Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 504

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 504
---
     |            102,702 |     |  60,243 |     | 395,337 |
|                                |     |            123,921 |     |  77,801 |     | 420,544 |

F-60

THE GENERATION ESSENTIALS GROUP
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2022, 2023 AND 2024 14.FINANCIAL ASSETS AT FVTPL (cont.) During the year ended December 31, 2022, 2023 and 2024, the Group entered into movie income right agreements with certain production houses. The Group is entitled to certain percentage of the variable profit derived from the release of the films upon entering into relevant agreements. The Group may be required to further contribute to the movie production programs due to the budget overruns. Any agreed further contribution to the film programs due to the budget overruns will be added to the carrying amounts of financial assets. During the year ended December 31, 2024, AMTD Digital Inc. injected 34,819,047 Class A ordinary shares into the Group in exchange for the issuance of the shares of the Company to AMTD Digital Inc. with details disclosed in note 28. As of December 31, 2024, the carrying amount of the listed equity shares of AMTD Digital Inc. is US$257,661,000. Certain listed equity shares, unlisted equity shares and movie income right investments are not held for trading. Instead, they are held for medium to long -termstrategic purposes. The directors of the Company do not expect to realize these investments within 12 months and, accordingly, these investments are classified as non -currentassets. 15.ACCOUNTS RECEIVABLE

|                                                                 |     | As of December 31, |     |         |     |         |
|                                                                 |     |               2022 |     |    2023 |     |    2024 |
|                                                                 |     |            US$’000 |     | US$’000 |     | US$’000 |
| Receivables from media and entertainment services               |     |              2,759 |     |   5,228 |     |   4,973 |
| Receivables from hotel operations, hospitality and VIP services |     |                 72 |     |     111 |     |   1,