FY13 Allocable Non‐PayrollAF11Pyramid Allocable Feb March April May June July August September October November YTD Company Code TypeProperty Development 90305000 658.91             756.62         1,096.98         545.55           874.73            347.63            472.27                      1,046.57           1,239.91                7,039.16         1001 ServiceProperty Development 90007000 16,502.44       3,707.52      4,289.88         3,244.90       7,794.63         1,771.77         3,221.76                   3,017.61           4,476.71                48,027.23       1114 StrategyProperty Development 90010000 2,763.76          622.57         698.42            1,404.19       1,333.30         584.20            1,064.87                   460.23              304.68                   9,236.23         1114 StrategyProperty Development 90018000 8,051.49          3,932.85      1,683.84         3,019.30       1,431.81         1,383.90         2,038.78                   2,059.81           1,491.38                25,093.16       1114 StrategyProperty Development 90022000 36,518.85       19,343.30     12,063.70       13,449.06     13,990.91       8,534.16         9,453.19                   6,591.71           5,053.63                124,998.49    1114 StrategyProperty Development 90240000 16,064.53       3,717.49      444.40            725.73           228.70            643.99            1,274.95                   2,485.54           2,548.85                28,134.18       1114 StrategyProperty Development 90246000 24,422.79       8,050.28      17,475.63       9,776.44       8,708.79         2,129.98         10,464.32                 5,608.82           2,088.22                88,725.28       1114 StrategyProperty Development 90253000 5,561.60          5,633.96      3,117.30         1,440.63       973.08            (3,040.93)        1,705.36                   622.76              227.33                   16,241.08       1114 StrategyProperty Development 90259000 2,191.40          681.40         128.93            499.27           961.77            610.74            483.52                      1,509.12           260.88                   7,327.02         1114 StrategyProperty Development 90263000 15,950.62       4,077.95      2,272.67         4,680.56       2,833.90         3,715.11         9,104.77                   5,221.72           735.62                   48,592.93       1114 StrategyProperty Development 90264000 2,442.42          702.65         1,368.78         1,689.16       472.42            529.31            440.99                      1,030.14           286.80                   8,962.69         1114 StrategyProperty Development 90266000 5,205.68          17,603.02     10,538.75       24,529.13     (10,929.50)     1,183.06         714.86                      (28,176.15)       1,069.79                21,738.64       1114 StrategyProperty Development 90270000 6423.09 2,858.67          1,283.50      205.72            928.62           375.94            78.73              36.24                       274.54              494.97                   12,960.03       1114 StrategyProperty Development 90275000 99.60               45.96            ‐                   38.22             69.15              38.01              40.18                       34.12                42.90                      408.12            1114 StrategyProperty Development 90276000 8,105.24          71.53            171.85            150.64           55.92              13.48              61.05                       ‐                     5.46                        8,635.17         1114 StrategyProperty Development 90279000 191.70             28.05            202.75            463.33           242.46            653.45            881.19                      300.58              14.90                      2,978.42         1114 StrategyProperty Development 90290000 2,974.87          2,780.85      3,098.13         3,015.98       1,922.19         1,106.19         1,682.50                   1,163.52           899.09                   18,643.32       1114 StrategyProperty Development 90292000 12,235.77       1,954.55      2,746.33         3,168.41       1,392.35         1,602.98         2,951.75                   2,185.97           1,231.32                29,469.42       1114 StrategyProperty Development 90293000 5,380.67          2,386.55      1,654.07         1,513.57       888.18            710.69            1,616.48                   921.04              889.67                   15,960.90       1114 StrategyProperty Development 90294000 15,215.12       2,676.54      1,838.21         1,845.45       3,458.42         2,650.75         2,428.36                   2,286.13           1,909.57                34,308.55       1114 StrategyProperty Development 90296000 28,943.26       ‐                (168,267.81)   (16,767.68)    21,033.22       584.52            3,188.75                   (18,192.03)       5,599.02                (143,878.75)   1114 StrategyProperty Development 90303000 59,373.19       17,840.51     18,349.76       22,201.04     10,364.67       11,233.41       11,115.02                 15,633.11         5,854.75                171,965.46    1114 StrategyProperty Development 90306000 (1,745.82)        1,241.68      2,940.33         837.47           914.33            1,645.88         892.07                      652.42              1,203.04                8,581.39         1114 StrategyProperty Development 93124000 0.72                 0.14              168.88            30.43             58.43              115.36            218.23                      139.43              64.94                      796.58            1114 Strategy

6423.09 269,967.47     99,139.45     (81,712.51)     82,429.41     69,449.82       38,826.37       65,551.45                 6,876.71           37,993.43              594,944.69    AF7

AF11. Allocable ‐ Non‐Payroll

FY13/FY14 Canada National Property Development Team Member Payroll ExpenseAF12

AF7

Cost Center GL Account Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12TGT2/80008028TGT1/7010110 PD ADMIN CAN EXEMPT PAYROLL 114,118.48 164,399.26 90,941.41 135,733.00 191,886.80 151,297.03 147,056.93 185,852.32 132,064.92 117,677.86 167,518.01 131,203.23

AF14AF7

Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12138,365.30 177,015.31 141,072.41 154,140.36 149,540.20 140,428.75 122,069.99 168,219.72 37,437.46 122,928.69 164,203.95 36,213.21

AF13

2013

2014

PD 11 FY2014 ‐ Cost Center 80008028 ‐ Canada PD TM PayrollSource: ADP Payroll GL Detail file and Expat Salary Reclass *Names have been omitted for confidentiality  reasonsAF13

GL#     PROF COSTCTR    INT‐ORD PEDATE   PAYDTE   AMOUNT      LABEL    NAME* BR DEPT   EMP#      HOMECC    ET SH PR BN ADP# Job Title7010110 PROF 80008028         11292014 12052014 3,334.62                                   REGULAR  2 3121 95000023 80008028 BF S  1 0 T2BW PD Business Partner7010110 PROF 80008028         11292014 12052014 (1,215.00)                                  ADJ01$   2 9730 95000052 80008028 BE S  1 0 T1NZ Manager HQ Building Operations7010110 PROF 80008028         11292014 12052014 4,050.00                                   REGULAR  2 9730 95000052 80008028 BE S  1 0 T1NZ Manager HQ Building Operations7010110 PROF 80008028         11292014 12052014 1,215.00                                   VACATION 2 9730 95000052 80008028 BE S  1 0 T1NZ Manager HQ Building Operations7010110 PROF 80008028         11292014 12052014 5,088.47                                   REGULAR  2 9730 95000186 80008028 BD S  1 0 T1NZ PD Field Leader7010110 PROF 80008028         11292014 12052014 221.18                                      RETROPRD 2 9730 95000186 80008028 BD S  1 0 T1NZ PD Field Leader7010110 PROF 80008028         11292014 12052014 2,103.85                                   REGULAR  2 9730 95000188 80008028 BG S  1 0 T1NZ Bldg Ops Maintenance Tech II7010110 PROF 80008028         11292014 12052014 3,653.85                                   REGULAR  2 3126 95000258 80008028 BF S  1 0 T2C1 PD Business Partner7010110 PROF 80008028         11292014 12052014 5,976.93                                   REGULAR  2 9730 95000482 80008028 BD S  1 0 T1NZ PD Field Leader7010110 PROF 80008028         11292014 12052014 2,000.00                                   REGULAR  2 9730 95000550 80008028 BG S  1 0 T1NZ Director Assistant7010110 PROF 80008028         11292014 12052014 (1,882.70)                                  REG ADJ  2 3122 95001096 80008028 BF S  1 0 T2BX PD Business Partner7010110 PROF 80008028         11292014 12052014 1,882.70                                   SICK HRS 2 3122 95001096 80008028 BF S  1 0 T2BX PD Business Partner7010110 PROF 80008028         11292014 12052014 3,915.39                                   REGULAR  2 3115 95001225 80008028 BF S  6 0 T2BU PD Business Partner7010110 PROF 80008028         11292014 12052014 3,746.16                                   REGULAR  2 3114 95001227 80008028 BF S  4 0 T2BT PD Business Partner7010110 PROF 80008028         11292014 12052014 13.87                                        AUTOVACX 2 3120 95001240 80008028 BE S  1 0 T2BV Senior PD Business Partner7010110 PROF 80008028         11292014 12052014 346.87                                      GOODSERV 2 3120 95001240 80008028 BE S  1 0 T2BV Senior PD Business Partner7010110 PROF 80008028         11292014 12052014 4,123.08                                   REGULAR  2 3120 95001240 80008028 BE S  1 0 T2BV Senior PD Business Partner7010110 PROF 80008028         11292014 12052014 (772.30)                                     ADJ01$   2 3110 95001860 80008028 BF S  3 0 T2BP Senior PD Business Partner7010110 PROF 80008028         11292014 12052014 3,861.54                                   REGULAR  2 3110 95001860 80008028 BF S  3 0 T2BP Senior PD Business Partner7010110 PROF 80008028         11292014 12052014 350.00                                      RETROPRD 2 3110 95001860 80008028 BF S  3 0 T2BP Senior PD Business Partner7010110 PROF 80008028         11292014 12052014 386.15                                      VACATION 2 3110 95001860 80008028 BF S  3 0 T2BP Senior PD Business Partner7010110 PROF 80008028         11292014 12052014 386.15                                      VACATION 2 3110 95001860 80008028 BF S  3 0 T2BP Senior PD Business Partner7010110 PROF 80008028         11292014 12052014 0.14                                          AUTOVACX 2 3131 95006714 80008028 BF S  7 0 T30A PD Business Partner7010110 PROF 80008028         11292014 12052014 3,715.39                                   REGULAR  2 3131 95006714 80008028 BF S  7 0 T30A PD Business Partner7010110 PROF 80008028         11292014 12052014 4,596.16                                   REGULAR  2 3130 95006734 80008028 BE S  2 0 T2C2 Senior PD Business Partner

