Company: TGE
Filing Date: 2025-07-03
Form Type: F-1/A
Source: 0001213900-25-061211
Chunk: 309

Company: Generation Essentials Group
Filing Date: 2025-07-03
Form: F-1/A
Chunk 309
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 impairment losses.

At the end of the reporting period, the Group reviews the
carrying amounts of its property, plant and equipment and intangible assets with finite useful lives to determine whether there is any
indication that these assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated
in order to determine the extent of the impairment loss, if any. Intangible assets with indefinite useful lives and intangible assets
not yet available for use are tested for impairment at least annually, and whenever there is an indication that they may be impaired.

The recoverable amount of property, plant and equipment and
intangible assets are estimated individually. When it is not possible to estimate the recoverable amount individually, the Group estimates
the recoverable amount of the cash-generating unit to which the asset belongs.

In testing a cash-generating unit for impairment, corporate
assets are allocated to the relevant cash-generating unit when a reasonable and consistent basis of allocation can be established, or
otherwise they are allocated to the smallest group of cash generating units for which a reasonable and consistent allocation basis can
be established. The recoverable amount is determined for the cash-generating unit or group of cash-generating units to which the corporate
asset belongs, and is compared with the carrying amount of the relevant cash-generating unit or group of cash-generating units.

Recoverable amount is the higher of fair value less costs
of disposal and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a
pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset (or a cash-generating
unit) for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or a cash-generating
unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or a cash-generating unit) is reduced to its
recoverable amount. For corporate assets or portion of corporate assets which cannot be allocated on a reasonable and consistent basis
to a cash-generating unit, the Group compares the carrying amount of a group of cash-generating units, including the carrying amounts
of the corporate assets or portion of corporate assets allocated to that group of cash-generating units, with the recoverable amount of
the group of cash-generating units. In allocating the impairment loss, the impairment loss is allocated first to reduce the carrying amount