Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 150

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 19
Chunk 150
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 Accounting Standards Board (the “ IASB”).

  Use of significant accounting estimates and assumptions and judgements  

The
preparation of financial statements in conformity with IFRS requires management to make accounting estimates and assessments that involve
use of judgment and that affect the amounts of assets and liabilities presented in the financial statements, the disclosure of contingent
assets and liabilities at the dates of the financial statements, the amounts of revenues and expenses during the reporting periods and
the accounting policies adopted by the Company. Actual results could differ from those estimates.

For
information regarding significant estimates and considerations which embody significant sensitivity to future events, see also Note 3
below.

  The functional currency and the presentation currency of the financial statements  

  The                                                                                        

  The                                                   

  Assets, liabilities and transactions linked to or in foreign currency  

  Financial                                                                                 

  Transactions                                                                                      

  The following table presents data pertaining to the rate of change of the exchange rate of U. S. dollar, Euro and Israeli CPI (ICPI) during the reported periods:  

                                        Year                                                                     
                                        ended December 31,                                                       
                                        2024                               2023                 2022             
                                        %                                  %                    %                
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  ICPI                                                           3.24                2.958                5.263  
  Representative                                                  0.5                  3.0                 13.2  
  Representative                                                ( 5.3                  6.9                  6.6  

F-12

SAVERONE
2014 LTD.

NOTES
TO THE FINANCIAL STATEMENTS (CONT.)

(New
Israeli Shekels in thousands, except per share and share data)

Note
2 - Material accounting policies (Cont.)

  Cash and cash equivalents  

Cash
and cash equivalents include highly liquid investments, including short-term bank deposits (with original maturity dates of up to three
months from date of deposit) that are not restricted as to withdrawal or use.

  Inventory  

Inventory
is measured at the lower of cost and net realizable value. Cost of inventory comprises purchase costs, conversion costs and costs incurred
in bringing the inventory to its present location and condition. Net realizable value is the estimated selling price in the ordinary
course of business less estimated costs of completion and estimated costs necessary to make the sale.

Cost
of inventory is determined on the basis of the following:

  Raw                                                    

  Finished                                                   

  Property