Supplemental Guarantor Condensed Financial Information

General Cable Corporation (“Parent Company”) and its U.S. 100% wholly-owned subsidiaries (“Guarantor Subsidiaries”) fully and unconditionally guarantee the $600.0 million of 5.75% Senior Notes due in 2022 of the Parent Company on a joint and several basis. The following tables present financial information about the Parent Company, Guarantor Subsidiaries and Non-Guarantor Subsidiaries in millions. Intercompany transactions are eliminated in the "Eliminations" column of the Supplemental Guarantor Condensed Financial Information tables. The results of the Asia Pacific Operations have been reclassified as discontinued operations for all periods presented. The Asia Pacific Operations are included as Non-Guarantor Subsidiaries in the schedules below. Refer to Note 3 - Assets and Liabilities Held for Sale and Discontinued Operations for additional details.

Condensed Statements of Operations and Comprehensive Income (Loss) Information

Three Fiscal Months Ended July 3, 2015



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales:
Customers	$	—		$	503.1		$	610.3		$	—		$	1,113.4
Intercompany	17.1			62.0			36.0			(115.1		)	—
	17.1			565.1			646.3			(115.1		)	1,113.4
Cost of sales	—			499.9			588.3			(98.0		)	990.2
Gross profit	17.1			65.2			58.0			(17.1		)	123.2
Selling, general and administrative expenses	16.0			41.7			57.2			(17.1		)	97.8
Intangible asset impairment charges	—			—			1.7			—			1.7
Operating income (loss)	1.1			23.5			(0.9		)	—			23.7
Other income (expense)	—			(2.5		)	(3.5		)	—			(6.0		)
Interest income (expense):
Interest expense	(14.4		)	(16.4		)	(10.1		)	15.6			(25.3		)
Interest income	13.8			1.9			0.4			(15.6		)	0.5
	(0.6		)	(14.5		)	(9.7		)	—			(24.8		)
Income (loss) before income taxes	0.5			6.5			(14.1		)	—			(7.1		)
Income tax (provision) benefit	(0.2		)	12.2			(6.5		)	—			5.5
Equity in net earnings of affiliated companies and subsidiaries	(7.2		)	(25.9		)	—			33.1			—
Net income (loss) from continuing operations	(6.9		)	(7.2		)	(20.6		)	33.1			(1.6		)
Net income (loss) from discontinued operations, net of taxes	—			—			(6.8		)	—			(6.8		)
Net income (loss) including noncontrolling interest	(6.9		)	(7.2		)	(27.4		)	33.1			(8.4		)
Less: net income (loss) attributable to noncontrolling interest	—			—			(1.5		)	—			(1.5		)
Net income (loss) attributable to Company common shareholders	$	(6.9	)	$	(7.2	)	$	(25.9	)	$	33.1		$	(6.9	)
Comprehensive income (loss):
Net income (loss)	$	(6.9	)	$	(7.2	)	$	(27.4	)	$	33.1		$	(8.4	)
Currency translation gain (loss)	(12.8		)	(12.8		)	(17.0		)	29.0			(13.6		)
Defined benefit plan adjustments, net of tax	1.8			1.8			0.6			(2.4		)	1.8
Comprehensive income (loss), net of tax	(17.9		)	(18.2		)	(43.8		)	59.7			(20.2		)
Comprehensive income (loss) attributable to noncontrolling interest, net of tax	—			—			(2.3		)	—			(2.3		)
Comprehensive income (loss) attributable to Company common shareholders, net of tax	$	(17.9	)	$	(18.2	)	$	(41.5	)	$	59.7		$	(17.9	)

