Company: SLMT
Filing Date: 2025-05-28
Form Type: 20-F/A
Source: 0001213900-25-048029
Chunk: 41

Company: Brera Holdings PLC
Filing Date: 2025-05-28
Form: 20-F/A
Chunk 41
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           |     | Loss      
 allowance 
 EUR       |        |     | Net      
 carrying 
 amount   
 EUR      |           |
| 2024                               |     |                                    |     |          |           |     |           |        |     |          |           |
| Trade receivables                  |     | Lifetime ECL – Not credit-impaired |     |          | 1,024,575 |     |           | 20,324 |     |          | 1,004,251 |
| Other receivables                  |     | 12-month ECL                       |     |          |    37,593 |     |           |      - |     |          |    37,593 |
|                                    |     |                                    |     |          | 1,062,168 |     |           | 20,324 |     |          | 1,041,844 |
| 2023                               |     |                                    |     |          |           |     |           |        |     |          |           |
| Trade receivables                  |     | Lifetime ECL – Not credit-impaired |     |          |   348,200 |     |           |      - |     |          |   348,200 |
| Other receivables                  |     | 12-month ECL                       |     |          |         - |     |           |      - |     |          |         - |
|                                    |     |                                    |     |          |   348,200 |     |           |      - |     |          |   348,200 |

Liquidity Risk

Liquidity risk is the risk that we will not be
able to meet our financial obligations as they fall due. Our approach to managing liquidity risk to is ensure, as far as possible, that
we will always have sufficient funds to meet liabilities when due. We also manage liquidity risk by continuously monitoring actual and
budgeted expenses.

In the management of the liquidity risk, the Company
monitors and maintains a level of cash and cash equivalents deemed adequate by management to finance its operations and mitigate the effects
of fluctuations in cash flows. The management monitors the utilization of bank borrowings and ensures compliance with loan covenants.

Market Risk

Market risk is the risk that changes in market
prices, such as foreign exchange rates and interest rates, will affect our income or the value of our holdings of financial instruments.
We have limited exposure to any market risk.

Interest Rate Risk

We