Company: PLSAY
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001884082-25-000012
Chunk: 390

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-05-09
Form: 20-F
Item: Item 19
Chunk 390
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31, 2024                      $                                             $        333,279      $                                 93,496               $         433,487  

1 - Of $ 243,446 128,960 128,960 147,894 18,934 208,821 109,141 109,141 137,400 28,259

2 - For the years ended December 31, 2023, $ 47,026

3 - For the year ended December 31, 2023 the Polestar 2 CGU was assessed for impairment, and impairment losses amounting to $ 22,090

4 - For the year ended December 31, 2024, the Polestar 3 CGU, Polestar 5 CGU, and Polestar 6 CGU were assessed for impairment, and impairment losses amounting to $ 137,343

Note 17 - Financial instruments

The following table shows the carrying amounts of financial assets and liabilities measured at fair value through profit and loss on a recurring basis:

                                As of December 31, 2024                                           As of December 31, 2023                            
  Assets measured at FVTPL      Level 1                      Level 2      Level 3      Total      Level 1                      Level 2      Level 3  
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

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  Other investments                                  —          —        —           2,414                     2,414                 
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Total financial assets measured at FVTPL           $          $        $           $              2,414      $              2,414  
  Liabilities measured at FVTPL                                                                                                      
  Earn-out rights                                    —          —        28,778      155,402                   155,402               
  Class C-1 Shares                                   2,870      —        2,870       —                         4,920                 
  Class C-2 Shares                                   —          630      630         —                         1,080                 
  Total financial liabilities measured at FVTPL      $          $        $           $            155,402      $            161,402  

During the year ended December 31, 2024, Polestar wrote down the value of its 2022 investment in StoreDot