Company: OWLS
Filing Date: 2025-02-07
Form Type: DRS/A
Source: 0000950123-25-001222
Chunk: 289

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-02-07
Form: DRS/A
Chunk 289
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 purposes and expected to be settled within one year from the end of the reporting period. Assets and liabilities that are not classified as current are referred to as noncurrent assets and liabilities, respectively.

| (e) | Cash and restricted cash |

Cash comprises cash on hand and demand deposits, which the Company can access without any restrictions. Restricted cash is contractually restricted through legal contracts or regulations. The contractual restrictions on the use of the amounts held in the demand deposit do not change the nature of the deposit. The Company can access those amounts on demand and therefore includes the demand deposit as a component of cash.

| (f) | Financial Instruments |

| 1. | Financial Assets |

The Company shall recognize a financial asset or a financial liability in its statement of financial position when, and only when, the Company becomes party to the contractual provisions of the instrument. A regular way purchase or sale of financial assets shall be recognized and derecognized, as applicable, using trade date accounting.

| (1) | Classification of financial assets |

The classification of financial assets depends on the nature and purpose of the financial assets and is determined at the time of initial recognition. The classification of financial assets is generally based on the business model in which a financial asset is managed and its contractual cash flow characteristics. When, and only when, the Company changes its business model for managing financial assets it shall reclassify all affected financial assets. Financial assets at amortized cost Cash and restricted cash, notes and accounts receivable, other receivables (including related parties), and other financial assets are measured at amortized cost. A financial asset is measured at amortized cost if it meets both of the following conditions and is not designated as measured at fair value through profit or loss:

| i. | the asset is held within a business model whose objective is to hold assets in order to collect contractual 
 cash flows; and                                                                                             |

| ii. | the contractual terms give rise on specified dates to cash flows that are solely payments of principal and 
 interest on the principal amount outstanding.                                                              |

F-12

OBOOK HOLDINGS INC. AND SUBSIDIARIES Notes to the Consolidated Financial Statements (Continued) Financial assets measured at amortized cost are subsequently measured using the effective interest method, and the amortized cost is reduced by impairment losses. Interest income, foreign exchange gains and losses and impairment are recognized in profit or loss. Any gains or losses on derecognition of financial assets are also recognized in profit or loss.

| (2) | Impair