Caterpillar Investment Limited

Caterpillar Investment Limited

Kiel

Caterpillar Investment Limited

Abridged Financial Statements

Year Ended 31 December 2013

Registered Number: 604923

Caterpillar Investment Limited

Abridged Financial Statements 2013

'Statement of directors responsibilities

The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable Irish law and generally accepted accounting practice in Ireland including the accounting standards issued by the Accounting Standards-Board and published by the Institute of Charted Accounts in Ireland.

Irish company law requires the directors to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing the financial statements, the directors are required to:

The directors confirm that they have complied with the above requirements in preparing the financial statements.

The directors are responsible for keeping proper books of account, which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements are prepared in accordance with accounting standards generally accepted in Ireland and Irish Statute comprising the Companies Acts 1963 to 2013. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the presentation and detection of fraud and other irregularities."

INDEPENDENT AUDITORS' SPECIAL REPORT TO THE DIRECTORS OF CATERPILLAR INVESTMENT LIMITED PURSUANT TO SECTION 18(3) OF THE COMPANIES (AMENDMENT) ACT, 1986

On 23 July 2014. we reported, as auditors of Caterpillar Investment Limited, to the directors of the company on the copy of the abridged financial statements for the year ended 31 December 2013 on pages 6 toy and our report was as follows:

"We have examined:

Respective responsibilities of directors and auditors

The directors are responsible for preparing the abridged financial statements in accordance with section 10 to 12 of the Companies (Amendment) Act, 1986. It is our responsibility to form an independent opinion as to the directors' entitlement to annex abridged financial statements to the annual return of the company and whether those abridged financial statements have been properly. prepared pursuant to the provisions of Sections 10 to 12 of that Act (exemptions available to small and medium-sized companies) and to report our opinion to you. This report, including the opinion, has been prepared for and only for the company's directors for the purpose of section 18(4) of the Companies (Amendment) Act, 1986 and for no other purpose. We do not, in giving this opinion, accept or assume responsibility for any other purpose or to any other person to whom this report is shown or into whose hands it may come save where expressly agreed by our prior consent in writing.

Basis of opinion

The scope of our work for the purpose of this report was limited to confirming that the directors are entitled to annex abridged financial statements to the annual return and that those abridged financial statements have been properly prepared, pursuant to Sections 10 to 12 of the Companies (Amendment) Act, 1986, from the financial statements to be laid before the Annual General Meeting. The scope of our work for the purpose of this report does not include examining or dealing with events after the date of our report on the full financial statements.

Opinion

In our opinion the directors are entitled under Section 18 of the Companies (Amendment) Act, 1986 to annex to the annual return of the company abridged financial statements and, those abridged financial statements have been properly prepared pursuant to the provisions of Sections 10 to 12 of that: Act (exemptions available to small and medium-sized companies)."

On 23 July 2014 we reported, as auditors of Caterpillar Investment Limited, to the members on the company's financial statements for the year ended 31 December 2013, to be laid before its Annual General Meeting, and our report was as follows:

"INDEPENDENT AUDITORS' REPORT TO THE SHAREHOLDERS OF CATERPILLAR INVESTMENT LIMITED

We have audited the financial statements of Caterpillar Investment. Limited. for the year ended 31 December 2013 which comprise the Profit and Loss Account, the Balance Sheet, the Accounting Policies on page g and the related notes. The financial reporting framework that has been applied in their preparation is Irish law and accounting standards issued by the Financial Reporting Council and promulgated by the institute of Chartered Accountants in Ireland (Generally Accepted Accounting Practice in Ireland).

Respective responsibilities of directors and auditors

As explained more fully in the Directors' Responsibilities Statement set out on page 3, the directors are responsible for the preparation of the financial statements giving a true and fair view. Our responsibility is to audit and express an opinion on the financial statements in accordance with Irish law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board's Ethical Standards for Auditors.

This report, including the opinions, has been prepared for and only for the company's members as a body in accordance with Section 193 of the Companies Act, 1990 and for no other purpose. We do not, in giving these opinions, accept or assume responsibility for any other purpose or to any other person to whom this report is shown or into whose hands it may come save where expressly agreed by our prior consent in writing.

Scope of the audit of the financial statements

An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error. This includes an assessment of: whether the accounting policies are appropriate to the company's circumstances and have been consistently applied and adequately disclosed; the reasonableness of significant accounting estimates made by the directors; and the overall presentation of the financial statements. In addition, we read all the financial and non-financial information in the Directors' Report to identify material inconsistencies with the audited financial statements. If we become aware of any apparent material misstatements or inconsistencies we consider the implications for our report:

Opinion on financial statements

In our opinion the financial statements:

Matters on which we are required to report by the Companies Acts 1963 to 2013

Matters on which we are required to report by exception

We have nothing to report in respect of the provisions in the Companies Acts 1963 to 2013 which require us to report to you if, in our opinion, the disclosures of directors' remuneration and transactions specified by law are not made."

