Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 339

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 339
---
.6 |     |  60,457 |   |     | 142.1 |            |     |             26,161 |   |     |  86.0 |     |  8,660 |     |  25.3 |
| Net fair value changes on FVTPL                                                                              |     |             13,011 |     |  41.6 |     | (37,759 | ) |     | (88.8 | )          |     |             (2,463 | ) |     |   8.1 |     |  7,220 |     |  21.1 |
| Total                                                                                                        |     |             31,263 |     | 100.0 |     |  42,543 |   |     | 100.0 |            |     |             30,417 |   |     | 100.0 |     | 34,231 |     | 100.0 |

Cost of production and cost of hotel operation Our cost of production and cost of hotel operation was US$3.2 million, US$5.9 million, US$2.7 million and US$5.4 million in 2022, 2023 and during the six months ended June 30, 2023 and 2024, respectively. Cost of production.Cost of production refers to expenses related to production of magazines since the acquisition of the business of L’Officiel and The Art Newspaper in April 2022 and October 2023, respectively. Cost of production primarily include (i) production expenses including editorial expenses paid to editorial staff, payments to authors and other parties for creating articles, features and other content for our magazines, design and layout expenses, (ii)distribution expenses such as shipping and subscription fulfillment expenses incurred in connection with the delivery of magazines to subscribers and distribution network expenses spent on leases and equipment, and (iii) printing expenses primarily including expenses on creating plates, printing materials and supplies such as paper, ink and general office supplies, utilities and printing equipment acquisition and maintenance, as well as prepress expenses such as proofreading and color correction. Our cost of production was US$1.5 million, US$3.8 million, US$1.4 million and US$3.5 million in 2022, 2023 and during the six months ended June 30, 2023 and 2024, respectively. Cost of hotel operation.Cost of hotel