Company: APXIF
Filing Date: 2025-07-03
Form Type: F-4/A
Source: 0001213900-25-061545
Chunk: 669

Company: APx Acquisition Corp. I
Filing Date: 2025-07-03
Form: F-4/A
Chunk 669
---
, “Intangible assets”, management assesses the recoverable value of intangible assets based on value in use calculations which require the use of assumptions. The calculations use cash flow projections based on financial budgets approved by management covering a five -yearperiod. Cash flows beyond the five -yearperiod are extrapolated using the estimated growth rates. This approach involves key assumptions that leave considerable scope for judgement. The key assumptions being made related to this impairment test are consistent with those indicated in Note 14 — Shared -basedincentives. Estimated useful life of intangible assets See note 2.6 and note 5 for further information about how the Group estimates the useful life of intangible assets. F-129 Notes to Combined Financial Statements (Amounts in US Dollars, except otherwise indicated) 2.Summary of significant accounting policies and basis of preparation (cont.) Income taxes The Group must perform the estimation of income tax in the country it operates. This process includes the estimated final tax exposure and the determination of temporary differences resulting from the deferred treatment in certain items, such as accruals and depreciations, for tax and accounting purposes. These differences may result in deferred tax assets and liabilities, which are included in the individual financial position statement. Leases See note 2.7, “Leases”, for further information about how the Group estimates the interest rate for measure the lease liability at the present value of lease payments not yet paid at that date. Shared-based incentive For further details regarding the estimation methodologies and assumptions of share -basedincentive, please refer to Note 14 — Share -BasedIncentives . 2.2.New and amended IFRS Standards that are effective for the current year a)The following new standards, amendments and interpretations became applicable for the current reporting period and adopted by the Group: •Amendment to IAS 12 — Deferred tax related to assets and liabilities arising from a single transaction. •International Tax Reform — Pillar Two Model Rules (Amendments to IAS 12). •Amendments to IAS 1 and IFRS Practice Statement 2 — Disclosure of Accounting Policies. •Amendments to IAS 8 — Definition of Accounting Estimates. These new standards and amendments did not have any material impact on the Group. b)The following new standards and amendments are not yet adopted by the Group. •IFRS 19 — Simplifying disclosure requirements for certain subsidiary financial statements. This standard specifies the disclosure requirements that an entity is permitted to apply instead of the disclosure requirements in