Condensed Statements of Operations and Comprehensive Income (Loss) Information

Three Fiscal Months Ended June 27, 2014



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales:
Customers	$	—		$	542.7		$	844.6		$	—		$	1,387.3
Intercompany	15.4			64.3			60.7			(140.4		)	—
	15.4			607.0			905.3			(140.4		)	1,387.3
Cost of sales	—			544.4			841.7			(125.0		)	1,261.1
Gross profit	15.4			62.6			63.6			(15.4		)	126.2
Selling, general and administrative expenses	12.4			47.1			57.2			(15.4		)	101.3
Intangible asset impairment charges	—			2.1			—			—			2.1
Operating income (loss)	3.0			13.4			6.4			—			22.8
Other income (expense)	—			0.2			3.2			—			3.4
Interest income (expense):
Interest expense	(16.4		)	(15.7		)	(13.9		)	16.9			(29.1		)
Interest income	13.2			3.6			0.7			(16.9		)	0.6
	(3.2		)	(12.1		)	(13.2		)	—			(28.5		)
Income (loss) before income taxes	(0.2		)	1.5			(3.6		)	—			(2.3		)
Income tax (provision) benefit	—			(4.5		)	(7.3		)	—			(11.8		)
Equity in net earnings of affiliated companies and subsidiaries	(24.6		)	(21.6		)	0.3			46.3			0.4
Net income (loss) from continuing operations	(24.8		)	(24.6		)	(10.6		)	46.3			(13.7		)
Net income (loss) from discontinued operations, net of taxes	—			—			(9.0		)	—			(9.0		)
Net income (loss) including noncontrolling interest	(24.8		)	(24.6		)	(19.6		)	46.3			(22.7		)
Less: net income (loss) attributable to noncontrolling interest	—			—			2.1			—			2.1
Net income (loss) attributable to Company common shareholders	$	(24.8	)	$	(24.6	)	$	(21.7	)	$	46.3		$	(24.8	)
Comprehensive income (loss):
Net income (loss)	$	(24.8	)	$	(24.6	)	$	(19.6	)	$	46.3		$	(22.7	)
Currency translation gain (loss)	10.4			10.4			4.2			(16.0		)	9.0
Defined benefit plan adjustments, net of tax	4.1			4.1			3.4			(7.4		)	4.2
Comprehensive income (loss), net of tax	(10.3		)	(10.1		)	(12.0		)	22.9			(9.5		)
Comprehensive income (loss) attributable to noncontrolling interest, net of tax	—			—			0.8			—			0.8
Comprehensive income (loss) attributable to Company common shareholders, net of tax	$	(10.3	)	$	(10.1	)	$	(12.8	)	$	22.9		$	(10.3	)

Condensed Statements of Operations and Comprehensive Income (Loss) Information

Six Fiscal Months Ended July 3, 2015



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales:
Customers	$	—		$	1,043.5		$	1,241.0		$	—		$	2,284.5
Intercompany	38.2			124.7			83.3			(246.2		)	—
	38.2			1,168.2			1,324.3			(246.2		)	2,284.5
Cost of sales	—			1,026.9			1,228.7			(208.0		)	2,047.6
Gross profit	38.2			141.3			95.6			(38.2		)	236.9
Selling, general and administrative expenses	36.5			88.9			108.1			(38.2		)	195.3
Intangible asset impairment charges	—			—			1.7			—			1.7
Operating income (loss)	1.7			52.4			(14.2		)	—			39.9
Other income (expense)	0.7			(4.0		)	(28.5		)	—			(31.8		)
Interest income (expense):
Interest expense	(29.8		)	(33.6		)	(19.2		)	32.9			(49.7		)
Interest income	28.6			4.3			1.0			(32.9		)	1.0
	(1.2		)	(29.3		)	(18.2		)	—			(48.7		)
Income (loss) before income taxes	1.2			19.1			(60.9		)	—			(40.6		)
Income tax (provision) benefit	(0.8		)	6.6			(1.7		)	—			4.1
Equity in net earnings of affiliated companies and subsidiaries	(45.4		)	(71.1		)	0.1			116.6			0.2
Net income (loss) from continuing operations	(45.0		)	(45.4		)	(62.5		)	116.6			(36.3		)
Net income (loss) from discontinued operations, net of taxes	—			—			(13.0		)	—			(13.0		)
Net income (loss) including noncontrolling interest	(45.0		)	(45.4		)	(75.5		)	116.6			(49.3		)
Less: net income (loss) attributable to noncontrolling interest	—			—			(4.3		)	—			(4.3		)
Net income (loss) attributable to Company common shareholders	$	(45.0	)	$	(45.4	)	$	(71.2	)	$	116.6		$	(45.0	)
Comprehensive income (loss):
Net income (loss)	$	(45.0	)	$	(45.4	)	$	(75.5	)	$	116.6		$	(49.3	)
Currency translation gain (loss)	(53.8		)	(53.8		)	(36.2		)	85.6			(58.2		)
Defined benefit plan adjustments, net of tax	4.8			4.8			2.4			(7.2		)	4.8
Comprehensive income (loss), net of tax	(94.0		)	(94.4		)	(109.3		)	195.0			(102.7		)
Comprehensive income (loss) attributable to noncontrolling interest, net of tax	—			—			(8.7		)	—			(8.7		)
Comprehensive income (loss) attributable to Company common shareholders, net of tax	$	(94.0	)	$	(94.4	)	$	(100.6	)	$	195.0		$	(94.0	)

