- 12 -

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52

- 43 -

RFM CORPORATION AND SUBSIDIARIES

Aging Analysis of Trade Receivables

As of March 31, 2016

(Amounts in Millions)

Amount %

Under Six (6) Months P=1,125 61%

Six (6) Months to One (1) Year 534 29%

Over One (1) Year 184 10%

P=1,843 100%