoa announced it made effective the sale of a 25% stake in Atlantica Yield to Algonquin.  In addition, the DOE approved on November 27, 2018 the sale to Algonquin of the residual stake of 16.47% in the Company held by Abengoa, canceling any residual change of ownership clause of previous agreements.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">These consolidated financial statements were approved by the Board of Directors of the Company on February 26, 2019.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Accordingly, the following table provides a summary of the discount rates used (WACC) and growth rates to calculate the recoverable amount for CGUs with the operating segment to which it pertains:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 70%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 46%; padding-bottom: 2px; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Operating segment</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Discount rate</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Growth rate</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 46%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">EMEA</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">4% - 6</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">%</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">0</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">%</font></div></td></tr><tr><td valign="bottom" style="width: 46%; vertical-align: top; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">North America</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5% - 6</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">%</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">0</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">%</font></div></td></tr><tr><td valign="bottom" style="width: 46%; vertical-align: top; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">South America</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5% - 7</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">%</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">0</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">%</font></div></td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.19. Use of estimates</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Some of the accounting policies applied require the application of significant judgment by management to select the appropriate assumptions to determine these estimates. These assumptions and estimates are based on the historical experience, advice from experienced consultants, forecasts and other circumstances and expectations as of the close of the financial period. The assessment is considered in relation to the global economic situation of the industries and regions where the Company operates, taking into account future development of the businesses of the Company. By their nature, these judgments are subject to an inherent degree of uncertainty; therefore, actual results could materially differ from the estimates and assumptions used. In such cases, the carrying values of assets and liabilities are adjusted.</font></div><div style="text-align: left;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The most critical accounting policies, which reflect significant management estimates and judgment to determine amounts in these consolidated financial statements, are as follows:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional agreements and PPAs.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Impairment of intangible assets and property, plant and equipment.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Assessment of control.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Derivative financial instruments and fair value estimates.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Income taxes and recoverable amount of deferred tax assets.</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">As of the date of preparation of these consolidated financial statements, no relevant changes in the estimates made are anticipated and, therefore, no significant changes in the value of the assets and liabilities recognized at December 31, 2018, are expected.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Although these estimates and assumptions are being made using all available facts and circumstances, it is possible that future events may require management to amend such estimates and assumptions in future periods. Changes in accounting estimates are recognized prospectively, in accordance with IAS 8, in the consolidated income statement of the year in which the change occurs.</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.3. Contracted concessional assets and price purchase agreements</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional assets and price purchase agreements (PPAs) include fixed assets financed through project debt, related to service concession arrangements recorded in accordance with IFRIC 12, except for Palmucho, which is recorded in accordance with IAS 17 and PS10, PS20, Mini-Hydro, Chile TL 3 and Seville PV, which are recorded as tangible assets in accordance with IAS 16. The infrastructures accounted for by the Company as concessions are related to the activities concerning electric transmission lines, solar electricity generation plants, cogeneration plants, wind farms and water plants. The useful life of these assets is approximately the same as the length of the concession arrangement. The infrastructure used in a concession can be classified as an intangible asset or a financial asset, depending on the nature of the payment entitlements established in the agreement.</font></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The application of IFRIC 12 requires extensive judgment in relation with, among other factors, (i) the identification of certain infrastructures and contractual agreements in the scope of IFRIC 12, (ii) the understanding of the nature of the payments in order to determine the classification of the infrastructure as a financial asset or as an intangible asset and (iii) the timing and recognition of the revenue from construction and concessionary activity.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Under the terms of contractual arrangements within the scope of this interpretation, the operator shall recognize and measure revenue in accordance with IFRS 15 for the services it performs. If the operator performs more than one service (i.e. construction or upgrade services and operation services) under a single contract or arrangement, consideration received or receivable shall be allocated by reference to the relative fair values of the services delivered, when the amounts are separately identifiable.</font></div><div style="text-align: left;"><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">a)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Intangible asset</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company recognizes an intangible asset to the extent that it receives a right to charge final customers for the use of the infrastructure. This intangible asset is subject to the provisions of IAS 38 and is amortized linearly, taking into account the estimated period of commercial operation of the infrastructure which coincides with the concession period.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Once the infrastructure is in operation, the treatment of income and expenses is as follows:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Revenues from the updated annual revenue for the contracted concession, as well as operations and maintenance services are recognized in each period according to IFRS 15 “Revenue from contracts with Customers”.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Operating and maintenance costs and general overheads and administrative costs are recorded in accordance with the nature of the cost incurred (amount due) in each period.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">·</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Financing costs are expensed as incurred.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">b)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Financial asset</font></div></td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company recognizes a financial asset when demand risk is assumed by the grantor, to the extent that the concession holder has an unconditional right to receive payments for the asset. This asset is recognized at the fair value of the construction services provided, considering upgrade services in accordance with IFRS 15, if any.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The financial asset is subsequently recorded at amortized cost calculated according to the effective interest method. Revenue from operations and maintenance services is recognized in each period according to IFRS 15 “Revenue from contracts with Customers”. The remuneration of managing and operating the asset resulting from the valuation at amortized cost is also recorded in revenue.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Financing costs are expensed as incurred.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">According to IFRS 9, Atlantica recognises an allowance for expected credit losses (ECLs) for all debt instruments not held at fair value through profit or loss. ECLs are based on the difference between the contractual cash flows due in accordance with the contract and all the cash flows that the Company expects to receive.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">There are two main approaches to applying the ECL model according to IFRS 9: the general approach which involves a three stage approach, and the simplified approach, which can be applied to trade receivables, contract assets and lease receivables. Atlantica has elected to apply the simplified approach. Under this approach, there is no need to monitor for significant increases in credit risk and entities will be required to measure lifetime expected credit losses at each end of reporting period.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The key elements of the ECL calculations are the following:</font></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><br /></font></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 45pt;"><br /></td><td style="width: 13.65pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">the Probability of Default (“PD”) is an estimate of the likelihood of default over a given time horizon. Atlantica calculates PD based on Credit Default Swaps spreads (“CDS”);</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 45pt;"><br /></td><td style="width: 13.65pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">the Exposure at Default (“EAD”) is an estimate of the exposure at a future default date;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 45pt;"><br /></td><td style="width: 13.65pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">the Loss Given Default (“LGD”) is an estimate of the loss arising in the case where a default occurs at a given time. It is based on the difference between the contractual cash flows due and those that the Company would expect to receive. It is expressed as a percentage of the EAD.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">c)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Property, plant and equipment</font></div></td></tr></table><div style="text-align: left;"><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Property, plant and equipment includes property, plant and equipment of companies or project companies. Property, plant and equipment is measured at historical cost, including all expenses directly attributable to the acquisition, less depreciation and impairment losses, with the exception of land, which is presented net of any impairment losses.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Once the infrastructure is in operation, the treatment of income and expenses is the same as the one described above for intangible asset.</font></div></div>
684073000
643083000
684073000
643083000
684073000
0
643083000
0
0
0
0
0
102350000
107560000
107560000
257325000
0
0
102908000
0
0
0
0
268905000
102350000
102908000
102350000
0
307736000
0
102350000
128000
0
11452000
0
0
0
257325000
0
11452000
0
107560000
107316000
213467000
68907000
268905000
205258000
107560000
253393000
2778043000
2464352000
1725961000
5091114000
900801000
876063000
5475208000
1821102000
29545000
35093000
4162596000
579173000
698346000
3868626000
545123000
647820000
5475208000
5091114000
5475208000
5091114000
0
0
5228917000
5330467000
4629184000
701283000
246291000
4826659000
264455000
257012000
299840000
268625000
3674770000
326413000
29545000
456179000
2049892000
35093000
2464352000
384915000
2778043000
2286771000
739000000
114
1015
137
114
0.75
549000
122000
1573000
3011000
