Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 684

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 684
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 shall disclose the amounts of proceeds and cost included in profit or loss that relate to items produced that are not an output of the entity’s ordinary activities, and which line item(s) in the statement of comprehensive income include(s) such proceeds and cost. These amendments had no impact on the consolidated financial statements of the Company as there were no sales of such items. (3) Amendments to IAS 37 Onerous Contracts — Cost of Fulfilling a Contract The Company has adopted the amendments to IAS 37 for the first time in the current year. The amendments specify that the cost of fulfilling a contract comprises the costs that relate directly to the contract. Costs that relate directly to a contract consist of both the incremental costs of fulfilling that contract (examples would be direct labor or materials) and an allocation of other costs that relate directly to fulfilling contracts (an example would be the allocation of the depreciation charge for an item of property, plant and equipment used in fulfilling the contract).These amendments had no impact on the consolidated financial statements of the Company as there were no onerous contracts. (4) COVID -19-RelatedRent Concessions (the 2020 amendments), which amended IFRS 16 Leases COVID -19related rental discounts and more available after June 30, 2021. In May 2020, the IASB issued COVID -19-RelatedRent Concessions (the 2020 amendments), which amended IFRS 16 Leases. The 2020 amendments introduced an optional practical expedient that simplifies how a lessee accounts for rent concessions that are a direct consequence of COVID -19. Under that practical expedient, a lessee is not required to assess whether eligible rent concessions are lease modifications, instead accounting for them in accordance with other applicable guidance. The 2021 amendments are effective for annual reporting periods beginning on or after April 1, 2021. These amendments had no impact on the consolidated financial statements of the Company as there were no COVID -19related rent concessions. (5) Annual Improvements to IFRS Accounting Standards 2018 -2020Cycle The Company has adopted the amendments included in the Annual Improvements to IFRS Accounting Standards 2018 -2020Cycle for the first time in the current year. The Annual Improvements include amendments to four standards. These amendments had no impact on the consolidated financial statements of the Company. IFRS 1 First-time Adoption of International Financial Reporting Standards The amendment provides additional relief to a subsidiary