Company: NCEL
Filing Date: 2025-03-03
Form Type: F-4/A
Source: 0001213900-25-018981
Chunk: 865

Company: NewcelX Ltd.
Filing Date: 2025-03-03
Form: F-4/A
Chunk 865
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31, 2023, for the convertible loan and the conversion component for options were reclassified from non -currentliabilities to current liabilities. NOTE 3: — DISCLOSURE OF NEW IFRS STANDARDS IN THE PERIOD PRIOR TO THEIR ADOPTION IFRS 18, “Presentation and Disclosure in Financial Statements” In April 2024, the IASB issued International Financial Reporting Standards (“IFRS”)18, “Presentation and Disclosure in Financial Statements” (“IFRS 18”) which replaces IAS1, “Presentation of Financial Statements”. IFRS 18 is aimed at improving comparability and transparency of communication in financial statements. IFRS 18 retains certain existing requirements of IAS 1 and introduces new requirements on presentation within the statement of profit or loss, including specified totals and subtotals. It also requires disclosure of management -definedperformance measures and includes new requirements for aggregation and disaggregation of financial information. IFRS 18 does not modify the recognition and measurement provisions of items in the financial statements. However, since items within the statement of profit or loss must be classified into one of five categories (operating, investing, financing, taxes on income and discontinued operations), it may change the entity’s operating profit. Moreover, the publication of IFRS 18 resulted in consequential narrow scope amendments to other accounting standards, including IAS7, “Statement of Cash Flows,” and IAS34, “Interim Financial Reporting.” IFRS 18 is effective for annual reporting periods beginning on or after January 1, 2027, and is to be applied retrospectively. Early adoption is permitted but will need to be disclosed. The Company is evaluating the effects of IFRS18, including the effects of the consequential amendments to other accounting standards, on its financial statements. Annex G-57

KADIMASTEM LTD.
NOTES TO THE INTERIM FINANCIAL STATEMENTS NOTE 4: — SIGNIFICANT EVENTS IN THE REPORTED PERIOD a.Further to what was stated in Note 15 to the Annual Financial Statements, until April 4, 2024 (hereinafter, the “Completion Date”), the investors transferred a total of additional USD $450 thousand (approximately NIS 1,692 thousand). In accordance with the embedded derivative measurement instructions, as set forth in IFRS9, the embedded derivative must be separated from the host contract by measuring the fair value of the embedded derivative and attributing the remaining consideration to the