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Details of balances with related parties as of December 31, 2018 and 2017 are as follows:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 66%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 66%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 66%; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 66%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Credit receivables (current)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,328</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,567</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total current receivables with related parties</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">5,328</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">11,567</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; vertical-align: middle; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Credit receivables (non-current)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,108</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total non-current receivables with related parties</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2,108</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Trade payables (current)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">19,352</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">63,409</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total current payables with related parties</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">19,352</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">63,409</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; vertical-align: middle; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Credit payables (non-current)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">33,675</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">141,031</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 66%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total non-current payables with related parties</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">33,675</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">141,031</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Appendices</font></div><div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Appendix V (Schedule I)</font></div><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Condensed Financial Statements of Atlantica Yield plc</font></div><div style="text-align: center;"><font style="font-weight: bold; font-size: 10pt; font-family: 'Times New Roman';"><u>Condensed statements of financial position of Atlantica Yield Plc.</u></font></div><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">– Amounts in thousands of usd –</font></div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">As of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: top;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Assets</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 76%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Investment in affiliates</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,883,964</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,044,967</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 76%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Loans to affiliates</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">605,778</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">647,911</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 76%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Cash and cash equivalents</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">106,734</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">148,525</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 2px; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other assets</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">8,458</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">3,704</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 4px; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Total assets</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,604,934</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,845,107</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 76%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Liabilities and Equity</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 76%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Borrowings</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">426,748</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">386,616</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 76%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Notes and bonds</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">257,325</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">256,468</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 76%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Intercompany liabilities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">138,222</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">103,796</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 2px; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other Liabilities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">13,493</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">11,168</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 4px; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Total Liabilities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">835,788</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">758,048</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 76%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Common Stock</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">10,022</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">10,022</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 76%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Additional paid-in capital</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,481,881</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,981,881</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 76%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Distributable reserves</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">461,686</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">42,410</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 76%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other reserves</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">181</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 76%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Accumulated gains (losses)-net</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(184,443</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">52,565</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 2px; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Total shareholders’s equity</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,769,146</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,087,059</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 76%; padding-bottom: 4px; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Total liabilities and equities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,604,934</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,845,107</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td></tr></table><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><div style="text-align: center;"><font style="font-weight: bold; font-size: 10pt; font-family: 'Times New Roman';"><u>Condensed income statements of Atlantica Yield, Plc.</u></font></div><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">– Amounts in thousands of usd –</font></div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px; width: 54%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px; width: 54%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 54%;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Income from</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 54%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Services</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">54,743</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">123,944</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">114,653</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 54%; padding-bottom: 2px; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other financial income</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">4,334</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">17,419</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">8</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 54%; padding-bottom: 4px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Total income</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">59,077</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">141,363</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">114,661</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 54%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Expenses</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 54%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other operating expenses</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(189,116</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(21,173</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(26,132</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 54%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Interest</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(42,321</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(46,292</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(35,615</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 54%; padding-bottom: 2px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other financial expenses</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(12,083</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(21,333</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(21,651</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 54%; padding-bottom: 4px; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Total expenses</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(243,520</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(88,798</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(83,398</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 54%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Income/(Loss) before income taxes</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(184,443</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">52,565</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">31,263</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 54%; padding-bottom: 2px; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Income tax benefits/(expense)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 54%; padding-bottom: 4px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Profit/(Loss) for the year</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(184,443</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">52,565</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">31,263</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td></tr></table><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><div style="text-align: center;"><font style="font-weight: bold; font-size: 10pt; font-family: 'Times New Roman';"><u>Other comprehensive income statement of Atlantica Yield, Plc.</u></font></div><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">– Amounts in thousands of usd –</font></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Profit/(loss) for the year</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(184,443</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">52,565</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">31,263</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Items that may be subject to transfer to income statement</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Change in fair value of cash flow hedges</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">147</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(13,666</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">7,213</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Net income/(expenses) recognized directly in equity</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">147</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(13,666</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">7,213</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Cash flow hedges</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(328</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(32</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,321</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Transfer to income statement</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(328</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(32</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2,321</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Other comprehensive income/(loss) for the year</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(181</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(13,698</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">9,534</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total comprehensive income/(loss) for the year</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(184,624</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">38,867</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">40,797</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr></table><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><div style="text-align: center;"><font style="font-weight: bold; font-size: 10pt; font-family: 'Times New Roman';"><u>Condensed cash flow statements of Atlantica Yield, Plc.</u></font></div><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">– Amounts in thousands of usd –</font></div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Cash Flow from operating activities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(30,571</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">34,937</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">5,911</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Cash Flow—investing activities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Decrease (increase) in investment and advance to affiliates</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">66,069</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">151,033</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">97,341</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Net decrease (increase) in other assets</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Cash (used for)/provided by investing activities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">66,069</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">151,033</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">97,341</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Cash Flow—financing activities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Net increase/(decrease) in borrowings and other liabilities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">56,000</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(64,754</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Dividend paid to shareowner</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(133,289</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(94,845</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(26,585</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Capital increase and other</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Cash from financing activities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(77,289</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(159,599</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(26,585</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increase (decrease) in cash and cash equivalents during the year</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(41,791</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">26,371</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">76,667</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Cash and cash equivalent at the beginning of the year</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">148,525</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">122,154</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">45,487</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Cash and cash equivalent at the end of the year</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">106,734</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">148,525</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">122,154</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr></table><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><div style="text-align: center;"><font style="font-weight: bold; font-size: 10pt; font-family: 'Times New Roman';"><u>Notes to the Condensed Financial Statements</u></font></div><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"></font><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Schedule I has been provided pursuant to the requirements of Rule 12- 04(a) of Regulation S-X, of the US Securities and Exchange Commission (SEC) which require condensed financial information as to the financial position, change in financial position, results of operations of Atlantica Yield plc, other comprehensive income statement and cash flow statement as of the same dates and for the same periods for which audited consolidated financial statements have been presented when the restricted net assets of consolidated subsidiaries exceed 25 percent of consolidated net assets as of the end of the most recently completed fiscal year.