Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 485

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 485
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 each asset in the unit or the group of cash -generatingunits. The carrying amount of an asset is not reduced below the highest of its fair value less costs of disposal (if measurable), its value in use (if determinable) and zero. The amount of the impairment loss that would otherwise have been allocated to the asset is allocated pro rata to the other assets of the unit or the group of cash -generatingunits. An impairment loss is recognized immediately in profit or loss. Related parties A party is considered to be related to the Group if: (a)the party is a person or a close member of that person’s family and that person (i)has control or joint control over the Group; F-37 THE GENERATION ESSENTIALS GROUP
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
F OR THE YEARS ENDED DECEMBER 31, 2022, 2023 AND 2024 2.APPLICATION OF INTERNATIONAL FINANCIAL REPORTING STANDARDS (cont.) (ii)has significant influence over the Group; or (iii)is a member of the key management personnel of the Group or of a parent of the Group; or (b)the party is an entity where any of the following conditions applies: (i)the entity and the Group are members of the same group; (ii)one entity is an associate or joint venture of the other entity (or of a parent, subsidiary or fellow subsidiary of the other entity); (iii)the entity and the Group are joint ventures of the same third party; (iv)one entity is a joint venture of a third entity and the other entity is an associate of the third entity; (v)the entity is a post -employmentbenefit plan for the benefit of employees of either the Group or an entity related to the Group; and the sponsoring employers of the post -employmentbenefit plan; (vi)the entity is controlled or jointly controlled by a person identified in (a); (vii) a person identified in (a)(i) has significant influence over the entity or is a member of the key management personnel of the entity (or of a parent of the entity); and (viii) the entity, or any member of a group of which it is a part, provides key management personnel services to the Group or to the parent of the Group. Financial instruments — Investments and other financial assets Initial recognition and measurement The classification of financial assets at initial recognition depends on the financial asset’s contractual cash