Condensed Statements of Operations and Comprehensive Income (Loss) Information

Six Fiscal Months Ended June 27, 2014



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales:
Customers	$	—		$	1,018.4		$	1,670.4		$	—		$	2,688.8
Intercompany	33.1			145.9			115.3			(294.3		)	—
	33.1			1,164.3			1,785.7			(294.3		)	2,688.8
Cost of sales	—			1,030.6			1,675.4			(261.2		)	2,444.8
Gross profit	33.1			133.7			110.3			(33.1		)	244.0
Selling, general and administrative expenses	27.2			88.6			126.6			(33.1		)	209.3
Goodwill impairment charge	—			—			93.5			—			93.5
Intangible asset impairment charges	—			2.1			72.9			—			75.0
Operating income (loss)	5.9			43.0			(182.7		)	—			(133.8		)
Other income (expense)	—			(2.7		)	(90.1		)	—			(92.8		)
Interest income (expense):
Interest expense	(31.4		)	(32.4		)	(26.7		)	34.6			(55.9		)
Interest income	27.3			7.3			1.5			(34.6		)	1.5
	(4.1		)	(25.1		)	(25.2		)	—			(54.4		)
Income (loss) before income taxes	1.8			15.2			(298.0		)	—			(281.0		)
Income tax (provision) benefit	(0.3		)	(5.2		)	9.8			—			4.3
Equity in net earnings of affiliated companies and subsidiaries	(341.7		)	(351.7		)	0.4			693.6			0.6
Net income (loss) from continuing operations	(340.2		)	(341.7		)	(287.8		)	693.6			(276.1		)
Net income (loss) from discontinued operations, net of taxes	—			—			(86.0		)	—			(86.0		)
Net income (loss) including noncontrolling interest	(340.2		)	(341.7		)	(373.8		)	693.6			(362.1		)
Less: net income (loss) attributable to noncontrolling interest	—			—			(21.9		)	—			(21.9		)
Net income (loss) attributable to Company common shareholders	$	(340.2	)	$	(341.7	)	$	(351.9	)	$	693.6		$	(340.2	)
Comprehensive income (loss):
Net income (loss)	$	(340.2	)	$	(341.7	)	$	(373.8	)	$	693.6		$	(362.1	)
Currency translation gain (loss)	0.6			0.6			(3.9		)	0.9			(1.8		)
Defined benefit plan adjustments, net of tax	5.0			5.0			3.6			(8.5		)	5.1
Comprehensive income (loss), net of tax	(334.6		)	(336.1		)	(374.1		)	686.0			(358.8		)
Comprehensive income (loss) attributable to noncontrolling interest, net of tax	—			—			(24.2		)	—			(24.2		)
Comprehensive income (loss) attributable to Company common shareholders, net of tax	$	(334.6	)	$	(336.1	)	$	(349.9	)	$	686.0		$	(334.6	)

