Company: NCEL
Filing Date: 2025-09-03
Form Type: F-4/A
Source: 0001213900-25-084157
Chunk: 811

Company: NewcelX Ltd.
Filing Date: 2025-09-03
Form: F-4/A
Chunk 811
---
 as follows:

|                                     |     |         % |     | Mainly % |
| Laboratory equipment and clean room |     |        15 |     |          |
| Office furniture and equipment      |     |    8 – 15 |     |       15 |
| Computers and peripheral equipment  |     |        33 |     |          |
| Leasehold improvements              |     | See below |     |          |

Leasehold improvements are depreciated using the straight -linemethod over the lease period, or according to the estimated life of the improvement, whichever is shorter. The useful life, the depreciation method, and the residual value of each asset are examined, at a minimum, per year end, and any changes are treated as a change in accounting estimate prospectively. The depreciation of assets ceases on the date on which the asset is classified as an asset held for sale or the date on which the asset is derecognized, whichever is earlier. The Company depreciates the fixed assets according to its economic life. G.Issuance of a unit of securities In an issuance of a unit of securities, the proceeds received (before the issuance expenses) are allocated to the securities issued in the unit in accordance with this order of allocation: financial derivatives and other financial instruments that are presented at fair value in each period. The fair value is then determined for financial liabilities that are measured at amortized cost, and the consideration allocated for equity instruments is determined as the residual value. The issuance costs are allocated to each component on a pro rata basis, according to the amounts determined for each component of the unit. H.Change in accounting policy — first -timeimplementation of new financial reporting standards and amendments to accounting standards 1.Amendment to IAS1, Presentation of financial statements In January 2020, the IASB published an amendment to International Accounting Standards (“IAS”)1, Presentation of Financial Statements (“IAS 1”), regarding the requirements for classifying liabilities as current or non -current(hereinafter, the “Original Amendment”). In October 2022, the IASB published a subsequent amendment to amend the Original Amendment (hereinafter, the “Subsequent Amendment”).

Annex G-11 KADIMASTEM LTD.
NOTES TO FINANCIAL STATEMENTS NOTE 2: — ACCOUNTING POLICIES (cont.) The Subsequent Amendment stated that: •Only financial covenants that an entity must meet before or at the end of the reporting period would affect