</font></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Certain information and footnote disclosures normally included in financial statements prepared in accordance with International Financial Reporting Standards have been condensed or omitted. The footnote disclosures contain supplemental information only and, as such, these statements should be read in conjunction with the notes to the accompanying consolidated financial statements.</font></div><div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Basis of Presentation.</font></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td style="width: 18pt;"><br /></td><td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">a)</font></td><td style="width: auto; vertical-align: top; text-align: justify;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">The presentation of Atlantica Yield plc stands alone condensed financial statement has been prepared using the same accounting policies as set out in the accompanying consolidated financial statements except that, the Company records its investment in subsidiaries under the cost method of accounting and that financial income from credits to companies in the group are recorded under Income from services, given that the company is a holding and this type of service is part of its primary activity. Such investments are presented on the statements of financial position as “Investment in and loans to affiliates” at cost less any identified impairment loss.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td style="width: 18pt;"><br /></td><td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">b)</font></td><td style="width: auto; vertical-align: top; text-align: left;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">As of December 31, 2018, 2017 and 2016 there were no material contingencies, significant provisions of long-term obligations, mandatory dividend or redemption requirements of redeemable stocks or guarantees of the Company, except for those which have been separately disclosed in the Consolidated Financial Statements, if any.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td style="width: 18pt;"><br /></td><td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">c)</font></td><td style="width: auto; vertical-align: top; text-align: justify;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">For the year ended December 31, 2018, no cash dividend has been declared to the Company by its consolidated subsidiaries or associated. For the year ended December 2017 and 2016, cash dividend of $10,383 thousand and $29,737 thousand were declared to the Company by its consolidated subsidiaries or associates, respectively.</font></div></td></tr></table><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Reconciliation of the stand-alone to consolidated financial statements of Atlantica Yield Plc.</font></div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Profit/(Loss) Reconciliation</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Stand-alone—IFRS profit/(loss) for the period</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(184,443</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">52,565</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">31,263</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Additional profit/(loss) if subsidiaries had been accounted for using the equity method of accounting as opposed to cost method</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">226,039</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(164,369</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(36,118</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Consolidated IFRS profit/(loss) for the period attributable to Atlantica Yield plc</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">41,596</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(111,804</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(4,855</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr></table><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Equity Reconciliation</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">As of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Stand-alone—IFRS shareholders equity</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,769,146</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,087,059</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,153,420</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Additional shareholders equity if subsidiaries had been accounted for using the equity method of accounting as opposed to cost method</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(13,034</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(191,606</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(194,309</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td colspan="1" valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Consolidated IFRS shareholders equity</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,756,112</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,895,453</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,959,111</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr></table><div><br /></div></div>
10383000
29737000
0
191606000
13034000
194309000
39000000
0
0
38955000
34181000
6453000
21137000
0.4147
0.25
0.25
0.1647
0.16
0.300
0.160
3000000
7000000
0.65
0.3
2
0
1326000
-1326000
-53048000
-38182000
14866000
-53048000
62982000
62982000
62982000
27695000
8849000
-3055000
-39599000
0
0
0
97341000
151033000
66069000
0
0
0
56000000
-64754000
0
-2731000
-2563000
-1066000
1
0.0025
0.75
0.7
1
1
0.81
32928000
37290000
39142000
205779000
185190000
657345000
523827000
413500000
363993000
1
0.75
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Clients and other receivable as of December 31, 2018 and 2017, consist of the following:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Trade receivables</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">163,856</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">186,728</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Tax receivables</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">54,959</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">39,607</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Prepayments</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">5,521</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">6,375</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other accounts receivable</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">12,059</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,739</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">236,395</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">244,449</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Trade receivables in foreign currency as of December 31, 2018 and 2017, are as follows:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">91,303</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">109,165</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Rand</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">25,193</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">23,792</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">9,884</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">7,363</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 56%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">126,380</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">140,320</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following table shows the detail of Cash and cash equivalents as of December 31, 2018 and 2017:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 70%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 46%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 46%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 46%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash at bank and on hand</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">631,542</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">669,387</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 46%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">631,542</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">669,387</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following breakdown shows the main currencies in which cash and cash equivalent balances are denominated:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 70%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 46%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 46%; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Currency</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 46%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">U.S. dollar</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">328,716</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">319,400</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 46%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">228,036</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">288,625</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 46%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Algerian Dinar</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,602</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">13,628</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 46%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">South African Rand</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">55,257</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">40,999</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 46%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Others</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">7,931</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">6,735</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 46%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">631,542</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">669,387</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table></div>
18300000
7600000
120000000
23000000
P5Y
77500000
16500000
42500000
28000000
10400000
10400000
1700000
57300000
35300000
10300000
7400000
112000000
95000000
9000000
55000000
13000000
625000000
2019-03-22
P60D
0.135
P180D
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The following table sets out Other net financial income and expenses for the years 2018, 2017 and 2016:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Other financial income / (expenses)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Dividend from ACBH (Brazil)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">10,383</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">27,948</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Impairment preferred equity investment in ACBH</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(22,076</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other financial income</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">14,431</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">28,809</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">13,027</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 2px; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other financial losses</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(22,666</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(20,758</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(10,394</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 4px; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(8,235</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">18,434</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">8,505</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td></tr></table></div>
647911000
605778000
138222000
103796000
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Note 16.- Grants and other liabilities</font></div><div><br /></div><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Grants and other liabilities as of December 31, 2018 and December 31, 2017 are as follows:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 56%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 56%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Grants</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,150,805</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,225,877</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; padding-bottom: 2px; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other liabilities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">507,321</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">410,183</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; padding-bottom: 4px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Grant and other non-current liabilities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">1,658,126</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">1,636,060</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">As of December 31, 2018, the amount recorded in Grants corresponds primarily to the ITC Grant awarded by the U.S. Department of the Treasury to Solana and Mojave for a total amount of $739 million ($771 million as of December 31, 2017), which was primarily used to fully repay the Solana and Mojave short-term tranche of the loan with the Federal Financing Bank. The amount recorded in Grants as a liability is progressively recorded as other income over the useful life of the asset.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The remaining balance of the “Grants” account corresponds to loans with interest rates below market rates for Solana and Mojave for a total amount of $410 million ($452 million as of December 31, 2017). Loans with the Federal Financing Bank guaranteed by the Department of Energy for these projects bear interest at a rate below market rates for these types of projects and terms. The difference between proceeds received from these loans and its fair value, is initially recorded as “Grants” in the consolidated statement of financial position, and subsequently recorded in “Other operating income” starting at the entry into operation of the plants. Total amount of income for these two types of grants for Solana and Mojave is $59.3 million and $59.6 million for the year ended December 31, 2018 and 2017, respectively.