Company: TGE
Filing Date: 2025-03-21
Form Type: DRS/A
Source: 0001013762-25-001106
Chunk: 500

Company: Generation Essentials Group
Filing Date: 2025-03-21
Form: DRS/A
Chunk 500
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 are estimated based on the Group’s assessment on credit ratings of the accounts receivable and

F-61

THE GENERATION ESSENTIALS GROUP
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2022, 2023 AND 2024 15.ACCOUNTS RECEIVABLE (cont.) historical loss experience. The calculation reflects the probability -weightedoutcome, the time value of money and reasonable and supportable information that is available at the reporting date about past events, current conditions and forecasts of future economic conditions. The calculation of ECL considers forward looking information through the use of publicly available economic data and forecasts, including macroeconomic data such as GDP growth and unemployment rate, management judgement to reflect the qualitative factors and through the use of multiple probability weighted scenarios. As of December 31, 2022, the probability of default ranged from 0.39% to 0.57% and the loss given default was estimated to be 45%. As of December 31, 2023, the probability of default ranged from 0.39% to 0.57% and the loss given default was estimated to be 46.9%. As of December 31, 2024, the probability of default ranged from 0.39% to 0.57% and the loss given default was estimated to be 46.9%. The ECL as of December 31, 2022, 2023 and 2024 were immaterial and no loss allowance for accounts receivable was provided. 16.PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES

|                                                  |     | As of December 31, |   |     |         |   |     |         |   |
|                                                  |     |               2022 |   |     |    2023 |   |     |    2024 |   |
|                                                  |     |            US$’000 |   |     | US$’000 |   |     | US$’000 |   |
| Prepayments                                      |     |                 67 |   |     |     506 |   |     |   1,727 |   |
| Deposits                                         |     |                199 |   |     |     353 |   |     |     195 |   |
| Other receivables                                |     |              2,194 |   |     |   2,