GL#     PROF COSTCTR    INT‐ORD PEDATE   PAYDTE   AMOUNT      LABEL    NAME         BR DEPT   EMP#      HOMECC    ET SH PR BN ADP# Column1 Job Title7010110 PROF 80008028         12132014 12192014 (1,123.85)                                  ADJ01$   2 3114 95001227 80008028 BF S  4 0 T2BT canadian nationals PD Business Partner7010110 PROF 80008028         12132014 12192014 0.14                                          AUTOVACX 2 3131 95006714 80008028 BF S  7 0 T30A canadian nationals Manager HQ Building Operations7010110 PROF 80008028         12132014 12192014 13.87                                        AUTOVACX 2 3120 95001240 80008028 BE S  1 0 T2BV canadian nationals PD Field Leader7010110 PROF 80008028         12132014 12192014 346.87                                      GOODSERV 2 3120 95001240 80008028 BE S  1 0 T2BV canadian nationals Bldg Ops Maintenance Tech II7010110 PROF 80008028         12132014 12192014 (1,882.70)                                  REG ADJ  2 3122 95001096 80008028 BF S  1 0 T2BX canadian nationals PD Business Partner7010110 PROF 80008028         12132014 12192014 3,715.39                                   REGULAR  2 3131 95006714 80008028 BF S  7 0 T30A canadian nationals PD Field Leader7010110 PROF 80008028         12132014 12192014 4,596.16                                   REGULAR  2 3130 95006734 80008028 BE S  2 0 T2C2 canadian nationals Director Assistant7010110 PROF 80008028         12132014 12192014 3,653.85                                   REGULAR  2 3126 95000258 80008028 BF S  1 0 T2C1 canadian nationals PD Business Partner7010110 PROF 80008028         12132014 12192014 3,765.39                                   REGULAR  2 3122 95001096 80008028 BF S  1 0 T2BX canadian nationals PD Business Partner7010110 PROF 80008028         12132014 12192014 3,334.62                                   REGULAR  2 3121 95000023 80008028 BF S  1 0 T2BW canadian nationals PD Business Partner7010110 PROF 80008028         12132014 12192014 4,123.08                                   REGULAR  2 3120 95001240 80008028 BE S  1 0 T2BV canadian nationals PD Business Partner7010110 PROF 80008028         12132014 12192014 3,915.39                                   REGULAR  2 3115 95001225 80008028 BF S  6 0 T2BU canadian nationals PD Business Partner7010110 PROF 80008028         12132014 12192014 3,746.16                                   REGULAR  2 3114 95001227 80008028 BF S  4 0 T2BT canadian nationals PD Business Partner7010110 PROF 80008028         12132014 12192014 3,861.54                                   REGULAR  2 3110 95001860 80008028 BF S  3 0 T2BP canadian nationals PD Business Partner7010110 PROF 80008028         12132014 12192014 2,000.00                                   REGULAR  2 9730 95000550 80008028 BG S  1 0 T1NZ canadian nationals Senior PD Business Partner7010110 PROF 80008028         12132014 12192014 5,976.93                                   REGULAR  2 9730 95000482 80008028 BD S  1 0 T1NZ canadian nationals Senior PD Business Partner7010110 PROF 80008028         12132014 12192014 2,103.85                                   REGULAR  2 9730 95000188 80008028 BG S  1 0 T1NZ canadian nationals Senior PD Business Partner7010110 PROF 80008028         12132014 12192014 5,088.47                                   REGULAR  2 9730 95000186 80008028 BD S  1 0 T1NZ canadian nationals Senior PD Business Partner7010110 PROF 80008028         12132014 12192014 4,050.00                                   REGULAR  2 9730 95000052 80008028 BE S  1 0 T1NZ canadian nationals PD Business Partner7010110 PROF 80008028         12132014 12192014 749.23                                      SICK HRS 2 3114 95001227 80008028 BF S  4 0 T2BT canadian nationals PD Business Partner7010110 PROF 80008028         12132014 12192014 374.62                                      SICK HRS 2 3114 95001227 80008028 BF S  4 0 T2BT canadian nationals Senior PD Business Partner