Condensed Balance Sheets Information

July 3, 2015



	Parent		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Total
Assets
Current assets:
Cash and cash equivalents	$	—	$	4.2	$	98.1	$	—		$	102.3
Receivables, net of allowances	—		272.4		584.9		—			857.3
Inventories	—		382.2		515.6		—			897.8
Deferred income taxes	—		28.3		8.0		—			36.3
Prepaid expenses and other	1.5		19.5		46.7		—			67.7
Current assets of discontinued operations	—		—		252.7		—			252.7
Total current assets	1.5		706.6		1,506.0		—			2,214.1
Property, plant and equipment, net	0.5		200.3		403.2		—			604.0
Deferred income taxes	—		26.6		27.4		(26.6		)	27.4
Intercompany accounts	1,138.5		204.2		62.8		(1,405.5		)	—
Investment in subsidiaries	175.6		715.8		—		(891.4		)	—
Goodwill	—		13.8		9.5		—			23.3
Intangible assets, net	—		10.5		33.5		—			44.0
Unconsolidated affiliated companies	—		8.4		0.3		—			8.7
Other non-current assets	11.4		30.7		20.5		—			62.6
Non-current assets of discontinued operations	—		—		106.0		—			106.0
Total assets	$	1,327.5	$	1,916.9	$	2,169.2	$	(2,323.5	)	$	3,090.1
Liabilities and Total Equity
Current liabilities:
Accounts payable	$	—	$	155.8	$	469.9	$	—		$	625.7
Accrued liabilities	11.5		114.2		212.3		—			338.0
Current portion of long-term debt	—		—		217.9		—			217.9
Current liabilities of discontinued operations	—		—		128.5		—			128.5
Total current liabilities	11.5		270.0		1,028.6		—			1,310.1
Long-term debt	779.7		180.1		9.7		—			969.5
Deferred income taxes	191.6		—		17.7		(26.6		)	182.7
Intercompany accounts	—		1,205.5		200.0		(1,405.5		)	—
Other liabilities	1.6		85.7		119.0		—			206.3
Non-current liabilities of discontinued operations	—		—		15.5		—			15.5
Total liabilities	984.4		1,741.3		1,390.5		(1,432.1		)	2,684.1
Redeemable noncontrolling interest	—		—		18.2		—			18.2
Total Company shareholders’ equity	343.1		175.6		715.8		(891.4		)	343.1
Noncontrolling interest	—		—		44.7		—			44.7
Total liabilities, redeemable noncontrolling interest and equity	$	1,327.5	$	1,916.9	$	2,169.2	$	(2,323.5	)	$	3,090.1

Condensed Balance Sheets Information

December 31, 2014



	Parent		Guarantor Subsidiaries			Non- Guarantor Subsidiaries		Eliminations			Total
Assets
Current assets:
Cash and cash equivalents	$	—	$	1.2		$	135.5	$	—		$	136.7
Receivables, net of allowances	—		273.7			621.4		—			895.1
Inventories	—		406.9			519.7		—			926.6
Deferred income taxes	—		15.6			8.4		—			24.0
Prepaid expenses and other	1.6		30.6			67.7		—			99.9
Current assets of discontinued operations	—		—			313.8		—			313.8
Total current assets	1.6		728.0			1,666.5		—			2,396.1
Property, plant and equipment, net	0.5		209.0			461.2		—			670.7
Deferred income taxes	—		—			18.4		—			18.4
Intercompany accounts	1,280.8		402.4			94.1		(1,777.3		)	—
Investment in subsidiaries	269.9		643.9			—		(913.8		)	—
Goodwill	—		13.8			9.0		—			22.8
Intangible assets, net	—		11.4			39.1		—			50.5
Unconsolidated affiliated companies	—		8.3			9.2		—			17.5
Other non-current assets	12.1		33.7			25.0		—			70.8
Non-current assets of discontinued operations	—		—			119.9		—			119.9
Total assets	$	1,564.9	$	2,050.5		$	2,442.4	$	(2,691.1	)	$	3,366.7
Liabilities and Total Equity
Current liabilities:
Accounts payable	$	—	$	106.8		$	445.9	$	—		$	552.7
Accrued liabilities	11.2		114.5			254.2		—			379.9
Current portion of long-term debt	125.0		—			266.6		—			391.6
Current liabilities of discontinued operations	—		—			158.6		—			158.6
Total current liabilities	136.2		221.3			1,125.3		—			1,482.8
Long-term debt	778.8		136.8			18.3		—			933.9
Deferred income taxes	196.8		(40.9		)	22.4		—			178.3
Intercompany accounts	—		1,374.5			402.8		(1,777.3		)	—
Other liabilities	1.0		88.9			138.8		—			228.7
Non-current liabilities of discontinued operations	—		—			16.0		—			16.0
Total liabilities	1,112.8		1,780.6			1,723.6		(1,777.3		)	2,839.7
Redeemable noncontrolling interest	—		—			13.8		—			13.8
Total Company shareholders’ equity	452.1		269.9			643.9		(913.8		)	452.1
Noncontrolling interest	—		—			61.1		—			61.1
Total liabilities, redeemable noncontrolling interest and equity	$	1,564.9	$	2,050.5		$	2,442.4	$	(2,691.1	)	$	3,366.7