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other liabilities mainly relate to the investment from Liberty Interactive Corporation (‘Liberty’) made on October 2, 2013 for an amount of $300 million. The investment was made in class A shares of Arizona Solar Holding, the holding of Solana Solar plant in the United States. Such investment was made in a tax equity partnership which permits the partners to have certain tax benefits such as accelerated depreciation and ITC. Liberty has the right to receive 61.20% of taxable losses and distributions until such time as Liberty reaches a certain rate of return, or the Flip Date, and 22.60% of taxable losses and distributions thereafter. Given the underperformance of the asset in the last years, there is uncertainty regarding the Flip Date, regarding when it will occur, if so. The Company expects potential cash distributions from Solana to go mostly or entirely to Liberty in the upcoming years.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">According to the stipulations of IAS 32 and in spite of the fact that the investment of Liberty is in shares, it does not qualify as equity and has been classified as a liability as of December 31, 2018 and 2017. The liability is recorded in Grants and other liabilities for a total amount of $358 million ($352 million as of December 31, 2017) and its current portion is recorded in other current liabilities for the remaining amount (see Note 17). This liability has been initially valued at fair value, calculated as the present value of expected cash-flows during the useful life of the concession, and is then measured at amortized cost in accordance with the effective interest method, considering the most updated expected future cash-flows.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Additionally, other liabilities include $57 million of finance lease liabilities as of December 31, 2018, further to the application of IFRS 16, Leases from January 1, 2018 (see Note 2).</font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Note 6.- Contracted concessional assets</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contracted concessional assets include fixed assets financed through project debt, related to service concession arrangements recorded in accordance with IFRIC 12, except for Palmucho, which is recorded in accordance with IAS 17, and PS10, PS20, Seville PV, Mini-Hydro and Chile TL3 which are recorded as property plant and equipment in accordance with IAS 16. Concessional assets recorded in accordance with IFRIC 12 are either intangible of financial assets. As of December 31, 2018, contracted concessional financial assets amount to $843,291 thousand ($936,004 thousand as of December 31, 2017).</font></div><div><br /></div><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">For further details on the application of IFRIC 12 to projects, see Appendix III.</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">a)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following table shows the movements of contracted concessional assets included in the heading “Contracted Concessional assets” for 2018:</font></div></td></tr></table><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 68%; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Cost</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total as of January 1, 2018</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">10,633,769</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Additions</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">10,463</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Application of IFRS 16 – Leases (Note 2)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">62,982</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Subtractions</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(92,814</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Change in the scope of the consolidated financial statements (Note 5)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">170,040</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Translation differences</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(280,680</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 68%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Reclassification and other movements</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(27,932</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 68%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total as of December 31, 2018</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">10,475,828</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 78%; vertical-align: middle;"><div> </div><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Accumulated amortization</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total as of January 1, 2018</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(1,549,499</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Adjustments arising from application of IFRS9 - Expected Credit Losses (Note 2)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(53,048</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Additions</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(362,697</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Change in the scope of the consolidated financial statements (Note 5)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(14,131</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Translation differences</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">52,728</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 78%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total accum. amort. as of December 31, 2018</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(1,926,647</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">)</font></div></td></tr><tr><td valign="bottom" style="width: 78%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Net balance at December 31, 2018</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">8,549,181</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">During 2018, contracted concessional assets decreased primarily due to the effect of the depreciation of the Euro against the U.S. dollar for the year ended December 31, 2018 compared to the year ended December 31, 2017 and to the amortization charge for the year.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other relevant movements in the cost of contracted concessional assets are an increase for the acquisition of new concessional assets (see Note 5), the impact of the application of IFRS 16, ´Leases´ from January 1, 2018 (see Note 2), partially offset by a decrease for the payments received from Abengoa by Solana in March and December 2018 further to Abengoa´s obligation as EPC Contractor (see Note 10).</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Amortization and impairment amount includes the recognition of impairment provisions based on expected credit losses due to the application of IFRS 9, ´Financial instruments´ from January 1, 2018 (see Note 2).</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The decrease included in “Reclassification and other movements” is mainly due to the reclassification from the long to the short term of the current portion of the contracted concessional financial assets.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Considering the lower production compared with the run-rate production expected for Solana due to the technical issues experienced since COD in the asset and the uncertainty around level of production in the future, the Company identified a triggering event of impairment during the year 2018 in compliance with IAS 36, Impairment of Assets. As a result, an impairment test has been performed resulting in the recording of an impairment loss of $42,721 thousand as of December 31, 2018.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The impairment has been recorded within the line “Depreciation, amortization and impairment charges” of the consolidated income statement, decreasing the amount of “Contracted concessional assets” pertaining to the Renewable energy sector and North America geography. The recoverable amount considered is the value in use and amounts to $1,141,209 thousand for Solana, as of December 31, 2018. A specific discount rate has been used in each year considering changes in the debt/equity leverage ratio over the useful life of this project, resulting in the use of a range of discount rates between 5.0% and 5.8%.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">An adverse change in the key assumptions which are individually used for the valuation could lead to future impairment recognition; specifically, a 5% decrease in generation over the entire remaining useful life (PPA) of the project would generate an additional impairment of approximately $72 million. An increase of 50 basis points in the discount rate would lead to an additional impairment of approximately $50 million.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In addition, the Company identified a triggering event of impairment for Mojave as a result of the negative credit outlooks of Pacific Gas and Electric Company, the offtaker of the plant, as of December 31, 2018 (see Note 23.2 for further details). This project is within the Renewable energy sector and North America geography. The Company therefore performed an impairment test as of December 31, 2018, which resulted in the recoverable amount (value in use) exceeding the carrying amount of the asset by 10%. To determine the value in use of the asset, a specific discount rate has been used in each year considering changes in the debt/equity leverage ratio over the useful life of this project, resulting in the use of a range of discount rates between 4.6% and 5.8%.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">An adverse change in the key assumptions which are individually used for the valuation would not lead to future impairment recognition; neither in case of a 5% decrease in generation over the entire remaining useful life (PPA) of the project nor in case of an increase of 50 basis points in the discount rate.</font></div><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">b)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following table shows the movements of contracted concessional assets included in the heading “Contracted Concessional assets” for 2017:</font></div></td></tr></table><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 68%; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Cost</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total as of January 1, 2017</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">10,067,596</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Additions</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">15,426</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Subtractions</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(42,500</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 68%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Translation differences</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">593,247</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 68%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total as of December 31, 2017</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">10,633,769</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div><br /></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 68%; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Accumulated amortization</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total as of January 1, 2017</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(1,143,324</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Additions</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(309,846</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Translation differences</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(96,329</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 68%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total accum. amort. as of December 31, 2017</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(1,549,499</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 68%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Net balance at December 31, 2017</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,084,270</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">During 2017 contracted concessional assets increased primarily due to the effect of appreciation of the Euro against the U.S. dollar for the year ended December 31, 2017 compared to the year ended December 31, 2016, this effect has been partially compensated by the amortization charge for the year.</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The decrease relates to the indemnity received from Abengoa by Solana in December 2017 further to Abengoa´s obligation as EPC Contractor (see Note 10).</font></div><div><br /></div><div style="text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">No losses from impairment of contracted concessional assets were recorded during the year ended December 31, 2017.</font></div></div>
16200000
36642000
36642000
0
36600000
23000000
0
27948000
10383000
27948000
0
10383000
50000000
0.05
0.05
72000000
0.005
0.005
0.1
P20Y
0.1
0.3
0.3
22972000
20994000
11110000
0.8
0
96328000
0
54395000
54879000
846919000
707730000
641242000
776807000
49445000
31174000
31241000
53620000
4628289000
476191000
539466000
3415853000
3033528000
233214000
457853000
571374000
215117000
4314307000
32412000
32428000
6600000
33000000
20000000
20000000
200000000
2500000
35000000
2500000