GLGL#     PROF COSTCTR    INT‐ORD PEDATE   PAYDTE   AMOUNT      LABEL    NAME         BR Emp Group A/ DEPT   EMP#      HOMECC    ET SH PR BN ADP# Column1 Job Title7010110 PROF 80008028         12272014 12312014 0.14                                          AUTOVACX 2 B 3131 95006714 80008028 BF S  7 0 T30A canadian nationals PD Business Partner7010110 PROF 80008028         12272014 12312014 13.87                                        AUTOVACX 2 B 3120 95001240 80008028 BE S  1 0 T2BV canadian nationals Manager HQ Building Operations7010110 PROF 80008028         12272014 12312014 750.00                                      GBL BFEE 2 B 3135 95001186 80008028 BF S  2 0 T2C7 canadian nationals PD Field Leader7010110 PROF 80008028         12272014 12312014 750.00                                      GBL BFEE 2 B 3120 95001240 80008028 BE S  1 0 T2BV canadian nationals Bldg Ops Maintenance Tech II7010110 PROF 80008028         12272014 12312014 3,205.90                                   GBLGROSS 2 B 3135 95001186 80008028 BF S  2 0 T2C7 canadian nationals PD Business Partner7010110 PROF 80008028         12272014 12312014 575.32                                      GBLGROSS 2 B 3120 95001240 80008028 BE S  1 0 T2BV canadian nationals PD Field Leader7010110 PROF 80008028         12272014 12312014 4,145.33                                   GBLTAXAS 2 B 3135 95001186 80008028 BF S  2 0 T2C7 canadian nationals Director Assistant7010110 PROF 80008028         12272014 12312014 346.87                                      GOODSERV 2 B 3120 95001240 80008028 BE S  1 0 T2BV canadian nationals PD Business Partner7010110 PROF 80008028         12272014 12312014 3,715.39                                   REGULAR  2 B 3131 95006714 80008028 BF S  7 0 T30A canadian nationals PD Business Partner7010110 PROF 80008028         12272014 12312014 4,596.16                                   REGULAR  2 B 3130 95006734 80008028 BE S  2 0 T2C2 canadian nationals PD Business Partner7010110 PROF 80008028         12272014 12312014 3,653.85                                   REGULAR  2 B 3126 95000258 80008028 BF S  1 0 T2C1 canadian nationals PD Business Partner7010110 PROF 80008028         12272014 12312014 3,765.39                                   REGULAR  2 B 3122 95001096 80008028 BF S  1 0 T2BX canadian nationals PD Business Partner7010110 PROF 80008028         12272014 12312014 3,334.62                                   REGULAR  2 B 3121 95000023 80008028 BF S  1 0 T2BW canadian nationals PD Business Partner7010110 PROF 80008028         12272014 12312014 4,123.08                                   REGULAR  2 B 3120 95001240 80008028 BE S  1 0 T2BV canadian nationals Senior PD Business Partner7010110 PROF 80008028         12272014 12312014 3,915.39                                   REGULAR  2 B 3115 95001225 80008028 BF S  6 0 T2BU canadian nationals Senior PD Business Partner7010110 PROF 80008028         12272014 12312014 3,746.16                                   REGULAR  2 B 3114 95001227 80008028 BF S  4 0 T2BT canadian nationals Senior PD Business Partner7010110 PROF 80008028         12272014 12312014 3,861.54                                   REGULAR  2 B 3110 95001860 80008028 BF S  3 0 T2BP canadian nationals Senior PD Business Partner7010110 PROF 80008028         12272014 12312014 2,000.00                                   REGULAR  2 B 9730 95000550 80008028 BG S  1 0 T1NZ canadian nationals Senior PD Business Partner7010110 PROF 80008028         12272014 12312014 5,976.93                                   REGULAR  2 B 9730 95000482 80008028 BD S  1 0 T1NZ canadian nationals Senior PD Business Partner7010110 PROF 80008028         12272014 12312014 2,103.85                                   REGULAR  2 B 9730 95000188 80008028 BG S  1 0 T1NZ canadian nationals PD Business Partner7010110 PROF 80008028         12272014 12312014 5,088.47                                   REGULAR  2 B 9730 95000186 80008028 BD S  1 0 T1NZ canadian nationals PD Business Partner7010110 PROF 80008028         12272014 12312014 4,050.00                                   REGULAR  2 B 9730 95000052 80008028 BE S  1 0 T1NZ canadian nationals Senior PD Business Partner

Account

Domestic Company 

Code

Domestic Profit Center

Destination Cost Center

US: Team Member Number

Canada Team 

Member Number  Team Member Name  Position # Start Date January Actuals

 January Actuals (CAD)  Period Comment

7010110 1114 H197 80008028 29719440 95000667 00155133 7 /1 /2012 25,668.27                29,800.86      PD 11‐2014Expat Salary Reclass Senior Director PD7010110 1114 H246 80008028 54604483 95001186 00135801 See Note Below 4,049.18                  4,701.10          PD 11‐2014Expat Salary Reclass

Canadian Nationals 11.29.14 51,097.50                sum of red aboveCanadian Nationals 12.13.14 52,409.01                sum of yellow aboveCanadian Nationals 12.27.14 63,718.26                sum or orange aboveExpat Salary Reclass from US 34,501.96                blue expat reclass entries above

HypoTax back to US on Expats (8,690.09)                TM29719440 HR Nov Accrual Reversal (57,665.38)              Reversal of November payroll accrual ‐ 2 wks accrued

HR Dec Accrl ‐ One week of Pay 28,832.69                AF15Total per Support 164,203.95            

Total Per GL 164,203.95             AF12

Difference ‐                          

Summary of Period 11, 2014 ActivityNote: TM 95001186 was an expat from 10/14/12 to 3/2/13. However, per Payroll accounting, it can take a year or more for all expat assignment costs to come through ad for tax equalization to be completed for the TM. This entry is a true up for expenses not previously charged to Target Canada.

PD 12 FY2013 ‐ Cost Center 80008028  ‐ Canada PD TM PayrollSource: ADP GL Detail file and Expat Salary reclass fileAF14

GL#     PROF COSTCTR    INT‐ORD PEDATE   PAYDTE   AMOUNT      LABEL    NAME         BR DEPT   EMP#      HOMECC      ET SH PR BN ADP# Job Title7010110 PROF 80008028         1112014 1172014 (1,634.62)                 ADJ01$   2 3121 95000023 80008028 BF S  1 0 T2BW PD Business Partner7010110 PROF 80008028         1112014 1172014 (1,134.23)                 ADJ01$   2 3120 95001240 80008028 BF S  1 0 T2BV PD Business Partner7010110 PROF 80008028         1112014 1172014 (480.77)                    ADJ01$   2 9730 95000255 80008028 BE S  1 0 T1NZ PD Business Partner7010110 PROF 80008028         1112014 1172014 0.14                          AUTOVACX 2 3131 95006714 80008028 BF S  7 0 T30A PD Business Partner7010110 PROF 80008028         1112014 1172014 11.13                        AUTOVACX 2 3135 95001186 80008028 BF S  2 0 T2C7 Manager HQ Building Operations7010110 PROF 80008028         1112014 1172014 18.34                        AUTOVACX 2 3120 95001240 80008028 BF S  1 0 T2BV PD Field Leader7010110 PROF 80008028         1112014 1172014 278.35                     GOODSERV 2 3135 95001186 80008028 BF S  2 0 T2C7 Bldg Ops Maintenance Tech II7010110 PROF 80008028         1112014 1172014 458.46                     GOODSERV 2 3120 95001240 80008028 BF S  1 0 T2BV Sr Project Mgr7010110 PROF 80008028         1112014 1172014 3,653.85                  REGULAR  2 3131 95006714 80008028 BF S  7 0 T30A Sr Project Mgr7010110 PROF 80008028         1112014 1172014 2,884.62                  REGULAR  2 3135 95001186 80008028 BF S  2 0 T2C7 Sr Project Mgr7010110 PROF 80008028         1112014 1172014 4,230.77                  REGULAR  2 3130 95006734 80008028 BF S  2 0 T2C2 PD Business Partner7010110 PROF 80008028         1112014 1172014 3,546.16                  REGULAR  2 3126 95000258 80008028 BF S  1 0 T2C1 PD Field Leader7010110 PROF 80008028         1112014 1172014 3,692.31                  REGULAR  2 3122 95001096 80008028 BF S  1 0 T2BX Director Assistant7010110 PROF 80008028         1112014 1172014 3,269.24                  REGULAR  2 3121 95000023 80008028 BF S  1 0 T2BW PD Business Partner7010110 PROF 80008028         1112014 1172014 3,780.77                  REGULAR  2 3120 95001240 80008028 BF S  1 0 T2BV PD Business Partner7010110 PROF 80008028         1112014 1172014 3,846.16                  REGULAR  2 3115 95001225 80008028 BF S  6 0 T2BU PD Business Partner7010110 PROF 80008028         1112014 1172014 3,653.85                  REGULAR  2 3114 95001227 80008028 BF S  4 0 T2BT PD Business Partner7010110 PROF 80008028         1112014 1172014 3,269.24                  REGULAR  2 3110 95001860 80008028 BF S  3 0 T2BP PD Business Partner7010110 PROF 80008028         1112014 1172014 1,961.54                  REGULAR  2 9730 95000550 80008028 BG S  1 0 T1NZ PD Business Partner7010110 PROF 80008028         1112014 1172014 5,861.54                  REGULAR  2 9730 95000482 80008028 BD S  1 0 T1NZ Senior PD Business Partner7010110 PROF 80008028         1112014 1172014 4,807.70                  REGULAR  2 9730 95000255 80008028 BE S  1 0 T1NZ Senior PD Business Partner7010110 PROF 80008028         1112014 1172014 2,061.54                  REGULAR  2 9730 95000188 80008028 BG S  1 0 T1NZ Senior PD Business Partner7010110 PROF 80008028         1112014 1172014 4,557.70                  REGULAR  2 9730 95000186 80008028 BE S  1 0 T1NZ Senior PD Business Partner7010110 PROF 80008028         1112014 1172014 3,961.54                  REGULAR  2 9730 95000052 80008028 BE S  1 0 T1NZ Senior PD Business Partner7010110 PROF 80008028         1112014 1172014 1,307.70                  VACATION 2 3121 95000023 80008028 BF S  1 0 T2BW Senior PD Business Partner7010110 PROF 80008028         1112014 1172014 326.92                     VACATION 2 3121 95000023 80008028 BF S  1 0 T2BW PD Business Partner7010110 PROF 80008028         1112014 1172014 1,134.23                  VACATION 2 3120 95001240 80008028 BF S  1 0 T2BV PD Business Partner7010110 PROF 80008028         1112014 1172014 480.77                     VACATION 2 9730 95000255 80008028 BE S  1 0 T1NZ Senior PD Business Partner

