<SEC-DOCUMENT>0001157523-16-005196.txt : 20160425
<SEC-HEADER>0001157523-16-005196.hdr.sgml : 20160425
<ACCEPTANCE-DATETIME>20160425073258
ACCESSION NUMBER:		0001157523-16-005196
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20160425
FILED AS OF DATE:		20160425
DATE AS OF CHANGE:		20160425

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
		CENTRAL INDEX KEY:			0001520504
		STANDARD INDUSTRIAL CLASSIFICATION:	AIR TRANSPORTATION, SCHEDULED [4512]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36059
		FILM NUMBER:		161587889

	BUSINESS ADDRESS:	
		STREET 1:		AV. ANTONIO DOVAL? JAIME NO. 70
		STREET 2:		PISO 13
		CITY:			COL. ZEDEC SANTA FE
		STATE:			O5
		ZIP:			01210
		BUSINESS PHONE:		(52) 55-5261-6400

	MAIL ADDRESS:	
		STREET 1:		AV. ANTONIO DOVAL? JAIME NO. 70
		STREET 2:		PISO 13
		CITY:			COL. ZEDEC SANTA FE
		STATE:			O5
		ZIP:			01210
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>a51327019.htm
<DESCRIPTION>CONTROLADORA VUELA COMPA??A DE AVIACI?N, S.A.B. DE C.V. 6-K
<TEXT>
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<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold">UNITED STATES SECURITIES AND EXCHANGE COMMISSION</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Washington, D.C. 20549</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 12pt; FONT-SIZE: 12pt; FONT-WEIGHT: bold">FORM 6-K</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">REPORT OF FOREIGN PRIVATE ISSUER</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">PURSUANT TO RULE 13a-16 OR 15d-16 UNDER</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold">THE SECURITIES EXCHANGE ACT OF 1934</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold">For the month of April 2016</div>

<div style="TEXT-ALIGN: center; MARGIN-TOP: 12pt; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Commission File Number: 001-36059</div>

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<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 12pt; FONT-WEIGHT: bold">Controladora Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.B. de C.V.</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(Name of Registrant)</div>

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<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Av. Antonio Doval&#237; Jaime No. 70, 13 Floor, Tower B</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Colonia Zedec Santa Fe</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">United Mexican States, D.F. 01210</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">+(52) 55-5261-6400</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(Address of Principal Executive Offices)</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt">Indicate by check mark whether the registrant files or will file annual reports under cover of Form&#160;20-F or Form 40-F.</div>

<div style="TEXT-ALIGN: center; MARGIN-BOTTOM: 12pt"><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Form 20-F </font><font style="FONT-FAMILY: 'Wingdings 2'; FONT-SIZE: 10pt">Q</font><font style="FONT-SIZE: 5.14pt" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Form 40-F <font style="FONT-FAMILY: 'Wingdings 2'; FONT-SIZE: 10pt">&#163;</font></font></div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):</div>

<div style="TEXT-ALIGN: center; MARGIN-BOTTOM: 12pt"><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Yes </font><font style="FONT-FAMILY: 'Wingdings 2'; FONT-SIZE: 10pt">&#163;</font><font style="FONT-SIZE: 5.14pt" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">No&#160;<font style="FONT-FAMILY: 'Wingdings 2'; FONT-SIZE: 10pt">Q</font></font></div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):</div>

<div style="TEXT-ALIGN: center; MARGIN-BOTTOM: 12pt"><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Yes </font><font style="FONT-FAMILY: 'Wingdings 2'; FONT-SIZE: 10pt">&#163;</font><font style="FONT-SIZE: 5.14pt" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">No&#160;<font style="FONT-FAMILY: 'Wingdings 2'; FONT-SIZE: 10pt">Q</font></font></div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt">Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.</div>

<div style="TEXT-ALIGN: center; MARGIN-BOTTOM: 12pt"><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Yes </font><font style="FONT-FAMILY: 'Wingdings 2'; FONT-SIZE: 10pt">&#163;</font><font style="FONT-SIZE: 5.14pt" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">No&#160;<font style="FONT-FAMILY: 'Wingdings 2'; FONT-SIZE: 10pt">Q</font></font></div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt">If &#8220;Yes&#8221; is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- __________</div>

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<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">SIGNATURES</div>

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<div style="TEXT-ALIGN: left; MARGIN-TOP: 5pt; TEXT-INDENT: 36pt; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 5pt; FONT-SIZE: 10pt">Pursuant to the requirements of the Securities Exchange Act of 1934, Controladora Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.B. de C.V. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</div>

<div style="MARGIN-BOTTOM: 12pt">&#160;</div>

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<td valign="top" colspan="2"><strong>Controladora Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.B. de C.V.</strong></td>
<td style="WIDTH: 12%" valign="top">&#160;</td>
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<td style="WIDTH: 48%" valign="top">&#160;</td>
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<td style="WIDTH: 35%" valign="top">&#160;</td>
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">Date: April 25, 2016</div>
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">By: </div>
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<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 35%" valign="top" nowrap="nowrap" align="left">/s/&#160;Fernando Su&#225;rez</td>
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<td style="WIDTH: 48%" valign="top">&#160;</td>
<td style="WIDTH: 5%" valign="top">Name: </td>
<td style="WIDTH: 35%" valign="bottom" nowrap="nowrap" align="left">Fernando Su&#225;rez</td>
<td style="WIDTH: 12%" valign="top">&#160;</td>
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<td style="WIDTH: 48%" valign="top">&#160;</td>
<td style="WIDTH: 5%" valign="top">Title:</td>
<td style="WIDTH: 35%" valign="top">Chief Financial Officer</td>
<td style="WIDTH: 12%" valign="top">&#160;</td>
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<tr>
<td style="WIDTH: 48%" valign="top">&#160;</td>
<td style="WIDTH: 5%" valign="top">&#160;</td>
<td style="WIDTH: 35%" valign="top">&#160;</td>
<td style="WIDTH: 12%" valign="top">&#160;</td>
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">By: </div>
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<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 35%" valign="top" nowrap="nowrap" align="left">/s/&#160;Jaime Pous</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 12%" valign="top">&#160;</td>
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<td style="WIDTH: 48%" valign="top">&#160;</td>
<td style="WIDTH: 5%" valign="top">Name: </td>
<td style="WIDTH: 35%" valign="bottom" nowrap="nowrap" align="left">Jaime Pous</td>
<td style="WIDTH: 12%" valign="top">&#160;</td>
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<td style="WIDTH: 48%" valign="top">&#160;</td>
<td style="WIDTH: 5%" valign="top">Title:</td>
<td style="WIDTH: 35%" valign="top">General Counsel</td>
<td style="WIDTH: 12%" valign="top">&#160;</td>
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<td style="WIDTH: 48%" valign="top">&#160;</td>
<td style="WIDTH: 5%" valign="top">&#160;</td>
<td style="WIDTH: 35%" valign="top">&#160;</td>
<td style="WIDTH: 12%" valign="top">&#160;</td>
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<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">EXHIBIT INDEX</div>

<div style="TEXT-ALIGN: left; MARGIN-TOP: 9pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The following exhibit is filed as part of this Form 6-K:</div>

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<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Exhibit</div>

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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Description</div>

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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">99.43</div>
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<td style="WIDTH: 5%; VERTICAL-ALIGN: bottom">&#160;</td>
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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">First quarter 2016 financial statements and press release dated April 25, 2016.</div>
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<DOCUMENT>
<TYPE>EX-99.43
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<FILENAME>a51327019ex99_43.htm
<DESCRIPTION>EXHIBIT 99.43
<TEXT>
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<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Exhibit 99.43</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CONTROLADORA VUELA COMPA<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#209;</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#205;</font>A DE AVIACION,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">S.A.B. DE C.V.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;Unaudited Interim Condensed Consolidated Statement </div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">of Financial Position At March 31, 2016 and December 31, 2015</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">
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<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
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<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
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<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker:&#160;&#160;&#160;&#160;&#160;&#160;&#160;VOLAR / VLRS</div>
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<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1&#160;</td>
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;&#160;&#160;&#160;Year:&#160;&#160;&#160;&#160;2016</div>
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<div style="TEXT-ALIGN: left">&#160;</div>
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<div style="TEXT-ALIGN: left">
<div style="TEXT-ALIGN: left">
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<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 85.67%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6.31%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2016</div>
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<td style="PADDING-BOTTOM: 2px; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Statement of financial position </div>
</td>
<td style="WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6.31%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6.31%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Assets</div>
</td>
<td style="WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6.31%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6.31%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Current assets</div>
</td>
<td style="WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6.31%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6.31%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Cash and cash equivalents</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">6,366,180</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">5,157,313</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Accounts&#160;receivable</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">469,613,</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">263,022</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Recoverable taxes</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">124,728</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">201,394</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other current financial assets</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">38,788</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">10,123</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Inventories</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">170,650</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">163,073</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current biological assets</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other current&#160;non-financial assets</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,547,896</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,446,512</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total current assets</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">8,717,855</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">7,241,437</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Non-current assets</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Trade and other non-current receivables</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current tax assets, non-current</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current inventories</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current biological assets</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other non-current financial assets</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">294,071</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">68,602</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Investments accounted for using equity method</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Investments in subsidiaries, joint ventures and associates</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Rotable spare parts, furniture and equipment</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,187,213</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,549,650</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Investment property</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Goodwill</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Intangible assets </div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">97,108</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">94,649</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Deferred income taxes</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">545,939</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">544,598</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other non-current&#160;non-financial assets</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">4,762,214</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">4,762,029</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total non-current assets</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">7,886,545</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">8,019,528</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total assets</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">16,604,400</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">15,260,965</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Equity and liabilities</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Liabilities</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Current liabilities</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Suppliers&#160;and other current payables</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">4,744,183</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">3,859,390</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Income tax payable</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">280,723</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">337,997</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other current financial liabilities</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">890,051</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,415,503</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other current&#160;non-financial liabilities</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,802,311</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,471,273</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Employee benefits</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other current liabilities</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">21,959</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">18,670</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total current liabilities</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">7,739,227</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">7,102,833</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Non-current liabilities</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 85.67%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other non-current&#160;financial liabilities</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">257,610</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 5.88%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">231,290</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.43%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div>
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CONTROLADORA VUELA COMPA<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#209;</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#205;</font>A DE AVIACION,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">S.A.B. DE C.V.</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Unaudited Interim Condensed Consolidated Statement </div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">of Financial Position At March 31, 2016 and December 31, 2015</div>
</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="3ecdb71fc4bb4525b39757879e6f5c36" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year:&#160;&#160; 2016</div>
</td>
</tr>
</table>
</div>

<div>&#160;</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="03a3fa3ae77d4641b0a71a8c212ae626" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 76%" valign="bottom">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; WIDTH: 10%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2016</div>
</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; WIDTH: 1%" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; WIDTH: 10%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2015</div>
</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; WIDTH: 1%" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="08d385a3a5a2443e92d6f04c13320d3d" cellspacing="0" cellpadding="0">
<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other non-current non-financial liabilities</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">158,462</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">157,331</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Employee benefits</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">10,838</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">10,056</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other non-current provisions</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">60,766</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">49,131</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total non-current provisions</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">71,604</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">59,187</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Deferred income taxes</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">893,565</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">885,493</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total non-current liabilities</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,381,241</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,333,301</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total liabilities</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">9,120,468</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">8,436,134</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Equity</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Capital stock</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,973,559</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,973,559</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Additional paid in capital </div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,791,530</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,791,040</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Treasury shares</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">91,328</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">91,328</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Retained earnings</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">3,009,887</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,408,087</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other reserves</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-199,716</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-256,527</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total equity attributable to owners of parent</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">7,483,932</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">6,824,831</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-controlling interests</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total equity</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">7,483,932</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">6,824,831</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total equity and liabilities</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">16,604,400</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">15,260,965</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: left">&#160;</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div>
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" id="2170914cc82649a6a1c3160f53cf4481" border="0" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 3%">
<div>(1)</div>
</td>
<td style="WIDTH: 97%">
<div>The derivative financial instruments are presented as part of the current Financial Assets.</div>
</td>
</tr>

<tr>
<td style="WIDTH: 3%">
<div>(2)</div>
</td>
<td style="WIDTH: 97%">
<div>Other current financial assets includes prepaid expenses and other Current Assets and Guarantee Deposits. </div>
</td>
</tr>

<tr>
<td style="WIDTH: 3%">
<div>(3)</div>
</td>
<td style="WIDTH: 97%">
<div>Other non current financial assets includes Derivative Financial Assets.</div>
</td>
</tr>

<tr>
<td style="WIDTH: 3%">
<div>(4)</div>
</td>
<td style="WIDTH: 97%">
<div>Other non current non financial assets includes Guarantee Deposits and Other Assets. </div>
</td>
</tr>

<tr>
<td style="WIDTH: 3%">
<div>(5)</div>
</td>
<td style="WIDTH: 97%">
<div>Suppliers and Other Current Payable includes Suppliers, Related Parties, Unearned Transportation Revenue and Other taxes and fees payable. </div>
</td>
</tr>

<tr>
<td style="WIDTH: 3%">
<div>(6)</div>
</td>
<td style="WIDTH: 97%">
<div>Other Current Financial Liabilities includes Financial Debt and Derivative Financial Instruments. </div>
</td>
</tr>

<tr>
<td style="WIDTH: 3%">
<div>(7)</div>
</td>
<td style="WIDTH: 97%">
<div>Other current non financial liabilities includes accrued liabilities.</div>
</td>
</tr>

<tr>
<td style="WIDTH: 3%">
<div>(8)</div>
</td>
<td style="WIDTH: 97%">
<div>Other current liabilities includes other liabilities. </div>
</td>
</tr>

<tr>
<td style="WIDTH: 3%">
<div>(9)</div>
</td>
<td style="WIDTH: 97%">
<div>Other non current financial liabilities includes financial debt and derivative financial instruments. </div>
</td>
</tr>

<tr>
<td style="WIDTH: 3%">
<div>(10)</div>
</td>
<td style="WIDTH: 97%">
<div>Other non-current non financial liabilities includes accrued liabilities. </div>
</td>
</tr>

<tr>
<td style="WIDTH: 3%">(11)&#160;</td>
<td style="WIDTH: 97%">Other non-current provisions includes other liabilities. &#160;</td>
</tr>

<tr>
<td style="WIDTH: 3%">(12)&#160;</td>
<td style="WIDTH: 97%">Other reserves includes legal reserve, contribution for future capital and accumulated other comprehensive losses. &#160;</td>
</tr>
</table>
</div>

<div><br>
<br>
 &#160;</div>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CONTROLADORA VUELA COMPA<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#209;</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#205;</font>A DE AVIACION,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">S.A.B. DE C.V.</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">Unaudited Interim Condensed Consolidated Statements of </div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">Operations&#160;For The Three Months ended March 31, 2016 and 2015</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="8d3f3e0837ec48e5bd7aee10e90ef17b" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year:&#160;&#160;&#160; 2016</div>
</td>
</tr>
</table>
</div>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="6d4cace8133643b3b3c157c463b3eefc" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">&#160;</div>
</td>
<td style="PADDING-BOTTOM: 2px; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Profit or loss</div>
</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Profit (loss)</div>
</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Operating revenues</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">5,181,850</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">3,768,230</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Cost of sales</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Gross profit</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">5,181,850</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">3,768,230</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Sales, marketing and distribution expenses</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">295,013</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">215,567</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other income</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">195,372</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">23,427</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other expenses</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">4,246,601</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">3,229,986</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Profit (loss) from operating activities</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">835,608</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">346,104</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Finance income</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">43,740</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">95,524</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Finance costs</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">7,175</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">4,289</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Share of profit (loss) of associates and joint ventures accounted for using equity method</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Income before income tax</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">872,173</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">437,339</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Income tax expense</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">270,373</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">130,955</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Income&#160;(loss) from continuing operations</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">601,800</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">306,384</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Income&#160;(loss) from discontinued operations</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net income</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">601,800</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">306,384</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Net income, attributable to</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net income, attributable to owners of parent</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">601,800</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">306,384</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net income, attributable to non-controlling interests</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Earnings per share </div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Earnings per share</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Earnings per share</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Basic earnings per share</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Basic earnings (loss) per share from continuing operations</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0.59</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0.3</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Basic earnings (loss) per share from discontinued operations</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total basic earnings (loss) per share</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0.59</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0.3</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Diluted earnings per share</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Diluted earnings (loss) per share from continuing operations</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0.59</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0.3</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Diluted earnings (loss) per share from discontinued operations</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76.04%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total diluted earnings (loss) per share</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0.59</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 8.98%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0.3</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 0.96%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CONTROLADORA VUELA COMPA<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#209;</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#205;</font>A DE AVIACION,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">S.A.B. DE C.V.</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">Unaudited Interim Condensed&#160;Consolidated Statement of </div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">comprehensive income, OCI components presented net of tax </div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">For the three months ended March 31, 2016 and 2015.</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="d0e670134d0745a0a9254d1449d7760b" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year:&#160;&#160;&#160; 2016</div>
</td>
</tr>
</table>
</div>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left">
<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="93e82bb7ab5349329241bc7fdb983483" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">&#160;</div>
</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2016</div>
</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2015</div>
</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Statement of comprehensive income </div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Profit (loss)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">601,800</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">306,384</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Other comprehensive income </div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Components of other comprehensive income that will not be reclassified to profit or loss, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other comprehensive income, net of tax, gains (losses) from investments in equity instruments</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other comprehensive income, net of tax, gains (losses) on revaluation</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other comprehensive income, net of tax, gains (losses) on remeasurements of defined benefit plans</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other comprehensive income, net of tax, change in fair value of financial liability attributable to change in credit risk of liability</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other comprehensive income, net of tax, gains (losses) on hedging instruments that hedge investments in equity instruments</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Share of other comprehensive income of associates and joint ventures accounted for using equity method that will not be reclassified to profit or loss, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total other comprehensive income that will not be reclassified to profit or loss, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Components of other comprehensive income that will be reclassified to profit or loss, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Exchange differences on translation</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Gains (losses) on exchange differences on translation, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reclassification adjustments on exchange differences on translation, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other comprehensive income, net of tax, exchange differences on translation</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Available-for-sale financial assets</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Gains (losses) on remeasuring available-for-sale financial assets, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reclassification adjustments on available-for-sale financial assets, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other comprehensive income, net of tax, available-for-sale financial assets</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Cash flow hedges</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Gains (losses) on cash flow hedges, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">6,423</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-35,820</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reclassification adjustments on cash flow hedges, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Amounts removed from equity and included in carrying amount of non-financial asset (liability) whose acquisition or incurrence was hedged highly probable forecast transaction, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other comprehensive income, net of tax, cash flow hedges</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">6,423</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-35,820</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Hedges of net investment in foreign operations</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Gains (losses) on hedges of net investments in foreign operations, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reclassification adjustments on hedges of net investments in foreign operations, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other comprehensive income, net of tax, hedges of net investments in foreign operations</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Change in value of time value of options</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Gains (losses) on change in value of time value of options, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">50,388</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">64,264</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="#cceeff">
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reclassification adjustments on change in value of time value of options, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other comprehensive income, net of tax, change in value of time value of options</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">50,388</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">64,264</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Change in value of forward elements of forward contracts</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Gains (losses) on change in value of forward elements of forward contracts, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reclassification adjustments on change in value of forward elements of forward contracts, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other comprehensive income, net of tax, change in value of forward elements of forward contracts</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Change in value of foreign currency basis spreads</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Gains (losses) on change in value of foreign currency basis spreads, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reclassification adjustments on change in value of foreign currency basis spreads, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other comprehensive income, net of tax, change in value of foreign currency basis spreads</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div>&#160;</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div>&#160;</div>

<div>
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CONTROLADORA VUELA COMPA<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#209;</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#205;</font>A DE AVIACION,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">S.A.B. DE C.V.</div>
</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Unaudited Interim Condensed Consolidated Statement </div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">of Comprehensive Income, OCI components presented net of tax</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">For the three months ended March 31, 2016 and 2015</div>
</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="acb180e2d2fb45a19a870d96b740cc85" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year:&#160;&#160;&#160;&#160; 2016</div>
</td>
</tr>
</table>
</div>
</div>

<div>&#160;</div>

<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="a5f906244f4c40fb922d3c46cb1194db" cellspacing="0" cellpadding="0">
<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Share of other comprehensive income of associates and joint ventures accounted for using equity method that will be reclassified to profit or loss, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total other comprehensive income that will be reclassified to profit or loss, net of tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">56,811</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">28,444</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total other comprehensive income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">56,811</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">28,444</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total comprehensive income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">658,611</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">334,828</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Comprehensive income attributable to</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Comprehensive income, attributable to owners of parent</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">658,611</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">334,828</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Comprehensive income, attributable to non-controlling interests</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
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</div>
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CONTROLADORA VUELA COMPA<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#209;</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#205;</font>A DE AVIACION,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">S.A.B. DE C.V.</div>
</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">Unaudited Interim Condensed Consolidated</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">Statement of cash flows, indirect method</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">For the three months ended March 31, 2016 and 2015</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="4439bfd6617f45628fd05816b6e6745e" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year:&#160;&#160;&#160;&#160; 2016</div>
</td>
</tr>
</table>
</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left">
<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="6dbfbf815ec6437588c9ac257ea3a6e4" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">&#160;</div>
</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2016</div>
</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2015</div>
</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Statement of cash flows</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Operating activities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">601,800</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">306,384</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Adjustments to reconcile profit (loss)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Discontinued operations</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Adjustments for income tax expense</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">270,373</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">130,955</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Adjustments for finance costs</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">132,990</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-86,829</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Adjustments for depreciation and amortization expense</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">119,920</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">103,169</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Adjustments for impairment loss (reversal of impairment loss) recognised in profit or loss</div>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Adjustments for provisions</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Adjustments for unrealised foreign exchange losses (gains)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Adjustments for&#160;Management incentive and long-term incentive plan</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">490</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,160</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Adjustments for fair value losses (gains)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Adjustments for undistributed profits of associates</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Adjustments for losses (gains) on disposal of rotable spare parts, furniture and equipment and gain on sale of aircraft</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-194,371</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-19,972</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Participation in associates and joint ventures</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Adjustments for decrease (increase) in inventories</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-7,577</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,953</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Adjustments for decrease (increase) in trade accounts receivable</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-71,465</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-41,537</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Adjustments for decrease (increase) in other operating receivables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-55.412</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">764,706</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Adjustments for increase (decrease) in suppliers</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-53,925</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-239,946</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Adjustments for increase (decrease) in other operating payables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">332,482</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">391,417</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other adjustments for non-cash items</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-15,605</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-5,320</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other adjustments for which cash effects are investing or financing cash flow</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Straight-line rent adjustment</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Amortization of lease fees</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Setting property values</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other adjustments to reconcile Net income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">545,136</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">244,202</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total adjustments to reconcile Net income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,003,036</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">643,958</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net cash flows from (used in) operations</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,604,836</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">950,342</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Dividends paid</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Dividends received</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Interest paid</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Interest received</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">34,342</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">9,191</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Income taxes refund (paid)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">310,365</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">10,169</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other inflows (outflows) of cash</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net cash flows&#160;provided by&#160;operating activities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,328,813</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">949,364</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Investing activities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Cash flows from losing control of subsidiaries or other businesses</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Cash flows used in obtaining control of subsidiaries or other businesses</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other cash receipts from sales of equity or debt instruments of other entities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other cash payments to acquire equity or debt instruments of other entities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other cash receipts from sales of interests in joint ventures</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other cash payments to acquire interests in joint ventures</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Proceeds from sales of rotable spare parts, furniture and equipment</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">642,776</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">157,104</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Acquisitions of rotable spare parts, furniture and equipment</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">196,802</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">202,537</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Proceeds from sales of intangible assets</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Acquisitions&#160;of intangible assets</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">10,606</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">5,113</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Proceeds from sales of other long-term assets</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div>&#160;</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" id="193b9b5e27cf4090a5362919667ae2f9" border="0" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 3%">
<div>(1)</div>
</td>
<td style="WIDTH: 97%">
<div>Adjustments for increase (decrease) in other operting payable includes taxes payable.</div>
</td>
</tr>

<tr>
<td style="TEXT-ALIGN: left; WIDTH: 3%; VERTICAL-ALIGN: top">
<div>(2)</div>
</td>
<td style="WIDTH: 97%">
<div>Other adjustments to reconcile Net income includes changes in operating assets and liabilities related to Derivative financial instruments, Prepaid expenses, other assets, Guarantee deposits, Accrued liabilities, Unearned transportation revenue and other liabilities.</div>
</td>
</tr>
</table>
</div>

<div></div>

<div>
<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CONTROLADORA VUELA COMPA<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#209;</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#205;</font>A DE AVIACION,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">S.A.B. DE C.V.</div>
</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">Unaudited Interim Condensed</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">Statement of cash flows, indirect method</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">For the three months ended March 31, 2016 and 2015</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="c129eb5d133a4eb698ed32d781d4e49a" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year:&#160;&#160;&#160;&#160; 2016</div>
</td>
</tr>
</table>
</div>
</div>

<div>&#160;</div>

<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="2039204b2a5a46ca9e58c62ea0485ece" cellspacing="0" cellpadding="0">
<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Purchase of other long-term assets</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Proceeds from government grants</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Cash advances and loans made to other parties</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Cash receipts from repayment of advances and loans made to other parties</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Cash payments for future contracts, forward contracts, option contracts and swap contracts</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Cash receipts from future contracts, forward contracts, option contracts and swap contracts</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Dividends received</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Interest paid</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Interest received</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Income taxes refund (paid)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other inflows (outflows) of cash</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net cash flows&#160;provided by&#160;(used in) investing activities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">435,368</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-50,546</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Financing activities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Proceeds from changes in ownership interests in subsidiaries that do not result in loss of control</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Payments from changes in ownership interests in subsidiaries that do not result in loss of control</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Proceeds from issuing shares</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Proceeds from issuing other equity instruments</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Payments to acquire or redeem entity's shares</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Payments of other equity instruments</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Proceeds from financial debt</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">34,981</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">121,012</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Payments of financial debt</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">570,155</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">149,034</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Payments of finance lease liabilities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Proceeds from government grants</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Dividends paid</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Interest paid</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">13,356</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">8,721</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Income taxes refund (paid)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other inflows (outflows) of cash</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net cash flows used in financing activities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-548,530</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-36,743</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net increase (decrease) in cash and cash equivalents before effect of foreign exchange</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,215,651</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">862,075</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Effect of&#160;foreign exchange&#160;on cash and cash equivalents</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net foreign exchange differences on cash balance</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-6,784</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">28,918</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net increase (decrease) in cash and cash equivalents</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,208,867</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">890,993</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Cash and cash equivalents at beginning of period</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">5,157,313</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,264,857</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Cash and cash equivalents at end of period</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">6,366,180</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">3,155,850</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CONTROLADORA VUELA COMPA<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#209;</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#205;</font>A DE </font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">AVIACION,</font></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">S.A.B. DE C.V.</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Unaudited Interim Condensed</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Consolidated Statement of changes in equity -</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">For the three months ended March 31, 2016</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="1fb427de69424d728c2606b4fbc0671c" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year:&#160;&#160;&#160;&#160;&#160; 2016</div>
</td>
</tr>
</table>
</div>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="af0ca6d5d1574069bb5cd03ea9d9158a" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 28%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
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<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr>
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>
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<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Additional</div>

