Company: SGBAF
Filing Date: 2025-05-08
Form Type: F-4/A
Source: 0001193125-25-115825
Chunk: 394

Company: SES S.A.
Filing Date: 2025-05-08
Form: F-4/A
Chunk 394
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              4,665 |     |   |             11,223 |
| Restricted cash included in other assets   |     |   |             15,975 |     |   |              7,903 |
| Cash, cash equivalents and restricted cash |     | $ |          1,279,931 |     | $ |          1,016,561 |

(f) Receivables and Allowance for Credit Losses We provide satellite services and extend credit to numerous customers in the satellite communication, telecommunications and video markets, as well as the airline industry. We monitor our exposure to credit losses and maintain allowances for credit losses and anticipated losses. The Company’s methodology to measure the provision for credit losses considers all relevant information, including, but not limited to, information about historical collectability, current economic and market conditions, and reasonable and supportable forecasts of future economic conditions. We believe we have adequate customer collateral and reserves to cover our exposure. F-112

The following table presents a roll-forward of the allowance for credit losses related to accounts receivable and contract assets reported within our consolidated balance sheets (in thousands):

|                                                     |     | Accounts Receivable 
 Balance at          
 Beginning           
 of Period           |        |     | Charged to 
 Costs and  
 Expenses   |        |     | Deductions(1) |         |   |     | Balance   
 at End of 
 Period    |        |     | Contract Assets 
 Balance at      
 Beginning of    
 Period          |       |     | Charged to 
 Costs and  
 Expenses   |        |   |     | Recoveries      
 (Deductions)(1) |        |   |     | Balance   
 at End of 
 Period    |       |
|:----------------------------------------------------|:----|:--------------------|-------:|:----|:-----------|-------:|:----|:--------------|:--------|:--|:----|:----------|-------:|:----|:----------------|------:|:----|:-----------|:-------|:--|:----|:----------------|-------:|:--|:----|:----------|------:|
| Two Months Ended February 28, 2022 (Predecessor)(2) |     | $                   | 33,881 |     |            |  2,213 |     |               | (33,836 | ) |     | $         |  2,258 |     | $               | 8,764 |     |            | (