Company: GGR
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001886190-25-000017
Chunk: 191

Company: Gogoro Inc.
Filing Date: 2025-03-31
Form: 20-F
Item: Item 18
Chunk 191
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 from their uses or disposal, were derecognized. The losses on derecognition of removed components amounting to $ 11.5 2.6 2.6 1.6

c. As of December 31, 2024 and 2023, the Company reduced the carrying amounts of certain property, plant and equipment which were under-utilized to their estimated recoverable amounts determined on the basis of their fair value less costs to sell using the cost approach, of which the fair value was based on the replacement costs in the market, taking into account of obsolescence. The fair value measurements were categorized within Level 3 of the fair value hierarchy. Impairment losses amounting to $ 31.9 1.4

d. Property, plant and equipment were depreciated on a straight-line basis over the estimated useful lives of the assets:

  Batteries                     6 - 12 years  
  Machinery equipment           2 - 10 years  
  Transportation equipment      2 - 5 years   
  Tooling equipment             2 - 4 years   
  Office equipment              2 - 5 years   
  Leasehold improvements        2 - 10 years  

e. Supplementary cash flow information

                                                                  For the Year Ended December 31                                                               
                                                                  2024                                             2023                     2022               
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Additions to property, plant and equipment                      $                                   134,110      $           149,293      $         117,896  
  Changes in prepayments for property, plant and equipment        ( 9,587)                                                       5,671                  4,772  
  Changes in payables for property, plant and equipment           ( 103)                                           275                      434                
  Transfer from inventories                                       —                                                          ( 37,423)      —                  
  Payments for acquisitions of property, plant and equipment      $                                   124,420      $           117,816      $         123,102  

F-29

Table of Contents

10. LEASE ARRANGEMENTS

a. Right-of-use assets

                          As of December 31,                                    
                          2024                                2023              
 ────────────────────────────────────────────────────────────────────────────────
  Carrying amounts                                                              
  Land and buildings      $                       35,171      $         29,