Company: TGE
Filing Date: 2025-03-21
Form Type: DRS/A
Source: 0001013762-25-001106
Chunk: 493

Company: Generation Essentials Group
Filing Date: 2025-03-21
Form: DRS/A
Chunk 493
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     |  15,542 |

F-53

THE GENERATION ESSENTIALS GROUP
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
F OR THE YEARS ENDED DECEMBER 31, 2022, 2023 AND 2024 7.STAFF COSTS

|                                                                        |     | Year ended December 31, 
                    2022 |     |    2023 |     |    2024 |
|:-----------------------------------------------------------------------|:----|------------------------:|:----|--------:|:----|--------:|
|                                                                        |     |                 US$’000 |     | US$’000 |     | US$’000 |
| Salaries and bonus                                                     |     |                   3,078 |     |   6,436 |     |  11,693 |
| Pension scheme contributions (defined contribution schemes) and others |     |                     822 |     |   1,455 |     |   1,439 |
| Total                                                                  |     |                   3,900 |     |   7,891 |     |  13,132 |

8.FINANCE COSTS

|                                                                        |     | Year ended December 31, 
                    2022 |     |    2023 |     |    2024 |
|:-----------------------------------------------------------------------|:----|------------------------:|:----|--------:|:----|--------:|
|                                                                        |     |                 US$’000 |     | US$’000 |     | US$’000 |
| Interests on borrowings                                                |     |                   1,550 |     |   3,862 |     |   9,367 |
| Interests on amounts due to subsidiaries’ non-controlling shareholders |     |                   1,036 |     |   3,268 |     |   1,115 |
| Interests on lease liabilities                                         |     |                       — |     |       6 |     |     130 |
| Total                                                                  |     |                   2,586 |     |   7,136 |     |  10,612 |

9.INCOME TAX EXPENSE

|                                    |     | Year ended December 31, 
                    2022 |     |    2023 |     |    2024 |
|:-----------------------------------|:----|------------------------:|:----|--------:|:----|--------:|
|                                    |