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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">capital</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>
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<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Treasury shares</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>
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<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Retained earnings</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">(Accumulated</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Losses)</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>
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<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Revaluation surplus</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>
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<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of exchange differences on translation</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of cash flow hedges</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>
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<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of gains and losses on hedging instruments that hedge investments in equity instruments</div>
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<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of change in value of time value of options</div>
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<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr>
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Retrospective application and retrospective restatement</div>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr>
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Statement of changes in equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Equity at beginning of period</div>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">2,973,559</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">1,791,040</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">91,328</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">2,408,087</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="white">
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Changes in equity</div>
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<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Comprehensive income</div>
</td>
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<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Net income</div>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">601,800</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Other comprehensive income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Total comprehensive income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">601,800</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Issue of equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Dividends recognised as distributions to owners</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Increase through other contributions by owners, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Decrease through other distributions to owners, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Increase (decrease) through other changes, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Increase (decrease) through treasury share transactions, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Increase (decrease) through share-based payment transactions, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">490</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="#cceeff">
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of cash flow hedges and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of change in value of time value of options and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of change in value of forward elements of forward contracts and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of change in value of foreign currency basis spreads and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Total increase (decrease) in equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">490</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">601,800</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Equity at end of period</div>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">2,973,559</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">1,791,530</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">91,328</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">3,009,887</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
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</div>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="466a0d61afa94bdb8f7011cb384a92aa" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year:&#160;&#160;&#160;&#160;&#160; 2016</div>
</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="c6d6cfdec3584bc98a537ee4f3c68c4f" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 28%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="WIDTH: 70%" valign="bottom" colspan="34">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Components of equity</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 28%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160; </td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of change in value of forward elements of forward contracts</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of change in value of foreign currency basis spreads</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of gains and losses on remeasuring available-for-sale financial assets</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of share-based payments</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of remeasurements of defined benefit plans</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Amount recognised in other comprehensive income and accumulated in equity relating to non-current assets or disposal groups held for sale</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of gains and losses from investments in equity instruments</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of change in fair value of financial liability attributable to change in credit risk of liability</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve for catastrophe</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Retrospective application and retrospective restatement</div>
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Statement of changes in equity</div>
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Equity at beginning of period</div>
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Comprehensive income</div>
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<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Profit (loss)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Other comprehensive income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Total comprehensive income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Issue of equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Dividends recognised as distributions to owners</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Increase through other contributions by owners, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Decrease through other distributions to owners, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Increase (decrease) through other changes, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Increase (decrease) through treasury share transactions, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity</div>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Increase (decrease) through share-based payment transactions, equity</div>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of cash flow hedges and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of change in value of time value of options and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of change in value of forward elements of forward contracts and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of change in value of foreign currency basis spreads and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Total increase (decrease) in equity</div>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Equity at end of period</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<td style="WIDTH: 33%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="WIDTH: 65%" valign="bottom" colspan="26">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Components of equity</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 33%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="top">&#160; </td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 8%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve for equalization</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
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<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 8%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of discretionary participation features</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 8%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Other comprehensive income</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 7%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Other reserves</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 8%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Equity attributable to owners of parent</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 7%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Non-controlling interests</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 7%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Total </div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">equity</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Retrospective application and retrospective restatement</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="WIDTH: 8%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="WIDTH: 8%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="WIDTH: 8%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="WIDTH: 7%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="WIDTH: 8%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="WIDTH: 7%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="WIDTH: 7%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Statement of changes in equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="WIDTH: 8%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="WIDTH: 8%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="WIDTH: 8%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="WIDTH: 7%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="WIDTH: 8%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="WIDTH: 7%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="WIDTH: 7%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Equity at beginning of period</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">-256,527</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">-256,527</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">6,824,831</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">6,824,831</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Changes in equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Comprehensive income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Profit (loss)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">601,800</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">601,800</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Other comprehensive income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">56,811</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">56,811</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">56,811</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">56,811</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Total comprehensive income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">56,811</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">56,811</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">658,611</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">658,611</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Issue of equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Dividends recognized as distributions to owners</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Increase through other contributions by owners, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Decrease through other distributions to owners, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Increase (decrease) through other changes, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Increase (decrease) through treasury share transactions, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Increase (decrease) through share-based payment transactions, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">490</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">490</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="#cceeff">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of cash flow hedges and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of change in value of time value of options and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of change in value of forward elements of forward contracts and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of change in value of foreign currency basis spreads and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Total increase (decrease) in equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">56,811</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">56,811</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">659,101</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">659,101</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 33%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 9pt; MARGIN-RIGHT: 0pt">Equity at end of period</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">-199,716</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">-199,716</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">7,483,932</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom">7,483,932</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 9pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" id="b1aecfbcdafb4b2e9bc3678fdbf90642" border="0" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 3%">
<div>(1)</div>
</td>
<td style="WIDTH: 97%">
<div>The remeasurement of employee benefits and cash flow hedges are presented as part of the components of equity and other reserves.</div>
</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
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</div>
</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CONTROLADORA VUELA COMPA<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#209;</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#205;</font>A DE </font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">AVIACION,</font></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">S.A.B. DE C.V.</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">Unaudited Interim Condensed</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">Consolidated Statement of changes in equity - </div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">For the three months ended March 31, 2015</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="ee2f498f19b24e30b11300a503a25010" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year:&#160;&#160;&#160;&#160; 2016</div>
</td>
</tr>
</table>
</div>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="8f0fe5d21e0c4f2e9336ec9dbc66181c" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 28%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="WIDTH: 70%" valign="bottom" colspan="34">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Components of equity</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 28%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">&#160;</div>
</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Capital stock</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Additional paid-in </div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">capital</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Treasury shares </div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Retained earnings </div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Revaluation surplus </div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of exchange differences on translation </div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of cash flow hedges </div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of gains and losses on hedging instruments that hedge investments in equity instruments </div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of change in value of time value of options </div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Retrospective application and retrospective restatement</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Statement of changes in equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
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<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
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<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
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<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Equity at beginning of period</div>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">2,973,559</td>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">1,786,790</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">114,789</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">-55,783</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Changes in equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Comprehensive income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Net income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">306,384</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Other comprehensive income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Total comprehensive income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">306,384</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Issue of equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Dividends recognized as distributions to owners</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Increase through other contributions by owners, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Decrease through other distributions to owners, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Increase (decrease) through other changes, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Increase (decrease) through treasury share transactions, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Increase (decrease) through share-based payment transactions, equity</div>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">1,160</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of cash flow hedges and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of change in value of time value of options and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of change in value of forward elements of forward contracts and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of change in value of foreign currency basis spreads and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Total increase (decrease) in equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">1,160</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">306,384</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Equity at end of period</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">2,973,559</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">1,787,950</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">114,789</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">250,601</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
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</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="6e4a551256b64be292c71c0fb4f275ac" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 28%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160; </td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="WIDTH: 70%" valign="bottom" colspan="34">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Components of equity</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 28%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="top">&#160; </td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of change in value of forward elements of forward contracts </div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of change in value of foreign currency basis spreads </div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of gains and losses on remeasuring available-for-sale financial assets </div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of share-based payments </div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of remeasurements of defined benefit plans </div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Amount recognised in other comprehensive income and accumulated in equity relating to non-current assets or disposal groups held for sale </div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of gains and losses from investments in equity instruments </div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of change in fair value of financial liability attributable to change in credit risk of liability </div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 6%" valign="top" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve for catastrophe </div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Retrospective application and retrospective restatement</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Statement of changes in equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="WIDTH: 6%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Equity at beginning of period</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Changes in equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Comprehensive income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Profit (loss)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Other comprehensive income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Total comprehensive income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Issue of equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Dividends recognized as distributions to owners</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Increase through other contributions by owners, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Decrease through other distributions to owners, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Increase (decrease) through other changes, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Increase (decrease) through treasury share transactions, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Increase (decrease) through share-based payment transactions, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of cash flow hedges and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of change in value of time value of options and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of change in value of forward elements of forward contracts and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of change in value of foreign currency basis spreads and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Total increase (decrease) in equity</div>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 8pt; MARGIN-RIGHT: 0pt">Equity at end of period</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 5%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
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<div style="TEXT-ALIGN: left">
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<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
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<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 32%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top">&#160; </td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
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<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Reserve of discretionary participation features</div>
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<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Other comprehensive income</div>
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<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Other reserves</div>
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<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Equity attributable to owners of parent</div>
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<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="top" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
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<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="top">&#160;</td>
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Total </div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">equity</div>
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<td style="WIDTH: 8%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 8%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 8%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 7%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 8%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 8%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 7%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr>
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Statement of changes in equity</div>
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<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 8%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 8%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 8%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 7%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 8%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 8%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 7%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="#cceeff">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Equity at beginning of period</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-119,997</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-119,997</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">4,469,780</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">4,469,780</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Changes in equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Comprehensive income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">306,384</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">306,384</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other comprehensive income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">28,444</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">28,444</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">28,444</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">28,444</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total comprehensive income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">28,444</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">28,444</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">334,828</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">334,828</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Issue of equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Dividends recognised as distributions to owners</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Increase through other contributions by owners, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Decrease through other distributions to owners, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Increase (decrease) through other changes, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Increase (decrease) through treasury share transactions, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Increase (decrease) through share-based payment transactions, equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,160</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,160</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr bgcolor="#cceeff">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of cash flow hedges and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of change in value of time value of options and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of change in value of forward elements of forward contracts and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Amount removed from reserve of change in value of foreign currency basis spreads and included in initial cost or other carrying amount of non-financial asset (liability) or firm commitment for which fair value hedge accounting is applied</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total increase (decrease) in equity</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">28,444</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">28,444</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">335,988</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">335,988</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 32%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Equity at end of period</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-91,553</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-91,553</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">4,805,768</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 7%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 6%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">4,805,768</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" id="5829ef0e290a4780972f3a7640d3d4dd" border="0" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 3%">
<div>(1)</div>
</td>
<td style="WIDTH: 97%">
<div>The remeasurement of employee benefits and cash flow hedges are presented as part of the comonents of equity and other reserves.</div>
</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
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</div>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CONTROLADORA VUELA COMPA<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#209;</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#205;</font>A DE </font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">AVIACION,</font></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">S.A.B. DE C.V.</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">Informative data about the&#160;Unaudited Interim </div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">Condensed Consolidated Statement of financial position</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="b9dbcf9326b3406ab275b7bad8f81191" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year:&#160;&#160;&#160;&#160;&#160; 2016</div>
</td>
</tr>
</table>
</div>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="6e85baa7e869401781197389c3e15e17" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">&#160;</div>
</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">At March 31,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">At December 31,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Informative data of the Statement of Financial Position</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Capital stock (nominal)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,973,559</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,973,559</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Restatement of capital stock</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Plan assets for pensions and seniority premiums</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Number of executives</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Number of employees</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">3<font style="DISPLAY: inline; FONT-FAMILY: times new roman">,</font>470</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">3<font style="DISPLAY: inline; FONT-FAMILY: times new roman">,</font>304</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Number of workers</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Outstanding shares</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1<font style="DISPLAY: inline; FONT-FAMILY: times new roman">,</font>011<font style="DISPLAY: inline; FONT-FAMILY: times new roman">,</font>876<font style="DISPLAY: inline; FONT-FAMILY: times new roman">,</font>677</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1<font style="DISPLAY: inline; FONT-FAMILY: times new roman">,</font>011<font style="DISPLAY: inline; FONT-FAMILY: times new roman">,</font>876<font style="DISPLAY: inline; FONT-FAMILY: times new roman">,</font>677</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Repurchased shares</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Restricted cash</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Guaranteed debt of associated companies</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CONTROLADORA VUELA COMPA<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#209;</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#205;</font>A DE </font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">AVIACION,</font></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">S.A.B. DE C.V.</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Informative data about the Unaudited Interim </div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Condensed Consolidated Statements of Operations</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="3ede926679834a5681d9614017c2c0a9" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year:&#160;&#160;&#160;&#160;&#160; 2016</div>
</td>
</tr>
</table>
</div>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="edc1a09add75457fb7e3752912b741b1" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">&#160;</div>
</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">March 31,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">March 31, </div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Informative data of the Income Statement</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Operating depreciation and amortization</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">119,920</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">103,169</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CONTROLADORA VUELA COMPA<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#209;</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#205;</font>A DE </font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">AVIACION,</font></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">S.A.B. DE C.V.</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Informative data - Unaudited Interim Condensed </div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Consolidated Statements of Operations </div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">For the Twelve Months Ended March 31, 2016 and 2015</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="4c36702c68a941afbf581e012e7a76ce" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year:&#160;&#160;&#160;&#160;&#160; 2016</div>
</td>
</tr>
</table>
</div>
</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="aae693557b914d0ba2136663f300994c" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">&#160;</div>
</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Informative data - Income Statement for 12 months</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Operating revenues</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">19,593,324</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">15,029,614</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Operating income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,999,837</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,038,265</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,759,286</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,281,700</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net income, attributable to owners of parent</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,759,286</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,281,700</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Operating depreciation and amortization</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">473,468</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">387,999</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CONTROLADORA VUELA COMPA<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#209;</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#205;</font>A DE </font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">AVIACION,</font></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">S.A.B. DE C.V.</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">Appendix - Breakdown of credits</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="df7a338d237a435ebda4d041f6693ffb" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year:&#160;&#160;&#160;&#160;&#160; 2016</div>
</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</div>

<div style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">
<table style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; BORDER-TOP: medium none; BORDER-RIGHT: medium none" id="5c0cbbda424f4a75b58e331efa284c4d" border="0" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom"></td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-LEFT: medium none; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;&#160;&#160;</td>
<td style="BORDER-LEFT: medium none; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="22">
<div style="TEXT-ALIGN: center; FONT-WEIGHT: bold">Credits in&#160;domestic currency</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="22">
<div style="TEXT-ALIGN: center; FONT-WEIGHT: bold">Credits in foreign currency</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom"></td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-LEFT: medium none; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;&#160;&#160;</td>
<td style="BORDER-LEFT: medium none; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="22">
<div style="TEXT-ALIGN: center; FONT-WEIGHT: bold">Time interval</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="22">
<div style="TEXT-ALIGN: center; FONT-WEIGHT: bold">Time interval</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: center; FONT-WEIGHT: bold">Credit type / institution</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: center; FONT-WEIGHT: bold">Foreign Institution&#160; (Yes/No)</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-WEIGHT: bold">Contract signing date</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-WEIGHT: bold">Expiration date</div>
</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: center; FONT-WEIGHT: bold">Interest rate</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: top" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">Current</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">year</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: top" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">Until 1</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">year</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: top" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">Until 2</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">year</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: top" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">Until 3</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">year</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: top" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">Until 4</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">year</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: top" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">Until 5 year</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">or more</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: top" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">Current</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">year</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: top" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">Until 1</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">year</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: top" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">Until 2</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">year</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: top" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">Until 3</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">year</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: top" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">Until 4</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">year</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: top" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">Until 5 year</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; FONT-WEIGHT: bold">or more</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Banks</div>
</td>
<td style="BORDER-BOTTOM: medium none; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Foreign trade</div>
</td>
<td style="BORDER-BOTTOM: medium none; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">TOTAL</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Secured</div>
</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #ffffff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">TOTAL</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
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<div style="FONT-WEIGHT: bold">0</div>
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<div style="FONT-WEIGHT: bold">0</div>
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<div style="FONT-WEIGHT: bold">0</div>
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<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr>
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<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Comercial Banks</div>
</td>
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</tr>

<tr>
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<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Banco Santander - </div>

<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Bancomext 1</div>
</td>
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<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
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<div style="FONT-WEIGHT: bold">2011-07-27</div>
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<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
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<div style="FONT-WEIGHT: bold">2019-05-31</div>
</td>
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<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">LIBOR + 2.65%</div>
</td>
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<div style="FONT-WEIGHT: bold">0</div>
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<div style="FONT-WEIGHT: bold">11,179</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
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<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Banco Santander -&#160; </div>

<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Bancomext 2</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">2011-07-27</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">2019-05-31</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">LIBOR + 2.50%</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">833,221</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Banco Santander - </div>

<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Bancomext 3</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">2011-07-27</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">2019-05-31</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">LIBOR + 1.99%</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">1,074</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">200,141</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">55,447</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">TOTAL</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">845,474</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">200,141</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">55,447</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Other</div>
</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">TOTAL</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Total Banks</div>
</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">TOTAL</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">845,474</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">200,141</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">55,447</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Stockmarket</div>
</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-WEIGHT: bold">Listed&#160; stock Exchange </div>

<div style="FONT-WEIGHT: bold">unsecured</div>
</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #ffffff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">TOTAL</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
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<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Listed stock Exchange </div>

<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">secured</div>
</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #ffffff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">TOTAL</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Private placements </div>

<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">unsecured</div>
</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #ffffff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">TOTAL</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Private placements </div>

<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">secured</div>
</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #ffffff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">TOTAL</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Total stock market listed in stock exchange and private placement</div>
</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #ffffff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">TOTAL</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Other current and non-</div>

<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">current liabilities with cost</div>
</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #ffffff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Other current and non-</div>

<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">current liabilities with cost</div>
</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">TOTAL</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Total other current and non-current liabilities with cost</div>
</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">TOTAL</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
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<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Suppliers</div>
</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Suppliers</div>
</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #ffffff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Landing, take-off and </div>

<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">navigation</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">166,113</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
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<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
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<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
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<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Fuel</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
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<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">60,607</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Administrative expenses</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">26,318</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Sales, marketing and distribution</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">17,295</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Maintenance expenses</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">14,644</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Technology and communication</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">15,495</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Other services</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">3,314</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Maintenance USD</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Yes</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">244,278</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Fuel USD</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Yes</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
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<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
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<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">56,687</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
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<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Landing, take off and </div>

<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">navigation USD</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Yes</div>
</td>
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<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
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<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">38,963</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Technology and </div>

<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">communication&#160; USD</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Yes</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
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<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
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<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
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<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
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<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">25,036</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Aircraft and engine rent expenses USD</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Yes</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">18,985</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Sales, marketing and distribution expenses USD</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Yes</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">3,697</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Administrative expenses USD</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Yes</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">2,003</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Other services USD</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Yes</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">229</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">TOTAL</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Yes</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">303,786</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">389,878</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Total suppliers</div>
</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">TOTAL</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">303,786</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">389,878</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Other current&#160; and non- </div>

<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">current liabilities</div>
</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Other current&#160; and non- </div>

<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">current liabilities</div>
</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #ffffff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Others</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Yes</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">44,577</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">2,022</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">TOTAL</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">44,577</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">2,022</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Total other current and non-current liabilities</div>
</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">TOTAL</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">44,577</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">2,022</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">Total credits</div>
</td>
<td style="BORDER-BOTTOM: medium none; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top" valign="bottom" colspan="57">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 16%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">TOTAL</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 4%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-WEIGHT: bold">No</div>
</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 5%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: top; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">303,786</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">1,235,352</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">44,577</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">202,163</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">55,447</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-WEIGHT: bold">0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 8pt; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>

<div style="MARGIN-TOP: 2pt">&#160;</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CONTROLADORA VUELA COMPA<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#209;</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#205;</font>A DE </font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">AVIACION,</font></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">S.A.B. DE C.V.</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">Appendix&#160;- Monetary foreign currency position</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="0543f33d907640ba9417f7070fa9f100" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year:&#160;&#160;&#160;&#160;&#160;&#160; 2016</div>
</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="5381ed2370f34242a7921f333ad023f7" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 40%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="WIDTH: 58%" valign="bottom" colspan="18">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Currencies</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 40%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Dollars</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Dollar equivalent in pesos</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Other currencies equivalent in dollars</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Other currencies equivalent in pesos</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Total pesos</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 40%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Foreign currency position</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 40%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Monetary assets</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 40%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current monetary assets</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">379,368</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">6,601,572</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">6,601,572</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 40%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current monetary assets</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">367,011</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">6,386,542</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">6,386,542</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 40%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total monetary assets</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">746,379</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">12,988,114</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">12,988,114</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 40%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Liabilities position</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 40%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current liabilities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">127,606</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,220,536</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,220,536</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 40%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current liabilities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">14,804</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">257,610</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">257,610</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 40%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total liabilities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">142,410</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,478,146</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,478,146</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 40%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net monetary assets (liabilities)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">603,969</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">10,509,908</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">10,509,908</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">
<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CONTROLADORA VUELA COMPA<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#209;</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#205;</font>A DE </font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">AVIACION,</font></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">S.A.B. DE C.V.</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">Appendix&#160;- Distribution of income by product</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="72da26db9e384f00ac4a41510ab8c8b1" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year:&#160;&#160;&#160;&#160; 2016</div>
</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="c51a45e46c684ed98c8b5d765b5e1cc2" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 52%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="WIDTH: 46%" valign="bottom" colspan="14">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Income type</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 52%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Domestic&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">income</div>
</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">International&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">income</div>
</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Income of subsidiaries abroad</div>
</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Total income</div>
</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Operating Revenues</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 9pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Domestic (Mexico)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">3,461,085</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">3,461,085</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 9pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">International (EUA y Central America)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,720,765</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,720,765</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 9pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">TOTAL</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">3,461,085</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,720,765</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">5,181,850</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CONTROLADORA VUELA COMPA<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#209;</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#205;</font>A DE </font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">AVIACION,</font></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">S.A.B. DE C.V.</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">Appendix - Financial derivate instruments</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="0cf45fbb3c934ec9b2d49d2e36643561" cellspacing="0" cellpadding="0">
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<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
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<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year: 2016</div>
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<div>&#160;</div>
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<div style="TEXT-ALIGN: justify; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Management&#8217;s discussion about derivative financial instrument policies explaining whether these policies allow them to be used only for hedging or other purposes such as trading.</div>
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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div style="TEXT-ALIGN: justify; BACKGROUND-COLOR: #ffffff; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><br>
 &#160;</div>

<div style="BACKGROUND-COLOR: #ffffff">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company&#180;s activities are exposed to different financial risks derived from exogenous variables that are not under its control, but whose effects can be potentially adverse. The Company&#8217;s global risk management program is focused on existing uncertainty on the financial markets and is intended to minimize potential adverse effects on net earnings and necessities of the Company&#8217;s working capital. Volaris uses derivative financial instruments only to mitigate part of these risks and does not have financial derivative instruments for speculative or trading purposes.</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company has a Risk Management team that identifies and measures exposure to different financial risks. It is also in charge of designing strategies to mitigate them. Accordingly, it has a Hedging Policy and procedures related thereto, on which those strategies are based. All policies, procedures and strategies are approved by different administrative entities based on the Corporate Governance of the Company.</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Hedging Policy and processes related thereto are approved by diverse Company&#8217;s participants in accordance with the Corporate Governance. That Hedging Policy establishes that derivative financial instrument transactions will be approved and implemented/monitored by various committees. Compliance with the Hedging Policy and its procedures are subject to internal and external audits.</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Hedging Policy maintains a conservative position regarding derivative financial instruments, since it only allows instruments to be contracted that maintain an effective correlation with the primary position to be hedged (in accordance with International Financial Reporting Standards&#160;<font style="FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#8220;IFRS&#8221;</font>, under which the Company prepares its financial information). Accordingly, the Company&#8217;s objective is to give hedge accounting treatment to all derivative financial instruments.</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Through the use of derivative financial instruments, Volaris aims to transfer a portion of the market risk to its financial counterparties; some of these are best described as follows:</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
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<td style="WIDTH: 2%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1.</div>
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<td style="WIDTH: 95%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Fuel price fluctuation risk: Volaris&#8217; contracts with its fuel suppliers make reference to the market prices of that input; therefore, it is exposed to an increase in its price.&#160;Volaris contracts derivative financial instruments to have protection against significant increases in the fuel price. Such instruments are contracted on the over-the-counter (&#8220;OTC&#8221;) market, with approved counterparties and within approved limits by the Hedging Policy. At the date of presenting this report, the Company uses Asian options, with U.S. Gulf Coast Jet Fuel 54 as underlying asset. Asian instruments provide a more precise offsetting due that the payoff takes into account the average price of the underlying asset considered by Volaris main fuel supplier. All derivative financial instruments qualified for hedge accounting and are recognized in operating expenses.</div>
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<td style="WIDTH: 3%; VERTICAL-ALIGN: top">
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</td>
<td style="WIDTH: 2%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">2.</div>
</td>
<td style="WIDTH: 95%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Foreign currency risk: The Company's exposure to the risk of variations in foreign exchange rates is mainly related&#160;to the Company&#8217;s activities (that is&#160;when revenues or expenses are denominated in a currency other than the Company&#8217;s functional currency). To mitigate this risk, the Hedging Policy allows the Company to use foreign exchange derivative financial instruments. As of the date of presenting this report, the Company does not hold foreign exchange hedging position.</div>
</td>
</tr>
</table>

<div style="BACKGROUND-COLOR: #ffffff"><br>
</div>

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<tr>
<td style="WIDTH: 3%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
</td>
<td style="WIDTH: 2%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">3.</div>
</td>
<td style="WIDTH: 95%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Interest rate variation risk: The Company&#8217;s exposure to the risk of changes in market interest rates is related primarily to the Company&#8217;s debt&#160;and operating lease with variable interest rates. The Company contracts derivative financial instruments to hedge against a portion of that exposure. The Company uses interest rate swaps toward that end. Those instruments are recognized as hedge accounting in the item of hedged primary item.</div>
</td>
</tr>
</table>

<div style="MARGIN-BOTTOM: 10pt"><br>
</div>

<div style="BACKGROUND-COLOR: #ffffff">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Outstanding derivative financial instruments may require collateral to guarantee a portion of the unsettled loss prior to maturity. The amount of collateral delivered in pledge, is presented as part of non-current assets under the caption guarantee deposits. It is reviewed and adjusted daily, based on the fair value of the derivative financial instrument position.</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>

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</div>
</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Trading markets and eligible counterparties</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company only operates in over the counter (&#8220;OTC&#8221;) markets. To minimize counterparty risk, the Company enters into ISDA agreements with counterparties with recognized financial capacity; therefore, significant risks of nonperformance are not foreseen of the obligations of any of them. As of March 31, 2016, the Company has signed 9 ISDA agreements with financial institutions and maintained operations with 5 of them during the first quarter of 2016.</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company only operates with the financial counterparties, with which it has an ISDA contract. Those contracts have a Credit Support Annex (&#8220;CSA&#8221;), which set forth credit conditions that define credit lines and guidelines for margin calls are stipulated, such as minimum amounts and rounding off. The execution of derivative financial instruments is distributed among the different counterparties to prevent their exposure concentrated on a single counterparty and making more efficient use of the financial conditions of the different CASs, thereby minimizing potential margin calls.</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
</div>

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<tr>
<td style="WIDTH: 3%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>
</td>
<td style="WIDTH: 2%; VERTICAL-ALIGN: top">&#160;</td>
<td style="WIDTH: 95%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Generic description of the valuation techniques, distinguishing instruments that are valued at cost or fair value, as well as valuation methods and techniques.</div>
</td>
</tr>
</table>

<div style="BACKGROUND-COLOR: #ffffff">
<div style="TEXT-ALIGN: justify; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The designation of calculation agents is documented in the ISDA contracts under which Volaris operates. The Company uses the valuations received from the financial institutions that acted as a counterparty in the different derivative financial instruments. That fair value is compared with internally developed valuation techniques that use valid and recognized methodologies, through which the fair value of derivative financial instruments is estimated based on the levels and variables listed on the market of bench mark assets, using Bloomberg as the main source of information.</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">In accordance with International Financial Reporting Standards ("IFRS"), under which the Company prepares its financial statements, Volaris realizes prospective and retrospective effectiveness tests, as well as hedging files where derivative financial instruments are classified in accordance with the type of underlying asset (restated and monitored constantly). At the date of filing this report, all of the Company&#8217;s financial derivative instruments are considered effective and, therefore, are classified to be recorded under hedge accounting assumptions.</div>

