Company: CNCKW
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003470
Chunk: 320

Company: Coincheck Group N.V.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 320
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)Classification and measurement of financial liabilities (i)Financial liabilities measured at amortized cost Financial liabilities measured at amortized cost are initially recognized at fair value, minus directly attributable transaction costs. Subsequent to the initial recognition, they are measured at amortized cost using the effective interest method. (ii)Financial liabilities measured at FVTPL Financial liabilities measured at FVTPL are initially recognized at fair value and attributable transaction costs are recognized as profit or loss when incurred. Subsequent to the initial recognition, they are measured at fair value, and gains and losses arising from changes in fair value are recognized as profit or loss. (e)Derecognition of financial assets and financial liabilities The Group derecognizes a financial asset when (i) the contractual rights to the cash flows from the financial asset expire or (ii) it transfers the rights to receive the contractual cash flows in a transaction in which substantially all of the risks and rewards of ownership of the financial asset are transferred. The Group derecognizes a financial liability when its contractual obligations are discharged or canceled or expired. (f)Fair value measurement The fair value of financial assets and financial liabilities is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date. F-60 COINCHECK GROUP N.V. and its subsidiaries.
NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS
(UNAUDITED) 3.Material accounting policies (cont.) (g)Cash and cash equivalents Cash and cash equivalents in the condensed consolidated interim statements of financial position and condensed consolidated interim statements of cash flows comprise cash and short -term, highly -liquidinvestments that are readily convertible to a known amount with an insignificant risk of change in value. (h)Cash segregated as deposits Cash segregated as deposits includes cash deposited in trust accounts, and accordingly, cash segregated as deposits is reported as such in the condensed consolidated interim statements of financial position. (i)Customer accounts receivable Customer accounts receivable is mainly due from credit card companies, which are payment processors, for settlement of funds from customers. Customer accounts receivable is recognized initially at fair value. The Group holds the customer accounts receivable with the objective of collecting the contractual cash flows and therefore measures them subsequently at amortized cost. (3)Crypto assets (a)Crypto assets held Crypto assets held (current assets) consist of cryptocurrencies for facilitating customer transactions and NFTs for sale and are recognized as inventories. Cryptoc