Company: TGE
Filing Date: 2025-04-11
Form Type: F-4
Source: 0001213900-25-031177
Chunk: 461

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: F-4
Chunk 461
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 of December 31, 2024                                                                      |     | —          |     | 261,889 |     |   100,000 |     |  (3,153 | ) |     |      95,678 |     |     (682 | ) |     |  211,545 |     |      665,277 |   |     |     103,853 |   |     | 769,130 |   |

____________ Notes: (i)Contribution from and distribution to ultimate holding company during the years represents the dividend income net with withholding tax received, payments to or disposal receipts of financial assets at FVTPL and settlement of derivative financial instruments directly through ultimate holding company. (ii)The amount is less than US$1,000. The accompanying notes are an integral part of the combined financial statements

F-27

THE GENERATION ESSENTIALS GROUP
consolidated STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED DECEMBER 31, 2022, 2023 AND 2024

|                                                                                          |     | Notes |     | Year ended December 31, 
                    2022 |   |     |    2023 |   |     |    2024 |   |
|:-----------------------------------------------------------------------------------------|:----|------:|:----|------------------------:|:--|:----|--------:|:--|:----|--------:|:--|
|                                                                                          |     |       |     |                 US$’000 |   |     | US$’000 |   |     | US$’000 |   |
| OPERATING ACTIVITIES                                                                     |     |       |     |                         |   |     |         |   |     |         |   |
| Profit before tax                                                                        |     |       |     |                  23,722 |   |     |  19,059 |   |     |  46,373 |   |
| Adjustments for:                                                                         |     |       |     |                         |   |     |         |   |     |         |   |
| Interest income                                                                          |     |       |     |                       — |   |     |      (4 | ) |     |     (17 | ) |
| Dividend income                                                                          |     |       |     |                  (6,412 | ) |     |  (9,935 | ) |     |  (8,681 | ) |
| Net fair value