Company: TGE
Filing Date: 2025-07-03
Form Type: F-1/A
Source: 0001213900-25-061211
Chunk: 312

Company: Generation Essentials Group
Filing Date: 2025-07-03
Form: F-1/A
Chunk 312
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 of financial
assets that require delivery of assets within the time frame established by regulation or convention in the marketplace.

Subsequent measurement

The subsequent measurement of financial assets depends on
their classification as follows:

Financial assets at amortized cost

Financial assets at amortized cost are subsequently measured
using the effective interest method and are subject to impairment. Gains and losses are recognized in the consolidated statements of profit
or loss when the asset is derecognized, modified or impaired.

The effective interest method is a method of calculating the
amortized cost of a financial asset and of allocating interest income and interest expense over the relevant period. The effective interest
rate is the rate that exactly discounts estimated future cash receipts and payments (including all fees and points paid or received that
form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of
the financial asset, or, where appropriate, a shorter period, to the net carrying amount on initial recognition.

Financial assets at FVTPL

Financial assets at FVTPL are carried in the consolidated
statements of financial position at fair value with net changes in fair value recognized in profit or loss.

Dividend income and gain related to disposed financial assets
at FVTPL and net fair value changes on FVTPL which are derived from the Group’s ordinary course of business are presented as revenue

The Group derecognizes a financial asset only when the contractual
rights to the cash flows from the asset expire.

On derecognition of a financial asset measured at amortized
cost, the difference between the asset’s carrying amount and the sum of the consideration received and receivable is recognized
in profit or loss.

The Group recognizes an allowance for ECLs for financial assets
at amortized cost. ECLs are based on the difference between the contractual cash flows due in accordance with the contract and all the
cash flows that the Group expects to receive, discounted at an approximation of the original effective interest rate. The expected cash
flows will include cash flows from the sale of collateral held or other credit enhancements that are integral to the contractual terms.

General approach

For credit exposures for which there has not been a significant
increase in credit risk since initial recognition, ECLs are provided for credit losses that result from default events that are possible
within the next 12-months (a 12-month ECL). For those credit exposures for which there has been a significant increase in credit risk
since initial recognition, a loss allowance is