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Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2024

Financial Instruments [Abstract]

Schedule of Financial Instruments by Category

a)Financial instruments by category

		June 30, 2024				December 31, 2023
Financial assets
Financial assets at fair value through profit or loss		$	1,544,045			$	995,101
Financial assets at amortized cost (Note)			63,346,977				48,839,518
		$	64,891,022			$	49,834,619

		June 30, 2024				December 31, 2023
Financial liabilities
Financial liabilities at amortized cost (Note)		$	33,674,346			$	42,216,345
Warrant liabilities			5,490,903				6,221,482
Convertible preference share liabilities			14,570,968				7,767,238
		$	53,736,217			$	56,205,065

Note: Financial assets at amortized cost include cash and cash equivalents, financial assets at amortized cost, accounts receivable, other receivables and guarantee deposits. Financial liabilities at amortized cost include short-term borrowings, notes and accounts payable, other payables and long-term borrowings (including current portion).

Schedule of Assets and Liabilities Denominated in Foreign Currencies

The information on assets and liabilities denominated in foreign currencies whose values would be materially affected by the exchange rate fluctuations is as follows:

		June 30, 2024
		Foreign currency amount (in thousands)				Exchange rate				Book value (USD)
(Foreign currency: functional currency)
Financial assets
Monetary items
NTD:USD		$	519,626				0.031			$	15,981,373
EGP:USD			2,032,144				0.021				33,046,767
Financial liabilities
Monetary items
NTD:USD			695,799				0.031				21,399,647
EGP:USD			741,599				0.021				15,425,249
GBP:USD			14,240				1.260				17,941,994

		December 31, 2023
		Foreign currency amount (in thousands)				Exchange rate				Book value (USD)
(Foreign currency: functional currency)
Financial assets
Monetary items
NTD:USD		$	516,510				0.033			$	16,844,446
EGP:USD			600,433				0.055				33,285,236
Financial liabilities
Monetary items
NTD:USD			614,748				0.033				20,048,202
EGP:USD			432,966				0.033				14,158,000
GBP:USD			12,619				1.270				16,025,800

Schedule of Foreign Currency Market Risk Arising from Significant Foreign Exchange Variation

Analysis of foreign currency market risk arising from significant foreign exchange variation:

		Six months ended June 30, 2024
		Sensitivity analysis
		Degree of variation				Effect on profit or loss (USD)				Effect on other comprehensive income
(Foreign currency: functional currency)
Financial assets
Monetary items
NTD:USD			1	%		$	159,814			$	-
EGP:USD			1	%			330,468				-
Financial liabilities
Monetary items
NTD:USD			1	%			213,996				-
EGP:USD			1	%			154,252				-
GBP:USD			1	%			179,420				-

		Six months ended June 30, 2023
		Sensitivity analysis
		Degree of variation				Effect on profit or loss (USD)				Effect on other comprehensive income
(Foreign currency: functional currency)
Financial assets
Monetary items
NTD:USD			1	%		$	166,897			$	-
Financial liabilities
Monetary items
NTD:USD			1	%		$	102,305			$	-

Schedule of Provision Matrix

On June 30, 2024 and December 31, 2023, the provision matrix are as follows:

		Not past due				Up to 180 days past due				Up to 365 days past due				Over 366 days past due				Total
At June 30, 2024
Expected loss rate			0.03%~100	%			0.15%-100	%			1.4%~100	%			100	%
Total book value		$	471,022			$	17,669,716			$	6,271,360			$	5,705,518			$	30,117,616
Loss allowance			142				1,101,341				6,271,360				5,705,518				13,078,361

		Not past due				Up to 180 days				Up to 365				Over 366 days				Total
At December 31, 2023
Expected loss rate			0.03%~0.4	%			0.07%-0.91	%			1.82%~100	%			100	%
Total book value		$	3,937,838			$	4,770,297			$	3,100,633			$	2,754,385			$	14,563,153
Loss allowance			2,489,636				4,770,297				3,100,633				2,754,385				13,114,951

Schedule of Loss Allowance for Accounts Receivable

Movements in relation to the Group applying the modified approach to provide loss allowance for accounts receivable are as follows:

		2024
		Accounts receivable				Other receivables
At January 1		$	13,114,951			$	521,852
Reverse provision for ECLs			(36,590	)			-
At June 30		$	13,078,361			$	521,852

		2023
		Accounts receivable				Other receivables
At January 1		$	1,481,779			$	-
Provision for ECLs			11,633,172				521,852
At December 31		$	13,114,951			$	521,852

Schedule of Non-Derivative Financial Liabilities

The amounts disclosed in the table are the contractual undiscounted cash flows.

Non-derivative financial liabilities:
June 30, 2024		Less than 1 year				Over 1 year
Lease liabilities		$	172,685			$	619,280
Long-term borrowings (Including current portion)			2,018,170				5,392,223

Non-derivative financial liabilities:
December 31, 2023		Less than 1 year				Over 1 year
Lease liabilities		$	30,327			$	23,011
Long-term borrowings (Including current portion)			1,817,873				6,822,438

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