Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 513

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 513
---
 the allowance of ECL on deposits and other receivables during the year ended December 31, 2023 and six months ended June 30, 2024. The tables below detail the credit risk exposures of the Group’s financial assets at amortized costs, which are subject to ECL assessment:

| 2022                            |     | 12-month                
 or lifetime             
 ECL                     
 2023                    |     |        As of 
 December 31, |     |         |     |    As of 
 June 30, 
     2024 |
|:--------------------------------|:----|:------------------------|:----|-------------:|:----|--------:|:----|---------:|
|                                 |     |                         |     |      US$’000 |     | US$’000 |     |  US$’000 |
| Accounts receivable (note (i))  |     | Lifetime ECL            
 (collective assessment) |     |        2,831 |     |   5,339 |     |    3,944 |
| Deposits and other receivables  |     | 12-month ECL            |     |        1,892 |     |   2,139 |     |   11,809 |
| Amounts due from joint ventures |     | 12-month ECL            |     |       30,554 |     |  23,810 |     |        — |
| Restricted cash                 |     | 12-month ECL            |     |          415 |     |     135 |     |        — |
| Cash and balance balances       |     | 12-month ECL            |     |        1,208 |     |   6,121 |     |   47,956 |
|                                 |     |                         |     |       36,900 |     |  37,544 |     |   63,709 |

____________ Notes: (i)For accounts receivable, the Group has applied the simplified approach in IFRS 9 to measure the loss allowance at lifetime ECL. (ii)The financial assets at amortized costs have a low risk of default as the counterparties do not have default history and there is no information indicating that these financial assets have a significant increase in credit risk since initial recognition.

F-71

WORLD MEDIA AND ENTERTAINMENT UNIVERSAL INC.
NOTES TO THE COMBINED FINANCIAL STATE