Company: TGE
Filing Date: 2025-12-03
Form Type: 424B3
Source: 0001213900-25-117807
Chunk: 264

Company: Generation Essentials Group
Filing Date: 2025-12-03
Form: 424B3
Chunk 264
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ANDARDS (cont.)                                |

Subsequent to initial recognition,
intangible assets acquired in a business combination with finite useful lives are reported at costs less accumulated amortization and
any accumulated impairment losses, on the same basis as intangible assets that are acquired separately. Intangible assets acquired in
a business combination with indefinite useful lives are carried at cost less any subsequent accumulated impairment losses.

At the end of the reporting period,
the Group reviews the carrying amounts of its property, plant and equipment and intangible assets with finite useful lives to determine
whether there is any indication that these assets have suffered an impairment loss. If any such indication exists, the recoverable amount
of the asset is estimated in order to determine the extent of the impairment loss, if any. Intangible assets with indefinite useful lives
and intangible assets not yet available for use are tested for impairment at least annually, and whenever there is an indication that
they may be impaired.

The recoverable amount of property,
plant and equipment and intangible assets are estimated individually. When it is not possible to estimate the recoverable amount individually,
the Group estimates the recoverable amount of the cash-generating unit to which the asset belongs.

In testing a cash-generating unit for
impairment, corporate assets are allocated to the relevant cash-generating unit when a reasonable and consistent basis of allocation
can be established, or otherwise they are allocated to the smallest group of cash generating units for which a reasonable and consistent
allocation basis can be established. The recoverable amount is determined for the cash-generating unit or group of cash-generating units
to which the corporate asset belongs, and is compared with the carrying amount of the relevant cash-generating unit or group of cash-generating
units.

Recoverable amount is the higher of
fair value less costs of disposal and value in use. In assessing value in use, the estimated future cash flows are discounted to their
present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific
to the asset (or a cash-generating unit) for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset
(or a cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or a cash-generating
unit) is reduced to its recoverable amount. For corporate assets or portion of corporate assets which cannot be allocated on a reasonable
and consistent basis to a cash-generating unit