<div><br>
</div>
</div>

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<tr>
<td style="WIDTH: 3%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>
</td>
<td style="WIDTH: 2%; VERTICAL-ALIGN: top">&#160;</td>
<td style="WIDTH: 95%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Management discussion on internal and external sources of liquidity that could be used to meet the requirements related to derivative financial instruments</div>
</td>
</tr>
</table>

<div style="BACKGROUND-COLOR: #ffffff">
<div style="TEXT-ALIGN: justify; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company only operates with financial counterparties with which it has an ISDA agreement. Those contracts have a Credit Support Annex ("CSA") section, which sets forth credit conditions.&#160;&#160;Credit lines and guidelines for margin calls are stipulated therein, such as minimum amounts and rounding off. Contracting derivative financial instruments is distributed among the different counterparties with the intent to avoid that their exposure falls on a single counterparty, thereby making the use of the financial conditions of the different CSA more efficient. Moreover, the Company has internal recourses to meet the requirements related to derivative financial instruments.</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
</div>

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<tr>
<td style="WIDTH: 3%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>
</td>
<td style="WIDTH: 2%; VERTICAL-ALIGN: top">&#160;</td>
<td style="WIDTH: 95%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Explanation of changes in exposure to the main risks identified and in managing them, as well as contingencies and events known or expected by management that can affect future reports.</div>
</td>
</tr>
</table>

<div style="BACKGROUND-COLOR: #ffffff">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company&#8217;s activities are exposed to various financial risks, mainly highlighted by fuel price risk, exchange rate fluctuation risk and changes in interest rate risk. During the first quarter of 2016, no significant change was identified that modified exposure to the risks described above, a situation that can change in the future.</div>

<div>&#160;</div>
</div>

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<tr>
<td style="WIDTH: 3%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
</td>
<td style="WIDTH: 2%; VERTICAL-ALIGN: top">&#160;</td>
<td style="WIDTH: 95%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Quantitative information</div>
</td>
</tr>
</table>

<div style="TEXT-ALIGN: justify; BACKGROUND-COLOR: #ffffff; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt">At the date of this report, all the derivative financial instruments maintained by the Company qualified as hedge accounting; therefore, the changes in their fair value will only be the result of changes in the levels or prices of the underlying asset, and it will not modify the objective of the hedge for which it was initially contracted.</div>

<div style="MARGIN-BOTTOM: 10pt"><br>
</div>

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</div>
</div>

<div style="TEXT-ALIGN: center; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Appendix A</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Derivative financial instruments Summary</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">As of March 31, 2016</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(In thousands of Mexican pesos)</div>

<div><br>
</div>

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<tr>
<td style="TEXT-ALIGN: center; BORDER-LEFT: #000000 2px solid; PADDING-BOTTOM: 2px; WIDTH: 8%; VERTICAL-ALIGN: top; BORDER-TOP: #000000 2px solid; FONT-WEIGHT: bold; BORDER-RIGHT: #000000 2px solid" valign="bottom">Type of </td>
<td style="TEXT-ALIGN: center; PADDING-BOTTOM: 2px; WIDTH: 10%; VERTICAL-ALIGN: top; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid" valign="bottom">&#160;<font style="FONT-WEIGHT: bold">For hedging or</font></td>
<td style="TEXT-ALIGN: center; PADDING-BOTTOM: 2px; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 2px solid" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: center; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: top; BORDER-TOP: #000000 2px solid" valign="bottom" colspan="2">&#160;<font style="FONT-WEIGHT: bold">Notionalamount /</font></td>
<td style="TEXT-ALIGN: center; PADDING-BOTTOM: 2px; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: center; PADDING-BOTTOM: 2px; WIDTH: 8%; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid"><font style="FONT-WEIGHT: bold">Short or</font> </td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: top; BORDER-TOP: #000000 2px solid" valign="bottom" colspan="8">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Underlying asset value</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 2px solid" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: top; BORDER-TOP: #000000 2px solid" valign="bottom" colspan="6">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Fair value (3)</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 10%; VERTICAL-ALIGN: top; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: center">&#160;</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 8%; VERTICAL-ALIGN: top; FONT-WEIGHT: bold; BORDER-RIGHT: #000000 2px solid" valign="bottom">
<div style="TEXT-ALIGN: center">derivative</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%; VERTICAL-ALIGN: top; FONT-WEIGHT: bold; BORDER-RIGHT: #000000 2px solid" valign="bottom">
<div style="TEXT-ALIGN: center">other purposes</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: top" valign="bottom" colspan="2">
<div></div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;Nominal value</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: #000000 2px solid" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 8%; VERTICAL-ALIGN: top; FONT-WEIGHT: bold; BORDER-RIGHT: #000000 2px solid">
<div>long position</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 8%; VERTICAL-ALIGN: top; BORDER-RIGHT: #000000 2px solid" valign="bottom">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Base</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: top" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Current quarter (1Q16)</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: #000000 2px solid" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: top" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Prior quarter (4Q15)</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: #000000 2px solid" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: top" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Current quarter (1Q16)</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: #000000 2px solid" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: top" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Prior quarter (4Q15)</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: #000000 2px solid" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-TOP-COLOR: #000000; WIDTH: 10%; BORDER-TOP-WIDTH: 2px; VERTICAL-ALIGN: top; FONT-WEIGHT: bold; BORDER-RIGHT: #000000 2px solid">
<div style="text-align: center;">Due</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 8%; VERTICAL-ALIGN: top; BORDER-RIGHT: #000000 2px solid" valign="bottom" rowspan="2">
<div>&#160;</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Interest rate swap (1)</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%; VERTICAL-ALIGN: top; BORDER-RIGHT: #000000 2px solid" valign="bottom" rowspan="2">
<div>&#160;</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Hedge</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" rowspan="2">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 1%; VERTICAL-ALIGN: middle" rowspan="2">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">$</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 11%; VERTICAL-ALIGN: middle" rowspan="2">
<div style="TEXT-ALIGN: right; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,218,105 M</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 1%; VERTICAL-ALIGN: middle; BORDER-RIGHT: #000000 2px solid" rowspan="2" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(5)</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 8%; VERTICAL-ALIGN: top; BORDER-RIGHT: #000000 2px solid" valign="bottom" rowspan="2">
<div>&#160;</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Long</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 8%; VERTICAL-ALIGN: top; BORDER-RIGHT: #000000 2px solid" valign="bottom" rowspan="2">
<div>&#160;</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">6M libor</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" rowspan="2">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" rowspan="2">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 8%; VERTICAL-ALIGN: middle" rowspan="2">
<div style="TEXT-ALIGN: right; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">0.90</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 1%; VERTICAL-ALIGN: middle; BORDER-RIGHT: #000000 2px solid" rowspan="2" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" rowspan="2">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" rowspan="2">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 7%; VERTICAL-ALIGN: middle" rowspan="2">
<div style="TEXT-ALIGN: right; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">0.85</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 1%; VERTICAL-ALIGN: middle; BORDER-RIGHT: #000000 2px solid" rowspan="2" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" rowspan="2">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" rowspan="2">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 8%; VERTICAL-ALIGN: middle" rowspan="2">
<div></div>

<div></div>

<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-$46,598</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: #000000 2px solid" valign="bottom" rowspan="2" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" rowspan="2">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" rowspan="2">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 7%; VERTICAL-ALIGN: middle" rowspan="2">
<div></div>

<div></div>

<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-$55,773</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: #000000 2px solid" valign="bottom" rowspan="2" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%; VERTICAL-ALIGN: top; BORDER-RIGHT: #000000 2px solid" valign="bottom">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Short term:</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;&#160;-$44,577</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%; VERTICAL-ALIGN: top; BORDER-RIGHT: #000000 2px solid" valign="bottom">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Long term:</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;&#160;&#160;-$2,022</div>

<div>&#160;</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; BORDER-LEFT: #000000 2px solid; WIDTH: 8%; VERTICAL-ALIGN: middle; BORDER-RIGHT: #000000 2px solid" rowspan="2">
<div>Jet Fuel Asian Call Options (2)</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 10%; VERTICAL-ALIGN: middle; BORDER-RIGHT: #000000 2px solid" rowspan="2">
<div>Hedge</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" rowspan="2">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; VERTICAL-ALIGN: middle" rowspan="2" colspan="2">
<div></div>

<div></div>

<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">219.6 M gallons</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: #000000 2px solid" valign="bottom" rowspan="2" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 8%; VERTICAL-ALIGN: middle; BORDER-RIGHT: #000000 2px solid" rowspan="2">
<div>Long</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 8%; VERTICAL-ALIGN: middle; BORDER-RIGHT: #000000 2px solid" rowspan="2">
<div>Jet Fuel GC 54</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" rowspan="2">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; VERTICAL-ALIGN: middle" rowspan="2" colspan="2">
<div></div>

<div></div>

<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">USD $1.05 / Gal</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: #000000 2px solid" valign="bottom" rowspan="2" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" rowspan="2">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; VERTICAL-ALIGN: middle" rowspan="2" colspan="2">
<div></div>

<div></div>

<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">USD $1.03 / Gal</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: #000000 2px solid" valign="bottom" rowspan="2" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" rowspan="2">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 1%; VERTICAL-ALIGN: middle" rowspan="2">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">$</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 8%; VERTICAL-ALIGN: middle" rowspan="2">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">332,859</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: #000000 2px solid" valign="bottom" rowspan="2" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" rowspan="2">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 1%; VERTICAL-ALIGN: middle" rowspan="2">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">$</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 7%; VERTICAL-ALIGN: middle" rowspan="2">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">78,725</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: #000000 2px solid" valign="bottom" rowspan="2" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%; VERTICAL-ALIGN: top; BORDER-RIGHT: #000000 2px solid" valign="bottom">
<div>&#160;</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Short term:</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;$38,788</div>

<div>&#160;</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%; VERTICAL-ALIGN: top; BORDER-RIGHT: #000000 2px solid" valign="bottom">
<div>&#160;</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Long term:</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;$294,071</div>

<div>&#160;</div>
</td>
</tr>
</table>

<div><br>
</div>

<div><br>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" id="fb299edbc7e74c4b85473843b0df2cd4" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 36pt; VERTICAL-ALIGN: top; align: right">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-LEFT: 18pt; FONT-SIZE: 10pt">(1)</div>
</td>
<td style="WIDTH: auto; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Information regarding two instruments closed with a single counterparty</div>
</td>
</tr>
</table>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" id="188853736dc94fb5b7d3ad54888ae9fb" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 36pt; VERTICAL-ALIGN: top; align: right">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-LEFT: 18pt; FONT-SIZE: 10pt">(2)</div>
</td>
<td style="WIDTH: auto; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Information regarding 253 instruments closed with 4 counterparties</div>
</td>
</tr>
</table>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" id="1733ad305c72421b9a4adaded71f639f" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 36pt; VERTICAL-ALIGN: top; align: right">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-LEFT: 18pt; FONT-SIZE: 10pt">(3)</div>
</td>
<td style="WIDTH: auto; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">From the Company&#8217;s point of view.</div>
</td>
</tr>
</table>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" id="9c1b68f3cf82406788fb513406f646c6" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 36pt; VERTICAL-ALIGN: top; align: right">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-LEFT: 18pt; FONT-SIZE: 10pt">(4)</div>
</td>
<td style="WIDTH: auto; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company only operates with financial counterparties with which it has an ISDA agreement. Those contracts have a Credit Support Annex ("CSA") section, which sets forth credit conditions.&#160;&#160;Credit lines and guidelines for margin calls are stipulated therein, such as minimum amounts and rounding off. Contracting derivative financial instruments is distributed among the different counterparties with the intent to avoid that their exposure falls on a single counterparty, thereby making the use of the financial conditions of the different CSA more efficient, in order to minimize the potential margin calls.</div>
</td>
</tr>
</table>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" id="86aa36324c7b48ce9584457b6837f2af" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 36pt; VERTICAL-ALIGN: top; align: right">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-LEFT: 18pt; FONT-SIZE: 10pt">(5)</div>
</td>
<td style="WIDTH: auto; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The notional value of the instrument is by USD$70 million converted at an exchange rate of 17.4015.</div>
</td>
</tr>
</table>
</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CONTROLADORA VUELA COMPA<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#209;</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#205;</font>A DE </font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">AVIACION,</font></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">S.A.B. DE C.V.</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">Notes - Subclassifications of assets, liabilities and equity</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="63777b95a7b04672a18779a659e49869" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year: 2016</div>
</td>
</tr>
</table>
</div>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left">
<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="f2e377829bd24f7c8f3959c99f9b1a06" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">&#160;</div>
</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">At March 31,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">At December 31,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Subclassifications of assets, liabilities and equities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Cash and cash equivalents</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Cash</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Cash on hand</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">4,075</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">9,878</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Balances with Banks</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">3,196,767</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,796,437</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total cash</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">3,200,842</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,806,315</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Cash equivalents</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Short-term deposits, classified as cash equivalents</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Short-term investments, classified as cash equivalents</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">3,165,338</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,350,998</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other banking arrangements, classified as cash equivalents</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total cash equivalents</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">3,165,338</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,350,998</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other cash and cash equivalents</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total cash and cash equivalents</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">6,366,180</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">5,157,313</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Trade and other current receivables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current trade receivables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">271,099</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">201,837</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current receivables due from related parties</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Current prepayments</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current advances to suppliers</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current prepaid expenses</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total current prepayments</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current receivables from taxes other than income tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current value added tax receivables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current receivables from sale of properties</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current receivables from rental of properties</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other current receivables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">198,514</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">61,185</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total trade and other current receivables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">469,613</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">263,022</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Classes of current inventories</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Current raw materials and current production supplies</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current raw materials</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current production supplies</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total current raw materials and current production supplies</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current merchandise</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current work in progress</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current finished godos</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current spare parts</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">164,237</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">157,304</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Property intended for sale in ordinary course of business</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other current inventories</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">6,413</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">5,769</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total current inventories</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">170,650</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">163,073</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Non-current assets or disposal groups classified as held for sale or as held for distribution to owners</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current assets or disposal groups classified as held for sale</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current assets or disposal groups classified as held for distribution to owners</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total non-current assets or disposal groups classified as held for sale or as held for distribution to owners</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Trade and other non-current receivables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current trade receivables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current receivables due from related parties</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current prepayments</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current lease prepayments</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current receivables from taxes other than income tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div>&#160;</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div>
<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="0c260b43b7e54ff89206fcec9aea82e1" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year:&#160;&#160;&#160;&#160;&#160; 2016</div>
</td>
</tr>
</table>
</div>
</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="01e96207cf1f45a8a6767c34fa7ef59c" cellspacing="0" cellpadding="0">
<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current value added tax receivables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current receivables from sale of properties</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current receivables from rental of properties</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Revenue for billing</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other non-current receivables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total trade and other non-current receivables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Investments in subsidiaries, joint ventures and associates</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Investments in subsidiaries</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Investments in joint ventures</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Investments in associates</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total investments in subsidiaries, joint ventures and associates</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Property, plant and equipment</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Land and buildings</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Land</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Buildings</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total land and buildings</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Machinery</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Vehicles</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ships</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Aircraft</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Motor vehicles</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total vehicles</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Fixtures and fittings</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Office equipment</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">14,775</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">12,932</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Tangible exploration and evaluation assets</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Mining assets</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Oil and gas assets</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Construction in progress</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,231,531</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,623,747</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Construction prepayments</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other property, plant and equipment</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">940,907</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">912,971</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total property, plant and equipment</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,187,213</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,549,650</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Investment property</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Investment property completed</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Investment property under construction or development</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Investment property prepayments</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total investment property</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Intangible assets and goodwill</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Intangible assets other than goodwill</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Brand names</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Intangible exploration and evaluation assets</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Mastheads and publishing titles</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Computer software</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">51,628</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">46,768</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Licences and franchises</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">37</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">63</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Copyrights, patents and other industrial property rights, service and operating rights</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Recipes, formulae, models, designs and prototypes</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Intangible assets under development</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">45,443</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">47,818</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other intangible assets</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total intangible assets other than goodwill</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">97,108</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">94,649</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Goodwill</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total intangible assets and goodwill</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">97,108</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">94,649</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Trade and other current payables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current trade payables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">693,664</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">781,094</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div>&#160;</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div>
<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="cfd30102fef64f96a87794549d0d2099" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year:&#160;&#160;&#160;&#160;&#160; 2016</div>
</td>
</tr>
</table>
</div>
</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="93e6f57091824d6b8725f4d6f9c3d081" cellspacing="0" cellpadding="0">
<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current payables to related parties</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">20,179</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">14,316</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Accruals and deferred income classified as current</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Deferred income classified as current</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,557,734</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,957,254</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Rent deferred income classified as current</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Accruals classified as current</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Short-term employee benefits accruals</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total accruals and deferred income classified as current</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,557,734</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,957,254</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current payables on social security and taxes other than income tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,472,606</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,106,726</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current value added tax payables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current retention payables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other current payables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total trade and other current payables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">4,744,183</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">3,859,390</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Other current financial liabilities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Bank loans current</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">845,474</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,371,202</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Stock market loans current</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other current iabilities at cost</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other current liabilities no cost</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other current financial liabilities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">44,577</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">44,301</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total Other current financial liabilities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">890,051</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1,415,503</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Trade and other non-current payables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current trade payables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current payables to related parties</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Accruals and deferred income classified as non-current</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Deferred income classified as non-current</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Rent deferred income classified as non-current</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Accruals classified as non-current</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total accruals and deferred income classified as non-current</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current payables on social security and taxes other than income tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current value added tax payables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current retention payables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other non-current payables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total trade and other non-current payables</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Other non-current financial liabilities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Bank loans non-current</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">255,588</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">219,817</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Stock market loans non-current</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other non-current liabilities at cost</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other non-current liabilities no cost</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">2,022</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other non-current financial liabilities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">11,473</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total Other non-current financial liabilities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">257,610</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">231,290</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Other provisions</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other non-current provisions</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">60,766</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">49,131</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other current provisions</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">21,959</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">18,670</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total other provisions</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">82,725</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">67,801</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Other reserves</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Revaluation surplus</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reserve of exchange differences on translation</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reserve of cash flow hedges</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reserve of gains and losses on hedging instruments that hedge investments in equity instruments</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reserve of change in value of time value of options</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reserve of change in value of forward elements of forward contracts</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reserve of change in value of foreign currency basis spreads</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reserve of gains and losses on remeasuring available-for-sale financial assets</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div>&#160;</div>

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</div>
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<div>
<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
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<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year:&#160;&#160;&#160;&#160; 2016</div>
</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="a45c754fc52f4acbbf7b6ae78af5d137" cellspacing="0" cellpadding="0">
<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reserve of share-based payments</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reserve of remeasurements of defined benefit plans</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Amount recognised in other comprehensive income and accumulated in equity relating to non-current assets or disposal groups held for sale</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reserve of gains and losses from investments in equity instruments</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reserve of change in fair value of financial liability attributable to change in credit risk of liability</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reserve for catastrophe</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reserve for equalisation</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reserve of discretionary participation features</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Reserve of equity component of convertible instruments</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Capital redemption reserve</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">1</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Merger reserve</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Statutory reserve</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">38,250</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">38,250</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other comprehensive income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-237,967</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-294,778</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total other reserves</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-199,716</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-256,527</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Net assets (liabilities)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Assets</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">16,604,400</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">15,260,965</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Liabilities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">9,120,468</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">8,436,134</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net assets (liabilities)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">7,483,932</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">6,824,831</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Net current assets (liabilities)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current assets</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">8,717,855</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">7,241,437</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current liabilities</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">7,739,227</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">7,102,833</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net current assets (liabilities)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">978,628</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">138,604</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CONTROLADORA VUELA COMPA<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#209;</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#205;</font>A DE </font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">AVIACION,</font></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">S.A.B. DE C.V.</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">Notes - Analysis of income and expense</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">For the three months ended March 31, 2016 and 2015</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="73f15613779a4af0a555ea6cb80c9a17" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">VOLAR</div>
</td>
<td style="WIDTH: 15%" valign="top" align="right">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated</div>
</td>
</tr>

<tr>
<td style="WIDTH: 72%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Ticker: VOLAR / VLRS</div>
</td>
<td style="WIDTH: 15%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top" align="right">Quarter: 1 </td>
<td style="TEXT-ALIGN: center; WIDTH: 13%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Year:&#160;&#160;&#160;&#160;&#160; 2016</div>
</td>
</tr>
</table>
</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="f8da06218afb4cb79e178e195de9c46b" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">&#160;</div>
</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Analysis of income and expense</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Revenue</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 10%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Revenue from rendering of services</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">5,181,850</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">3,768,230</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Revenue from sale of goods</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Interest income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Royalty income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Dividend income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Rental income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Revenue from construction contracts</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other Revenue</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total revenue</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">5,181,850</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">3,768,230</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Finance income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Interest income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">34,342</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">9,191</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net gain on foreign exchange</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">9,398</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">86,333</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Gains on change in fair value of derivatives</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Gain on change in fair value of financial instruments</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other finance income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total finance income</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">43,740</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">95,524</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Finance costs</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Interest expense</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net loss on foreign exchange</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Losses on change in fair value of derivatives</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Loss on change in fair value of financial instruments</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">0</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Other finance cost</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">7,175</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">4,289</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total finance costs</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">7,175</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">4,289</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Tax income (expense)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">287,986</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">332,304</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="white">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Deferred tax</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-17,613</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-201,349</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr bgcolor="#cceeff">
<td style="WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total tax income (expense)</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">270,373</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">130,955</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Notes - List of notes</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The unaudited interim condensed consolidated financial statements, which include the consolidated statements of financial position as of March 31, 2016 and December&#160;31, 2015, an</font>d the related consolidated statements of operations, comprehensive income, changes in equity and cash flows for each of the three months period March 31, 2016 and 2015, <font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">have been prepared in accordance with International Accounting Standard (&#8220;IAS&#8221;) 34 </font><font style="FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Interim Financial Reporting </font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">and using the same accounting policies applied in preparing the annual financial statements, except as explained below</font><font style="FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">.</font></div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The unaudited interim condensed consolidated financial statements do not include all the information and disclosures required in the annual financial statements, and should be read in conjunction with the Company&#8217;s annual consolidated financial statements as of December 31, 2015 and 2014, and for the three years period ended December 31, 2015.</div>

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<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
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<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Notes - List of accounting policies</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Basis of preparation</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Statement of compliance</div>

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</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The unaudited interim condensed consolidated financial statements, which include the consolidated statements of financial position as of March 2016 and December&#160;31, 2015, an<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">d the related consolidated statements of operations, comprehensive income, changes in equity and cash flows for each of the three months period March 31, 2016 and 2015, </font>have been prepared in accordance with International Accounting Standard (&#8220;IAS&#8221;) 34 <font style="FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Interim Financial Reporting </font>and using the same accounting policies applied in preparing the annual financial statements, except as explained below<font style="FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">.</font></div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The unaudited interim condensed consolidated financial statements do not include all the information and disclosures required in the annual financial statements, and should be read in conjunction with the last Company&#8217;s annual consolidated financial statements.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Basis of measurement and presentation</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The accompanying consolidated financial statements have been prepared under the historical-cost convention, except for derivative financial instruments that are measured at fair value and investments in marketable securities measured at fair value through profit and loss (&#8220;FVTPL&#8221;). The preparation of the consolidated financial statements in accordance with IFRS requires management to make estimates and assumptions that affect the amounts reported in the accompanying consolidated financial statements and notes. Actual results could differ from those estimates.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">a)&#160; Basis of consolidation</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The accompanying consolidated financial statements comprise the financial statements of the Company and its subsidiaries.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The financial statements of the subsidiaries are prepared for the same reporting period as the parent Company, using consistent accounting policies.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Control is achieved when the Company is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. Specifically, the Company controls an investee if, and only if, the Company has:</div>

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<td style="TEXT-ALIGN: justify; WIDTH: auto; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Power over the investee (i.e. existing rights that give it the current ability to direct the relevant activities of the investee).</td>
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<td style="TEXT-ALIGN: justify; WIDTH: auto; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Exposure, or rights, to variable returns from its involvement with the investee.</td>
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<td style="TEXT-ALIGN: justify; WIDTH: auto; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">The ability to use its power over the investee to affect its returns.</td>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">When the Company has less than a majority of the voting or similar rights of an investee, the Company considers all relevant facts and circumstances in assessing whether it has power over an investee, including:</div>

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<div style="TEXT-ALIGN: justify"><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(i)</font><font style="FONT-SIZE: 5.33pt" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The contractual arrangement with the other vote holders of the investee.</font></div>

<div style="TEXT-ALIGN: justify"><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(ii)</font><font style="FONT-SIZE: 5.33pt" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Rights arising from other contractual arrangements.</font></div>

<div style="TEXT-ALIGN: justify"><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(iii)</font><font style="FONT-SIZE: 5.33pt" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company&#8217;s voting rights and potential voting rights.</font></div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company re-assesses whether or not it controls an investee if facts and circumstances indicate that there are changes to one or more of the three elements of control. Consolidation of a subsidiary begins when the Company obtains control over the subsidiary and ceases when the Company loses control of the subsidiary. Assets, liabilities, income and expenses of a subsidiary acquired or disposed of during the year are included in the consolidated financial statements from the date the Company gains control until the date the Company ceases to control the subsidiary.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Profit or loss and each component of other comprehensive income (&#8220;OCI&#8221;) are attributed to the equity holders of the parent of the Company and to the non-controlling interest even if this results in the non-controlling interests having a deficit balance.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Non-controlling interests represent the portion of profits or losses and net assets representing ownership interests in subsidiaries not held by the Company. Non-controlling interests are presented separately in the consolidated statements of operations, consolidated statements of comprehensive income and consolidated statements of changes in equity, separately from the Company&#8217;s own interest.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Acquisitions of non-controlling interest are recognized as equity transactions (transactions with owners in their capacity as owners). The carrying amounts of the controlling and non-controlling interests are adjusted to reflect the changes in their relative interests in the subsidiary. Any difference between the amount by which the non-controlling interests are adjusted and the fair value of the consideration paid are recognized directly in equity and attributed to the owners of the parent.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">All intercompany balances, transactions, unrealized gains and losses resulting from intercompany transactions are eliminated in full.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">b)&#160; Revenue recognition</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Passenger revenues:</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Revenues from the air transportation of passengers are recognized at the earlier of when the service is provided or when the non-refundable ticket expires at the date of the scheduled travel.</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Ticket sales for future flights are initially recognized as liabilities under the caption unearned transportation revenue and, once the transportation service is provided by the Company or when the non-refundable ticket expires at the date of the scheduled travel, the earned revenue is recognized as passenger ticket revenues and the unearned transportation revenue is reduced by the same amount. All of the Company&#8217;s tickets are non-refundable and are subject to change upon a payment of a fee. Additionally the Company does not operate a frequent flier program.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Non-ticket revenues:</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The most significant non-ticket revenues include revenues generated from: (i) air travel-related services (ii) revenues from non</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">air travel</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">related services and (iii) cargo services</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">. </font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Air travel-related services include but are not limited to fees charged for excess baggage, bookings through the call center or third-party agencies, advanced seat selection, itinerary changes, charters and airport passenger facility charges for no-show tickets. They are recognized as revenue when the related transportation service is provided by the Company.</font></div>

