Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 152

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 19
Chunk 152
---

Unless otherwise stated, the carrying amounts of financial instruments
reflect their fair value. Refer to note 2 for further information on Fair value of financial instruments.

F-43

  Mobilicom Limited                               
  Notes to the consolidated financial statements  
  December 31, 2024                               
 ──────────────────────────────────────────────────

Note 26. Key management personnel disclosures

Compensation

The aggregate compensation made to directors and other members of key
management personnel of the Company is set out below:

                                    Consolidated                                          
                                    2024                             2023                 
                                    $                                $                    
  Short-term employee benefits                          753,773                  696,620  
  Post-employment benefits                              115,250                  169,684  
  Share-based payments                                  451,542                  458,873  
                                                      1,320,565                1,325,177  

Note 27. Commitments

There were no commitments for the current or previous financial year.

F-44

  Mobilicom Limited                               
  Notes to the consolidated financial statements  
  December 31, 2024                               
 ──────────────────────────────────────────────────

Note 28. Related party transactions

Key management personnel

Disclosures relating to key management personnel are set out in note
25.

Receivable from and payable to related parties

The following balances are outstanding at the reporting date in relation
to transactions with related parties:

                                   Consolidated                                              
                                   As of                          As of                      
                                   $                              $                          
  Current payables:                                                                          
  Payables to related parties                         98,186                        160,157  
  Non-current payables:                                                                      
  Payables to related parties                        121,008                         90,697  

Terms and conditions

All transactions were made on normal commercial terms and conditions
and at market rates.

F-45

  Mobilicom Limited                               
  Notes to the consolidated financial statements  
  December 31, 2024                               
 ──────────────────────────────────────────────────

Note 29. Interests in subsidiaries

The consolidated financial statements incorporate the assets, liabilities
and results of the following subsidiary in accordance with the accounting policy described in note 2:

                                                                                                       Ownership interest                                    
                                                                                                       2023                                2022              
  Name                                     Principal place of business / Country of incorporation      %                                   %                 
  Mobilicom Ltd (“ Mobilicom Israel”)      Israel                                                                              100.00                100.00  
  Mobilicom Inc (*)                        United