Pernix Group, Inc.

Climate Impact & Sustainability Data (2013)

The Company has reached an inflection point from which growth should be increasingly profitable
Attracted two new board members that together have many years of construction/ power industry experience, Fortune 500 financial reporting and management experience and completed over 100 acquisitions
In all cases, Pernix makes every effort to hire and train local staff. This is part of our commitment to bring jobs and add value to the communities where we work and serve.

Attracted two new board members that together have many years of construction/ power industry experience, Fortune 500 financial reporting and management experience and completed over 100 acquisitions

Significant reduction in leverage, being debt free at December 31, 2013
The 2012 disposition of unprofitable business entities
The loss or reduction of business from this customer could materially and negatively impact the Company’s net income, cash flows and financial condition.
If a retender is completed and VUI is not awarded the concession deed or if the VUI is unable to sufficiently reduce operating costs under the new tariff ruling, it could have a material and negative impact on the Company’s income, cash flows and financial condition.

Significant reduction in leverage, being debt free at December 31, 2013
The 2012 disposition of unprofitable business entities
Expansion of its customer base including our first domestic project awarded in early 2014
Growth in backlog since 2010
Enhanced ability to form strategic relationships with vendors, subcontractors and project partners
Attracted two new board members that together have many years of construction/ power industry experience, Fortune 500 financial reporting and management experience and completed over 100 acquisitions
The Company has $71.9 million of net operating and capital loss carryforwards that we anticipate will substantially shield future earnings from U.S. federal and state tax payments.

Climate Change Data