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<div><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Revenues from non-air travel-related services include commissions charged to third parties for the sale of hotel rooms, trip insurance and rental cars. They are recognized as revenue at the time the service is provided. Additionally, services not directly related to air transportation include Volaris&#8217; sale of VClub membership and the sale of advertising</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">spaces to third parties. VClub membership fees are recognized as revenues over the term of the membership. Revenue from the sale of advertising spaces is recognized over the period in which the space is</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">provided.</font></div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Revenues from cargo services are recognized when the cargo transportation is provided (upon delivery of the cargo to destination)<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">.</font></div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">c)&#160; Cash and cash equivalents</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Cash and cash equivalents are represented by bank deposits and highly liquid investments with maturities of 90 days or less at the original purchase date.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">For the purpose of the consolidated statements of cash flows, cash and cash equivalents consist of cash and short-term investments as defined above.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">d)&#160; Financial instruments</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">A financial instrument is any contract that gives rise to a financial asset for one entity and a financial liability or equity instrument for another entity.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Adoption of IFRS 9 (2013)</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">On October 1, 2014 the Company elected to early adopt IFRS 9 (2013) <font style="FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Financial Instruments</font>, which comprises aspects related to classification and measurement of financial assets and financial liabilities, as well as hedge accounting treatment. This early adoption of IFRS 9 (2013) did not require retrospective adjustments to the Company.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Under IFRS 9 (2013), the FVTPL category used under IAS 39 remains permissible, although new categories of financial assets are introduced. These new categories are based on the characteristics of the instruments and the business model under which these are held, to either be measured at fair value or at amortized cost. For financial liabilities, categories provided under IAS 39 are kept. As a result, there was no difference in valuation and recognition of the financial assets under IFRS 9 (2013), since those financial assets categorized under IAS 39 as FVTPL remain in that same category under IFRS 9 (2013). In the case of trade receivables, these were not affected in terms of valuation model by this version of IFRS 9 (2013), since they are carried at amortized cost and continued to be accounted for as such.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Also, the hedge accounting section of IFRS 9 (2013) requires for options that qualify and are formally designated as hedging instruments, the intrinsic value of the option to be defined as the hedging instrument, thus allowing for the exclusion of changes in fair value attributable to extrinsic value (time value and volatility), to be accounted, under the transaction-related method, separately as a cost of hedging that needs to be initially recognized in OCI and accumulated in a separate component of equity, since the hedged item is a portion of the forecasted jet fuel consumption. The extrinsic value is recognized in the consolidated statement of operations when the hedged item is recognized in income.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">i)&#160; Financial assets</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Classification of financial assets</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company determines the classification and measurement of financial assets, in accordance with the new categories introduced by IFRS 9 (2013), which are based on both: the characteristics of the contractual cash flows of these assets and the business model objective for holding them.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Financial assets include those carried at FVTPL, whose objective to hold them is for trading purposes (short term investments), or at amortized cost, for accounts receivables held to collect the contractual cash flows, which are characterized by solely payments of principal and interest (&#8220;SPPI&#8221;). Derivative financial instruments are also considered financial assets when these represent contractual rights to receive cash or another financial asset.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Initial recognition</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">All the Company&#8217;s financial assets are initially recognized at fair value, including derivative financial instruments.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Subsequent measurement</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The subsequent measurement of financial assets depends on their initial classification, as is described below:</div>

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<td style="TEXT-ALIGN: justify; WIDTH: auto; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Financial assets at FVTPL which include financial assets held for trading.</td>
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<td style="TEXT-ALIGN: justify; WIDTH: auto; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Financial assets at amortized cost, whose characteristics meet the SPPI criterion and were originated to be held to collect principal and interest in accordance with the Company&#8217;s business model.</td>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">A financial asset (or, where applicable, a part of a financial asset or part of a group of similar financial assets) is derecognized when:</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The rights to receive cash flows from the asset have expired;</div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company has transferred its rights to receive cash flows from the asset or has assumed an obligation to pay the received cash flows in full without material delay to a third party under a &#8216;pass-through&#8217; arrangement; and either (i) the Company has transferred substantially all the risks and rewards of the asset, or (ii) the Company has neither transferred nor retained substantially all the risks and rewards of the asset, but has transferred control of the asset; or</div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">When the Company has transferred its rights to receive cash flows from an asset or has entered into a pass-through arrangement, it evaluates if and to what extent it has retained the risks and rewards of ownership. When it has neither transferred nor retained substantially all of the risks and rewards of the asset, nor transferred control of the asset, the asset is recognized to the extent of the Company&#8217;s continuing involvement in the asset. In that case, the Company also recognizes an associated liability. The transferred asset and the associated liability are measured on a basis that reflects the rights and obligations that the Company has retained.</div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">ii)&#160; Impairment of financial assets</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company assesses, at each reporting date, whether there is objective evidence that a financial asset or a group of financial assets is impaired. A financial asset or a group of financial assets is deemed to be impaired if there is objective evidence of impairment as a result of one or more events that has occurred since the initial recognition of the asset (an incurred &#8220;loss event&#8221;) and that loss event has an impact on the estimated future cash flows of the financial asset or the group of financial assets that can be reliably estimated.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Evidence of impairment may include indications that the debtors or a group of debtors is experiencing significant financial difficulty, default or delinquency in interest or principal payments, the probability that they will enter bankruptcy or other financial reorganization and observable data indicating that there is a measurable decrease in the estimated future cash flows, such as changes in arrears or economic conditions that correlate with defaults.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Financial assets carried at amortized cost</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Accounts receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market which meet the SPPI characteristics and are held to collect their cash flows. Therefore, after initial recognition at fair value, such financial assets are subsequently measured at amortized cost using the Effective Interest Rate (&#8220;EIR&#8221;) method, less impairment. Amortized cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral part of the EIR. The EIR amortization is included in finance income in the consolidated statements of operations.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">For trade receivables, the Company first assesses whether objective evidence of impairment exists individually for receivables that are individually significant, or collectively for receivables that are not individually significant. If the Company determines that no objective evidence of impairment exists for an individually assessed receivable, whether significant or not, it includes the receivable in a group of receivables with similar credit risk characteristics and collectively assesses them for impairment. Receivables that are individually assessed for impairment and for which an impairment loss is, or continues to be, recognized are not included in a collective assessment of impairment. If there is objective evidence that an impairment loss has been incurred, the amount of the loss is measured as the difference between the receivable&#8217;s carrying amount and the present value of estimated future cash flows (excluding future expected credit losses that have not yet been incurred).</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">iii) Financial liabilities</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Classification of financial liabilities</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Financial liabilities under IFRS 9 (2013) are classified at amortized cost or at FVTPL.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Derivative financial instruments are also considered financial liabilities when these represent contractual obligations to deliver cash or another financial asset.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Initial recognition</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company determines the classification of its financial liabilities at initial recognition. All financial liabilities are recognized initially at fair value.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company&#8217;s financial liabilities include accounts payable to suppliers, unearned transportation revenue, other accounts payable, financial debt and financial instruments.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Subsequent measurement</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The measurement of financial liabilities depends on their classification as described below:</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Financial liabilities at amortized cost</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Accounts payable are subsequently measured at amortized cost and do not bear interest or result in gains and losses due to their short-term nature.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">After initial recognition at fair value (consideration received), interest bearing loans and borrowings are subsequently measured at amortized cost using the EIR method. Gains and losses are recognized in profit or loss when the liabilities are derecognized as well as through the EIR amortization process.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Amortized cost is calculated by taking into account any discount or premium on issuance and fees or costs that are an integral part of the EIR. The EIR amortization is included as finance costs in the consolidated statements of operations.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Financial liabilities at FVTPL</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">FVTPL include financial liabilities designated upon initial recognition at fair value through profit or loss. Financial liabilities under the fair value option are classified as held for trading, if they are acquired for the purpose of selling them in the near future. This category includes derivative financial instruments that are not designated as hedging instruments in hedge relationships as defined by IFRS 9 (2013). During the years ended December 31, 2015, 2014 and 2013 the Company has not designated any financial liability as at FVTPL.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Derecognition</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">A financial liability is derecognized when the obligation under the liability is discharged or cancelled, or expires. When an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as the derecognition of the original liability and the recognition of a new liability. The difference in the respective carrying amounts is recognized in the consolidated statements of operations.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Offsetting of financial instruments</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Financial assets and financial liabilities are offset and the net amount is reported in the consolidated statement of financial position if there is:</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">A currently enforceable legal right to offset the recognized amounts, and</div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">An intention to settle on a net basis, to realize the assets and settle the liabilities simultaneously.</div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">e)&#160; Other accounts receivable and provision for doubtful receivables</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Other accounts receivables are due primarily from major credit card processors associated with the sales of tickets and are stated at cost less allowances made for doubtful accounts, which approximates fair value given their short-term nature.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">An allowance for doubtful receivables is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivable through risk analysis and taking into account the historical analysis of the recovery of arrears.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">f)&#160; Inventories</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Inventories consist primarily of flight equipment expendable parts, materials and supplies, and are initially recorded at acquisition cost. Inventories are carried at the lower of cost and their net realization value. The cost is determined on the basis of the method of specific identification, and expensed when used in operations.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">g)&#160; Intangibles assets</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Cost related to the purchase or development of computer software that is separable from an item of related hardware is capitalized separately and amortized over the period in which it will generate benefits not exceeding five years on a straight-line basis. The Company annually reviews the estimated useful lives and salvage values of intangible assets and any changes are accounted for prospectively.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company records impairment charges on intangible assets used in operations when events and circumstances indicate that the assets or related cash generating unit may be impaired and the carrying amount of a long-lived asset or cash generating unit exceeds its recoverable amount, which is the higher of (i) its fair value less cost to sell, and (ii) its value in use.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The value in use calculation is based on a discounted cash flow model, using our projections of operating results for the near future. The recoverable amount of long-lived assets is sensitive to the uncertainties inherent in the preparation of projections and the discount rate used in the calculation.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">h)&#160; Guarantee deposits</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Guarantee deposits consist primarily of aircraft maintenance deposits paid to lessors, deposits for rent of flight equipment and other guarantee deposits. Aircraft and engine deposits are held by lessors in U.S. dollars and are presented as current assets and non-current assets, based on the recovery dates of each deposit established in the related agreements<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">.</font></div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Aircraft maintenance deposits paid to lessors</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Most of the Company&#8217;s lease agreements require the Company to pay maintenance deposits to aircraft lessors to be held as collateral in advance of the Company&#8217;s performance of major maintenance activities. These lease agreements provide that maintenance deposits are reimbursable to the Company upon completion of the maintenance event in an amount equal to the lesser of (i) the amount of the maintenance deposits held by the lessor associated with the specific maintenance event, or (ii) the qualifying costs related to the specific maintenance event.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Substantially all of these maintenance deposits are calculated based on a utilization measure of the leased aircrafts and engines, such as flight hours or cycles, and are used solely to collateralize the lessor for maintenance time run off the aircraft and engines until the completion of the maintenance of the aircraft and engines<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">.</font></div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Maintenance deposits expected to be recovered from lessors are reflected as guarantee deposits in the accompanying consolidated statement of financial position. The portion of prepaid maintenance deposits that is deemed unlikely to be recovered, primarily relating to the rate differential between the maintenance deposits&#160; and the expected cost for the next related maintenance event that the deposits serve to collateralize, is recognized as supplemental rent in the consolidated statements of operations. Thus, any excess of the required deposit over the expected cost of the major maintenance event is recognized as supplemental rent in the consolidated statements of operations starting from the period the determination is made.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Any usage-based maintenance deposits to be paid to the lessor, related with a major maintenance event that (i) is not expected to be performed before the expiration of the lease agreement, (ii) is nonrefundable to the Company and (iii) is not substantively related to the maintenance of the leased asset, is accounted for as contingent rent in the consolidated statements of operations. The Company records lease payment as contingent rent when it becomes probable and reasonably estimable that the maintenance deposits payments will not be refunded.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company makes certain assumptions at the inception of the lease and at each consolidated statement of financial position date to determine the recoverability of maintenance deposits. These assumptions are based on various factors such as the estimated time between the maintenance events, the date the aircraft is due to be returned to the lessor, and the number of flight hours the aircraft and engines is estimated to be utilized before it is returned to the lessor.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">In the event that lease extensions are negotiated, any extension benefit is recognized as a liability. The aggregate benefit of extension is recognized as a reduction of rental expense on a straight-line basis, except where another systematic basis is more representative of the time pattern in which economic benefits from the leased asset are consumed.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Because the lease extension benefits are considered lease incentives, the benefits are deferred in the caption other liabilities and are being amortized on a straight-line basis over the remaining revised lease terms. For the years ended</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">i)&#160; Aircraft and engine maintenance</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company is required to conduct diverse levels of aircraft maintenance. Maintenance requirements depend on the type of aircraft, age and the route network over which it operates.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Fleet maintenance requirements may involve short cycle engineering checks, for example, component checks, monthly checks, annual airframe checks and periodic major maintenance and engine checks.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Aircraft maintenance and repair consists of routine and non-routine works, divided into three general categories: (i) routine maintenance, (ii) major maintenance and (iii) component service.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(i) Routine maintenance requirements consists in scheduled maintenance checks on the Company&#8217;s aircraft, including pre-flight, daily, weekly and overnight checks, any diagnostics and routine repairs and any unscheduled tasks performed as required. This type of maintenance events are currently serviced by the Company mechanics and are primarily completed at the main airports that the Company currently serves. All other maintenance activities are sub-contracted to qualified maintenance business partner, repair and overhaul organizations. Routine maintenance also includes scheduled tasks that can take from seven to 14 days to accomplish and typically are required approximately every 22 months. All routine maintenance costs are expensed as incurred.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(ii) Major maintenance consist of a series of more complex tasks that can take up to eight weeks to accomplish and typically are required approximately every five to six years.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Major maintenance is accounted for under the deferral method, whereby the cost of major maintenance and major overhaul and repair is capitalized (leasehold improvements to flight equipment) and amortized over the shorter of the period to the next major maintenance event or the remaining contractual lease term. The next major maintenance event is estimated based on assumptions including estimated usage. The United States Federal Aviation Administration (&#8220;FAA&#8221;) and the Mexican Civil Aeronautic Authority <font style="FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(Direcci&#243;n General de Aeron&#225;utica Civil, </font>or &#8220;DGAC&#8221;) mandate maintenance intervals and average removal times as suggested by the manufacturer.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">These assumptions may change based on changes in the utilization of aircraft, changes in government regulations and suggested manufacturer maintenance intervals. In addition, these assumptions can be affected by unplanned incidents that could damage an airframe, engine, or major component to a level that would require a heavy maintenance event prior to a scheduled maintenance event. To the extent the planned usage increases, the estimated life would decrease before the next maintenance event, resulting in additional expense over a shorter period.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(iii) The Company has a power-by-hour agreement for component services, which guarantees the availability of aircraft parts for the Company&#8217;s fleet when they are required. It also provides aircraft parts that are included in the redelivery conditions of the contract (hard time) without constituting an additional cost at the time of redelivery. The monthly maintenance cost associated with this agreement is recognized as incurred in the consolidated statements of operations.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company has an engine flight hour agreement that guarantees a cost per overhaul, provides miscellaneous engines coverage, caps the cost of foreign objects damage events, ensures there is protection from annual escalations, and grants an annual credit for scrapped components. The cost associated with the miscellaneous engines coverage is recorded as incurred in the consolidated statements of operations.</div>

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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">j)&#160; Rotable spare parts, furniture and equipment, net</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Rotable spare parts, furniture and equipment, are recorded at cost and are depreciated to estimated residual values over their estimated useful lives using the straight-line method.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Pre-delivery payments refer to prepayments made to aircraft and engine manufacturers during the manufacturing stage of the aircraft.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The borrowing costs related to the acquisition or construction of a qualifying asset are capitalized as part of the cost of that asset.</div>

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<div>Depreciation rates are as follows:</div>

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<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Annual<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><br>
</font> depreciation rate</div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Aircraft parts and rotable spare parts</div>
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<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">8.3-16.7%</div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Standardization</div>
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<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Remaining contractual lease term</div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Computer equipment</div>
</td>
<td style="WIDTH: 50.73%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">25%</div>
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</tr>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Communications equipment</div>
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<td style="WIDTH: 50.73%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">10%</div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Office furniture and equipment</div>
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<td style="WIDTH: 50.73%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">10%</div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Electric power equipment</div>
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<td style="WIDTH: 50.73%; VERTICAL-ALIGN: top">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">10%</div>
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<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">10%</div>
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<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">20%</div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Leasehold improvements to flight equipment</div>
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<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The shorter of: (i) remaining contractual lease</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">term, or (ii) the next major maintenance event</div>
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<div>The Company reviews annually the useful lives and salvage values of these assets and any changes are accounted for prospectively.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company records impairment charges on rotable spare parts, furniture and equipment used in operations when events and circumstances indicate that the assets may be impaired or when the carrying amount of a long-lived asset or related cash generating unit exceeds its recoverable amount, which is the higher of (i) its fair value less cost to sell and (ii) its value in use.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The value in use calculation is based on a discounted cash flow model, using our projections of operating results for the near future. The recoverable amount of long-lived assets is sensitive to the uncertainties inherent in the preparation of projections and the discount rate used in the calculation.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">k)&#160; Foreign currency transactions and exchange differences</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Mexican peso is the functional currency of the Company and its subsidiaries.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Transactions in foreign currencies are translated into the Company&#8217;s functional currency at the exchange rate at the date of the transaction.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Monetary assets and liabilities denominated in foreign currencies are subsequently translated at the exchange rate at the consolidated statement of financial position date. Any differences resulting from the currency translation are recognized in the consolidated statements of operations.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Non-monetary items that are measured in terms of historical cost in a foreign currency are not subject to remeasurement after the dates of the initial recognition.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">On consolidation, the assets and liabilities of foreign operations are translated into pesos at the rate of exchange prevailing at the reporting date and their statements of operations are translated at exchange rates prevailing at the dates of the transactions. The exchange differences arising on translation for consolidation are recognized in OCI. On disposal of a foreign operation, the component of OCI relating to that particular foreign operation is recognized in profit or loss.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">l)&#160; Liabilities and provisions</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Provisions are recognized when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation. If the effect of the time value of money is material, provisions are discounted using a current pre-tax rate that reflects, where appropriate, the risks specific to the liability. Where discounting is used, the increase in the provision due to the passage of time is recognized as a finance cost.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">For the operating leases, the Company is contractually obligated to return the leased aircraft in a specific return condition. The Company accrues for restitution costs related to aircraft held under operating leases throughout the term of the lease, based upon the estimated cost of satisfying the return condition criteria for each aircraft. These return obligations are related to the costs to be incurred in the reconfiguration of aircraft (interior and exterior), painting, carpeting and other costs, which are estimated based on current cost adjusted for inflation. The return obligation is estimated at the inception of each leasing arrangement and recognized over the term of the lease<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">.</font></div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company records aircraft lease return obligation reserves based on the best estimate of the return obligation costs under each aircraft lease agreement.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The aircraft lease agreements of the Company also require that the aircraft and engines be returned to lessors under specific conditions of maintenance. The costs of return, which in no case are related to scheduled major maintenance<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">,</font> are estimated and recognized ratably as a provision from the time it becomes likely such costs will be incurred and can be estimated reliably. These return costs are recognized as a component of supplementary rents.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">m) Employee benefits</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">i)&#160; Personnel vacations</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company recognizes a reserve for the costs of paid absences, such as vacation time, based on the accrual method.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">ii)&#160; Termination benefits</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company recognizes a liability and expense for termination benefits at the earlier of the following dates:</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">a)&#160; When it can no longer withdraw the offer of those benefits; and</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">b)&#160; When it recognizes costs for a restructuring that is within the scope of IAS 37, <font style="FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Provisions, Contingent Liabilities and Contingent Assets</font>, and involves the payment of termination benefits.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company is demonstrably committed to a termination when, and only when, the entity has a detailed formal plan for the termination and is without realistic possibility of withdrawal.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">iii)&#160; Seniority premiums</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">In accordance with Mexican Labor Law, the Company provides seniority premium benefits to its employees under certain circumstances. These benefits consist of a one-time payment equivalent to 12 days wages for each year of service (at the employee&#8217;s most recent salary, but not to exceed twice the legal minimum wage), payable to all employees with 15 or more years of service, as well as to certain employees terminated involuntarily prior to the vesting of their seniority premium benefit.</div>

<div><br>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Obligations relating to seniority premiums other than those arising from restructurings, are recognized based upon actuarial calculations and are determined using the projected unit credit method.</div>

<div><br>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Remeasurement gains and losses are recognized in full in the period in which they occur in OCI. Such remeasurement gains and losses are not reclassified to profit or loss in subsequent periods.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The defined benefit asset or liability comprises the present value of the defined benefit obligation using a discount rate based on government bonds (<font style="FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Certificados de la Tesorer&#237;a de la Federaci&#243;n, or</font> &#8220;CETES&#8221; in Mexico), less the fair value of plan assets out of which the obligations are to be settled.</div>

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<div style="FONT-WEIGHT: bold">iv)&#160; Incentives</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company has a quarterly incentive plan for certain personnel whereby cash bonuses are awarded for meeting certain performance targets. These incentives are payable shortly after the end of each quarter and are accounted for as a short-term benefit under IAS 19, <font style="FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Employee Benefits</font>. A provision is recognized based on the estimated amount of the incentive payment.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">During the year ended December 31, 2015, the Company adopted a new short-term benefit plan for certain key personnel whereby cash bonuses are awarded when certain Company&#8217;s performance targets are met. These incentives are payable shortly after the end of each year and also are accounted for as a short-term benefit under IAS 19, <font style="FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Employee Benefits</font>. A provision is recognized based on the estimated amount of the incentive payment. During the year ended December 31, 2015, the Company recorded an expense and provision in an amount of Ps.70,690, recorded in the caption salaries and benefits<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">.</font></div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">v)&#160; Long-term retention plan (&#8220;LTRP&#8221;)</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">During 2010, the Company adopted an employee LTRP, the purpose of which is to retain high performing employees within the organization by paying incentives contingent on meeting certain Company&#8217;s performance targets. Incentives under this plan were payable in three equal annual installments, following the provisions for other long-term benefits under IAS 19.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">During 2014, this plan was restructured and it was named Long<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</font>term incentive plan (&#8220;LTIP&#8221;). This new plan consists in a share purchase plan (equity-settled) and a share appreciation rights plan (cash settled). See below for accounting for share-based payments.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">vi)&#160; Share-based payments</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">a)&#160; LTIP</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">- Share purchase plan (equity-settled)</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Certain key employees of the Company receive additional benefits through a share purchase plan, which has been classified as an equity-settled share-based payment. The equity-settled compensation cost is recognized in the consolidated statement of operations under the caption of salaries and benefits, over the requisite service period.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">- Share appreciation rights plan (cash settled)</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company granted share appreciation rights (&#8220;SARs&#8221;) to key employees, which entitle them to a cash payment after a service period. The amount of the cash payment is determined based on the increase in the share price of the Company between the grant date and the time of exercise. The compensation cost is recognized in the consolidated statement of operations under the caption of salaries and benefits, over the requisite service period.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">b)&#160; Management incentive plan (&#8220;MIP&#8221;)</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Certain key employees of the Company receive additional benefits through a share purchase plan, which has been classified as an equity-settled share-based payment. The equity-settled compensation cost is recognized in the consolidated statement of operations under the caption of salaries and benefits, over the requisite service period.</div>

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<div style="FONT-WEIGHT: bold">vii)&#160; Employee profit sharing</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">For the years ended December 2015 and 2014, the Mexican Income Tax Law (&#8220;MITL&#8221;), establishes that the base for computing current year employee profit sharing shall be the taxpayer&#8217;s taxable income of the year for income tax purposes, including certain adjustments established in the Income Tax Law, at the rate of 10%. For the year ended December 31, 2013, employee profit sharing was computed at the rate of 10% of the individual Company&#8217;s taxable income, except for depreciation of historical rather than restated values, foreign exchange gains and losses, which are not included until the asset is disposed of or the liability is due, and other effects of inflation are also excluded. The cost of employee profit sharing earned for the current-year is presented as an expense in the consolidated statements of operations.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">n)&#160; Leases</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The determination of whether an arrangement is, or contains, a lease is based on the substance of the arrangement at inception date, whether fulfillment of the arrangement is dependent on the use of a specific asset or assets or the arrangement conveys a right to use the asset, even if that right is not explicitly specified in an arrangement.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Property and equipment lease agreements are recognized as finance leases if the risks and benefits incidental to ownership of the leased assets have been transferred to the Company when (i) the ownership of the leased asset is transferred to the Company upon termination of the lease; (ii) the agreement includes an option to purchase the asset at a reduced price; (iii) the term of the lease is for the major part of the economic life of the leased asset; (iv) the present value of minimum lease payments is at least substantially all of the fair value of the leased asset; or (v) the leased asset is of a specialized nature for the Company.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">When the risks and benefits incidental to the ownership of the leased asset remain mostly with the lessor, they are classified as operating leases and rental payments are charged to results of operations on a straight-line over the term of the lease.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company&#8217;s lease contracts for aircraft, engines and components parts are classified as operating leases.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Sale and leaseback</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company enters into sale and leaseback agreements whereby an aircraft or engine is sold to a lessor upon delivery and the lessor agrees to lease such aircraft or engine back to the Company. Leases under sale and leaseback agreements meet the conditions for treatment as operating leases.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Profit or loss related to a sale transaction followed by an operating lease, is accounted for as follows:</div>