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The following tables shows the breakdown of the third-party commitments and contractual obligations as of December 31, 2018 and 2017:</font></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><br /></font></div><table border="0" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2019</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2020 and 2021</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2022 and 2023</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Subsequent</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Corporate debt</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">684,073</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">268,905</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">107,560</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">205,258</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">102,350</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Loans with credit institutions (project debt)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">4,314,307</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">233,214</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">476,191</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">571,374</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">3,033,528</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Notes and bonds (project debt)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">776,807</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">31,241</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">49,445</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">54,879</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">641,242</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Purchase commitments</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">3,082,495</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">131,417</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">264,461</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">259,775</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,426,842</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Accrued interest estimate during the useful life of loans</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,743,132</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">314,984</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">565,040</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">492,932</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,370,176</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr></table><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2019 and 2020</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2021 and 2022</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Subsequent</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Corporate debt</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">643,083</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">68,907</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">253,393</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">107,316</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">213,467</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Loans with credit institutions (project debt)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">4,628,289</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">215,117</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">457,853</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">539,466</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">3,415,853</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Notes and bonds (project debt)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">846,919</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">31,174</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">53,620</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">54,395</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">707,730</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Purchase commitments</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">3,149,813</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">141,867</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">230,014</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">259,845</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,518,087</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 40%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Accrued interest estimate during the useful life of loans</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">3,129,321</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">340,481</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">630,108</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">559,856</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,598,876</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Details for income tax for the years ended December 31, 2018, 2017 and 2016 are as follows:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 54%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the twelve-month period ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 54%; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Item</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 54%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Current tax</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(468</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(1,998</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(1,018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: top; width: 54%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Deferred tax</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(42,191</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(117,839</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(648</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 54%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">-          relating to the origination and reversal of temporary differences</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(42,191</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(98,508</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(648</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">) <br /></font></div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 54%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">-          relating to changes in tax rates</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(19,331</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 54%; padding-bottom: 4px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total income tax benefit/(expense)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(42,659</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(119,837</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(1,666</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The reconciliation between the theoretical income tax resulting from applying an average statutory tax rate to income/(loss) before income tax and the actual income tax expense recognized in the consolidated income statements for the years ended December 31, 2018, 2017 and 2016, are as follows:</font></div><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';"></font><br /></div><table cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Concept</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Consolidated income / (loss) before taxes</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">97,928</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">14,950</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">3,333</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Average statutory tax rate</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">30</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">%</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">30</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">%</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">30</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">%</font></div></td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Corporate income tax at average statutory tax rate</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(29,378</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(4,485</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(1,000</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Income tax of associates, net</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,639</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,765</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,110</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Differences in foreign tax rates</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">752</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">3,304</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(4,930</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Permanent differences</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">5,385</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">19,324</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">11,121</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Incentives, deductions, and unrecognized tax losses carryforwards</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(22,972</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(20,994</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(11,110</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Change in corporate income tax</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(19,331</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">U.S. Internal Revenue Code Section 382</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(96,328</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 64%; padding-bottom: 2px; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other non-taxable income/(expense)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,915</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(3,092</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,143</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 64%; padding-bottom: 4px; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Corporate income tax</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(42,659</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(119,837</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">(1,666</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">)</font></div></td></tr></table></div>
-3018000
5128000
86418000
17996000
0
0
24195000
31421000
6978000
-6001000
13312000
10685000
590000
100234000
106492000
388216000
354020000
13596000
106140000
13860000
779310000
93858000
78461000
441625000
16282000
850607000
104795000
87695000
538427000
124599000
284691000
664428000
282328000
308748000
569193000
108766000
763310000
763310000
779310000
850607000
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">a)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following table shows the movements of contracted concessional assets included in the heading “Contracted Concessional assets” for 2018:</font></div></td></tr></table><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 68%; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Cost</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total as of January 1, 2018</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">10,633,769</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Additions</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">10,463</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Application of IFRS 16 – Leases (Note 2)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">62,982</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Subtractions</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(92,814</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Change in the scope of the consolidated financial statements (Note 5)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">170,040</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Translation differences</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(280,680</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 68%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Reclassification and other movements</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(27,932</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 68%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total as of December 31, 2018</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">10,475,828</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr></table><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 78%; vertical-align: middle;"><div> </div><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Accumulated amortization</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total as of January 1, 2018</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(1,549,499</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Adjustments arising from application of IFRS9 - Expected Credit Losses (Note 2)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(53,048</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Additions</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(362,697</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Change in the scope of the consolidated financial statements (Note 5)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(14,131</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 78%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Translation differences</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">52,728</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 78%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total accum. amort. as of December 31, 2018</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(1,926,647</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">)</font></div></td></tr><tr><td valign="bottom" style="width: 78%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Net balance at December 31, 2018</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">8,549,181</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 20.25pt;"><br /></td><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">b)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following table shows the movements of contracted concessional assets included in the heading “Contracted Concessional assets” for 2017:</font></div></td></tr></table><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 68%; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Cost</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total as of January 1, 2017</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">10,067,596</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Additions</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">15,426</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Subtractions</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(42,500</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 68%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Translation differences</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">593,247</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 68%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total as of December 31, 2017</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">10,633,769</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div><br /></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 68%; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Accumulated amortization</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle;"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total as of January 1, 2017</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(1,143,324</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Additions</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(309,846</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 68%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Translation differences</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(96,329</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 68%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total accum. amort. as of December 31, 2017</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(1,549,499</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 68%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Net balance at December 31, 2017</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">9,084,270</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table></div>