GL#     PROF COSTCTR    INT‐ORD PEDATE   PAYDTE   AMOUNT      LABEL    NAME         BR DEPT   EMP#      HOMECC      ET SH PR BN ADP# Job Title7010110 PROF 80008028         1252014 1312014 (2,115.38)                 ADJ01$   2 3130 95006734 80008028 BF S  2 0 T2C2 PD Business Partner7010110 PROF 80008028         1252014 1312014 0.14                          AUTOVACX 2 3131 95006714 80008028 BF S  7 0 T30A Manager HQ Building Operations7010110 PROF 80008028         1252014 1312014 11.13                        AUTOVACX 2 3135 95001186 80008028 BF S  2 0 T2C7 PD Field Leader7010110 PROF 80008028         1252014 1312014 18.34                        AUTOVACX 2 3120 95001240 80008028 BF S  1 0 T2BV Bldg Ops Maintenance Tech II7010110 PROF 80008028         1252014 1312014 278.35                     GOODSERV 2 3135 95001186 80008028 BF S  2 0 T2C7 Sr Project Mgr7010110 PROF 80008028         1252014 1312014 458.46                     GOODSERV 2 3120 95001240 80008028 BF S  1 0 T2BV PD Business Partner7010110 PROF 80008028         1252014 1312014 3,653.85                  REGULAR  2 3131 95006714 80008028 BF S  7 0 T30A PD Field Leader7010110 PROF 80008028         1252014 1312014 2,884.62                  REGULAR  2 3135 95001186 80008028 BF S  2 0 T2C7 Director Assistant7010110 PROF 80008028         1252014 1312014 4,230.77                  REGULAR  2 3130 95006734 80008028 BF S  2 0 T2C2 PD Business Partner7010110 PROF 80008028         1252014 1312014 3,546.16                  REGULAR  2 3126 95000258 80008028 BF S  1 0 T2C1 PD Business Partner7010110 PROF 80008028         1252014 1312014 3,692.31                  REGULAR  2 3122 95001096 80008028 BF S  1 0 T2BX PD Business Partner7010110 PROF 80008028         1252014 1312014 3,269.24                  REGULAR  2 3121 95000023 80008028 BF S  1 0 T2BW PD Business Partner7010110 PROF 80008028         1252014 1312014 3,780.77                  REGULAR  2 3120 95001240 80008028 BF S  1 0 T2BV PD Business Partner7010110 PROF 80008028         1252014 1312014 3,846.16                  REGULAR  2 3115 95001225 80008028 BF S  6 0 T2BU PD Business Partner7010110 PROF 80008028         1252014 1312014 3,653.85                  REGULAR  2 3114 95001227 80008028 BF S  4 0 T2BT Senior PD Business Partner7010110 PROF 80008028         1252014 1312014 3,269.24                  REGULAR  2 3110 95001860 80008028 BF S  3 0 T2BP Senior PD Business Partner7010110 PROF 80008028         1252014 1312014 1,961.54                  REGULAR  2 9730 95000550 80008028 BG S  1 0 T1NZ Senior PD Business Partner7010110 PROF 80008028         1252014 1312014 5,861.54                  REGULAR  2 9730 95000482 80008028 BD S  1 0 T1NZ Senior PD Business Partner7010110 PROF 80008028         1252014 1312014 4,807.70                  REGULAR  2 9730 95000255 80008028 BE S  1 0 T1NZ PD Business Partner7010110 PROF 80008028         1252014 1312014 2,061.54                  REGULAR  2 9730 95000188 80008028 BG S  1 0 T1NZ PD Business Partner7010110 PROF 80008028         1252014 1312014 4,557.70                  REGULAR  2 9730 95000186 80008028 BE S  1 0 T1NZ Senior PD Business Partner7010110 PROF 80008028         1252014 1312014 3,961.54                  REGULAR  2 9730 95000052 80008028 BE S  1 0 T1NZ Senior PD Business Partner7010110 PROF 80008028         1252014 1312014 2,115.38                  VACATION 2 3130 95006734 80008028 BF S  2 0 T2C2 Senior PD Business Partner

Account

Domestic Company 

Code Domestic Profit CenterDestination Cost 

Center

US: Team Member Number

Canada Team 

Member Number

 Team Member Name  Position # Start Date January Actuals

 January Actuals (CAD)  Period Comment

7010110 1114 H197 80008028 29719440 95000667 155133 7/1/2012 24,202.71                26,927.94            PD 12‐2013Expat Salary Reclass Senior Director PD

Canadian Nationals 1.1.14 59,804.95              sum of yellow above 119,609.90             Total Per Detail1.25.14 59,804.95              sum or orange above

Expat Salary Reclass from US 26,927.94              131,203.23             Per GLHypoTax back to US on Expats (15,334.61)            TM29719440 

