Company: COOT
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0001493152-25-005620
Chunk: 11

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-02-10
Form: 10-Q
Item: Item 8
Chunk 11
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 entity for which separate financial information is available and that is regularly reviewed
by the Chief Operating Decision Maker (“CODM”) in deciding how to allocate resources to an individual segment and in assessing
performance. The CODM reviews financial information presented on a consolidated basis for purposes of making operating decisions, allocating
resources, and evaluating financial performance. As such, the Company has determined that it operates as one operating segment.

(n)
New and amended standards and interpretations

    i)
    New
    standards, amendments to published approved accounting and reporting standards and interpretations which are effective during the
    year

 The
Company has applied the following standards and amendments for the first time for its annual reporting for the period commencing 1 July
2024:

●Definition
                                            of Accounting Estimates - amendments to IAS 8

●International
                                            Tax Reform - Pillar Two Model Rules - amendments to IAS

●Deferred
                                            Tax related to Assets and Liabilities arising from a Single Transaction - amendments to IAS
                                            12

●Disclosure
                                            of Accounting Policies - Amendments to IAS 1 and IFRS Practice Statement 2

The
amendments listed above did not have any impact on the amounts recognised in prior periods and are not expected to significantly affect
the current or future periods.

ii)
Standards, amendments to published standards and interpretations that are not yet effective and have not been early adopted by the Company

●Amendments
                                            to IFRS 10 and IAS 28 - Sale or Contribution of Assets between an Investor and its Associate
                                            or Joint Venture

●Amendments
                                            to IAS 1 - Classification of Liabilities as Current or Non-current

●Amendments
                                            to IAS 7 and IFRS 7 - Supplier Finance Arrangements

●Amendments
                                            to IFRS 16 - Lease Liability in a Sale and Leaseback

●Amendments
                                            to IFRS 18 – Presentation and Disclosure in Financial Statements

The
amendments listed above have been published but are not mandatory for 30 September 2024 reporting periods and have not been early adopted
by the Company. These amendments are not expected to have a material impact on the entity in the current or future reporting periods
and on foreseeable future transactions.

     12 

3
Trade and Other Receivables

 Schedule of Trade and Other Receivables

    Unaudited 
    30
    September 202