0.2260
2
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Grants and other liabilities as of December 31, 2018 and December 31, 2017 are as follows:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 56%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 56%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"> 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Grants</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,150,805</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">1,225,877</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; padding-bottom: 2px; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Other liabilities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">507,321</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">410,183</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: top; width: 56%; padding-bottom: 4px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Grant and other non-current liabilities</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">1,658,126</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">1,636,060</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td></tr></table></div>
1
1
3
3
2
4
10500000
4
50
1
66
50
100
300
280
100
280
100
50
100
4
100
1
100
50
150
31
P20Y
1
1
1
1
2
4
8
1
1
3
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following table details the movement in Corporate debt for the year 2018, split between cash and non-cash items:</font></div><div style="text-align: left;"><br /></div><table border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: middle; width: 42%;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">January 1, 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Cash Flow</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Non-cash changes</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">December 31, 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom; width: 1%;"> </td></tr><tr><td valign="bottom" style="width: 42%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Corporate debt</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">643,083</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">14,403</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">26,587</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">684,073</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The breakdown of the corporate debt as of December 31, 2018 and 2017 is as follows:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 60%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 36%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 36%; padding-bottom: 2px; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Non-current</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 36%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Credit Facilities with financial entities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">415,168</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">320,783</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 36%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Notes and Bonds</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">253,393</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 36%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total Non-Current</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">415,168</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">574,176</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table><div style="text-align: left;"><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 60%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 36%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 36%; padding-bottom: 2px; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Current</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 36%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Credit Facilities with financial entities</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,580</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">65,833</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 36%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Notes and Bonds</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">257,325</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,074</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 36%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total Current</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">268,905</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">68,907</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The repayment schedule for the Corporate debt at the end of 2018 is as follows:</font></div><div><br /></div><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 2019</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2020</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2021</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2022</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2023</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Subsequent</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">years</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 16%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">New Revolving Credit Facility</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">107,560</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">107,560</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 16%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Note Issuance Facility</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">128</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">102,908</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">102,350</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">102,350</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">307,736</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 16%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2017 Credit Facility</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,452</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,452</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 16%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2019 Notes</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">257,325</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">257,325</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td valign="bottom" style="width: 16%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">268,905</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">107,560</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">102,908</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">102,350</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">102,350</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">684,073</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify; margin-right: 0.1pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following table provides an overview of the concessional assets the Company owned as of December 31, 2018:</font></div><div style="text-align: justify; margin-right: 0.1pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><br /></font></div><table border="0" cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt; border-collapse: collapse;"><tr><td style="width: 16.51%; vertical-align: bottom;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Assets</font></div></td><td style="width: 13.04%; vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Type</font></div></td><td style="width: 10%; vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Ownership</font></div></td><td style="width: 9.28%; vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Location</font></div></td><td style="width: 10.3%; vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Currency<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(8)</sup></font></div></td><td style="width: 8.12%; vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Capacity</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> (Gross)</font></div></td><td style="width: 16.38%; vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Counterparty</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Credit Ratings<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(9)</sup></font></div></td><td style="width: 6.76%; vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">COD</font></div></td><td style="width: 9.62%; vertical-align: bottom;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Contract</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Years Left </font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(13)</sup></font></div></td></tr><tr><td style="width: 16.51%; vertical-align: top;"> </td><td style="width: 13.04%; vertical-align: middle;"> </td><td style="width: 10%; vertical-align: middle;"> </td><td style="width: 9.28%; vertical-align: middle;"> </td><td style="width: 10.3%; vertical-align: middle;"> </td><td style="width: 8.12%; vertical-align: middle;"> </td><td style="width: 16.38%; vertical-align: middle;"> </td><td style="width: 6.76%; vertical-align: middle;"> </td><td style="width: 9.62%; vertical-align: middle;"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Solana</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Class B<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Arizona (USA)</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">280 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A-/A2/A-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2013</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">25</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Mojave</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">California</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(USA)</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">280 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">D/WR/D</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2014</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">21</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Solaben 2 & 3</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">70%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Spain</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2x50 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A-/Baa1/A-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2012</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">19/18</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Solacor 1 & 2</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">87%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup></font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Spain</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2x50 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A-/Baa1/A-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2012</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">18/18</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">PS10/PS20</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Spain</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">31 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A-/Baa1/A-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2007&</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2009</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">13/15</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Helioenergy 1 & 2</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Spain</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2x50 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A-/Baa1/A-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2011</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">18/18</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Helios 1 & 2</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Spain</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2x50 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A-/Baa1/A-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2012</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">19/19</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Solnova 1, 3 & 4</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Spain</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">3x50 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A-/Baa1/A-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2010</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">16/16/17</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Solaben 1 & 6</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Spain</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2x50 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A-/Baa1/A-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2013</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">20/20</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Kaxu</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">51%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(4)</sup></font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">South Africa</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Rand</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">BB/Baa3/BB+<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"><font style="font-weight: bold;">(10)</font></sup></font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2015</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">16</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Palmatir</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Wind)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Uruguay</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">50 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">BBB/Baa2/BBB-<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"><font style="font-weight: bold;">(11)</font></sup></font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2014</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">15</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cadonal</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Wind)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Uruguay</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">50 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">BBB/Baa2/BBB-<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"><font style="font-weight: bold;">(11)</font></sup></font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2014</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">16</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">ACT</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Efficient natural gas</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Mexico</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">300 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">BBB+/ Baa3/BBB+</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2013</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">14</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">ATN <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(12)</sup></font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">line</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Peru</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">365 miles</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">BBB+/A3/BBB+</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2011</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">22</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: top; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">ATS</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">line</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Peru</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">569 miles</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">BBB+/A3/BBB+</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2014</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">25</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">ATN 2</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">line</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Peru</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">81 miles</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Not rated</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2015</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">14</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Quadra 1</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">line</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Chile</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">49 miles</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Not rated</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2014</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">16</font></div></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt; border-collapse: collapse;"><tr><td rowspan="1" style="width: 16.51%; vertical-align: middle;"> </td><td rowspan="1" style="width: 13.04%; vertical-align: middle;"> </td><td rowspan="1" style="width: 10%; vertical-align: middle;"> </td><td rowspan="1" style="width: 9.28%; vertical-align: middle;"> </td><td rowspan="1" style="width: 10.3%; vertical-align: middle;"> </td><td rowspan="1" style="width: 8.12%; vertical-align: middle;"> </td><td rowspan="1" style="width: 16.38%; vertical-align: middle;"> </td><td rowspan="1" style="width: 6.76%; vertical-align: middle;"> </td><td rowspan="1" style="width: 9.62%; vertical-align: middle;"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Quadra 2</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">line</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Chile</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">32 miles</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Not rated</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2014</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">16</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Palmucho</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">line</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Chile</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">6 miles</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">BBB+/Baa1/BBB+</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2007</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">19</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Chile TL3</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Transmission</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">line</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Chile</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">50 miles</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A+/A1/A</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">1993</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Regulated</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Skikda</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Water</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">34.2%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(5)</sup></font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Algeria</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">3.5 M</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">ft3/day</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Not rated</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2009</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">15</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Honaine</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Water</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">25.5%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(6)</sup></font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Algeria</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">7 M ft3/</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">day</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Not rated</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2012</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">19</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: top; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Seville PV</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Solar)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">80%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(7)</sup></font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Spain</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Euro</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">1 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A-/Baa1/A-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2006</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">17</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: top; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Melowind</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Wind)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Uruguay</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">50MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">BBB/Baa2/BBB-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2015</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">17</font></div></td></tr><tr><td style="width: 16.51%; vertical-align: top; background-color: rgb(255, 255, 255);"> </td><td style="width: 13.04%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 10%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.28%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 10.3%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 8.12%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 16.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 6.76%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td style="width: 9.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td></tr><tr><td style="width: 16.51%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Mini-Hydro</font></div></td><td style="width: 13.04%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable</font></div><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Hydraulic)</font></div></td><td style="width: 10%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">100%</font></div></td><td style="width: 9.28%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Peru</font></div></td><td style="width: 10.3%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">USD</font></div></td><td style="width: 8.12%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">4 MW</font></div></td><td style="width: 16.38%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">BBB+/A3/ BBB+-</font></div></td><td style="width: 6.76%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2012</font></div></td><td style="width: 9.62%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">14</font></div></td></tr></table><div style="text-align: left;"><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (1)</font></td><td style="text-align: left; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">On September 30, 2013, Liberty Interactive Corporation agreed to invest $300 million in Class A shares of ASO Holdings Company LLC, the holding company of Solana, in exchange for a share of the dividends and the taxable losses generated by Solana.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(2)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Itochu Corporation, a Japanese trading company, holds 30% of the shares in each of Solaben 2 and Solaben 3.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(3)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">JGC, a Japanese engineering company, holds 13% of the shares in each of Solacor 1 and Solacor 2.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(4)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Kaxu is owned by the Company (51%), Industrial Development Corporation of South Africa (29%) and Kaxu Community Trust (20%).</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(5)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Algerian Energy Company, SPA owns 49% of Skikda and Sacyr Agua, S.L. owns the remaining 16.83%.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(6)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Algerian Energy Company, SPA owns 49% of Honaine and Sacyr Agua, S.L. owns the remaining 25.5%.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(7)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Instituto para la Diversificación y Ahorro de la Energía (“Idae”), a Spanish state owned company, holds 20% of the shares in Seville PV.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(8)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Certain contracts denominated in U.S. dollars are payable in local currency.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(9)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Reflects the counterparty’s credit ratings issued by Standard & Poor’s Ratings Services, or S&P, Moody’s Investors Service Inc., or Moody’s, and Fitch Ratings Ltd, or Fitch.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(10)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Refers to the credit rating of the Republic of South Africa. The offtaker is Eskom, which is a state-owned utility company in South Africa.</font></div></td></tr></table><div style="text-align: justify;"><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(11)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Refers to the credit rating of Uruguay, as UTE (Administración Nacional de Usinas y Transmisoras Eléctricas) is unrated.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(12)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">Including the acquisition of ATN expansion 1.</font></div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 19.35pt; vertical-align: top;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(13)</font></td><td style="text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">As of December 31, 2018.</font></div></td></tr></table></div>
Algeria
Spain
Chile
Peru
Spain
California (USA)
Algeria
Spain
Spain
Arizona (USA)
Uruguay
Uruguay
Spain
South Africa
Spain
Chile
Mexico
Spain
Peru
Chile
Peru
Chile
Peru
Uruguay
Spain
Not rated
A-/Baa1/A-
A-/Baa1/A-
BBB+/A3/BBB+
Not rated
BBB+/A3/ BBB+-
BBB/Baa2/BBB-
BB/Baa3/BB+
Not rated
A-/Baa1/A-
A-/Baa1/A-
A-/Baa1/A-
BBB+/A3/BBB+
BBB/Baa2/BBB-
A-/Baa1/A-
A+/A1/A
A-/Baa1/A-
BBB+/ Baa3/BBB+
D/WR/D
A-/Baa1/A-
Not rated
A-/A2/A-
BBB+/Baa1/BBB+
Not rated
BBB/Baa2/BBB-
3x50 MW
2x50 MW
2x50 MW
50 MW
569 miles
3.5 M ft3/day
4 MW
31 MW
7 M ft3/day
300 MW
2x50 MW
50 MW
280 MW
49 miles
280 MW
32 miles
50MW
365 miles
81 miles
6 miles
1 MW
100 MW
2x50 MW
50 miles
2x50 MW
Class B
Renewable (Solar)
Renewable (Wind)
Renewable (Hydraulic)
Renewable (Solar)
Transmission line
Transmission line
Renewable (Solar)
Renewable (Solar)
Water
Renewable (Solar)
Renewable (Solar)
Water
Transmission line
Renewable (Solar)
Renewable (Wind)
Transmission line
Renewable (Solar)
Efficient natural gas
Renewable (Solar)
Transmission line
Transmission line
Renewable (Wind)
Renewable (Solar)
Transmission line
Renewable (Solar)
2012
2015
2014
2010
2012
2012
2014
2015
2014
2012
2013
2013
2011
2012
2014
2014
2007 & 2009
2014
2013
2011
1993
2006
2009
2007
2015
P17Y
P21Y
P16Y
P22Y
P19Y
P16Y
P18Y
P19Y
P19Y
P13Y
P14Y
P17Y
P20Y
P15Y
P16Y
P25Y
P19Y
P20Y
P17Y
P15Y
P18Y
P19Y
P18Y
P16Y
P16Y
P15Y
P25Y
P14Y
P18Y
P14Y
P18Y
P16Y
215000
300000
70000
2
0.7
1
1
0.81
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The variations for 2018 and 2017 of project debt have been the following:</font></div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Project debt -</font></div><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">long term</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Project debt -</font></div><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">short term</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Balance as of December 31, 2017</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">5.228.917</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">246.291</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">5.475.208</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increases</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">105,466</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">288,541</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">393,007</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Decreases</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(98,450</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(522,317</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(620,767</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">First time application of IFRS 9 (Note 2)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(39,599</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(39,599</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Debt refinancing IFRS 9 impact</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(36,642</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(36,642</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Change in the scope of the consolidated financial statements (Note 5)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">79,016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,346</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">81,362</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Currency translation differences</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(150,019</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(12,436</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(162,455</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 2px; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Reclassifications</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(262,030</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">262,030</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 