Company: NCEL
Filing Date: 2025-03-31
Form Type: F-4/A
Source: 0001213900-25-026428
Chunk: 831

Company: NewcelX Ltd.
Filing Date: 2025-03-31
Form: F-4/A
Chunk 831
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| 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-time implementation of new financial reporting standards and amendments to applicable accounting standards 1. Amendment to IAS 1, disclosure of accounting policies In February 2021, the IASB published an amendment to International Accounting Standard 1: Presentation of Financial Statements (hereinafter, the “Amendment”). In accordance with the Amendment, companies are required to provide a disclosure of their material accounting policies, in lieu of the current requirement to provide a disclosure of their significant accounting policies. One of the main reasons for this Amendment stems from the fact that the term “significant” does not have a definition in the IFRS, whereas the term “material” has a definition in various standards, and in particular, in IAS 1. The Amendment will be applied to annual periods beginning on or after January 1, 2023. Early implementation is allowed.

Annex G-11 KADIMASTEM LTD.
NOTES TO FINANCIAL STATEMENTS Note 2: — accounting policies (cont.) The above Amendment