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<td style="TEXT-ALIGN: justify; WIDTH: auto; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Profit or loss is recognized immediately when it is clear that the transaction is established at fair value.</td>
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<div style="TEXT-ALIGN: justify">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" id="eecbeab4b4ef4358bcbf18b7c45d80b3" class="DSPFListTable" cellspacing="0" cellpadding="0">
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<td style="TEXT-ALIGN: justify; WIDTH: auto; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">If the sale price is at or below fair value, any profit or loss is recognized immediately. However, if the loss is compensated for by future lease payments at below market price, such loss is recognized as an asset in the consolidated statements of financial position, and amortized to the consolidated statements of operations in proportion to the lease payments over the contractual lease term.</td>
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<td style="WIDTH: 21.3pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; align: right">(iii)</td>
<td style="TEXT-ALIGN: justify; WIDTH: auto; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">If the sale price is above fair value, the excess of the price above the fair value is deferred and amortized to the consolidated statements of operations over the asset&#8217;s expected lease term, including probable renewals, with the amortization recorded as a reduction of rent expense.</td>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">o)&#160; Taxes and fees payable</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company is required to collect certain taxes and fees from customers on behalf of government agencies and airports and to remit these to the applicable governmental entity or airport on a periodic basis. These taxes and fees include federal transportation taxes, federal security charges, airport passenger facility charges, and foreign arrival and departure fees. These charges are collected from customers at the time they purchase their tickets, but are not included in passenger revenue. The Company records a liability upon collection from the customer and discharges the liability when payments are remitted to the applicable governmental entity or airport.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">p)&#160; Income taxes</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Current income tax</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Current income tax assets and liabilities for the current period are measured at the amount expected to be recovered from or paid to the tax authorities. The tax rates and tax laws used to compute the amount are those that are enacted or substantively enacted, at the reporting date.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Current income tax relating to items recognized directly in equity is recognized in equity and not in the income statement. Management periodically evaluates positions taken in the tax returns with respect to situations in which applicable tax regulations are subject to interpretation and establishes provisions where appropriate.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Deferred tax</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Deferred tax is provided using the liability method on temporary differences between the tax bases of assets and liabilities and their carrying amounts for financial reporting purposes at the reporting date.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Deferred tax liabilities are recognized for all taxable temporary differences.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Deferred tax assets are recognized for all deductible temporary differences, the carry-forward of unused tax credits and any available tax losses. Deferred tax assets are recognized to the extent that it is probable that taxable profit will be available against which the deductible temporary differences, and the carry-forward of unused tax credits and available tax losses can be utilized.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The carrying amount of deferred tax assets is reviewed at each reporting date and reduced to the extent that it is no longer probable that sufficient taxable profit will be available to allow all or part of the deferred tax asset to be utilized. Unrecognized deferred tax assets are reassessed at each reporting date and are recognized to the extent that it has become probable that future taxable profits will allow the deferred tax asset to be recovered.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the year when the asset is realized or the liability is settled, based on tax rates (and tax laws) that have been enacted or substantively enacted at the reporting date.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Deferred tax relating to items recognized outside profit or loss is recognized outside profit or loss. Deferred tax items are recognized in correlation to the underlying transaction in OCI.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Deferred tax assets and deferred tax liabilities are offset if a legally enforceable right exists to set off current tax assets against current tax liabilities and the deferred taxes relate to the same taxable entity and the same taxation authority.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The charge for income taxes incurred is computed based on tax laws approved in Mexico at the date of the consolidated statement of financial position.&#160;</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">q)&#160; Derivative financial instruments and hedge accounting</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company mitigates certain financial risks, such as volatility in the price of jet fuel, adverse changes in interest rates and exchange rate fluctuations, through a risk management program that includes the use of derivative financial instruments.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">In accordance with IFRS 9 (2013), derivative financial instruments are recognized in the consolidated statement of financial position at fair value. At inception of a hedge relationship, the Company formally designates and documents the hedge relationship to which it wishes to apply hedge accounting; as well as, the risk management objective and strategy for undertaking the hedge. The documentation includes the hedging strategy and objective, identification of the hedging instrument, the hedged item or transaction, the nature of the risks being hedged and how the entity will assess the effectiveness of changes in the hedging instrument&#8217;s fair value in offsetting the exposure to changes in the hedged item&#8217;s fair value or cash flows attributable to the hedged risk(s). Only if such hedges are expected to be effective in achieving offsetting changes in fair value or cash flows of the hedge item(s) and are assessed on an ongoing basis to determine that they actually have been effective throughout the financial reporting periods for which they were designated, hedge accounting treatment can be used.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Under the cash flow hedges (&#8220;CFH&#8221;) accounting model, the effective portion of the hedging instrument&#8217;s changes in fair value is recognized in OCI, while the ineffective portion is recognized in current year earnings.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The realized gain or loss of derivative financial instruments that qualify as CFH is recorded in the same caption of the hedged item in the consolidated statement of operations.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Accounting for the time value of options</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company accounts for the time value of options in accordance with IFRS 9 (2013), which requires all derivative financial instruments to be initially recognized at fair value. Subsequent measurement for options purchased and designated as CFH requires that the option&#8217;s changes in fair value be segregated into its intrinsic value (which will be considered the hedging instrument&#8217;s effective portion in OCI) and its correspondent changes in extrinsic value (time value and volatility). The extrinsic value changes will be considered as a cost of hedging (recognized in OCI in a separate component of equity) and accounted for in income when the hedged items also is recognized in income.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Outstanding derivative financial instruments may require collateral to guarantee a portion of the unsettled loss prior to maturity. The amount of collateral delivered in pledge, is presented as part of non-current assets under the caption guarantee deposits, and the amount of the collateral is reviewed and adjusted on a daily basis based on the fair value of the derivative position<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">.</font></div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">r)&#160; Financial instruments &#8211; Disclosures</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">IFRS 7 requires a three-level hierarchy for fair value measurement disclosures and requires entities to provide additional disclosures about the relative reliability of fair value measurements<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">.</font></div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">s)&#160; Treasury shares</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company&#8217;s equity instruments that are reacquired (treasury shares), are recognized at cost and deducted from equity. No gain or loss is recognized in profit or loss on the purchase, sale, issue or cancellation of treasury shares. Any difference between the carrying amount and the consideration received, if reissued, is recognized in additional paid in capital.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Share-based payment options exercised during the reporting period are settled with treasury shares<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">.</font></div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">t)&#160; Operating segments</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company is managed as a single business unit that provides air transportation and related services, according it has only one operating segment. The Company has two geographic areas identified as domestic (Mexico) and international (United States of America and Central America).</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">u)&#160; Current versus non-current classification</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The Company presents assets and liabilities in the consolidated statement of financial position based on current/non-current classification. An asset is current when it is: (i) expected to be realized or intended to be sold or consumed in normal operating cycle, (ii) expected to be realized within twelve months after the reporting period, or, (iii) cash or cash equivalent unless restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. All other assets are classified as non-current.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">A liability is current when: (i) it is expected to be settled in normal operating cycle, (ii) it is due to be settled within twelve months after the reporting period, or, (iii) there is no unconditional right to defer the settlement of the liability for at least twelve months after the reporting period. The Company classifies all other liabilities as non-current. Deferred tax assets and liabilities are classified as noncurrent assets and liabilities.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">v)&#160; Convenience translation</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">U.S. dollar amounts at&#160;March 31, 2016 shown in the unaudited interim condensed&#160;consolidated financial statements have been included solely for the convenience of the reader and are translated from Mexican pesos, using an exchange rate of Ps.17.4015 per U.S. dollar, as reported by the Mexican Central Bank <font style="FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(Banco de M&#233;xico)</font> as the rate for the payment of obligations denominated in foreign currency payable in Mexico in effect on&#160;March 31, 2016. Such translation should not be construed as a representation that the peso amounts have been or could be converted into U.S. dollars at this or any other rate. The referred information in U.S. dollars is solely for information purposes and does not represent the amounts are in accordance with IFRS or the equivalent in U.S. dollars in which the transactions were conducted or in which the amounts presented in Mexican pesos can be translated or realized.</div>

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<div style="TEXT-ALIGN: center; FONT-WEIGHT: bold">CONTROLADORA VUELA COMPA&#209;&#205;A DE AVIACI&#211;N, S.A.B. DE C.V. AND SUBSIDIARIES</div>
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">(d.b.a. VOLARIS)</div>

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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Notes to the Unaudited Interim Condensed Consolidated Financial Statements<br>
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</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">At March 31, 2016 and December 31, 2015</font></div>

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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">(In thousands of Mexican pesos and thousands of U.S. dollars,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">except when indicated otherwise)</div>

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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">1.&#160;&#160;Description of the business and summary of significant accounting policies</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Controladora Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.B. de C.V. (&#8220;Controladora&#8221; or the &#8220;Company&#8221;) was incorporated in Mexico in accordance with Mexican Corporate laws on October 27, 2005.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Controladora is domiciled in Mexico City at Av. Antonio Dovali Jaime No. 70, 13th Floor, Tower B, Colonia Zedec Santa Fe, Mexico D.F.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The Company, through its subsidiary Concesionaria Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.P.I. de C.V. (&#8220;Concesionaria&#8221;), has a concession to provide air transportation services for passengers, cargo and mail throughout Mexico and abroad.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Concesionaria&#8217;s concession was granted by the Mexican federal government through the Mexican Communications and Transportation Ministry (Secretar&#237;a de Comunicaciones y Transportes) on May 9, 2005 initially for a period of five years and was extended on February 17, 2010 for an additional period of ten years.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Concesionaria made its first commercial flight as a low-cost airline on March 13, 2006. The Company operates under the trade name of &#8220;Volaris&#8221;. On June 11, 2013, Controladora Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.P.I. de C.V. changed its corporate name to Controladora Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.B. de C.V.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">On September 23, 2013, the Company completed its dual listing Initial Public Offering (&#8220;IPO&#8221;) on the New York Stock Exchange (&#8220;NYSE&#8221;) and on the Mexican Stock Exchange (Bolsa Mexicana de Valores, or &#8220;BMV&#8221;), and on September 18, 2013 its shares started trading under the ticker symbol &#8220;VLRS&#8221; and &#8220;VOLAR&#8221;, respectively. .</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">On November 16, 2015, certain shareholders of the Company completed a secondary follow-on equity offering on the NYSE.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The accompanying unaudited interim condensed consolidated financial statements and notes were authorized for their issuance by the Company&#8217;s Chief Executive Officer Enrique Beltranena and Chief Financial Officer Fernando Su&#225;rez on April 21, 2016. Subsequent events have been considered through that date.</div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Relevant events</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Operations in Central America</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">During the year ended December 31, 2015, the Company through its subsidiary Concesionaria, began operations in Central America (Guatemala and Costa Rica).</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Secondary follow-on equity offering</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">On November 16, 2015 the Company completed a secondary follow-on equity offering, in which certain shareholders offered 108,900,000 of the Company&#8217;s Ordinary Participation Certificates (Certificados de Participaci&#243;n Ordinarios), or CPOs, in the form of American Depositary Shares, or ADSs, in the United States. No CPOs or ADSs were sold by the Company and the selling shareholders received all of the proceeds from this offering.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2. Basis of preparation</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The unaudited interim condensed consolidated financial statements, which include the consolidated statements of financial position as of March 31, 2016 and December&#160;31, 2015, and the related consolidated statements of operations, comprehensive income, changes in equity and cash flows for each of the three months period March 31, 2016 and 2015, have been prepared in accordance with International Accounting Standard (&#8220;IAS&#8221;) 34 <font style="FONT-STYLE: italic; DISPLAY: inline">Interim Financial Reporting </font>and using the same accounting policies applied in preparing the annual financial statements, except as explained below<font style="FONT-STYLE: italic; DISPLAY: inline">.</font></div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The unaudited interim condensed consolidated financial statements do not include all the information and disclosures required in the annual financial statements, and should be read in conjunction with the Company&#8217;s annual consolidated financial statements as of December 31, 2015 and 2014, and for the three years period ended December 31, 2015.</div>

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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Basis of consolidation</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The accompanying unaudited interim condensed consolidated financial statements comprise the financial statements of the Company and its subsidiaries. At Mach 31, 2016 and December 31, 2015, for accounting purposes the companies included in the unaudited interim condensed consolidated financial statements are as follows:<br>
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<td style="TEXT-ALIGN: center; WIDTH: 32%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="top">&#160;Principal</td>
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<td style="TEXT-ALIGN: center; WIDTH: 11%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;March 31,</td>
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Concesionaria</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 32%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Air transportation services for passengers,</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;cargo and mail throughout Mexico and</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;abroad</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Mexico</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">100%</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">100%</div>
</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 35%" valign="top" align="left">
<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Vuela Aviaci&#243;n, S.A. (&#8220;Vuela Aviaci&#243;n&#8221;)*</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 32%" valign="top" align="left">
<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Air transportation services for passengers,</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;cargo and mail in Costa Rica and abroad</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 11%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Costa Rica</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">100%</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">100%</div>
</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 35%" valign="top" align="left">
<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Vuela, S.A. (&#8220;Vuela&#8221;)*</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 32%" valign="top" align="left">
<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Air transportation services for passengers,</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;cargo and mail in Guatemala and abroad</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Guatemala</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">100%</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">100%</div>
</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 35%" valign="top" align="left">
<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Comercializadora Volaris, S.A. de C.V.</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 32%" valign="top" align="left">
<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Merchandising of services</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 11%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Mexico</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">100%</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">100%</div>
</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 35%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Servicios Earhart, S.A.</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 32%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Recruitment and payroll</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Guatemala</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">100%</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">100%</div>
</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 35%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Servicios Corporativos Volaris, S.A. de C.V.</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;(&#8220;Servicios Corporativos&#8221;)</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 32%" valign="top" align="left">
<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Recruitment and payroll</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 11%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Mexico</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">100%</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">100%</div>
</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 35%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Servicios Administrativos Volaris, S.A. de C.V</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;(&#8220;Servicios Administrativos&#8221;)</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 32%" valign="top" align="left">
<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Recruitment and payroll</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Mexico</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">100%</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">100%</div>
</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 35%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Servicios Operativos Terrestres Volaris, S.A. de C.V</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;(&#8220;Servicios Operativos&#8221;)</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 32%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Recruitment and payroll</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 11%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Mexico</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">100%</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">100%</div>
</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 35%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Deutsche Bank M&#233;xico, S.A., Trust 1710</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 32%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Pre-delivery payments financing (Note 8)</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Mexico</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">100%</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">100%</div>
</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 35%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Deutsche Bank M&#233;xico, S.A., Trust 1711</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 32%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Pre-delivery payments financing (Note 8)</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 11%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Mexico</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">100%</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">100%</div>
</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 35%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Irrevocable Administrative Trust number</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;F/307750 &#8220;Administrative Trust&#8221;</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 32%" valign="top" align="left">
<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Share administration trust</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Mexico</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">100%</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">100%</div>
</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 35%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Irrevocable Administrative and Safeguard Trust,</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;denominated F/1405 &#8220;DAIIMX/VOLARIS&#8221;</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 32%" valign="top" align="left">
<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Share administration trust (Note 13)</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 11%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Mexico</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">100%</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">100%</div>
</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 35%" valign="top" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Irrevocable Administrative Trust number</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;F/745291</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 32%" valign="top" align="left">
<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Share administration trust</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Mexico</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">100%</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">100%</div>
</td>
</tr>
</table>
</div>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">*The Company has not started operations in Central America.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The accounting policies adopted in the preparation of the unaudited interim condensed consolidated financial statements are consistent with those followed in the preparation of the Company&#8217;s annual consolidated financial statements for the year ended December 31, 2015, except for the adoption of new standards and interpretations effective as of January 1, 2016. The Company has not early adopted any other standard, interpretation or amendment that has been issued but is not yet effective.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The Company applied for the first time certain standards and amendments, which are effective for annual periods beginning on or after January 1, 2015. The Company has not early adopted any other standard, interpretation or amendment that has been issued but is not yet effective.</div>

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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The nature and the impact of each new standard and amendment are described below:</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">IAS 19 requires an entity to consider contributions from employees or third parties when accounting for defined benefit plans. Where the contributions are linked to service, they should be attributed to periods of service as a negative benefit. These amendments clarify that, if the amount of the contributions is independent of the number of years of service, an entity is permitted to recognize such contributions as a reduction in the service cost in the period in which the service is rendered, instead of allocating the contributions to the periods of service. This amendment is effective for annual periods beginning on or after 1 July 2014. This amendment is not relevant to the Company, since the Company does not have a benefit plan with contributions from employees or third parties.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Amendments to IAS 16 and 38: Clarification of acceptable Methods of Depreciation and Amortization</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The amendments clarifies the principle in IAS 16 and IAS 38 the revenue reflects a pattern of economic benefits that are generated from operating a business (of which the asset is part) rather than the economic benefits that are consumed through use of the asset. As a result, a revenue-based method cannot be used to depreciate property, plant and equipment and may only be used in very limited circumstances to amortize intangible assets. The amendments are effective prospectively for annual periods beginning on or after 1 January, 2016, with early adoption permitted. These amendments are not expected to have any impact to the Company given that the Company has not used a revenue-based method to depreciate its non-current assets.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Annual Improvements 2010-2012 Cycle</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">With the exception of the improvement relating to IFRS 2 Share-based Payment applied to share-based payment transactions with a grant date on or after 1 July 2014, all other improvements are effective for accounting periods beginning on or after 1 July 2014. These improvements are not expected to have a material impact on the Company. They include:</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">IFRS 2 Share-based Payment</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">This improvement is applied prospectively and clarifies various issues relating to the definitions of performance and service conditions which are vesting conditions. The clarifications are consistent with how the Company has identified any performance and service conditions which are vesting conditions in previous periods. Thus, these amendments did not impact the Company&#8217;s financial statements or accounting policies.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">IFRS 8 Operating Segments</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The amendments are applied retrospectively and clarify that:</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 36pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">(i) An entity must disclose the judgments made by management in applying the aggregation criteria in paragraph 12 of IFRS 8, including a brief description of operating segments that have been aggregated and the economic characteristics (e.g., sales and gross margins) used to assess whether the segments are &#8220;similar&#8221;.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 36pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">(ii) The reconciliation of segments assets to total assets is only required to be disclosed if the reconciliation is reported to the chief operating decision maker, similar to the required disclosure for segment liabilities.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">This amendment is not relevant to the Company, since the Company has not applied the aggregation criteria in IFRS 8.12 and does not reconcile segment assets to total assets.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">IAS 16 Property, Plant and Equipment and IAS 38 Intangible Assets</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The amendment is applied retrospectively and clarifies in IAS 16 and IAS 38 that the asset may be revalued by reference to observable data by either adjusting the gross carrying amount of the asset to market value or by determining the market value of the carrying value and adjusting the gross carrying amount proportionately so that the resulting carrying amount equals the market value. In addition, the accumulated depreciation or amortization is the difference between the gross and carrying amounts of the asset. This amendment does not have any impact in the Company&#8217;s financial statements, since the Company does not revalue its assets in accordance with IAS 16 and IAS 38.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">IAS 24 Related Party Disclosures</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The amendment is applied retrospectively and clarifies that a management entity (an entity that provides key management personnel services) is a related party subject to the related party disclosures. In addition, an entity that uses a management entity is required to disclose the expenses incurred for management services.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">This amendment is not relevant for the Company as it does not receive any management services from other entities.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Annual Improvements 2011-2013 Cycle</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">These improvements are effective from 1 July 2014 and the Company has applied these amendments for the first time in these consolidated financial statements. They include:</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">IFRS 13 Fair Value Measurement</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The amendment is applied prospectively and clarifies that the portfolio exception in IFRS 13 can be applied not only to financial assets and financial liabilities, but also to other contracts within the scope of IAS 39. The Company does not apply the portfolio exception in IFRS 13.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">IFRS 15 Revenue from Contracts with Customers</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">IFRS 15 was issued in May 2014 and establishes a new five-step model that will apply to revenue arising from contracts with customers. Under IFRS 15 revenue is recognized at an amount that reflects the consideration to which an entity expects to be entitled in exchange to transferring goods or services to a customer. The principles in IFRS 15 provide a more structured approach to measuring and recognizing revenue.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The new revenue standard is applicable to all entities and will supersede all current revenue recognition requirements under IFRS. Either a full or modified retrospective application is required for annual periods beginning on or after January 1, 2018 with early adoption permitted. The Company is currently assessing the impact of IFRS 15 and plans to adopt the new standard on the required effective date.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">IFRS 16 Leases</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">IFRS 16 was issued in January 2016 and sets out the principles for the recognition, measurement, presentation and disclosure of leases for both parties to a contract, i.e. the customer (&#8216;lessee&#8217;) and the supplier (&#8216;lessor&#8217;). 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 under IAS 17, Leases. The lessee is required to recognize the present values of future lease payments and showing them either as lease assets (right-of-use assets) or together with property, plant and equipment, and also recognizing a financial liability representing its obligation to make future lease payments. IFRS 16 does not require a company to recognize assets and liabilities for (a) short-term leases (i.e. leases of 12 months or less), and (b) leases of low-value assets.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">IFRS 16 is effective starting January 1, 2019 and it may be applied before the effective date if IFRS 15 is also applied at the same time.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The Company has many leases as disclosed in Note 14. As a result, IFRS 16 will change the manner of accounting for those leases. The Company is currently evaluating the impact of IFRS 16 on its consolidated financial statements and plans to adopt the new standard on the required effective date.</div>

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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Annual Improvements 2012-2014 Cycle</div>

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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">These improvements are effective for annual periods beginning on or after 1 January 2016. They include:</div>

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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">IAS 19 Employee Benefits</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The amendment clarifies that market depth of high quality corporate bonds is assessed based on the currency in which the obligation is denominated, rather than the country where the obligation is located. When there is no deep market for high quality corporate bonds in that currency, government bond rates must be used. This amendment must be applied prospectively. The Company is currently evaluating the impact of IAS 19 on its consolidated financial statements.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">IAS 34 Interim Financial Reporting</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The amendment clarifies that the required interim disclosures must either be in the interim financial statements or incorporated by cross-reference between the interim financial statements and wherever they are included within the interim financial report. The other information within the interim financial report must be available to users on the same terms as the interim financial statements and at the same time. This amendment must be applied retrospectively.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">These amendments are not expected to have any impact on the Company.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Amendments to IAS 1 Disclosure Initiative</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The amendments to IAS 1 Presentation of Financial Statements clarify, rather than significantly change, existing IAS 1 requirements. The amendments clarify: (a) the materiality requirements in IAS 1; (b) that specific line items in the statement(s) of profit or loss and OCI and the statement of financial position may be disaggregated; (c) that entities have flexibility as to the order in which they present the notes to financial statements; and (d) that the share of OCI of associates and joint ventures accounted for using the equity method must be presented in aggregate as a single line item, and classified between those items that will or will not be subsequently reclassified to profit or loss.</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Furthermore, the amendments clarify the requirements that apply when additional subtotals are presented in the statement of financial position and the statement(s) of profit or loss and OCI. These amendments are effective for annual periods beginning on or after 1 January 2016, with early adoption permitted. These amendments are not expected to have any impact on the Company.</div>

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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">3.&#160;&#160;Significant accounting judgments, estimates and assumptions</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The preparation of these unaudited interim condensed consolidated financial statements in accordance with IAS 34 requires management to make estimates, assumptions and judgments that affect the reported amount of assets and liabilities, revenues and expenses, and related disclosures of contingent assets and liabilities at the date of the Company&#8217;s unaudited interim condensed consolidated financial statements.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">4. Convenience translation</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">U.S. dollar amounts at March 31, 2016 shown in the unaudited interim condensed consolidated financial statements have been included solely for the convenience of the reader and are translated from Mexican pesos, using an exchange rate of Ps.17.4015 per U.S. dollar, as reported by the Mexican Central Bank <font style="FONT-STYLE: italic; DISPLAY: inline">(Banco de M&#233;xico)</font> as the rate for the payment of obligations denominated in foreign currency payable in Mexico in effect on March 31, 2016. Such translation should not be construed as a representation that the peso amounts have been or could be converted into U.S. dollars at this or any other rate. The referred information in U.S. dollars is solely for information purposes and does not represent the amounts are in accordance with IFRS or the equivalent in U.S. dollars in which the transactions were conducted or in which the amounts presented in Mexican pesos can be translated or realized.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">5. Seasonality of operations</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The results of operations for any interim period are not necessarily indicative of those for the entire year because the business is subject to seasonal fluctuations. The Company expect demand to be greater during the summer in the northern hemisphere, in December and around Easter, which can fall either in the first or second quarter, compared to the rest of the year. The Company and subsidiaries generally experience their lowest levels of passenger traffic in February, September and October, given their proportion of fixed costs, seasonality can affect their profitability from quarter to quarter. This information is provided to allow for a better understanding of the results, however management has concluded that this does not constitute &#8220;highly seasonal&#8221; as considered by IAS 34.</div>

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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Financial risk management</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The Company&#8217;s activities are exposed to different financial risks derived from exogenous variables which are not under its control but whose effects might be potentially adverse such as: (i) market risk, (ii) credit risk, and (iii) liquidity risk. The Company&#8217;s global risk management program is focused on uncertainty in the financial markets and tries to minimize the potential adverse effects on the net earnings and working capital requirements. The Company uses derivative financial instruments to hedge part of these risks. The Company does not engage derivatives for trading or speculative purposes.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The sources of these financial risks exposures are included in both &#8220;on balance sheet&#8221; exposures, such as recognized financial assets and liabilities, as well as in &#8220;off-balance sheet&#8221; contractual agreements and on highly expected forecasted transactions. These on and off-balance sheet exposures, depending on their profiles, do represent potential cash flow variability exposure, in terms of receiving less inflows or facing the need to meet outflows which are higher than expected, therefore increase the working capital requirements. Also, since adverse movements also erode the value of recognized financial assets and liabilities, as well some other off-balance sheet financial exposures such as operating leases, there is a need for value preservation, by transforming the profiles of these fair value exposures.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The Company has a Finance and Risk Management team, which identifies and measures financial risk exposures, as well as design strategies to mitigate or transform the profile of certain risk exposures, which are taken up to the Corporate Governance level for approval.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Market ri<a id="page_f52" name="page_f52"><!--EFPlaceholder--></a><a id="page_f58" name="page_f58"><!--EFPlaceholder--></a><a id="page_f61" name="page_f61"><!--EFPlaceholder--></a><a id="page_f63" name="page_f63"><!--EFPlaceholder--></a><a id="page_f66" name="page_f66"><!--EFPlaceholder--></a>sk</div>

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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">a)&#160;&#160;Jet fuel price risk</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Since the contractual agreements with jet fuel suppliers include reference to jet fuel index, the Company is exposed to fuel price risk and its fuel price risk on its forecasted consumption volumes. The Company&#8217;s jet fuel risk management policy aims to provide the Company with protection against increases in fuel prices. In pursuing this objective, the risk management policy allows the use of derivative financial instruments available on the over the counter (&#8220;OTC&#8221;) markets with approved counterparties and within approved limits. Aircraft jet fuel consumed in the three months ended March 31, 2016 and 2015 represented 28% and 31%, of the Company&#8217;s operating expenses, respectively.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">During the three months ended March 31, 2016 the Company did not enter into US Gulf Coast Jet Fuel 54 Asian swap contracts, however during the three months ended March 31, 2015, the Company entered into US Gulf Coast Jet Fuel 54 Asian swap contracts to hedge approximately 19%, of its fuel consumption, and were accounted for as cash flow hedges (&#8220;CFH&#8221;) that gave rise to a loss of Ps.105,910. These instruments were formally designated and qualified for hedge accounting and accordingly, the effective portion is allocated within other comprehensive income, while the effects to transforming into a fixed jet fuel prices by these hedges are presented as part of fuel as part of operating expenses when recognized in the unaudited interim condensed consolidated statements of operations. All of the Company&#8217;s position in US Gulf Coast Jet Fuel 54 swaps position matured on June 30, 2015, and therefore there is no balance outstanding as of March 31, 2016.</div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block">9.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">During the three months period ended March 31, 2016 and 2015, the Company entered into US Gulf Coast Jet fuel 54 Asian call options designated to hedge 81,363 and 51,475 thousand gallons, which represent a portion of the projected consumption for the 2017 and 2018, and 2015 and 2016, respectively.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The Company decided to early adopted IFRS 9 (2013), beginning on October 1, 2014, which allows the Company to separate the intrinsic value and time value of an option contract and to designate as the hedging instrument only the change in the intrinsic value of the option. Because the external value (time value) of the Asian call options are related to a &#8220;transaction related hedged item,&#8221; it is required to be segregated and accounted for as a &#8220;cost of hedging&#8221; in other comprehensive income (&#8220;OCI&#8221;) and accrued as a separate component of stockholders&#8217; equity until the related hedged item affects profit and loss.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Since monthly forecasted jet fuel consumption is considered the hedged item of the &#8220;related to a transaction&#8221; type, then the time value included as accrued changes on external value in capital is considered as a &#8220;cost of hedging&#8221; under IFRS 9 (2013). The hedged item (jet fuel consumption) of the options contracted by the Company represents a non-financial asset (energy commodity), which is not in the Company&#8217;s inventory. Instead, it is directly consumed by the Company&#8217;s aircraft at different airport terminals. Therefore, although a non-financial asset is involved, its initial recognition does not generate a book adjustment in the Company&#8217;s inventories. Rather, it is initially accounted for in the Company&#8217;s OCI and a reclassification adjustment is made from OCI toward the profit and loss and recognized in the same period or periods during which the hedged item is expected to be allocated to profit and loss. Furthermore, the Company hedges its forecasted jet fuel consumption month after month, which is congruent with the maturity date of the monthly serial Asian call options.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">As of March 31, 2016 and December 2015, the fair value of the outstanding US Gulf Coast Jet Fuel Asian call options was a gain of Ps.332,859 and Ps.78,725, respectively, and is presented as part of the financial assets in the consolidated statement of financial position.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The amount of cost of hedging derived from the extrinsic value changes of these options as of March 31, 2016 and December 31, 2015 recognized in other comprehensive income totals Ps.625,571 and Ps.365,028, respectively, and will be recycled to the fuel cost throughout 2016 and until 2017, as these options expire on a monthly basis.</div>

