Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 509

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 509
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                                                                    |     |            US$’000 |     | US$’000 |     | US$’000 |
| The carrying amounts are repayable:                                |     |                    |     |         |     |         |
| Within one year                                                    |     |                571 |     |     741 |     |     176 |
| Within a period of more than one year but no more than two years   |     |                582 |     |     302 |     |  50,321 |
| Within a period of more than two years but no more than five years |     |             50,544 |     |  51,003 |     | 159,046 |
| More than five years                                               |     |                  — |     |  10,258 |     |  10,066 |
|                                                                    |     |             51,697 |     |  62,304 |     | 219,609 |

Fixed -ratebank borrowings of US$11,139,000 and US$10,983,000 as of December31, 2023 and 2024 respectively are bearing an interest rate 5.0% per annum. All other floating -ratebank borrowings are bearing a variable interest rate with a weighted average contractual interest rate of 3.18% p.a., 9.11% p.a. and 4.03% p.a., respectively, as of December31, 2022, 2023 and 2024. As of December 31, 2022, 2023 and 2024, the Group had bank borrowings of approximately US$51,117,000, US$61,794,000 and US$219,584,000, respectively, secured by the Group’s properties with carrying amounts of approximately US$173,126,000, US$194,635,000 and US$551,099,000, respectively.

F-65

THE GENERATION ESSENTIALS GROUP
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2022, 2023 AND 2024 23.LEASE LIABILITIES

|                                                                                  |     | As of December 31, |      |     |         |      |     |         |   |
| 2022                                                                             |     |                    | 2023 |     |         | 2024 |     |         |   |