Total per Support 131,203.23           (11,593.33)              Difference

Total Per GL 131,203.23           AF12

Difference ‐                         

Summary of Period 12, 2013 Activity

Canada PD TM ‐ Dec AccrualAF15Pers.No. Prev.PersNo. First name Last name Date type Date PS group WS rule WkHrs Annual salary Dec J/E Amount Annual salary Organizational key Job Job Position Employment Status Customer‐Specific Status Name of Manager (OM) Employee Subgroup PSubarea Personnel Subarea WorkC PArea Action Type Start Date Reason for Action Cost Ctr95000023 0058684630 Corporate Hire Date 09/04/2011 E15 EXREGXX 80.00 86,700.00 1,667.31 CAD TPDEV 00100082 PD Business Partner 20000098 Active Active Michel Lionel Lebrun EX‐Executive 3121 D‐Ham/St. Cat 01 01 Return from LOA 06/10/2013 RFL ‐ Return from Leave 8000802895000052 0059783530 Corporate Hire Date 12/18/2011 E17 LMREGXX 80.00 105,300.00 2,025.00 CAD TPDEV 00100060 Manager HQ Building Operations 20000059 Active Active Laurie Mahowald LM‐Lead Management 9730 H‐HQ Mississaug 01 01 Hire 12/18/2011 New Hire 8000802895000186 0059948505 Corporate Hire Date 03/05/2012 E19 KMREGXX 80.00 132,300.00 2,544.23 CAD TPDEV 00100210 PD Field Leader 20000010 Active Active Laurie Mahowald KM‐Key Management 9730 H‐HQ Mississaug 01 01 Hire 03/05/2012 New Hire 8000802895000188 0059937599 Corporate Hire Date 03/05/2012 E05 EXREGXX 80.00 54,700.00 1,051.92 CAD TPDEV 00100074 Bldg Ops Maintenance Tech II 20000062 Active Active Richard Kozlowski EX‐OT‐Executive (OT) 9730 H‐HQ Mississaug 01 01 Return from LOA 10/20/2014 PFL‐Partial RFL‐Restricted Hrs 8000802895000258 0059961649 Corporate Hire Date 03/19/2012 E15 EXNG1XX 80.00 95,000.00 1,826.92 CAD TPDEV 00100082 PD Business Partner 20000102 Active Active Michel Lionel Lebrun EX‐Executive 3126 D‐East Ontario 01 01 Hire 03/19/2012 New Hire 8000802895000482 Corporate Hire Date 07/09/2012 E21 KMNG1XX 80.00 155,400.00 2,988.46 CAD TPDEV 00100089 PD Field Leader 20000069 Active Active Laurie Mahowald KM‐Key Management 9730 H‐HQ Mississaug 01 01 Hire 07/09/2012 New Hire 8000802895000550 Corporate Hire Date 07/23/2012 E05 EXNG1XX 80.00 52,000.00 1,000.00 CAD TPDEV 00100071 Director Assistant 20001660 Active Active Laurie Mahowald EX‐OT‐Executive (OT) 9730 H‐HQ Mississaug 01 01 Hire 07/23/2012 New Hire 8000802895001096 Corporate Hire Date 10/15/2012 E15 EXREGXX 80.00 97,900.00 1,882.69 CAD TPDEV 00100082 PD Business Partner 20000099 Active Active Michel Lionel Lebrun EX‐Executive 3122 D‐Kit/Lon/Win 01 01 Return from LOA 12/08/2014 RFL ‐ Return from Leave 8000802895001225 Corporate Hire Date 12/17/2012 E15 EXNG1XX 80.00 101,800.00 1,957.69 CAD TPDEV 00100082 PD Business Partner 20000315 Active Active Bradley Stuart Gordon EX‐Executive 3115 D‐Prairies 01 01 Hire 12/17/2012 New Hire 8000802895001227 Corporate Hire Date 12/17/2012 E15 EXNG1XX 80.00 97,400.00 1,873.08 CAD TPDEV 00100082 PD Business Partner 20001918 Active Active Bradley Stuart Gordon EX‐Executive 3114 D‐Calgary 01 01 Hire 12/17/2012 New Hire 8000802895001240 48344956 Corporate Hire Date 04/22/2007 E17 LMREGXX 80.00 107,200.00 2,061.54 CAD TPDEV 00102656 Senior PD Business Partner 20000100 Active Active Michel Lionel Lebrun LM‐Lead Management 3120 G‐Toronto 01 01 Hire 11/25/2012 TIA‐Transfer In Frm Another Co 8000802895001860 Corporate Hire Date 01/02/2013 E17 EXNG1XX 80.00 100,400.00 1,930.77 CAD TPDEV 00102656 Senior PD Business Partner 20001919 Active Active Bradley Stuart Gordon EX‐Executive 3110 G‐Vancouver 01 01 Hire 01/02/2013 New Hire 8000802895006714 Corporate Hire Date 04/01/2013 E15 EXNG1XX 80.00 96,600.00 1,857.69 CAD TPDEV 00100082 PD Business Partner 20000316 Active Active Michel Lionel Lebrun EX‐Executive 3131 D‐Atl Canada 01 01 Hire 04/01/2013 New Hire 8000802895006734 Corporate Hire Date 04/01/2013 E17 LMNG1XX 80.00 119,500.00 2,298.08 CAD TPDEV 00102656 Senior PD Business Partner 20000317 Active Active Michel Lionel Lebrun LM‐Lead Management 3130 G‐Montreal 01 01 Hire 04/01/2013 New Hire 8000802895011233 Corporate Hire Date 04/22/2013 E15 EXREGXX 80.00 97,100.00 1,867.31 CAD TPDEV 00100082 PD Business Partner 20000101 Active Active Michel Lionel Lebrun EX‐Executive 3135 D‐Montreal N 01 01 Hire 04/22/2013 New Hire 80008028

28,832.69 AF13

Entry to accrue one week of pay for Canada team members due to the timing of pay runs and month end. Calculation is annual salary divided by 52 to arrive at one week of pay. This entry would reverse in the subsequent period.

SCHEDULE B3

CanCo

Prop LLC

Formed 1/9/14

Prop LP

Assigned leases and subleases to PropLLC as of 1/9/14, in exchange for

Loan Facility

Early Term Payment$1.9B

Fixed Asset Pmts$74M

Loan Facility$1.353B

3rd Party Contractors prior to 1/9/14

Cash payments for Fixed

Assets $324M

Tax AgencyCash payments

for Taxes on LP/LLC transaction $145M

3rd Party Contractors post 1/9/14

Cash payments for Fixed

Assets $42M

3rd Party Contractors post 1/9/14

Cash payments for Fixed

Assets $79M

Sum of A’s = Loan Facility of $1.353B

Note Funding $157M

Loan Facility Funding( $157M)

Other Payments And Transfers

$5.5M

Flowchart of transactions impacting PropLP’s claim against Prop LLC

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Tieout Summary and Process Notes

Entities Involved:

Target Canada Co (CanCo) – Companies 1138/2001

Target Canada Property LP (PropLP) – Company 1162 (1148/2006 prior to LLC formation)

Target Canada Property LLC (Prop LLC) – Companies 1148/2006

Claim Summary and Process:

The following steps were taken to support PropLP’s claim of $1,449,577,927 against the estate of Prop LLC.

1.) Support beginning Loan Facility balance - Property values per Loan Facility agreement were based on Real Property (RP) spend by location as of 1/9/14:

Beg. Loan Facility Balance (CAD) Reference

$ 1,331,556,150 RF22 - Supporting schedule provides detail of RP spend through 1/9/14 at PropLP locations (immaterial difference to Loan Facility agreement)

In order to support the total RP spend the following procedures were performed:

a. GL Detail - Tied the total RP spend from RF22 to the GL detail in account 1092910 – Other Intercompany Accounts Receivable. As the PropLP/Prop LLC company codes could not systematically use the fixed asset module to record fixed assets, account 1092910 represented the fixed assets due to PropLP from CanCo. The total payments per the rollforward at RF22 agreed to the GL detail at GL1 without exception. (See also reconciliation summary at N2)

b. Fixed Asset Detail - Reconciled the Fixed Asset module detail (resides on CanCo) for PropLP assets to the total RP spend within an immaterial amount. See reconciliation at RF22 and N2.

c. Cash Payments - In order to support the cash payments made by PropLP to CanCo and contractors, which generated the intercompany (fixed asset) receivable recorded on PropLP, additional GL accounts were pulled into the GL detail to be able to tie out the cash payments. Cash payments not only were allocated to the fixed asset receivable, but also to taxes and retainage liability. Note: Only the amounts in 1092910 relate to fixed assets, so the pivot table at GL2.1-GL2.4 which corresponds to the fixed asset rollforward references includes only that account. Other accounts are included for tieout to cash purposes only.

GL detail in the following accounts needs to be added together to tie out cash payment detail: 1092910 Other Receivable (Fixed asset receivable) 1093100 GST/HST Receivable 1093110 QST Receivable 2032200 Retainage Liability

Tieout Summary and Process Notes

See pivot table at GL2.1-GL2.4 for GL detail summed by reference to cash detail at pivot tables C1-C7.

d. Bank Statements - Traced cash detail pivot tables to bank statement details using reference numbers

for each line item.

2.) Support taxes included in Loan Facility balance - CAD $145,439,561 (Section T) - GST/HST and QST taxes were withheld and refunded as part of this property transaction. PropLP remitted the estimated taxes to the government on behalf of Prop LLC. As such, the estimated taxes were added to the initial Loan Facility balance. When the taxes were refunded, the cash was deposited in to Prop LLC’s bank account. The estimated tax payments have been traced to PropLP’s bank statements (B64) and the tax refunds have been traced to Prop LLC’s bank statements (B1).

3.) Support for Funding Received from Prop LLC – CAD $157,000,000 (N1) Prop LP received cash from Prop LLC to pay taxes and make payments on behalf of. Due to Prop LLC not having a bank account at the time, the cash was received directly from Target Corp. The cash funding Prop LLC received from Target Corporation increased Prop LLC's Note Payable to Target Corporation and decreased its Loan Facility (payable) with Prop LP. The cash funding amounts have been traced to Prop LP’s bank account showing the funds coming in from Target Corporation.

4.) Support for fixed asset payments PropLP made on behalf of Prop LLC - CAD $41,786,915 (N1) - After the inception of the Loan Facility, PropLP continued to make payments on behalf of Prop LLC and also transferred funds to Prop LLC’s bank accounts. The summary of this activity is presented on N1 and has also been traced without exception to PropLP’s bank statements.

