Company: OWLS
Filing Date: 2025-02-07
Form Type: DRS/A
Source: 0000950123-25-001222
Chunk: 293

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-02-07
Form: DRS/A
Chunk 293
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) if there is a change in the amounts expected to be payable under a residual value guarantee; or (iv) if the Company changes its assessment of whether it will exercise a purchase, extension or termination option. When the F-15

OBOOK HOLDINGS INC. AND SUBSIDIARIES Notes to the Consolidated Financial Statements (Continued) lease liability is re-measuredin the circumstances aforementioned, a corresponding adjustment is made to the carrying amount of the right-of-useasset. However, if the carrying amount of the right-of-useasset is reduced to zero, any remaining amount of the re-measurementis recognized in profit or loss. Lease payments included in the measurement of the lease liability comprise the following:

| (1) | fixed payments, including in-substance fixed payments. |

| (2) | the exercise price under a purchase option that the Company is reasonably certain to exercise and lease      
 payments in an optional renewal period if the Company is reasonably certain to exercise an extension option. |

Moreover, the lease liability is remeasured when lease modifications occur that decrease the scope of the lease. The Company accounts for the remeasurement of the lease liability by decreasing the carrying amount of the right-of-useasset to reflect the partial or full termination of the lease and recognizes in profit or loss any gain or loss relating to the partial or full termination of the lease.

| 3. | As a lessor |

Lease income from an operating lease is recognized in profit or loss on a straight-line basis over the lease term. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the asset leased.

| (j) | Goodwill |

Goodwill is recognized when the purchase price exceeds the fair value of identifiable net assets acquired in a business combination. Goodwill is measured at cost less accumulated impairment losses, if any. Goodwill is not amortized and instead is reviewed for impairment at least annually, or more frequently when there is an indication that the cash generating unit (“CGU”) may be impaired. For the purpose of impairment testing, goodwill is allocated to each of the Company’s CGU or groups of CGU that are expected to benefit from the synergies of the combination. If the recoverable amount of a cash-generating unit is less than its carrying amount, the difference is allocated first to reduce the carrying amount of any goodwill allocated to such CGU and then to the other assets of the CGU pro rata based on the carrying amount of each asset in the CGU. Any