Condensed Statements of Cash Flows Information

Six Fiscal Months Ended July 3, 2015



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net cash flows of operating activities from continuing operations	$	3.2		$	142.1		$	(9.6	)	$	(6.9	)	$	128.8
Net cash flows of operating activities from discontinued operations	—			—			0.7			—			0.7
Net cash flows of operating activities	3.2			142.1			(8.9		)	(6.9		)	129.5
Cash flows of investing activities:
Capital expenditures	—			(11.6		)	(18.7		)	—			(30.3		)
Proceeds from properties sold	—			0.1			0.2			—			0.3
Disposal of subsidiaries, net of cash disposed of	—			—			22.7			—			22.7
Intercompany accounts	—			7.8			—			(7.8		)	—
Other	—			(0.1		)	0.4			—			0.3
Net cash flows of investing activities from continuing operations	—			(3.8		)	4.6			(7.8		)	(7.0		)
Net cash flows of investing activities from discontinued operations	—			—			(4.4		)	—			(4.4		)
Net cash flows of investing activities	—			(3.8		)	0.2			(7.8		)	(11.4		)
Cash flows of financing activities:
Dividends paid to shareholders	(17.7		)	—			—			—			(17.7		)
Intercompany accounts	139.3			(154.3		)	0.3			14.7			—
Proceeds from debt	—			1,358.1			481.7			—			1,839.8
Repayments of debt	(125.0		)	(1,314.7		)	(510.0		)	—			(1,949.7		)
Dividends paid to noncontrolling interest	—			—			(0.1		)	—			(0.1		)
Proceeds from exercise of stock options	0.2			—			—			—			0.2
Net cash flows of financing activities from continuing operations	(3.2		)	(110.9		)	(28.1		)	14.7			(127.5		)
Net cash flows of financing activities from discontinued operations	—			—			(3.4		)	—			(3.4		)
Net cash flows of financing activities	(3.2		)	(110.9		)	(31.5		)	14.7			(130.9		)
Effect of exchange rate changes on cash and cash equivalents	—			(24.4		)	(13.8		)	—			(38.2		)
Increase (decrease) in cash and cash equivalents	—			3.0			(54.0		)	—			(51.0		)
Cash and cash equivalents – beginning of period	—			1.2			204.6			—			205.8
Cash and cash equivalents – end of period	$	—		$	4.2		$	150.6		$	—		$	154.8
Less cash and cash equivalents of discontinued operations	—			—			52.5			—			52.5
Cash and cash equivalents of continuing operations – end of period	$	—		$	4.2		$	98.1		$	—		$	102.3