5.) Support for Other Payments/Transfers – PropLP made various payments on behalf of Prop LLC subsequent to 01/09/2014, the date Prop LLC was formed. PropLP made payments for rent and transfers to LLC’s bank account. Rent and bank transfers in the amount of $21,684,067 has been supported to bank statements and rent schedules at R1, B69, C8, and DD2. Additionally, once Prop LLC was fully operational with a bank account established, Prop LLC settled some of PropLP’s remaining assets and liabilities on their behalf. A reconciliation of the PropLP’s final trial balance and subsequent payment activity is included at TB2. This activity resulted in a $16,206,544 decrease to PropLP’s Loan Facility (receivable), as Prop LLC settled PropLP’s retainage liability on PropLP’s behalf.

Payments on behalf of: PropLP’s payments for Prop LLC $21,684,067 Prop LLC’s payments for PropLP ($16,206,544) TOTAL $5,477,523

6.) Support interest included in Loan Facility balance - CAD $96,792,801 – (N3)

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1

N1

Date Amount in CAD Balance Drawdown Ref

(at DD1-2) Drawdown Categorization January 9, 2014 a 1,462,520,687.18 1,462,520,687.18 1/9/14 Transfer Date Includes:January 9, 2014 R1 12,461,791.27 d 1,474,982,478.45 Rent Payments Assets under construction 62,667,200

January 13, 2014 DD1 - 1,474,982,478.45 1 ** Fixed Assets 1,268,823,241 *See note below - included landJanuary 14, 2014 DD1 - 1,474,982,478.45 2 ** Misc Adj 65,708 immJanuary 15, 2014 DD1 - 1,474,982,478.45 3 ** Subtotal RF22 1,331,556,150 A4, ties to Agreement, TB1January 21, 2014 DD1 - 1,474,982,478.45 4 ** Exclude Land L1 (14,475,023) *See note below - remove landJanuary 30, 2014 DD1 - 1,474,982,478.45 5 ** Subtotal 1,317,081,126 January 30, 2014 R1 687,685.99 d 1,475,670,164.44 Rent Payments GST Collected T2 118,223,144 See JE support/cash paymentsFebruary 2, 2014 TB2 (16,206,544.00) d 1,459,463,620.44 Settle LP Final BS QST Collected T2 27,216,417 See JE support/cash paymentsFebruary 7, 2014 DD1 6,083,685.89 c 1,465,547,306.33 6 Construction Pmt Total I1 1,462,520,687 a

February 12, 2014 DD1 6,531,062.84 c 1,472,078,369.17 7 Construction PmtFebruary 14, 2014 DD1 1,237,018.39 c 1,473,315,387.56 8 Construction Pmt Funding Rec'd LLC (157,000,000) sum of b'sFebruary 18, 2014 DD1 162,411.90 c 1,473,477,799.46 9 Construction Pmt Payments for fixed assets 41,786,915 sum of c'sFebruary 19, 2014 DD1 4,816,856.44 c 1,478,294,655.90 10 Construction Pmt Other payments/transfers 5,477,523 sum of d'sFebruary 25, 2014 DD1 385,879.18 c 1,478,680,535.08 11 Construction Pmt Final Loan Facility Balance 1,352,785,125 TB2February 26, 2014 DD1 2,856,146.67 c 1,481,536,681.75 12 Construction PmtFebruary 27, 2014 DD2 (141,000,000.00) b 1,340,536,681.75 22 Funding from LLC/Corp NoteFebruary 28, 2014 DD1 72,035.48 c 1,340,608,717.23 13 Construction PmtFebruary 28, 2014 B69 8,000,000.00 d 1,348,608,717.23 LP as APIC, cash to LLC

March 6, 2014 DD2 2,820,135.57 c 1,351,428,852.80 14 Construction PmtMarch 7, 2014 DD2 1,060,109.98 c 1,352,488,962.78 15 Construction Pmt

March 10, 2014 DD2 4,771,460.41 c 1,357,260,423.19 16 Construction PmtMarch 10, 2014 DD2 (5,000,000.00) b 1,352,260,423.19 23 Funding from LLC/Corp NoteMarch 14, 2014 DD2 20,886.08 c 1,352,281,309.27 17 Construction PmtMarch 18, 2014 DD2 5,383,484.43 c 1,357,664,793.70 18 Construction PmtMarch 18, 2014 DD2 (6,000,000.00) b 1,351,664,793.70 24 Funding from LLC/Corp NoteMarch 20, 2014 DD2 (5,000,000.00) b 1,346,664,793.70 25 Funding from LLC/Corp NoteMarch 20, 2014 DD2 3,677,089.19 c 1,350,341,882.89 19 Construction PmtMarch 20, 2014 C8 2,000,000.00 d 1,352,341,882.89 Transfer LP to LLCMarch 28, 2014 DD2 1,908,652.55 c 1,354,250,535.44 20 Construction PmtMarch 28, 2014 DD2 (1,725,000.00) d 1,352,525,535.44 21 Transfer LLC to LP

April 29, 2014 C8 238,588.01 d 1,352,764,123.45 Transfer LP to LLCJune 13, 2014 C8 21,002.00 d 1,352,785,125.45 Transfer LP to LLC

1,352,785,125.45 TB2 Final Loan Facility Balance

N3 96,792,801.34 Accrued Interest

1,449,577,926.79 Total Prop LP/LLC Loan Facility Claim

Loan Facility Balance Summary

Summary of Drawdowns on Loan Facility from Target Canada Property LP to Target Canada Property LLCDrawdown Confirmation

Up to $2Billion CAD

Notes:

*Original loan facility agreement FMV assessment included land in calculation. As Target Canada Co retains legal title to all land, it should not be transferred to or paid for by PropLP. As such, the value of land PropLP paid has been included as a claim against Target Canada Co and has not been transferred to Prop LLC.

**January 2014 payments made by PropLP after January 9th are not included as drawdown activity as they represent payments that were made for assets transferred with the initial loan facility balance. (Pre-January + January 2014 payments comprise the 1,317,081,126 transfer value)

Drawdown Categorization Types:-Construction Pmt - Payments made by PropLP directly to contractors for fixed assets on behalf of Prop LLC. These payments increase the loan facility (receivable) from Prop LLC.-Funding from LLC/Corp Note - PropLP received cash from Prop LLC to pay taxes and make payments on behalf of. Due to Prop LLC not having a bank account at the time, this cash was received directly from Target Corp. This funding from Prop LLC increased Prop LLC's Note Payable to Target Corporation and decreased its Loan Facility Payable to PropLP. -LP as APIC, cash to LLC - Prop LLC received cash directly from its Parent NE3, however, the cash legally moved through PropLP as an increase in APIC. (Increase in LP APIC, Increase in Loan Facility Receivable from Prop LLC)-Transfer LP to LLC - Cash transferred from PropLP's bank account to Prop LLC's. This activity increases PropLP's Loan Facility Receivable from Prop LLC.-Transfer LLC to LP - Cash transferred from Prop LLC's bank account to PropLP's. This activity decreases PropLP's Loan Facility Receivable from Prop LLC.-Rent Payments - PropLP paid Prop LLC's December and January rent on Prop LLC's behalf. This activity increases PropLP's Loan Facility Receivable from Prop LLC. See R1 for further details.-Settle LP Final BS - Subsequent to the transaction with Prop LLC on January 9th, PropLP continued to make payments on behalf of Prop LLC and settled some of its own outstanding Receivables and Payables. However, certain balance sheet items remained after PropLP cash activity ceased (primarily retainage liability). As these balance sheet items were settled by year end 2014, we have assumed that these remaining net liabilities were paid by Prop LLC on behalf of PropLP. This activity decreases the Loan Facility Receivable from Prop LLC. As the majority of this activity is related to retainage, we have concluded the net liability was assumed by Prop LLC on the first day Prop LLC was responsible for making contractor payments (2/2/14).

