Company: NUTR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023401
Chunk: 200

Company: NUSATRIP Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 3
Chunk 200
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 impact the current and deferred tax provisions in the period in which such determination is made.

    ●
    Foreign Currencies Translation
    and Transactions

The
reporting currency of the Company is the United States Dollar (“US$”) and the accompanying consolidated unaudited condensed
financial statements have been expressed in US$. The Company’s subsidiaries operating in Singapore maintain its books and record
in US$. In addition, The Company’s subsidiaries are operating in the Republic of Vietnam, Malaysia, Indonesia and China and maintains
its books and record in its local currency, Vietnam Dong (“VND”), Malaysian Ringgit (“MYR), Indonesian Rupiah (“IDR”),
Chinese Yuan (“CNY”) and Hong Kong (“HKD”), respectively, which are the functional currencies in which the subsidiary’s
operations are conducted. In general, for consolidation purposes, assets and liabilities of its subsidiaries whose functional currency
is not US$ are translated into US$, in accordance with ASC Topic 830, “Translation of Financial Statement” (“ASC 830”)
using the applicable exchange rates on the balance sheet date.

Shareholders’
equity is translated using historical rates. Revenues and expenses are translated at average rates prevailing during the period. The
gains and losses resulting from the translation of financial statements of foreign subsidiaries are recorded as a separate component
of accumulated other comprehensive income (loss) within the unaudited condensed statements of changes in shareholder’s equity.

49

Translation
of amounts from VND into US$ has been made at the following exchange rates for nine months  ended September 30, 2025 and 2024:

    September
    30,  2025  
    September
    30,  2024 
  
    Period-end VND$:US$
    exchange rate 
    $0.000038  
    $0.000041 
  
    Period average VND$:US$
    exchange rate 
    $0.000039  
    $0.000040 

Translation
of amounts from MYR into US$ has been made at the following exchange rates for the nine months  ended September 30, 2025 and 2024:

    September
    30,  2025  
    September
    30,  2024 
  
    Period-end MYR:US$
    exchange rate 
    $0.237499  
    $0.24267 
  
    Period average MYR:US$