Company: CNCKW
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003470
Chunk: 276

Company: Coincheck Group N.V.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 276
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 the credit losses with the probability of the default occurring used as the weights. The Company directly reduces the gross carrying amount of a financial asset when it has no reasonable expectations of recovering the contractual cash flows on a financial asset in its entirety or a portion thereof. For financial assets measured at amortized cost, expected credit loss is recognized as an allowance for doubtful accounts. The provision and the reversal of a loss allowance are recognized in profit or loss as an impairment gain or loss. (d)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. F-11 COINCHECK, INC.
NOTES TO THE FINANCIAL STATEMENTS 3.Material accounting policies (cont.) (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 Company 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 Company derecognizes a financial liability when its contractual obligations are discharged or cancelled 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. (g)Cash and cash equivalents Cash and cash equivalents in the statements of financial position and statements of cash flows comprise cash and short -term, highly liquid investments 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 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 Company holds