Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 185

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 19
Chunk 185
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 the settlement notice (ser Note 13C5 above). The fair value of such derivative financial
liabilities subject the Company to recognize losses in case there will be change in the price of the Company’s ordinary share.
However, the settlement of these liabilities will be through exercise of the Company’s ordinary shares.

  Liquidity  

As
of December 31, 2024, the Company’s working capital amounted to NIS 9,757

The
Company’s policy is to manage its liquidity by assessing current forecasts for purposes of managing its cash for operating purposes
during the normal course of business. Depending on its current needs, the Company conducts, from time to time, additional rounds of fundraising.

As
of December 31, 2024, the balance of the Company’s financial liabilities which is expected to be repaid in cash during the 12-month
period following the balance sheet date, amounted to NIS 6,336 3

F-50

SAVERONE
2014 LTD.

NOTES
TO THE FINANCIAL STATEMENTS (CONT.)

(New
Israeli Shekels in thousands, except per share and share data)

Note
19 - Financial instruments and risk management (Cont.)

  Fair                            

Items,
the carrying value of which approximates their fair value

The
Company’s financial instruments which are part of its working capital, include cash and cash equivalents, short-term bank deposits,
restricted deposits, trade receivables, net other current assets, trade payables and other current liabilities. As of the reported periods,
the balances of these financial instruments in the statements of financial position constitute an approximation of their fair values.
In addition, the Company has a liability in respect of government grants, a liability in respect of leasing and promissory notes, net
that are measured at the initial recognition date at fair value and in subsequent periods at the amortized cost using the effective interest
method. Taking into consideration that there has not been a significant change in the discount rate used for recognition of the liabilities
and the current discount rate, the balance constitutes an approximation of fair value.

  A summary of financial instruments broken down by group:  

                                                                                 As                          
                                                                    of December 31,                          
                                                                               2024                          
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Financial                                                                                                  
  Cash                                                                                   13,298      17,112  
  Trade                                                                                   2,425       2,105  
  Other                                                                                     225