Condensed Statements of Cash Flows Information

Six Fiscal Months Ended June 27, 2014



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Total
Net cash flows of operating activities from continuing operations	$	1.4		$	(43.6	)	$	(53.3	)	$	—	$	(95.5	)
Net cash flows of operating activities from discontinued operations	—			—			(14.8		)	—		(14.8		)
Net cash flows of operating activities	1.4			(43.6		)	(68.1		)	—		(110.3		)
Cash flows of investing activities:
Capital expenditures	—			(13.4		)	(28.5		)	—		(41.9		)
Proceeds from properties sold	—			0.6			0.2			—		0.8
Other	—			(1.9		)	1.9			—		—
Net cash flows of investing activities from continuing operations	—			(14.7		)	(26.4		)	—		(41.1		)
Net cash flows of investing activities from discontinued operations	—			—			(3.5		)	—		(3.5		)
Net cash flows of investing activities	—			(14.7		)	(29.9		)	—		(44.6		)
Cash flows of financing activities:
Dividends paid to shareholders	(17.8		)	—			—			—		(17.8		)
Excess tax benefits (deficiencies) from stock-based compensation	(0.1		)	—			—			—		(0.1		)
Intercompany accounts	46.9			(16.0		)	(30.9		)	—		—
Proceeds from debt	—			643.6			504.0			—		1,147.6
Repayments of debt	—			(570.2		)	(406.2		)	—		(976.4		)
Purchase of noncontrolling interest	—			(1.5		)	1.2			—		(0.3		)
Dividends paid to noncontrolling interest	—			—			(0.7		)	—		(0.7		)
Repurchase of common shares	(30.7		)	—			—					(30.7		)
Proceeds from exercise of stock options	0.1			—			—			—		0.1
Net cash flows of financing activities from continuing operations	(1.6		)	55.9			67.4			—		121.7
Net cash flows of financing activities from discontinued operations	—			—			(1.0		)	—		(1.0		)
Net cash flows of financing activities	(1.6		)	55.9			66.4			—		120.7
Effect of exchange rate changes on cash and cash equivalents	—			1.9			(87.4		)	—		(85.5		)
Increase (decrease) in cash and cash equivalents	(0.2		)	(0.5		)	(119.0		)	—		(119.7		)
Cash and cash equivalents - beginning of period	0.2			2.2			416.4					418.8
Cash and cash equivalents - end of period	$	—		$	1.7		$	297.4		$	—	$	299.1
Less cash and cash equivalents of discontinued operations	—			—			69.0			—		69.0
Cash and cash equivalents of continuing operations – end of period	$	—		$	1.7		$	228.4		$	—	$	230.1

Intercompany Activity

The Parent Company and its Guarantor Subsidiaries participate in a cash pooling program. As part of this program, cash balances are generally swept on a daily basis between the Guarantor Subsidiaries’ bank accounts and those of the Parent Company. There are a significant number of the Company’s subsidiaries that participate in this cash pooling arrangement and there are thousands of transactions per week that occur between the Parent Company and Guarantor Subsidiaries, all of which are accounted for through the intercompany accounts.

Parent Company transactions include interest, dividends, tax payments and intercompany sales transactions related to administrative costs incurred by the Parent Company, which are billed to Guarantor Subsidiaries on a cost-plus basis. These costs are reported in the Parent’s “Selling, general and administrative expenses” on the Condensed Consolidated Statement of Operations and Comprehensive Income (Loss) Information for the respective period(s). All intercompany transactions are presumed to be settled in cash when they occur and are included in operating activities on the statement of cash flows. Non-operating cash flow changes are classified as financing activities.

A summary of cash and non-cash transactions of the Parent Company’s intercompany account is provided below for the six fiscal months ended July 3, 2015 and the twelve months ended December 31, 2014:



(in millions)	July 3, 2015			December 31, 2014
Beginning Balance	$	1,280.8		$	1,305.5
Non-cash transactions
Deferred tax	(7.1		)	21.4
Equity based awards	4.2			13.8
Foreign currency and other	(0.1		)	5.1
Cash transactions	(139.3		)	(65.0		)
Ending Balance	$	1,138.5		$	1,280.8

Dividends

There were no cash dividend payments to the Parent Company from the Guarantor Subsidiaries in the six fiscal months ended July 3, 2015 or June 27, 2014.

Parent Company Long-Term Debt

At July 3, 2015 and December 31, 2014, the Parent Company was party to the following long-term financing arrangements:



(in millions)	July 3, 2015			December 31, 2014
5.75% Senior Notes due 2022	$	600.0		$	600.0
Subordinated Convertible Notes due 2029	429.5			429.5
Debt discount on Subordinated Convertible Notes due 2029	(258.8		)	(259.7		)
Senior Floating Rate Notes	—			125.0
Other	9.0			9.0
Total Parent Company debt	779.7			903.8
Less current maturities	—			125.0
Parent Company Long-term debt	$	779.7		$	778.8

(in millions)

Q2 2016

Q2 2017

Q2 2018

Q2 2019

Q2 2020

Debt maturities twelve month period ending

—

For long-term debt related to the Parent Company, refer to Note 9 "Long-Term Debt" of the Notes to the Condensed Consolidated Financial Statements.

Commitments and Contingencies

For contingencies and guarantees related to the Parent Company, refer to Note 18 "Commitments and Contingencies" of the Notes to the Condensed Consolidated Financial Statements.