N2

N2 - Excerpt from RF22Summary of Reconciliations

Reconciliation of RP spend to Cash Payments:PropLP Cash Payments Per Rollforward 1,331,550,232.70 RF22, yTotal PropLP Real Prop Spend per RF 1,350,722,328.75 RF22, sum of z'sDifference (19,172,096.05) Reconciling items: - Payments for 7012 (not Prop loc) 5,308,261.70 site 7012 pmts RF21, Note 1PropLP Net Overpayments 13,863,834.35 RF22, x, Note 1Difference (0.00)

- Reconciliation of RP spend to GL Detail: - Total PropLP payments per RF 1,350,722,328.75 RF22, sum of z'sTotal FA lines per GL detail 1,350,722,328.75 GL1Difference (0.00)

- Reconciliation of RP spend to Fixed Asset subledger detail: - Total PropLP payments per RF 1,331,550,232.70 RF22, yTotal per FA module detail 1,254,295,127.17 F5AUC per N1 62,667,200.00 N1Difference 14,587,905.53 Reconciling items: - Land Payments - in RF not FA 14,475,023.32 L1, Note 1Net Difference 112,882.21 imm

- -

Reconciliation of RP spend to Loan Facility Agreement: - Total PropLP payments per RF 1,331,550,232.70 RF22, sum of z'sTotal Real property per agreement 1,331,556,149.50 N1Difference (5,916.80) imm

Note 1: PropLP overpaid Target Canada Co (CanCo) and contractors through 1/9/14 for Land, Non-Prop sites, and Misc payments. CanCo retained all legal title to land in the lease/sublease relationship so PropLP should not have paid for land.

The total of these overpayments will be submitted as a claim between CanCo and PropLP:

Land 14,475,023Overpayments 13,863,834Non-Prop Sites 5,308,262

Total PropLP Receivable from CanCo 33,647,119

N3

Entity Face amount Rate # days Interest accrual

Jan-14 Prop Co. LP (Lender) Prop Co LLC (Borrower) 1,475,670,164.44 7.000% 24 * 6,792,125.69 FY2013

Feb-14 Prop Co. LP (Lender) Prop Co LLC (Borrower) 1,348,608,717.23 7.000% 28 7,241,844.07

Mar-14 Prop Co. LP (Lender) Prop Co LLC (Borrower) 1,352,525,535.44 7.000% 35 9,078,596.06

Apr-14 Prop Co. LP (Lender) Prop Co LLC (Borrower) 1,352,764,123.45 7.000% 28 7,264,158.03

May-14 Prop Co. LP (Lender) Prop Co LLC (Borrower) 1,352,764,123.45 7.000% 28 7,264,158.03

Jun-14 Prop Co. LP (Lender) Prop Co LLC (Borrower) 1,352,785,125.45 7.000% 35 9,080,338.51

Jul-14 Prop Co. LP (Lender) Prop Co LLC (Borrower) 1,352,785,125.45 7.000% 28 7,264,270.81

Aug-14 Prop Co. LP (Lender) Prop Co LLC (Borrower) 1,352,785,125.45 7.000% 28 7,264,270.81

Sep-14 Prop Co. LP (Lender) Prop Co LLC (Borrower) 1,352,785,125.45 7.000% 35 9,080,338.51

Oct-14 Prop Co. LP (Lender) Prop Co LLC (Borrower) 1,352,785,125.45 7.000% 28 7,264,270.81

Nov-14 Prop Co. LP (Lender) Prop Co LLC (Borrower) 1,352,785,125.45 7.000% 28 7,264,270.81

Dec-14 Prop Co. LP (Lender) Prop Co LLC (Borrower) 1,352,785,125.45 7.000% 35 9,080,338.51

Jan-15 Prop Co. LP (Lender) Prop Co LLC (Borrower) 1,352,785,125.45 7.000% 11 2,853,820.68 through 1.14.15

Total Accrued Interest 96,792,801.34

* Note executed on January 9, 2014

Prop LP/LLC Loan Facility Interest Calc

GL 1

GL 1SAP ECC GL Detail - RF (Real Property spend rollforward) Reference summary, Property LP and Property LLC

Balance Descriptionsum of 1's = 1,350,722,328.75 FY13 Real Property Spend per GL - Prop LP RF22sum of 2's = 152,983,499.97 FY14 Real Property Spend per GL - Prop LLCTotal 1,503,705,828.72 Total Real Property Spend per GL, LP & LLC RF2014.22

(1,503,710,758.13) Total spend per 2014 Dec RollforwardNet Diff (4,929.41) imm

Posting Date (All)

Page Reference Row Labels Sum of Amount in local currency

RF2 a 361,738,244.59 11092910 361,738,244.59

RF4 b 242,917,815.53 11092910 242,917,815.53

RF6 c 30,000,000.00 11092910 30,000,000.00

RF8 d 111,420,040.19 11092910 111,420,040.19

RF12 e 115,427,771.07 11092910 115,427,771.07

RF10 f 45,040,339.46 11092910 45,040,339.46

RF12 g 82,863,034.80 11092910 82,863,034.80

RF14 h 82,722,344.46 11092910 82,722,344.46

RF14 i 65,826,204.71 11092910 65,826,204.71

RF16 j 15,241,639.43 11092910 15,241,639.43

RF16 k 84,361,645.85 11092910 84,361,645.85

RF20 l 64,563,423.60 11092910 64,563,423.60

RF20 m 28,748,887.82 11092910 28,748,887.82

RF22 n 2,914,559.09 11092910 2,914,559.09

RF22 o 16,936,378.15 11092910 16,936,378.15

Purpose: This schedule is a pivot table on the GL data, arranged to show the amount by RF (real property spend rollforward) reference. This shows that the GL detail ties to the rollforward. As we need GL detail to tie to the cash, this proves that we are using the same data. GL = Cash = RF

** - Blank items represent taxes and topside transfers out to fixed assets for Target year end reporting. Intercompany other

Row Lable Keya - hh - tickmark on page denoted in reference column7 digit # (e.g. 1092910) = GL account number

GL 1

Page Reference Row Labels Sum of Amount in local currency

(blank) (1,611,752,741.43) **1092910 (1,466,018,421.32) topside transfers1093100 (118,223,144.00) taxes1093110 (27,216,417.00) taxes2032200 (294,759.11) retainage

taxes 145,439,561.00 21093100 118,223,144.00 1093110 27,216,417.00

p 13,688,586.86 2 13,688,586.86 1092910 13,688,586.86 RF2014.2 13,691,912.86

r 17,518,470.07 2 (3,326.00) imm 17,518,470.07 1092910 17,518,470.07 RF2014.4 17,518,469.80

RF2014.4 q 24,258,612.94 2 0.27 imm1092910 24,258,612.94

z 7,782,179.06 2 7,782,179.06 1092910 7,782,179.06 RF2014.8 7,785,057.66

t 10,330,682.33 2 (2,878.60) imm 10,330,682.33 1092910 10,330,682.33 RF2014.6 10,330,682.43

RF2014.6 s 14,237,341.48 2 (0.10) imm1092910 14,237,341.48

RF2014.8 u 7,313,463.45 21092910 7,313,463.45

y 7,368,940.65 2 7,368,940.65 1092910 7,368,940.65 RF2014.10 7,367,665.65

RF2014.12 aa 9,761,938.82 2 1,275.00 imm1092910 9,761,938.82

RF2014.12 v 11,029,191.60 21092910 11,029,191.60

RF2014.14 x 1,557,339.24 21092910 1,557,339.24

RF2014.14 w 10,816,649.48 21092910 10,816,649.48

RF2014.16 cc 4,585,644.99 21092910 4,585,644.99

RF2014.16 bb 3,433,480.33 21092910 3,433,480.33

RF2014.18 ee 3,110,579.98 21092910 3,110,579.98

RF2014.18 dd 1,884,691.47 21092910 1,884,691.47

RF2014.20 gg 1,699,458.02 21092910 1,699,458.02

RF2014.20 ff 908,393.11 21092910 908,393.11

RF2014.22 hh 1,697,856.09 21092910 1,697,856.09

Grand Total 37,392,648.29

GL 2.1

GL 2 SAP ECC GL Detail - Cash Reference summaryPivot Values - Pasted for summing totals

