Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 145

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 19
Chunk 145
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 currency reserve                                                ( 2,162,530                        ( 2,054,228                        ( 1,632,532  
  Re-measurements of defined benefit plans reserve                           ( 72,826                           ( 90,686                           ( 96,953  
                                                                          ( 2,235,356                        ( 2,144,914                        ( 1,729,485  

Foreign currency reserve

The reserve is used to recognise exchange differences
arising from the translation of the financial statements of foreign operations to Australian dollars.

Re-measurements of defined benefit plans reserves

The reserve is used for remeasurements comprising
actuarial gains and losses on the net defined benefit liability.

F-35

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

Note 22. Equity - reserves (continued)

Movements in reserves

Movements in each class of reserve during the
current and previous financial year are set out below:

                                                                             Re-measurement                     Foreign                                     
                                                                             reserve                            reserve                                     
  Consolidated                                                               $                                  $                                           
  Balance at January 1, 2022                                                                     ( 369,811                      ( 858,881      ( 1,228,692  
  Re-measurement of defined benefit plans                                                        272,858                                -          272,858  
  Re-allocation between accumulated losses and foreign currency reserve                          -                              ( 653,063        ( 653,063  
  Translation adjustment due to change in presentation currency                                  -                              ( 120,588        ( 120,588  
  Balance at December 31, 2022                                                                   ( 96,953                     ( 1,632,532      ( 1,729,485  
  Re-measurement of defined benefit plans                                                        6,267                                  -            6,267  
  Re-allocation between accumulated losses and foreign currency reserve                          -                              ( 332,597        ( 332,597  
  Translation adjustment due to change in presentation currency                                  -                               ( 89,099         ( 89,099  
  Balance at December 31, 2023                                                                   ( 90,686                     ( 2,054,228      ( 2,144,914  
  Re-measurement of defined benefit plans                                                        17,860                                 -           17,860  
  Re-allocation between accumulated losses and foreign currency reserve                          -                              ( 108,302        ( 108