Company: TGE
Filing Date: 2025-11-21
Form Type: POS AM
Source: 0001213900-25-113604
Chunk: 257

Company: Generation Essentials Group
Filing Date: 2025-11-21
Form: POS AM
Chunk 257
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 method from the date on which the investee becomes a joint venture. On acquisition of the investment in
a joint venture, any excess of the cost of the investment over the Group’s share of the net fair value of the identifiable assets
and liabilities of the investee is recognized as goodwill, which is included within the carrying amount of the investment. Any excess
of the Group’s share of the net fair value of the identifiable assets and liabilities over the cost of the investment, after reassessment,
is recognized immediately in profit or loss in the period in which the investment is acquired.

The Group assesses whether there is
objective evidence that the interest in a joint venture may be impaired. When any objective evidence exists, the entire carrying amount
of the investment (including goodwill) is tested for impairment in accordance with IAS 36 Impairment of Assets as a single asset
by comparing its recoverable amount (higher of value in use and fair value less costs of disposal) with its carrying amount. Any impairment
loss recognized is not allocated to any asset, including goodwill, that forms part of the carrying amount of the investment. Any reversal
of that impairment loss is recognized in accordance with IAS 36 to the extent that the recoverable amount of the investment subsequently
increases. When a group entity transacts with a joint venture of the Group, profits and losses resulting from the transactions with the
joint ventures are recognized in the Group’s consolidated financial statements only to the extent of interests in the joint venture
that are not related to the Group

The Group measures its movie income
right investments and listed and unlisted equity investment at fair value at the end of each reporting period. Fair value is the price
that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the
measurement date. The fair value measurement is based on the presumption that the transaction to sell the asset or transfer the liability
takes place either in the principal market for the asset or liability, or in the absence of a principal market, in the most advantageous
market for the asset or liability. The principal or the most advantageous market must be accessible by the Group. The fair value of an
asset or a liability is measured using the assumptions that market participants would use when pricing the asset or liability, assuming
that market participants act in their economic best interest.

The Group uses valuation techniques
that are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximizing the use of relevant