Company: GGR
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001886190-25-000017
Chunk: 166

Company: Gogoro Inc.
Filing Date: 2025-03-31
Form: 20-F
Item: Item 18
Chunk 166
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 bid price of the Company’s ordinary shares was below the minimum bid price of US$ 1.00

The consolidated financial statements were approved by the board of directors and authorized for issue on March 31, 2025.

2. MATERIAL ACCOUNTING POLICY INFORMATION

a. Basis of preparation

The consolidated financial statements are presented in thousands of U. S. dollars and all values are rounded to the nearest thousand dollars, except where otherwise indicated.

Compliance with IFRSs

The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (“ IFRS”), International Accounting Standards (“ IAS”), IFRIC Interpretations (“ IFRIC”), and SIC Interpretations (“ SIC”) issued by the International Accounting Standards Board (“ IASB”) (collectively, “ IFRSs”).

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Table of Contents

Basis of accounting

The consolidated financial statements, except for cash flow information, have been prepared using the accrual basis of accounting.

The consolidated financial statements have been prepared on the historical cost basis, except for the revaluation of certain financial instruments that are measured at fair values at the end of each reporting period.

All assets and liabilities for which fair value is measured or disclosed in the consolidated financial statements are categorized within the fair value hierarchy, described as follows, based on the lowest level input that is significant to the fair value measurement as a whole:

i. Level 1 fair value measurements are those derived from quoted prices (unadjusted) in active markets for identical assets or liabilities

ii. Level 2 fair value measurements are those derived from inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly

iii. Level 3 fair value measurements are those derived from valuation techniques that include inputs for the asset or liability that are not based on observable market data

For assets and liabilities that are recognized in the consolidated financial statements at fair value on a recurring basis, the Company determines whether transfers have occurred between levels in the hierarchy by re-assessing categorization (based on the lowest level input that is significant to the fair value measurement as a whole) at the end of each reporting period.

Current/non-current distinction

Current and non-current assets, and current and non-current liabilities, are presented as separate classifications in the consolidated balance sheets.

An asset is classified as current when:

• it expects to realize the asset, or intends to sell or consume it, in its normal operating cycle

• it holds the asset primarily for the