Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 498

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 498
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:----|-------------:|:----|--------:|:----|---------:|
| US$’000          |     |      US$’000 |     | US$’000 |     |          |
| Not yet due      |     |        1,743 |     |   2,454 |     |    2,759 |
| Past due         |     |              |     |         |     |          |
| – within 1 month |     |          843 |     |     595 |     |      291 |
| – 1 to 3 months  |     |          155 |     |   1,204 |     |      385 |
| – Over 3 months  |     |           90 |     |   1,086 |     |      509 |
| Total            |     |        2,831 |     |   5,339 |     |    3,944 |

The Group has applied the lifetime ECL to measure the loss allowance and the ECL is performed on a collective basis. An impairment analysis of accounts receivable is performed at each reporting date using probability of default approach to measure expected credit losses. The probability of default and loss given default are estimated based on the Group’s assessment on credit ratings of the accounts receivable and 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 June 30, 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 and 2023 and June 30, 202