Company: TGE
Filing Date: 2025-05-06
Form Type: F-4/A
Source: 0001213900-25-040058
Chunk: 474

Company: Generation Essentials Group
Filing Date: 2025-05-06
Form: F-4/A
Chunk 474
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 changes to one or more of the three elements of control described above. The financial statements of the subsidiaries are prepared for the same reporting period as the Company, using consistent accounting policies. The results of subsidiaries are consolidated from the date on which the Group obtains control, and continue to be consolidated until the date that such control ceases. Profit or loss and each item of other comprehensive income, if any, is attributed to the owners of the parent of the Group and to the non -controllinginterests, even if this results in the non -controllinginterests having a deficit balance. All intra -groupassets and liabilities, equity, income, expenses and cash flows relating to transactions among members of the Group are eliminated in full on combination. Non -controllinginterests in subsidiaries are presented separately from the Group’s equity therein, which represent present ownership interests entitling their holders to a proportionate share of net assets of the relevant subsidiaries upon liquidation. Changes in the Group’ s interests in existing subsidiaries Changes in the Group’s interests in subsidiaries that do not result in the Group losing control over the subsidiaries are accounted for as equity transactions. The carrying amounts of the Group’s relevant components of equity and the non -controllinginterests are adjusted to reflect the changes in their relative interests in the subsidiaries, including re -attributionof relevant reserves between the Group and the non -controllinginterests according to the Group’s and the non -controllinginterests’ proportionate interests. Any difference between the amount by which the non -controllinginterests are adjusted, and the fair value of the consideration paid or received is recognized directly in equity and attributed to owners of the Company. Business combinations A business is an integrated set of activities and assets which includes an input and a substantive process that together significantly contribute to the ability to create outputs. The acquired processes are considered substantive if they are critical to the ability to continue producing outputs, including an organized workforce with the necessary skills, knowledge, or experience to perform the related processes or they significantly contribute to the ability to continue producing outputs and are considered unique or scarce or cannot be replaced without significant cost, effort, or delay in the ability to continue producing outputs. Acquisitions of businesses, other than business combination under common control, are accounted for using the acquisition method. The consideration transferred in a business combination is measured at fair value, which is calculated as the sum of the acquisition -datefair values of the assets transferred by the Group, liabilities incurred by the Group to the former owners of the acquiree