We hereby certify that this is a true copy of the Report of the Auditors issued by them in accordance with Section 18(3) of the Companies (Amendment) Act, 1986.

BALANCE SHEET As at 31 December 2013

In preparing these abridged financial statements the directors have relied on the exemptions contained in Section 10 and 12 of the Companies (Amendment) Act 1986 on the grounds that the company is entitled to the benefit of those exemptions as a small company.

NOTES TO THE FINANCIAL STATEMENTS

1 Accounting policies

The significant accounting policies adopted by the company are as follows:

Basis of preparation

The financial statements have been prepared in accordance with accounting standards generally accepted in Ireland and Irish statute comprising the Companies Acts 1963 to 2013. Accounting standards generally accepted in Ireland in preparing financial statements giving a true and fair view are those promulgated by the Institute of Chartered Accountants in Ireland and issued by the Financial Reporting Council.

Accounting convention

The financial statements have been prepared under the historical cost convention.

Group financial statements

The financial statements present information about the company as an individual undertaking and not about its group. The company has not prepared group financial statements., The directors consider Caterpillar Inc. Peoria/USA to be the ultimate parent company and the parent undertaking of the smallest and also the largest group to consolidate the same accounts. The consolidated financial statements of Caterpillar Inc. Peoria/USA are publicly available.

Financial Assets

Investment in subsidiaries are stated at cost (including directly attributable acquisition costs) less provision for impairment.

Exemption from preparing a cash flow statement

The company has taken advantage of the exemption under FRS1 (revised) and has not produced a cash flow statement, on the grounds that the company is small.

Taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or the right to pay less tax in the future have occurred at the balance sheet date.

A net deferred tax asset is regarded as recoverable and therefore recognised only when, on the basis of all available evidence, it can be regarded as more likely than not that there will be suitable taxable profits against which to recover carried forward losses and from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured at the average tax rates that are expected to apply in the periods in which the timing differences are expected to reverse based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax is measured on an undiscounted basis.

Reporting currency

The directors consider that the currency of the primary economic environment in which the company operates arid generates net cash flows is the Euro. The financial statements are therefore presented in Euro.

2 Going concern

The company had losses of €4.8m in the year to 31 December 2013 and net assets of €1.8m at that date. The directors consider it appropriate to prepare the financial statements on a going concern basis as the parent company, Caterpillar Luxembourg Group S.a.r.l. has indicated that it will continue to provide financial support to Caterpillar Investment Limited for the foreseeable future which will enable the company to meet its obligations as and when they fall due for a period of not less than 12 months from the date of approval of these financial statements. The directors are satisfied that Caterpillar Luxembourg Group S.a.r.l. has sufficient resources to enable it to provide such financial support.

During the year, 1 further €1 share was issued to the sole shareholder Caterpillar Luxembourg Group S.a.r.l. at a premium of €3,999,999. The allotment was registered on 15 July 2013.

3 Financial assets

Effective as of 31 October 2011 the company purchased 94.64% of the ordinary shares in MWM Holding Gmbh, Mannheim. The purchase was funded via loan from Caterpillar Luxembourg Luxembourg.

4 Called up share capital

The company's share capital on incorporation was €100,000 divided into 100,000 ordinary shares of €1 each. On 14 October 2011 100 shares were allotted and issued to the sole shareholder Caterpillar Luxembourg Group S.a.r.l. Unissued shares shall be at the disposal of the directors according to the articles of association.

On 16 December 2011 the board of directors resolved the allotment of 3 ordinary share of €1 each at a premium of €2,999,999 per share to the shareholder Caterpillar Luxembourg Group S.a.r.l. The allotment was registered on 20 December 2011.

A further capital increase was resolved by the board of directors on 9 November 2012. 1 additional ordinary share of €1 at a premium of €2,999,999 per share was allotted to the shareholder Caterpillar Luxembourg Group S.a.r.l. The allotment was registered on 13 November 2012.

On 12 June 2013 the board of directors resolved to issue 1 further €1 to the sale shareholder Caterpillar Luxembourg Group S.a.r.l. at a premium of €3,999,999. The allotment was registered on 15 July 2013.

5 Directors' and secretary's interests

The directors and secretary interests in the shares of the parent company

The directors' and secretary's beneficial interests including the interests of spouses and minor children in the share capital of group companies at 31 December 2012 are set out hereunder:

The directors and company secretary and their families who held office at 31 December 2013 did not have any beneficial interest in the share capital of the company other than through their interests in the ultimate parent company Caterpillar Inc. as disclosed above.

6 Approval of abridged financial statements

The directors approved the abridged financial statements on 23 July 2014