Page 32 - Financial Statements 2014, 2015 & 2016
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AVSERMA Aviation Services &


                                                           Management Co. N.V.


                                                        Financial Statements 2014
                                                                                September 7, 2015




























                                                                                                 DRAFT




































   These financial statements were prepared with assistance of
   ATLAS Accountancy Tax Legal & Advisory Services
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