Company: OTSA
Filing Date: 2025-07-07
Form Type: F-1/A
Source: 0001213900-25-061733
Chunk: 321

Company: OTSAW Ltd
Filing Date: 2025-07-07
Form: F-1/A
Chunk 321
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122,367 | ) |     | (873,466 | ) |     | (2,995,833 | ) |

Financial instruments by category The following table summarises the carrying amounts of financial assets and liabilities recorded at the end of the year:

|                                         |     | Note |     |      2024 |     |      2023 |
|                                         |     |      |     |       USD |     |       USD |
| Financial assets at amortised cost      |     |      |     |           |     |           |
| Trade receivables and other receivables |     |   13 |     | 1,327,996 |     | 1,454,729 |
| Cash and cash equivalents               |     |   14 |     |    30,331 |     |    34,982 |
|                                         |     |      |     | 1,358,327 |     | 1,489,711 |
| Financial liabilities at amortised cost |     |      |     |           |     |           |
| Trade and other payables                |     |   18 |     | 4,633,840 |     | 3,824,305 |
| Lease liabilities                       |     |   19 |     |   509,924 |     |   749,188 |
|                                         |     |      |     | 5,143,764 |     | 4,573,493 |

F-40

OTSAW LIMITED AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 APRIL 2024 23.Fair value of assets and liabilities Except as disclosed in the respective notes, the carrying amounts of cash and cash equivalents, trade and other receivables and payables, approximate their fair values due to their short term maturities. 24.Capital management The primary objective of the Group’s capital management is to ensure that it maintains a strong credit rating and healthy capital ratios in order to support its business and maximise shareholders value. The Group manages its capital structure and makes adjustments to it, in light of changes in economic conditions. To maintain or adjust the capital structure, the Group may adjust the dividend payment to shareholders, return capital to shareholders or issue new shares. No changes were made in the objectives, policies or processes during the financial year ended April 30, 2024. The Group are not subject