Row Labels Sum of Amount in local

currency Page

Reference Row Labels Sum of Amount in local

currency 1 3,183,327.05 C1 1 3,183,327.05

1092910 2,914,559.09 1092910 2,914,559.09 n 2,914,559.09 n 2,914,559.09 a

1093100 165,192.42 1093100 165,192.42 (blank) 165,192.42 (blank) 165,192.42

1093110 103,575.54 1093110 103,575.54 (blank) 103,575.54 (blank) 103,575.54

2 72,709,833.16 C1 2 72,709,833.16 1092910 64,563,423.60 1092910 64,563,423.60

l 64,563,423.60 l 64,563,423.60 a1093100 7,305,583.89 1093100 7,305,583.89

(blank) 7,305,583.89 Net of all differences below between cash and GL/Rollforward: (blank) 7,305,583.89 1093110 840,825.67 12,954.48 imm 1093110 840,825.67

(blank) 840,825.67 (blank) 840,825.67 3 128,916,979.30 C1 Reconciliation to GL Detail Pivot: 3 128,916,979.30

1092910 115,427,771.07 a-o are pre 1/9/14 1092910 115,427,771.07 e 115,427,771.07 sum a's 1,350,722,328.75 1092290, pre 1/9/14 pmts e 115,427,771.07 a

1093100 11,200,097.45 1093100 11,200,097.45 (blank) 11,200,097.45 GL Detail 1,350,722,328.75 sum of 1's on GL 1.1 (blank) 11,200,097.45

1093110 2,289,110.78 1093110 2,289,110.78 (blank) 2,289,110.78 Difference - (blank) 2,289,110.78

4 90,998,415.21 C1 4 90,998,415.21 1092910 90,998,415.21 1092910 90,998,415.21

a 90,998,415.21 a 90,998,415.21 a5 188,628,396.02 C1 5 188,628,396.02

1092910 165,829,253.91 1092910 165,829,253.91 b - b - d 111,420,040.19 d 111,420,040.19 a(blank) 54,409,213.72 (blank) 54,409,213.72

1093100 17,152,548.95 1093100 17,152,548.95 (blank) 17,152,548.95 (blank) 17,152,548.95

1093110 5,646,593.16 1093110 5,646,593.16 (blank) 5,646,593.16 (blank) 5,646,593.16

6 53,881,578.46 C1 6 53,881,578.46 1092910 49,623,210.92 1092910 49,623,210.92

s 14,237,341.48 s 14,237,341.48 u 7,313,463.45 u 7,313,463.45 v 11,029,191.60 v 11,029,191.60 w 10,816,649.48 w 10,816,649.48 bb 3,433,480.33 bb 3,433,480.33 dd 1,884,691.47 dd 1,884,691.47 ff 908,393.11 ff 908,393.11

1093100 4,302,105.13 1093100 4,302,105.13 (blank) 4,302,105.13 (blank) 4,302,105.13

1093110 (43,737.59) 1093110 (43,737.59) (blank) (43,737.59) (blank) (43,737.59)

7 201,966,973.75 C1 7 201,966,973.75 1092910 201,966,973.75 1092910 201,966,973.75

b 171,966,973.75 b 171,966,973.75 ac 30,000,000.00 c 30,000,000.00 a

8 341,685,629.36 C1 8 341,685,629.36 1092910 341,685,629.36 1092910 341,685,629.36

a 270,739,829.38 a 270,739,829.38 ab 70,945,799.98 b 70,945,799.98 a

9 47,903,974.42 C2 9 47,903,974.42 1092910 45,040,339.46 1092910 45,040,339.46

f 45,040,339.46 f 45,040,339.46 a1093100 4,386,629.22 1093100 4,386,629.22

(blank) 4,386,629.22 (blank) 4,386,629.22 1093110 1,048,165.92 1093110 1,048,165.92

(blank) 1,048,165.92 (blank) 1,048,165.92 2032200 (2,571,160.18) 2032200 (2,571,160.18)

(blank) (2,571,160.18) (blank) (2,571,160.18) 10 85,341,653.47 C2 10 85,341,653.47

1092910 119,673,584.56 1092910 119,673,584.56 g 82,863,034.80 g 82,863,034.80 a(blank) 36,810,549.76 (blank) 36,810,549.76

1093100 6,000,679.19 1093100 6,000,679.19 (blank) 6,000,679.19 (blank) 6,000,679.19

1093110 2,499,895.69 1093110 2,499,895.69 (blank) 2,499,895.69 (blank) 2,499,895.69

2032200 (42,832,505.97) 2032200 (42,832,505.97) (blank) (42,832,505.97) (blank) (42,832,505.97)

11 73,440,695.87 C3 11 73,440,695.87 1092910 61,303,619.15 1092910 61,303,619.15

i 65,826,204.71 i 65,826,204.71 a(blank) (4,522,585.56) (blank) (4,522,585.56)

1093100 5,982,741.69 1093100 5,982,741.69 (blank) 5,982,741.69 (blank) 5,982,741.69

1093110 2,591,073.33 1093110 2,591,073.33 (blank) 2,591,073.33 (blank) 2,591,073.33

2032200 3,563,261.70 2032200 3,563,261.70 (blank) 3,563,261.70 (blank) 3,563,261.70

Purpose: This schedule is a pivot table on the GL data, arranged to show the amount by cash pivot table reference. This shows that the GL detail ties to the rollforward. As we need GL detail including the non-fixed asset accounts tie to the cash, this proves that we are using the same data. GL = Cash = RF

Row Lable Key1-35 - tickmark on page denoted in reference column7 digit # (e.g. 1092910) = GL account number

GL 2.2

Row Labels Sum of Amount in local

currency Page

Reference Row Labels Sum of Amount in local

currency 12 22,145,098.06 22,145,098.06 12 22,145,098.06

1092910 13,688,586.86 22,145,096.79 C5 1092910 13,688,586.86 p 13,688,586.86 1.27 imm p 13,688,586.86

1093100 940,332.97 1093100 940,332.97 (blank) 940,332.97 (blank) 940,332.97

1093110 344,898.03 1093110 344,898.03 (blank) 344,898.03 (blank) 344,898.03

2032200 7,171,280.20 2032200 7,171,280.20 (blank) 7,171,280.20 (blank) 7,171,280.20

13 27,318,632.15 C5 13 27,318,632.15 1092910 17,405,661.39 1092910 17,405,661.39

o 16,936,378.15 o 16,936,378.15 a(blank) 469,283.24 (blank) 469,283.24

1093100 2,389,682.76 1093100 2,389,682.76 (blank) 2,389,682.76 (blank) 2,389,682.76

1093110 399,202.34 1093110 399,202.34 (blank) 399,202.34 (blank) 399,202.34

2032200 7,124,085.66 2032200 7,124,085.66 (blank) 7,124,085.66 (blank) 7,124,085.66

14 1,975,253.28 C6 14 1,975,253.28 1092910 1,299,736.47 1092910 1,299,736.47

(blank) (398,119.62) (blank) (398,119.62) hh 1,697,856.09 hh 1,697,856.09

1093100 177,284.00 1093100 177,284.00 (blank) 177,284.00 (blank) 177,284.00

1093110 12,223.80 1093110 12,223.80 (blank) 12,223.80 (blank) 12,223.80

2032200 486,009.01 2032200 486,009.01 (blank) 486,009.01 (blank) 486,009.01

15 2,973,034.11 C6 15 2,973,034.11 1092910 1,699,458.02 1092910 1,699,458.02

gg 1,699,458.02 gg 1,699,458.02 1093100 226,489.55 1093100 226,489.55

(blank) 226,489.55 (blank) 226,489.55 2032200 1,047,086.54 2032200 1,047,086.54

(blank) 1,047,086.54 (blank) 1,047,086.54 16 5,476,650.88 C6 16 5,476,650.88

1092910 3,211,611.81 1092910 3,211,611.81 (blank) 101,031.83 (blank) 101,031.83 ee 3,110,579.98 ee 3,110,579.98

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z