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</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">During the three months period ended March 31, 2016 and 2015, the extrinsic value of these options recycled to the fuel cost was Ps.51,787 and Ps.2,072, respectively.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The following table includes the notional amounts and strike prices of the derivative financial instruments outstanding as of the end of the year:</div>

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<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">10.</div>

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</div>

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<td style="WIDTH: 30%" valign="bottom">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 30%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td valign="bottom" colspan="27">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Position as of March 31, 2016</div>
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<td style="WIDTH: 30%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td valign="bottom" colspan="27">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Jet fuel Asian call option contracts maturities</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; WIDTH: 30%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Jet fuel risk</div>
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<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; WIDTH: 7%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2Q16</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; WIDTH: 7%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2H16</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2016 Total</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; WIDTH: 7%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">1H17</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; WIDTH: 7%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2H17</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2017 Total</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; WIDTH: 7%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">1H 18</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 30%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Notional volume in gallons (thousands)*</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 7%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">27,899</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 7%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">55,647</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 7%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">83,546</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 7%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">55,436</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 7%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block"></div>

<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">63,362</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 7%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block"></div>

<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">118,797</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 7%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block"></div>

<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">17,268</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 30%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Strike price agreed rate per gallon</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;(U.S. dollars)**</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">US$1.9488</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">US$1.9867</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">US$1.9740</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">US$1.6245</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff" valign="bottom" colspan="3">
<div style="TEXT-INDENT: 0pt; DISPLAY: block"></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"></div>

<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">US$1.4182</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff" valign="bottom" colspan="3">
<div style="TEXT-INDENT: 0pt; DISPLAY: block"></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"></div>

<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">US$1.5145</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff" valign="bottom" colspan="3" align="left">
<div style="TEXT-INDENT: 0pt; DISPLAY: block"></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"></div>

<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">US$1.4438</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 30%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Approximate percentage of hedge</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;(of expected consumption value)</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 7%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">62%</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 7%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">53%</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 7%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">56%</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 7%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">50%</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 7%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">50%</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 7%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">50%</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 7%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">12%</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>
</td>
</tr>
</table>

<div>&#160;</div>

<div>
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">* US Gulf Coast Jet 54 as underlying asset</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">** Weighted average</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;</div>
</div>

<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="ae2cebe26fe2485ab11d036c32345fd1" border="0" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 28%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="WIDTH: 72%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Position as of December 31, 2015</div>
</td>
</tr>

<tr>
<td style="WIDTH: 28%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="WIDTH: 72%" valign="top">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Jet fuel Asian call option contracts maturities</div>
</td>
</tr>
</table>

<div>&#160;</div>

<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="d37cbdebcc2d4c3e9ed4dddb99883938" cellspacing="0" cellpadding="0">
<tr>
<td style="PADDING-BOTTOM: 2px" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Jet fuel risk</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1H16</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2H16</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2016 Total</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1H17</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2H17</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2017 Total</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Notional volume in gallons (thousands)*</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">51,840</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">55,647</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">107,487</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">42,450</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block"></div>

<div style="DISPLAY: block"></div>

<div style="DISPLAY: block"></div>

<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">12,252</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block"></div>

<div style="DISPLAY: block"></div>

<div style="DISPLAY: block"></div>

<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">54,702</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Strike price agreed rate per gallon</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;(U.S. dollars)**</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">US$1.9451</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">US$1.9867</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">US$1.9666</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">US$1.7142</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff" valign="bottom" colspan="3">
<div style="TEXT-INDENT: 0pt; DISPLAY: block"></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"></div>

<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">US$1.5933</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff" valign="bottom" colspan="3">
<div style="TEXT-INDENT: 0pt; DISPLAY: block"></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"></div>

<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">US$1.6871</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 28%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Approximate percentage of hedge (of expected consumption value)</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">59%</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">53%</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">55%</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">38%</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">10%</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">23%</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</div>
</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">* US Gulf Coast Jet 54 as underlying asset</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">** Weighted average</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">b)&#160;&#160;Foreign currency risk</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Foreign currency risk is the risk that the fair value of future cash flows will fluctuate because of changes in foreign exchange rates. The Company&#8217;s exposure to the risk of changes in foreign exchange rates relates primarily to the Company&#8217;s operating activities; when revenue or expense is denominated in a different currency from the Company&#8217;s functional currency (including the amounts payable arising from U.S. dollar denominated expenses and U.S. dollars linked expenses and payments). To mitigate this risk, the Company may use foreign exchange derivative financial instruments.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Most of the Company&#8217;s revenue is generated in Mexican pesos, although 33% of its revenues came from operations in the United States of America and Central America for the three months ended at March 31, 2016 (31% for the three months ended March 31, 2015) and U.S. dollar denominated collections accounted for 41% and 36% of the Company&#8217;s total collections as of March 31, 2016 and December 2015, respectively. However, certain of its expenditures, particularly those related to aircraft leasing and acquisition, are U.S. dollar denominated also and although jet fuel for those flights originated in Mexico are paid in Mexican pesos, the price formula is impacted by the Mexican Pesos /U.S. dollars exchange rate. The Company&#8217;s foreign exchange on and off-balance sheet exposure as of March 31, 2016 and December 31, 2015 is as set forth below:</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
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</div>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">11.</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="331addf2994c4186b42a6324ef133529" cellspacing="0" cellpadding="0">
<tr>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td valign="bottom" colspan="6">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Thousands of U.S. dollars</div>
</td>
<td style="TEXT-ALIGN: left; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="PADDING-BOTTOM: 2px; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">March 31,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2016</div>
</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">December 31,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">2015</div>
</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Assets:</div>
</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Cash and cash equivalents</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">US$&#160;301,600</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">US$&#160;202,022</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Other accounts receivable</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">15,466</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">5,286</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Aircraft maintenance deposits paid to lessors</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">302,088</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">286,012</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Pre-delivery payments*</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">80,443</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">108,779</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Deposits for rental of flight equipment</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">27,654</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">36,331</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Derivative financial instruments</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">19,128</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">4,575</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total assets</div>
</td>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">746,379</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">643,005</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Liabilities:</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Financial debt</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">63,274</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">92,466</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Foreign suppliers</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">63,349</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">40,673</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Taxes and fees payable</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">13,109</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">7,705</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Derivative financial instruments</div>
</td>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">2,678</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">3,242</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total liabilities</div>
</td>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">142,410</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">144,086</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #cceeff" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net foreign currency position</div>
</td>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">US$&#160;603,969</div>
</td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: black 4px double; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">US$&#160;498,919</div>
</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">*These assets are included as part of rotable spare parts, furniture and equipment, and therefore are not remeasured.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The exchange rates used to translate the above amounts to Mexican pesos at March 31, 2016 and December 31, 2015 were Ps.17.4015 pesos and Ps.17.2065 pesos, respectively, per U.S. dollar.</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="7e956f654a3a4ab6ad1dcebe3a78a8b3" cellspacing="0" cellpadding="0">
<tr>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td valign="bottom" colspan="6">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Thousands of U.S. dollars</div>
</td>
<td style="TEXT-ALIGN: left; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="BORDER-BOTTOM: #000000 2px solid; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Off-balance sheet transactions exposure:</div>
</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Aircraft operating leases (Note 12)</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff" valign="bottom" colspan="2" align="left">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">US$&#160;1,273,354</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff" valign="bottom" colspan="2" align="left">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">US$&#160;1,216,799</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Aircraft and engine commitments (Note 15)</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">351,615</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">353,528</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #cceeff" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total foreign currency</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff" valign="bottom" colspan="2" align="left">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">US$&#160;1,624,969</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff" valign="bottom" colspan="2" align="left">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">US$&#160;1,570,327</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">As of March 31, 2016 and December 31, 2015, the Company did not enter into foreign exchange rate derivatives financial instruments.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">c)&#160;&#160;Interest rate risk</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Interest rate risk is the risk that the fair value of future cash flows will fluctuate because of changes in market interest rates. The Company&#8217;s exposure to the risk of changes in market interest rates relates primarily to the Company&#8217;s long-term debt obligations and flight equipment operating lease agreements with floating interest rates.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The Company&#8217;s results are affected by fluctuations in certain benchmark market interest rates due to the impact that such changes may have on operational lease payments indexed to the London Inter Bank Offered Rate (&#8220;LIBOR&#8221;). The Company uses derivative financial instruments to reduce its exposure to fluctuations in market interest rates and accounts for these instruments as an accounting hedge. In general, when a derivative can be defined within the terms and cash flows of a leasing agreement, this may be designed as a &#8220;cash flow hedge&#8221; and the effective portion of fair value variations are recorded in equity until the date the cash flow of the hedged lease payment is recognized in earnings.</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">At March 31, 2016 and December 31, 2015, the Company had outstanding hedging contracts in the form of interest rate swaps with notional amount of US$70,000 and fair value of Ps.46,599 and Ps.55,774, respectively, recorded in liabilities. For the three months ended March 31, 2016 and 2015, the reported loss on the interest rate swaps was Ps.12,825 and Ps.11,149, respectively, which was recognized as part of rental expense in the consolidated statements of operations.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The following table illustrates the sensitivity of financial instruments on the Company&#8217;s accumulated other comprehensive income (due to changes in the fair value of forward contracts) to a reasonably possible change in LIBOR interest rates. The calculations are based on financial instruments held at each consolidated statement of financial position date and were made increasing (decreasing) 100 basis points to the LIBOR curve. All other variables were held constant.</div>

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<td style="WIDTH: 75%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Position at</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">March 31,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">&#160;2016</div>
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<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
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<td style="PADDING-BOTTOM: 2px; WIDTH: 75%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Increase (decrease) in curve</div>
</td>
<td style="PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">effect on equity</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">(thousands of</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">U.S. dollars)</div>
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<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
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<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 75%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">+100 basis points</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 3%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">US$</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 20%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;537.93</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 75%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">- 100 basis points</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 3%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 20%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">(548.66</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">)</td>
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</div>

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</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">d)&#160;&#160;Liquidity risk</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Liquidity risk represents the risk that the Company has insufficient funds to meet its obligations.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Because of the cyclical nature of the business, the operations, and its investment and financing needs related to the acquisition of new aircraft and renewal of its fleet, the Company requires liquid funds to meet its obligations.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The Company attempts to manage its cash and cash equivalents and its financial assets, relating the term of investments with those of its obligations. Its policy is that the average term of its investments may not exceed the average term of its obligations. This cash and cash equivalents position is invested in highly-liquid short-term instruments through financial entities.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The Company has future obligations related to maturities of bank borrowings and derivative contracts. The Company&#8217;s off-balance sheet exposure represents the future obligations related to operating lease contracts and aircraft purchase contracts. The Company concluded that it has a low concentration of risk since it has access to alternate sources of funding.</div>

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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The table below presents the Company&#8217;s contractual principal payments required on its financial liabilities and the derivative financial instruments fair value:</div>

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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">13<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">.</font></div>

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<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">March 31, 2016&#160;</td>
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<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; WIDTH: 9.04%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
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<td style="WIDTH: 64.02%" valign="bottom" align="left">&#160;</td>
<td style="WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9.04%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9.04%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9.04%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr>
<td style="WIDTH: 64.02%" valign="bottom" align="left">&#160;</td>
<td style="WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">Within one&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9.04%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">One to five</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9.04%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; WIDTH: 64.02%; FONT-WEIGHT: bold" valign="bottom" align="left"></td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom"></td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; WIDTH: 9.04%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">year&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">years&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; WIDTH: 9.04%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Total</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
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<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 64.02%; FONT-WEIGHT: bold" valign="bottom" align="left">Interest-bearing borrowings:</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9.04%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9.04%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; TEXT-INDENT: -9pt; WIDTH: 1%; MARGIN-LEFT: 9pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9.04%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 64.02%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160; Pre-delivery payments facilities (Note 5)</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9.04%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">839,585</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9.04%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">255,588</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9.04%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">1,095,173</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 64.02%; DISPLAY: inline; FONT-FAMILY: times new roman; MARGIN-LEFT: 9pt; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9.04%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9.04%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9.04%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 64.02%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Derivative financial instruments:</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9.04%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9.04%; DISPLAY: inline; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9.04%; DISPLAY: inline; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 64.02%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Interest rate swaps contracts</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9.04%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">44,577&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9.04%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">2,022</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9.04%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">46,599&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 64.02%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9.04%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">884,162</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9.04%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">257,610</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9.04%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">1,141,772</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
&#160;

<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="2b2da3ea6a584cd8adb73277821138f9" cellspacing="0" cellpadding="0">
<tr>
<td style="PADDING-BOTTOM: 2px; WIDTH: 64.02%" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; WIDTH: 9.04%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" colspan="3">&#160;December 31, 2015&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 64.02%; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 64.02%; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: center; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">Within one </td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">One to five</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; WIDTH: 64.02%; FONT-WEIGHT: normal" valign="bottom" align="left"></td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom"></td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">year </div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">years </td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Total</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 64.02%; FONT-WEIGHT: normal" valign="bottom" align="left">Interest-bearing borrowings:</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; TEXT-INDENT: -9pt; WIDTH: 1%; MARGIN-LEFT: 9pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 64.02%; FONT-WEIGHT: normal" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Pre-delivery payments facilities (Note 5)</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,363,861</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">219,817</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,583,678</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 64.02%; DISPLAY: inline; FONT-FAMILY: times new roman; MARGIN-LEFT: 9pt; FONT-SIZE: 10pt; FONT-WEIGHT: normal" valign="bottom"></td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom"></td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9.04%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9.04%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9.04%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 64.02%; FONT-WEIGHT: normal" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Derivative financial instruments:</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9.04%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom"></td>
<td style="TEXT-ALIGN: right; WIDTH: 9.04%; DISPLAY: inline; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom"></td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom"></td>
<td style="TEXT-ALIGN: right; WIDTH: 9.04%; DISPLAY: inline; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom"></td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 64.02%; FONT-WEIGHT: normal" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Interest rate swaps contracts</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9.04%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">44,301</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9.04%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">11,473</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9.04%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">55,774</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 64.02%; FONT-WEIGHT: normal" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,408,162</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">231,290</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9.04%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,639,452</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

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</div>

<div style="TEXT-ALIGN: left">e)&#160;&#160;Credit risk</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Credit risk is the risk that any counterparty will not meet its obligations under a financial instrument or customer contract, leading to a financial loss. The Company is exposed to credit risk from its operating activities (primarily for trade receivables) and from its financing activities, including deposits with banks and financial institutions, foreign exchange transactions and other financial instruments including derivatives.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Financial instruments that expose the Company to credit risk involve mainly cash equivalents and accounts receivable. Credit risk on cash equivalents relate to amounts invested with major financial institutions.</div>

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</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Credit risk on accounts receivable relates primarily to amounts receivable from the major international credit card companies.</div>

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</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The Company has a high receivable turnover; hence management believes credit risk is minimal due to the nature of its businesses, which have a large portion of their sales settled in credit cards.</div>

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</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies.</div>

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<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">14<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">.</font></div>

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</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Some of the outstanding derivative financial instruments expose the Company to credit loss in the event of nonperformance by the counterparties to the agreements. However, the Company does not expect any of its counterparties to fail to meet their obligations. The amount of such credit exposure is generally the unrealized gain, if any, in such contracts. To manage credit risk, the Company selects counterparties based on credit assessments, limits overall exposure to any single counterparty and monitors the market position with each counterparty. The Company does not purchase or hold derivative financial instruments for trading purposes. At March 31, 2016, the Company concluded that its credit risk related to its outstanding derivative financial instruments is low, since it has no significant concentration with any single counterparty and it only enters into derivative financial instruments with banks with high credit-rating assigned by international credit-rating agencies.</div>

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</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">f)&#160;&#160;Capital management</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Management believes that the resources available to the Company are sufficient for its present requirements and will be sufficient to meet its anticipated requirements for capital expenditures and other cash requirements for the 2017 fiscal year.</div>

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</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The primary objective of the Company&#8217;s capital management is to ensure that it maintains healthy capital ratios to support its business and maximize the shareholder&#8217;s value. No changes were made in the objectives, policies or processes for managing capital during the three months ended March 31, 2016 and 2016. The Company is not subject to any externally imposed capital requirement, other than the legal reserve (Note 13).</div>

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</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">7.&#160;&#160;Fair value measurements</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The only financial assets and liabilities recognized at fair value on a recurring basis are the derivative financial instruments.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Fair value is the price that would be received from sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction to sell the asset or transfer the liability takes place either:</div>

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<td style="WIDTH: 27pt">
<div style="TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">(i)</div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">In the principal market for the asset or liability, or</div>
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</div>

<div>
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<tr valign="top">
<td style="WIDTH: 27pt">
<div style="TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">(ii)</div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">In the absence of a principal market, in the most advantageous market for the asset or liability.</div>
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</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The principal or the most advantageous market must be accessible to the Company.</div>

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</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The fair value of an asset or a liability is measured using the assumptions that market participants would use when pricing the asset or liability, assuming that market participants act in their economic best interest.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">A fair value measurement of a non-financial asset takes into account a market participant's ability to generate economic benefits by using the asset in its highest and best use or by selling it to another market participant that would use the asset in its highest and best use.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The Company uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximizing the use of relevant observable inputs and minimizing the use of unobservable inputs.</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">15<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">.</font></div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">All assets and liabilities for which fair value is measured or disclosed in the financial statements are categorized within the fair value hierarchy, described as follows, based on the lowest level input that is significant to the fair value measurement as a whole:</div>

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<div style="TEXT-ALIGN: left; FONT-FAMILY: Symbol, serif; FONT-SIZE: 10pt">&#183;&#160;&#160;</div>
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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Level 1 &#8211; Quoted (unadjusted) prices in active markets for identical assets or liabilities.</div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
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<div>
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<td style="TEXT-ALIGN: left; WIDTH: 27pt">
<div style="TEXT-ALIGN: left; FONT-FAMILY: Symbol, serif; FONT-SIZE: 10pt">&#183;&#160;&#160;</div>
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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Level 2 &#8211; Valuation techniques for which the lowest level input that is significant to the fair value measurement is directly or indirectly observable.</div>
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</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div>
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<tr valign="top">
<td style="TEXT-ALIGN: left; WIDTH: 27pt">
<div style="TEXT-ALIGN: left; FONT-FAMILY: Symbol, serif; FONT-SIZE: 10pt">&#183;&#160;&#160;</div>
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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Level 3 &#8211; Valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable.</div>
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</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">For assets and liabilities that are recognized in the financial statements on a recurring basis, the Company determines whether transfers have occurred between levels in the hierarchy by re-assessing categorization (based on the lowest level input that is significant to the fair value measurement as a whole) at the end of each reporting period. For the purpose of fair value disclosures, the Company has determined classes of assets and liabilities on the basis of the nature, characteristics and risks of the asset or liability and the level of the fair value hierarchy as explained above.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Set out below, is a comparison by class of the carrying amounts and fair values of the Company&#8217;s financial instruments, other than those for which carrying amounts are reasonable approximations of fair values:</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="6b2e457c75294967b266cfe3cef46030" cellspacing="0" cellpadding="0">
<tr>
<td valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: center; VERTICAL-ALIGN: bottom" valign="bottom" colspan="6"><font style="FONT-WEIGHT: bold">Carrying amount</font>&#160;&#160;&#160;&#160;&#160;</td>
<td style="TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="6">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Fair value&#160;&#160;&#160;</div>
</td>
<td style="TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">March 31,</div>
</td>
<td style="TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">December 31,</div>
</td>
<td style="TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">March 31,</div>
</td>
<td style="TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">December 31,</div>
</td>
<td style="TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="FONT-WEIGHT: bold" valign="bottom" align="left">Assets</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Derivative financial instruments</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">332,859</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">78,725</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">332,859</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">78,725</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 52%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Liabilities</div>
</td>
<td style="TEXT-ALIGN: right; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Financial debt*</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">(1,095,173</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">)</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">(1,583,678</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">)</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">(1,097,020</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">)</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">(1,587,889</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">)</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Derivative financial instruments</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">(46,599</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">)</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">(55,774</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom" nowrap="nowrap">)</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">(46,599</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">)</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">(55,774</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">)</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #cceeff; WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(808,913</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">)</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(1,560,727</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(810,760</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">)</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(1,564,938</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</div>
</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">*Floating rate borrowing</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">16.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The following table summarizes the fair value measurements at March 31, 2016:</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="9906d57b00bf4b5dac1f23272b73acb6" cellspacing="0" cellpadding="0">
<tr>
<td style="PADDING-BOTTOM: 2px; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="14">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Fair value measurement&#160;&#160;&#160;</div>
</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Quoted prices</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">in active</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">markets</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Level 1</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Significant</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">observable</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">inputs</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Level 2</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Significant unobservable</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">inputs</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Level 3</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Total</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Assets</div>
</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Derivatives financial instruments:</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 52%" valign="bottom" align="left">&#160; Jet fuel Asian call options contracts*</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom"><font style="FONT-WEIGHT: bold">Ps</font><font style="FONT-WEIGHT: bold">.</font></td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">-&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom"><font style="FONT-WEIGHT: bold">&#160;</font>Ps. </td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">332,859</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;Ps.</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">-&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;Ps.</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">332,859</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 52%" valign="bottom" align="left">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 52%" valign="bottom" align="left"><font style="FONT-WEIGHT: bold">Liabilities</font> </td>
<td style="WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 52%" valign="bottom" align="left">&#160; Derivatives financial instruments:</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Interest rate swap contracts**</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">-</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(46,599</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">)</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">-</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(46,599</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">)</div>
</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-INDENT: 0pt; DISPLAY: block">Liabilities for which fair values are disclosed:</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Interest-bearing loans and</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;&#160;&#160;borrowings**</div>
</td>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">-</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(1,097,020</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">)</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">-</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(1,097,020</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">)</div>
</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; FONT-WEIGHT: bold" valign="bottom" align="left">Net</td>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;<font style="FONT-WEIGHT: bold">Ps.</font></td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">-</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;Ps.</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">(810,760</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">)</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;Ps. </td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">-&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">Ps.</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">( 810,760</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">)</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">* Jet fuel forwards levels and LIBOR curve.</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">** LIBOR curve.</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">There were no transfers between level 1 and level 2 during the period.</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The following table summarizes the fair value measurements at December 31, 2015:</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="a187959ff80c417faa0e936504214a6e" cellspacing="0" cellpadding="0">
<tr>
<td style="PADDING-BOTTOM: 2px" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="3">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="7">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Fair value measurement&#160;&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="3">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Quoted prices</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">in active</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">markets</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Level 1</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Significant</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">observable</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">inputs</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Level 2</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Significant unobservable</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">inputs</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Level 3</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; VERTICAL-ALIGN: bottom" valign="bottom" colspan="3">Total </td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td valign="bottom" align="left">Assets</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="3">&#160;</td>
<td style="TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="3">&#160;</td>
<td style="TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="3">&#160;</td>
<td style="TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="3">&#160;</td>
<td style="TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff" valign="bottom" align="left">&#160; Derivatives financial instruments:</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom" valign="bottom" colspan="3">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom" valign="bottom" colspan="3">&#160;</td>
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</tr>

