Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 150

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 19
Chunk 150
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 forecasting.

The carrying amount of the Company’s foreign currency
denominated financial assets and financial liabilities at the reporting date were as follows (holdings are shown in $ equivalents):

                          Assets                                              Liabilities                                
                          2024                       2023                     2024                                       
  Consolidated            $                          $                        $                                          
  New Israeli Shekel                  1,869,176                1,677,602                         896,730      1,084,678  
  Euros                                  11,519                   32,902                             557            319  
  AUD                                        57                   69,606                       4,673,480      5,053,672  
                                      1,880,752                1,780,110                       5,570,767      6,138,669  

Foreign exchange risk arises from future commercial transactions and
recognised financial assets and financial liabilities denominated in a currency that is not the Company’s functional currency. The
risk is measured using sensitivity analysis.

F-41

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

Note 25. Financial instruments (continued)

Price risk

Price risk is the risk that future cashflows derived from
financial instruments will be changed as a result of a market price movement, other than foreign currency rates and interest rates. The
Company is not exposed to any significant price risk.

Credit risk

Credit risk refers to the risk that a counterparty
will default on its contractual obligations resulting in financial loss to the company. The Company has a strict code of credit, including
obtaining agency credit information, confirming references and setting appropriate credit limits. The Company obtains guarantees where
appropriate to mitigate credit risk. The maximum exposure to credit risk at the reporting date to recognised financial assets is the carrying
amount, net of any provisions for impairment of those assets, as disclosed in the statement of financial position and notes to the financial
statements. The Company does not hold any collateral.

The Company has adopted a lifetime expected loss
allowance in estimating expected credit losses to trade receivables through the use of a provisions matrix using fixed rates of credit
loss provisioning. These provisions are considered representative across all customers of the Company based on recent sales experience,
historical collection rates and forward-looking information that is available.

Generally, trade receivables are written off when
there is no reasonable expectation of recovery. Ind