Company: TGE
Filing Date: 2025-11-21
Form Type: POS AM
Source: 0001213900-25-113604
Chunk: 88

Company: Generation Essentials Group
Filing Date: 2025-11-21
Form: POS AM
Chunk 88
---
           |
|                                                  |     | Actual           |           |
| Cash and bank balances                           |     |                  |    12,559 |
| Equity:                                          |     |                  |           |
| Ordinary shares                                  |     |                  |         — |
| Reverses                                         |     |                  |   730,599 |
| Equity attributable to the owners of the Company |     |                  |   730,599 |
| Non-controlling interests                        |     |                  |   110,352 |
| Total equity (A)                                 |     |                  |   840,951 |
| Long-term debts:                                 |     |                  |           |
| Long-term interest-bearing bank borrowings       |     |                  |   229,964 |
| Long-term lease liabilities                      |     |                  |       265 |
| Long-term amount due to ultimate holding company |     |                  |    81,563 |
| Total long-term debt (B)                         |     |                  |   311,792 |
| Total capitalization (A) + (B)                   |     |                  | 1,152,743 |

<div align='center'>45

SELECTED
HISTORICAL FINANCIAL DATA</div>

The following tables present
our selected combined financial data. We prepare our combined financial statements in accordance with IFRS. Except for numbers in
U.S. dollars, the selected consolidated statements of profit or loss and other comprehensive income for the years ended December 31,
2022, 2023 and 2024 and the six months ended June 30, 2024 and 2025, the selected consolidated statements of financial position as of
December 31, 2022, 2023 and 2024 and June 30, 2024 and 2025 and the selected consolidated statement of cash flows data for the years
ended December 31, 2022, 2023 and 2024 and the six months ended June 30, 2024 and 2025 have been derived from our audited consolidated
financial statements, which are included elsewhere in this prospectus. Our historical results for any prior period are not necessarily
indicative of results expected in any future period.

The financial data set forth
below should be read in conjunction with, and is qualified by reference to “Management’s Discussion and Analysis of Financial
Condition and Results of Operation” and the combined financial statements and notes thereto included elsewhere in this prospectus.