Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 156

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 19
Chunk 156
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 party to the contractual provisions
of the instrument.

  Financial                               

Financial
liabilities measured at amortized cost are recognized initially in the financial statements on the basis of fair value, less direct transaction
costs, if any. Subsequent to initial recognition, these financial liabilities are measured at amortized cost, using the effective interest
method, which also takes into account direct costs. The effective interest is recognized in profit and loss as financing expenses.

  Financial                                                   

This
group includes financial liabilities that are designated by the Company’s management upon initial recognition as financial liabilities
presented at fair value through profit and loss if they are qualified to such designation (e. g., certain warrants and promissory notes)
that are subject to settlement in variable numbers of shares See also Note 2R below.

Financial
liabilities in this category are presented at fair value at each reporting date. Changes in fair value are carried to profit and loss,
except for the change in fair value that can be attributed to changes in the credit risk of the liability which is presented as part
of other comprehensive income (loss), unless such treatment will generate on accounting mismatching in profit and loss. Transaction costs
are carried to profit and loss when incurred.

  Derecognition and offsetting of financial instruments  

  Derecognition  

Financial
assets

A
financial asset is derecognized when:

  The                                                                         

  The                                                                       

If
the Company did not substantially transfer all of the risks and rewards deriving from ownership of the transferred asset, but all of
the risks and rewards did not remain with the Company, and the Company retained control over the transferred asset, the Company continues
to recognize the transferred asset to the extent of its continuing involvement therein.

Financial
liabilities

A
financial liability is derecognized when the liability is settled, i. e., when the obligation defined in the contract has been repaid,
cancelled or expired.

  Offsetting             

Financial
assets and financial liabilities are presented in the statements of financial position at a net amount only when the Company has an enforceable
legal right of offset and there exists the intention to settle the asset and the liability on a net or simultaneous basis. An enforceable
legal right to offset exists when it can be enforced at any time, both during the normal course of business and in the event of insolvency,
and when it is not contingent on any future event.

F-18

SAVERONE
2014 LTD.

NOTES
TO THE FINANC