Company: NIVFW
Filing Date: 2025-03-07
Form Type: F-1
Source: 0001213900-25-021404
Chunk: 234

Company: NewGenIvf Group Ltd
Filing Date: 2025-03-07
Form: F-1
Chunk 234
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-----------:|:--|
| Building improvement           |     | $             |     96,020 |   |     | $            |     92,438 |   |
| Furniture and fixtures         |     |               |    260,199 |   |     |              |    250,493 |   |
| Medical instruments            |     |               |    877,542 |   |     |              |    844,809 |   |
| Motor vehicle                  |     |               |    148,473 |   |     |              |    142,936 |   |
| Office equipment               |     |               |    156,527 |   |     |              |    150,688 |   |
|                                |     |               |  1,538,761 |   |     |              |  1,481,364 |   |
| Less: accumulated depreciation |     |               | (1,345,567 | ) |     |              | (1,319,207 | ) |
| Total                          |     | $             |    193,194 |   |     | $            |    162,157 |   |

Depreciation expenses for the nine
months ended September 30, 2024 and 2023 were $ and $, respectively. No loss on disposal of assets for the nine months ended
September 30, 2024 and 2023.

No impairment loss was recorded for the nine
months ended September 30, 2024, and 2023.

F-54 NEWGENIVF GROUP LIMITED
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2024 AND 2023 (Stated in US Dollars)

NOTE 7 — ACCRUED LIABILTIES AND OTHER PAYABLES

Accrued liabilities and other payables consist
of the following:

|                               |     | 2024 | September 30, |     | 2023 | December 31, |
|:------------------------------|:----|:-----|--------------:|:----|:-----|-------------:|
| Accrued expenses              |     | $    |       250,039 |     | $    |       43,633 |
| Withholding tax payable       |     |      |         7,378 |     |      |        7,349 |
| Compensation payable (Note