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<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 52%" valign="bottom" align="left">
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</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">78,725</div>
</td>
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</td>
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<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</div>
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</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">78,725</div>
</td>
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</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-INDENT: 0pt; DISPLAY: block">Liabilities</div>
</td>
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<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
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</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Derivatives financial instruments:</div>
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</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Interest rate swap contracts**</div>
</td>
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<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(55,774</div>
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<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(55,774</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</div>
</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-INDENT: 0pt; DISPLAY: block">Liabilities for which fair values are disclosed:</div>
</td>
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<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom"></td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
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<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom"></td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
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<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
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<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom"></td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Interest-bearing loans and</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;&#160;&#160;borrowings**</div>
</td>
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<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;-</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
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<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(1,587,889</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">)&#160;</td>
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<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">-</td>
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<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(1,587,889</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</div>
</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net</div>
</td>
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<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</div>
</td>
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<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">( 1,564,938</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">( 1,564,938</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</div>
</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">* Jet fuel forwards levels and LIBOR curve.</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">** LIBOR curve.</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">There were no transfers between level 1 and level 2 during the period.</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">17<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The following table summarizes the (loss) gain from derivatives financial instruments recognized in the consolidated statements of operations for the three months period ended March 31, 2016 and 2015:</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated statements of operations</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 80%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="0d84dd217fb24ea085bd70cc5db6a9b2" border="0" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Instrument</div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Financial statements line</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 38%" valign="bottom" align="left">Jet fuel swap contracts</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 38%" valign="bottom" align="left">Fuel</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">Ps.&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">-&#160;</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">Ps.&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">105,910</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 38%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Jet fuel Asian call options contracts</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 38%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Fuel</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">51,787</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">2,072</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 38%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Interest rate swap contracts</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 38%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Aircraft and engine&#160;rent expenses</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">12,825</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">11,149</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 38%" valign="bottom" align="left">&#160;Total</td>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 38%" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">64,612</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">119,131</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The following table summarizes the net (loss) gain on CFH before taxes recognized in the consolidated statements of comprehensive income as of March 31, 2016:</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated statements of other comprehensive income</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 80%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="2af57924eec54ff6b925371ac920aa1f" border="0" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Instrument</div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Financial statements line</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">March 31, 2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Jet fuel swap contracts</div>
</td>
<td valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">OCI</div>
</td>
<td valign="bottom" colspan="3" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; -</div>
</td>
<td style="TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 44%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Jet fuel Asian call options contracts</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 44%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">OCI</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">71,983</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 44%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Interest rate swap contracts</div>
</td>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 44%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">OCI</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">9,175</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #cceeff; WIDTH: 44%" valign="bottom" align="left">Total</td>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #cceeff; WIDTH: 44%" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">Ps.&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">81,158</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">8.&#160;&#160;Financial assets and liabilities</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">At March 31, 2016 and December 31, 2015 the Company&#8217;s financial assets are represented by cash and cash equivalents, trade and other accounts receivable, accounts receivable with carrying amounts that approximate their fair value.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">a)&#160;&#160;Financial assets</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="558c8920b5954419b1738c9077d4f282" cellspacing="0" cellpadding="0">
<tr>
<td style="PADDING-BOTTOM: 2px; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">March 31,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">December 31,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Derivative financial instruments designated as cash flow</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">&#160;&#160;hedges (effective portion recognized within OCI)</div>
</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Jet fuel Asian call options</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">332,859</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">78,725</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total financial assets</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">332,859</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">78,725</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Presented on the consolidated statements of financial</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;position as follows:</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #cceeff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Current</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">38,788</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">10,123</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">294,071</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">68,602</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">18<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
 &#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">b)&#160;&#160;Financial debt</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="list" cellspacing="0" cellpadding="0">
<tr valign="top">
<td style="WIDTH: 27pt" align="right">
<div style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(i)&#160;&#160;</div>
</td>
<td>
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">At&#160;&#160;March 31, 2016 and December 31, 2015, the Company&#8217;s short-term and long-term debt consists of the following:</div>
</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="935a130c5e0e4d77b2b004e6dd07207e" cellspacing="0" cellpadding="0">
<tr>
<td style="PADDING-BOTTOM: 2px; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">March 31,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">December 31,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="TEXT-ALIGN: justify; BACKGROUND-COLOR: #cceeff; WIDTH: 76%" valign="bottom">&#160;I.&#160; Revolving line of credit with Banco Santander M&#233;xico, S.A., Instituci&#243;n de Banca M&#250;ltiple, Grupo Financiero Santander (&#8220;Santander&#8221;) and Banco Nacional de Comercio Exterior, S.N.C. (&#8220;Bancomext&#8221;), in U.S. dollars, to finance pre-delivery payments, maturing on May 31, 2019, bearing annual interest rate at the three-month LIBOR plus an spread according to the contractual conditions of each disbursement in a range of 1.99 to 2.65 percentage points.</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps. </div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">1,095,173</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">Ps.</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">1,583,678</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: -36pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 36pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 9.15pt">II.Accrued interest</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">5,889</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">7,341</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">1,101,062</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">1,591,019</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Less: Short-term maturities</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">845,474</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">1,371,202</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #cceeff; WIDTH: 76%" valign="bottom" align="left">Long-term</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.&#160;&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">255,588</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">Ps.&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">219,817</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">(ii) The following table provides a summary of the Company&#8217;s contractual payments of financial debt and accrued interest at March 31, 2016:</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="7cc54f93a35c4d0b86248d5648d3cf8b" cellspacing="0" cellpadding="0">
<tr>
<td style="PADDING-BOTTOM: 2px; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Within one year</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2017</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-INDENT: 0pt; DISPLAY: block"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2018</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-INDENT: 0pt; DISPLAY: block"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Total</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Finance debt denominated in foreign currency:</div>
</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Santander/Bancomext</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">845,474</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">200,141</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">55,447</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">1,101,062</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 52%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">845,474</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">200,141</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">55,447</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">1,101,062</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">This loan agreement provides for certain covenants, including limits to the ability to, among others:</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="list" cellspacing="0" cellpadding="0">
<tr valign="top">
<td style="TEXT-ALIGN: left; WIDTH: 27pt">
<div style="TEXT-ALIGN: left; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">i)&#160;&#160;</div>
</td>
<td>
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Incur debt above a specified debt basket unless certain financial ratios are met.</div>
</td>
</tr>
</table>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="list" cellspacing="0" cellpadding="0">
<tr valign="top">
<td style="TEXT-ALIGN: left; WIDTH: 27pt">
<div style="TEXT-ALIGN: left; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">ii)&#160;&#160;</div>
</td>
<td>
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Create liens.</div>
</td>
</tr>
</table>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="list" cellspacing="0" cellpadding="0">
<tr valign="top">
<td style="TEXT-ALIGN: left; WIDTH: 27pt">
<div style="TEXT-ALIGN: left; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">iii)&#160;&#160;</div>
</td>
<td>
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Merge with or acquire any other entity without the previous authorization of the Banks.</div>
</td>
</tr>
</table>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="list" cellspacing="0" cellpadding="0">
<tr valign="top">
<td style="TEXT-ALIGN: left; WIDTH: 27pt">
<div style="TEXT-ALIGN: left; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">iv)&#160;&#160;</div>
</td>
<td>
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Dispose of certain assets.</div>
</td>
</tr>
</table>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="list" cellspacing="0" cellpadding="0">
<tr valign="top">
<td style="TEXT-ALIGN: left; WIDTH: 27pt">
<div style="TEXT-ALIGN: left; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt">v)</font>&#160;&#160;</div>
</td>
<td>
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Declare and pay dividends, or make any distribution on the Company&#8217;s share capital unless certain financial ratios are met.</div>
</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">At March 31, 2016 and December 31, 2015, the Company was in compliance with the covenants under the above-mentioned loan agreements.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">For purposes of financing the pre-delivery payments, Mexican trust structures were created whereby, the Company assigned its rights and obligations under the Airbus Purchase Agreement with Airbus S.A.S. (&#8220;Airbus&#8221;), including its obligation to make pre-delivery payments to the Mexican trusts, and the Company guaranteed the obligations of the Mexican trusts under the financing agreements.</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">19.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">c)&#160;&#160;Financial liabilities</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="8a270862ca594f96bcb8c8a5283956b0" cellspacing="0" cellpadding="0">
<tr>
<td style="PADDING-BOTTOM: 2px" valign="bottom" align="left"><font style="FONT-WEIGHT: bold">Derivative financial instruments designed as CFH</font>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">(effective portion recognized within OCI):</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">March 31,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; VERTICAL-ALIGN: bottom" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">December 31, </div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Interest rate swap contracts</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">46,599</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">55,774</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Jet Fuel Asian swap contracts</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">-</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #cceeff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total financial liabilities</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">46,599</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">55,774</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Presented on the consolidated statements of financial position as follows:</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">44,577</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">44,301</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 76%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-current</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2,022</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; FONT-WEIGHT: normal" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">11,473</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">9.&#160;&#160;Related parties</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">a)</font><font style="LETTER-SPACING: 9pt; COLOR: black" id="TAB2">&#160;</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">An analysis of balances due from/to related parties at March 31, 2016 and December 31, 2015 is provided below. All companies are considered affiliates, since the Company&#8217;s primary shareholders or directors are also direct or indirect shareholders of the related parties:</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="4f472c440bb641b79c5527fc9b41ac44" border="0" cellspacing="0" cellpadding="0">
<tr>
<td style="PADDING-BOTTOM: 2px; WIDTH: 30%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 21%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Type of transactions</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 12%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Country</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">of origin</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">March 31, 2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">December 31, 2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 11%" valign="bottom" align="left">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;<font style="DISPLAY: inline; FONT-WEIGHT: bold">Terms</font></div>
</td>
</tr>

<tr>
<td style="WIDTH: 30%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Due to:</div>
</td>
<td style="WIDTH: 21%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="WIDTH: 12%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 11%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 30%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;One Link, S.A. de C.V.</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 21%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Call center fees</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 12%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">El Salvador</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%" valign="bottom" align="left">&#160;Ps.</td>
<td style="BACKGROUND-COLOR: #cceeff" valign="bottom" colspan="2" align="left">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">14,546</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%" valign="bottom" align="right">Ps.&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff" valign="bottom" colspan="2" align="right">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">9,863</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom" align="left">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">30 days</div>
</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 30%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Aeromantenimiento, S.A.</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 21%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Aircraft and engine</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;maintenance</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 12%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">El Salvador</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">5,546</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">4,453</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 11%" valign="bottom" align="left">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">30 days</div>
</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 30%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Human Capital International HCI, S.A. de C.V.</div>
</td>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 21%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Professional fees</div>
</td>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 12%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Mexico</div>
</td>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">87</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">-</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 11%" valign="bottom" align="left">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">30 days</div>
</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 30%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 21%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: black 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%" valign="bottom" align="left">&#160;Ps.</td>
<td style="BORDER-BOTTOM: black 4px double; BACKGROUND-COLOR: #ffffff" valign="bottom" colspan="2" align="left">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">20,179</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="right">&#160;</td>
<td style="BORDER-BOTTOM: black 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%" valign="bottom" align="right">Ps.&#160;&#160;</td>
<td style="BORDER-BOTTOM: black 4px double; BACKGROUND-COLOR: #ffffff" valign="bottom" colspan="2" align="right">
<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">14,316</div>
</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 11%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">For the three months ended March 31, 2016 and for the year ended December 31, 2015, the Company did not recognize any impairment of receivables relating to amounts owed by related parties. This assessment is undertaken each financial year through examining the financial position of the related party and the market in which the related party operates.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="list" cellspacing="0" cellpadding="0">
<tr valign="top">
<td style="WIDTH: 18pt" align="right">
<div style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">b)&#160;&#160;</div>
</td>
<td>
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">During the three months ended March 31, 2016 and 2015, the Company had the following transactions with related parties:</div>
</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 80%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="89c4ae212c274cf18a8ce86deefac881" border="0" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Related party transactions</div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Country of origin</div>
</td>
<td style="PADDING-BOTTOM: 2px; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">2016</div>
</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">2015</div>
</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Expenses:</div>
</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 43%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Maintenance</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 33%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">El Salvador</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">53,654</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">26,504</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 43%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Fees</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 33%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Mexico/El Salvador</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">39,069</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">202</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 43%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Other</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 33%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Mexico/El Salvador</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">712</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">338</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">20.</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">c)&#160;&#160;Servprot</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Servprot S.A. de C.V. (&#8220;Servprot&#8221;) is a related party because Enrique Beltranena, the Company&#8217;s Chief Executive Officer, and Rodolfo Montemayor, a member of the board of directors, are shareholders of such company. Servprot provides security services for Mr. Beltranena and his family, as well as for Mr. Montemayor. During the three months ended March 31, 2016 and 2015 the Company expensed Ps.174 and Ps.197, respectively for this concept.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">d)&#160;&#160;Directors and officers</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">During the three months ended March 31, 2016 and 2015, all of the Company&#8217;s senior managers received an aggregate compensation of short and long-term benefits of Ps.44,623 and Ps.37,797, respectively.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Additionally, for the three months ended March 31, 2016 the cost of the share-based payments transactions (long-term incentive plan and management incentive plan) and the cash-settled payments transactions (share appreciation rights) was Ps.752 and Ps.34,432.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">During 2015, the Company adopted a new short-term benefit plan for certain personnel whereby cash bonuses are awarded meeting certain Company&#8217;s performance target. During the three months ended March 31, 2016, the Company recorded a provision by an amount of Ps.17,053.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">During the three months ended March 31, 2016 and 2015, the chairman and the independent members of the Company&#8217;s board of directors received an aggregate compensation of approximately Ps.1,468 and Ps.714, respectively, and the rest of the directors received a compensation of Ps.1,121 and Ps.802, respectively.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">10. Rotable spare parts, furniture and equipment, net</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">a) Acquisitions and disposals</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">During the three months ended March 31, 2016 and for the year ended December 31, 2015, the Company acquired rotable spare parts, furniture and equipment by an amount of Ps.201,135 and Ps.1,408,196, respectively.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Rotable spare parts, furniture and equipment by an amount of Ps.446,925 were disposed during the three months ended March 31, 2016. This amount included reimbursements of pre-delivery payments for aircraft acquisition of Ps.445,955.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">b) Depreciation expense</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Depreciation expense for the three months ended March 31, 2016 and 2015 was Ps.112,505 and Ps.94,750, respectively. Depreciation charges for the year are recognized as a component of operating expenses in the unaudited interim condensed consolidated statements of operations.</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
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</div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block">21.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">11.&#160;&#160;Intangible assets, net</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">a) Acquisitions</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">During the three months period ended March 31, 2016 and for the twelve months period ended December 31, 2015, the Company acquired intangible assets by an amount of Ps.10,606 and Ps.53,361 respectively.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">b) Amortization expense</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Software amortization expense for the three months ended March 31, 2016 and 2015 was Ps.7,415 and Ps.8,419, respectively. These amounts were recognized in depreciation and amortization in the unaudited interim condensed consolidated statements of operations.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">12.&#160;&#160;Operating leases</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The most significant operating leases are as follows:</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Aircraft and engine rent. At March 31, 2016, the Company leases 59 aircraft (56 as of December 31, 2015) and six spare engines under operating leases that have maximum terms through 2026. Rents are guaranteed by deposits in cash or letters of credit. The agreements contain certain covenants to which the Company is bound. The most significant covenants include the following:</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="list" cellspacing="0" cellpadding="0">
<tr valign="top">
<td style="TEXT-ALIGN: left; WIDTH: 27pt">
<div style="TEXT-ALIGN: left; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(i)&#160;&#160;</div>
</td>
<td>
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Maintain the records, licenses and authorizations required by the competent aviation authorities and make the corresponding payments.</div>
</td>
</tr>
</table>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="list" cellspacing="0" cellpadding="0">
<tr valign="top">
<td style="TEXT-ALIGN: left; WIDTH: 27pt">
<div style="TEXT-ALIGN: left; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(ii)&#160;&#160;</div>
</td>
<td>
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Provide maintenance services to the equipment based on the approved maintenance program.</div>
</td>
</tr>
</table>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="list" cellspacing="0" cellpadding="0">
<tr valign="top">
<td style="TEXT-ALIGN: left; WIDTH: 27pt">
<div style="TEXT-ALIGN: left; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(iii)&#160;&#160;</div>
</td>
<td>
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Maintain insurance policies on the equipment for the amounts and risks stipulated in each agreement.</div>
</td>
</tr>
</table>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="list" cellspacing="0" cellpadding="0">
<tr valign="top">
<td style="TEXT-ALIGN: left; WIDTH: 27pt">
<div style="TEXT-ALIGN: left; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(iv)&#160;&#160;</div>
</td>
<td>
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Periodic submission of financial and operating information to the lessors.</div>
</td>
</tr>
</table>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="list" cellspacing="0" cellpadding="0">
<tr valign="top">
<td style="TEXT-ALIGN: left; WIDTH: 27pt">
<div style="TEXT-ALIGN: left; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(v)&#160;&#160;</div>
</td>
<td>
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Comply with the technical conditions relative to the return of aircraft.</div>
</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">As of March 31, 2016, December 31, 2015, the Company was in compliance with the covenants under the above mentioned aircraft lease agreements.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Composition of the fleet, operating leases*:</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 75%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="bc5fd8421e0f4a4bb84054be67394a50" border="0" cellspacing="0" cellpadding="0" align="center">
<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 22%" valign="bottom">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Aircraft</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Type</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Model</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">At March 31,</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">At December 31, </div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="TEXT-ALIGN: center; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 9pt; WIDTH: 22%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">A319</td>
<td style="TEXT-ALIGN: right; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: center; BACKGROUND-COLOR: #cceeff; WIDTH: 23%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">132</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: center; BACKGROUND-COLOR: #cceeff; WIDTH: 23%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">6</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: center; BACKGROUND-COLOR: #cceeff; WIDTH: 23%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">6</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="TEXT-ALIGN: center; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 9pt; WIDTH: 22%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">A319</td>
<td style="TEXT-ALIGN: right; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: center; BACKGROUND-COLOR: #ffffff; WIDTH: 23%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">133</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: center; BACKGROUND-COLOR: #ffffff; WIDTH: 23%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">12</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: center; BACKGROUND-COLOR: #ffffff; WIDTH: 23%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">12</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="TEXT-ALIGN: center; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 9pt; WIDTH: 22%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">A320</td>
<td style="TEXT-ALIGN: right; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: center; BACKGROUND-COLOR: #cceeff; WIDTH: 23%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">233</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: center; BACKGROUND-COLOR: #cceeff; WIDTH: 23%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">35</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: center; BACKGROUND-COLOR: #cceeff; WIDTH: 23%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">32</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="TEXT-ALIGN: center; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 9pt; WIDTH: 22%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">A320</td>
<td style="TEXT-ALIGN: right; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: center; BACKGROUND-COLOR: #ffffff; WIDTH: 23%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">232</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: center; BACKGROUND-COLOR: #ffffff; WIDTH: 23%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">4</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: center; BACKGROUND-COLOR: #ffffff; WIDTH: 23%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">4</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="TEXT-ALIGN: center; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 9pt; WIDTH: 22%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">A321</td>
<td style="TEXT-ALIGN: right; PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: center; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 23%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">200</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; PADDING-BOTTOM: 2px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; BACKGROUND-COLOR: #cceeff; WIDTH: 23%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">2</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: center; BACKGROUND-COLOR: #cceeff; WIDTH: 23%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">2</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="TEXT-ALIGN: right; PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 9pt; WIDTH: 22%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; PADDING-BOTTOM: 4px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 23%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; PADDING-BOTTOM: 4px; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: center; BACKGROUND-COLOR: #ffffff; WIDTH: 23%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">59</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: center; BACKGROUND-COLOR: #ffffff; WIDTH: 23%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">56</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">* Certain of the Company&#8217;s aircraft and engine lease agreements include an option to extend the lease term period. Terms and conditions are subject to market conditions at the time of renewal.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">During the three months period, the Company incorporated three aircrafts to its fleet (all based on the terms of the Airbus purchase agreement). These new aircraft lease agreements were accounted for as operating leases.</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">22.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">During the year ended December 31, 2015, the Company incorporated seven aircraft to its fleet (five of them based on the terms of the Airbus purchase agreement and two from a lessor&#8217;s aircraft order book), and returned one aircraft to a lessor. These new aircraft lease agreements were accounted for as operating leases. Additionally, during 2015 the Company extended the lease term of three A319 aircraft. All aircraft incorporated through the lessor&#8217;s aircraft order book were not subject to sale and leaseback transactions.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">In November 2015, the Company entered into three new A321CEO aircraft lease agreements. These aircraft will be incorporated into the Company&#8217;s fleet in September and December 2016.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">In August 2015, the Company entered into two new A321CEO aircraft lease agreements. These aircraft will be incorporated into the Company&#8217;s fleet in June and September 2016. Additionally, during August 2015, the Company extended the lease term of three A319CEO aircraft.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">In April 2015, the Company entered into three new A321CEO aircraft lease agreements. The three A321CEO will be incorporated into the Company&#8217;s fleet during May, October and November 2016.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">During the year ended December 31, 2014, the Company incorporated eight aircraft to its fleet (three of them based on the terms of the original Airbus purchase agreement and five from a lessor&#8217;s aircraft order book), and returned two aircraft to different lessors. These new aircraft agreements were accounted for as operating leases. Additionally, during October 2014, the Company extended the lease term of one A320CEO aircraft. All aircraft incorporated through the lessor&#8217;s aircraft order book were not subject to sale and leaseback transactions.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">On November 26, 2014, the Company entered into two new aircraft lease agreement (A321CEO), both from the lessor aircraft order book. These aircraft were incorporated into the Company&#8217;s fleet during April and May 2015.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">During October 2014, the Company entered into 14 new aircraft lease agreement (all A320CEO). These aircraft are from the amended purchased order with Airbus. On November 2014 the Company received one of these aircrafts, which was accounted for as operating lease. During 2015, the Company received five of these aircrafts, which were accounted for as operating leases. The remaining eight aircrafts will be incorporated into the Company&#8217;s fleet during 2016.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">On April 8, 2014 the Company entered into one new aircraft lease agreement (A320CEO aircraft) from a lessor aircraft order book. This aircraft was incorporated into the Company&#8217;s fleet during 2014, and was accounted for as operating lease.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">On February 13, 2014, the Company entered into 16 new aircraft lease agreements</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">(10 A320NEO and 6 A321NEO), all from a lessor aircraft order book. The A320NEO will be incorporated into the Company&#8217;s fleet during 2016, 2017 and 2018, and the A321NEO will be incorporated into the Company&#8217;s fleet during 2017 and 2018. All aircraft incorporated through the lessor aircraft order book are not subject to sale and leaseback transactions.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">At December 31, 2015 and 2014, all of the Company&#8217;s aircraft and spare engines lease agreements were accounted for as operating leases.</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">23.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Provided below is an analysis of future minimum aircraft rent payments in U.S. dollars and its equivalent to Mexican pesos:</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 80%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="9285950c8d19423e897c1ec344058ccf" border="0" cellspacing="0" cellpadding="0" align="center">
<tr>
<td style="WIDTH: 70%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td valign="bottom" colspan="7">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Operating leases</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; WIDTH: 70%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">in U.S. dollars</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="3">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">in Mexican pesos</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 70%" valign="bottom">
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;</div>
</td>
<td valign="bottom" colspan="3" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td valign="bottom" colspan="3" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 70%" valign="bottom">2016</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">US&#160;</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">$</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">151,569</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;Ps. </td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">2,637,527</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 70%" valign="bottom">
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">2017</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">182,343</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">3,173,049</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 70%" valign="bottom">
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">2018</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">164,342</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">2,859,800</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 70%" valign="bottom">
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">2019</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">152,266</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">2,649,648</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 70%" valign="bottom">
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">2020</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">150,021</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">2,610,582</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 70%" valign="bottom">
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">2021 and thereafter</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">472,813</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">8,227,657</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #cceeff; WIDTH: 70%" valign="bottom">Total</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">US&#160;</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">$&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">1,273,354</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;Ps.</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">22,158,263</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">During the three months ended March 31, 2016 and 2015, the Company entered into sale and leaseback transactions, resulting in a gain of Ps.194,844 and Ps.20,870, respectively, that were recorded under the caption other income in the consolidated statement of operations.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">During the year ended December 31, 2011, the Company entered into sale and leaseback transactions, which resulted in a loss of Ps.30,706. This loss was deferred on the consolidated statements of financial position and is being amortized over the contractual lease term. As of March 31, 2016 and December 31, 2015, the current portion of the loss on sale amounts to Ps.3,047 and Ps.3,047, respectively, which are recorded in the caption of prepaid expenses and other current assets, and the non-current portion amounts to Ps.16,745 and Ps.17,507, respectively, which are recorded in the caption of other assets.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">For the three months period ended March 31, 2016 and 2015, the Company amortized a loss of Ps.762, and Ps.762, respectively, as additional aircraft rental expense.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">13. Equity</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">As of March 31, 2016, the total number of authorized shares was 1,011,876,677; represented by common registered shares, issued and with no par value, fully subscribed and paid, comprised as follows:</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="ef192a4d95ff4aedae5a75b268c622e2" cellspacing="0" cellpadding="0">
<tr>
<td style="PADDING-BOTTOM: 2px; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="6">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Shares</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="PADDING-BOTTOM: 2px; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Fixed</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Class I</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Variable</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Class II</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Total shares</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 64%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Series A shares</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">3,224</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">877,852,982</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">877,856,206</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 64%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Series B shares</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">20,956</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">133,999,515</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">134,020,471</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 64%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">24,180</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">1,011,852,497</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">1,011,876,677</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 64%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Treasury shares</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(16,474,857</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">)</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(16,474,857</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">)</div>
</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">24,180</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">995,377,640</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">995,401,820</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">24.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">All shares representing the Company&#8217;s capital stock, either Series A shares or Series B shares, grant the holders the same economic rights and there are no preferences and/or restrictions attaching to any class of shares on the distribution of dividends and the repayment of capital. Holders of the Company&#8217;s Series A common stock and Series B common stock are entitled to dividends when, and if, declared by a shareholder resolution. The Company&#8217;s revolving line of credit with Santander and Bancomext limits the Company&#8217;s ability to declare and pay dividends in the event that the Company fails to comply with the payment terms thereunder.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">During the three months ended March 31, 2016 and for the year ended December 31, 2015, the Company did not declare any dividends.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="list" cellspacing="0" cellpadding="0">
<tr valign="top">
<td style="WIDTH: 36pt" align="right">
<div style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">a)&#160;&#160;</div>
</td>
<td>
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Earnings per share</div>
</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Basic earnings per share (&#8220;EPS&#8221;) amounts are calculated by dividing the income for the year attributable to ordinary equity holders of the parent by the weighted average number of ordinary shares outstanding during the period.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Diluted EPS amounts are calculated by dividing the profit attributable to ordinary equity holders of the parent by the weighted average number of ordinary shares outstanding during the period.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The following tables show the calculations of the basic and diluted earnings per share for the three months ended March 31, 2016 and 2015:</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 80%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="16e2762cd0fd4a63bf4fe041fc16a544" border="0" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 70%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 70%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="6">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; WIDTH: 70%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 70%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Net income for the period attributable to equity</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;holders of the parent</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 12%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">601,800</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 12%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">306,384</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 70%" valign="bottom" align="left">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; FONT-WEIGHT: bold">Weighted average number of shares</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">&#160;&#160;outstanding (in thousands):</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 12%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 12%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 70%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Basic</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">1,011,877</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">1,011,877</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 70%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Diluted</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">1,011,877</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">1,011,877</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 70%" valign="bottom" align="left">
<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">EPS:</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 70%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Basic</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">0.595</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">0.303</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 70%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Diluted</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">0.595</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 12%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">0.303</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">25.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">14. Income tax</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The Company calculates the period income tax expense using the tax rate that would be applicable to the expected total annual earnings. The major components of income tax expense in the unaudited interim condensed statement of operations are:</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Consolidated statement of operations</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div>
<table style="WIDTH: 80%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="95b529c614f84391bf79fe85755a662c" border="0" cellspacing="0" cellpadding="0" align="center">
<tr>
<td style="WIDTH: 62%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom"></td>
<td style="WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td valign="bottom" colspan="6">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">For the three</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">months ended</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 62%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td valign="bottom" colspan="6">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">March 31,</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; WIDTH: 62%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 62%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 62%" valign="bottom">
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Current tax expense</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 15%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(287,986</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">)</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 15%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">( 332,304</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</div>
</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 62%" valign="bottom">
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Deferred income tax (expense) benefit</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 15%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block"></div>

<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">17,613</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 2%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 15%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block"></div>

<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">201,349</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #cceeff; WIDTH: 62%" valign="bottom">
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total income tax expense on profits</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 15%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(270,373</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">)</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 2%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 15%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">( 130,955</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</div>
</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The Company&#8217;s effective tax rate during the three months ended March 31, 2015 and 2016 was 31% and 30%, respectively.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">15.&#160;&#160;Commitments and contingencies</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Committed expenditures for aircraft purchase and related flight equipment related to the Airbus purchase agreement, including estimated amounts for contractual prices escalations and pre-delivery payments, will be as follows:</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 80%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="d29f9d4c02334ac0a34fc2e8a18f49e0" border="0" cellspacing="0" cellpadding="0" align="center">
<tr>
<td style="PADDING-BOTTOM: 2px; WIDTH: 64%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Commitment expenditures in U.S. dollars</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Commitment expenditures equivalent in Mexican pesos</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 64%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td valign="bottom" colspan="2" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">&#160;</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td valign="bottom" colspan="2" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">&#160;</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 64%" valign="bottom" align="left">2016</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">US</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">$ </td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 15%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">32,210</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;Ps.</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 15%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">560,502</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 64%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">2017</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 15%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">82,275</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 15%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">1,431,707</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 64%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">2018</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 15%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">119,883</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 15%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">2,086,149</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 64%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">2019</div>
</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 15%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">91,556</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 15%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">1,593,206</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 64%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">2020</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 15%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">25,691</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 15%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">447,072</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 64%" valign="bottom" align="left"></td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">US </td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">$</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 15%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">351,615</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">Ps. </td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 15%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom">6,118,636</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">All aircraft acquired by the Company through the Airbus purchase agreement at March 31, 2016 have been executed through to sale and leaseback transactions.</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">All aircraft acquired by the Company through the Airbus Purchase Agreement at March 31, 2016 and December 31, 2015 have been subject to sale and leaseback transactions.</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: right; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">26.</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Litigation</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">a) The Company and its CEO, CFO, certain of its current directors and certain of its former directors, are among the defendants in a putative class action commenced on February 24, 2015 in the United States District Court for the Southern District of New York brought on behalf of purchasers of ADSs in and/or traceable to the September 2013 IPO. The complaint, which also names as defendants the underwriters of the IPO, generally alleges that the registration statement and prospectus for the ADSs contained misstatements and omissions with respect to the recognition of non-ticket revenue in violation of the federal securities laws, and seeks unspecified damages and rescission. Pavers and Road Builders Pension Fund was appointed as lead plaintiff for the action. The Company believes that the outcome of the proceedings to which we are currently a party will not, individually or in the aggregate, have a material adverse effect on the consolidated financial statements.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">b) The Company is a party to legal proceedings and claims that arise during the ordinary course of business. The Company believes the ultimate outcome of these matters will not have a material adverse effect on the Company&#8217;s financial position, results of operations, or cash flows.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">16.&#160;&#160;Operating segments</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The Company is managed as a single business unit that provides air transportation services. The Company has two geographic segments identified below:</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 80%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="3e49a37efec84092972db2f06f65e210" border="0" cellspacing="0" cellpadding="0" align="left">
<tr>
<td style="WIDTH: 64%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160; </td>
<td style="WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td valign="bottom" colspan="6">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">During the three months period ended</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">March 31,</div>
</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; WIDTH: 64%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 64%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Operating revenues:</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 64%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;Domestic (Mexico)</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 15%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">3,461,085</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 15%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2,611,759</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #ffffff; WIDTH: 64%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">&#160;&#160;International</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 15%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">1,720,765</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 15%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">1,156,471</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #cceeff; WIDTH: 64%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total operating revenues</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 15%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">5,181,850</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 15%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">3,768,230</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; CLEAR: both"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Revenues are allocated by geographic segments based upon the origin of each flight.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The breakdown of our non-ticket revenues for the three months period ended March 31, 2016 ad 2015 is as follows:</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 80%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="abe8320fdba2489abeb3d9041dc3be31" border="0" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 64%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; WIDTH: 64%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="WIDTH: 64%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Non-ticket revenues</div>
</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; WIDTH: 1%; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 64%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Air travel-related services</div>
</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 15%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">1,120,095</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 15%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">696,468</div>
</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BACKGROUND-COLOR: #ffffff; WIDTH: 64%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Non-air travel-related services</div>
</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 15%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">115,308</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 15%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">103,861</td>
<td style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 2px; BACKGROUND-COLOR: #cceeff; WIDTH: 64%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Cargo</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 15%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom">40,884</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: bold" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 15%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom">45,739</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #ffffff; WIDTH: 64%" valign="bottom" align="left">
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: times new roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Total non-ticket revenues</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 15%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">1,276,287</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" align="left">&#160;</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ps.</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 15%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="DISPLAY: block; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">846,068</div>
</td>
<td style="BORDER-BOTTOM: #000000 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

