Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 161

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 19
Chunk 161
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 disclosure
requirements in the amendments are intended to assist users of financial statements in understanding the effects of supplier finance
arrangements on an entity’s liabilities, cash flows and exposure to liquidity risk.

The
amendments became effective for annual periods beginning on or after January 1, 2024.

The
implementation of the amendments did not have a material impact on the financial condition and results of the Company’s operations.

  A summary of new reporting standards not yet effective and which are relevant to the Company’s activities  

IFRS
18, Presentation and Disclosure in Financial Statements

In
April 2024, the International Accounting Standards Board (IASB) issued IFRS 18 ‘ Presentation and Disclosure in Financial Statements’
(IFRS 18). IFRS 18 will replace the existing IAS 1 ‘ Presentation of Financial Statements’ while carrying forward many of
the requirements in IAS 1.

IFRS
18 requires companies to provide improved structure and content to the financial statements, in particular the profit and loss statement.
IFRS 18 introduces three defined categories for income and expenses - operating, investing and financing in order to improve the structure
of the income statement, and requires all companies to provide new defined subtotals, including operating profit.

IFRS
18 provides enhanced guidance on the principles of aggregation and disaggregation which focus on grouping items based on their shared
characteristics. Characteristics refer for example to nature, function or measurement basis.

Where
items are presented by function, an entity is required to disclose information by nature for specific expenses.

IFRS
18 requires companies to disclose explanations of company-specific measures that are related to the income statement, referred to as
management-defined performance measures (MPMs). The information related to these measures will be disclosed in the financial statements
in a single note, including a reconciliation between the MPM and the most similar specified subtotal in IFRS. The new requirements are
intended to improve and transparency of management-defined performance measures.

IFRS
18 is effective for annual reporting periods beginning on or after 1 January 2027, with earlier application permitted. Entities that
early adopt IFRS 18 are required to disclose that fact in the notes.

The
Company is examining the potential impact of implementing IFRS 18 on its financial statements. However, the new standard is expected
to affect matters of presentation and disclosure.

F-22

SAVERONE
2014 LTD.

NOTES
TO THE FINANCIAL STATEMENTS (CONT.)

(New