Company: GGR
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001886190-25-000017
Chunk: 189

Company: Gogoro Inc.
Filing Date: 2025-03-31
Form: 20-F
Item: Item 18
Chunk 189
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 default experience of the debtor and an analysis of the debtor’s current financial position, adjusted for general economic conditions of the industry in which the debtors operated and an assessment of both the current as well as the forecasted direction of economic conditions at the reporting date.

The Company wrote off a trade receivable when there was information indicating that the debtor was in severe financial difficulty and there was no realistic prospect of recovery. For trade receivables that had been written off, the Company continued to engage in enforcement activity to attempt to recover the receivables overdue. Where recoveries were made, these were recognized in profit or loss.

The following tables detailed the risk profile of trade receivables based on the Company’s provision matrix.

The Company estimated the ECL for the trade receivables generated by battery swapping service based on past due status. The ECL for trade receivables of sales of hardware were assessed based on the invoice dates.

F-23

Table of Contents

Trade receivables of battery swapping service

                                        As of December 31, 2024                                                                                                               
                                        Not Overdue                              Overdue under 30 Days      Overdue 31-120 Days      Over 121 Days      Total                 
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Expected credit loss rate             0%                                       0%                         50%                      100%                                     
  Gross carrying amount                 $                            13,135      $                          $                        $                  $             14,748  
  Impairment losses (Lifetime ECL)      —                                        —                          ( 55)                    ( 1,413)           ( 1,468)              
  Amortized cost                        $                            13,135      $                          $                        $                  $             13,280  

                                        As of December 31, 2023                                                                                                               
                                        Not Overdue                              Overdue under 30 Days      Overdue 31-120 Days      Over 121 Days      Total                 
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Expected credit loss rate             0%                                       0%                         50%                      100%                                     
  Gross carrying amount                 $                            11,705      $                          $                        $                  $             13,237  
  Impairment losses (Lifetime ECL)      —                                        —                          ( 49)