Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 690

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 690
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 | 5 years                |
| Furniture and equipment |     | 5 years                |

The assets’ depreciation method, residual values and useful lives are reviewed, and adjusted if appropriate, at the end of each reporting period. 2.7 Intangible assets Intangible assets are initially recognized at historical cost and subsequently carried at its cost less any accumulated amortization and accumulated impairment losses.

F-148

2. Significant accounting policies (cont.) All intangible assets other than goodwill are amortized using the straight -linemethod with no residual value over their estimated useful economic life since the asset is available for use.

|                      |     | Estimated useful lives |
| Patents and licences |     | 10 years               |

The amortization period and the amortization method for intangible assets with a definite useful life are reviewed at least at each financial year end. The useful life of an intangible asset that is not being amortized is reviewed at each period to determine whether events and circumstances continue to support an indefinite useful life assessment for that asset. If there is any change, it is accounted for as a change in an accounting estimate. 2.8 Impairment of non-financial assets Goodwill and intangible assets that have an indefinite useful life are not subject to amortization and are tested annually for impairment, or more frequently if events or changes in circumstances indicate that they might be impaired. Other assets are tested for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognized for the amount by which the asset’s carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset’s fair value less costs of disposal and value in use. Non -financialassets other than goodwill that suffered an impairment are reviewed for possible reversal of the impairment at the end of each reporting period. 2.9 Trade and other payables Trade and other payables are liabilities for which the company has received goods or services before the end of the reporting period but has not paid them. The debt is unsecured and is usually paid within 30 days of recognition. Trade and other payables are presented as current liabilities unless payment is due more than 12 months after the reporting period. The liability is initially recognized at fair value and subsequently measured at amortized cost using the effective interest method. 2.10 Financial liabilities 1) Classification and measurement The Company’s financial liabilities at fair value through profit or loss include derivatives that are not a designated as measures of hedging accounting or