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Selected Financial Information regarding the Issuer and the Guarantor
Selected Financial Information regarding the Issuer
The following tables present selected consolidated financial data of the Issuer which is taken from the
following sources:
Unaudited consolidated interim financial statements of 3W Power Holdings S.A. in accordance
with IFRS as adopted by the European Union (“IFRS”) as at and for the nine months ended 30
September 2010 (“Issuer 2010 Interims”);
Audited consolidated financial statements of 3W Power Holdings S.A. (formerly 3W Power Hold-
ings Limited and Germany1 Acquisition Limited respectively) in accordance with IFRS as at and
for the year ended 31 December 2009 (“Issuer 2009 Financial Statements”).
Unaudited consolidated pro-forma income statement of 3W Power Holdings S.A. (formerly 3W
Power Holdings Limited and Germany1 Acquisition Limited respectively) in accordance with
IFRS for the year ended 31 December 2009 which was prepared on the basis of the assumption that
the indirect acquisition of all shares in AEG Power Solutions B.V. by the Issuer had already oc-
curred as at 1 January 2009 (“Issuer 2009 Pro-Formas”);
The Issuer was incorporated on 21 May 2008 as a special purpose acquisition company (SPAC) and ac-
quired the Guarantor and its subsidiaries through the Business Combination on 10 September 2009. The
statutory financial statements of the Issuer for 2008 therefore do not reflect the operative business of AEG
PS Group and the Issuer 2009 Financial Statements only reflect income and cash flow information of
AEG PS Group for the period from 10 September 2009 to 31 December 2009. The Issuer has therefore
prepared consolidated pro-forma income information for the year 2009 on the basis of the assumption that
the Issuer had acquired the Guarantor and its subsidiaries already as at 1 January 2009 (see: “Financial
Section - page F-168 - F-178). In order to present AEG PS Group's financial information for 2008, infor-
mation for the year 2008 is taken or, as the case may be, derived from the Guarantor’s audited consoli-
dated financial statements as at and for the year ended 31 December 2008 in accordance with IFRS.
The presented figures were subject to rounding adjustments that were carried out according to established
commercial standards. As a result, the figures stated in a table may not exactly add up to the total values
that may also be stated in the table.
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