Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 501

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 501
---
 |   |     | As of    
 June 30, 
 2024     |
|:----------------------------|:----|-------------:|:-----|:----|---------:|:--|:----|:---------|
|                             |     |      US$’000 |      |     |  US$’000 |   |     | US$’000  |
| As of January 1,            |     |      124,404 |      |     |  167,388 |   |     | —        |
| Change in fair value        |     |       44,461 |      |     |        — |   |     | —        |
| Realized gain upon disposal |     |          486 |      |     |   34,234 |   |     | —        |
| Settlement                  |     |       (1,963 | )    |     | (201,411 | ) |     | —        |
| Exchange realignment        |     |            — |      |     |     (211 | ) |     | —        |
| As of December 31,          |     |      167,388 |      |     |        — |   |     | —        |

F-59

WORLD MEDIA AND ENTERTAINMENT UNIVERSAL INC.
NOTES TO THE COMBINED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2022 and 2023 and
six months ended June 30, 2023 AND 2024 17.DERIVATIVE FINANCIAL INSTRUMENTS (cont.) Future Settlement Contract In June 2022, the Group entered into a future settlement contract with the counterparty, pursuant to which the Group is entitled to receive certain listed equity shares at a mutually agreed price at approximately US$53,272,000 in aggregate (the “Future Settlement Contract”) within one year. The fair value of the underlying shares as of December 31, 2022 was approximately US$70,953,000. The Future Settlement Contract was accounted for as a derivative financial asset and the net fair value gain recognized in profit or loss was approximately US$17,681,000 for the year ended December 31, 2022. During the year ended December 31, 2023, the Agreement was terminated and fully settled with the counterparty with the consideration of approximately US$17,681,000. 18.CASH AND BANK BALANCES AND REST