Company: OWLS
Filing Date: 2025-08-01
Form Type: DRS/A
Source: 0000950123-25-006894
Chunk: 260

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-08-01
Form: DRS/A
Chunk 260
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 when, the Company currently has a legally enforceable right to offset the amounts and intends either to settle them on a net basis or to realize the asset and settle the liability simultaneously.

| (g) | Inventories |

Inventories are measured at the lower of cost and net realizable value. The cost of inventories is calculated using the weighted average method, and includes expenditure incurred in acquiring the inventories and other costs incurred in bringing them to their existing location and condition. F-14

OBOOK HOLDINGS INC. AND SUBSIDIARIES Notes to the Consolidated Financial Statements (Continued) Net realizable value is the estimated selling price in the ordinary course of business, less selling expenses.

| (h) | Property, Plant and Equipment |

| 1. | Recognition and measurement |

Items of property, plant and equipment are measured at cost, less accumulated depreciation and any accumulated impairment losses. Any gain or loss on disposal of an item of property, plant and equipment is recognized in profit or loss.

| 2. | Subsequent expenditure |

Subsequent expenditure is capitalized only if it is probable that the future economic benefits arising from the expenditure will flow to the Company.

| 3. | Depreciation |

Depreciation is calculated based on the cost of an asset, less its residual value, and is recognized in profit or loss on a straight-line basis over the estimated useful lives of property, plant and equipment. The estimated useful lives of property, plant and equipment for current and comparative periods are as follows:

| (1) | Office equipment 2~5 years |

| (2) | Leasehold improvements 2~5 years |

| (3) | Transportation 7 years |

| (4) | Others 3~5 years |

The depreciation methods, useful lives, and residual values are reviewed at each reporting date and adjusted if appropriate.

| (i) | Leases |

| 1. | Identifying a lease |

A contract is, or contains, a lease when all the following conditions are satisfied:

| (1) | the contract involves the use of an identified asset, and the supplier does not have a substantive right to 
 substitute the asset;                                                                                       |

| (2) | the Company has the right to obtain substantially all of the economic benefits from the use of the identified 
 asset throughout the period of use; and                                                                       |

| (3) | the Company has the right to direct the use of the identified asset throughout the period of use. |

| 2.