4px; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Balance as of December 31, 2018</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">4,826,659</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">264,455</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">5,091,114</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;"> </td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Project debt -</font></div><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">long term</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Project debt -</font></div><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">short term</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 solid 2px;"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Balance as of December 31, 2016</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">4,629,184</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">701,283</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">5,330,467</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Increases</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">52,027</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">304,707</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">356,734</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Decreases</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(42,560</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(509,131</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(551,691</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Currency translation differences</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">316,646</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">23,052</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">339,698</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 2px; background-color: #CCEEFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Reclassifications</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">273,620</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(273,620</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 64%; padding-bottom: 4px; background-color: #FFFFFF;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Balance as of December 31, 2017</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">5,228,917</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">246,291</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">5,475,208</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The following table details the movement in Project debt for the year 2018, split between cash and non-cash items:</font></div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px; width: 42%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">January 1, 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Cash Flow</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Non-cash changes</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">December 31, 2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 42%; padding-bottom: 2px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Project debt</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">5,475,208</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">(579,598</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">)</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">195,504</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">5,091,114</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td></tr></table><div><font style="font-size: 10pt; font-family: 'Times New Roman';"></font></div></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The repayment schedule for Project debt in accordance with the financing arrangements, at the end of 2018 is as follows and is consistent with the projected cash flows of the related projects.</font></div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;"><tr><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2019</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2020</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2021</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2022</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2023</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Subsequent years</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;"> </td></tr><tr><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Interest</font></div><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Repayment</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Nominal</font></div><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">repayment</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;"> </td></tr><tr><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 11%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">21,916</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 11%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">242,538</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">257,012</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">268,625</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">299,840</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">326,413</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 10%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">3,674,770</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">5,091,114</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;"> </td></tr></table></div>
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The equivalent in U.S. dollars of the most significant foreign-currency-denominated debts held by the Company is as follows:</font></div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 90%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px; width: 66%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="6" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Balance as of December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; padding-bottom: 2px; width: 66%;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Currency</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; width: 1%;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 66%; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Euro</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,049,892</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">2,286,771</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 66%; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Algerian Dinar</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">29,545</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">35,093</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #FFFFFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 66%; padding-bottom: 2px; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Rand</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">384,915</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman';">456,179</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;"> </td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 66%; padding-bottom: 4px; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2,464,352</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"> </td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #FFFFFF;"><div><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">2,778,043</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #FFFFFF;"> </td></tr></table></div>
339698000
-162455000
-150019000
316646000
-12436000
23052000
98450000
620767000
42560000
551691000
509131000
522317000
393007000
105466000
52027000
288541000
304707000
356734000
81362000
79016000
2346000
273620000
0
-262030000
-273620000
0
262030000
39599000
0
39599000
-579598000
195504000
0
0
1
14403000
26587000
387000000
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">c)</font></td><td style="width: auto; text-align: justify; vertical-align: top;"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">The amount of depreciation, amortization and impairment charges recognized for the years ended December 31, 2018, 2017 and 2016 are as follows:</font></div></td></tr></table><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 44%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 44%; padding-bottom: 2px; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Depreciation, amortization and impairment by geography</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 44%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">North America</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(166,046</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(123,726</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(129,478</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 44%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">South America</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(42,368</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(40,880</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(62,387</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 44%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">EMEA</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(154,283</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(146,354</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(141,060</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 44%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(362,697</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(310,960</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(332,925</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">)</font></div></td></tr></table><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 80%; font-family: 'Times New Roman'; font-size: 10pt;"><tr><td valign="bottom" style="width: 44%; padding-bottom: 2px; vertical-align: middle;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="10" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">For the year ended December 31,</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 44%; padding-bottom: 2px; vertical-align: middle;"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Depreciation, amortization and impairment by business sectors</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2018</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2017</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom;"> </td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid;"><div style="text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2016</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom;"> </td></tr><tr><td valign="bottom" style="width: 44%; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Renewable energy</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(323,438</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(282,376</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(304,235</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td></tr><tr><td valign="bottom" style="width: 44%; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Electric transmission lines</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(28,925</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(28,584</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(28,690</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; background-color: rgb(255, 255, 255);">)</td></tr><tr><td valign="bottom" style="width: 44%; padding-bottom: 2px; vertical-align: middle; background-color: rgb(204, 238, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Efficient natural gas</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">(10,334</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 2px; border-bottom-style: solid; background-color: rgb(204, 238, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 2px; vertical-align: bottom; background-color: rgb(204, 238, 255);"> </td></tr><tr><td valign="bottom" style="width: 44%; padding-bottom: 4px; vertical-align: middle; background-color: rgb(255, 255, 255);"><div style="text-align: left; text-indent: -7.2pt; margin-left: 7.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(362,697</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(310,960</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">)</font></div></td><td colspan="1" valign="bottom" style="width: 1%; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 1%; text-align: left; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"> </td><td colspan="1" valign="bottom" style="width: 9%; text-align: right; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 4px; border-bottom-style: double; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(332,925</font></div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="width: 1%; text-align: left; padding-bottom: 4px; vertical-align: bottom; background-color: rgb(255, 255, 255);"><div><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">)</font></div></td></tr></table></div>
Myah Bahr Honaine, S.P.A., the project entity, is 51% owned by Geida Tlemcen, S.L. which is accounted for using the equity method in these consolidated financial statements. Share of profit of Myah Bahr Honaine S.P.A. included in these consolidated financial statements amounts to $5,659 thousand in 2018 and $6,238 thousand in 2017.
Certain contracts denominated in U.S. dollars are payable in local currency.
Includes proceeds for $72.6 million and investments for $4.6 million in 2018, and proceeds for $42.5 million and investments for $12.4 million in 2017 (see Note 6).
JGC, a Japanese engineering company, holds 13% of the shares in each of Solacor 1 and Solacor 2.
Kaxu is owned by the Company (51%), Industrial Development Corporation of South Africa (29%) and Kaxu Community Trust (20%).
Algerian Energy Company, SPA owns 49% of Skikda and Sacyr Agua, S.L. owns the remaining 16.83%.
Instituto para la Diversificacion y Ahorro de la Energia ("Idae"), a Spanish state owned company, holds 20% of the shares in Seville PV.
Itochu Corporation, a Japanese trading company, holds 30% of the shares in each of Solaben 2 and Solaben 3.
Algerian Energy Company, SPA owns 49% of Honaine and Sacyr Agua, S.L. owns the remaining 25.5%.
The expected credit losses provision only applies to the contracted concessional assets recorded as financial assets for an amount before provision of $936,004 thousand as of December 31, 2017 (see Note 6).
Reflects the counterparty's credit ratings issued by Standard & Poor's Ratings Services, or S&P, Moody's Investors Service Inc., or Moody's, and Fitch Ratings Ltd, or Fitch.
Refers to the credit rating of the Republic of South Africa. The offtaker is Eskom, which is a state-owned utility company in South Africa.
Refers to the credit rating of Uruguay, as UTE (Administracion Nacional de Usinas y Transmisoras Electricas) is unrated.
On September 30, 2013, Liberty Interactive Corporation agreed to invest $300 million in Class A shares of ASO Holdings Company LLC, the holding company of Solana, in exchange for a share of the dividends and the taxable losses generated by Solana.
Including the acquisition of ATN expansion 1.
As of December 31, 2018.