Company: TGE
Filing Date: 2025-07-03
Form Type: F-1/A
Source: 0001213900-25-061211
Chunk: 359

Company: Generation Essentials Group
Filing Date: 2025-07-03
Form: F-1/A
Chunk 359
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 impairment based on
12-month ECL. For year ended December 31, 2022, the Group recognized ECL on deposits and other receivables of US$501,000 and
there is no movement on the allowance of ECL on deposits and other receivables during the year ended December 31, 2022, 2023 and
2024.

The tables below detail the credit risk exposures of the Group’s
financial assets at amortized costs, which are subject to ECL assessment:

|                                 |     | 12-month                
 or lifetime             |     | As of December 31, |        |     |         |        |     |         |        |
|                                 |     | ECL                     |     |               2022 |        |     |    2023 |        |     |    2024 |        |
|                                 |     |                         |     |            US$’000 |        |     | US$’000 |        |     | US$’000 |        |
| Accounts receivable (note (i))  |     | Lifetime ECL            
 (collective assessment) |     |                    |  2,831 |     |         |  5,339 |     |         |  6,457 |
| Deposits and other receivables  |     | 12-month ECL            |     |                    |  1,892 |     |         |  2,139 |     |         |  1,816 |
| Amounts due from joint ventures |     | 12-month ECL            |     |                    | 30,554 |     |         | 23,810 |     |         |      — |
| Restricted cash                 |     | 12-month ECL            |     |                    |    415 |     |         |    135 |     |         |      — |
| Cash and balance balances       |     | 12-month ECL            |     |                    |  1,208 |     |         |  6,121 |     |         | 19,978 |
|                                 |     |                         |     |                    | 36,900 |     |         | 37,544 |     |         | 28,251 |

Notes:

| (i) | For accounts receivable, the Group has applied the simplified     
 approach in IFRS 9 to measure the loss allowance at lifetime ECL. |

| (ii