Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 484

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 484
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, and value -addedmarketing services including branded content, video production, social media activation, event creation, and experiential marketing, among other services. (b)Hotel operation, hospitality and VIP services segment: The Group engages in hotel operations, hospitality and VIP services (c)The strategic investment segment engages in proprietary investments and management of global investment portfolio (including listed and unlisted equity shares investments and movie income right investments). F-43

WORLD MEDIA AND ENTERTAINMENT UNIVERSAL INC.
NOTES TO THE COMBINED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2022 and 2023 and
six months ended June 30, 2023 AND 2024 4.OPERATING SEGMENT INFORMATION (cont.) Management monitors the results of the Group’s operating segments separately for the purpose of making decisions about resources allocation and performance assessment. Segment performance is evaluated based on reportable segment result, which is a measure of profit (loss) before tax from operations. The profit (loss) before tax from operations is measured after allocation of attributable costs of specialized staff and direct operating costs consistently with the Group’s profit (loss) before tax from operations. Other income, gain from a bargain purchase, finance costs, impairment loss under ECL model on financial assets and corporate expenses such as staff costs not directly attributable to segments, short -termleases and administrative expenses are excluded from such measurement. Segment assets exclude prepayments, deposits and other receivables and cash and bank balances, as these assets are managed on a group basis. Segment liabilities exclude tax payable, borrowings, amount due to ultimate holding company, lease liabilities and deferred tax liabilities as these liabilities are managed on a group basis. Segment revenue and results The following tables present information by segment: For the year ended December 31, 2022

|                                                       |     |     Media and 
 entertainment |     |        Hotel 
   operation, 
  hospitality 
          and 
 VIP services |     |  Strategic 
 investment |     |   Total |   |
|                                                       |     |       US$’000 |     |      US$’000 |     |    US$’000 |     | US$’000 |   |
| Segment revenue (Note 5)                              |     |               |     |              |     |            |     |         |   |
| Revenue                                               |     |               |     |              |     |            |     |         |   |
| – from contract with customers