MacBook Pro keeps reseting

Hello, my friend recently gave me his old macbook pro that has a problem in which it keeps resetting every so often. I'm fairly new to macs, so I'm not really sure what the problem could be and was hoping someone here can help me. This is the report I get every time after it restarts:

Anonymous UUID: E96B7D4E-EEBF-A0AD-8C7A-49BD1DACF7D6

Sat Mar 22 13:10:18 2014
panic(cpu 1 caller 0xffffff80062dbe2e): Kernel trap at 0xffffff80062a59ca, type 14=page fault, registers:
CR0: 0x000000008001003b, CR2: 0x0000000000000008, CR3: 0x00000000091d7000, CR4: 0x0000000000000660
RAX: 0x0000000000000000, RBX: 0x0000000000000000, RCX: 0x0000000000000000, RDX: 0xffffff800e2a9810
RSP: 0xffffff8047003ac0, RBP: 0xffffff8047003af0, RSI: 0x00000000219b6bd2, RDI: 0xffffff800e2a9820
R8: 0x0000000000000012, R9: 0x00000000301d8382, R10: 0xffffff8047003bd0, R11: 0x0000000000000000
R12: 0xffffff800a1c6690, R13: 0xffffff800e2a9800, R14: 0xffffff800e2a9820, R15: 0xffffff800a1c6698
RFL: 0x0000000000010282, RIP: 0xffffff80062a59ca, CS: 0x0000000000000008, SS: 0x0000000000000010
Fault CR2: 0x0000000000000008, Error code: 0x0000000000000002, Fault CPU: 0x1

Backtrace (CPU 1), Frame : Return Address
0xffffff8047003750 : 0xffffff8006222fa9
0xffffff80470037d0 : 0xffffff80062dbe2e
0xffffff80470039a0 : 0xffffff80062f3326
0xffffff80470039c0 : 0xffffff80062a59ca
0xffffff8047003af0 : 0xffffff80062a729a
0xffffff8047003b40 : 0xffffff800629d55a
0xffffff8047003e60 : 0xffffff800629e925
0xffffff8047003e80 : 0xffffff800660004a
0xffffff8047003ea0 : 0xffffff7f86e030e4
0xffffff8047003fb0 : 0xffffff80062d6ff7
Kernel Extensions in backtrace:
com.apple.BootCache(35.0)[3D297E74-421F-33EE-918E-071B158F8AFD]@0xffffff7f86dfe000->0xffffff7f86e06fff

BSD process name corresponding to current thread: kernel_task

Mac OS version:
13C64

Kernel version:
Darwin Kernel Version 13.1.0: Thu Jan 16 19:40:37 PST 2014; root:xnu-2422.90.20~2/RELEASE_X86_64
Kernel UUID: 9FEA8EDC-B629-3ED2-A1A3-6521A1885953
Kernel slide: 0x0000000006000000
Kernel text base: 0xffffff8006200000
System model name: MacBookPro5,5 (Mac-F2268AC8)

System uptime in nanoseconds: 19245375056
last loaded kext at 4425675650: com.apple.driver.AppleUSBTCButtons 240.2 (addr 0xffffff7f86a90000, size 16384)
loaded kexts:
com.apple.driver.AppleUSBTCButtons 240.2
com.apple.driver.AppleUSBTCKeyEventDriver 240.2
com.apple.driver.AppleFileSystemDriver 3.0.1
com.apple.BootCache 35
com.apple.driver.AppleUSBTCKeyboard 240.2
com.apple.AppleFSCompression.AppleFSCompressionTypeZlib 1.0.0d1
com.apple.AppleFSCompression.AppleFSCompressionTypeDataless 1.0.0d1
com.apple.driver.AppleIRController 325.7
com.apple.driver.AppleUSBCardReader 3.4.1
com.apple.iokit.SCSITaskUserClient 3.6.6
com.apple.driver.XsanFilter 404
com.apple.driver.AppleFWOHCI 4.9.9
com.apple.driver.AirPort.Brcm4331 700.20.22
com.apple.iokit.IOAHCIBlockStorage 2.5.1
com.apple.driver.AppleUSBHub 666.4.0
com.apple.driver.AppleSmartBatteryManager 161.0.0
com.apple.driver.AppleRTC 2.0
com.apple.nvenet 2.0.21
com.apple.driver.AppleUSBEHCI 660.4.0
com.apple.driver.AppleUSBOHCI 656.4.1
com.apple.driver.AppleAHCIPort 3.0.0
com.apple.driver.AppleHPET 1.8
com.apple.driver.AppleACPIButtons 2.0
com.apple.driver.AppleSMBIOS 2.1
com.apple.driver.AppleACPIEC 2.0
com.apple.driver.AppleAPIC 1.7
com.apple.driver.AppleIntelCPUPowerManagementClient 216.0.0
com.apple.security.quarantine 3
com.apple.nke.applicationfirewall 153
com.apple.driver.AppleIntelCPUPowerManagement 216.0.0
com.apple.driver.AppleUSBMultitouch 240.9
com.apple.iokit.IOUSBHIDDriver 660.4.0
com.apple.iokit.IOUSBMassStorageClass 3.6.0
com.apple.iokit.IOSCSIBlockCommandsDevice 3.6.6
com.apple.iokit.IOSCSIMultimediaCommandsDevice 3.6.6
com.apple.iokit.IOBDStorageFamily 1.7
com.apple.iokit.IODVDStorageFamily 1.7.1
com.apple.iokit.IOCDStorageFamily 1.7.1
com.apple.driver.AppleUSBMergeNub 650.4.0
com.apple.driver.AppleUSBComposite 656.4.1
com.apple.iokit.IOFireWireFamily 4.5.5
com.apple.iokit.IO80211Family 630.35
com.apple.iokit.IOAHCISerialATAPI 2.6.1
com.apple.iokit.IOSCSIArchitectureModelFamily 3.6.6
com.apple.driver.AppleEFINVRAM 2.0
com.apple.iokit.IOUSBUserClient 660.4.2
com.apple.driver.AppleEFIRuntime 2.0
com.apple.iokit.IONetworkingFamily 3.2
com.apple.iokit.IOUSBFamily 675.4.0
com.apple.driver.NVSMU 2.2.9
com.apple.iokit.IOAHCIFamily 2.6.5
com.apple.iokit.IOHIDFamily 2.0.0
com.apple.iokit.IOSMBusFamily 1.1
com.apple.security.TMSafetyNet 7
com.apple.security.sandbox 278.11
com.apple.kext.AppleMatch 1.0.0d1
com.apple.iokit.IOReportFamily 23
com.apple.driver.DiskImages 371.1
com.apple.iokit.IOStorageFamily 1.9
com.apple.driver.AppleKeyStore 2
com.apple.driver.AppleFDEKeyStore 28.30
com.apple.driver.AppleACPIPlatform 2.0
com.apple.iokit.IOPCIFamily 2.9
com.apple.iokit.IOACPIFamily 1.4
com.apple.kec.pthread 1
com.apple.kec.corecrypto 1.0

That is known as a Kernel Panic attack when rebooting is required and the message comes in several languages. usually hardware related which maybe why your friend gave it to you. Nothing jumps out from the logs. Have a read of this:-

http://support.apple.com/kb/ts3742