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</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">27.</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">17.&#160;&#160;Subsequent events</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">Subsequent to March 31, 2016 and though April 26, 2016:</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="list" cellspacing="0" cellpadding="0">
<tr valign="top">
<td style="WIDTH: 36pt" align="right">
<div style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">a)&#160;&#160;</div>
</td>
<td>
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">The Company incorporated a new spare engine, reaching 7 spare engines.</div>
</td>
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</table>
</div>

<div>
<table style="WIDTH: 100%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" id="list" cellspacing="0" cellpadding="0">
<tr valign="top">
<td style="WIDTH: 36pt" align="right">
<div style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">b)&#160;&#160;</div>
</td>
<td>
<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; MARGIN-RIGHT: 0pt">In April 26, an extension to the LTIP was approved by the Annual Ordinary Shareholder&#8217;s Meeting. The extension was approved in the same terms of the original plan by an amount of Ps.23 million.</div>
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</div>
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</div>
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<div>&#160;</div>

<div style="TEXT-ALIGN: center"><img src="vlogo.jpg"></div>

<div>&#160;</div>

<div>&#160;</div>

<div>
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Volaris Reports Record First Quarter 2016 Results: 42% Adjusted EBITDAR Margin</div>

<div><br>
</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Mexico City, Mexico, April 25, 2016 &#8211; Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, today announced its financial results for the first quarter 2016.</div>

<div><br>
</div>

<div style="TEXT-ALIGN: justify; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The following financial information, unless otherwise indicated, is presented in accordance with International Financial Reporting Standards (IFRS).</div>

<div><br>
</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">First Quarter 2016 Highlights</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">
<table style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; BORDER-TOP: medium none; BORDER-RIGHT: medium none" id="19774118a747458f968d03a5d26bdd92" border="0" cellspacing="0" cellpadding="0">
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<div style="TEXT-ALIGN: center; FONT-FAMILY: Webdings, serif; FONT-SIZE: 10pt">&lt;</div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Total operating revenues were Ps.5,182 million for the first quarter, an increase of 37.5% year over year.</div>

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<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 6%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: center; FONT-FAMILY: Webdings, serif; FONT-SIZE: 10pt">&lt;</div>
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<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 94%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Non-ticket revenues were Ps.1,276 million for the first quarter, an increase of 50.8% year over year. Non-ticket revenues per passenger for the first quarter was Ps.372, increasing 10.4% year over year.</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
</td>
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<div style="TEXT-ALIGN: center; FONT-FAMILY: Webdings, serif; FONT-SIZE: 10pt">&lt;</div>
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<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 94%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Total operating revenues per available seat mile (TRASM) rose to Ps.133.2 cents for the first quarter, an increase of 7.5% year over year.</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
</td>
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<div style="TEXT-ALIGN: center; FONT-FAMILY: Webdings, serif; FONT-SIZE: 10pt">&lt;</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 94%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Operating expenses per available seat mile (CASM) were Ps.111.7 cents for the first quarter, a decrease of 0.7% year over year.</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
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<div style="TEXT-ALIGN: center; FONT-FAMILY: Webdings, serif; FONT-SIZE: 10pt">&lt;</div>
</td>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Adjusted EBITDAR was Ps.2,175 million for the first quarter, an increase of 80.6% year over year. Adjusted EBITDAR margin was 42.0% for the first quarter, a margin expansion of 10.0 percentage points.</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
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<div style="TEXT-ALIGN: center; FONT-FAMILY: Webdings, serif; FONT-SIZE: 10pt">&lt;</div>
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<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 94%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Operating income was Ps.836 million for the first quarter, with an operating margin of 16.1%, equal to a year over year operating margin improvement of 6.9 percentage points.</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
</td>
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<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 6%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: center; FONT-FAMILY: Webdings, serif; FONT-SIZE: 10pt">&lt;</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 94%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Net income was Ps.602 million (Ps.0.59 per share / US$0.34 per ADS) for the first quarter, with a net margin of 11.6%.</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
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<div style="TEXT-ALIGN: center; FONT-FAMILY: Webdings, serif; FONT-SIZE: 10pt">&lt;</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 94%; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Net increase of cash and cash equivalents was Ps.1,209 million for the first quarter. Unrestricted cash and cash equivalents was Ps.6,366 million.</div>
</td>
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</table>
</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Volaris&#180; CEO Enrique Beltranena commented: &#8220;The strong passenger demand environment in the first quarter of 2016, supported by seasonality, continued fueling Volaris&#8217; financial results and achieving record first quarter margins. Our low base fares and bus switching campaign strategy continue to be the cornerstone of our unbundled business model to stimulate demand for both domestic and international travel in Mexico and the United States.&#8221;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt"><img src="twinlogos.jpg"></div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt">Controladora Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.B. de C.V.<br>
</div>
</div>

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<div style="TEXT-ALIGN: center"><img src="vlogo.jpg"></div>

<div style="TEXT-ALIGN: justify">&#160;</div>

<div style="TEXT-ALIGN: justify">Macroeconomic Environment Supports Traffic Volume Growth; Still Exchange Rate Volatile</div>

<div>&#160;</div>

<div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Air traffic volume increase: The Mexican DGAC reported an overall passenger volume growth for Mexican carriers of 15.0% year over year in January and February. Domestic passenger volume increased 13.2%, while international passenger volume increased 21.9%.</div>
</td>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Exchange rate volatility: The Mexican peso depreciated 21% year over year against the US dollar, from an average of Ps.14.93 pesos per US dollar in the first quarter 2015 to Ps.18.02 pesos per US dollar during the first quarter 2016.</div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Lower fuel prices: The average economic fuel cost per gallon decreased 25.6% to Ps.22.1 per gallon (US$1.3) in the first quarter 2016, year over year.</div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Unit Revenues Improvements Driven by a Strong Demand and Seasonality, with Non-Ticket Revenue Expansion</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Passenger traffic stimulation:</font> Volaris booked 3.4 million passengers in the first quarter of 2016, a 36.6% year over year growth. Volaris traffic (measured in terms of revenue passenger miles, or RPMs) increased 35.8% for the same period.</div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Unit revenues improvement and demand driven capacity growth:</font> For the first quarter of 2016, TRASM increased 7.5%, while yield decreased 1.6%, year over year. During the first quarter, in terms of ASMs, domestic capacity grew 28.4%, while international capacity increased 26.7% responding to a seasonally strong demand in both markets.</div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Non-ticket revenues growth:</font> Non-ticket revenues per passenger increased 10.4% year over year for the first quarter of 2016, as the Company continued implementing dynamic pricing strategies and increasing car rental and hotel content.</div>
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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Fuel Savings Offset Exchange Rate Pressures</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">In the first quarter 2016, Volaris continued to experience pressure in US-dollar denominated costs, such as aircraft rents, international airport costs, and maintenance expenses due to the depreciation of the Mexican peso. Despite these challenges, the CASM for the first quarter was Ps.111.7 cents, a 0.7% decrease compared to the first quarter 2015, mainly driven by lower fuel prices.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Young and Fuel Efficient Fleet</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">As of March 31, 2016, Volaris fleet was comprised of 59 aircraft (18 A319s, 39 A320s and 2 A321s), with an average age of 4.6 years.</div>

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<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt">Controladora Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.B. de C.V.</div>
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<div style="FONT-WEIGHT: bold">Strong Cash Flow Generation, Solid Balance Sheet and Good Liquidity</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">The net increase in cash and cash equivalents was equal to Ps.1,209 million during the first quarter, mainly driven by generation of operating cash flow of Ps.1,329 million. As of March 31, 2016, Volaris&#8217; unrestricted cash and cash equivalents balance was Ps.6,366 million. Volaris registered negative net debt (or a positive net cash position) of Ps.5,265 million and total equity of Ps.7,484 million.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">During the first quarter 2016, Volaris obtained positive cash flow from investing activities of Ps.435 million, which included reimbursements of aircraft pre-delivery payments of Ps.446 million and net acquisition of rotable spare parts, furniture and equipment and intangibles assets for Ps.11 million.</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Active in Fuel Risk Management</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt">Volaris has continued to remain active in its fuel risk management program. Volaris hedged 55% of its first quarter fuel consumption of 2016, at an average strike price of US $1.94 per gallon, which combined with the 45% unhedged consumption, resulted in a blended average economic fuel cost of US$1.27 per gallon.</div>

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<div style="TEXT-ALIGN: justify; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Investors are urged to carefully read the Company's periodic reports filed with or furnished to the Securities and Exchange Commission, for additional information regarding the Company.</div>

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<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt">Controladora Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.B. de C.V.</div>
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<div style="FONT-WEIGHT: bold">Conference Call/Webcast Details:</div>

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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Presenters for the Company:</div>

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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Date:</div>
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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Mr. Enrique Beltranena, CEO</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Mr. Fernando Su&#225;rez, CFO</div>

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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Monday, April 25, 2016</div>
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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">11:00 am U.S. EDT (10:00 am Mexico City Time)</div>
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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1-800-311-9408</div>
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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Mexico dial in (toll free):</div>
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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">0-1-800-847-7666</div>
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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">0800-282-5781</div>
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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">+1-334-323-7224</div>
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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Participant entry number:</div>
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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">83342</div>
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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Webcast will be available on our website:</div>
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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">https://www.webcaster4.com/Webcast/Page/1174/14488</div>
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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">About Volaris:</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Controladora Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.B. de C.V. (&#8220;Volaris&#8221; or the &#8220;Company&#8221;) (NYSE: VLRS and BMV: VOLAR), is an ultra-low-cost carrier, with point-to-point operations, serving Mexico, the United States and Central America. Volaris offers low base fares to build its market, providing quality service and extensive customer choice. Since beginning operations in March 2006, Volaris has increased its routes from five to more than 150 and its fleet from four to 59 aircraft. Volaris offers more than 280 daily flight segments on routes that connect 40 cities in Mexico and 22 cities in the United States and Central America with the youngest aircraft fleet in Mexico. Volaris targets passengers who are visiting friends and relatives, cost-conscious business people and leisure travelers in Mexico and to select destinations in the United States and Central America. Volaris has received the ESR Award for Social Corporate Responsibility for six consecutive years. For more information, please visit: <font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">www.volaris.com</font></div>

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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Forward-looking Statements:</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Statements in this release contain various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which represent the Company's expectations or beliefs concerning future events. When used in this release, the words "expects," "estimates," "plans," "anticipates," "indicates," "believes," "forecast," "guidance," "outlook," "may," "will," "should," "seeks," "targets" and similar expressions are intended to identify forward-looking statements. Similarly, statements that describe the Company's objectives, plans or goals, or actions the Company may take in the future, are forward-looking statements. Forward-looking statements include, without limitation, statements regarding the Company's intentions and expectations regarding the delivery schedule of aircraft on order, announced new service routes and customer savings programs. All forward-looking statements in this release are based upon information available to the Company on the date of this release. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements are subject to a number of factors that could cause the Company's actual results to differ materially from the Company's expectations, including the competitive environment in the airline industry; the Company's ability to keep costs low; changes in fuel costs; the impact of worldwide economic conditions on customer travel behavior; the Company's ability to generate non-ticket revenues; and government regulation. Additional information concerning these and other factors is contained in the Company's Securities and Exchange Commission filings.</div>

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<div style="TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Investor Relations Contact:</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Andr&#233;s Pliego &amp; Diana Mart&#237;nez / Investor Relations / ir@volaris.com / +52 55 5261 6444</div>

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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Media Contact:</div>
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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Cynthia Llanos / cllanos@gcya.net / +52 1 55 4577 0803</div>

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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">Bradesco BBI - Equity Research</div>
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<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 51.02%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">BX+</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 48.98%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">Jose Maria Flores</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 51.02%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">Citi</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 48.98%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">Stephen Trent</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 51.02%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">Cowen Securities</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 48.98%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">Helane Becker</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 51.02%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">Deutsche Bank</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 48.98%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">Michael Linenberg</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 51.02%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">Evercore Partners</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 48.98%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">Duane Pfennigwerth</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 51.02%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">Intercam Casa de Bolsa</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 48.98%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">Fernanda Simon</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 51.02%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">Ita&#249; Unibanco</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 48.98%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">Renato Salomone</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 51.02%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">Morgan Stanley</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 48.98%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">Joshua Milberg</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 51.02%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">Santander</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 48.98%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">Pedro Balcao</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 51.02%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">UBS</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 2px solid; WIDTH: 48.98%; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #666666; FONT-SIZE: 10pt">Rogerio Araujo</div>
</td>
</tr>
</table>

<div style="TEXT-ALIGN: left; MARGIN-BOTTOM: 10pt"><br>
</div>
</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt"><img src="twinlogos.jpg"></div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt">Controladora Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.B. de C.V.</div>
</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
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<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: center; FONT-WEIGHT: bold"><img src="vlogo.jpg"></div>

<div style="TEXT-ALIGN: center; FONT-WEIGHT: bold">&#160;</div>

<div style="TEXT-ALIGN: center; FONT-WEIGHT: bold">Controladora Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.B. de C.V. and Subsidiaries</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Financial and Operating Indicators</div>

<div><br>
</div>

<table style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; BORDER-TOP: medium none; BORDER-RIGHT: medium none" id="cfd430fcf98a4afabf87d76dbcf15ee9" border="0" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Unaudited</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(In Mexican pesos, except otherwise indicated)</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Three months ended March 31, 2016</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(US Dollars)*</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Three months ended March 31, 2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Three months ended March 31, 2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Variance</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(%)</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Total operating revenues (millions)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">298</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">5,182</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">3,768</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">37.5</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Total operating expenses (millons)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">250</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">4,346</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">3,422</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">27.0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">EBIT (millions)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">48</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">836</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">346</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: right; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&gt;100%</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">EBIT margin</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">16.1</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">16.1</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">9.2</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: right; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">6.9 pp</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Adjusted EBITDA (millions)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">55</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">956</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">449</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: right; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&gt;100%</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Adjusted EBITDA margin</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">18.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">18.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">11.9</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: right; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">6.5 pp</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Adjusted EBITDAR (millions)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">125</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">2,175</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,204</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">80.6</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Adjusted EBITDAR margin</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">42.0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">42.0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">32.0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: right; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">10.0 pp</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Net income (millions)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">35</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">602</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">306</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">96.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Net income margin</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">11.6</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">11.6</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">8.1</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: right; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">3.5 pp</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Earnings per share:</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Basic (pesos)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">0.03</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">0.59</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">0.30</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">96.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Diluted (pesos)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">0.03</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">0.59</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">0.30</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">96.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Earnings per ADS:</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Basic (pesos)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">0.34</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">5.95</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">3.03</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">96.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Diluted (pesos)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">0.34</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">5.95</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">3.03</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">96.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Weighted average shares outstanding:</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Basic</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,011,876,677</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,011,876,677</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">0.0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Diluted</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,011,876,677</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,011,876,677</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">0.0</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Available seat miles (ASMs) (millions)<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(1)</font></div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">3,892</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">3,043</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">27.9</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;Domestic</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">2,730</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">2,126</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">28.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;International</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,162</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">917</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">26.7</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Revenues passenger miles (RPMs) (millions)<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(1)</font></div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">3,306</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">2,435</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">35.8</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;Domestic</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">2,317</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,719</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">34.8</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;International</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">989</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">716</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">38.2</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Load factor<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(2)</font></div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">85.0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">80.0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: right; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">5.0 pp</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;Domestic</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">84.9</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">80.9</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: right; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">4.0 pp</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;International</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">85.1</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">78.0</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: right; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">7.1 pp</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Total operating revenues per ASM (TRASM) (cents)<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(1)</font></div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">7.7</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">133.2</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">123.8</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">7.5</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Passenger revenues per ASM (RASM) (cents)<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(1)</font></div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">5.8</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">100.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">96.0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">4.5</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Passenger revenues per RPM (Yield) (cents)<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(1)</font></div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">6.8</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">118.1</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">120.0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(1.6</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%)</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Average fare<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(2)</font></div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">65.6</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,141</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,165</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(2.0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%)</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Non-ticket revenues per passenger <font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(1)</font></div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">21.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">372</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">337</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">10.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Operating expenses per ASM (CASM) (cents)<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(1)</font></div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">6.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">111.7</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">112.5</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(0.7</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%)</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Operating expenses per ASM (CASM) (US cents)<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(1)</font></div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">6.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">7.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">**</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(13.5</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%)</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">CASM ex fuel (cents)<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(1)</font></div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">4.9</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">85.6</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">77.9</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">9.9</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">CASM ex fuel (US cents)<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(1)</font></div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">4.9</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">5.1</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">**</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(4.3</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%)</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Booked passengers (thousands)<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(1)</font></div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">3,430</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">2,511</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">36.6</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Departures<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(1)</font></div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">24,061</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">19,313</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">24.6</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Block hours<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(1)</font></div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">64,868</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">50,695</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">28.0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Fuel gallons consumed (millions)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">45.8</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">35.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">29.6</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Average economic fuel cost per gallon</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1.3</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">22.1</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">29.7</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(25.6</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%)</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Aircraft at end of period</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">59</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">51</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">15.7</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Average aircraft utilization (block hours)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">13.1</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">12.1</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">8.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Average exchange rate</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">18.02</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">14.93</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">20.7</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="16">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">*Peso amounts were converted to U.S. dollars at the rate of Ps.17.4015 for convenience purposes only</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="16">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">**Peso amounts were converted to U.S. dollars at the rate of Ps.15.1542 for convenience purposes only</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(1) Includes schedule + charter (2) Includes schedule</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>

<div>&#160;</div>

<div>&#160;</div>

<div>
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt"><img src="twinlogos.jpg"></div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt">Controladora Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.B. de C.V.</div>
</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: center"><img src="vlogo.jpg"><br>
</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Controladora Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.B. de C.V. and Subsidiaries</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Consolidated Statement of Operations</div>

<div><br>
</div>

<table style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; BORDER-TOP: medium none; BORDER-RIGHT: medium none" id="3db144e80331420db0331de9740aca03" border="0" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Unaudited</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(In millions of Mexican pesos)</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Three months ended March 31, 2016</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(US Dollars)*</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Three months ended March 31, 2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Three months ended March 31, 2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Variance</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(%)</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Operating revenues:</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Passenger</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">224</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">3,906</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">2,922</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">33.7</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Non-ticket</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">73</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,276</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">846</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">50.8</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">298</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">5,182</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">3,768</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">37.5</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Other operating income</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(11</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(195</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(23</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: right; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&gt;100%</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Fuel</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">58</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,013</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,051</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(3.6</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%)</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Aircraft and engine rent expense</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">70</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,219</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">755</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">61.5</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Landing, take-off and navigation expenses</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">45</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">791</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">574</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">37.8</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Salaries and benefits</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">32</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">564</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">424</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">33.0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Sales, marketing and distribution expenses</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">17</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">295</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">216</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">36.9</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Maintenance expenses</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">20</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">340</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">181</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">87.5</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Other operating expenses</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">11</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">200</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">142</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">40.9</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Depreciation and amortization</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">7</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">120</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">103</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">16.2</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Operating expenses</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">250</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">4,346</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">3,422</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">27.0</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Operating income</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">48</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">836</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">346</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: right; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&gt;100%</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Finance income</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">2</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">34</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">9</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: right; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&gt;100%</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Finance cost</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(7</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">67.3</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Exchange gain, net</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">9</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">86</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(89.1</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%)</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Comprehensive financing result</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">37</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">91</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(59.9</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">%)</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Income before income tax</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">50</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">872</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">437</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">99.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Income tax expense</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(16</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(270</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(131</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: right; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&gt;100%</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Net income</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">35</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">602</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">306</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">96.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Attribution of net income:</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Equity holders of the parent</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">35</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">602</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">306</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">96.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Non-controlling interest</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 52%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Net income</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">35</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">602</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">306</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">96.4</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">%</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="8">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">*Peso amounts were converted to U.S. dollars at the rate of Ps.17.4015 for convenience purposes only.</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; TEXT-INDENT: -9pt; MARGIN-LEFT: 9pt; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>

<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt"><img src="twinlogos.jpg"></div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt">Controladora Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.B. de C.V.</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: center"><img src="vlogo.jpg"><br>
</div>

<div><br>
</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Controladora Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.B. de C.V. and Subsidiaries</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Consolidated Statement of Financial Position</div>

<div><br>
</div>

<table style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; BORDER-TOP: medium none; BORDER-RIGHT: medium none" id="5df57ce2ac264c9fa641cfa2e2ac6a56" border="0" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(In millions of Mexican pesos)</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">March 31, 2016 Unaudited</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(US Dollars)*</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">March 31, 2016 Unaudited</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">December 31, 2015 Audited</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Assets</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: top; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="2">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Cash and cash equivalents</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">366</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">6,366</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">5,157</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Accounts receivable</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">34</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">594</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">464</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Inventories</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">10</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">171</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">163</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Prepaid expenses and other current assets</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">29</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">496</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">585</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Financial instruments</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">2</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">39</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">10</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Guarantee deposits</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">60</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,052</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">861</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Total current assets</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">501</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">8,718</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">7,241</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Rotable spare parts, furniture and equipment, net</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">126</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">2,187</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">2,550</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Intangible assets, net</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">6</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">97</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">95</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Financial instruments</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">17</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">294</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">69</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Deferred income tax</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">31</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">546</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">545</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Guarantee deposits</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">270</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">4,703</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">4,704</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Other assets</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">3</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">59</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">58</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Total non-current assets</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">453</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">7,887</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">8,020</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Total assets</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">954</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">16,604</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">15,261</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Liabilities</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Unearned transportation revenues</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">147</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">2,558</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,957</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Accounts payable</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">41</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">714</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">795</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Accrued liabilities</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">104</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,802</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,471</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Other taxes and fees payable</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">85</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,473</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,107</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Income taxes payable</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">16</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">281</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">338</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Financial instruments</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">3</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">45</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">44</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Financial debt</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">49</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">845</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,371</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Other liabilities</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">22</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">19</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Total short-term liabilities</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">445</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">7,739</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">7,103</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Financial instruments</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">2</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">11</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Financial debt</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">15</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">256</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">220</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Accrued liabilities</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">9</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">158</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">157</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Other liabilities</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">3</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">61</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">49</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Employee benefits</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">11</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">10</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Deferred income taxes</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">51</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">894</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">885</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Total long-term liabilities</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">79</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">1,381</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">1,333</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Total liabilities</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">524</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">9,120</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">8,436</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Equity</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Capital stock</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">171</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">2,974</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">2,974</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Treasury shares</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(5</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(91</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(91</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">)</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Contributions for future capital increases</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Legal reserve</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">2</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">38</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">38</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Additional paid-in capital</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">103</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,792</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,791</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Retained earnings</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">173</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">3,010</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">2,408</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Accumulated other comprehensive losses</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(14</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(238</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">)</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(295</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">)</div>
</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Total equity</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">430</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">7,484</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">6,825</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Total liabilities and equity</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">954</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">16,604</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">15,261</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Total shares outstanding fully diluted</div>
</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">1,011,876,677</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">1,011,876,677</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" colspan="12">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">*Peso amounts were converted to U.S. dollars at the rate of Ps.17.4015 for convenience purposes only</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">&#160;</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>
</table>

<div>&#160;</div>

<div>
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt"><img src="twinlogos.jpg"></div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt">Controladora Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.B. de C.V.</div>
</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
<hr style="BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" noshade="noshade">
</div>
</div>

<div style="TEXT-ALIGN: center"><img src="vlogo.jpg"></div>

<div><br>
</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Controladora Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.B. de C.V. and Subsidiaries</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Consolidated Statement of Cash Flows &#8211; Cash Flow Data Summary</div>

<div><br>
</div>

<div><br>
</div>

<table style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; BORDER-TOP: medium none; BORDER-RIGHT: medium none" id="9599b003af6b40db83811b54aaf850a9" border="0" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Unaudited (In millions of Mexican pesos)</div>
</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Three months ended March 31, 2016</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(US Dollars)*</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Three months ended March 31, 2016</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none" valign="bottom" colspan="2">
<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Three months ended March 31, 2015</div>
</td>
<td style="BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; VERTICAL-ALIGN: bottom; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-STYLE: italic; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>
</td>
<td style="BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; VERTICAL-ALIGN: bottom" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; VERTICAL-ALIGN: bottom" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; VERTICAL-ALIGN: bottom" valign="bottom" colspan="2">&#160;</td>
<td style="TEXT-ALIGN: left; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Net cash flow provided by operating activities</div>
</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">76</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">1,329</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">949</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Net cash flow provided by (used in) investing activities</div>
</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">25</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">435</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(51</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">)</div>
</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Net cash flow used in financing activities</div>
</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(32</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">)</div>
</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(549</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">)</div>
</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(37</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">)</div>
</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Increase in cash and cash equivalents</div>
</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">70</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">1,216</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">862</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
</tr>

<tr>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Net foreign exchange differences</div>
</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">-</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">(7</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">)</div>
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<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">29</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr>
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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">Cash and cash equivalents at beginning of period</div>
</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
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<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">296</div>
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<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">5,157</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">2,265</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
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<tr>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 64%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom">
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Cash and cash equivalents at end of period</div>
</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
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<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">366</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">6,366</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
<td style="BORDER-LEFT: medium none; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" valign="bottom">&#160;</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 9%; VERTICAL-ALIGN: bottom" valign="bottom">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">3,156</div>
</td>
<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-RIGHT: medium none" valign="bottom" nowrap="nowrap">&#160;</td>
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<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt">*Peso amounts were converted to U.S. dollars at the rate of Ps.17.4015 for convenience purposes only</div>
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<td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; VERTICAL-ALIGN: bottom" valign="bottom" nowrap="nowrap">&#160;</td>
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<div><br>
<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt"><img src="twinlogos.jpg"></div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt">Controladora Vuela Compa&#241;&#237;a de Aviaci&#243;n, S.A.B. de C.V.</div>
</div>

<div>&#160;</div>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
