Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 139

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 19
Chunk 139
---
                                        
  Reconciliation                                                                                       
  Balance                                                                        228,625      212,848  
  Interest                                                                        11,084       10,841  
  Current                                                                         12,706       13,009  
  Actuarial                                                                     ( 17,032      ( 2,439  
  Foreign                                                                        ( 1,429      ( 5,634  
  Balance                                                                        233,954      228,625  

Note 20. Non-current liabilities - Governmental liabilities on grants
received

  Consolidated                                                             
  As of                                           As of                    
  December 31,                                    December 31,             
  2024                                            2023                     
  $                                               $                        
  Governmental                        12,468                        4,560  

Accounting
policy for Government liabilities on grants received

The
Company measured the value of its governmental liabilities on grants received, each period, based on discounted cash flows derived from
Company’s future anticipated revenues.

F-28

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

Note 20. Non-current liabilities - Governmental liabilities on grants
received (continued)

The
Company participates in programs sponsored by the Israeli Innovation Authority- Office of Chief Scientist (“ OCS”), for the
support of research and development projects. Several programs are subjected to royalties, while others are not (the Company is committed
to pay royalties for the R& D programs, while the research programs do not require repayment). In exchange for the OCS’s participation
in the programs, the Company is required to pay royalties to the OCS at a rate between 3 3.5 100

Note 21. Equity - issued capital

  Consolidated                                                                                                                               
  As of                                                As of             As of             As of             As of             As of         
  December 31,                                         December 31,      December 31,      December 31,      December 31,      December 31,  
  2024                                                 2023              2022              2024              2023              2022          
  Shares                                               Shares            Shares            $                 $                 $             
  Ordinary shares - fully paid      2,059,298,968                                                                                            

F-29

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

Note 21. Equity - issued